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Available Options – Regional State Park Police Plan
… It provides the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … option will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your … option will provide you with a reduced monthly benefit for your lifetime. It guarantees that if you die before …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsReceiving Your Benefit and Filing Your Option Election – Regional State Park Police Plan
… all of which will provide you with a monthly benefit for life. For example, you may elect the Single Life Allowance, which … may elect to receive a smaller monthly benefit to provide for a possible payment to a designated beneficiary after your …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-electionLimitations – Regional State Park Police Plan
… is excluded from the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will … 20 percent is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the … 20 percent is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the …
https://www.osc.ny.gov/retirement/publications/1867/limitationsOverview – Regional State Park Police Plan
… Payments made as a result of working your vacation; Any form of termination pay; Payments made in anticipation of …
https://www.osc.ny.gov/retirement/publications/1867/overviewAdditional Service Credit for Sick Leave (Section 341[j]) – Regional State Park Police Plan
… example, if you have 19½ years of service credit but your pension will improve substantially if you have 20 years, your … credit cannot be used to reach the 20 years. Increase your pension beyond the maximum amount payable under your … Tier 1 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1867/additional-service-credit-sick-leave-section-341jApplying for Previous or Military Service Credit – Regional State Park Police Plan
… To receive credit for any type of previous or military service, send a written request (which must be …
https://www.osc.ny.gov/retirement/publications/1867/applying-previous-or-military-service-creditCredit for Previous or Military Service – Regional State Park Police Plan
… You may be able to obtain credit for your previous public employment or military service. It … service is any period of time you received salary from a participating employer before that employer elected to … and tier restored. However, an earlier tier of membership does not always result in a better benefit. Please review …
https://www.osc.ny.gov/retirement/publications/1867/credit-previous-or-military-serviceCreditable Service – Regional State Park Police Plan
… Police may also be creditable toward the 25 years required for service retirement eligibility. Service performed in … benefit. … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867/creditable-serviceLeaves of Absence – Regional State Park Police Plan
… unpaid medical leaves of absence; or Unpaid leave under the federal Family and Medical Leave Act. Workers’ …
https://www.osc.ny.gov/retirement/publications/1867/leaves-absenceRegional State Park Police Plan – Regional State Park Police Plan
… Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867Vested Retirement Benefit – Non-Contributory Plan with Guaranteed Benefits
… Eligibility You are eligible for a vested retirement benefit if you leave public employment before retirement age and you have five years of credited … you were an active member. 1 The date you are eligible to retire depends on your tier. Tier 1 Full vested benefit as …
https://www.osc.ny.gov/retirement/publications/1513/vested-retirement-benefitFull- and Part-Time Service Credit – Regional State Park Police Plan
… Full-Time Employment If you join the Retirement System on the day you begin employment with a … employer and work on a full-time, continuous basis, we calculate your retirement service credit by subtracting your beginning date …
https://www.osc.ny.gov/retirement/publications/1867/full-and-part-time-service-creditEnding Your Membership – Regional State Park Police Plan
… service and seven years have elapsed since you last worked for a participating public employer; 1 If you are not vested, … 10/22 … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867/ending-your-membershipBecoming Eligible for a Benefit – Regional State Park Police Plan
… have accrued five years of credited service, you will be vested. This means you have earned the right to receive a … and 5 members who are off public payroll may collected a vested retirement benefit at age 55. Tier 6 members who are off public payroll may collect a vested retirement benefit at age 63. The amount of your …
https://www.osc.ny.gov/retirement/publications/1867/becoming-eligible-benefitContributing Toward Your Retirement – Regional State Park Police Plan
… Tier 1, 2 and 3 Members If you are a Tier 1 or 2 member, or a Tier 3 member covered by Article 11 benefits, you are not required to contribute toward your … less 3% $45,000.01 to $55,000 3.5% $55,000.01 to $75,000 4.5% $75,000.01 to $100,000 5.75% More than $100,000 6% There …
https://www.osc.ny.gov/retirement/publications/1867/contributing-toward-your-retirementStay Informed – Regional State Park Police Plan
… you understand your benefits and stay informed. Register for Retirement Online , a convenient and secure way to … information, view and update beneficiaries, and apply for a loan. Review your Member Annual Statement carefully and … booklets and brochures , and get tips on preparing for retirement . Attend a pre-retirement presentation to …
https://www.osc.ny.gov/retirement/publications/1867/stay-informedReceiving Your Benefits – Regional State Park Police Plan
… Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefitsWorld Trade Center Presumption – Regional State Park Police Plan
… World Trade Center Presumption law. 1 You may be eligible for an accidental disability retirement benefit if you become … requirements and filing deadlines that must be met for these benefits. For more information, visit our World Trade Center …
https://www.osc.ny.gov/retirement/publications/1867/world-trade-center-presumptionDeath Benefits – Regional State Park Police Plan
… Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867/death-benefitsDisability Retirement Benefits – Regional State Park Police Plan
… Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867/disability-retirement-benefits