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NYCERS USE ONLY F310 Request for Change to Recent Loan Application Tier 3 Tier 4 and Tier 6 Basic and Special Plan Members This form is ONLY for Tier 3 Tier 4 and Tier 6 Basic and Special Plan members who have submitted a Loan Application and the Voucher Date has not passed. CALL OR VISIT NYCERS TO CHECK THE STATUS OF YOUR LOAN BEFORE SUBMITTING THIS FORM. If your loan has already been vouchered and the loan check has been issued you cannot make .

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If you apply online and select Direct Deposit (Electronic Funds Transfer, or EFT), your loan will be processed in three (3) business days and your funds will be deposited directly into your savings or checking account.

In addition, if you are under the age of 59½ you will also be subject to the 10% early distribution penalty tax assessed by the IRS. Exceptions to this penalty may apply, especially if you leave City service during or after the year in which you attain age 55.

If you prefer to meet with an NYCERS Representative in person, you must call the Call Center at (347) 643-3000 to schedule an appointment. Phone and video consultations are also available.

Your eligibility status is displayed in MyNYCERS. If you are eligible, you may apply for a loan online. If you are not eligible, the status message will display the reason why (for example, you have been a NYCERS member for less than one year, or you have not accrued enough money in your NYCERS retirement account).

In person: You may drop off your notarized Loan Application Form #302 in person at NYCERS' Walk-in Center at 340 Jay Street, Brooklyn, NY 11201. The current interest rate on a Tier 3, 4 and 6 loan is 6.2% – 6% basic interest rate plus 0.2% mandatory loan insurance premium.

Usually it takes about 6 - 8 months after your last day paid. However, if there is an unusually large number of retirement applications filed at one time, such as during an Early Retirement Incentive, or if we have difficulty gathering infor- mation, it may take longer.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232