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Performance of Duty Disability – Regional State Park Police Plan
… service you may have. Notice of Occurrence To be eligible for this benefit, you must file an application for a performance of duty disability retirement benefit … be eligible to receive. You must also select an option for the payment of your disability benefits . Filing You, …
https://www.osc.ny.gov/retirement/publications/1867/performance-duty-disabilityRegional State Park Police Disability (Section 363-e) – Regional State Park Police Plan
… willful negligence, regardless of your years of service (for a disability not sustained in service, you must have at … and Social Security disability cannot exceed your final salary. The portion of your pension which exceeds your final salary will be suspended until the combined benefits are less …
https://www.osc.ny.gov/retirement/publications/1867/regional-state-park-police-disability-section-363-eOrdinary Disability – Regional State Park Police Plan
… 1, 1997 only the performance of duty and the regional state park police disability benefits are available. … from employment while receiving those benefits. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-disabilityDivorce – 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/divorceCost-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 …
https://www.osc.ny.gov/retirement/publications/1867/cost-living-adjustmentBorrowing Against Your Contributions – Regional State Park Police Plan
… payment goes down. With a refinanced loan , you add the new loan amount to your existing balance and refinance the … service representative. Page updated 1/18 … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsIRS 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-limitationAvailable Options – Regional State Park Police Plan
… 50 percent of your COLA. Learn more about COLA. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsReceiving Your Benefit and Filing Your Option Election – Regional State Park Police Plan
… ½), with your estate named as beneficiary. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-electionLimitations – Regional State Park Police Plan
… to 15 percent of your salary in any given year. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/limitationsOverview – Regional State Park Police Plan
… 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 … In some cases, certain restrictions may apply. Regular salary; Overtime earned in the period used in the FAS;* …
https://www.osc.ny.gov/retirement/publications/1867/overviewPerformance of Duty Disability – Police and Fire Plan
… retirement benefit within one year following the alleged incident or occurrence. Otherwise, you must have filed a written notice of the incident or occurrence with: The Retirement System within 90 days of the incident or occurrence; or Your employer within 30 days of …
https://www.osc.ny.gov/retirement/publications/1512/performance-duty-disabilityCreditable Service – Regional State Park Police Plan
… military service or service you earned as an officer of the New York State Police may also be creditable toward …
https://www.osc.ny.gov/retirement/publications/1867/creditable-serviceLeaves of Absence – Regional State Park Police Plan
… for time spent on Workers’ Compensation leave. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/leaves-absenceDivorce – Police and Fire Plan
… The New York State Court of Appeals has determined that retirement benefits are marital property and subject to … ex-spouse. A DRO gives us specific direction on how your retirement benefits should be divided. However, it does not …
https://www.osc.ny.gov/retirement/publications/1512/divorceBorrowing Against Your Contributions – Police and Fire Plan
… If you meet eligibility requirements, you may take a loan from NYSLRS. Tier 1 and 2 Members The following rules … service retirement benefit will be permanently reduced by an outstanding loan balance at retirement. The approximate … you determine if refinancing your current loan or carrying multiple loans would be better for you. With multiple loans , …
https://www.osc.ny.gov/retirement/publications/1512/borrowing-against-your-contributionsRetiring Before Age 62 – Police and Fire Plan
… The percentage of the benefit reduction is prorated based on your exact age at retirement. Age at Retirement Percentage … the reduction is permanent — it does not end when you turn 62. … Police and Fire Plan information for PFRS Tier 1 2 …
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
… an annuity when you retire. There will be some exceptions. For example, PFRS members covered by a collective bargaining … to contribute a specific percentage of your annual salary, as shown below, until you retire or have 32 years of … 5.75% More than $100,000 6% There will be some exceptions. For example, PFRS members covered by a collective bargaining …
https://www.osc.ny.gov/retirement/publications/1512/contributing-toward-your-retirementStay Informed – Police and Fire Plan
… achieve financial security in retirement or in the event of disability or death. Use these tips to help you … . Attend a pre-retirement presentation to learn about the retirement process and discuss post-retirement issues. At … to retire. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your …
https://www.osc.ny.gov/retirement/publications/1512/stay-informed