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Life Changes: What If I Leave Public Employment?
… steps for your NYSLRS membership depend on your years of service and whether you are vested. Being vested means that you have enough years of service credit to qualify for a retirement benefit, even if … all members are vested when they have earned five years of service credit (previously, Tier 5 and 6 members needed ten …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-leave-public-employmentOrdinary Disability – En-Con Police Officers Plan
… 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/1822/ordinary-disabilitySocial Security Adjustment – Article 14 Benefits
… 62, your pension will be reduced by one-half (50 percent) of the primary Social Security benefit — regardless of whether you are actually collecting a benefit from Social … Security. The primary Social Security benefit is the part of your Social Security benefit based on public employment in …
https://www.osc.ny.gov/retirement/publications/1644/social-security-adjustmentLegislative and Executive Retirement Plan For Tier 1 and 2 Members (Section 80-a)
… for members , retirees and employers . You can download forms, read information booklets, brochures and … forms or publications mentioned in this booklet, you can download them from our website, call our Albany office or ask …
https://www.osc.ny.gov/retirement/publications/legislative-and-executive-retirement-plan-tier-1-and-2-members-section-80Borrowing Against Your Contributions – Career Plan
… or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The … Before you apply, you should be aware of the federal tax laws pertaining to NYSLRS loans. Your loan will be …
https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributionsBorrowing Against Your Contributions – Regional State Park Police Plan
… or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The … Before you apply, you should be aware of the federal tax laws pertaining to NYSLRS loans. Your loan will be …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsBorrowing Against Your Contributions – Police and Fire Plan
… or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The … Before you apply, you should be aware of the federal tax laws pertaining to NYSLRS loans. Your loan will be …
https://www.osc.ny.gov/retirement/publications/1512/borrowing-against-your-contributionsBorrowing Against Your Contributions – En-Con Police Officers Plan
… or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The … Before you apply, you should be aware of the federal tax laws pertaining to NYSLRS loans. Your loan will be …
https://www.osc.ny.gov/retirement/publications/1822/borrowing-against-your-contributionsBorrowing Against Your Contributions – New Career Plan
… or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The … Before you apply, you should be aware of the federal tax laws pertaining to NYSLRS loans. Your loan will be …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsBorrowing Against Your Contributions – Non-Contributory Plan with Guaranteed Benefits
… or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The … Before you apply, you should be aware of the federal tax laws pertaining to NYSLRS loans. Your loan will be …
https://www.osc.ny.gov/retirement/publications/1513/borrowing-against-your-contributionsBorrowing Against Your Contributions – Basic Plan with Increased-Take-Home-Pay (ITHP)
… benefit will be permanently reduced . You cannot pay off your loan once you retire. The amount of your annuity … benefit will be permanently reduced . You cannot pay off your loan once you retire. The amount of your pension … you are under age 59½ at the time, you may be required to pay a 10 percent penalty tax in addition to any ordinary …
https://www.osc.ny.gov/retirement/publications/1511/borrowing-against-your-contributionsNew York’s Labor Force: Assessing 10-Year Trends and Pandemic Setbacks
… force is critically important for employers to succeed and grow in New York, and it matters for the fiscal health of the State and local governments. New York’s strength has long been that … declined more rapidly than the rest of the nation in 2020 and continued to shrink in 2021 when other states recovered …
https://www.osc.ny.gov/reports/new-yorks-labor-force-assessing-10-year-trends-and-pandemic-setbacksRetirement at Age 62 With Less Than 20 Years of Service – Article 14 Benefits
… file with the Office of the State Comptroller at least 15 days, but not more than 90 days, before the date on which your retirement will occur. …
https://www.osc.ny.gov/retirement/publications/1644/retirement-age-62-less-20-years-serviceState Agencies Bulletin No. 1880
… limit. Agencies must also ensure the employee’s date of birth is correctly reflected in PayServ to allow the “age 50 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1880-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaDiNapoli: New York's Labor Force Decreased Sharply During the Pandemic and Remains Below Pre-Pandemic Peak
… elevated in 2021, at a rate almost twice that of people without a disability. Labor force participation for this …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-yorks-labor-force-decreased-sharply-during-pandemic-and-remains-below-pre-pandemic-peakDespite Progress, Pay Gap for Women Persists
… in New York were registered nurses, elementary and middle school teachers, and secretaries and administrative …
https://www.osc.ny.gov/reports/despite-progress-pay-gap-women-persistsCost-of-Living Adjustment – Article 14 Benefits
… begin receiving COLA when you are: 62 or older and retired for five or more years; or 55 or older and retired for ten or more years; or Receiving a disability pension for five or more years. When you die, if you selected an … Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/cost-living-adjustmentPermanent COLA
… on the cost of living index, that permanently increases your retirement benefit. It is designed to address inflation … How is COLA calculated? COLA payments are based on the rate of inflation, as reflected in the consumer price index … payments be calculated based on 50 percent of the annual rate of inflation, measured at the end of the fiscal year (on …
https://www.osc.ny.gov/retirement/publications/permanent-colaDiNapoli: Fix Delays With Child Support Payments
… need correcting. "Child support payments are languishing in government coffers. This is a persistent problem in New York that needs to be fixed," said DiNapoli. "These … to the payer or deposited with the county treasurer or, in New York City, the commissioner of Finance. Funds that …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-fix-delays-child-support-paymentsOpinion 90-55
… This opinion represents the views of the Office of the State Comptroller at the time … whether a village which abolishes its police department is still required to pay a police officer injured in the line … opinion, we concluded that the rights of a firefighter who is employed in a village fire department which is terminated …
https://www.osc.ny.gov/legal-opinions/opinion-90-55