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Items That May Affect Your Pension – En-Con Police Officers Plan
… EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b …
https://www.osc.ny.gov/retirement/publications/1822/items-may-affect-your-pensionAvailable Options – En-Con Police Officers Plan
… benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments cease upon your death. When you die (even if it is only one year, or sooner, after … savings contributions on deposit) This option will provide you with a reduced monthly benefit for your lifetime. At your …
https://www.osc.ny.gov/retirement/publications/1822/available-optionsReceiving Your Benefit and Filing Your Option Election – En-Con Police Officers Plan
… Receiving Your Benefit At retirement, you must decide how you want your retirement benefit paid. You can choose … amount payable during your lifetime, with nothing payable to a beneficiary upon your death. Or, you may elect to … Your Option Election You must file your Option Election form (unless notified otherwise, as in the case of …
https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-electionLimitations – En-Con Police Officers Plan
… from the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be included in … of overtime that can be included in your FAS is limited to 15 percent of your salary in any given year. Tier 6 If the … the Governor’s annual salary is excluded (please refer to our Overtime and Earnings Limits for Tier 6 page for more …
https://www.osc.ny.gov/retirement/publications/1822/limitationsOverview – En-Con Police Officers Plan
… calculation of your FAS can include, but is not limited to, the following types of payments. In some cases, certain … Payments made as a result of working your vacation; Any form of termination pay; Payments made in anticipation of … that can be included in your FAS calculation is limited to 15 percent of your salary. … EnCon Police Officers Plan …
https://www.osc.ny.gov/retirement/publications/1822/overviewVested Retirement Benefit – Police and Fire Plan
… provisions of the retirement plan that you were covered by in your last public employment determine the vested benefit. …
https://www.osc.ny.gov/retirement/publications/1512/vested-retirement-benefitCreditable Service – En-Con Police Officers Plan
… Certain military service may also be creditable towards the 25 years required for service retirement eligibility. Service performed in titles other than those mentioned will count toward your …
https://www.osc.ny.gov/retirement/publications/1822/creditable-serviceState Agencies Bulletin No. 1712
… to be made to the Military Stipend to reflect raises, Longevity Pay, or other types of pay that might otherwise …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1712-2019-extension-military-and-training-leave-benefits-and-stipendsPerformance of Duty Disability – New Career Plan
… Law or if the incident or occurrence took place on or after September 1, 1980. The written notice must detail … one-half (50 percent) of your FAS, plus an annuity based on any annuity savings contributions you have made. The … Tier 5 and 6 members would not receive an annuity based on those contributions. The performance of duty disability …
https://www.osc.ny.gov/retirement/publications/1515/performance-duty-disabilityOrdinary Disability (Section 362) – New Career Plan
… retirement benefit. The Benefit If approved, this is a benefit equal to the greater of: 1/60th (1.66 percent) of … be equal to the benefit that would be payable to you as a service retirement without any reduction for early … disability retirement must be submitted while you are in service or within 90 days from the date you: Are last paid …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Borrowing Against Your Contributions – New Career Plan
… pay off your loan once you retire. The amount of your pension reduction will be based on your age, the loan balance … you determine if refinancing your current loan or carrying multiple loans would be better for you. With multiple loans , each loan has a separate five-year due date …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsRetiring Before Age 62 – New Career Plan
… 58 18 59 15 60 12 61 6 62 0 … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections …
https://www.osc.ny.gov/retirement/publications/1515/retiring-age-62Contributing Toward Your Retirement – New Career Plan
… an annuity when you retire. There will be some exceptions. For example, PFRS members covered by a collective bargaining … 5.75% More than $100,000 6% There will be some exceptions. For example, PFRS members covered by a collective bargaining … may not contribute. … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections …
https://www.osc.ny.gov/retirement/publications/1515/contributing-toward-your-retirementStay Informed – New Career Plan
… Your retirement benefits are an important part of a solid … before you are eligible to retire. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you …
https://www.osc.ny.gov/retirement/publications/1515/stay-informedDivorce – Non-Contributory Plan with Guaranteed Benefits
… after the marriage has ended. The division must be stated in the form of a Domestic Relations Order (DRO) if we are to …
https://www.osc.ny.gov/retirement/publications/1513/divorceRetiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… retire before age 62 will have their benefit reduced by the percentages shown below. The percentage of the benefit reduction is prorated based on your exact age at retirement. Age at Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It …
https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62Eligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… credit after July 1, 1973. You are eligible to retire with full benefits at age 62, or may choose early retirement with … years of service credit. You are eligible to retire with full benefits at age 62, or may choose early retirement with …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingState Agencies Bulletin No. 1642
… Purpose To provide the Division of Homeland Security and Emergency … Employees in Bargaining Unit 05 on 04/01/2018 are eligible to receive the 2018 PEF OFPC Uniform Maintenance Allowance … employees) or $68.00 (part-time employees), agencies must submit the following information on the Time Entry page or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1642-2017-2018-uniform-maintenance-allowance-employees-fire-protectionAbout Your Membership – En-Con Police Officers Plan
EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1822/about-your-membershipA Message From Comptroller Thomas P. DiNapoli – En-Con Police Officers Plan
… explains some of the benefits and services available to you as a member of our system, including: Benefits you … if you leave public service before you become eligible to retire (vested benefits). I am joined by a staff of dedicated professionals in my commitment to helping you make informed decisions about your future. I …
https://www.osc.ny.gov/retirement/publications/1822/message-comptroller-thomas-p-dinapoli