This Handbook provides an overview of federal laws affecting the elderly and retirement issues. Information discussed includes age discrimination in employment, elder abuse & exploitation, power of attorney & guardianship, Social Security and other retirement and pension plans, Medicare, and much more in 22 pages of materials.
Senior Retirement Forums In Bronx
Category:
State:
Multi-State
County:
Bronx
Control #:
US-001HB
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
The Community Services for the Elderly program provides community-based, supportive services to frail, low-income older adults who need assistance to maintain their independence at home.
To help older New Yorkers maintain their health and independence, AAAs provide important services such as home delivered meals, congregate meals, nutrition counseling, health insurance counseling, caregiver support services, and much more.
Older Adult Centers are located throughout the five boroughs of New York City. They were also known as Senior Centers. These centers offer a variety of programs and services to New Yorkers ages 60 and older.
Tier 4 has better reduction factors if you retire before age 62 with less than 30 years of service; and, Your maximum pension factor is unlimited under Tier 4, but is limited to 60% under Tier 3.
Vesting is automatic; you do not have to fill out any paperwork to become vested. Tier 1, 2, 3 or 4 members who have at least five years of credited service are vested. As of April 9, 2022, Tier 5 and 6 members also only need five years of service credit to be vested.
“Vesting” in a retirement plan means ownership. This means that each employee will vest, or own, a certain percentage of their account in the plan each year. An employee who is 100% vested in his or her account balance owns 100% of it and the employer cannot forfeit, or take it back, for any reason.
Contact Us If you have trouble using Retirement Online or are unable to register for an account, please call our Contact Center at 866-805-0990 or 518-474-7736 in the Albany, New York area.
Eligibility. You will be eligible for a service retirement benefit when you reach age 55, and have five or more years of service credit earned under this plan after July 1, 1973.
If you die within five years of retirement — or ten years, depending upon which option you elect — your beneficiary will receive the same monthly benefit amount you were receiving (without COLA) for the remainder of the five- or ten-year period. You can change your beneficiary within the five- or ten-year period.
You will need an appointment for a pre-retirement consultation. To schedule one, please call 866-805-0990. Appointments are available by phone or in-person at our offices located in: Albany.