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New York State Correctional Officers & Police Benevolent Association, Inc. 102 Hackett Blvd. Albany, NY 12209 (518) 4271551 nyscopba nyscopba.org Retiree Chapter Consolidated Form All retirement.

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The Benefit If you retire with 20 or more years of service credit, your retirement benefit will be 2 percent of your Final Average Salary (FAS) for each year of service credit. With less than 20 years of service credit, your benefit will be 1.66 percent of your FAS for each year of service credit.

Competitive wages Paid vacation, sick time, and holidays. Flexible spending accounts. Retirement plans such as 401(k) and 457. Pensions for eligible employees. Military Service Credit eligibility.

The annual benefit equals 50% of the wages you earned during your last year of service, or your annual wage rate if you had less than one year of service. The deceased member's contributions are not refunded to the beneficiaries.

The Transit Authority had the most new retirees, with 1,878 individuals receiving an average benefit of $60,331. That's compared to the $52,751 average benefit received by the Authority's 2020 retirees.

Eligibility for retiree healthcare requires 10 years of pen- sion plan membership and the ability to immediately collect pension benefits; all per current policy. Transportation pass in retire- ment requires 10 years of service. MTA's extra benefits further support your quality of life.

If you retire with less than 20 years of service credit, your benefit will equal 1.66 percent of your Final Average Salary (FAS) for each year of service. With 20 to 30 years of service credit, your benefit will equal 2 percent of your FAS, multiplied by your years of credited service.

State Police officers must retire by the last day of the year in which their 60th birthday occurs. You must file an Application for Service Retirement to receive benefits even if you are required to retire due to age.

Benefits include no deductibles and no coinsurance for in-network providers and no employee premium contributions for dental and vision coverage. The MTA also offers lifetime health, dental, and vision coverage for retirees and their eligible dependents, with no retiree contributions toward premiums.

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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
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
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:
+1 833 426 79 33
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