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Choosing a Payment Option – 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/choosing-payment-optionFinal Average Salary – 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/final-average-salaryService 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 …
https://www.osc.ny.gov/retirement/publications/1867/service-creditAbout Your Membership – 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/about-your-membershipA Message From Comptroller Thomas P. DiNapoli – Regional State Park Police Plan
… die while working for a public employer or, if eligible, after you leave public employment (death benefits); and …
https://www.osc.ny.gov/retirement/publications/1867/message-comptroller-thomas-p-dinapoliAccidental Disability – Non-Contributory Plan with Guaranteed Benefits
NonContributory Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Section 375e Accidental Death Benefit
https://www.osc.ny.gov/retirement/publications/1513/accidental-disabilityEligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… 1 Members: You are eligible to retire at age 55. Tier 2 and 3 Members: You must have at least five years of service … early retirement with a reduced benefit between ages 55 and 62. Tier 5 and 6 Members: You must have at least five years of service …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingHow Contribution Rates Are Determined – What Every Employer Should Know
… determine the value of future benefits include: Benefits for every member, retiree and beneficiary Future salary and … withdrawal and retirement Life expectancies Inflation for cost-of-living adjustments (COLA) Once future benefits … on Fund investments. Therefore, the interest rate used for employer invoices is currently 5.9 percent, though this …
https://www.osc.ny.gov/retirement/employers/partnership/how-contribution-rates-are-determinedFactors Affecting an Employer’s Annual Payment – What Every Employer Should Know
… Who Are Members Generally, the more members there are on an employer’s payroll, the higher the employer’s annual …
https://www.osc.ny.gov/retirement/employers/partnership/factors-affecting-employers-annual-paymentLong-Term Expected Contribution Rates – What Every Employer Should Know
… rates to the actual annual contribution rates from for both Employees’ Retirement System (ERS) and Police and …
https://www.osc.ny.gov/retirement/employers/partnership/long-term-expected-contribution-ratesAbout Benefit Reductions
… Benefit reductions are prorated by month. The closer you are to your full retirement age at retirement, the less … receiving a vested benefit). Benefit reductions do not apply to ERS Tier 2, 3 or 4 members who retire between 55 and … 25-year plan will be reduced for early retirement — even if they have 30 years of service credit. ERS Tiers 2, 3 and …
https://www.osc.ny.gov/retirement/members/about-benefit-reductionsDeath Benefits
… benefits, and any needed forms, to your beneficiaries. For more information, read Getting Your Affairs in Order and A Guide for Survivors . If you are retired, please see the Death … plan and tier. Refer to your retirement plan publication for specific information about the benefits described below. …
https://www.osc.ny.gov/retirement/members/death-benefitsDisability Retirement – Divorce and Your Benefits
… NYSLRS’ retirement plans provide for several different types of … a member’s disability retirement benefit is subject to equitable distribution is an issue for the Court. Many … disability retirement. If directed by the DRO, NYSLRS will calculate a hypothetical service retirement benefit based on …
https://www.osc.ny.gov/retirement/members/divorce/disability-retirementSubmitting a DRO – Divorce and Your Benefits
… A Domestic Relations Order (DRO), whether prepared using the …
https://www.osc.ny.gov/retirement/members/divorce/submitting-droPost Retirement Reporting
… January 2024. (Note: Once you’ve used enhanced reporting for a full calendar year, you will no longer be required to … Reporting Page.) If you submitted an enhanced report for your December 2023 report or earlier: You already report … Set a timeframe that works for your organization to switch to enhanced reporting. …
https://www.osc.ny.gov/retirement/employers/post-retirement-reportingYour Pension and Planning for Retirement
Retirement is a big deal and we want you to be as prepared as you can
https://www.osc.ny.gov/retirement/members/your-pension-and-planning-for-retirementUnified Court System Bulletin No. UCS-214
… Purpose To inform agencies of OSC’s automatic processing of the April 2015 UCS Increments, Longevity Increments and … Bargaining Unit 87 Court Officers Benevolent Association of Nassau County Bargaining Unit DR Suffolk County Court …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-214-april-2015-state-new-york-unified-court-system-ucs-incrementsDivision of Housing and Community Renewal Bulletin No. DH-85
… equated to a grade (Grade 001-032) and whose annual salary is below the Job Rate of the employee’s grade on the payment … April 2017 DC37 Performance Advance provided the employee: Is in a BU67 position on the payment effective date; and Has … salary (promotion recalculation) provided the employee is not eligible for a performance advance in the higher grade …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-85-april-2017-district-council-37-dc37-performanceState Agencies Bulletin No. 1557
… increment code update will be processed. Submit a Position Change Request to the Position Management Unit if the … in NYSTEP. The position will be updated to reflect the change and the automatic performance advance, promotion … earnings will not overlap the effective date of the Pay Change transaction . OSC Actions OSC will process the April …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1557-april-2017-public-employees-federation-pef-performance-advancesState Agencies Bulletin No. 1466
… employees who meet the eligibility criteria and have a Payroll Status of Active, Leave With Pay or Leave of Absence … on the payment effective date. Eligible employees with a Payroll Status of Leave With Pay and an Action/Reason code of … on the payment effective date. Eligible employees with a Payroll Status of Leave With Pay and an Action/Reason code of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1466-april-2016-civil-service-employees-association-csea-performance