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Tier Status – Basic Plan for ERS Tier 1 Members
… for ERS Tier 1 members under Sections 70a 71a and 75 Tier Status …
https://www.osc.ny.gov/retirement/publications/1500/tier-statusTier Status – Coordinated Plan For ERS Tier 5 Members
… information for ERS Tier 5 members under Article 15 Tier Status …
https://www.osc.ny.gov/retirement/publications/1523/tier-statusTier Status – Coordinated Plan For ERS Tier 3 and 4 Members
… Coordinated Plan information for ERS Tier 3 and 4 members under Articles 14 and 15 Tier Status …
https://www.osc.ny.gov/retirement/publications/1522/tier-statusState Agencies Bulletin No. 1697
… 2019 maximum salary limit for members of ORP and VDC in Tier 6 Background In accordance with Section 415 of the … 2019 plan year, which is the calendar year for ORP and VDC Tier 6 participants. Affected Employees Employees who are Tier 6 members of ORP or VDC Effective Date(s) Institution …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1697-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedState Agencies Bulletin No. 1534
… members for calendar year 2017 is $18,448.11. Background In accordance with Chapter 504 of the Laws of 2009, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1534-tier-5-pensionable-overtime-earnings-limit-calendar-year-2017-employeesState Agencies Bulletin No. 1450
… Purpose To notify agencies that the pensionable overtime earnings … 13, 2016 OSC Actions OSC will update PayServ each year to reflect the pensionable overtime earnings limit for that … Questions regarding this bulletin may be directed to the Payroll Deductions mailbox. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1450-tier-5-pensionable-overtime-earnings-limit-calendar-year-2016-employeesState Agencies Bulletin No. 1623
… Purpose To notify agencies of the 2018 maximum salary limit for members of ORP and VDC in Tier 6. Background In … Section 415 of the Internal Revenue code, which provides for dollar limitations on benefits and contributions under … (C), and 408 (k) (6) (D) (ii) will increase to $275,000 for the 2018 plan year, which is the calendar year for ORP …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1623-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedState Agencies Bulletin No. 2188
… Tier 6 members of the New York City Employee Retirement System (NYCERS), New York City Teachers Retirement System (NYCTRS) and the New York City Board of Education Retirement System (NYCBERS) for the 2024 plan year is $20,459. Affected … Tier 6 members of the New York City Employee Retirement System New York City Teachers Retirement System and the New …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2188-2024-tier-6-overtime-limit-new-york-city-retirement-systemsState Agencies Bulletin No. 2092
… Board of Education Retirement System (NYCBERS) for the 2023 plan year is $19,729.00. Affected Employees Tier 6 … Effective Dates Effective for Institution paychecks dated January 12, 2023. OSC Actions OSC will update the OT limit in … overtime earnings limit with an Effective Date of January 1, 2023. Agency Actions Agencies must notify affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2092-2023-tier-6-overtime-limit-new-york-city-retirement-systemsState Agencies Bulletin No. 1980
… Purpose The purpose of this bulletin is to notify agencies that the pensionable overtime (OT) earnings limit for Tier 6, New York City … 2012-13 at $15,000. The limit increases each year based on the Consumer Price Index on December 31 of the previous …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1980-2022-tier-6-overtime-limit-nyc-retirement-systems-nycers-nyctrs-andState Agencies Bulletin No. 1978
… bulletin is to notify agencies of the 2022 maximum salary limit for ORP and VDC in Tier 6 plan members. Affected … under qualified retirement plans, the annual compensation limit under Section 401(a), 404(I), 408 (k) (3) (C), and 408 … OSC will update PayServ to reflect the Maximum Salary Limit for calendar year 2022. PayServ will automatically stop …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1978-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedState Agencies Bulletin No. 1796
… 415 of the Internal Revenue code, which provides for dollar limitations on benefits and contributions under …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1796-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedState Agencies Bulletin No. 2301
… Board of Education Retirement System (NYCBERS) for the 2025 plan year is $20,958.00. Affected Employees: Tier 6 … Price Index on December 31 of the previous year. The 2025 OT limit is $20,958.00. Effective Dates: Effective for Institution paychecks beginning January …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2301-2025-tier-6-overtime-limit-new-york-city-retirement-systemsService Retirement Benefit – En-Con Police Officers Plan
… percent) of your FAS, up to a maximum of 15 years for Tier 1 members and seven years for Tier 2, 3, 5 and 6 members. Your total benefit cannot exceed 75 percent of your FAS if you are a Tier 1 member, or 61.67 percent of your FAS if you are a Tier … EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers …
https://www.osc.ny.gov/retirement/publications/1822/service-retirement-benefitState Agencies Bulletin No. 2296
… in the New York State Deferred Compensation Plan for the calendar year 2025 Background: Pursuant to IRS IR-2024-285, released on … active participants turning ages 60, 61, 62, or 63 in the calendar year to either $10,000 or 50% more than the regular … in the New York State Deferred Compensation Plan for the calendar year 2025 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2296-deferred-compensation-maximum-contributions-limits-calendar-year-2025Service Retirement Benefit – Regional State Park Police Plan
… at any age after completing 25 years of regional state park or New York State police officer service. Or, you may … age 60 before having served 25 years as a regional state park police officer. The Benefit With 25 years of creditable … 25 years, including service other than as a regional state park police officer, you will receive an …
https://www.osc.ny.gov/retirement/publications/1867/service-retirement-benefitComparison of PFRS Benefits
… Below is a comparison of Police and Fire Retirement System (PFRS) benefits by … 2012 April 1, 2012 and after Vesting After earning 5 years of service credit. Employee Contributions None if employer … their plan’s minimum service requirement, regardless of age. Members in regular plans can retire with full …
https://www.osc.ny.gov/retirement/employers/comparison-pfrs-benefitsDiNapoli: Moderate Growth in Local Sales Tax Collections for First Half of 2017
… Local sales tax collections across New York grew 3.3 percent in the first … billion during the same period last year. "Local sales tax growth across the state is welcome news, especially for … with tough economic conditions," DiNapoli said. "Sales tax, however, can be a volatile source of revenue and local …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-moderate-growth-local-sales-tax-collections-first-half-2017DiNapoli: 33 School Districts Reported in Fiscal Stress
… fiscal stress, each district should address these problems today,” said DiNapoli. “My Fiscal Stress Monitoring System … for school districts. The FSMS scores and report released today summarizing common trends among school districts are …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-33-school-districts-reported-fiscal-stressState Agencies Bulletin No. 1882
… for the 2021 Calendar Year. PayServ will automatically stop ORP and VDC contributions when an employee’s pensionable …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1882-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-defined