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Stay Informed – Career Plan

Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by Article 11 Sections 375h and 375i How to Stay Informed

https://www.osc.ny.gov/retirement/publications/1642/stay-informed

Borrowing Against Your Contributions – Career Plan

… your contributions: You must be in active service and have one year of member service credit. You repay each … loan through payroll deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after issuance, loans are fully …

https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributions

Borrowing Against Your Contributions – Regional State Park Police Plan

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

Partial Lump Sum Payment – Regional State Park Police Plan

… retirement benefit in exchange for a one-time lump sum payment. The lump sum payment is made when your retirement benefit is finalized. … Eligibility To be eligible to choose a partial lump sum payment (PLS), you must: Retire under a special 20- or …

https://www.osc.ny.gov/retirement/publications/1867/partial-lump-sum-payment

Vested Retirement Benefit – Regional State Park Police Plan

… Eligibility You are eligible for a vested retirement benefit if you leave public employment … 5 — your 55th birthday. Tier 6 — your 63rd birthday. Your Vested Benefit Your vested benefit is 1/60th (1.66 percent) of your FAS for each …

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

About Benefit Reductions

… Benefit Reduction for Early Retirement Members in regular retirement plans can retire with full … as age 55 with a reduction for early retirement.* *Tier 1 members can retire at age 55 without a benefit reduction. … turn 62 (63 for Employees’ Retirement System (ERS) Tier 6 members and Police and Fire Retirement System (PFRS) Tier 6 …

https://www.osc.ny.gov/retirement/members/about-benefit-reductions

Death Benefits

… limitations may also apply. PFRS Tiers 2, 3, 5 and 6 in special 20- or 25-year plans Three times your last year’s … reduced below the amount initially paid. (Return to Top) Special Accidental Death Benefit If you are a PFRS Tier 1, 2, … that permit payment of an accidental death benefit, a special accidental death benefit may also be payable. (Return …

https://www.osc.ny.gov/retirement/members/death-benefits

Opinion 89-22

… to install traffic signals) TOWN LAW, §64(16); VEHICLE AND TRAFFIC LAW, §§1651, 1652-a, 1652-b, 1660, 1682, … traffic by means of "traffic-control signals" (see Vehicle and Traffic Law, §154) on highways outside of … which are not State highways maintained by the State (see Vehicle and Traffic Law, §§1660[a][5], 1684). Towns are also …

https://www.osc.ny.gov/legal-opinions/opinion-89-22

Assessable Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety Responsibility Act for the State Fiscal Year Ended March 31, 2024

… Objective To ascertain the total expenses incurred in administering the … Vehicle Safety Responsibility Act (collectively, Acts) for the State Fiscal Year ended March 31, 2024. About the … adequate insurance coverage, or are financially secure, to compensate those persons they might injure or whose …

https://www.osc.ny.gov/state-agencies/audits/2025/02/25/assessable-expenses-administering-motor-vehicle-financial-security-act-and-motor-vehicle

Assessable Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety Responsibility Act for the State Fiscal Year Ended March 31, 2022

… Objective To ascertain the total expenses incurred in administering the … Vehicle Safety Responsibility Act (collectively, Acts) for the State Fiscal Year ended March 31, 2022. About the … adequate insurance coverage, or are financially secure, to compensate those persons they might injure or whose …

https://www.osc.ny.gov/state-agencies/audits/2022/11/16/assessable-expenses-administering-motor-vehicle-financial-security-act-and-motor-vehicle

Assessable Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety Responsibility Act for the State Fiscal Year Ended March 31, 2023

… or whose property they might damage as a result of an accident. According to Vehicle and Traffic Law, the … of administering the Acts and assessing these expenses on insurance carriers that issue policies or contracts of …

https://www.osc.ny.gov/state-agencies/audits/2024/01/26/assessable-expenses-administering-motor-vehicle-financial-security-act-and-motor-vehicle

Assessable Expenses of Administering the Motor Vehicle Financial Security Act and Motor Vehicle Safety Responsibility Act for the Four State Fiscal Years Ended March 31, 2018

… or whose property they might damage as a result of an accident. According to Vehicle and Traffic Law, the … of administering the Acts, and assessing these expenses on insurance carriers that issue policies or contracts of … Acts for the four State Fiscal Years ended March 31, 2018. On average, the Department incurred $20.4 million in expenses …

https://www.osc.ny.gov/state-agencies/audits/2019/09/11/assessable-expenses-administering-motor-vehicle-financial-security-act-and-motor-vehicle

Assessable Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety Responsibility Act for the State Fiscal Year Ended March 31, 2025

https://www.osc.ny.gov/state-agencies/audits/2026/07/15/assessable-expenses-administering-motor-vehicle-financial-security-act-and-motor-vehicle

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