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Divorce – Special 20- and 25-Year Plans
… pension payment option (Tiers 2 and 3); Five and Ten Year Certain pension payment options; Survivor’s benefit for …
https://www.osc.ny.gov/retirement/publications/1517/divorceDivorce – State Police Plan
… Divorce can affect your retirement benefits. The New York State Court of Appeals has determined … that retirement benefits are considered marital property and can be divided between you and your ex-spouse when the …
https://www.osc.ny.gov/retirement/publications/1518/divorceDivorce – Non-Contributory Plan with Guaranteed Benefits
… determined that retirement benefits are marital property and subject to equitable distribution. “Equitable … Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A 55th gives us specific … designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes final. An …
https://www.osc.ny.gov/retirement/publications/1513/divorceDivorce – Police and Fire Plan
… determined that retirement benefits are marital property and subject to equitable distribution. “Equitable … Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific … designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes final. An …
https://www.osc.ny.gov/retirement/publications/1512/divorceDivorce – En-Con Police Officers Plan
… determined that retirement benefits are marital property and subject to equitable distribution. “Equitable … Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific … designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes final. An …
https://www.osc.ny.gov/retirement/publications/1822/divorceDivorce – Article 14 Benefits
… determined that retirement benefits are marital property and are subject to equitable distribution. Equitable … Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific … designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes final. An …
https://www.osc.ny.gov/retirement/publications/1644/divorceDivorce – Regional State Park Police Plan
… The New York State Court of Appeals has determined that retirement … Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific direction … benefits should be divided. However, it does not allow for a distribution of your pension until you actually retire, …
https://www.osc.ny.gov/retirement/publications/1867/divorceDivorce – Career Plan
… determined that retirement benefits are marital property and subject to equitable distribution. “Equitable … Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific … designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes final. An …
https://www.osc.ny.gov/retirement/publications/1642/divorceDivorce – Basic Plan with Increased-Take-Home-Pay (ITHP)
… 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 applies if the terms of a DRO specify otherwise. Beneficiary designations may be …
https://www.osc.ny.gov/retirement/publications/1511/divorceDivorce – New Career Plan
… determined that retirement benefits are marital property and subject to equitable distribution. “Equitable … Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific … designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes final. An …
https://www.osc.ny.gov/retirement/publications/1515/divorceThe Survivor’s Benefit Program for Retired NYS Employees
… the eligibility requirements? There is no need to enroll in the Survivor’s Benefit Program. You are automatically … the 15 years immediately preceding your departure or retirement from State service. Additionally, you must meet … payroll; OR Leave State service at age 62 or older. Who is my beneficiary for this benefit? For current Retirement …
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-retired-nys-employeesMember E-News Archive — 2023
… you receive the latest Retirement System news. December 2023 Help Us Go Green and Get Your 1099-R and Annual … Retirement Savings a Boost A Look Inside NYSLRS November 2023 Retirement Online: The Fastest Way to Get Your 1099-R … Retirement Where Are Your Important Documents? October 2023 Know Anyone Looking for a Career with Purpose? Get the …
https://www.osc.ny.gov/retirement/publications/member-e-news-archive-2023The Domestic Relations Order – Divorce and Your Benefits
… (if applicable) or as the beneficiary of the member’s pension payment option. NYSLRS must have an approved DRO on file, and proof of divorce, to make direct pension payments to an ex-spouse of a member. A copy of the … an Amended Order. Please note that, unlike a private pension plan, the rights of membership in NYSLRS belong only …
https://www.osc.ny.gov/retirement/members/divorce/domestic-relations-orderPublications
… a one-time lump sum payment at retirement, if eligible. World Trade Center Presumption For members involved in the …
https://www.osc.ny.gov/retirement/publicationsDivorce and Your Benefits – Divorce and Your Benefits
… NYSLRS pensions are considered marital property and may be divided when a marriage ends Overview …
https://www.osc.ny.gov/retirement/members/divorceDraft a DRO Using the NYSLRS Template – Divorce and Your Benefits
… agreements reached between parties concerning the division of the pension benefits. While it’s use is not required, DRO …
https://www.osc.ny.gov/retirement/members/divorce/draft-dro-using-nyslrs-templatePreparing for Retirement
… Retirement is a big step, and this checklist will help … step with confidence. The timeline guides you through the retirement process and highlights important topics and … service Contribution and loan balances Employment and salary data Projection of pension benefits (provided for most …
https://www.osc.ny.gov/retirement/members/preparing-retirementDeath Benefits – Divorce and Your Benefits
… and file the appropriate beneficiary designation with NYSLRS. A DRO may direct a member to designate the ex-spouse to receive a portion of the ordinary death benefit. The ex-spouse’s portion is … ensures that the ex-spouse will receive a portion of the ordinary death benefit even if the member does not …
https://www.osc.ny.gov/retirement/members/divorce/death-benefitsSubmitting a DRO – Divorce and Your Benefits
… the County Clerk, or an attorney’s certification pursuant to Civil Practice Law and Rules Section 2105. NYSLRS also … such as a copy of the parties’ judgment of divorce. Submit the DRO and a copy of the judgment of divorce to: NYSLRS Matrimonial Bureau 110 State Street Mail Drop 7-9 …
https://www.osc.ny.gov/retirement/members/divorce/submitting-droDetermining the Ex-spouse's Share – Divorce and Your Benefits
… and is receiving a monthly pension benefit. Unless the DRO explicitly states otherwise, the ex-spouse will not … on the equitable distribution formula provided in the DRO. Finally, that percentage is applied to the hypothetical …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-share