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Overtime Temporarily Excluded from Tier 6 Contribution Rates
… after April 2022: Action was required by January 31 to provide earnings breakdowns . Non-compliant employers must … enhanced reporting since April 2022: Action was required to update contribution rates for SFY 2024-25 . All … they should for the upcoming fiscal year. What You Need to Do View Notification to Access Summary Page View the …
https://www.osc.ny.gov/retirement/employers/overtime-temporarily-excluded-tier-6-contribution-ratesAbout the Retirement System – What Every Employer Should Know
… staff who work with NYSLRS. When you have questions or need help, you can send your question using our help desk form , or call 866-805-0990 and press 1. Rev. 1/22 … What every …
https://www.osc.ny.gov/retirement/employers/partnership/about-retirement-systemJefferson Central School District – Fund Balances (2015M-236)
… audit was to evaluate the District’s financial condition for the period July 1, 2014 through August 6, 2015. … Board of Education. General fund budgeted appropriations for the 2015-16 fiscal year total $6.4 million. Key Findings … using them; District officials do not have long-term plans for reserve balance levels or usage. The reserves for …
https://www.osc.ny.gov/local-government/audits/school-district/2016/01/15/jefferson-central-school-district-fund-balances-2015m-236SUNY Bulletin No. SU-156
… Purpose To notify agencies of the modified eligibility and narrative description for Deduction Code 415. History The SUNY Board of Trustees passed a resolution in May 2008 authorizing 403(b) … paycheck stub or direct deposit advice statement. Agency Actions Notify employees who currently have Deduction …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-156-change-narrative-description-and-eligibility-deductionState Agencies Bulletin No. 2088
… employees age 50 and over. Employees in this age bracket can defer up to $7,500.00 for a combined maximum contribution …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2088-deferred-compensation-maximum-contributions-limits-calendar-year-20232022 Black History Month Celebration
… Watch a Replay of the Event In honor of Black History Month, Comptroller DiNapoli hosted … prominent black leaders who advocate for protecting people in need and the ideals of freedom, equality, opportunity, and … History Month The first Black History Month was celebrated in 1976 at the nation’s bicentennial, and has been celebrated …
https://www.osc.ny.gov/events/2022-black-history-month-celebrationAbout this Report – 2021 Financial Condition Report
… This report provides citizens with an overview of the financial … and demographic information in an easy-to-understand format. The report also presents basic information on trends in State …
https://www.osc.ny.gov/reports/finance/2021-fcr/about-reportState Agencies Bulletin No. 2182
… increase from $22,500.00 to $23,000.00. An additional 50 and Over Catch-Up deferment is available to employees age 50 and over. Employees in this age bracket can defer up to … are not eligible to choose both the “Retirement Catch-Up” and the “50 and Over Catch-Up” in the same calendar year. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2182-deferred-compensation-maximum-contributions-limits-calendar-year-2024Cost-Saving Ideas: Monitoring Health Insurance Premiums for Retirees
… other things, the retirees may be: allowed a continuation of coverage for surviving spouses or certain other eligible persons for a period of time after the eligible retiree dies. required to … or their surviving spouses and dependents. An audit of 20 school districts revealed ten school districts who …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-monitoring-health-insurance-premiums-retireesU. S. Steel and DiNapoli Agree on Enhanced Disclosure of Corporate Political Contributions
… announced that United States Steel Corporation has agreed to the New York State Common Retirement Fund’s request that it publicly report its corporate political spending. As a … dollars in politics,” DiNapoli said. “U. S. Steel is to be commended for agreeing to voluntarily disclose its …
https://www.osc.ny.gov/press/releases/2015/03/u-s-steel-and-dinapoli-agree-enhanced-disclosure-corporate-political-contributionsReceiving Your Benefit and Filing Your Option Election – Regional State Park Police Plan
… your Option Election form (unless notified otherwise, as in the case of disability retirement) before the first day of …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – Police and Fire Plan
… your Option Election form (unless notified otherwise, as in the case of disability retirement) before the first day of …
https://www.osc.ny.gov/retirement/publications/1512/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – En-Con Police Officers Plan
… your Option Election form (unless notified otherwise, as in the case of disability retirement) before the first day of …
https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – Non-Contributory Plan with Guaranteed Benefits
… Your Option Election You must file your Option Election form (unless notified otherwise, as in the case of disability …
https://www.osc.ny.gov/retirement/publications/1513/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – Basic Plan with Increased-Take-Home-Pay (ITHP)
… must decide how you want your retirement benefit paid. You can choose from several options, all of which will provide …
https://www.osc.ny.gov/retirement/publications/1511/receiving-your-benefit-and-filing-your-option-electionTown of Shandaken – Employee Compensation and Benefits (2017M-289)
… Purpose of Audit The purpose of our audit was to determine whether Town officials … Background The Town of Shandaken is located in Ulster County. The Town is governed by an elected five-member Town …
https://www.osc.ny.gov/local-government/audits/town/2018/04/13/town-shandaken-employee-compensation-and-benefits-2017m-289Receiving Your Benefit and Filing Your Option Election – Career Plan
… must decide how you want your retirement benefit paid. You can choose from several options, all of which will provide …
https://www.osc.ny.gov/retirement/publications/1642/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – New Career Plan
… all of which will provide you with a monthly benefit for life. For example, you may elect the Single Life Allowance, which … may elect to receive a smaller monthly benefit to provide for a possible payment to a designated beneficiary after your …
https://www.osc.ny.gov/retirement/publications/1515/receiving-your-benefit-and-filing-your-option-electionOverview – Legacy Reporting
… forward employee contributions, loan payments and payments for service credit purchases (arrears). Employers using the … do not report contractors or consultants working for you. (To determine whether someone is an employee or a … the seventh day of the month following the report period. For example, the December report is due in our office by …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/overviewNew Hyde Park-Garden City Park Union Free School District – Financial Management (2014M-7)
… of July 1, 2011 through June 30, 2013. Background The New Hyde Park-Garden City Park Union Free School District is … District taxpayers such as reducing property taxes. … New Hyde ParkGarden City Park Union Free School District …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/new-hyde-park-garden-city-park-union-free-school-district-financial