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State Agencies Bulletin No. P-977
Deferred Comp Maximum Contribution Increase
https://www.osc.ny.gov/files/state-agencies/payroll-bulletins/pdf/agencies-p-977.pdfComparison of ERS Benefits
… April 1, 2012 and after Vesting After earning 5 years of service credit. Employee Contributions 3% of gross salary … contribute 4% for all years of public service. See Tier 5 Member Contributions. 3% – 6% based on annual earnings. … whose contributions are limited to 30 years). See Tier 6 Member Contributions. Retirement Age Full benefits at age 62. …
https://www.osc.ny.gov/retirement/employers/comparison-ers-benefitsState Agencies Bulletin No. 1981
… 6 members of ERS Plan Type 87 are affected. Background In accordance with Chapter 368 of the Laws of 2018, the limit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1981-tier-6-pensionable-overtime-ot-earnings-limit-calendar-year-2022Eligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… 3 Members: You must have at least five years of service credit after July 1, 1973. You are eligible to retire with … benefits at age 62, or may choose early retirement with a reduced benefit between ages 55 and 62. Tier 5 and 6 … you must retire by the first day of the month following your 70th birthday, even if you have not elected the special …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingLimitations – Non-Contributory Plan with Guaranteed Benefits
… Tier 1 If your date of membership is June 17, 1971, or later, the wages in any … excluded from the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be … your FAS. Earned compensation that exceeds the Governor’s annual salary is excluded (please refer to our Overtime and …
https://www.osc.ny.gov/retirement/publications/1513/limitationsState Agencies Bulletin No. 2090
… year. The amount of the increase is based on the Consumer Price Index of the previous year. Effective Dates Effective …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2090-tier-6-pensionable-overtime-ot-earnings-limit-calendar-year-2023State Agencies Bulletin No. 1973
… earnings limit for Tier 5 ERS members for calendar year 2022 is $21,386.41. Affected Employees Employees who are Tier … Dates Effective Administration paychecks dated January 5, 2022 and Institution paychecks dated January 13, 2022. OSC Actions OSC will update PayServ to reflect the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1973-tier-5-pensionable-overtime-earnings-limit-calendar-year-2022-employeesState Agencies Bulletin No. 2183
… Purpose: The purpose of this bulletin is to notify agencies that the pensionable overtime earnings … limit for Tier 5 ERS members for calendar year 2024 is $22,688.85. Affected Employees: Employees who are Tier 5 … The purpose of this bulletin is to notify agencies that the pensionable overtime earnings …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2183-tier-5-pensionable-overtime-earnings-limit-calendar-year-2024-employeesState Agencies Bulletin No. 2184
… year. The amount of the increase is based on the Consumer Price Index of the previous year. Effective Dates: Effective …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2184-tier-6-pensionable-overtime-ot-earnings-limit-calendar-year-2024State Agencies Bulletin No. 1791
… 5 members of ERS Plan Type 7Y are affected. Background In accordance with Chapter 504 of the Laws of 2009, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1791-tier-5-pensionable-overtime-earnings-limit-calendar-year-2020-employeesState Agencies Bulletin No. 2294
… overtime earnings limit for Tier 5 ERS members for calendar year 2025 is $23,369.51. Affected Employees: Employees who are … effective January 1, 2010. This amount increases each calendar year thereafter by three percent (3%). Effective … overtime earnings limit for Tier 5 ERS members for calendar year 2025 is $2336951 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2294-tier-5-pensionable-overtime-ot-earnings-limit-calendar-year-2025State Agencies Bulletin No. 1885
… 6 members of ERS Plan Type 7Y are affected. Background In accordance with Chapter 368 of the Laws of 2018, the OT … year. The amount of the increase is based on the increase in the Consumer Price Index of the previous year. Effective …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1885-tier-6-pensionable-overtime-earnings-limit-calendar-year-2021-employeesState Agencies Bulletin No. 1841
… OT cap increases each calendar year. The amount of the increase is based on the increase in the Consumer Price Index for the one year period ending September 30 of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1841-tier-6-pensionable-overtime-ot-earnings-limit-school-year-202021State Agencies Bulletin No. 1792
… this bulletin is to notify agencies that the pensionable overtime earnings limit for Tier 6 ERS members for calendar … OSC will update PayServ to reflect the pensionable OT earning limit for 2020 of $17,067.00 for Tier 6 ERS members. … regarding this bulletin may be directed to the Payroll Retirement mailbox. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1792-tier-6-pensionable-overtime-earnings-ot-limit-calendar-year-2020State Agencies Bulletin No. 2302
… overtime earnings limit for Tier 6 ERS members for calendar year 2025 is $20,958.00. Affected Employees: Tier 6 members of ERS … 368 of the Laws of 2018, the overtime limit increases each calendar year. The amount of the increase is based on the … overtime earnings limit for Tier 6 ERS members for calendar year 2025 is $2095800 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2302-tier-6-pensionable-overtime-ot-earnings-limit-calendar-year-2025Overview – Special 20- and 25-Year Plans
… Budget enacted in April 2025 resulted in two new sections of the Retirement and Social Security Law (RSSL), which … Police and Fire Retirement System (PFRS): Section 383-e of the RSSL provides a new 20-year plan, which is optional … 6 members who joined before July 1, 2025. Section 383-f of the RSSL provides a new 25-year plan, which is optional …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/overviewVested Retirement Benefit – Career Plan
… benefit if you leave public employment before retirement age and you have five years of credited service. When you reach retirement age, you will be entitled to a retirement benefit based on … file a retirement application within 90 days before you become eligible. If we receive your retirement application …
https://www.osc.ny.gov/retirement/publications/1642/vested-retirement-benefitThe Age 60 Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… eligible for a service retirement benefit when you reach age 60 and have five or more years of credited service. If … service, you may choose to retire with a full benefit at age 62 or between the ages of 60 and 62 with a reduced … interest. Tier 2, 3, 5 and 6 members who retire before age 62 will have their benefit reduced by the percentage …
https://www.osc.ny.gov/retirement/publications/1511/age-60-planVested Retirement Benefit – New Career Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public employment before … 1 The date you are eligible to retire depends on your tier. Tier 1 Full vested benefit as early as the first of the month … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375h and …
https://www.osc.ny.gov/retirement/publications/1515/vested-retirement-benefitState Agencies Bulletin No. 1562
… agencies that the pensionable overtime earnings limit for fiscal year 2017-18 is 15% of member’s regular annual wages as per Tier 6 … agencies that the pensionable overtime earnings limit for fiscal year 201718 is 15 of members regular annual wages as per Tier …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1562-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2017-18