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Available Options – Regional State Park Police Plan
… only to members with annuity savings contributions on deposit) This option will provide you with a reduced … your retirement benefit at the time of retirement. If you live long enough, you will receive your initial value amount … a reduced monthly benefit for your lifetime, and is based on your birth date and that of your beneficiary. After your …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsReceiving Your Benefit and Filing Your Option Election – Regional State Park Police 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 … 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/receiving-your-benefit-and-filing-your-option-electionPerformance of Duty Disability – Police and Fire Plan
… duties, regardless of the amount of service you may have. Notice of Occurrence To be eligible for this benefit, you … or occurrence. Otherwise, you must have filed a written notice of the incident or occurrence with: The Retirement … took place on or after September 1, 1980. The written notice must detail the time and place of the incident or …
https://www.osc.ny.gov/retirement/publications/1512/performance-duty-disabilityCreditable Service – Regional State Park Police Plan
… be creditable toward the 25 years required for service retirement eligibility. Service performed in titles other … and death benefits but not toward your 25-year service retirement benefit. …
https://www.osc.ny.gov/retirement/publications/1867/creditable-serviceDivorce – Police and Fire Plan
… The New York State Court of Appeals has determined that retirement benefits are marital … distribution. “Equitable distribution” is the division of marital assets between spouses after the marriage has …
https://www.osc.ny.gov/retirement/publications/1512/divorceBorrowing Against Your Contributions – Police and Fire Plan
… deductions in an amount sufficient to repay the loan and interest within five years. You may borrow only once in any … of your earnings. You may borrow only once in any 12-month period. Prior to retirement, and 30 days after … not make the required payments on your loan at least once every three months or do not complete payment within five …
https://www.osc.ny.gov/retirement/publications/1512/borrowing-against-your-contributionsRetiring Before Age 62 – Police and Fire Plan
… 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It is important to know that once you retire with a reduced benefit, the reduction is permanent — it does not end when you turn 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/1867Stay Informed – Police and Fire Plan
… are an important part of a solid financial plan. They can help you and your beneficiaries achieve financial security in … or in the event of disability or death. Use these tips to help you understand your benefits and stay informed. … Members can view benefit information, update contact information, view and update beneficiaries, and apply …
https://www.osc.ny.gov/retirement/publications/1512/stay-informedWorld Trade Center Presumption – Police and Fire Plan
… If you participated in the World Trade Center rescue, recovery or cleanup efforts, and … time, you should be aware of the benefits provided by the World Trade Center Presumption law. 1 You may be eligible for … be met for these benefits. For more information, visit our World Trade Center Presumption webpage . 1 Updated 12/21 …
https://www.osc.ny.gov/retirement/publications/1512/world-trade-center-presumptionEnding Your Membership – Regional State Park Police Plan
… officer or employee with an employer that participates in the New York State and Local Retirement System. 1 Updated …
https://www.osc.ny.gov/retirement/publications/1867/ending-your-membershipTier Status – 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/tier-statusRetirement System Membership – Regional State Park Police Plan
… Police officers and paid firefighters working for employers that participate in the New York State and Local Police and Fire Retirement System (PFRS) must become members … Plan Coverage If you are employed as a regional state park police officer with the New York State Office of Parks, …
https://www.osc.ny.gov/retirement/publications/1867/retirement-system-membershipStay Informed – Regional State Park Police Plan
… are an important part of a solid financial plan. They can help you and your beneficiaries achieve financial security in … or in the event of disability or death. Use these tips to help you understand your benefits and stay informed. … Members can view benefit information, update contact information, view and update beneficiaries, and apply …
https://www.osc.ny.gov/retirement/publications/1867/stay-informedOrdinary Disability (Section 362) – Police and Fire 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 for …
https://www.osc.ny.gov/retirement/publications/1512/ordinary-disability-section-362Receiving Your Benefits – 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/1867/receiving-your-benefitsWorld Trade Center Presumption – Regional State Park Police Plan
… If you participated in the World Trade Center rescue, recovery or cleanup efforts, and … time, you should be aware of the benefits provided by the World Trade Center Presumption law. 1 You may be eligible for … met for these benefits. For more information, visit our World Trade Center Presumption webpage . 1 Updated 12/21 …
https://www.osc.ny.gov/retirement/publications/1867/world-trade-center-presumptionDeath Benefits – 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/1867/death-benefitsDisability Retirement Benefits – 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/disability-retirement-benefitsVested Retirement Benefit – Regional State Park Police Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public … Your vested benefit is 1/60th (1.66 percent) of your FAS for each year of credited service. The retirement benefit is payable for your lifetime. You may elect one of several payment …
https://www.osc.ny.gov/retirement/publications/1867/vested-retirement-benefit