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Available Options – En-Con Police Officers Plan
… This is the basic retirement benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … option will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your …
https://www.osc.ny.gov/retirement/publications/1822/available-optionsReceiving Your Benefit and Filing Your Option Election – En-Con Police Officers Plan
… benefit paid. You can choose from several options, all of which will provide you with a monthly benefit for life. For example, you may elect the … Election form (unless notified otherwise, as in the case of disability retirement) before the first day of the month …
https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-electionLimitations – En-Con Police Officers Plan
… excluded from the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be … is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the calculation … is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the calculation …
https://www.osc.ny.gov/retirement/publications/1822/limitationsOverview – En-Con Police Officers Plan
… of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the … months of service when your earnings were highest. For Tier 6 members, it is the average of your highest 60 … in the FAS;* Holiday pay; Noncompensatory overtime earned for each year in the FAS period;* and Longevity payments …
https://www.osc.ny.gov/retirement/publications/1822/overviewVested Retirement Benefit – Police and Fire Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public … your last public employment determine the vested benefit. For an explanation of your benefit, please refer to the … Benefit section . The vested retirement benefit is payable for your lifetime. You may elect one of several payment …
https://www.osc.ny.gov/retirement/publications/1512/vested-retirement-benefitCreditable Service – En-Con Police Officers Plan
… Creditable service under this special plan includes all service performed as an En-Con officer. Certain military service may also be creditable towards the 25 years required for service retirement eligibility. Service …
https://www.osc.ny.gov/retirement/publications/1822/creditable-serviceState Agencies Bulletin No. 1712
… Training Leave Benefits and Stipends, and OSC’s process for Military Recalculations effective 01/01/2019 Affected … through 12/31/2019 in response to the continuing need for New York State employees in the National Guard and Reserves to be activated federally or by the Governor for military service related to the war on terror. The MOU’s …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1712-2019-extension-military-and-training-leave-benefits-and-stipendsPerformance of Duty Disability – New Career Plan
… Eligibility You may be entitled to this disability benefit if you are found permanently disabled as a result of the performance of your duties, regardless of the amount of service you may have. Notice of Occurrence To be eligible for this benefit, …
https://www.osc.ny.gov/retirement/publications/1515/performance-duty-disabilityOrdinary Disability (Section 362) – New Career Plan
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service plus 1/60th of your FAS for …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Borrowing Against Your Contributions – New Career Plan
… The maximum loan is 75 percent of your annuity savings contribution balance, minus any outstanding loan balance, so … pay off your loan once you retire. The amount of your pension reduction will be based on your age, the loan balance … changes annually. At Age Outstanding Loan Balance Annual Pension Reduction 45 $5,000 $219 $10,000 $439 55 $5,000 $255 …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsRetiring Before Age 62 – New Career Plan
… retire before age 62 will have their benefit reduced by the percentages shown below: Age at Retirement Percentage of …
https://www.osc.ny.gov/retirement/publications/1515/retiring-age-62Contributing Toward Your Retirement – New Career Plan
… benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These … first. These mandatory contributions are not annuity savings contributions and will not provide you with an … effect on January 9, 2010, and is still in effect on the date of membership, may not contribute. Tier 6 Members As a …
https://www.osc.ny.gov/retirement/publications/1515/contributing-toward-your-retirementStay Informed – New Career Plan
… you understand your benefits and stay informed. Register for Retirement Online , a convenient and secure way to … information, view and update beneficiaries, and apply for a loan. Review your Member Annual Statement carefully and … booklets and brochures , and get tips on preparing for retirement . Attend a pre-retirement presentation to …
https://www.osc.ny.gov/retirement/publications/1515/stay-informedDivorce – Non-Contributory Plan with Guaranteed Benefits
… The New York State Court of Appeals has determined that retirement benefits are marital property and subject to … beneficiary designations for certain benefits are revoked when a divorce, annulment or judicial separation becomes …
https://www.osc.ny.gov/retirement/publications/1513/divorceRetiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… NonContributory Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Section …
https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62Eligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… Tier 2 and 3 Members: You must have at least five years of service credit after July 1, 1973. You are eligible to … you must retire by the first day of the month following your 70th birthday, even if you have not elected the special … waived if you are over age 70 at retirement. 1 Updated 10/22 … NonContributory Plan with Guaranteed Benefits …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingState Police Bulletin No. SP-129
… State Police of the new Additional Pay code and procedures for processing Hazardous Duty Pay. Affected Employees … 17 Background Chapter Law 69 of the Laws of 2010 provides for an annual Hazardous Duty Pay Payment to Troopers in … Date(s) Payments will be processed in Pay Period 17L for paychecks dated 12/8/10 Payment Information and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-129-2010-state-police-hazardous-duty-payCUNY Bulletin No. CU-465
… a July 2013 Increment or Increment Code Update based on information available as of the date the report is produced. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-465-july-2013-city-university-new-york-cuny-incrementsCUNY Bulletin No. CU-543
… a July 2016 Increment or Increment Code Update based on information available as of the date the report is produced. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-543-july-2016-city-university-new-york-cuny-incrementsCUNY Bulletin No. CU-508
… a July 2015 Increment or Increment Code Update based on information available as of the date the report is produced. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-508-july-2015-city-university-new-york-cuny-increments