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Ordinary Disability – Article 14 Benefits
… year of credited service, up to 25 years. It is reduced by 100 percent of any Workers’ Compensation benefit payable …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-disabilityAccidental Death Benefit – Article 14 Benefits
… not due to your own willful negligence, an accidental death benefit may be payable on your behalf. The Benefit This is a … survivorship rights in a separation agreement, until death or remarriage;* To your surviving children, until they …
https://www.osc.ny.gov/retirement/publications/1644/accidental-death-benefitNormal Retirement – Article 14 Benefits
… Filing Your Application for Service Retirement (RS6037) must be on file with the Office of the State …
https://www.osc.ny.gov/retirement/publications/1644/normal-retirementAccidental Disability – Article 14 Benefits
… accident sustained in the performance of duties not caused by your own willful negligence. or You are awarded primary … accident sustained in the performance of duties not caused by your own willful negligence. There is no minimum service … equal to one-half (50 percent) of your FAS and is reduced by 100 percent of any Workers’ Compensation benefit payable …
https://www.osc.ny.gov/retirement/publications/1644/accidental-disabilityOrdinary Death Benefit – Article 14 Benefits
… the next highest multiple of $1,000. The salary is limited by Section 130 of the Civil Service law. The first $50,000 of …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-death-benefitEligibility, Your Vested Benefit and Filing – Article 14 Benefits
… your early retirement age, your benefit will be reduced by the percentages shown: 6.67 percent for each year your … about escalation. When you turn 62, the benefit is reduced by 50 percent of your primary Social Security benefit. Filing …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingStay Informed – Article 14 Benefits
… to our blog, New York Retirement News , where you’ll find tools to help you understand your benefits, as well as …
https://www.osc.ny.gov/retirement/publications/1644/stay-informedOut-of-Service Death Benefit – Article 14 Benefits
… If you are a vested member with at least ten years of credited service, … as soon as possible so we can send the appropriate forms to your beneficiary. … Article 14 information for PFRS Tier 3 …
https://www.osc.ny.gov/retirement/publications/1644/out-service-death-benefitEscalation – Article 14 Benefits
… of a benefit, based on the cost-of-living index. Service retirement benefits can be eligible for either full or … amount paid. The full escalation date for a service retirement is the first day of the month following the date … of service credit. If you begin collecting your service retirement benefit prior to the full escalation date, your …
https://www.osc.ny.gov/retirement/publications/1644/escalationFull- and Part-Time Service Credit – Article 14 Benefits
… employer, we calculate your retirement service credit by subtracting your beginning date of employment from the … your full career in public service. “Full-time” is defined by your employer, but must be at least six hours per day, for …
https://www.osc.ny.gov/retirement/publications/1644/full-and-part-time-service-creditAvailable Options – Article 14 Benefits
… or sooner, after retiring), nothing will be paid to any beneficiary. Joint Allowance — Full* This option will provide … lifetime, and is based on your birth date and that of your beneficiary. After your death, your beneficiary will receive … designate only one beneficiary and you cannot change your designation after your retirement. If your beneficiary is …
https://www.osc.ny.gov/retirement/publications/1644/available-optionsVillage of Rhinebeck – Water Fees (2013M-311)
… The Board of Trustees comprises four elected members and an elected Mayor. The Village’s budgeted water fund … The Village’s internal controls over billing, collecting and enforcing water fees need to be improved. The Clerk’s … not prepared in accordance with the Village’s local law, and the Board did not approve all customer account …
https://www.osc.ny.gov/local-government/audits/village/2014/01/17/village-rhinebeck-water-fees-2013m-311Town of Ashland – Long-Term Planning (2024M-114)
… 2007 backhoe and 2011 mower are beyond their usable life by an average of almost six years, and he shared that both …
https://www.osc.ny.gov/local-government/audits/town/2024/12/24/town-ashland-long-term-planning-2024m-114Withdrawing Your Contributions and/or Your Membership – Article 14 Benefits
… not qualify for a retirement benefit, you should file the Withdrawal Application (RS5014) no earlier than 15 days …
https://www.osc.ny.gov/retirement/publications/1644/withdrawing-your-contributions-andor-your-membershipMore About This Retirement Plan – Article 14 Benefits
… plan summary describes benefits provided by Article 14 of the Retirement and Social Security Law (RSSL) as enacted … and Local Retirement System, headed by the Comptroller of the State of New York, administers this plan. Our main office is in …
https://www.osc.ny.gov/retirement/publications/1644/more-about-retirement-planA Message From Comptroller Thomas P. DiNapoli – Article 14 Benefits
… explains some of those benefits and the services available to you as a member of our system, including: Benefits you … if you leave public service before you become eligible to retire (vested benefits). I am joined by a staff of dedicated professionals in my commitment to helping you make informed decisions about your future. I …
https://www.osc.ny.gov/retirement/publications/1644/message-comptroller-thomas-p-dinapoliDiNapoli Op-Ed in Crain's New York Business
… revenue growth and an unprecedented infusion of federal money. Federal aid stabilized state finances, enabling New … will benefit communities disproportionately impacted by the pandemic, as well as specifics on expenditures, … government financial records, track state contracts, and find commonly requested data. … Crains New York Business …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-op-ed-crains-new-york-businessRetirement System Membership – Article 14 Benefits
… Police officers and paid firefighters working for employers that participate in the New York State and Local Police and Fire Retirement System (PFRS) must become members of the …
https://www.osc.ny.gov/retirement/publications/1644/retirement-system-membershipContributing Toward Your Retirement – Article 14 Benefits
… for federal income tax; Reported as wages for New York State and local income taxes; Reported as wages for Social Security; Reported as wages to the New York State and Local Retirement System, and used in the …
https://www.osc.ny.gov/retirement/publications/1644/contributing-toward-your-retirementNY ABLE Program Helps New Yorkers With Disabilities and Their Families Cover Costs
… New York state has a new savings plan, called the New York Achieving a Better Life Experience ( NY ABLE ) program, designed to help individuals with … ABLE program allows New Yorkers with disabilities to save money in their own names without risking their Supplemental …
https://www.osc.ny.gov/press/releases/2017/10/ny-able-program-helps-new-yorkers-disabilities-and-their-families-cover-costs