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Vested Retirement Benefit – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/vested-retirement-benefitItems That May Affect Your Pension – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/items-may-affect-your-pensionChoosing a Payment Option – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/choosing-payment-optionService Retirement Benefits – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/service-retirement-benefitsFinal Average Salary – Article 14 Benefits
… Your pension is based on your years of credited service and your final average salary (FAS). FAS is the average of the wages you earned during any 36 consecutive months of service when your earnings were highest. This is usually …
https://www.osc.ny.gov/retirement/publications/1644/final-average-salaryService Credit – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/service-creditAbout Your Membership – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/about-your-membershipA Message From Comptroller Thomas P. DiNapoli – Article 14 Benefits
… As a member of the Retirement System, you are covered by a plan that … important benefits. This presentation explains some of those benefits and the services available to you as a member of our system, including: Benefits you will receive at …
https://www.osc.ny.gov/retirement/publications/1644/message-comptroller-thomas-p-dinapoliAvailable Options – Article 14 Benefits
… Single Life Allowance (Option 0) This is the basic retirement benefit. It provides for the maximum … payments cease upon your death. When you die (even if it is only one year, or sooner, after retiring), nothing will be … you with a reduced monthly benefit for your lifetime, and is based on your birth date and that of your beneficiary. …
https://www.osc.ny.gov/retirement/publications/1644/available-optionsSocial Security Adjustment – Article 14 Benefits
… from Social Security. The primary Social Security benefit is the part of your Social Security benefit based on public employment in New York State. It is determined using your wages for service with a public …
https://www.osc.ny.gov/retirement/publications/1644/social-security-adjustmentEscalation – Article 14 Benefits
… or decrease of a benefit, based on the cost-of-living index. Service retirement benefits can be eligible for either … equal to the increase or decrease in the cost-of-living index or 3 percent, whichever is less. However, a benefit …
https://www.osc.ny.gov/retirement/publications/1644/escalationAdditional Service Credit for Sick Leave (Section 341[j]) – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension disability …
https://www.osc.ny.gov/retirement/publications/1644/additional-service-credit-sick-leave-section-341jApplying for Previous or Military Service Credit – Article 14 Benefits
… Requesting credit for your previous public employment as early in your career as possible ensures that: If there is a … of the cost after you leave the payroll, you must make payment within 30 days of notification. NOTE: If your …
https://www.osc.ny.gov/retirement/publications/1644/applying-previous-or-military-service-creditPayment for Service Credit – Article 14 Benefits
… by Article 14, you will usually be required to pay for service currently not credited to you. There are two kinds of past service costs — mandatory and optional. Mandatory costs are required for service credit you earned as a member but for which you made …
https://www.osc.ny.gov/retirement/publications/1644/payment-service-creditEnding Your Membership – Article 14 Benefits
… as an officer or employee of an employer that participates in the New York State and Local Retirement System; Have less …
https://www.osc.ny.gov/retirement/publications/1644/ending-your-membershipWithdrawing Your Contributions and/or Your Membership – Article 14 Benefits
… at 5 percent per year); or Leave your contributions in your account and qualify for a retirement benefit when you become eligible. If you choose … less than five years of service and do not qualify for a retirement benefit, you should file the Withdrawal …
https://www.osc.ny.gov/retirement/publications/1644/withdrawing-your-contributions-andor-your-membershipBecoming Eligible for a Benefit – Article 14 Benefits
… As long as you do not withdraw your contributions, you will have earned the right to receive a pension once you meet the minimum requirement of … public employment. Vesting is automatic — you do not have to fill out any paperwork or file an application to become …
https://www.osc.ny.gov/retirement/publications/1644/becoming-eligible-benefitTier Status – Article 14 Benefits
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are a Tier 3 member covered by Article 14 if you joined the Police … 9, 2010, you did not elect to be covered by Article 22 (Tier 5) benefits and you: Elected coverage under your …
https://www.osc.ny.gov/retirement/publications/1644/tier-statusStay Informed – Coordinated Plan For ERS Tier 3 and 4 Members
… Coordinated Plan information for ERS Tier 3 and 4 members under Articles 14 and 15 Stay …
https://www.osc.ny.gov/retirement/publications/1522/stay-informedDivorce – Basic Plan for ERS Tier 1 Members
… Basic Plan information for ERS Tier 1 members under Sections 70a 71a and 75 Divorce …
https://www.osc.ny.gov/retirement/publications/1500/divorce