Search
Final Average Salary – Article 14 Benefits
… Your pension is based on your years of credited service and your … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/final-average-salaryEarly Retirement – Article 14 Benefits
… portion thereof) beyond 20 years. Your total benefit cannot exceed 50 percent of your FAS. When you turn 62, the … benefit is reduced by 50 percent of your primary Social Security benefit. This retirement benefit is not … of credited service and a $60,000 FAS Estimated primary Social Security benefit = $12,000 42 percent × $60,000 = …
https://www.osc.ny.gov/retirement/publications/1644/early-retirementOrdinary Disability – Article 14 Benefits
… years of credited service; and Be eligible for primary Social Security disability benefits. The Benefit If approved, this … authorized with your power of attorney may file your Application for Article 14 Disability Retirement Benefits …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-disabilityAccidental Death Benefit – Article 14 Benefits
… of your years of service credit, if you die as the natural and proximate result of an on-the-job accident, not due to … is a pension equal to one-half (50 percent) of your FAS and is eligible for full escalation. ( Learn more about … for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/accidental-death-benefitNormal Retirement – Article 14 Benefits
… normal retirement benefit is reduced by 50 percent of your primary Social Security benefit. Your retirement benefit may … 25 years of credited service and a $60,000 FAS Estimated primary Social Security benefit = $12,000 50 percent × … Total Annual Benefit + Full Escalation Filing Your Application for Service Retirement (RS6037) must be on file …
https://www.osc.ny.gov/retirement/publications/1644/normal-retirementAccidental Disability – Article 14 Benefits
… the disability is the natural and proximate result of an accident sustained in the performance of duties not caused by … the disability is the natural and proximate result of an accident sustained in the performance of duties not caused by …
https://www.osc.ny.gov/retirement/publications/1644/accidental-disabilityAdequacy of 2021 Budgets - Town of North Hempstead (S9-21-12)
… [ read complete report - pdf ] Purpose The purpose of our budget review was to provide an independent evaluation of the Town’s adopted budget for the 2021 fiscal year. … The COVID-19 pandemic (pandemic) has had various levels of impact on the financial operations of local governments …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2021/05/21/adequacy-2021-budgets-town-north-hempstead-s9-21-12Adequacy of 2021 Budgets - Town of Big Flats (S9-21-20)
… cities, towns and villages across the State. The Town of Big Flats (Town) is one of the local governments included in our review. The Town is located in Chemung County. Key Finding Our review found …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2021/05/21/adequacy-2021-budgets-town-big-flats-s9-21-20Ordinary Death Benefit – Article 14 Benefits
… (which may be extended for an additional two years) as long as you have not resigned or are not terminated while … first $50,000 of this benefit is paid in the form of group term life insurance, which is currently exempt from federal income tax. …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-death-benefitSUNY Bulletin No. SU-335
… of America/Graduate Student Employees Union, provides for a location adjustment to employees whose work site is New … Putnam, or Orange county. Each campus is allocated a portion of the Downstate Location Fund based on the number … or the Time Entry Interface (NPAY502) using Earnings Code LOS (or the appropriate non-resident alien earnings code – …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-335-suny-downstate-location-stipend-gsnu-employees-representedSUNY Bulletin No. SU-286
… of America/Graduate Student Employees Union, provides for a location adjustment to employees whose work site is New … Putnam or Orange county. Each campus is allocated a portion of the Downstate Location Fund based on the number … or the Time Entry Interface (NPAY502) using Earnings Code LOS (or the appropriate non-resident alien earnings code – …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-286-suny-downstate-location-stipend-gsnu-employees-representedEligibility, Your Vested Benefit and Filing – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingOpinion 93-22
… This opinion represents the views of the Office of the State Comptroller at the time it was … MONEYS -- Disposition of (when erroneously reported to justice court fund) STATE COMPTROLLER -- Justice Court Fund (procedure to refund bail moneys … Concerning a monthly report to the Justice Court Fund that erroneously reported bail forfeiture …
https://www.osc.ny.gov/legal-opinions/opinion-93-22Stay Informed – Article 14 Benefits
… of retirement topics. Sign up for E-News , our email newsletter, for the latest NYSLRS news and information … dedicated to pre-retirement planning. Read your member newsletter, The Sentinel , for current retirement information …
https://www.osc.ny.gov/retirement/publications/1644/stay-informedOut-of-Service Death Benefit – Article 14 Benefits
… one year after leaving public employment, 50 percent of the ordinary death benefit may still be payable. This vested … notify us of your death as soon as possible so we can send the appropriate forms to your beneficiary. …
https://www.osc.ny.gov/retirement/publications/1644/out-service-death-benefitEscalation – Article 14 Benefits
… Article 14 information for PFRS Tier 3 members Covers pension disability …
https://www.osc.ny.gov/retirement/publications/1644/escalationOversight of the Early Intervention Program (Follow-Up)
… and expensive special education services later. Young children missing these opportunities for early intervention … improve child and family developments. The Department of Health (DOH) oversees both the Program and its contracts with … Child Find system (Child Find) that ensures eligible children in the State are identified, located, and referred …
https://www.osc.ny.gov/state-agencies/audits/2024/09/26/oversight-early-intervention-program-followFull- and Part-Time Service Credit – Article 14 Benefits
… Full-Time Employment If you join the Retirement System on the day you begin employment with a participating … but must be at least six hours per day, for a five-day week. Part-Time Employment Part-time employment is credited …
https://www.osc.ny.gov/retirement/publications/1644/full-and-part-time-service-creditAvailable Options – Article 14 Benefits
… This is the basic retirement benefit. It provides for 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, and is based on your birth date and that …
https://www.osc.ny.gov/retirement/publications/1644/available-optionsWithdrawing Your Contributions and/or Your Membership – Article 14 Benefits
… ten, years of credited service, you may choose to: End your membership and withdraw your accumulated contributions (with interest compounded at 5 percent per year); or Leave your contributions in your account and qualify for a …
https://www.osc.ny.gov/retirement/publications/1644/withdrawing-your-contributions-andor-your-membership