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Tier 1 Death Benefits – Police and Fire Plan
… Benefit This benefit is equal to 1/12th (8.33 percent) of your last year’s earnings, multiplied by your years of service credit, up to 36 years. Alternative Death Benefit … payable. This benefit would be equal to the initial value of your pension under the provisions of the Non-Contributory …
https://www.osc.ny.gov/retirement/publications/1512/tier-1-death-benefitsTier 1 Death Benefits – Non-Contributory Plan with Guaranteed Benefits
… Benefit This benefit is equal to 1/12th (8.33 percent) of your last year’s earnings, multiplied by your years of service credit, up to 36 years. Alternative Death Benefit … payable. This benefit would be equal to the initial value of your pension under the provisions of the Non-Contributory …
https://www.osc.ny.gov/retirement/publications/1513/tier-1-death-benefitsTier 1 Death Benefits – New Career Plan
… multiplied by your years of service credit, up to 36 years. Alternative Death Benefit If you die while in …
https://www.osc.ny.gov/retirement/publications/1515/tier-1-death-benefitsContributing Toward Your Retirement – Career Plan
… to contribute toward your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These contributions, plus the interest they earn, will provide you with an annuity …
https://www.osc.ny.gov/retirement/publications/1642/contributing-toward-your-retirementAccidental Disability – State University Police Plan
… job as the natural and proximate result of an on-the-job accident that was not due to your own willful negligence, you … after contact with members of the public. Notice of Accident To be eligible for this benefit, you must file an … retirement benefit within one year following the alleged accident. Otherwise, you must have filed a written notice of …
https://www.osc.ny.gov/retirement/publications/1823/accidental-disabilityBorrowing Against Your Contributions – Article 14 Benefits
… balance when you retire will permanently reduce your pension. You cannot pay off your loan once you retire. The amount of your pension reduction will be based on your age, the loan balance … changes annually. At Age Outstanding Loan Balance Annual Pension Reduction 45 $5,000 $232 $10,000 $464 55 $5,000 $279 …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsContributing Toward Your Retirement – Article 14 Benefits
… of your gross earnings toward your retirement benefits for 25 years or until retirement, whichever is earlier. If you … Article 14 information for PFRS Tier 3 members Covers pension …
https://www.osc.ny.gov/retirement/publications/1644/contributing-toward-your-retirementTier 1 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… multiplied by your years of service credit up to 36 years. Alternative Death Benefit If you die while in service, but after having become eligible to retire, an alternative death benefit may be payable. This benefit would …
https://www.osc.ny.gov/retirement/publications/1511/tier-1-death-benefitsContributing Toward Your Retirement – New Career Plan
… to contribute toward your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These contributions, plus the interest they earn, will provide you with an annuity …
https://www.osc.ny.gov/retirement/publications/1515/contributing-toward-your-retirementContributing Toward Your Retirement – Non-Contributory Plan with Guaranteed Benefits
… to contribute toward your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These contributions, plus the interest they earn, will provide you with an annuity …
https://www.osc.ny.gov/retirement/publications/1513/contributing-toward-your-retirementAccidental Disability – Article 14 Benefits
… Eligibility You may be eligible for an accidental disability retirement benefit if: You are unable to perform … or mental incapacity and It is determined that the disability is the natural and proximate result of an accident … negligence. or You are awarded primary Social Security disability benefits and It is determined that the disability …
https://www.osc.ny.gov/retirement/publications/1644/accidental-disabilityAccidental Death Benefit – Article 14 Benefits
… benefit may be payable on your behalf. The Benefit This is a pension equal to one-half (50 percent) of your FAS and is eligible for full escalation. ( Learn more about escalation. ) The benefit is paid to your beneficiaries, in this order: To your …
https://www.osc.ny.gov/retirement/publications/1644/accidental-death-benefitAccidental Disability – Forest Rangers Plan
… job as the natural and proximate result of an on-the-job accident not due to your own willful negligence, you may be … after contact with members of the public. Notice of Accident To be eligible for this benefit, you must file an … retirement benefit within one year following the alleged accident. Otherwise, you must have filed a written notice of …
https://www.osc.ny.gov/retirement/publications/1864/accidental-disabilityApplying for Previous or Military Service Credit – Article 14 Benefits
… To receive credit for previous or military service, send a written request (which must be … if your service credit is in order. Records we need to verify your service will be more readily available. If you … service brings your total credited service to ten or more years, you will no longer be eligible to withdraw …
https://www.osc.ny.gov/retirement/publications/1644/applying-previous-or-military-service-creditAdditional Service Credit for Sick Leave (Section 341[j]) – Article 14 Benefits
… to offer this benefit, you may receive service credit for your unused, unpaid sick leave days at retirement. To be eligible for this benefit, you must retire directly from public … unpaid sick leave days, which cannot exceed 165 (200 days for some members), by 260. Contact your employer or refer to …
https://www.osc.ny.gov/retirement/publications/1644/additional-service-credit-sick-leave-section-341jFull- and Part-Time Service Credit – En-Con Police Officers Plan
… basis, we calculate your retirement service credit by subtracting your beginning date of employment from the … 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/full-and-part-time-service-creditAccidental Disability – En-Con Police Officers Plan
… job as the natural and proximate result of an on-the-job accident that was not due to your own willful negligence, you … after contact with members of the public. Notice of Accident To be eligible for this benefit, you must file an … retirement benefit within one year following the alleged accident. Otherwise, you must have filed a written notice of …
https://www.osc.ny.gov/retirement/publications/1822/accidental-disabilityAccidental Disability – Special 20- and 25-Year Plans
… job as the natural and proximate result of an on-the-job accident not due to your own willful negligence, you may be … benefit regardless of the amount of service you have. “Accident” has a specific meaning with NYSLRS disability … benefits. We determine whether an incident is an “accident” on a case-by-case basis, using court decisions for …
https://www.osc.ny.gov/retirement/publications/1517/accidental-disabilityAccidental Disability – Career Plan
… job as the natural and proximate result of an on-the-job accident not due to your own willful negligence, you may be … after contact with members of the public. Notice of Accident To be eligible for this benefit, you must have filed a written notice of the accident with: The Retirement System within 90 days of the …
https://www.osc.ny.gov/retirement/publications/1642/accidental-disabilityOrdinary Death Benefit – Article 14 Benefits
… you are on the payroll; or While you are on an authorized medical leave for up to two years (which may be extended for … first $50,000 of this benefit is paid in the form of group term life insurance, which is currently exempt from federal …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-death-benefit