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Applying for Previous or Military Service Credit – Regional State Park Police Plan
… To receive credit for any type of previous or military service, send a written request (which must be received … retirement benefit will be processed more quickly if your service credit is in order. Records we need to verify your service will be more readily available. If you are requesting …
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 credit for sick leave at half pay. Since service is usually not credited …
https://www.osc.ny.gov/retirement/publications/1867/leaves-absenceFull- and Part-Time Service Credit – Regional State Park Police Plan
… service credit by subtracting your beginning date of employment from the date you actually leave paid … of days worked ÷ 260 days or annual salary reported ÷ (State’s hourly minimum wage × 2,000) Employers report days … 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
… retirement benefit, even if you leave public employment. 1 Tier 1, 2, 3 and 5 members who are off public payroll may … collected a vested retirement benefit at age 55. Tier 6 members who are off public payroll may collect a vested …
https://www.osc.ny.gov/retirement/publications/1867/becoming-eligible-benefitContributing Toward Your Retirement – 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/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 members 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 …
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 members 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
… When you reach retirement age, you will be entitled to a retirement benefit based on your service and your … you were an active member. 1 The date you are eligible to retire depends on your tier. Tiers 1 & 2 — the first of … lifetime. You may elect one of several payment options to provide for a continuing payment to a designated …
https://www.osc.ny.gov/retirement/publications/1867/vested-retirement-benefitItems That May Affect Your Pension – Regional State Park Police Plan
… 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
… benefit for at least one year prior to your date of retirement; and Retire with a service retirement benefit … receive a lump sum payment equal to a specific percentage of the value of your retirement benefit, as shown below. Your Single Life …
https://www.osc.ny.gov/retirement/publications/1867/partial-lump-sum-paymentChoosing 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 …
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 Covers pension disability and death benefits
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 Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1867/about-your-membershipA Message From Comptroller Thomas P. DiNapoli – Regional State Park Police Plan
… As a member of the Retirement System, you are covered by a plan that provides important benefits. This …
https://www.osc.ny.gov/retirement/publications/1867/message-comptroller-thomas-p-dinapoliAccidental Disability – Non-Contributory Plan with Guaranteed Benefits
… to receive. You must also select an option for the payment of your disability benefits . Filing You, your …
https://www.osc.ny.gov/retirement/publications/1513/accidental-disabilityEligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… Eligibility Tier 1 Members: You are eligible to retire at age 55. Tier 2 and 3 Members: You must have at … of service credit after July 1, 1973. You are eligible to retire with full benefits at age 62, or may choose early … at least five years of service credit. You are eligible to retire with full benefits at age 62, or may choose early …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingSalary and Service: Keys to Retirement Benefits
… you work and how much you earn. They are referred to as Service Credit and Final Average Earnings (FAE) . … A NYSLRS members service credit and final average earnings FAE are two major …
https://www.osc.ny.gov/retirement/members/salary-and-service-keys-retirement-benefitsHow Contribution Rates Are Determined – What Every Employer Should Know
… ensures that adequate assets are being accumulated to pay benefits as they become due using demographic (rates of employee … pay benefits in the future. NYSLRS assumes a 5.9 percent rate of return on Fund investments. Therefore, the interest …
https://www.osc.ny.gov/retirement/employers/partnership/how-contribution-rates-are-determined