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Retirement System Membership – Coordinated Plan For ERS Tier 5 Members
… Plan information for ERS Tier 5 members under Article 15 Retirement System Membership …
https://www.osc.ny.gov/retirement/publications/1523/retirement-system-membershipArticle 15 Disability – Coordinated Plan For ERS Tier 5 Members
… … Coordinated Plan information for ERS Tier 5 members under Article 15 Article 15 Disability …
https://www.osc.ny.gov/retirement/publications/1523/article-15-disabilityIRS Pension Limitation – Coordinated Plan For ERS Tier 5 Members
… … Coordinated Plan information for ERS Tier 5 members under Article 15 IRS Pension Limitation …
https://www.osc.ny.gov/retirement/publications/1523/irs-pension-limitationVested Retirement Benefit – Coordinated Plan For ERS Tier 5 Members
… information for ERS Tier 5 members under Article 15 Vested Retirement Benefit …
https://www.osc.ny.gov/retirement/publications/1523/vested-retirement-benefitDivorce – Article 14 Benefits
… The New York State Court of Appeals has determined that retirement benefits are … distribution. Equitable distribution is the division of marital assets between spouses after the marriage has ended. This division must be stated in the form of a Domestic Relations Order (DRO) if we are to pay a …
https://www.osc.ny.gov/retirement/publications/1644/divorceCost-of-Living Adjustment – Article 14 Benefits
… adjustment, your benefit will include either the COLA or escalation (if eligible), whichever adjustment provides the …
https://www.osc.ny.gov/retirement/publications/1644/cost-living-adjustmentChallenging a Determination – Article 14 Benefits
… requirements established by law. If you believe that your benefit has been incorrectly denied or improperly … with the Hearing Administration Bureau within four months of the determination date. We will send you an acknowledgment … … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/challenging-determinationMore About This Retirement Plan – Article 14 Benefits
… New York State or federal law. For specific information about your benefits, please contact us . © 2011, New York …
https://www.osc.ny.gov/retirement/publications/1644/more-about-retirement-planAccidental Disability – Article 14 Benefits
… benefit is also subject to full escalation. Learn more about escalation. Filing You, your employer, or someone …
https://www.osc.ny.gov/retirement/publications/1644/accidental-disabilityOrdinary Disability – Article 14 Benefits
… disability benefits. The benefit is also subject to full escalation. Learn more about escalation. Filing You, your employer, or someone authorized …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-disabilityAccidental Death Benefit – Article 14 Benefits
… Learn more about escalation. ) The benefit is paid to your beneficiaries, in this order: To your surviving spouse, … age 21. The benefit will be divided equally among the beneficiaries in any one category if you have more than one … will be paid to the last eligible beneficiary or beneficiaries. If none exists, the benefit will be paid to …
https://www.osc.ny.gov/retirement/publications/1644/accidental-death-benefitOut-of-Service Death Benefit – Article 14 Benefits
… with at least ten years of credited service, have not retired and you die more than one year after leaving public … forms to your beneficiary. … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/out-service-death-benefitAvailable Options – Article 14 Benefits
… your death. Pop-Up/Joint Allowance — Full or Half* These options will provide you with a reduced monthly benefit for … your death. Five Year Certain and Ten Year Certain These options will provide you with a reduced monthly benefit for … or she will be eligible for 50 percent of your COLA or the escalation adjustment (if applicable), whichever provides the …
https://www.osc.ny.gov/retirement/publications/1644/available-optionsReceiving Your Benefit and Filing Your Option Election – Article 14 Benefits
… to a designated beneficiary after your death. Filing Your Option Election You must file your Option Election form (unless notified otherwise, as in the … If you are a disability retiree, you may change your option selection up to 30 days after your disability …
https://www.osc.ny.gov/retirement/publications/1644/receiving-your-benefit-and-filing-your-option-electionSocial Security Adjustment – Article 14 Benefits
… Beginning at age 62, your pension will be reduced by one-half (50 percent) of the primary Social Security benefit — regardless of whether you are actually …
https://www.osc.ny.gov/retirement/publications/1644/social-security-adjustmentEscalation – Article 14 Benefits
… Escalation is the annual increase or decrease of a benefit, … benefits can be eligible for either full or partial escalation. If a benefit is eligible for full escalation, it will increase or decrease each April at a rate …
https://www.osc.ny.gov/retirement/publications/1644/escalationRetirement at Age 62 With Less Than 20 Years of Service – Article 14 Benefits
… $22,680 − $6,000 = $16,680 Total Annual Benefit — No Escalation Filing Your Application for Service Retirement …
https://www.osc.ny.gov/retirement/publications/1644/retirement-age-62-less-20-years-serviceEarly Retirement – Article 14 Benefits
… benefit. This retirement benefit is not eligible for escalation. Example: Retiring with 21 years of credited … $27,600 − $6,000 = $21,600 Total Annual Benefit — No Escalation Filing Your Application for Service Retirement …
https://www.osc.ny.gov/retirement/publications/1644/early-retirementNormal Retirement – Article 14 Benefits
… benefit. Your retirement benefit may be eligible for escalation — the annual increase or decrease of a benefit, … cost-of-living index. Some benefits are eligible for full escalation, while others are eligible for partial escalation. If you retire with at least 22 years and 1 month …
https://www.osc.ny.gov/retirement/publications/1644/normal-retirementEnding Your Membership – Article 14 Benefits
… than ten years of service credit, leave public employment for at least 15 days and voluntarily withdraw your … system; Retire; or Die. … Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/ending-your-membership