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Death Benefits
… earnings are limited by Section 130 of the Civil Service Law. Certain other earnings limitations may also apply. ERS … 11 benefits, and you die under circumstances that permit payment of an accidental death benefit, a special accidental … State employees supplements the ordinary death benefit payment from your retirement system if that payment is less …
https://www.osc.ny.gov/retirement/members/death-benefitsVested Retirement Benefit – New Career Plan
… age, you will be entitled to a retirement benefit based on your service and salary earned when you were an active … member. 1 The date you are eligible to retire depends on your tier. Tier 1 Full vested benefit as early as the first of the month following your 55th birthday. Tier 2, 3 and 5 Full vested benefit at …
https://www.osc.ny.gov/retirement/publications/1515/vested-retirement-benefitVested Retirement Benefit – Police and Fire Plan
… age, you will be entitled to a retirement benefit based on your service and salary earned when you were an active … member. 1 The date you are eligible to retire depends on your tier. Tier 1 Full vested benefit as early as the first of the month following your 55th birthday. Tiers 2, 3 and 5 Full vested benefit at …
https://www.osc.ny.gov/retirement/publications/1512/vested-retirement-benefitPower of Attorney
… will be reviewed in accordance with the laws in effect at the time the POA was executed. For example, for Statutory … Albany, NY 12244-0001 You can revoke or terminate your POA at any time for any reason by mailing a signed letter to the …
https://www.osc.ny.gov/retirement/members/power-attorneyHow to Search & Claim Property
… If you’re a current or former resident of New York, you may have lost money waiting to be claimed. All claims can … minutes, and most are paid within 30 days. We will contact you if any documentation is needed to prove your claim. To … If youre a current or former resident of New York you may have lost money waiting to be claimed …
https://www.osc.ny.gov/unclaimed-funds/claimants/how-search-claim-propertyDivorce – Special 20- and 25-Year Plans
… decree. NYSLRS offers an easy-to-complete, online DRO template . You don’t have to use the template, but because the review process is simplified for submissions using the DRO template, we can complete our review faster if you use it. If …
https://www.osc.ny.gov/retirement/publications/1517/divorceState Comptroller DiNapoli Releases School Audits
… . State Comptroller DiNapoli has made it a priority to audit school district, BOCES and charter school finances and operations to ensure money is being spent appropriately and effectively. The Comptroller’s audits are designed to help schools improve their financial management practices …
https://www.osc.ny.gov/press/releases/2016/09/state-comptroller-dinapoli-releases-school-audits-0Wall Street Bonuses and Profits Decline in 2015
… The average bonus paid in New York City’s security industry declined by 9 percent to … 10.5 percent, according to an estimate released today by New York State Comptroller Thomas P. DiNapoli. “Wall Street … that pre-tax profits for the broker/dealer operations of New York Stock Exchange (NYSE) member firms—the traditional …
https://www.osc.ny.gov/press/releases/2016/03/wall-street-bonuses-and-profits-decline-2015Cost-Saving Ideas: Managing Workers' Compensation Costs
… Review vendor and self-insured options and costs at regular intervals. If your experience rating and other factors are good, you may find comparable coverage at a lower cost. Self-insured counties may offer workers' …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-managing-workers-compensation-costsMembership Milestones for Employees’ Retirement System (ERS) Members
… maximum of 30 years of service credit can be used in your pension calculation. After Retirement: After you retire and … maximum of 30 years of service credit can be used in your pension calculation. After Retirement: After you retire and …
https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-membersOpinion 2008-6
… department results in an increased amount because the daily rate divisor and, therefore, hourly rate divisor used … the police commissioner is entitled to a corresponding benefit. The daily rate divisor and, consequently, hourly rate divisor …
https://www.osc.ny.gov/legal-opinions/opinion-2008-6Accidental Death Benefit – New Career Plan
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate … The Benefit The accidental death benefit is a lifetime pension if paid to a surviving spouse or dependent parent. …
https://www.osc.ny.gov/retirement/publications/1515/accidental-death-benefitAccidental Death Benefit – Career Plan
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate … The Benefit The accidental death benefit is a lifetime pension if paid to a surviving spouse or dependent parent. …
https://www.osc.ny.gov/retirement/publications/1642/accidental-death-benefitAccidental Death Benefit – Forest Rangers Plan
… in this order: First, to your surviving spouse, for life; Second, where there is no surviving spouse or in … surviving spouse or minor children, to a dependent parent for life. If all the beneficiaries listed above become ineligible for benefit payments, and the payments made to that time do …
https://www.osc.ny.gov/retirement/publications/1864/accidental-death-benefitAccidental Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate … The Benefit The accidental death benefit is a lifetime pension if paid to a surviving spouse or dependent parent. …
https://www.osc.ny.gov/retirement/publications/1513/accidental-death-benefitAccidental Death Benefit – State University Police Plan
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate … The Benefit The accidental death benefit is a lifetime pension if paid to a surviving spouse or dependent parent. …
https://www.osc.ny.gov/retirement/publications/1823/accidental-death-benefitAccidental Death Benefit – En-Con Police Officers Plan
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate result of an on-the-job … to your designated beneficiary or to your estate. If you have no beneficiaries as listed above, we will not pay … can forward the appropriate forms to your beneficiary. If you die on or after January 1, 2020, the application for the …
https://www.osc.ny.gov/retirement/publications/1822/accidental-death-benefitAccidental Death Benefit – Police and Fire Plan
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate result of an on-the-job … to your designated beneficiary or to your estate. If you have no beneficiaries as listed above, we will not pay … can forward the appropriate forms to your beneficiary. If you die on or after January 1, 2020, the application for the …
https://www.osc.ny.gov/retirement/publications/1512/accidental-death-benefitAccidental Death Benefit – Regional State Park Police Plan
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate result of an on-the-job … to your designated beneficiary or to your estate. If you have no beneficiaries as listed above, we will not pay … can forward the appropriate forms to your beneficiary. If you die on or after January 1, 2020, the application for the …
https://www.osc.ny.gov/retirement/publications/1867/accidental-death-benefitAccidental Death Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate result of an on-the-job … to your designated beneficiary or to your estate. If you have no beneficiaries as listed above, we will not pay … can forward the appropriate forms to your beneficiary. If you die on or after January 1, 2020, the application for the …
https://www.osc.ny.gov/retirement/publications/1511/accidental-death-benefit