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Accidental Disability – Career Plan
… due to your own willful negligence, you may be eligible for this benefit. You may also be eligible if you are … members of the public. Notice of Accident To be eligible for this benefit, you must have filed a written notice of the … is filed as noted above, you may still be eligible for this benefit if you file an application for an accidental …
https://www.osc.ny.gov/retirement/publications/1642/accidental-disabilityOrdinary Disability (Section 362) – Career Plan
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service, plus 1/60th of your FAS …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-disability-section-362Divorce – Career Plan
… 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 … specify otherwise. Beneficiary designations may be revoked for the Ordinary Death Benefit, Cash Refund Initial Value …
https://www.osc.ny.gov/retirement/publications/1642/divorceBorrowing Against Your Contributions – Career 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 … deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once in …
https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributionsWithdrawing Your Contributions and/or Your Membership – Special 20- and 25-Year Plans
… or Leave your contributions in your account and qualify for a retirement benefit when you are 55. To help you decide … must stay in your account. When you reach age 55 (age 63 for vested Tier 6 members who are off payroll), it is up to you to apply for your retirement benefit. Members in non-contributory …
https://www.osc.ny.gov/retirement/publications/1517/withdrawing-your-contributions-andor-your-membershipContributing Toward Your Retirement – Career Plan
… an annuity when you retire. There will be some exceptions. For example, PFRS members covered by a collective bargaining … to contribute a specific percentage of your annual salary, as shown below, until you retire or have 32 years of … 5.75% More than $100,000 6% There will be some exceptions. For example, PFRS members covered by a collective bargaining …
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
… member contributions will be refunded to your designated beneficiary or to your estate. The benefit can only be paid … of death, we will pay the difference to your designated beneficiary or to your estate. If you have no beneficiaries … as soon as possible so we can forward the appropriate forms to your beneficiary. If you die on or after January 1, …
https://www.osc.ny.gov/retirement/publications/1867/accidental-death-benefitAlternative and Out-of-Service Death Benefits – Regional State Park Police Plan
… beneficiary. … 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/alternative-and-out-service-death-benefitsVested Retirement Benefit – Career Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public … your last public employment determine the vested benefit. For an explanation of your benefit, please refer to the … Benefit section . The vested retirement benefit is payable for your lifetime. You may elect one of several payment …
https://www.osc.ny.gov/retirement/publications/1642/vested-retirement-benefitOrdinary Death Benefit – Regional State Park Police Plan
… Workers’ Compensation or other employer-funded benefits, for up to two years (which may be extended for an additional … or Within 12 months of the last date you were receiving salary, on an authorized medical leave of absence or … 2, 3, 5 and 6 This benefit is equal to three times your salary raised to the next highest multiple of $1,000, as …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitAccidental Disability – Regional State Park Police Plan
… due to your own willful negligence, you may be eligible for the benefit. You may also be eligible if you are … members of the public. Notice of Accident To be eligible for this benefit, you must file an application for an accidental disability retirement benefit within one …
https://www.osc.ny.gov/retirement/publications/1867/accidental-disabilityPerformance of Duty Disability – Regional State Park Police Plan
… service you may have. Notice of Occurrence To be eligible for this benefit, you must file an application for a performance of duty disability retirement benefit … be eligible to receive. You must also select an option for the payment of your disability benefits . Filing You, …
https://www.osc.ny.gov/retirement/publications/1867/performance-duty-disabilityRegional State Park Police Disability (Section 363-e) – Regional State Park Police Plan
… willful negligence, regardless of your years of service (for a disability not sustained in service, you must have at … and Social Security disability cannot exceed your final salary. The portion of your pension which exceeds your final salary will be suspended until the combined benefits are less …
https://www.osc.ny.gov/retirement/publications/1867/regional-state-park-police-disability-section-363-eOrdinary Disability – Regional State Park Police Plan
… 1, 1997 only the performance of duty and the regional state park police disability benefits are available. … from employment while receiving those benefits. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-disabilityDivorce – Regional State Park Police Plan
… 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/1867/divorceCost-of-Living Adjustment – Regional State Park Police Plan
… (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 disability pension for five or more years. When you die, if you selected an …
https://www.osc.ny.gov/retirement/publications/1867/cost-living-adjustmentBorrowing Against Your Contributions – Regional State Park Police 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 … deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once in …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsIRS Pension Limitation – Regional State Park Police Plan
… that qualified pension plans, including the New York State and Local Retirement System, may use in calculating benefits. … affects members who first join on or after April 1, 1996, and currently excludes earnings over $250,000 (effective … March 31st). This amount is set by federal law and is periodically adjusted for inflation. … Regional State …
https://www.osc.ny.gov/retirement/publications/1867/irs-pension-limitationAvailable Options – Regional State Park Police Plan
… 50 percent of your COLA. Learn more about COLA. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/available-options