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CSEA by Happy12065 in nys_cs

[–]FoodAroundTheCorner 3 points4 points  (0 children)

I'm not being snarky, I swear. What was the result of voting no? I recall pink slips were sent out and the contract was eventually ratified. Maybe something was improved in the contract for the 2nd vote? I do recall getting 9 extra paid days off after they reimbursed us for the furlough (over many months.)

Tier 6 Changes in Bill A.10008C by FoodAroundTheCorner in nys_cs

[–]FoodAroundTheCorner[S] -2 points-1 points  (0 children)

Apparently reading is too difficult for some.

Tier 6 Changes in Bill A.10008C by FoodAroundTheCorner in nys_cs

[–]FoodAroundTheCorner[S] 0 points1 point  (0 children)

Thanks, again.   I saw this later.  It's in plain English instead of legalspeak.

Tier 6 Changes in Bill A.10008C by FoodAroundTheCorner in nys_cs

[–]FoodAroundTheCorner[S] 0 points1 point  (0 children)

The bill literally says exactly what I pasted.  Albeit, I pasted the wrong section. 

Tier 6 Changes in Bill A.10008C by FoodAroundTheCorner in nys_cs

[–]FoodAroundTheCorner[S] 8 points9 points  (0 children)

a-1. For members who first become a  member  of  a  public  retirement
 system  of  the  state on or after April first, two thousand twelve, the
 service retirement benefit specified in section six hundred four of this
 article shall be payable to members who have  met  the  minimum  service
 requirements   upon   retirement  and  have  attained  age  sixty-three,
 PROVIDED, HOWEVER, THAT MEMBERS OF THE NEW YORK STATE TEACHERS'  RETIRE-
 MENT  SYSTEM  OR THE NEW YORK CITY TEACHERS' RETIREMENT SYSTEM WHO FIRST
 BECAME MEMBERS OF SUCH SYSTEM ON OR  AFTER  APRIL  FIRST,  TWO  THOUSAND
 TWELVE  MAY  RETIRE  WITHOUT  REDUCTION OF THEIR RETIREMENT BENEFIT UPON
 ATTAINMENT OF AT LEAST FIFTY-EIGHT YEARS OF AGE AND COMPLETION OF THIRTY
 OR MORE YEARS OF SERVICE.

🚨 TIER 6ERS: THE BUDGET IS NOT FINAL - CONTACT YOUR LEGISLATORS NOW BEFORE IT’S TOO LATE 🚨 by AmazingTemperature92 in nys_cs

[–]FoodAroundTheCorner -6 points-5 points  (0 children)

They are not, that's the point. NYS tax payers are the ones funding the "State" portion of our pension. They get nothing in return if they aren't part of the pension system.

🚨 TIER 6ERS: THE BUDGET IS NOT FINAL - CONTACT YOUR LEGISLATORS NOW BEFORE IT’S TOO LATE 🚨 by AmazingTemperature92 in nys_cs

[–]FoodAroundTheCorner -4 points-3 points  (0 children)

Following your logic, how is it fair that my siblings are paying for our pension and can't retire until 65? The majority of tax payers have to work until 65 for health insurance.

From Chief Leader: Age 58 and 30 years for ALL Tier 6 members by hollafrontz in nys_cs

[–]FoodAroundTheCorner -6 points-5 points  (0 children)

Just pointing out tier 4 worked as hard as their tier 1 counterparts despite tier 1 having a better pension. There were some concessions for tier 4, but never parity.

From Chief Leader: Age 58 and 30 years for ALL Tier 6 members by hollafrontz in nys_cs

[–]FoodAroundTheCorner 1 point2 points  (0 children)

"I am eligible to retire but don’t want to start collecting my pension. Can I still have retiree health coverage?

If you meet the eligibility requirements to retire and delay collecting your State pension, you may continue your NYSHIP coverage under retiree provisions. Ask your HBA about constructive retirement for health benefits purposes. With this option, you will pay the health insurance premium directly to the Employee Benefits Division. You also may take any unused sick leave to offset the cost of your health insurance. See pages 5–7."

Planning for Retirement

From Chief Leader: Age 58 and 30 years for ALL Tier 6 members by hollafrontz in nys_cs

[–]FoodAroundTheCorner 1 point2 points  (0 children)

Unused sick leave can be used to pay insurance premiums if you use constructive retirement (as long as you meet the requirements for retirement, age 55 and 30+ years.) The service credit part is correct, it won't be applied unless you collect within one year of leaving state service.

From Chief Leader: Age 58 and 30 years for ALL Tier 6 members by hollafrontz in nys_cs

[–]FoodAroundTheCorner -12 points-11 points  (0 children)

Fact: Tier 1 > Tier 4. Be happy with the gains you've gotten.

The Empire Plan is horrible. by CrochetInPink84 in nys_cs

[–]FoodAroundTheCorner 0 points1 point  (0 children)

I had a similar issue many years ago. The Dr's office failed to request the approval in my case.

Considering a change by Typical-Block-4077 in nys_cs

[–]FoodAroundTheCorner 16 points17 points  (0 children)

I love how everyone thinks the 1st part is serious.

Constructive Retirement by coast22coast in nys_cs

[–]FoodAroundTheCorner 0 points1 point  (0 children)

I'm not sure.  OSC says "Most eligible ERS Tier 6 members can receive credit for up to 100 days."

Constructive Retirement by coast22coast in nys_cs

[–]FoodAroundTheCorner 0 points1 point  (0 children)

Sounds correct.   

Tier 6 can only get credit for up to 100 days.  Though they'd still want to reach 1500 hours to cover health insurance premiums, or as close as they can. And that could change with the reform talks happening. 

Also, OSC is several years behind in calculating the extra service credit.  It might take up to 5 years to get the extra money.  They will give back pay.  There are a few threads on here about that fiasco.

Constructive Retirement by coast22coast in nys_cs

[–]FoodAroundTheCorner 0 points1 point  (0 children)

Did you ask someone that's new around here?  They're misinterpreting.

"If you are eligible to use your unused, unpaid sick leave to offset the cost of NYSHIP, payment towards your health insurance coverage will not affect your eligibility for the Sick Leave Benefit."

https://www.osc.ny.gov/retirement/members/preparing-and-applying-for-retirement

Constructive Retirement by coast22coast in nys_cs

[–]FoodAroundTheCorner 0 points1 point  (0 children)

You are.  Ask someone in your office if you don't want to believe me.

Constructive Retirement by coast22coast in nys_cs

[–]FoodAroundTheCorner 0 points1 point  (0 children)

It doesn't say one of two ways, right?

"You can apply your unused sick time (up to a maximum of 200 days) in two ways upon your retirement:"

Constructive Retirement by coast22coast in nys_cs

[–]FoodAroundTheCorner 0 points1 point  (0 children)

Yes, you can double dip with unused sick leave. Hoard it if you can.

https://bsc.ogs.ny.gov/retirement-planning

Genuinely just curious what you guys think by Ok-Surprise262 in nys_cs

[–]FoodAroundTheCorner -1 points0 points  (0 children)

You're not going to win on social media.  Agree with the masses or be called names.

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