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About Your Membership – Regional State Park Police Plan
… 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/about-your-membershipMore About This Retirement Plan – Regional State Park Police Plan
… describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System members covered by the Regional … Retirement Plan. (There is no Tier 4 within the Police and Fire Retirement System.) These benefits are provided by … 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/more-about-retirement-planA Message From Comptroller Thomas P. DiNapoli – Regional State Park Police Plan
… any questions or suggestions you might have. Sincerely, Thomas P. DiNapoli State Comptroller …
https://www.osc.ny.gov/retirement/publications/1867/message-comptroller-thomas-p-dinapoliDivorce – Police and Fire Plan
… after the marriage has ended. This division must be stated in the form of a Domestic Relations Order (DRO) if we are to …
https://www.osc.ny.gov/retirement/publications/1512/divorceBorrowing Against Your Contributions – Police and Fire Plan
… loan balance at retirement. The approximate reductions are for calendar year 2017. The amount of the reduction changes … that causes your loan to exceed the federal limits for nontaxable loans. Exceeding these limits could result in significant tax consequences for you. You do not make the required payments on your loan …
https://www.osc.ny.gov/retirement/publications/1512/borrowing-against-your-contributionsRetiring Before Age 62 – Police and Fire Plan
… Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It is important to know that once you …
https://www.osc.ny.gov/retirement/publications/1512/retiring-age-62Regional State Park Police Plan – Regional State Park Police Plan
… 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/1867Contributing Toward Your Retirement – Police and Fire Plan
… 11 benefits, you are not required to contribute toward your retirement benefits, but may elect to make voluntary … Tier 5 member, you are required to contribute 3 percent of your reportable earnings toward your retirement benefits until you retire or have 32 years of …
https://www.osc.ny.gov/retirement/publications/1512/contributing-toward-your-retirementOrdinary Death Benefit – Regional State Park Police Plan
… of a monthly pension, if you meet eligibility requirements and your death is not attributable to an on-the-job accident. … to your designated beneficiary if you are a: Tier 1 member and have completed at least one year of service since last … joining the Retirement System; or Tier 2, 3, 5 or 6 member and have completed at least 90 days of service since last …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitAccidental Disability – Regional State Park Police Plan
… This benefit is only available to members who joined the Police and Fire Retirement System before September 1, 1997. Eligibility Regardless of the amount of service credit you may have, if you become … or hepatitis after contact with members of the public. Notice of Accident To be eligible for this benefit, you must …
https://www.osc.ny.gov/retirement/publications/1867/accidental-disabilityPerformance of Duty Disability – Regional State Park Police Plan
… if you are found permanently disabled as a result of the performance of your duties, regardless of the amount of … for this benefit, you must file an application for a performance of duty disability retirement benefit within one … not receive an annuity based on those contributions. The performance of duty disability benefit is not reduced by any …
https://www.osc.ny.gov/retirement/publications/1867/performance-duty-disabilityRegional State Park Police Disability (Section 363-e) – Regional State Park Police Plan
… five years of total service credit as a regional state park police officer in the New York State Office of Parks, … disability. If you have 25 or more years of regional state park police service, and are eligible for service retirement, … disability, performance of duty disability, regional state park police disability and regular service retirement …
https://www.osc.ny.gov/retirement/publications/1867/regional-state-park-police-disability-section-363-eOrdinary Disability – Regional State Park Police Plan
… the performance of duty and the regional state park police disability benefits are available. Eligibility If you are … of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this … If you are age 60 or older at the effective date of your disability retirement, your ordinary disability benefit would …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-disabilityDivorce – Regional State Park Police Plan
… to equitable distribution. "Equitable distribution" is the division of marital assets between spouses after the … to your ex-spouse. A DRO gives us specific direction on how your retirement benefits should be divided. However, it … designations made by retirees who chose the Single Life Allowance option or certain alternative options may also …
https://www.osc.ny.gov/retirement/publications/1867/divorceCost-of-Living Adjustment – Regional State Park Police Plan
… including age and number of years retired, your retirement benefit will permanently increase each year. This … Life Allowance, even if you selected a different option at retirement. You will begin receiving cost-of-living … 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 …
https://www.osc.ny.gov/retirement/publications/1867/cost-living-adjustmentBorrowing Against Your Contributions – Regional State Park Police Plan
… loan balance at retirement. The approximate reductions are for calendar year 2017. The amount of the reduction changes … that causes your loan to exceed the federal limits for nontaxable loans. Exceeding these limits could result in significant tax consequences for you. You do not make the required payments on your loan …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsIRS Pension Limitation – 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/irs-pension-limitationAvailable Options – Regional State Park Police Plan
… Single Life Allowance (Option 0) This is the basic retirement … benefit payment to you each month for the rest of your life. Under this selection, all payments cease upon your … same monthly amount you were receiving (without COLA) for life. If your beneficiary dies before you, all benefit …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsReceiving Your Benefit and Filing Your Option Election – Regional State Park Police Plan
… benefit paid. You can choose from several options, all of which will provide you with a monthly benefit for life. For example, you may elect the Single Life Allowance, which … beneficiary after your death. Filing Your Option Election You must file your Option Election form (unless …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-electionLimitations – Regional State Park Police Plan
… or later, the wages in any 12-month period used in the FAS calculation cannot exceed the earnings in the preceding … of 20 percent is excluded from the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be included in your FAS calculation if: Your date of membership is before April …
https://www.osc.ny.gov/retirement/publications/1867/limitations