Search

Ordinary Death Benefit – Regional State Park Police Plan

… Your beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if you meet eligibility requirements and your death is not attributable to an on-the-job accident. The … also payable to your beneficiary. Eligibility An ordinary death benefit may be payable to your designated beneficiary …

https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefit

Accidental Disability – Regional State Park Police Plan

… job as the natural and proximate result of an on-the-job accident not due to your own willful negligence, you may be … after contact with members of the public. Notice of Accident To be eligible for this benefit, you must file an … retirement benefit within one year following the alleged accident. Otherwise, you must have filed a written notice of …

https://www.osc.ny.gov/retirement/publications/1867/accidental-disability

Performance of Duty Disability – Regional State Park Police Plan

… September 1, 1980. The written notice must detail the time and place of the incident or occurrence, the particulars thereof, the nature and extent of your injuries, and the alleged incapacity. The Benefit If approved, the … State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a Covers pension …

https://www.osc.ny.gov/retirement/publications/1867/performance-duty-disability

Regional State Park Police Disability (Section 363-e) – Regional State Park Police Plan

… Eligibility You would be entitled to this disability benefit if, at the time of filing, you are: Under … your duties as the natural and proximate result of a disability sustained in service, not caused by your own … negligence, regardless of your years of service (for a disability not sustained in service, you must have at least …

https://www.osc.ny.gov/retirement/publications/1867/regional-state-park-police-disability-section-363-e

Ordinary Disability – Regional State Park Police Plan

… This benefit is available to you only if you joined the Police and Fire Retirement System before … park police disability benefits are available. Eligibility If you are unable to perform your duties because of permanent … for an ordinary disability retirement benefit. The Benefit If approved, this is a benefit equal to the greater of: …

https://www.osc.ny.gov/retirement/publications/1867/ordinary-disability

Divorce – Regional State Park Police Plan

… benefits should be divided. However, it does not allow for a distribution of your pension until you actually retire, … wishes. Effective July 7, 2008, beneficiary designations for certain benefits are revoked when a divorce, annulment or … otherwise. Beneficiary designations may be revoked for the Ordinary Death Benefit, Cash Refund Initial Value …

https://www.osc.ny.gov/retirement/publications/1867/divorce

Cost-of-Living Adjustment – Regional State Park Police Plan

… (COLAs) when you are: Age 62 or older and retired for five or more years; Age 55 or older and retired for ten or more years; or Receiving a disability pension for five or more years. When you die, if you selected an … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …

https://www.osc.ny.gov/retirement/publications/1867/cost-living-adjustment

Borrowing Against Your Contributions – Regional State Park Police Plan

… benefit will be permanently reduced . You cannot pay off your loan once you retire. The amount of your annuity … or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The …

https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributions

IRS Pension Limitation – Regional State Park Police Plan

… amount is set by federal law and is periodically adjusted for inflation. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …

https://www.osc.ny.gov/retirement/publications/1867/irs-pension-limitation

Available Options – Regional State Park Police Plan

… after retiring), nothing will be paid to any beneficiary. Cash Refund — Contributions (Option ½) (Available only to members with annuity savings contributions on deposit) This option … will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your …

https://www.osc.ny.gov/retirement/publications/1867/available-options

Receiving Your Benefit and Filing Your Option Election – Regional State Park Police Plan

… all of which will provide you with a monthly benefit for life. For example, you may elect the Single Life Allowance, which … may elect to receive a smaller monthly benefit to provide for a possible payment to a designated beneficiary after your … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …

https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-election

Limitations – Regional State Park Police Plan

… Tier 1 If your date of membership is June 17, 1971, or later, the wages in any … period by more than 20 percent. Any amount in excess of 20 percent is excluded from the computation of your FAS. … the Governor’s annual salary is excluded (please refer to our Overtime and Earnings Limits for Tier 6 page for more …

https://www.osc.ny.gov/retirement/publications/1867/limitations

Overview – Regional State Park Police Plan

… but is not limited to, the following types of payments. In some cases, certain restrictions may apply. Regular salary; Overtime earned in the period used in the FAS;* Holiday pay; Noncompensatory overtime earned for …

https://www.osc.ny.gov/retirement/publications/1867/overview

Performance of Duty Disability – Police and Fire Plan

… benefit if you are found permanently disabled as a result of the performance of your duties, regardless of the amount of service you may have. Notice of Occurrence … 5 and 6 members under Sections 375b and 375c Performance of Duty Disability …

https://www.osc.ny.gov/retirement/publications/1512/performance-duty-disability

Creditable Service – Regional State Park Police Plan

… other than those mentioned will count toward your vested, disability and death benefits but not toward your 25-year … 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits …

https://www.osc.ny.gov/retirement/publications/1867/creditable-service

Leaves of Absence – Regional State Park Police Plan

Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits

https://www.osc.ny.gov/retirement/publications/1867/leaves-absence

CUNY Bulletin No. CU-565

… Purpose To inform agencies of OSC’s automatic processing of the January 2017 Increments and provide agency instructions … for yearly increments to be processed in January for all eligible PSC employees. Effective Date(s) Institution Pay … review after the automatic payments have been processed. All reports will be sorted by agency code, then by employee …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-565-january-2017-city-university-new-york-cuny-increments

Divorce – Police and Fire Plan

… benefits should be divided. However, it does not allow for a distribution of your pension until you actually retire, … wishes. Effective July 7, 2008, beneficiary designations for certain benefits are revoked when a divorce, annulment or … specify otherwise. Beneficiary designations may be revoked for the Ordinary Death Benefit, Cash Refund Initial Value …

https://www.osc.ny.gov/retirement/publications/1512/divorce