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Regional 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 Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1867Vested Retirement Benefit – Non-Contributory Plan with Guaranteed Benefits
… employment before retirement age and you have five years of credited service. When you reach retirement age, you will … tier. Tier 1 Full vested benefit as early as the first of the month following your 55th birthday. Tiers 2, 3 and 5 … retirement with a reduced benefit as early as the first of the month following your 55th birthday. Tier 6 Full vested …
https://www.osc.ny.gov/retirement/publications/1513/vested-retirement-benefitOrdinary Death Benefit – Regional State Park Police Plan
… beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if you meet eligibility … pension benefit. The first $50,000 of this benefit is paid in the form of group term life insurance, which is currently …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitAccidental Disability – Regional State Park Police Plan
… any annuity savings contributions you may have made while in service. You must apply for Workers’ Compensation benefits … The application must be filed while you are still in service or within two years of your discontinuance from service. When filing for this benefit, “in service” is defined as while you are: Being paid on the …
https://www.osc.ny.gov/retirement/publications/1867/accidental-disabilityPerformance of Duty Disability – Regional State Park Police Plan
… The application must be filed while you are still in service or within two years of your discontinuance from service. When filing for this benefit, “in service” is defined as while you are: Being paid on the …
https://www.osc.ny.gov/retirement/publications/1867/performance-duty-disabilityRegional State Park Police Disability (Section 363-e) – Regional State Park Police Plan
… the natural and proximate result of a disability sustained in service, not caused by your own willful negligence, … of your years of service (for a disability not sustained in service, you must have at least five years of total … service credit as a regional state park police officer in the New York State Office of Parks, Recreation and …
https://www.osc.ny.gov/retirement/publications/1867/regional-state-park-police-disability-section-363-eOrdinary Disability – 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/ordinary-disabilityDivorce – Regional State Park Police Plan
… The Survivor Benefit beneficiary designations made by retirees who chose the Single Life Allowance option or … information on how your pension benefits may be affected by divorce, consult your attorney, contact our Matrimonial … 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/divorceCost-of-Living Adjustment – Regional State Park Police Plan
… Single Life Allowance, even if you selected a different option at retirement. You will begin receiving cost-of-living … for five or more years. When you die, if you selected an option at retirement that pays a lifetime benefit to your …
https://www.osc.ny.gov/retirement/publications/1867/cost-living-adjustmentBorrowing Against Your Contributions – Regional State Park Police Plan
… 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 outstanding loan through …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsAvailable Options – Regional State Park Police Plan
… initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an actuarial term for the … you will receive your initial value amount and more in your monthly retirement benefit. However, if you die after … depending upon which option you elect, payments in the same amount you were receiving (without COLA) will be …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsReceiving Your Benefit and Filing Your Option Election – Regional State Park Police Plan
… Receiving Your Benefit At retirement, you must decide how you want your retirement benefit paid. You can choose from several … which provides the maximum amount payable during your lifetime, with nothing payable to a beneficiary upon …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-electionLimitations – Regional State Park Police Plan
… 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/limitationsOverview – Regional State Park Police Plan
… For Tier 1, 2, 3 and 5 members, FAS is the average of the wages you earned during any 36 consecutive months of service …
https://www.osc.ny.gov/retirement/publications/1867/overviewAccidental Disability – Police and Fire Plan
… any annuity savings contributions you may have made while in service. The contributions required of Tier 5 and 6 … The application must be filed while you are still in service or within two years of your discontinuance from service. When filing for this benefit, “in service” is defined as while you are: Being paid on the …
https://www.osc.ny.gov/retirement/publications/1512/accidental-disabilityAdditional Service Credit for Sick Leave (Section 341[j]) – Regional State Park Police Plan
… you may receive service credit for your unused, unpaid sick leave days at retirement. To be eligible for this benefit, … credit is determined by dividing your total unused, unpaid sick leave days (which cannot exceed 165) by 260. Credit for …
https://www.osc.ny.gov/retirement/publications/1867/additional-service-credit-sick-leave-section-341jApplying for Previous or Military Service Credit – Regional State Park Police Plan
… credit for your previous public employment as early in your career as possible ensures that: If there is a cost, … will be processed more quickly if your service credit is in order. Records we need to verify your service will be more …
https://www.osc.ny.gov/retirement/publications/1867/applying-previous-or-military-service-creditCredit for Previous or Military Service – Regional State Park Police Plan
… employer before that employer elected to participate in the Retirement System. Service Before Your Date of … member of this System, or another public retirement system in New York State, your service may be recredited and your … an earlier tier of membership does not always result in a better benefit. Please review your options carefully …
https://www.osc.ny.gov/retirement/publications/1867/credit-previous-or-military-serviceLeaves of Absence – Regional State Park Police Plan
… unpaid medical leaves of absence; or Unpaid leave under the federal Family and Medical Leave Act. Workers’ …
https://www.osc.ny.gov/retirement/publications/1867/leaves-absenceFull- and Part-Time Service Credit – Regional State Park Police Plan
… Full-Time Employment If you join the Retirement System on the day you begin employment with a … work on a full-time, continuous basis, we calculate your retirement service credit by subtracting your beginning date of …
https://www.osc.ny.gov/retirement/publications/1867/full-and-part-time-service-credit