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Available Options – Career Plan
… Single Life Allowance (Option 0) This is the basic retirement benefit. It provides the maximum benefit payment … lifetime. It guarantees that if you die before receiving retirement benefit payments that equal the initial value of … “Initial value” is an actuarial term for the value of your retirement benefit at the time of retirement. If you live …
https://www.osc.ny.gov/retirement/publications/1642/available-optionsAvailable Options – New Career Plan
… the same monthly amount you were receiving (without COLA) for life. If your beneficiary dies before you, all … to one-half of the amount you were receiving (without COLA) for life. If your beneficiary dies before you, all … the same monthly amount or one-half that amount (without COLA), depending on which option you elect, to your …
https://www.osc.ny.gov/retirement/publications/1515/available-optionsState Agencies Bulletin No. 905
… Purpose To provide payroll system users with the following information to assist in the transition to the upgraded PayServ system: Implementation schedule Changes to system … field: ‘Effective date must be greater than or equal to employee’s first Personal Data effective date.’ Change in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/905-payroll-system-upgradeState Agencies Bulletin No. 1254
… Purpose To provide payroll system users with the following information to assist in the transition to the upgraded PayServ system: Implementation schedule and extended availability … the paycheck date of 7/31/13. Implementation Schedule & System Outage for the Upgrade Weekend and Extended …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1254-payserv-upgradeState Agencies Bulletin No. 965
… Purpose To provide payroll system users with the following information to assist in the transition to the upgraded PayServ system: Implementation schedule Changes to system … field: ‘Effective date must be greater than or equal to employee’s first Personal Data effective date.’ Change in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/965-payroll-system-upgradeCUNY Bulletin No. CU-800
… must be made for each subsequent row that exists on the employee’s Job Data page using the next available sequence number, regardless of status and provided the employee remains in an eligible position OSC Actions: … Special Wage Payments for Individuals Who Filed for Retirement Social Security Benefits: Per Internal Revenue …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-800-cuny-retroactive-rate-increases-high-pressure-plant-tenderCUNY Bulletin No. CU-796
… must be made for each subsequent row that exists on the employee’s Job Data page using the next available sequence number, regardless of status and provided the employee remains in an eligible position. OSC Actions: … Special Wage Payments for Individuals Who Filed for Retirement Social Security Benefits: Per Internal Revenue …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-796-cuny-retroactive-rate-increases-oiler-stationary-engineerCost-of-Living Adjustment – Divorce and Your Benefits
… to a portion of a retiree’s cost-of-living adjustment (COLA) , not as an option beneficiary, but as part of the … permits, forbids, or requires the ex-spouse to receive a COLA distribution. NYSLRS will interpret general terms in a … DRO as intent to provide an ex-spouse with a share of the COLA, unless otherwise indicated. For example, NYSLRS will …
https://www.osc.ny.gov/retirement/members/divorce/cost-living-adjustmentCUNY Bulletin No. CU-792
… the agency’s inability to locate the employee, the agency should follow the Agency Actions identified in Payroll … Checks issued to eligible employees who are now deceased should be submitted as a Stop Payment Request with a reason of Exchange in PayServ. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-792-cuny-retroactive-rate-increases-cement-masons-maintenanceState Agencies Bulletin No. 2273
… notify agencies of the 2024, year-end processing schedule for AC230s, Worksheet for Paycheck Reversal. Background: To maintain the efficiency … and taxes will not be reduced. Only Social Security and Medicare wage and taxes will be updated to reflect the return …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2273-schedule-submitting-2024-year-end-returned-checksAloma D. Johnson Charter School – Leave Accruals (2017M-218)
… to the 2016-17 beginning leave balances recorded in the employee leave records and found that 12 of these employees’ … Key Recommendations Develop and adopt a comprehensive system of controls over leave time and ensure that School …
https://www.osc.ny.gov/local-government/audits/charter-school/2017/12/29/aloma-d-johnson-charter-school-leave-accruals-2017m-218East Irondequoit Central School District - Payroll and Leave Accruals (2019M-92)
… officials should: Consider automating the time keeping system to reduce calculation errors. Obtain proper approved … and implement written procedures to ensure the accuracy of employee leave records. District officials disagreed with …
https://www.osc.ny.gov/local-government/audits/school-district/2019/11/15/east-irondequoit-central-school-district-payroll-and-leave-accruals-2019mState Comptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of the City of Binghamton , Village of Depew , Village of … – Water System Cybersecurity (Broome County) The city does not adequately safeguard electronic access to the water … Ski Area, has not developed policies or procedures for how ski collections should be recorded, deposited and …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-releases-municipal-auditsState Agencies Bulletin No. 1607
… Purpose To provide agency instructions for processing the 2017 CSEA … service or direct care title (see GOER memorandum for a list of eligible titles) and is required to wear a uniform on … Clothing Allowance of $58.00 to eligible employees who do not submit work-related clothing purchase receipts, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1607-2017-uniform-maintenance-allowance-and-2017-work-related-clothingState Agencies Bulletin No. 1871
… purpose of this bulletin is to provide agency instructions for processing the 2020 CSEA ISU Uniform Maintenance … upon the return from leave. Agency Actions Employee Reimbursement Distribution Method If an employee provides … to individual employees and submit one journal entry reimbursement for all affected employees using the following …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1871-2020-uniform-maintenance-allowance-and-2020-work-related-clothingState Agencies Bulletin No. 1966
… purpose of this bulletin is to provide agency instructions for processing the 2021 CSEA ISU Uniform Maintenance … upon the return from leave. Agency Actions Employee Reimbursement Distribution Method If an employee provides … to individual employees and submit one journal entry reimbursement for all affected employees using the following …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1966-2021-csea-work-related-clothing-allowance-and-2021-uniform-maintenanceState Agencies Bulletin No. 2175
… between the State of New York and CSEA and the Office of Employee Relations (OER) memorandum dated 10/26/2023 provide … 2023 CSEA ISU Uniform Maintenance Allowance provided the employee: Has a Payroll Status of Active, Leave With Pay, or … affected employees using the following Statewide Financial System chart field: SFS Business Unit Dept. Value Program …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2175-2023-csea-work-related-clothing-allowance-and-2023-uniform-maintenanceState Agencies Bulletin No. 2073
… Service Employees Association (CSEA) and the Office of Employee Relations (OER) memorandum dated 10/24/2022 provide … 2022 CSEA ISU Uniform Maintenance Allowance provided the employee: Has a Payroll Status of Active, Leave With Pay, or … affected employees using the following Statewide Financial System chart field: SFS Business Unit Dept. Value Program …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2073-2022-csea-work-related-clothing-allowance-and-2021-uniform-maintenanceDeath Benefits
… the death of a retiree by using our online death report form , or they can call 866-805-0990 and press 3 and then 1. … submit a Pensioner’s Designation of Beneficiaries form (RS6439) . You can see your pension payment option in … signature. You can attach the letter to our secure contact form or send it by mail to: NYSLRS 110 State Street Albany, …
https://www.osc.ny.gov/retirement/retirees/death-benefitsState Agencies Bulletin No. 1734
… Returns during the SFS blackout period Affected Employees Employee whose direct deposit is returned from their … Reissue for any reason Background The Statewide Financial System will be unavailable for use due to fiscal year end … the SFS blackout period has ended. Agency Actions Ensure employee direct deposit account changes and updates are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1734-payroll-check-reissues-reversals-exchanges-and-direct-deposit-returns