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Borrowing Against Your Contributions – State Police Plan
… you may take a loan from NYSLRS. Tier 2 Members The following rules apply when borrowing against your … after January 1, 2018, the total maximum loan (including all of your outstanding loan balances) is either 50 percent … so you must have an account balance of at least $2,000. All Tiers — Your Loan May Be Federally Taxable Before you …
https://www.osc.ny.gov/retirement/publications/1518/borrowing-against-your-contributions-0Receiving Your Benefit and Filing Your Option Election – Police and Fire Plan
… benefit paid. You can choose from several options, all of which will provide you with a monthly benefit for life. For example, you may elect the Single Life Allowance, which provides the maximum amount payable during your lifetime, with nothing …
https://www.osc.ny.gov/retirement/publications/1512/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – Non-Contributory Plan with Guaranteed Benefits
… benefit paid. You can choose from several options, all of which will provide you with a monthly benefit for life. For example, you may elect the Single Life Allowance, which provides the maximum amount payable during your lifetime, with nothing …
https://www.osc.ny.gov/retirement/publications/1513/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – New Career Plan
… benefit paid. You can choose from several options, all of which will provide you with a monthly benefit for life. … lifetime, with nothing payable to a beneficiary upon your death. Or, you may elect to receive a smaller monthly benefit … payable to change your selection. If you are a disability retiree, you may change your option selection up to 30 days …
https://www.osc.ny.gov/retirement/publications/1515/receiving-your-benefit-and-filing-your-option-electionEligibility, the Benefit and Filing – Career Plan
… Eligibility Tier 1 Members: You are eligible to retire at age 55. Tier 2 and 3 Members: You … least five years of service credit after July 1, 1973. You are eligible to retire with full benefits at age 62, or may … You must have at least five years of service credit. You are eligible to retire with full benefits at age 62, or may …
https://www.osc.ny.gov/retirement/publications/1642/eligibility-benefit-and-filingPart 85 Application for Permission of State Comptroller
Part 85 Application for Permission of State Comptroller
https://www.osc.ny.gov/files/local-government/data/pdf/part85regs.pdfBorrowing Against Your Contributions – Special 20- and 25-Year Plans
… payment goes down. With a refinanced loan , you add the new loan amount to your existing balance and refinance the entire amount as one new loan. The minimum repayment amount for a refinanced loan …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsApplication for World Trade Center Accidental Disability Presumption (RS6047-W)
For NYSLRS members involved in the rescue, recovery or clean up operations of the World Trade Center aftermath to apply for a disability retirement.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs6047-w.pdfLoans: Applying and Repaying
NYSLRS members may be eligible to borrow against their retirement contributions if they meet eligibility requirements
https://www.osc.ny.gov/retirement/members/loans-applying-and-repayingApplication for Environmental Conservation and Regional State Park Police Disability Retirement - Section 363-e (PF6091)
For NYSLRS Environmental Conservation and Regional State Park Police members to apply for disability retirement.
https://www.osc.ny.gov/files/retirement/forms/pdf/pf6091.pdfPlanning
… Online Retirement Estimator ( disponsible en español ) or you can get your personal Social Security Statement online … answer, remember, you may be retired for 15 to 20 years or longer. That means that inflation will have 15 or 20 years … Top) Step 4: Develop a Savings Plan Your Savings Plan The single most important key to a successful savings plan is to …
https://www.osc.ny.gov/retirement/members/planningFrequently Asked Questions – World Trade Center Presumption
… file a Notice of Participation on or before September 11, 2026. There is no deadline for you to file for a World Trade … the World Trade Center Notice on or before September 11, 2026. I participated in the rescue, recovery and cleanup … including filing a Notice on or before September 11, 2026, you can file an Application for World Trade Center …
https://www.osc.ny.gov/retirement/publications/world-trade-center/frequently-asked-questionsLife Changes: What If I Leave Public Employment?
… apply by mail by submitting the Withdrawal Application (RS5014) . You must be off the payroll for at least 15 days …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-leave-public-employmentAnnual Wage for New Tier 6 Employees
… the employee’s wage. When to Submit the Annual Wage The law requires employers to provide the employee’s projected …
https://www.osc.ny.gov/retirement/employers/annual-wage-new-tier-6-employeesWithdrawal Application (RS5014)
To end their membership and withdraw from the New York State and Local Retirement System, NYSLRS members use form RS5014.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs5014.pdfComptroller DiNapoli & A.G. Schneiderman Announce Felony Conviction of Upstate Woman for Pension Fraud and Welfare Fraud
… New York State Comptroller Thomas P. DiNapoli and Attorney … the conviction of Tammy Banack, a resident of Kirkville, New York, of the crime of Grand Larceny in the Third Degree, … stealing over $67,000 in pension benefits issued by the New York State and Local Retirement System to her deceased …
https://www.osc.ny.gov/press/releases/2017/03/comptroller-dinapoli-ag-schneiderman-announce-felony-conviction-upstate-woman-pension-fraud-andArchived: Legislative Session 2015 –2016
… Laws of 2015 – A.7915 (Magnarelli) / S.5867 (Marchione) – To increase the accountability and improve the efficiency and … Laws of 2016 – A.7675 (Buchwald) / S.5795 (Marcellino) – To provide increased transparency in school district fiscal … / S.5601-C (Golden) – Makes technical changes relating to categorizing certain funds as joint custody and …
https://www.osc.ny.gov/legislation/archived-legislative-session-2015-2016Borrowing Against Your Contributions – Article 14 Benefits
… that causes your loan to exceed the federal limits for nontaxable loans. Exceeding these limits could result in significant tax consequences for you. You do not make the required payments on your loan … loan balances must be at least 2 percent of your salary. You may borrow only once in any 12-month period. …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsOpinion 88-53
… -- Retirement Benefits (exclusion of compensation for working vacations from calculation of final average … firefighters for working scheduled vacations pursuant to a collective bargaining agreement is not includable in the calculation of one year final …
https://www.osc.ny.gov/legal-opinions/opinion-88-53Eligibility, the Benefit and Filing – Police and Fire Plan
… 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/1512/eligibility-benefit-and-filing