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Choosing 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 benefits
https://www.osc.ny.gov/retirement/publications/1644/service-retirement-benefitsFinal Average Salary – Article 14 Benefits
… on your years of credited service and your final average salary (FAS). FAS is the average of the wages you earned … In some cases, certain restrictions may apply. Regular salary; Overtime earned in the FAS period; Holiday pay; … of three), if earned in the FAS calculation; and Payment for up to 30 days vacation, if the FAS is based on the 36 …
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 … (vested benefits). I am joined by a staff of dedicated professionals in my commitment to helping you make informed …
https://www.osc.ny.gov/retirement/publications/1644/message-comptroller-thomas-p-dinapoliPower of Attorney
… Overview The NYSLRS Special Durable Power of Attorney (POA) document allows someone else, referred to as … your NYSLRS retirement benefits (by phone, email or mail) and update your contact information, including your address … will be reviewed in accordance with the laws in effect at the time the POA was executed. For example, for Statutory …
https://www.osc.ny.gov/retirement/members/power-attorneyDiNapoli: Inflation in NYC Metro Area Up 6.1% in March, Growing at Highest Rate in 30 Years
… growth nationally and in other large metro areas, NYC metro area price increases appear poised to outstrip … and public health environment.” Consumer costs in the NYC metro area have grown most steeply for energy, … of transportation, food and housing; Comparisons of the NYC metro area CPI changes to select metro areas across the …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-inflation-nyc-metro-area-march-growing-highest-rate-30-yearsDiNapoli: Georgia Woman Allegedly Stole Over $450K in NYS Pension and Social Security Payments
… Gail S. Ennis today announced the arrest of a Georgia resident, Sandra Smith, for allegedly stealing over $450,000 … us. I also thank the U.S. Attorney’s Office and Special Assistant U.S. Attorney Diane Schulman for prosecuting this … by filing a complaint online at https://www.osc.state.ny.us/investigations , or by mailing a complaint to: Office …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-georgia-woman-allegedly-stole-over-450k-nys-pension-and-social-security-paymentsNY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… with my fiduciary duty to maximize investment returns for the benefit of our members and retirees, these actions … and coal and modify its proxy voting guidelines to push for public companies to increase disclosure of their climate …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investDiNapoli: Small Businesses Generate $950 Billion in New York
… Small businesses are a vital part of New York state’s economy, supporting nearly 3.9 million … having the largest share of the state’s population and economic activity, also has the most and highest … The Fund’s lending partnership with the New York Business Development Corp. (NYBDC) provides capital for small business …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-small-businesses-generate-950-billion-new-yorkDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… Common Retirement Fund (Fund) will restrict investments in oil sands companies that have not demonstrated that they … DiNapoli, trustee of the third largest public pension plan in the country, announced today. This action is tied to … said DiNapoli. “We have carefully reviewed companies in the oil sands industry and are restricting investments in …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesCUNY Bulletin No. CU-691
… authorized the creation of a new Tier 6 pension plan ( Payroll Bulletin 1256 ). Effective with the first checks in … Retirement Plans page must be updated for employees with a Payroll Status of Active, Leave of Absence, and Leave with … exist). Insert a row in the Coverage section and enter the payroll period begin date in the Deduction Begin Date field. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-691-two-year-look-back-tier-6-cuny-optional-retirement-plan-orpDiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas Companies
… the list are major energy companies including Marathon Oil Corp., ConocoPhillips and Hess Corp. Shale rock deposits containing reserves of crude oil … investments in the following coal producers: New Hope Corp., PT Indo Tambangraya Megah Tbk, Semirara Mining and …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-more-climate-actions-nys-pension-fund-launches-evaluation-shale-oil-and-gasNational Investors Call for Workplace Disability Inclusion
… rights movement," said Ted Kennedy, Jr., bone cancer survivor, amputee and Board Chair of the American Association …
https://www.osc.ny.gov/press/releases/2019/05/national-investors-call-workplace-disability-inclusionOverview – State Police Plan
… in the period used in the FAE; Compensatory overtime; Holiday pay; Longevity payments if earned in the years used …
https://www.osc.ny.gov/retirement/publications/1518/final-average-earnings/overviewAdditional Benefits after 25 Years (Sections 384[f], [g] and [h]) – Special 20- and 25-Year Plans
… Eligibility Under these subdivisions of Section 384, you will receive additional benefits for … over 25 years if your employer adopted this coverage. In addition, you must have elected the benefit within one year of your appointment or within one year of employer adoption. …
https://www.osc.ny.gov/retirement/publications/1517/additional-benefits-after-25-years-sections-384f-g-and-hSpecial Accidental Death Benefit – New Career Plan
… If you die under circumstances that permit payment of the accidental death benefit, a special accidental death benefit will be paid to your surviving spouse. If the surviving spouse receiving the special accidental death benefit dies, this benefit will …
https://www.osc.ny.gov/retirement/publications/1515/special-accidental-death-benefitOverview – Career Plan
… earned for each year in the FAS period;* and Longevity payment (maximum of one per FAS year), if earned in the years … pay; Payments made in anticipation of retirement; Lump sum payment for deferred compensation; and Any payments made for …
https://www.osc.ny.gov/retirement/publications/1642/overviewOverview – Police and Fire Plan
… salary; Overtime earned in the period used in the FAS;* Holiday pay; Noncompensatory overtime earned for each year in …
https://www.osc.ny.gov/retirement/publications/1512/overview