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Borrowing Against Your Contributions – Regional State Park Police Plan
… If you meet eligibility requirements, you may take a loan from … your contributions: You must be in active service and have one year of member service credit. You repay each … could result in significant tax consequences for you. You do not make the required payments on your loan at least once …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsAvailable Options – Regional State Park Police Plan
… Single Life Allowance (Option 0) This is the basic retirement benefit. It provides the maximum benefit payment … your death. Pop-Up/Joint Allowance — Full or Half* These options will provide you with a reduced monthly benefit for …
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 options, all of which will provide … to 30 days after your pension benefit becomes payable to change your selection. If you are a disability retiree, you …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-electionLimitations – Regional State Park Police Plan
… the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be included in your FAS calculation if: Your … earnings in any year included in the FAS period exceed the average of the previous two years by more than 20 percent, …
https://www.osc.ny.gov/retirement/publications/1867/limitationsOverview – 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/overviewAccidental Disability – Police and Fire Plan
… job as the natural and proximate result of an on-the-job accident not due to your own willful negligence, you may be … after contact with members of the public. Notice of Accident To be eligible for this benefit, you must have filed … if your employer is covered by the Workers’ Compensation Law or if the accident occurred on or after September 1, …
https://www.osc.ny.gov/retirement/publications/1512/accidental-disabilityAdditional Service Credit for Sick Leave (Section 341[j]) – Regional State Park Police Plan
… Social Security Law (RSSL), you may receive service credit for your unused, unpaid sick leave days at retirement. To be eligible for this benefit, you must retire directly from public … your unused sick leave at retirement cannot be used to: Qualify for vesting. For example, if you have four years and …
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
… effective date of retirement) to our Member & Employer Services Bureau. Please include as much information as you can about … you wait to purchase it at a later date. Your retirement benefit will be processed more quickly if your service credit …
https://www.osc.ny.gov/retirement/publications/1867/applying-previous-or-military-service-creditLeaves of Absence – Regional State Park Police Plan
… Tier 1 members receive full credit for sick leave at half pay; Tier 2, 3, 5 and 6 members receive half … not credited for any period of time you do not receive a salary, credit is not given for: Leaves of absence without …
https://www.osc.ny.gov/retirement/publications/1867/leaves-absenceRegional 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
… When you reach retirement age, you will be entitled to a retirement benefit based on your service and salary earned when you were an active … as early as the first of the month following your 55th birthday. Tiers 2, 3 and 5 Full vested benefit at age 62. …
https://www.osc.ny.gov/retirement/publications/1513/vested-retirement-benefitFull- and Part-Time Service Credit – 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/full-and-part-time-service-creditBecoming Eligible for a Benefit – Regional State Park Police Plan
… Once you have accrued five years of credited service, you will be … benefit is based on your service and salary you earned when you were an active member. Vesting is automatic — you do not have to fill out any paperwork or file an application …
https://www.osc.ny.gov/retirement/publications/1867/becoming-eligible-benefitContributing Toward Your Retirement – Regional State Park Police Plan
… Tier 1, 2 and 3 Members If you are a Tier 1 or 2 member, or a Tier 3 member covered by Article 11 benefits, you are not required to contribute toward your retirement benefits, but may elect to make voluntary annuity …
https://www.osc.ny.gov/retirement/publications/1867/contributing-toward-your-retirementReceiving Your Benefits – Regional State Park Police Plan
… Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 … covered by Section383a Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefitsDeath Benefits – Regional State Park Police Plan
… Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 … covered by Section383a Covers pension disability and death benefits …
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 … 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
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/vested-retirement-benefitItems That May Affect Your Pension – 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/items-may-affect-your-pensionPartial Lump Sum Payment – Regional State Park Police Plan
… To be eligible to choose a partial lump sum payment (PLS), you must: Retire under a special 20- or 25-year plan; … When you file for retirement, if you are eligible for PLS, we will send you a special Option Election Form so you can choose a PLS payment along with the standard retirement option you …
https://www.osc.ny.gov/retirement/publications/1867/partial-lump-sum-payment