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Contribution Rates – Employer Contributions and Rates
… Contribution rates are issued by system and broken down by tier and retirement plan: Employer Contribution Rates for ERS Retirement Plans Employer Contribution Rates … the State fiscal year and compares the annualized return on investments to the assumed rate of return as well as to …
https://www.osc.ny.gov/retirement/employers/contributions/contribution-ratesState Agencies Bulletin No. 1314
… contribution rates. Affected Employees Employees enrolled in Tier 6 in the following Retirement Systems: New York State Employees … after March 31, 2012. Effective with the first checks in April 2014, the legislation requires the employee …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1314-tier-6-retirement-contribution-rate-changesState Agencies Bulletin No. 1238
… System (7Y) and Police and Fire Retirement System (7W), no agency action will be necessary. OSC will process a file … system. Information regarding contribution updates for The NY State Teachers Retirement System (7X) will be issued at a … State Employees or the Police and Fire Retirement Systems, no action is necessary as an input file from the retirement …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1238-tier-6-retirement-contribution-rate-changesMember Contributions
… Whether a member contributes, and how much, depends on their tier . However, exceptions may apply to some members … or the Police and Fire Retirement System (PFRS), depending on their retirement plan. Tier 6 ERS and PFRS Tier 6 … offer a non-contributory 20- or 25-year plan was in effect on January 9, 2010, any new employees who joined while that …
https://www.osc.ny.gov/retirement/employers/member-contributionsProjected Invoice
… to calculate your employees’ anticipated earnings based on their retirement system and tier. Retirement System and … 15, 2026. The divisor is calculated using the current interest rate of 5.9 percent, which is determined by the … Online Troubleshooting from the dropdown). You can also call 866-805-0990 (press 1 to access the employer menu, then …
https://www.osc.ny.gov/retirement/employers/projected-invoiceState Agencies Bulletin No. 1313
… agency responsibility regarding new enrollment into the Optional Retirement Plan (7Z TIAA/CREF) Affected Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1313-tier-6-tiaa-retirement-contribution-rate-changesState Agencies Bulletin No. 1243
… describe OSC actions taken for current enrollees with an election date greater than 3/31/12 and agency responsibility … with a Retirement Plan Type of 7Z (TIAA/CREF) with an election date of 4/1/12 or later Effective Date(s) Payroll … to $100,000 5.75% More than $100,000 6% Enrollees with an election date of 4/1/12 or greater will continue their …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1243-tier-6-tiaa-retirement-contribution-rate-changesOvertime Temporarily Excluded from Tier 6 Contribution Rates
… owed to each employee. Beginning in November, after your Reporting Contact submits your monthly report, we will issue … 2025-26 were available in Retirement Online . If we had detailed earnings information on file or if your Reporting Contacts provided earnings …
https://www.osc.ny.gov/retirement/employers/overtime-temporarily-excluded-tier-6-contribution-ratesState Agencies Bulletin No. 1255
… is updating the participants’ contribution rates. The employee contribution rates are: Wages Contribution Rate … enter projected salaries for these employees in the NYSTRS portal. OSC has been advised SUNY administration will be … the projected salaries to be used to update the NYSTRS portal. There are currently no Education (11xxx) Tier 6 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1255-new-york-state-teachers-retirement-system-nystrs-tier-6-contributionContributions – Special 20- and 25-Year Plans
… 5.75% Over $100,000 7.50% 6.00% Federal Tax Treatment of Contributions for Tier 5 Members The additional … required when you elect this plan are taxable, meaning they will be taken from your earnings after taxes and … plan, the additional contributions required are taxable, meaning they will be taken from your earnings after taxes and …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/contributionsMember Contributions
… Most members are required to contribute a percentage of their earnings toward their retirement. NYSLRS pensions … you will receive a monthly pension payment for the rest of your life. Your pension will be calculated using a preset formula based on your earnings and years of service—it will not be based on …
https://www.osc.ny.gov/retirement/members/member-contributionsState Agencies Bulletin No. 1886
… Payroll Bulletin 1256 . ) Effective with the first checks in April 2013, Legislation required the employee contribution … all PayServ job records, as well as agencies that are not in PayServ. The employee contribution rates are: Wages … Schedule when updating the Retirements Plan panel in PayServ. Eligibility Criteria Tier 6 VDC members who …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1886-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdcSUNY Bulletin No. SU-244
… Benefits>Retirement Plans). Enter employee's Empl ID in search box. Click Search . Select the correct Empl Rcd # for the corresponding …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-244-two-year-look-back-tier-6-suny-tiaa-optional-retirementSUNY Bulletin No. SU-255
… will prompt for: Calendar Year – Enter 2016 Department ID – Enter 5 Digit Department ID Coverage Elect Date (Greater than) – Enter 3/31/2012 … In Benefits>Retirement Plans). Enter employee's Empl ID in search box. Click Search . Select the correct Empl Rcd …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-255-two-year-look-back-tier-6-suny-tiaa-optional-retirementState Agencies Bulletin No. 2186
… In Benefits > Savings Plans ) Enter the Empl ID into search box. Click Search. Select the correct Empl Rcd number for corresponding …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2186-2024-two-year-look-back-tier-6-suny-optional-retirement-plan-orp-andCUNY Bulletin No. CU-691
… Purpose The purpose of this bulletin is to provide agencies with instructions on how to update a Tier 6 employee’s Retirement Plan page due … three years of membership, his or her contribution rate is based on annual pensionable salary from two years prior*. … The purpose of this bulletin is to provide agencies with instructions on how to update a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-691-two-year-look-back-tier-6-cuny-optional-retirement-plan-orpState Agencies Bulletin No. 2303
… in a retirement system after March 31, 2012. ( Please see Payroll Bulletin No. 1256 ) Effective April 2013, employee … effective in Administration paychecks dated January 29, 2025 and Institution paychecks dated February 6, 2025. … Rate: Agencies must adhere to the Agency Submission Schedule when updating the Savings Plan panel in PayServ. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2303-2025-two-year-look-back-tier-6-suny-optional-retirement-plan-orp-andSUNY Bulletin No. SU-299
… with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the two year look-back. Affected Employees Tier 6 New York State Education Department and SUNY employees who are members … to $100,000.00 5.75% $100,000.01 and Greater 6% The Benefit Plans and the narrative descriptions are found …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-299-two-year-look-back-tier-6-suny-optional-retirement-planSUNY Bulletin No. SU-289
… Purpose The purpose of this bulletin is to provide agencies with instructions on how to update a Tier 6 employee’s Retirement Plan page due … three years of membership, his or her contribution rate is based on annual pensionable salary from two years prior*. … The purpose of this bulletin is to provide agencies with instructions on how to update a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-289-two-year-look-back-tier-6-suny-optional-retirement-planSUNY Bulletin No. SU-274
… with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the two-year look back Affected … creating Tier 6. This tier applies to employees joining a retirement system after March 31, 2012. Effective with the … 2015 Agency Actions Each agency is required to update the Retirement Plans page to change the Benefit Plan based on the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-274-two-year-look-back-tier-6-suny-optional-retirement-plan