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DiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… fund will continue to be one of the nation’s strongest and best-funded,” DiNapoli said. “While the reduction in employer … our investment decisions are always made based on what is best for our 1.1 million working and retired members and … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemEmployer Projected Invoice
… Program . For participants of these programs, this does not account for the balance of your Reserve Fund, which …
https://www.osc.ny.gov/retirement/employers/employer-projected-invoiceTier 6 Defined Contribution Plan Option
… Employees newly hired on or after July 1, 2013 have the option to choose either the … plan must file an election during their first 30 days of employment. You must continue to inform your new employees of their right to join the Retirement System. In addition, …
https://www.osc.ny.gov/retirement/employers/tier-6-defined-contribution-plan-optionOverview – Enhanced Reporting
… Every month, you use Retirement Online to report your employees’ earnings and the number of days they worked to NYSLRS. You also report and forward … payments for service credit purchases (SCP). In addition, when you need to adjust previously reported information, you …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/monthly-report/overviewMembership Milestones for Employees’ Retirement System (ERS) Members
… as age 55. (You will forfeit the monthly benefit if you withdraw your contributions .) With 5 years of service … and die prior to your retirement. No longer able to withdraw your membership and receive a refund of your contributions. With …
https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-membersUnified Court System Bulletin No. UCS-355
… implemented the 2021-2026 Agreement between the New York State Court Clerks (BU S9) and the Unified Court System of the State of New York, provides for a maintenance allowance to … subject to all employment taxes and income taxes. Federal, State, and New York City income tax withholding will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-355-2025-ucs-blazer-pensionability-changeState Agencies Bulletin No. 1714
… due to the two-year look back Affected Employees New York State employees who are members of the VDC Background On …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1714-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcState Agencies Bulletin No. 1886
… Purpose The purpose of this bulletin is to provide agencies with instructions on how to update a Tier 6 employee’s Retirement Plan page due … Employees Tier 6 New York State employees who are members of the VDC are affected. Background On March 16, 2012, the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1886-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdcState Agencies Bulletin No. 1793
… a Payroll Status of Active, Leave of Absence, Leave with Pay, and Terminated. The steps to update the Benefit Plan are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1793-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcEmployer E-News Archive — 2023
The latest Retirement System news for NYSLRS employers
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2023Payroll Improvement Project Bulletin No. PIP-018
… limit for the current plan year, are impacted: New York State Employees’ Retirement System (NYSERS) New York State Police and Fire Retirement System (NYSPFRS) New York State Teachers’ Retirement System (NYSTRS) New York City …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-018-new-additional-pay-earns-codes-v-codes-payservState Comptroller DiNapoli & U.S. Attorney Announce Guilty Plea & Sentencing of Former Albany Resident for Defrauding NYS Retirement System of $130,624
… State Comptroller Thomas P. DiNapoli and United States … ordered to pay $130,624 in restitution to the New York State & Local Retirement System. Magistrate Judge Paige J. …
https://www.osc.ny.gov/press/releases/2017/12/state-comptroller-dinapoli-us-attorney-announce-guilty-plea-sentencing-former-albany-residentState Agencies Bulletin No. 1598
… Purpose: The purpose of this bulletin is to inform agencies of PayServ … Retired and Rehired in PayServ who still show as Elect in the Savings Plans page and are receiving service credit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1598-terminating-retirement-plans-active-employees-prior-job-action-retireEnding Your Membership – State Police Plan
… an officer or employee with an employer that participates in NYSLRS. … State Police Plan information for PFRS Tier 2 5 …
https://www.osc.ny.gov/retirement/publications/1518/ending-your-membershipDiNapoli: Woman Arrested for Stealing Deceased Sister's Pension Checks
… State Comptroller Thomas P. DiNapoli and Brooklyn District Attorney Eric Gonzalez today announced the … of Investigations, 8th Floor, 110 State St., Albany, NY 12236. … State Comptroller Thomas P DiNapoli and Brooklyn …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-woman-arrested-stealing-deceased-sisters-pension-checksUnified Court System Bulletin No. UCS-319
… the effective date of the payment, the payroll system does not consider the AC-230 when calculating the automatic … to the Social Security Administration (SSA). As PayServ does not include this information, OSC will be mailing a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-319-retroactive-april-2022-ucs-sled-payment-increaseState Agencies Bulletin No. 1101
… employee within the purview of the agreement between the State of New York and the Public Employees Federation. … Additional Pay record(s). Earnings Code Description CON Contract Pay Regular Earnings FEE Fee FRC Fee – Retirement … SWB Salary Withholding Biwkly/Hrly SWC Salary Withholding Contract Pa SWO Salary Withholding Override SWP Salary …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1101-2011-2012-deficit-reduction-plan-employees-represented-public-employeesInvestment Advisory Committee
… by the Comptroller pursuant to Section 423 of the New York State Retirement and Social Security Law. The Investment …
https://www.osc.ny.gov/common-retirement-fund/resources/investment-advisory-committeeState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… New York State Comptroller Thomas P. DiNapoli today announced the New York State and Local Retirement System (NYSLRS) employer … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredFactors Affecting an Employer’s Annual Payment – What Every Employer Should Know
What every employer should know about NYSLRS what it means to participate as an employer
https://www.osc.ny.gov/retirement/employers/partnership/factors-affecting-employers-annual-payment