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Ending Your Membership – Career Plan
… Once you join, there are five ways your membership can end: If you do not have at least five years of credited service and seven years have elapsed since you last worked for a participating public employer; 1 If you …
https://www.osc.ny.gov/retirement/publications/1642/ending-your-membershipDivorce – En-Con Police Officers Plan
… Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific direction … However, it does not allow for a distribution of your pension until you actually retire, die or terminate … may also be revoked. For more information on how your pension benefits may be affected by divorce, consult your …
https://www.osc.ny.gov/retirement/publications/1822/divorceCost-of-Living Adjustment – En-Con Police Officers Plan
… cost-of-living adjustments (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 …
https://www.osc.ny.gov/retirement/publications/1822/cost-living-adjustmentBorrowing Against Your Contributions – En-Con Police Officers Plan
… 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 … compensation (457) or tax-sheltered annuity (403-b) plan through your current employer that causes your loan to …
https://www.osc.ny.gov/retirement/publications/1822/borrowing-against-your-contributionsIRS Pension Limitation – En-Con Police Officers Plan
… 1, 2012) in the State’s fiscal year (April 1st – March 31st). The amount is set by federal law and is periodically …
https://www.osc.ny.gov/retirement/publications/1822/irs-pension-limitationChallenging a Determination – En-Con Police Officers Plan
… 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/challenging-determinationSpecial Accidental Death Benefit – En-Con Police Officers Plan
… accidental death benefit is a pension equal to your salary reduced by: The accidental death benefit without … reductions; and The Social Security benefit payable. The salary used to compute the special accidental death benefit … salary that would have been payable to a police superior officer or a fire officer. …
https://www.osc.ny.gov/retirement/publications/1822/special-accidental-death-benefitAccidental Death Benefit – En-Con Police Officers Plan
… not due to your own willful negligence, an accidental death benefit may be payable on your behalf. The Benefit The accidental death benefit is a lifetime pension if paid to a surviving … Compensation benefit paid or payable because of your death). Any accumulated contributions will be refunded to …
https://www.osc.ny.gov/retirement/publications/1822/accidental-death-benefitAlternative and Out-of-Service Death Benefits – En-Con Police Officers Plan
… as of the date of your death. A comparison will be made and the greater benefit will be paid. Out-of-Service Death … at least ten years of credited service, have not retired and you die more than one year after leaving public … Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension …
https://www.osc.ny.gov/retirement/publications/1822/alternative-and-out-service-death-benefitsOrdinary Death Benefit – En-Con Police Officers Plan
… Your beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if you meet eligibility requirements and your death is not attributable to an on-the-job accident. The … also payable to your beneficiary. Eligibility An ordinary death benefit may be payable to your designated beneficiary …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-death-benefitStay Informed – Non-Contributory Plan with Guaranteed Benefits
… Your retirement benefits are an important part of a solid … , and get tips on preparing for retirement . Attend a pre-retirement presentation to learn about the retirement … NYSLRS news and information dedicated to pre-retirement planning. Read your member newsletter, The Sentinel , for …
https://www.osc.ny.gov/retirement/publications/1513/stay-informedAccidental Disability – En-Con Police Officers Plan
… Retirement System before September 1, 1997. Regardless of the amount of service credit you may have, if you become permanently … to perform your job as the natural and proximate result of an on-the-job accident that was not due to your own … EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension …
https://www.osc.ny.gov/retirement/publications/1822/accidental-disabilityPerformance of Duty Disability – En-Con Police Officers Plan
… Laws of 2016). If you are applying for disability benefits due to heart disease, your application must be filed while … an option for the payment of your disability benefits . Filing You, your employer or someone authorized with your … absence for up to two years (which may be extended for an additional two years); or Receiving Workers’ Compensation or …
https://www.osc.ny.gov/retirement/publications/1822/performance-duty-disabilityEn-Con Police Disability – En-Con Police Officers Plan
… Eligibility You would be entitled to this disability benefit if, at the time of filing, you are: Under age 60. Physically or mentally unable to perform your duties as the natural and proximate result of … (For a disability not sustained in service, you must have at least five years of total service credit as a police …
https://www.osc.ny.gov/retirement/publications/1822/en-con-police-disabilityOrdinary Disability – En-Con Police Officers Plan
… This benefit is available to you only if you last joined the Police and Fire Retirement … of duty and the En-Con police disability benefits are available. Eligibility If you are unable to perform your … be submitted while you are in service or within 90 days from the date you: Are last paid on the payroll; Are last on …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-disabilityVested Retirement Benefit – En-Con Police Officers Plan
… benefit at the earliest possible date, file a retirement application within 90 days before you become eligible. If we receive your retirement application after you become eligible, your vested retirement will be effective on the date the application is received. Remember, it is up to you to file a …
https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefitItems That May Affect Your Pension – En-Con Police Officers Plan
… EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b …
https://www.osc.ny.gov/retirement/publications/1822/items-may-affect-your-pensionAvailable Options – En-Con Police Officers Plan
… the same monthly amount you were receiving (without COLA) for life. If your beneficiary dies before you, all … to one-half of the amount you were receiving (without COLA) for life. If your beneficiary dies before you, all … the same monthly amount or one-half that amount (without COLA), depending on which option you elect, to your …
https://www.osc.ny.gov/retirement/publications/1822/available-optionsReceiving Your Benefit and Filing Your Option Election – En-Con Police Officers Plan
… all of which will provide you with a monthly benefit for life. For example, you may elect the Single Life Allowance, which … lifetime, with nothing payable to a beneficiary upon your death. Or, you may elect to receive a smaller monthly benefit … EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b …
https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-electionLimitations – En-Con Police Officers Plan
… Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/limitations