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Divorce – State Police Plan
… Divorce can affect your retirement benefits. The New York State Court of Appeals has … should email our Matrimonial Bureau at dro@osc.ny.gov . … State Police Plan information for PFRS Tier 2 5 …
https://www.osc.ny.gov/retirement/publications/1518/divorceBecoming Eligible for a Benefit – Regional State Park Police Plan
… vested. This means you have earned the right to receive a retirement benefit, even if you leave public employment. 1 … members who are off public payroll may collected a vested retirement benefit at age 55. Tier 6 members who are off … your vested benefit. 1 Updated 10/22 … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/becoming-eligible-benefitOpinion 90-10
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … v City of Lockport , 228 AD 319, 238 NYS 662, affd 254 NY 582; Embler v Town of Wallkill , 132 NY 222; 1989 Opns St Comp. No. 89-21, p 45; 1985 Opns St …
https://www.osc.ny.gov/legal-opinions/opinion-90-10Available Options – Regional State Park Police Plan
… Single Life Allowance (Option 0) This is the basic retirement benefit. It provides the maximum benefit payment … lifetime. It guarantees that if you die before receiving retirement benefit payments that equal the initial value of … 50 percent of your COLA. Learn more about COLA. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsFinal Average Earnings
… who retire on or after: April 1, 2024, for Police and Fire Retirement System (PFRS) Tier 6. April 20, 2024, for Employees’ Retirement System (ERS) Tier 6. Previously, your FAE was the …
https://www.osc.ny.gov/retirement/members/final-average-earningsContributing Toward Your Retirement – New Career Plan
… benefits, you are not required to contribute toward your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These contributions, plus the interest … 3 percent of your reportable earnings toward your retirement benefits until you retire or have 32 years of …
https://www.osc.ny.gov/retirement/publications/1515/contributing-toward-your-retirementContributing Toward Your Retirement – Non-Contributory Plan with Guaranteed Benefits
… benefits, you are not required to contribute toward your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These contributions, plus the interest … 3 percent of your reportable earnings toward your retirement benefits until you retire or have 32 years of …
https://www.osc.ny.gov/retirement/publications/1513/contributing-toward-your-retirementOpinion 2001-1
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … GENERAL MUNICIPAL LAW §90; 29 USC §201 et seq .; NY CONST, ART. VIII, §1: A village board may authorize … with constitutional equal protection guarantees (NY Const, art. I, §11; see, e.g., Gruen v County of Suffolk , …
https://www.osc.ny.gov/legal-opinions/opinion-2001-1Conservation Fund – Sources and Uses of Funds
… Purpose To determine whether Conservation Fund (Fund) revenues are accounted for properly and whether … made from the Fund are consistent with applicable State law and regulations. Background The Fund was … Fund ( 2008-S-121) … To determine whether Conservation Fund Fund revenues are accounted for properly and whether …
https://www.osc.ny.gov/state-agencies/audits/2013/10/09/conservation-fund-sources-and-uses-fundsThe Ex-spouse’s Payments – Divorce and Your Benefits
… NYSLRS receives all required documents before the member’s retirement, payments to the ex-spouse will begin as of the … to a retroactive distribution, the DRO must clearly state that intent, note the specific retroactive date, and … There is no minimum retirement age when members in active State service must retire. If the member is not in active …
https://www.osc.ny.gov/retirement/members/divorce/ex-spouses-paymentsContributing Toward Your Retirement – Police and Fire Plan
… benefits, you are not required to contribute toward your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These contributions, plus the interest … 3 percent of your reportable earnings toward your retirement benefits until you retire or have 32 years of …
https://www.osc.ny.gov/retirement/publications/1512/contributing-toward-your-retirementContributing Toward Your Retirement – Basic Plan with Increased-Take-Home-Pay (ITHP)
… You are required to contribute toward your retirement. Tier 1, 2 and 3 Members If your employer has … Since you are contributing less of your own money to the Retirement System, the annuity portion of your retirement benefit will be smaller. However, when you retire, …
https://www.osc.ny.gov/retirement/publications/1511/contributing-toward-your-retirementContributing Toward Your Retirement – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
… Article 14B Sections 551 552 553 Contributing Toward Your Retirement …
https://www.osc.ny.gov/retirement/publications/1841/contributing-toward-your-retirement20-Year Retirement Benefit – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 1 and 2 Members
… for ERS Tier 1 2 Article 14B Sections 551 552 553 20Year Retirement Benefit Section 552 …
https://www.osc.ny.gov/retirement/publications/1840/20-year-retirement-benefit25-Year Retirement Benefit – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 1 and 2 Members
… for ERS Tier 1 2 Article 14B Sections 551 552 553 25Year Retirement Benefit Section 551 …
https://www.osc.ny.gov/retirement/publications/1840/25-year-retirement-benefitContributing Toward Your Retirement – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 1 and 2 Members
… Article 14B Sections 551 552 553 Contributing Toward Your Retirement …
https://www.osc.ny.gov/retirement/publications/1840/contributing-toward-your-retirementState Agencies Bulletin No. 178
… Deferred Compensation - Additional Amount 425 Repay State Loans / Debt 426 Higher Ed Repay State Loan 432 Tax Deferred Annuity Copeland (Education) 500 … the general deduction panel and also verify the employee's retirement data on the retirement panel. OSC is not making …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/178-cancellation-general-deductions-certain-employees-who-are-inactive-orPartial Lump Sum Payment – En-Con Police Officers Plan
… Eligible Police and Fire Retirement System members can choose to receive a reduced lifetime retirement benefit in exchange for a one-time lump sum payment. The lump sum payment is made when your retirement benefit is finalized. Eligibility To be eligible …
https://www.osc.ny.gov/retirement/publications/1822/partial-lump-sum-paymentStart Saving for Retirement
… far into the future but the steps you take now to save for retirement can make a huge difference when that day finally … value that it has today. (Return to Top) Ways to Save State workers and some local government employees can save for retirement through the New York State Deferred Compensation Plan (NYSDCP) . The NYSDCP offers …
https://www.osc.ny.gov/retirement/members/saving-for-retirementOpinion 94-31
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … unless there is a plain and clear prohibition in the State or federal constitution, a statute or decisional law, …
https://www.osc.ny.gov/legal-opinions/opinion-94-31