Leave it to a Brooklyn boy not to know guns! I was a little east of you as a kid.
OK, cycle the bolt so the rifle is cocked. Engage the safety to the upright postion. Remove bolt. Do not disingauge safety. There is a pin next to the bolt handle that you depress and just un-screw the bolt body from the top ring. Now use a block of wood and press the firing pin into it untill the cocking sleeve is above the ring. Turn the ring 1/4 turn and slowly release pressure, I do mean slowly. The pin and cocking sleeve will release from the ring. The pin and spring will slide off.