Search
State Agencies Bulletin No. 1314
… contribution rates. Affected Employees Employees enrolled in Tier 6 in the following Retirement Systems: New York State Employees … Dated April 3, 2014 Administration Paychecks Dated April 9, 2014 Background On March 16, 2012, the Governor signed …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1314-tier-6-retirement-contribution-rate-changesState Agencies Bulletin No. 1238
… the retirement system will be processed to update employee payroll records. CUNY agencies will receive certification …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1238-tier-6-retirement-contribution-rate-changesLong-Term Expected Contribution Rates – What Every Employer Should Know
… if the Fund consistently earned a 5.9 percent rate of return annually. On a long-term basis, employers should expect to pay these rates as a percentage of their payroll to NYSLRS each year. If the Fund averages … expected rate. You can review long-term expected rates by retirement system, tier and plan by clicking on the Final …
https://www.osc.ny.gov/retirement/employers/partnership/long-term-expected-contribution-ratesMember Contributions
… the Election to Make Voluntary Contributions (RS5379) form . File the election form with their payroll office. Your payroll office must: Complete the employer portion of the election form. Fax it to us at 518-486-4382 or mail it to the address …
https://www.osc.ny.gov/retirement/employers/member-contributionsOvertime Temporarily Excluded from Tier 6 Contribution Rates
… the top of the table. Please review carefully. Update your payroll system to withhold the correct amount beginning April …
https://www.osc.ny.gov/retirement/employers/overtime-temporarily-excluded-tier-6-contribution-ratesState Agencies Bulletin No. 1313
… greater than 3/31/12 and agency responsibility regarding new enrollment into the Optional Retirement Plan (7Z … Affected Employees Employees with a Retirement Plan Type of 7Z (TIAA/CREF) with an election date of 4/1/14 or later Effective Date(s) Institution Paychecks dated April 3, 2014 Administration …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1313-tier-6-tiaa-retirement-contribution-rate-changesEmployer Projected Invoice
… Overview Your projected invoice is provided in September for budgetary purposes. It approximates next … we notify you when your projected invoice is available in Retirement Online . Please do not send payment for your … last State fiscal year. Your actual invoice will be based on the employee earnings and days worked reported by your …
https://www.osc.ny.gov/retirement/employers/employer-projected-invoiceState Agencies Bulletin No. 1243
… after March 31, 2012. Effective with the first checks in April 2013, the legislation requires the employee … appropriate contributions. OSC has identified employees in Retirement Plan 7Z with an enrollment date greater than … biweekly rate by 26. Part time percentages are excluded in the calculation of annual salary for the purpose of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1243-tier-6-tiaa-retirement-contribution-rate-changesState Agencies Bulletin No. 1255
… agency responsibility regarding Tier 6 contribution rates for the New York State Teachers Retirement System. Affected Employees Employees enrolled in Tier 6 in the NYS Teachers Retirement System (7X) … Teachers Retirement should have received an email from this retirement system on 6/4/2013. The email contained a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1255-new-york-state-teachers-retirement-system-nystrs-tier-6-contributionMember Contributions
… you will receive a monthly pension payment for the rest of your life. Your pension will be calculated using a preset formula based … plus interest. Withdrawing your voluntary contributions does not terminate your NYSLRS membership. If you transfer …
https://www.osc.ny.gov/retirement/members/member-contributionsState Agencies Bulletin No. 1886
… 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 employees who are members of the VDC are affected. … entry may be directed to the Payroll Retirement mailbox. … State Agencies Bulletin No 1886 …
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
… Purpose To provide SUNY agencies with instructions on how to update a Tier 6 employee’s … look back Affected Employees Tier 6 SUNY employees with a Retirement Plan type of 7Z (TIAA) Background On March … a retirement system after March 31, 2012. Effective with the first checks in April 2013 legislation required the …
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
… Purpose To provide SUNY agencies with instructions on how to update a Tier 6 employee’s … look back Affected Employees Tier 6 SUNY employees with a Retirement Plan type of 7Z (TIAA) Background On March … a retirement system after March 31, 2012. Effective with the first checks in April 2013, Legislation required the …
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
… Governor signed legislation authorizing the creation of a new Tier 6 pension plan. Members of this tier enrolled in a …
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
… with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the two-year look back. Affected … 6 pension plans. This tier applies to employees joining a retirement system after March 31, 2012. This Legislation … are eligible. Agency Actions Each agency must update the Retirement Plans page to change the Benefit Plan based on the …
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
… effective in Administration paychecks dated January 29, 2025 and Institution paychecks dated February 6, 2025. … of University-Wide Benefits, as the ORP and VDC Plan Administrator, will utilize the reports from the Multi-Vendor … a Payroll Status of Active, Leave of Absence, Leave with Pay, and Terminated, prioritizing active records over …
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
… salary. The query will prompt for: Calendar Year – Enter 2019 Coverage Elect Date (Greater than) – Enter 3/31/2012 …
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
… TIER 6 6PCT Effective Date(s) Changes will take effect for the paycheck dated January 22, 2020. Eligibility Criteria … provide the employee’s earnings based by Department ID for the calendar year entered. If the query results in multiple rows for an employee, the earnings from each row must be combined …
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
… Education Department and SUNY employees who are members of the ORP Background On March 16, 2012, the Governor signed … annual wage. Once a Tier 6 member has reached three years of membership, his or her contribution rate is based on … will provide the employee’s earnings based by Department ID for the calendar year entered. If the query …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-274-two-year-look-back-tier-6-suny-optional-retirement-planContributing Toward Your Retirement – State Police Plan
… annuity savings contributions, which will earn interest and provide an annuity above and beyond your regular pension … or have 32 years of service credit, whichever comes first. For your first three years of membership, we use the annual … More than $100,000 6.00% … State Police Plan information for PFRS Tier 2 5 and 6 members under Sections 381b …
https://www.osc.ny.gov/retirement/publications/1518/contributing-toward-your-retirement