New York State Retirement. All full-time unit members are required by State Law to join the NYS Employees Retirement System. Part-time unit members may elect to join the system. The Retirement System Plan shall be 75-i.
New York State Retirement. A. Unit members who have completed 15 years of full-time service in the district and retiring from the district, and have applied and are eligible for retirement benefits from the New York State Retirement Systems at the time of retirement will be eligible for retiree health insurance. The District will pay 100 percent of the premiums of Blue Point2 Value (single or unit member/spouse), dental and/or vision plans for unit members hired as an administrator in the District prior to July 1, 1997, and unit members hired as an administrator in the District after July 1, 1997 and before July 1, 2006 who had already earned health insurance as a member of another district bargaining group at the time they were hired as an administrator. Unit members may apply the District’s monthly monetary contribution to any available health insurance plan. Unit members hired as an administrator in the District on or after July 1, 1997 shall be required to make a contribution towards medical (single or unit member/spouse coverage), dental and vision insurance(s) equal to the same percentage that he/she contributed as an active employee for the designated plans as of the date of his/her retirement. Unit members may apply the District’s monthly monetary contribution to any available health insurance plan.
B. Unit members who have not completed 15 years of full-time service in the district and are eligible to receive Social Security benefits, and retiring from the district, and have applied and are eligible for retirement benefits from the New York State Retirement Systems at the time of retirement will be eligible for retiree health insurance as follows: 14 years of completed service: The District’s contribution for medical (single or unit member/spouse coverage), dental and vision insurance(s) will be reduced by 5 percent from the amount provided when active. 13 years of completed service: The District’s contribution for medical (single or unit member/spouse coverage), dental and vision insurance(s) will be reduced by 10 percent from the amount provided when active. 12 years of completed service: The District’s contribution for medical (single or unit member/spouse coverage), dental and vision insurance(s) will be reduced by 15 percent from the amount provided when active. 11years of completed service: The District’s contribution for medical (single or unit member/spouse coverage), dental and vision insurance(s) will be reduced by 20 percent from the amount provided when active. ...
New York State Retirement. §27.01 The approved retirement plan will be with the New York State Policemen and Firemen Retirement System. The plan is known as the 25 year non-Contributory Plan. Effective June 1, 1989 the approved retirement plan will be with the New York State Policemen and Firemen Retirement System. The plan is the 375-1, (2%), also noncontributory.
