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Available Options – Regional State Park Police Plan
… monthly retirement benefit. However, if you die after the full initial value amount has been paid out to you, no … benefit is payable to your beneficiary. Joint Allowance — Full* This option will provide you with a reduced monthly … will cease upon your death. Pop-Up/Joint Allowance — Full or Half* These options will provide you with a reduced …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsFinal Average Earnings
… Tier 6 Final Average Earnings Now Highest 3 Years A new law improves the pension benefits of NYSLRS … calculation — you don’t need to contact us. The new law does not apply to members who retired before the dates above. …
https://www.osc.ny.gov/retirement/members/final-average-earningsState Agencies Bulletin No. 1791
… for Tier 5 Employee Retirement System (ERS) members for calendar year 2020 is $20,158.75. Affected Employees … effective January 1, 2010. This amount increases each calendar year thereafter by three percent. Effective Date(s) … for Tier 5 Employee Retirement System ERS members for calendar …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1791-tier-5-pensionable-overtime-earnings-limit-calendar-year-2020-employeesTier Status – Regional State Park Police Plan
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July 31, 1973 through June 30, 2009 Tier 3 July 1, … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a Covers …
https://www.osc.ny.gov/retirement/publications/1867/tier-statusXII.6.M Lien Processing and Financial Reporting for Sole Custody Accounts – XII. Expenditures
… requirements on the Internal Revenue Service’s (IRS) Form 1099 reporting and filing requirements, as well as lien … calendar year must be reported to the payee via a Form 1099 (information return), and a copy must be filed with the … as well as prepare and distribute the required Form 1099 information return to the payee and file with the IRS …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6m-lien-processing-and-financial-reporting-sole-custody-accountsRetirement Option Election Form with Partial Lump Sum Payment for Tier 2, 3, 5 and 6 Members (RS 6421-A)
To select a pension payment option when applying for retirement and choose to receive a partial lump sum payment, Tier 2, 3, 5 and 6 members who are designating one beneficiary use form RS6421-A.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs6421-a.pdfTier Status – En-Con Police Officers Plan
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July 31, 1973 through June 30, 2009 Tier 3 July 1, … EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers …
https://www.osc.ny.gov/retirement/publications/1822/tier-statusTier Status – Basic Plan with Increased-Take-Home-Pay (ITHP)
… 11 5 and 6 members under Sections 370a 371a and 375 Tier Status …
https://www.osc.ny.gov/retirement/publications/1511/tier-statusIndependent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… the New York State Common Retirement Fund Prior Reviews 2019 Report 2016 Report 2013 Report Background on New York …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsCheektowaga Economic Development Corporation (CEDC) – Revolving Loan Program (2021M-85)
… (CEDC) Board properly managed and monitored the revolving loan fund program. Key Findings The CEDC Board did not properly manage or monitor the revolving loan fund program and was unaware inadequate accounting … records were not complete, accurate or up to date. Loan repayments were not properly accounted for or deposited …
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2021/11/05/cheektowaga-economic-development-corporation-cedc-revolving20-Year Benefit (Section 384-d) – Special 20- and 25-Year Plans
… Social Security Law (RSSL). You must separate from service on the last day of the month following the month in which you … – 90 days before your date of retirement. For information on how to apply for a service retirement benefit, read …
https://www.osc.ny.gov/retirement/publications/1517/20-year-benefit-section-384-dAmortization Schedules and Payoffs – Contribution Stabilization Program
… the original amount amortized and the interest rates for each, in Retirement Online . To view amortization payment … link on the Billing Dashboard. You will be able to search for a specific amortization or view a list of all … ahead of schedule. To calculate a payoff amount for any amortization based on a payoff date of your choice: …
https://www.osc.ny.gov/retirement/employers/csp/amortization-schedules-and-payoffsDiNapoli and Rice Halt Pension Scam
… in unlawful pension payments while earning a final full-time salary of $112,000 with Nassau Community College. … Retirement Program while continuing to receive his full pension. State law prohibits retirees collecting a …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-and-rice-halt-pension-scamDivorce – State Police Plan
… Divorce can affect your retirement benefits. The New York … membership. We will also need a certified copy of your divorce decree. NYSLRS offers an easy-to-complete, online DRO … designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes final, …
https://www.osc.ny.gov/retirement/publications/1518/divorceNew York State Comptroller DiNapoli and District Attorney Kindlon: Siblings Indicted for Stealing State Rent-Relief Funds
… Program (ERAP) funds to which they were not entitled, New York Comptroller Thomas P. DiNapoli, Albany County District Attorney Lee C. Kindlon and New York State Police Superintendent Steven G. James … DiNapoli said. “My thanks to D.A. Kindlon and the New York State Police for their partnership in holding …
https://www.osc.ny.gov/press/releases/2026/01/new-york-state-comptroller-dinapoli-and-district-attorney-kindlon-siblings-indicted-stealing-stateCUNY Bulletin No. CU-476
… Purpose To provide agency instructions for processing the CUNY Health Benefits Buy Out Payment. Affected Employees Eligible CUNY employees who elect to participate in the Health Benefits Buy Out Waiver Program … To provide agency instructions for processing the CUNY Health …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-476-city-university-new-york-cuny-health-benefits-buy-outAbout NYSLRS
… System (NYSLRS) is one of the largest retirement systems in the world, administering benefits for more than 1.2 … benefits to employees of participating public employers in non-teaching positions outside of New York City, including … head of NYSLRS. As fiduciary, the Comptroller acts in the best interests of NYSLRS members, retirees and …
https://www.osc.ny.gov/retirement/about-nyslrsExamples – Article 14 Benefits
… Example: A member joins at age 22 and has ten years of service credit when he or she leaves public employment. The member can apply for a vested retirement benefit at the … member could instead choose to begin receiving the benefit as early as age 55 with a reduction of 16.65 percent (3.33 …
https://www.osc.ny.gov/retirement/publications/1644/examplesAugust 1999: New York State Environmental Facilities Corporation State Revolving Loan Funds
… clean water and drinking water projects. Source of Funds: Proceeds of revenue bonds issued by EFC Distribution of Funds: The local government in applying for the loan from EFC … from capitalization grant moneys and state matching funds (usually 1/3 to 1/2 of the loan amount for clean water …
https://www.osc.ny.gov/local-government/publications/august-1999-new-york-state-environmental-facilities-corporation-state-revolving-loan-fundsSUNY Bulletin No. SU-56
… Purpose To notify agencies of the procedure for processing summer … the payroll in their regular positions and will continue to be paid. Summer Session Payment Procedures Summer session … Paid During the Academic Year 2000-2001 In addition to the above, the following procedures are applicable for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-56-suny-summer-session-procedures