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  • Ny Nyslrs Rs 6340 2018

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Calculations. For all tiers, a disability retirement benefit is generally one-third of your final average salary. However, the benefit may be more or less depending on your age and service credit.

As a NYSLRS member, you are part of a defined benefit plan, also known as a traditional pension plan. Defined benefit plans provide several advantages over the 401(k)-style plans offered by many private employers.

Disability benefits are equal to 50 percent of the employee's average weekly wage for the last eight weeks worked, with a maximum benefit of $170 per week (WCL §204). If counting the last week in which the disability began lowers the benefit rate, it is not included in determining average weekly wage.

You reach the 80 percent earnings limit (or are “restored to earning capacity”) if, in any calendar year, your income from wages and self-employment is at least 80 percent of the current rate of basic pay for the position from which you retired.

Sign in to Retirement Online. From the top of your Account Homepage, in the 'I want to' section, click the “View Pension Check” link.

Certain pension payment options provide a lifetime benefit to a beneficiary. Your beneficiary(ies) may also be entitled to a Post-Retirement Death Benefit, and, if you were employed by New York State, a Survivor's Benefit. When you die, your survivors should contact us as soon as possible.

The Benefit 1.66 percent of your FAS for each year of credited service, plus 1.66 percent of your FAS for each year of service you might have earned if you worked to age 60, but not more than one-third of your FAS.

If you become disabled, but have over 15.4 years of Service Credit and are eligible for a Normal Service Retirement, you may be paid more from a Service Retirement than a Disability Retirement.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
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
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:
1-877-389-0141
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