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Partial Lump Sum Payment – En-Con Police Officers Plan
… To be eligible to choose a partial lump sum payment (PLS), you must: Retire under a special 20- or 25-year plan; Retire … Choosing a Lump Sum Payment When you file for retirement, if you are eligible for PLS, we will send you a special …
https://www.osc.ny.gov/retirement/publications/1822/partial-lump-sum-paymentChoosing a Payment Option – En-Con Police Officers Plan
… Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/choosing-payment-optionService Retirement Benefit – En-Con Police Officers Plan
… your FAS, up to a maximum of 15 years for Tier 1 members and seven years for Tier 2, 3, 5 and 6 members. Your total benefit cannot exceed 75 percent of … of your FAS for each year of En-Con police service and 1/60th (1.66 percent) of your FAS for each year of …
https://www.osc.ny.gov/retirement/publications/1822/service-retirement-benefitFinal Average Salary – En-Con Police Officers Plan
… Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/final-average-salaryService Credit – En-Con Police Officers Plan
… Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/service-creditEnding Your Membership – En-Con Police Officers Plan
… If you do not have at least five years of credited service and seven years have elapsed since you last worked for a … employer; 1 If you are not vested, leave public employment and voluntarily withdraw your membership ; If you transfer … with an employer that participates in the New York State and Local Retirement System. 1 Updated 10/22 …
https://www.osc.ny.gov/retirement/publications/1822/ending-your-membershipBecoming Eligible for a Benefit – En-Con Police Officers Plan
… — you do not have to fill out any paperwork or file an application to become vested. However, you will need to file an application to begin receiving your vested benefit. 1 …
https://www.osc.ny.gov/retirement/publications/1822/becoming-eligible-benefitContributing Toward Your Retirement – En-Con Police Officers Plan
… toward your retirement benefits until you retire or have 32 years of service credit, whichever occurs first. These … annual salary, as shown below, until you retire or have 32 years of service credit, whichever occurs first. These …
https://www.osc.ny.gov/retirement/publications/1822/contributing-toward-your-retirementTier Status – En-Con Police Officers Plan
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If … members in the En-Con Police Officers Plan are covered by Article 11 benefits. Other PFRS members who joined July 1, … opt into Tier 5), can be covered by Article 11 or Article 14 benefits, depending on their retirement plan election. …
https://www.osc.ny.gov/retirement/publications/1822/tier-statusRetirement System Membership – En-Con Police Officers Plan
… Police officers and paid firefighters working for employers that participate in the New York State and Local Police and Fire Retirement System (PFRS) must become members of the … Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension …
https://www.osc.ny.gov/retirement/publications/1822/retirement-system-membershipLimitations – State University Police Plan
… if: Your date of membership is before April 1, 1972; and Your FAS is based on the 36 months of earnings … immediately preceding your date of retirement. Tiers 2 and 3 If the earnings in any year included in the FAS period … vacation is not included in the calculation of your FAS, and the amount of overtime that can be included in your FAS …
https://www.osc.ny.gov/retirement/publications/1823/limitationsOverview – State University Police Plan
… Your pension is based on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the wages you earned … for each year in the period used in the FAS;* Holiday pay; and Longevity payments (maximum of one per FAS year), if …
https://www.osc.ny.gov/retirement/publications/1823/overviewBecoming Eligible for a Benefit – State University Police Plan
… You may retire at any age after completing 25 years of SUNY police service, or you may qualify for a service retirement if you reach age 60 before having served 25 years as a SUNY police … public payroll may collect a vested retirement benefit at age 55. Tier 6 members who are off public payroll may collect …
https://www.osc.ny.gov/retirement/publications/1823/becoming-eligible-benefitContributing Toward Your Retirement – State University Police Plan
… State University Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered …
https://www.osc.ny.gov/retirement/publications/1823/contributing-toward-your-retirementWorld Trade Center Presumption – State University Police Plan
… World Trade Center rescue, recovery or cleanup efforts, and you were employed by a participating employer of NYSLRS … retirement benefit if you become permanently disabled and unable to perform your job due to a qualifying condition. … condition. There are specific eligibility requirements and filing deadlines that must be met for these benefits. For …
https://www.osc.ny.gov/retirement/publications/1823/world-trade-center-presumptionPartial Lump Sum Payment – State University Police Plan
… To be eligible to choose a partial lump sum payment (PLS), you must: Retire under a special 20- or 25-year plan; Retire … Choosing a Lump Sum Payment When you file for retirement, if you are eligible for PLS, we will send you a special …
https://www.osc.ny.gov/retirement/publications/1823/partial-lump-sum-paymentVested Retirement Benefit – En-Con Police Officers Plan
… retirement age and have five years of credited service. When you reach retirement age, you will be entitled to a … Tiers 1 & 2 — the first of the month following your 55th birthday. Tiers 3 & 5 — your 55th birthday. Tier 6 — … Your Vested Benefit Your vested retirement benefit is 1/60th (1.66 percent) of your FAS for each year of …
https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefitItems That May Affect Your Pension – En-Con Police Officers Plan
… Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/items-may-affect-your-pensionAvailable Options – En-Con Police Officers Plan
… or sooner, after retiring), nothing will be paid to any beneficiary. Cash Refund — Contributions (Option ½) … annuity savings contributions will be paid to your beneficiary or your estate. If all of your accumulated … the balance of the initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an …
https://www.osc.ny.gov/retirement/publications/1822/available-optionsLimitations – En-Con Police Officers Plan
… if: Your date of membership is before April 1, 1972; and Your FAS is based on the 36 months of earnings … immediately preceding your date of retirement. Tiers 2 and 3 If the earnings in any year included in the FAS period … vacation is not included in the calculation of your FAS, and the amount of overtime that can be included in …
https://www.osc.ny.gov/retirement/publications/1822/limitations