A Special Plan for Town of Elmira District #1 Traffic Officers (Sections 89-q and 603(m))
A special 25-year retirement plan providing an alternative retirement benefit for Town of Elmira traffic district #1 traffic officers became effective July 19, 1995. The features of this plan are briefly described in this brochure.
For information about other benefits available to you, please consult the summary of your regular plan, which is available on our website or from our Call Center.
Eligibility
Tier 1, 2, 4, 5 and 6 members are automatically covered by this retirement plan. Tier 3 members had to elect this plan by September 1, 1996. This election is irrevocable and provides Tier 3 members coverage under the Tier 4 benefits of this plan. The Town of Elmira must certify eligible employees.
Creditable Service
Creditable service includes all service performed as a traffic officer in the Town of Elmira traffic district #1.
Credit may also be granted for service earned in the following eligible titles:
- Member or officer of the New York State Police;
- Paid firefighter or police officer or officer of any organized fire department or police force or department of any county, city, town, fire or police district;
- Certain military service.
Since it may be necessary for you to purchase or transfer some of this service, please contact us to determine eligibility.
Retirement Benefit
Sections 89-q and 603(m) of the Retirement and Social Security Law (RSSL) provide a benefit equal to 50 percent of your final average salary on completion of 25 years of creditable service, regardless of age.
When you retire, if you are eligible for a benefit under your regular retirement plan, we will compare that benefit to the one payable under Section 89-q or 603(m) and pay the greater of the two benefits.
Disability and Death Benefits
Please consult the summary of your regular retirement plan for information about disability or death benefits.
For More Information
If you have any questions,
- Visit our website
- Contact our Call Center toll-free at 1-866-805-0990, or 518-474-7736 in the Albany, New York area
- Fax us at 518-402-4433 or
- Write to us at:
New York State and Local Retirement System
110 State Street
Albany, NY 12244-0001
You can also make an appointment to meet with an Information Representative at any of our consultation sites throughout the State. A list of these consultation sites is available on our website or from our Call Center.
VO1839 (Rev. 6/12) ©2012, New York State and Local Employees’ Retirement System
This publication provides a general summary of retirement benefits, rights and responsibilities, and is not a substitute for any New York State or federal law. For specific information about your benefits, please contact us.
Share This
Like what you see? Share it with a friend.