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Leaves of Absence – Coordinated Plan For ERS Tier 5 Members
… … Coordinated Plan information for ERS Tier 5 members under Article 15 Leaves of Absence …
https://www.osc.ny.gov/retirement/publications/1523/leaves-absenceEnding Your Membership – Coordinated Plan For ERS Tier 5 Members
… … Coordinated Plan information for ERS Tier 5 members under Article 15 Ending Your Membership …
https://www.osc.ny.gov/retirement/publications/1523/ending-your-membershipRetirement System Membership – Coordinated Plan For ERS Tier 5 Members
… Plan information for ERS Tier 5 members under Article 15 Retirement System Membership …
https://www.osc.ny.gov/retirement/publications/1523/retirement-system-membershipEligibility, Your Vested Benefit and Filing – Article 14 Benefits
… retirement benefit if you leave public employment and have five or more years of credited service. You can choose to begin receiving your vested benefit at your early … Your early retirement age is the age at which you would have completed 20 years of service credit. The amount of your …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingDivorce – Article 14 Benefits
… must be stated in the form of a Domestic Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific direction on how your retirement … becomes final. An exception is if the terms of a DRO specify otherwise. Beneficiary designations may be …
https://www.osc.ny.gov/retirement/publications/1644/divorceCost-of-Living Adjustment – Article 14 Benefits
… Once you meet the eligibility requirements, including age and number of … that pays a lifetime benefit to your beneficiary, and the beneficiary is your spouse at the time of death, he or she will be eligible to receive half …
https://www.osc.ny.gov/retirement/publications/1644/cost-living-adjustmentBorrowing Against Your Contributions – Article 14 Benefits
… If you meet eligibility requirements, you may take a loan from … federal tax laws pertaining to Retirement System loans. Your loan will be taxable if: The loan amount exceeds federal … years from the date the loan was issued. You retire or withdraw from the Retirement System and have one or more …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsIRS Pension Limitation – Article 14 Benefits
Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1644/irs-pension-limitationChallenging a Determination – Article 14 Benefits
… denied or improperly calculated, you may request a hearing and redetermination to be held before a hearing officer. Your request must be in writing and filed with the Hearing Administration Bureau within four months of the …
https://www.osc.ny.gov/retirement/publications/1644/challenging-determinationApplying for Benefits – Article 14 Benefits
… To apply for Retirement System benefits, you must file the appropriate application form with the Office of the State Comptroller in a timely manner. Forms are available … State and Local Retirement System 110 State Street Albany, NY 12244 We will consider it filed when it is delivered to us …
https://www.osc.ny.gov/retirement/publications/1644/applying-benefitsAccidental Disability – Article 14 Benefits
Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1644/accidental-disabilityOrdinary Disability – Article 14 Benefits
… Eligibility To qualify for the ordinary disability retirement benefit, you must: Be … primary Social Security disability benefits. The Benefit If approved, this is a benefit equal to the greater of: …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-disabilityAccidental Death Benefit – Article 14 Benefits
… and proximate result of an on-the-job accident, not due to your own willful negligence, an accidental death benefit … on your behalf. The Benefit This is a pension equal to one-half (50 percent) of your FAS and is eligible for full … ( Learn more about escalation. ) The benefit is paid to your beneficiaries, in this order: To your surviving …
https://www.osc.ny.gov/retirement/publications/1644/accidental-death-benefitOut-of-Service Death Benefit – Article 14 Benefits
… If you are a vested member with at least ten years of credited service, have not retired and you die more than one year after leaving public employment, 50 percent of the ordinary death benefit may still be payable. This … benefit may also be payable if you die within one year of leaving covered service but were gainfully employed during …
https://www.osc.ny.gov/retirement/publications/1644/out-service-death-benefitOrdinary Death Benefit – Article 14 Benefits
… An ordinary death benefit may be payable to your designated beneficiary if you … to your beneficiary. … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/ordinary-death-benefitAvailable Options – Article 14 Benefits
… beneficiary will receive the same monthly amount (without COLA) for life. If your beneficiary dies before you, all … receive a specific percentage of your benefit (without COLA) which you select (either 75, 50 or 25 percent) for his … the same monthly amount or one-half that amount (without COLA), depending on which option you elect, to your …
https://www.osc.ny.gov/retirement/publications/1644/available-optionsReceiving Your Benefit and Filing Your Option Election – Article 14 Benefits
… benefit paid. You can choose from several options, all of which will provide you with a monthly benefit for life. … Election form (unless notified otherwise, as in the case of disability retirement) before the first day of the month … your retirement date. You have up to 30 days after your pension benefit becomes payable to change your selection. If …
https://www.osc.ny.gov/retirement/publications/1644/receiving-your-benefit-and-filing-your-option-electionSocial Security Adjustment – Article 14 Benefits
… Security benefit based on public employment in New York State. It is determined using your wages for service with a public employer for which you received retirement credit. The primary Social Security benefit may … Security benefit. This adjustment applies to both service and disability retirements. … Article 14 information for PFRS …
https://www.osc.ny.gov/retirement/publications/1644/social-security-adjustmentEscalation – Article 14 Benefits
… Once you become eligible for a cost-of-living adjustment (COLA), your benefit will include either the COLA or escalation (if eligible), whichever adjustment …
https://www.osc.ny.gov/retirement/publications/1644/escalationRetirement at Age 62 With Less Than 20 Years of Service – Article 14 Benefits
Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1644/retirement-age-62-less-20-years-service