Search
SUNY Bulletin No. SU-319
… creating Tier 6. Members of this tier enrolled in a retirement system after March 31, 2012. This legislation authorized the creation of a new Tier 6 pension plan. ( Please see Payroll Bulletin No. … 92_2_YR_LOOKBACK_SUNY_ORP_P2 provides employees’ earnings by Dept ID for the calendar year entered. If the query …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-319-two-year-look-back-tier-6-suny-optional-retirement-planState Agencies Bulletin No. 1627
… on how to update a Tier 6 employee’s Retirement Plan page due to the VDC two-year look back Affected Employees New … Each agency is required to update the Retirement Plans page to change the Benefit Plan based on the agency’s review … the Benefit Plan are as follows: Open the Retirement Plans page. (Home>Benefits>Enroll In Benefits>Retirement Plans) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1627-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcState Agencies Bulletin No. 1539
… on how to update a Tier 6 employee’s Retirement Plan page due to the VDC two-year look back. Affected Employees … Each agency is required to update the Retirement Plans page to change the Benefit Plan based on the agency’s review … the Benefit Plan are as follows: Open the Retirement Plans page. (Home>Benefits>Enroll In Benefits>Retirement Plans). …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1539-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcState Agencies Bulletin No. 1714
… on how to update a Tier 6 employee’s Retirement Plan page due to the two-year look back Affected Employees New … Each agency is required to update the Retirement Plans page to change the Benefit Plan based on the agency’s review … to their Benefit Plan is needed. The Retirement Plans page must be updated for employees with a Payroll Status of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1714-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcState Agencies Bulletin No. 1793
… for the paychecks dated: Administration: January 22, 2020 Institution: January 30, 2020 Agencies must adhere to … Department ID for the calendar year entered. If the query results in multiple rows for an employee, the earnings from … field. Enter the employee’s Date of Membership in the “ Election Date ” field. The same election date should be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1793-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcState Agencies Bulletin No. 2093
… Purpose The purpose of this bulletin is to provide agencies with instructions to … March 31, 2012. This legislation authorized the creation of a new Tier 6 pension plan including a VDC plan. ( See … Once a Tier 6 member has reached three (3) calendar years of membership, an employee’s contribution rate is based on …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2093-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdcDefinitions – Contribution Stabilization Program
… the actuarial assumptions recommended in the Annual Report to the Comptroller on Actuarial Assumptions. The present value of benefits is then compared to the value of the Common Retirement Fund’s assets. The … rate over all retirement plans in each system for a given fiscal year. It is calculated by dividing the total …
https://www.osc.ny.gov/retirement/employers/csp/definitionsAnnual Wage for New Tier 6 Employees
… you hire new Tier 6 employees, NYSLRS uses their annual wage to determine the Tier 6 member contribution rates that you must apply to … first three years of their membership. Retirement Online is the fastest and easiest way to enroll new employees . But … Contribution rates of Tier 6 members are based on the wages they earn Here is how they are calculated Annual …
https://www.osc.ny.gov/retirement/employers/annual-wage-new-tier-6-employeesContributing Toward Your Retirement – Special 20- and 25-Year Plans
… however because you made post-tax contributions, a portion of your pension would be non-taxable. To begin making … you may be taxed on more than just the interest portion of your refund, and you may also be subject to a tax penalty. … questions. Tier 5 Members You must contribute 3 percent of your reportable earnings toward your retirement benefits …
https://www.osc.ny.gov/retirement/publications/1517/contributing-toward-your-retirementSUNY Bulletin No. SU-339
… by legislation. Once a Tier 6 member has reached three (3) calendar years of membership, an employee’s contribution rate … for employees of NYSED, NYS Higher Education, NYS School for the Blind and NYS School for the Deaf. The Savings Plans page must be updated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-339-two-year-look-back-tier-6-suny-optional-retirement-planMember & Retiree E-News Archive — 2024
… For the latest retirement news and information, subscribe to E-News . December 2024 Members Now Scheduling In-Person … The latest Retirement System news for NYSLRS members and retirees …
https://www.osc.ny.gov/retirement/publications/member-retiree-e-news-archive-2024Employer E-News Archive — 2025
… Time is Up to Switch to Enhanced Reporting Over 80% of Employers Have Made the Switch August 2025 Labor Day … You Have the Correct Security Role Inform Optional Members of Their Right to Join NYSLRS Set Up Your Enhanced Reporting …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2025Mandatory Contributions – Enhanced Reporting
… a percentage of their earnings toward funding future retirement benefits There are some exceptions …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/mandatory-contributionsEmployer E-News Archive — 2026
… For the latest retirement news and information, subscribe to E-News for Members & Retirees . March 2026 Important: Submit … The latest Retirement System news for NYSLRS employers …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2026State Agencies Bulletin No. 960
… Bill No. A40026 and Senate Bill No. S66026) that creates a new Tier 5 that, in accordance with constitutional … requirement Overtime compensation in excess of an annual ceiling is not considered pensionable earnings and is not … the base to calculate employee contributions. The overtime ceiling is $15,000 in calendar year 2010 and will increase by …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/960-new-tier-5-benefit-structure-new-york-state-employees-retirement-systemDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… fund remains one of the strongest and best funded in the nation,” DiNapoli said. “These rates – in addition to our … new rates are due by Feb. 1, 2026, but employers receive a discount if payment is made by Dec. 15, 2025. The New York … of March 31, 2024. NYSLRS is consistently ranked among the nation’s best funded retirement systems. A high funding ratio …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26NYSLRS Announces Employer Contribution Rates for SFY 2026-27
… Retirement System (NYSLRS) for State Fiscal Year (SFY) 2026-27. Employers’ average contribution rates will increase … access to a two-year projection of their annual pension bills. Employers can use this projection in the preparation … tiers. Payments based on the new rates are due by Feb. 1, 2027, but employers receive a discount if payment is made by …
https://www.osc.ny.gov/press/releases/2025/09/nyslrs-announces-employer-contribution-rates-sfy-2026-27Employer E-News Archive — 2024
… For the latest retirement news and information, subscribe to E-News for Members & Retirees . December 2024 Reminder: … The latest Retirement System news for NYSLRS employers …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2024Graded Rates – Contribution Stabilization Program
… The increase or decrease in the Retirement System graded rates depends on the gap between the System average rate and … rate will be set to the System average rate. Note: Graded rates are calculated based on a System average rate that does … How graded rates for the NYSLRS Contribution Stabilization Program change …
https://www.osc.ny.gov/retirement/employers/csp/graded-ratesEstimated Invoice
… invoice in November. Payment will be due by February 1, 2026, or you will have the option to pay a discounted prepayment amount by December 15, 2025. … receive additional service credit for their unused, unpaid sick leave at retirement. Salary, Rate and Regular Plan …
https://www.osc.ny.gov/retirement/employers/estimated-invoice