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Annual Employer Contributions – Employer Contributions and Rates
… during State Fiscal Year April 1, 2024 – March 31, 2025; and The rates from the Actuarial Valuation for State … estimated invoice of your employer contributions, and in November, we provide your final annual invoice . The 2027 … estimated invoice of your employer contributions, and in November 2026, we will provide your final annual invoice. …
https://www.osc.ny.gov/retirement/employers/contributions/annual-employer-contributionsState Agencies Bulletin No. 821
… of doing back-end splits each pay period or changing the account code at the Position Pool. It is important to note that changing the account code at the Position Pool impacts all employees in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/821-procedures-processing-2008-institution-teachers-summer-session-paymentsAvailable Options – Article 14 Benefits
… the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments cease upon … or sooner, after retiring), nothing will be paid to any beneficiary. Joint Allowance — Full* This option will provide … for the balance of the five- or ten-year period. You may change your beneficiary within the five- or ten-year period. …
https://www.osc.ny.gov/retirement/publications/1644/available-options25-Year Benefit (Section 384) – Special 20- and 25-Year Plans
… as a firefighter or police officer under a 20- or 25-year plan; Service as a member or officer of the New York State … If you are age 55 or older at retirement and your regular plan would provide a greater benefit, the greater benefit …
https://www.osc.ny.gov/retirement/publications/1517/25-year-benefit-section-384Mission Statement and Performance Measures
… on 13 performance measures that it has established to show how well it is accomplishing its mission. These measures are … To measure customer satisfaction, the Authority asks many of its clients to complete a customer satisfaction … management and the Board compare the actual project end date and cost with the latest formal projections, not the …
https://www.osc.ny.gov/state-agencies/audits/2014/06/13/mission-statement-and-performance-measuresAlternate Contribution Stabilization Program
… annual contribution, but then requires repayment with interest, beginning the year after amortizing under the … in the Alternate Program, their contributions are based on the graded rate system regardless of whether they choose … form (select “Employer Billing” from the dropdown) or call 866-805-0990 and press 1 to access the employer menu, …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programLife Changes: Applying for Disability Retirement
How NYSLRS members should file for a disability retirement benefit and the steps we take to process your application.
https://www.osc.ny.gov/files/retirement/publications/pdf/1802-applying-for-disability-retirement.pdfStraight Talk About Financial Planning For Your Retirement
… P. DiNapoli There are few things that are certain in life, and it’s good to know your retirement benefit is one of … can choose “Vested Retirement.” This option is for those who are or will be vested, and should be used only if you … expenses that occur periodically, such as car and life insurance, and property and school taxes. (Return to Top) …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementAvailable Options – Career Plan
… only to members with annuity savings contributions on deposit) This option will provide you with a reduced … your retirement benefit at the time of retirement. If you live long enough, you will receive your initial value amount … a reduced monthly benefit for your lifetime, and is based on your birth date and that of your beneficiary. After your …
https://www.osc.ny.gov/retirement/publications/1642/available-optionsAvailable Options – Regional State Park Police Plan
… only to members with annuity savings contributions on deposit) This option will provide you with a reduced … your retirement benefit at the time of retirement. If you live long enough, you will receive your initial value amount … a reduced monthly benefit for your lifetime, and is based on your birth date and that of your beneficiary. After your …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsAvailable Options – Police and Fire Plan
… only to members with annuity savings contributions on deposit) This option will provide you with a reduced … your retirement benefit at the time of retirement. If you live long enough, you will receive your initial value amount … a reduced monthly benefit for your lifetime, and is based on your birth date and that of your beneficiary. After your …
https://www.osc.ny.gov/retirement/publications/1512/available-optionsAvailable Options – New Career Plan
… only to members with annuity savings contributions on deposit)This option will provide you with a reduced … your retirement benefit at the time of retirement. If you live long enough, you will receive your initial value amount … a reduced monthly benefit for your lifetime, and is based on your birth date and that of your beneficiary. After your …
https://www.osc.ny.gov/retirement/publications/1515/available-optionsAvailable Options – Non-Contributory Plan with Guaranteed Benefits
… only to members with annuity savings contributions on deposit)This option will provide you with a reduced … your retirement benefit at the time of retirement. If you live long enough, you will receive your initial value amount … a reduced monthly benefit for your lifetime, and is based on your birth date and that of your beneficiary. After your …
https://www.osc.ny.gov/retirement/publications/1513/available-optionsAvailable Options – Basic Plan with Increased-Take-Home-Pay (ITHP)
… only to members with annuity savings contributions on deposit) This option will provide you with a reduced … your retirement benefit at the time of retirement. If you live long enough, you will receive your initial value amount … a reduced monthly benefit for your lifetime, and is based on your birth date and that of your beneficiary. After your …
https://www.osc.ny.gov/retirement/publications/1511/available-optionsElecting the Section 383-e or 383-f Retirement Plan – Special 20- and 25-Year Plans
… one of these plans, if you are: Planning to retire in the near future. Considering transferring or reinstating a … For members who were already in an eligible title as of July 1, 2025 , the deadline to elect is June 30, 2026 . For members who transfer or are promoted into an …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/electing-section-383-e-or-383-f-retirement-planEstimated Invoice
… 2025. ( Note: Since the February 1, 2026 due date falls on a Sunday, your due date will be the next business day, … Factor The Divide-by-Factor represents the 45 days of interest you will save if you pay your annual invoice by … 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/estimated-invoiceOvertime Limits – Enhanced Reporting
… year-to-date totals if the automatic capping feature is not in effect yet. Report overtime above and below the … you use depend on whether the automatic capping feature is in effect). Do not withhold member contributions from … 2024 report or earlier , the automatic capping feature is in effect for the ERS members you report. If you begin …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/overtime-limitsState Agencies Bulletin No. 315
… changes affecting the suspense period and 7 year period for TIAA/CREF members. Affected Employees Employees with a … to be employed and therefore should be given credit for this time when calculating completion dates for the suspense period and the seven (7) year period (where …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/315-changes-processing-suspense-period-and-7-year-period-tiaacref-membersAnnual Invoice
… is due by February 1, 2026. Since this due date falls on a Sunday, we will consider the following on time : ACH or wire transfer payments received on or before February 2, 2026. Checks sent by certified mail … NYSLRS employers log on to our online programs to view their annual invoice in a …
https://www.osc.ny.gov/retirement/employers/annual-invoiceAutomated Phone Service
… available to NYSLRS members. You can hear certain account information and general information, and request forms 24 hours a day, … days a week. Toll-free: 866-805-0990 To access the self-service menus, you will be asked to enter the last four … Members can access certain records and general retirement information quickly and easily by …
https://www.osc.ny.gov/retirement/members/automated-phone-service