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Vested Retirement Benefit – En-Con Police Officers Plan

… Eligibility You are eligible for a vested retirement benefit if you leave public … entitled to a retirement benefit based on your service and salary earned when you were an active member. 1 The date you … retirement benefit is 1/60th (1.66 percent) of your FAS for each year of credited service. The retirement benefit is …

https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefit

Items 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-pension

Available Options – En-Con Police Officers Plan

… This is the basic retirement benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … option will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your …

https://www.osc.ny.gov/retirement/publications/1822/available-options

Receiving 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 … may elect to receive a smaller monthly benefit to provide for a possible payment to a designated beneficiary after your …

https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-election

Limitations – En-Con Police Officers Plan

… date of membership is June 17, 1971, or later, the wages in any 12-month period used in the FAS calculation cannot exceed the earnings in the preceding 12-month period by more than 20 percent. Any …

https://www.osc.ny.gov/retirement/publications/1822/limitations

Overview – En-Con Police Officers Plan

… on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the … In some cases, certain restrictions may apply. Regular salary; Overtime earned in the period used in the FAS;* …

https://www.osc.ny.gov/retirement/publications/1822/overview

Vested Retirement Benefit – Police and Fire Plan

… Eligibility You are eligible for a vested retirement benefit if you leave public … entitled to a retirement benefit based on your service and salary earned when you were an active member. 1 The date you … your last public employment determine the vested benefit. For an explanation of your benefit, please refer to the …

https://www.osc.ny.gov/retirement/publications/1512/vested-retirement-benefit

Creditable Service – En-Con Police Officers Plan

… may also be creditable towards the 25 years required for service retirement eligibility. Service performed in … updated 8/14 … 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/creditable-service

About Your Membership – 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/about-your-membership

A Message From Comptroller Thomas P. DiNapoli – En-Con Police Officers Plan

… your beneficiary may receive if you die while working for a public employer or, if eligible, after you leave public … State Comptroller … 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/message-comptroller-thomas-p-dinapoli

En-Con Police Officers Plan – 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

Divorce – Non-Contributory Plan with Guaranteed Benefits

… benefits should be divided. However, it does not allow for a distribution of your pension until you actually retire, … wishes. Effective July 7, 2008, beneficiary designations for certain benefits are revoked when a divorce, annulment or … otherwise. Beneficiary designations may be revoked for the Ordinary Death Benefit, Cash Refund Initial Value …

https://www.osc.ny.gov/retirement/publications/1513/divorce

Retiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits

… NonContributory Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Section …

https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62

Eligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits

… with a reduced benefit between ages 55 and 62. 1 For all tiers, if you recently changed employers, you may be … the benefits of this plan. Regardless of tier, if you work for an employer that offers a special plan, (that allows … a pension equal to: 1/60th (1.66 percent) of your FAS for each year of service credit earned on or after April 1, …

https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filing

Leaves of Absence – En-Con Police Officers Plan

… Tier 1 members receive full credit for sick leave at half pay; Tier 2, 3, 5 and 6 members receive half credit for sick leave at half pay. Since service is usually not credited for any period of time you do not receive a salary, credit is not given for: Leaves of absence without …

https://www.osc.ny.gov/retirement/publications/1822/leaves-absence

Full- and Part-Time Service Credit – En-Con Police Officers Plan

… Part-Time Employment Service credit may be prorated for Tier 1 members employed on a less than full-time basis. … the lesser of: number of days worked ÷ 260 days or annual salary reported ÷ (State’s hourly minimum wage × 2,000) Employers report days worked and salary to us. … EnCon Police Officers Plan information for …

https://www.osc.ny.gov/retirement/publications/1822/full-and-part-time-service-credit

Service Credit – 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/service-credit

Ending Your Membership – En-Con Police Officers Plan

… service and seven years have elapsed since you last worked for a participating public employer; 1 If you are not vested, … 1 Updated 10/22 … 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/ending-your-membership