Search
Service Retirement Benefit – Regional State Park Police Plan
… your FAS, up to a maximum of 15 years for Tier 1 members and seven years for Tier 2, 3, 5 and 6 members. Under this special plan, the total benefit … each year of regional state park police officer service and 1/60th (1.66 percent) of your FAS for each year of …
https://www.osc.ny.gov/retirement/publications/1867/service-retirement-benefitFinal Average Salary – Regional State Park Police Plan
Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1867/final-average-salaryService Credit – Regional State Park Police Plan
… Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members …
https://www.osc.ny.gov/retirement/publications/1867/service-creditAbout Your Membership – Regional State Park Police Plan
Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1867/about-your-membershipMore About This Retirement Plan – Regional State Park Police Plan
… System.) These benefits are provided by Section 383-a of the Retirement and Social Security Law (RSSL) as enacted … publication, you will find references to “Sections” and “Articles” that refer to the RSSL. The New York State and Local Retirement System, headed by the Comptroller of the State of New York, administers this plan. Our main …
https://www.osc.ny.gov/retirement/publications/1867/more-about-retirement-planA Message From Comptroller Thomas P. DiNapoli – Regional State Park Police Plan
… benefits); Benefits your beneficiary may receive if you die while working for a public employer or, if eligible, …
https://www.osc.ny.gov/retirement/publications/1867/message-comptroller-thomas-p-dinapoliDivorce – Police and Fire 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/1512/divorceBorrowing Against Your Contributions – Police and Fire Plan
… your annuity reduction will be based on your age, the loan balance at retirement and type of retirement (service or … much your reduction would be. How Much You Can Borrow The minimum loan is $25. The maximum loan is 75 percent of your annuity savings contribution balance, minus any outstanding loan …
https://www.osc.ny.gov/retirement/publications/1512/borrowing-against-your-contributionsRetiring Before Age 62 – Police and Fire Plan
… Tier 2, 3, 5 and 6 members who retire before age 62 will have their … Police and Fire Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375b and 375c Retiring Before Age 62 …
https://www.osc.ny.gov/retirement/publications/1512/retiring-age-62Regional State Park Police Plan – Regional State Park Police Plan
… 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/1867Contributing Toward Your Retirement – Police and Fire Plan
… your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These … plus the interest they earn, will provide you with an annuity when you retire. Tier 5 Members If you are a Tier 5 … occurs first. These mandatory contributions are not annuity savings contributions and will not provide you with …
https://www.osc.ny.gov/retirement/publications/1512/contributing-toward-your-retirementOrdinary Death Benefit – Regional State Park Police Plan
… service since last joining the Retirement System; or Tier 2, 3, 5 or 6 member and have completed at least 90 days of … you are on the payroll; While you are on an authorized medical leave of absence (with or without pay); While you are … the last date you were receiving salary, on an authorized medical leave of absence or receiving Workers’ Compensation …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitDivorce – 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 pay a portion of your pension to your ex-spouse. … beneficiary designations made by retirees who chose the Single Life Allowance option or certain alternative options …
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 … 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/cost-living-adjustmentBorrowing Against Your Contributions – Regional State Park Police Plan
… If you meet eligibility requirements, you may take a loan from NYSLRS. Tier 1 and 2 Members The following … examples of how much your reduction would be. How Much You Can Borrow The minimum loan is $25. The maximum loan is 75 … type of retirement (service or disability). How Much You Can Borrow The minimum loan is $1,000. If you joined NYSLRS …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsIRS Pension Limitation – Regional State Park Police Plan
… amount is set by federal law and is periodically adjusted for inflation. … 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/irs-pension-limitationReceiving Your Benefit and Filing Your Option Election – Regional State Park Police Plan
… Your Option Election You must file your Option Election form (unless notified otherwise, as in the case of disability … day of the month following your retirement date. You have up to 30 days after your pension benefit becomes payable to … a disability retiree, you may change your option selection up to 30 days after your disability application is approved, …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-electionLimitations – Regional State Park Police Plan
… in the FAS period exceed the average of the previous two years by more than 20 percent, the amount in excess of 20 … exceed the average of the previous four years by more than 10 percent, the amount in excess of 10 percent is excluded from the computation of your FAS. …
https://www.osc.ny.gov/retirement/publications/1867/limitationsOverview – Regional State Park Police Plan
… of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the … months of service when your earnings were highest. For Tier 6 members, it is the average of your highest 60 … in the FAS;* Holiday pay; Noncompensatory overtime earned for each year in the FAS period;* and Longevity payment …
https://www.osc.ny.gov/retirement/publications/1867/overviewCreditable Service – Regional State Park Police Plan
… Creditable service under this special plan includes all service performed as a regional state park police officer. Certain military service or service you earned as an officer of the New York …
https://www.osc.ny.gov/retirement/publications/1867/creditable-service