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Receiving Your Benefit and Filing Your Option Election – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members
NonContributory Plan with Guaranteed Benefits for ERS Tier 2 members under Sections 75d and 75e Receiving Your Benefit and Filing Your Option Election
https://www.osc.ny.gov/retirement/publications/1507/receiving-your-benefit-and-filing-your-option-electionChallenging a Determination – Special 20- and 25-Year Plans
… Tier 2 3 Article 11 5 and 6 members under Sections 384 384d and 384e Challenging a Determination …
https://www.osc.ny.gov/retirement/publications/1517/challenging-determinationAccidental Disability – Special 20- and 25-Year Plans
… perform your job as the natural and proximate result of an on-the-job accident not due to your own willful negligence, … We determine whether an incident is an “accident” on a case-by-case basis, using court decisions for guidance. … the accidental disability retirement benefit is a lifetime pension. The benefit is equal to 75 percent of your FAE, plus …
https://www.osc.ny.gov/retirement/publications/1517/accidental-disabilityRetiring Before Age 62 – Career Plan
… with a reduced benefit, the reduction is permanent — it does not end when you turn 62. …
https://www.osc.ny.gov/retirement/publications/1642/retiring-age-62Tier 2, 3, 5 and 6 Death Benefits – Career Plan
… benefits. If you chose death benefit one and you die while in active service, your beneficiary will be paid the greater … be covered by death benefit two, the greater benefit in almost all cases. Death benefit two is equal to your … by Section 130 of the Civil Service Law. If you are in service at age 61, your death benefit will be reduced by 3 …
https://www.osc.ny.gov/retirement/publications/1642/tier-2-3-5-and-6-death-benefitsPerformance of Duty Disability – Career Plan
… The application must be filed while you are still in service or within two years of your discontinuance from service. When filing for this benefit, “in service” is defined as while you are: Being paid on the …
https://www.osc.ny.gov/retirement/publications/1642/performance-duty-disabilityReceiving Your Benefit and Filing Your Option Election – Career 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, … as in the case of disability retirement) before the first day of the month following your retirement date. You have up …
https://www.osc.ny.gov/retirement/publications/1642/receiving-your-benefit-and-filing-your-option-electionYour Membership Tier – Special 20- and 25-Year Plans
… Tier 2 3 Article 11 5 and 6 members under Sections 384 384d and 384e Tier Status …
https://www.osc.ny.gov/retirement/publications/1517/your-membership-tierVested Retirement Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… and salary earned when you were an active member. 1 Tier 1 members under the alternative age 55 plan may receive their full vested benefits at age 55. Tier 2, 3 and 5 members under this plan may receive their … retirement, between ages 55 and 62, with reduced benefits. Tier 1 members under the age 60 plan may receive their full …
https://www.osc.ny.gov/retirement/publications/1511/vested-retirement-benefitTier 2, 3, 5 and 6 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… benefits. If you chose death benefit one and you die while in active service, your beneficiary will be paid the greater … be covered by death benefit two, the greater benefit in almost all cases. Death benefit two is equal to your … by Section 130 of the Civil Service Law. If you are in service at age 61, your death benefit will be reduced by 3 …
https://www.osc.ny.gov/retirement/publications/1511/tier-2-3-5-and-6-death-benefitsOrdinary Disability (Section 362) – Basic Plan with Increased-Take-Home-Pay (ITHP)
… duties because of permanent physical or mental incapacity, and have ten or more years of service credit, you may be … you have made. The mandatory contributions made by Tier 5 and 6 members are not annuity savings contributions, and Tier 5 and 6 members would not receive an annuity based …
https://www.osc.ny.gov/retirement/publications/1511/ordinary-disability-section-362Borrowing Against Your Contributions – Basic Plan with Increased-Take-Home-Pay (ITHP)
… requirements, you may take a loan from NYSLRS. Tier 1 and 2 Members The following rules apply when borrowing … against your contributions: You must be in active service and have one year of member service credit. You repay each … deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once in …
https://www.osc.ny.gov/retirement/publications/1511/borrowing-against-your-contributionsEnding Your Membership – Basic Plan with Increased-Take-Home-Pay (ITHP)
… an officer or employee with an employer that participates in the New York State and Local Retirement System. 1 …
https://www.osc.ny.gov/retirement/publications/1511/ending-your-membershipContributing Toward Your Retirement – Basic Plan with Increased-Take-Home-Pay (ITHP)
… You are required to contribute toward your retirement. Tier 1, 2 and 3 Members If your employer has adopted Section 370-a, your contribution … Increased TakeHome Pay for PFRS Tier 1 2 3 Article 11 5 and 6 under Sections 370a 371a and 375 Contributing Toward Your Retirement …
https://www.osc.ny.gov/retirement/publications/1511/contributing-toward-your-retirementTier Status – Basic Plan with Increased-Take-Home-Pay (ITHP)
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: … July 1, 2009 through January 8, 2010 and did not elect to be covered by Article 22 (i.e., did not opt into Tier 5) …
https://www.osc.ny.gov/retirement/publications/1511/tier-statusStay Informed – Special 20- and 25-Year Plans
… are an important part of a solid financial plan. They can help you and your beneficiaries achieve financial … Online instead of mailing forms or calling NYSLRS. Members can view benefit information, update contact information, …
https://www.osc.ny.gov/retirement/publications/1517/stay-informedStay Informed – Career Plan
… retirement news. Like us on Facebook and follow us on Twitter for quick tips and updates on a variety of retirement …
https://www.osc.ny.gov/retirement/publications/1642/stay-informedComptroller DiNapoli Releases State Audits
… (2013-S-28) The New York State Health Insurance Program (NYSHIP) provides health coverage to active and retired state, …
https://www.osc.ny.gov/press/releases/2014/02/comptroller-dinapoli-releases-state-auditsDiNapoli: Former Pulaski Assistant Village Clerk Charged in Theft of Fees
… was arrested last week for allegedly pocketing $5,300 in village fees, including the "weekend loans" she took and … 34, of Sandy Creek, was charged with grand larceny in the third degree and corrupting the government in the third degree. The alleged thefts, which began in 2017, …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-former-pulaski-assistant-village-clerk-charged-theft-feesTier 3 — Accidental Death Benefit – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
Sheriffs Undersheriffs Deputy Sheriffs Special Plan for ERS Tier 36 Article 14B Sections 551 552 553 Tier 3 Accidental Death Benefit Article 14
https://www.osc.ny.gov/retirement/publications/1841/tier-3-accidental-death-benefit