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Automated Phone Service
… your current federal withholding status. To request a W-4P form. 5 – COLA Eligibility — For information about …
https://www.osc.ny.gov/retirement/retirees/automated-phone-serviceWithdrawing Your Contributions and/or Your Membership – Article 14 Benefits
… If you leave public employment with at least five, but less than ten, years of … (RS5014) no earlier than 15 days after you leave public employment. If you have at least five years of credited …
https://www.osc.ny.gov/retirement/publications/1644/withdrawing-your-contributions-andor-your-membershipBorrowing Against Your Contributions – Special 20- and 25-Year Plans
… loan at least once every three months or do not complete payment within five years from the date the loan was issued. … , each loan has a separate five-year due date and minimum payment. These minimum payments are added together for a total minimum payment. This combined repayment amount for multiple loans is …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsContributing Toward Your Retirement – State Police Plan
… contribute toward your retirement. However, you can make voluntary annuity savings contributions, which will earn interest and … (on your membership application) to determine your contribution rate. Part-time employee contribution rates are …
https://www.osc.ny.gov/retirement/publications/1518/contributing-toward-your-retirementTransferring or Terminating Your Membership
… Tier Reinstatement Tier Reinstatement is a method of restoring a membership that has been terminated. … you will benefit from the transferred service, but there are exceptions: Some special retirement plans require …
https://www.osc.ny.gov/retirement/members/transferring-or-terminating-your-membershipPlanning
… your financial future now. The more time you have to do this, the easier it will be for you to reach your goals. … deductions to a credit union, savings account or the New York State (NYS) College Savings Program; Take advantage of …
https://www.osc.ny.gov/retirement/members/planningBorrowing Against Your Contributions – State Police Plan
… If you meet eligibility requirements, you may take a loan from NYSLRS. Tier 2 Members The following … rules apply when borrowing against your contributions: You must be in active service and have at least one year of …
https://www.osc.ny.gov/retirement/publications/1518/borrowing-against-your-contributions-0Available 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-optionsLegislative and Executive Retirement Plan For Tier 1 and 2 Members (Section 80-a)
… elected this plan before July 1, 1972, you will receive a pension equal to 1/40th (2.5%) of your FAS for each year of … this plan on or after July 1, 1972, you will receive a pension equal to 1/40 (2.5%) of your FAS for each year of … is applied only to the first $18,000 of your Single Life Allowance, even if you selected a different option at …
https://www.osc.ny.gov/retirement/publications/legislative-and-executive-retirement-plan-tier-1-and-2-members-section-80Borrowing Against Your Contributions – Article 14 Benefits
… If you meet eligibility requirements, you may take a loan from the Retirement System. Before you apply, you should be aware of the federal tax laws …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsBecoming Eligible for a Benefit – Article 14 Benefits
… of service credit, even if you discontinue your public employment. Vesting is automatic — you do not have to fill … to become vested. As a vested member, you may leave public employment and, at a later date, apply for and receive a …
https://www.osc.ny.gov/retirement/publications/1644/becoming-eligible-benefitPartial Lump Sum Payment – Special 20- and 25-Year Plans
… receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit will be permanently reduced . For most members, you will receive your PLS along with your first pension … month. Eligibility To be eligible for the PLS payment, you must: Retire under a special 20- or 25-year plan; Have …
https://www.osc.ny.gov/retirement/publications/1517/partial-lump-sum-paymentPartial Lump Sum Payment – State Police Plan
… receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit will be permanently reduced . For most members, you will receive your PLS along with your first pension … month. Eligibility To be eligible for the PLS payment, you must: Retire under a special 20- or 25-year plan; Have …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-paymentContributing Toward Your Retirement – Special 20- and 25-Year Plans
… these contributions before you retire, you may be taxed on more than just the interest portion of your refund, and … your retirement benefits until you retire, unless your plan limits creditable service to 20, 25 or 32 years.* In … rate on what you actually earned in the last completed State fiscal year (April 1 to March 31). Part-time employee …
https://www.osc.ny.gov/retirement/publications/1517/contributing-toward-your-retirementWithdrawing Your Contributions and/or Your Membership – State Police Plan
… reach age 55 (age 63 for vested Tier 6 members who are off payroll). It is up to you to apply for your retirement …
https://www.osc.ny.gov/retirement/publications/1518/withdrawing-your-contributions-andor-your-membershipPayment for Service Credit – Article 14 Benefits
… As a Tier 3 member covered by Article 14, you will usually be required to pay for service currently not credited to you. There are two kinds of past service costs — mandatory … optional. Mandatory costs are required for service credit you earned as a member but for which you made no (or …
https://www.osc.ny.gov/retirement/publications/1644/payment-service-creditSelected Aspects of Capital Program Project Management
… in the work needing to be corrected. These included broken speed bumps, debris left by the contractor within train …
https://www.osc.ny.gov/state-agencies/audits/2019/07/29/selected-aspects-capital-program-project-managementDiNapoli: NYC Immigrant Workforce Below 2015 Peak
… to the city’s peak in 2015. There are still many barriers for individuals who come to the U.S. looking for work and a better life. Federal immigration policy must … but in late 2017, the federal government ended the program for people coming to the U.S. from El Salvador, Haiti, …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-nyc-immigrant-workforce-below-2015-peakEligibility, Your Vested Benefit and Filing – Article 14 Benefits
… Eligibility You are eligible for a vested retirement benefit if you leave public employment and … credited service. You can choose to begin receiving your vested benefit at your early retirement age or when you reach … completed 20 years of service credit. The amount of your vested benefit will be based on your service, age at …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingMaking Adjustments to Earnings and Days Worked – Enhanced Reporting
… If you need to correct a member’s earnings or days worked, … . Adjustments can be included in your regular report file. You can only adjust previously reported data. If you are adjusting Days only, you only need Transaction 3 on …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/making-adjustments-earnings-and-days-worked