Lump Sum Vacation Payments
For members of certain tiers and plans, we can include a lump sum payment for up to 30 unused vacation days in the calculation of a three-year final average salary. We add this lump sum payment to the member’s last year of earnings.
We cannot include lump sum vacation payments in the calculation of a one-year final average salary.
Tier 1
Include lump sum payments for unused vacation on the Statement of Accrued Payments and Leave Credits Form (RS6221), which you complete in connection with the calculation of a retirement benefit.
Report up to 30 days of unused vacation paid at retirement or termination for Tier 1 members with a date of membership prior to April 1, 1972.
Other Lump Sum Payments
A chart showing available types of lump sum payments, and whether or not to report them, appears below.
| Payment Type | Tiers 1 and 2 | Tiers 3 and 4 | Tiers 5 and 6 |
|---|---|---|---|
| Buy Back | Not reportable | Not reportable | Not reportable |
| Settlement Agreement | Copy of settlement agreement or court order required* | Copy of settlement agreement or court order required* | Copy of settlement agreement or court order required* |
| Holiday | Reportable | Reportable | Reportable |
| Maintenance (clothing, housing, automobile) |
Not reportable | Not reportable | Not reportable |
| Noncompensatory Overtime | Reportable | Reportable | Reportable** |
| Overtime | Reportable | Reportable | Reportable** |
| Personal Leave | Not reportable | Not reportable | Not reportable |
| Pre-Shift Briefing | Reportable | Reportable | Reportable |
| Production Bonus | Reportable | Reportable | Reportable |
| Retirement Bonus/Termination Pay (for time not worked or anticipation of retirement) | Not reportable | Not reportable | Not reportable |
| Retroactive Pay (for active members) |
Reportable | Reportable | Reportable |
| Unused Sick Leave | Not reportable | Not reportable | Not reportable |
| Vacation (at termination or retirement) |
Reportable — Up to 30 days for Tier 1 members with date of membership before 4/1/72. No days worked reported. Do not report for members with date of membership on or after 4/1/72. |
Not reportable | Not reportable |
| Workers’ Compensation | Refer to the Reporting Workers' Compensation Benefits page | Refer to the Reporting Workers' Compensation Benefits page | Refer to the Reporting Workers' Compensation Benefits page |
| *Before sending in any adjustment or payments, please submit the settlement agreement/court documents to NYSLRS Employer Reporting. We will forward to our legal department for review. If the payment is reportable, you will be asked to submit the appropriate payments and adjustments. **See overtime compensation for details. |
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All payments listed above should be included on the Statement of Accrued Payments and Leave Credits form (RS6221).
For questions about reporting lump sum payments or any other miscellaneous payments, please contact the Employer Participation and Education Unit at 518-474-0167, or fax a written request to 518-474-8357.
Rev. 2/20