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Ordinary Disability (Section 362) – Career Plan
… year of service you might have earned before age 60, but not more than one-third of your FAS. The benefit would also … mandatory contributions made by Tier 5 and 6 members are not annuity savings contributions, and Tier 5 and 6 members would not receive an annuity based on those contributions. If you …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-disability-section-362Divorce – Career Plan
… after the marriage has ended. This division must be stated in the form of a Domestic Relations Order (DRO) if we are to …
https://www.osc.ny.gov/retirement/publications/1642/divorceBorrowing Against Your Contributions – Career Plan
… when borrowing against your contributions: You must be in active service and have one year of member service credit. … You repay each outstanding loan through payroll deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once in any 90-day period. Prior to retirement, and 30 days after …
https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributionsSUNY Bulletin No. SU-205
… of the 2014 UUP Salary Increase and provide instructions for payments not processed automatically. Affected Employees … New York and the United University Professions, provides for an increase of 2.00% to basic annual salaries in 2014. … CAL 08/28/14 09/24/14 Administration 12 The effective date for employees with a Pay Basis Code equal to BIW, HRY or FEE …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-205-2014-salary-increase-psnu-employees-represented-unitedSUNY Bulletin No. SU-222
… of the 2015 UUP Salary Increase and provide instructions for payments not processed automatically. Affected Employees … New York and the United University Professions, provides for an increase of 2.00% to basic annual salaries in 2015. … 09/23/2015 Administration 12L The effective date for employees with a Pay Basis Code equal to BIW, HRY or FEE …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-222-2015-salary-increase-psnu-employees-represented-unitedWithdrawing Your Contributions and/or Your Membership – Special 20- and 25-Year Plans
… . For all members , withdrawing contributions may have tax consequences. Please review the application carefully before submitting, and speak to a tax advisor if you have questions. … Special 20 and 25Year …
https://www.osc.ny.gov/retirement/publications/1517/withdrawing-your-contributions-andor-your-membershipContributing Toward Your Retirement – Career Plan
… Tier 1, 2 and 3 Members If you are a Tier 1 or 2 member, or a Tier 3 member covered by Article 11 … effect on the date of membership, may not contribute. Tier 6 Members As a Tier 6 member, you are required to contribute …
https://www.osc.ny.gov/retirement/publications/1642/contributing-toward-your-retirementChallenging a Determination – Regional State Park Police Plan
… York area. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867/challenging-determinationAccidental Death Benefit – Regional State Park Police 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/1867/accidental-death-benefitAlternative and Out-of-Service Death Benefits – Regional State Park Police Plan
… service but were gainfully employed during that time. Filing Your family or employer should notify us of your death …
https://www.osc.ny.gov/retirement/publications/1867/alternative-and-out-service-death-benefitsVested Retirement Benefit – Career Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public employment before … retire depends on your tier. Tier 1 Full vested benefit as early as the first of the month following your 55th birthday. …
https://www.osc.ny.gov/retirement/publications/1642/vested-retirement-benefitOrdinary Death Benefit – Regional State Park Police Plan
… beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if you meet eligibility … pension benefit. The first $50,000 of this benefit is paid in the form of group term life insurance, which is currently exempt from federal income tax. Your accumulated contributions (if …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitAccidental Disability – Regional State Park Police Plan
… benefit is only available to members who joined the Police and Fire Retirement System before September 1, 1997. … of your FAS, plus an annuity provided by any annuity savings contributions you may have made while in service. You … that you are eligible to receive. You must also select an option for the payment of your disability benefits . Filing …
https://www.osc.ny.gov/retirement/publications/1867/accidental-disabilityPerformance of Duty Disability – Regional State Park Police Plan
… service” is defined as while you are: Being paid on the payroll; On an authorized medical leave of absence for up to … benefits for up to two years since last being paid on the payroll, as long as you have not resigned or been terminated …
https://www.osc.ny.gov/retirement/publications/1867/performance-duty-disabilityRegional State Park Police Disability (Section 363-e) – Regional State Park Police Plan
… For this benefit, “in service” is when you are: On the payroll; or On authorized medical leave of absence for up to …
https://www.osc.ny.gov/retirement/publications/1867/regional-state-park-police-disability-section-363-eOrdinary Disability – Regional State Park Police Plan
… the performance of duty and the regional state park police disability benefits are available. Eligibility If you are … of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this … If you are age 60 or older at the effective date of your disability retirement, your ordinary disability benefit would …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-disabilityDivorce – Regional State Park Police Plan
… after the marriage has ended. This division must be stated in the form of a Domestic Relations Order (DRO) if we are to …
https://www.osc.ny.gov/retirement/publications/1867/divorceCost-of-Living Adjustment – Regional State Park Police Plan
… permanently increase each year. This adjustment, subject to pension caps and limitations, is 50 percent of the … of your benefit. The adjustment percentage is applied only to the first $18,000 of your Single Life Allowance, even if … an option at retirement that pays a lifetime benefit to your beneficiary, and the beneficiary is your spouse, he …
https://www.osc.ny.gov/retirement/publications/1867/cost-living-adjustmentBorrowing Against Your Contributions – Regional State Park Police Plan
… loan balance at retirement. The approximate reductions are for calendar year 2017. The amount of the reduction changes … that causes your loan to exceed the federal limits for nontaxable loans. Exceeding these limits could result in significant tax consequences for you. You do not make the required payments on your loan …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsIRS Pension Limitation – Regional State Park Police Plan
… the New York State and Local Retirement System, may use in calculating benefits. It affects members who first join on … excludes earnings over $250,000 (effective April 1, 2012) in the State’s fiscal year (April 1st – March 31st). This …
https://www.osc.ny.gov/retirement/publications/1867/irs-pension-limitation