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About Your Membership – Regional State Park Police Plan
Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1867/about-your-membershipService Retirement Benefit – State Police Plan
… birthday occurs. You must file an Application for Service Retirement to receive benefits even if you are required to … sign in to your Retirement Online account , go to the ‘My Account Summary’ area of your Account Homepage and click …
https://www.osc.ny.gov/retirement/publications/1518/service-retirement-benefitMore About This Retirement Plan – Special 20- and 25-Year Plans
… Tier 4 in PFRS.) These benefits are provided by Sections 384, 384-d and 384-e of the New York State Retirement and Social … Tier 2 3 Article 11 5 and 6 members under Sections 384 384d and 384e About This Publication …
https://www.osc.ny.gov/retirement/publications/1517/more-about-retirement-planSpecial Disability Benefits – Special 20- and 25-Year Plans
… disabled because you contracted HIV (where there may have been exposure to bodily fluids that may have involved the transmission of this disease), tuberculosis …
https://www.osc.ny.gov/retirement/publications/1517/special-disability-benefitsAvailable Options – En-Con Police Officers Plan
… benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under this … one year, or sooner, after retiring), nothing will be paid to any beneficiary. Cash Refund — Contributions (Option ½) … actuarial soundness. *If you elect this option, you must submit proof of your beneficiary’s birth date. You can …
https://www.osc.ny.gov/retirement/publications/1822/available-optionsCredit for Previous or Military Service – En-Con Police Officers Plan
… in the Retirement System. Service Before Your Date of Membership You may receive credit for working for a … from Active Duty (DD-214) . Service From a Previous Membership If you previously were a member of this System, or … State, your service may be recredited and your date of membership and tier restored. However, an earlier tier of …
https://www.osc.ny.gov/retirement/publications/1822/credit-previous-or-military-serviceEnding Your Membership – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 1 Members
… … NonContributory Plan with Guaranteed Benefits information for ERS Tier 1 members under Sections 75d and 75e Ending Your Membership …
https://www.osc.ny.gov/retirement/publications/1502/ending-your-membershipEnding Your Membership – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members
… … NonContributory Plan with Guaranteed Benefits information for ERS Tier 2 members under Sections 75d and 75e Ending Your Membership …
https://www.osc.ny.gov/retirement/publications/1507/ending-your-membershipEarnings Limits
… (FAE) , which is used to determine your NYSLRS pension, may be limited. If you earn more than the limit, it will not … Earnings Period Earnings Limit April 1, 2024 – March 31, 2025 $345,000 April 1, 2023 – March 31, 2024 $330,000 April … earnings included in the calculation of a NYSLRS pension may be limited If you earn more than the limit it will not be …
https://www.osc.ny.gov/retirement/members/earnings-limitsContributing Toward Your Retirement – State Police Plan
… we base your contribution rate on what you actually earned in the last completed State fiscal year (April 1 to March …
https://www.osc.ny.gov/retirement/publications/1518/contributing-toward-your-retirementEmployer Seminars
… handy reference tools. We encourage you to take advantage of this service. Employer Education Seminar Learn about … employees to: Learn the essential elements involved in the calculation of their retirement benefit; Acquire information … the presentation; and Receive a detailed guide covering pension information. Individual Consultations — Members can …
https://www.osc.ny.gov/retirement/employers/employer-seminarsWhat is a Defined Benefit Plan?
… to an individual retirement account, and the money in the account is invested. Though the plan may offer pre-packaged investment options, in many cases, it is the responsibility of the employee to … result is that employee contributions are usually higher in defined contribution plans. Financial advisers recommend …
https://www.osc.ny.gov/retirement/members/defined-benefit-planVested Retirement Benefit – En-Con Police Officers Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public employment before retirement age and have five years of credited service. When … payable for your lifetime. You may elect one of several payment options to provide for a continuing payment to a …
https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefitVested Retirement Benefit – Non-Contributory Plan with Guaranteed Benefits
… 1 The date you are eligible to retire depends on your tier. Tier 1 Full vested benefit as early as the first of the … the first of the month following your 55th birthday. Tier 6 Full vested benefit at age 63. Your Vested Benefit The … beneficiary of your choosing after your death. Filing To receive your vested retirement benefit at the earliest …
https://www.osc.ny.gov/retirement/publications/1513/vested-retirement-benefitAbout the Retirement System – What Every Employer Should Know
… and Fire Retirement System (PFRS), created in 1966. NYSLRS is one of the largest public retirement systems in the world. … form , or call 866-805-0990 and press 1. Rev. 1/22 … What every employer should know about NYSLRS and what it …
https://www.osc.ny.gov/retirement/employers/partnership/about-retirement-systemAvailable Options – Regional State Park Police Plan
… benefit. It provides the maximum benefit payment to you each month for the rest of your life. Under this … one year, or sooner, after retiring), nothing will be paid to any beneficiary. Cash Refund — Contributions (Option ½) … actuarial soundness. *If you elect this option, you must submit proof of your beneficiary’s birth date. You can …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsAccidental Death Benefit – En-Con Police Officers Plan
… not due to your own willful negligence, an accidental death benefit may be payable on your behalf. The Benefit The accidental death benefit is a lifetime pension if paid to a surviving …
https://www.osc.ny.gov/retirement/publications/1822/accidental-death-benefitLimitations – En-Con Police Officers Plan
… Tier 1 If your date of membership is June 17, 1971, or later, the wages … if: Your date of membership is before April 1, 1972; and Your FAS is based on the 36 months of earnings … immediately preceding your date of retirement. Tiers 2 and 3 If the earnings in any year included in the FAS period … by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/limitationsBorrowing Against Your Contributions – Non-Contributory Plan with Guaranteed Benefits
… You may borrow only once in any 90-day period. Prior to retirement, and 30 days after issuance, loans are fully … with an outstanding loan, the annuity portion of your retirement benefit will be permanently reduced . You cannot … Call Center at 1-866-805-0990 (518-474-7736 in the Albany, NY area) and connect with our automated information line. …
https://www.osc.ny.gov/retirement/publications/1513/borrowing-against-your-contributionsItems That May Affect Your Pension – 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/items-may-affect-your-pension