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DiNapoli: New York's March 31 Cash Standing Above Projections, but Faces Significant Shortfall in Weeks
… year on March 31 with cash-on-hand in the General Fund of $8.9 billion, or $2.4 billion above projections. The state … disaster require significantly more assistance and must get priority relief from Washington." DiNapoli’s report also … settlements and amounts reserved for debt management. Of this amount, $428 million was deposited to the Rainy Day …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-new-yorks-march-31-cash-standing-above-projections-faces-significant-shortfall-weeksApplication for Transfer of Membership in Accordance with Chapter 390 (Laws of 2009) (PF5467)
For NYSLRS PFRS members who previously transferred an Employees’ Retirement System (ERS) membership to the Police and Fire Retirement System (PFRS)
https://www.osc.ny.gov/files/retirement/forms/pdf/pf5467.pdfDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… Thomas P. DiNapoli announced the New York State and Local Retirement System (NYSLRS) employer contribution rates will decrease for fiscal year 2016-17 and the assumed rate of return for NYSLRS will be lowered from 7.5 percent to 7 …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnXI.2.F Timely Submittal of Contracts – XI. Procurement and Contract Management
… Sufficient time must be incorporated to allow for review of contract transactions submitted to the Office of the State … NFP corporations. Significant interest penalties accrue when these contracts are submitted after the start date and result in late payments to the NFP. Agencies are …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2f-timely-submittal-contractsAdditional Benefits after 20 Years (Sections 384-e and 384-e [b]) – Special 20- and 25-Year Plans
… adopted coverage under Section 384-e and/or 384-e (b) of the RSSL. If your employer adopts either of these … of time, and you enter employment after the expiration date, you would not be eligible for them. Note: This benefit … creditable service beyond 20 years. If you are age 55 at retirement and your regular plan would provide a greater …
https://www.osc.ny.gov/retirement/publications/1517/additional-benefits-after-20-years-sections-384-e-and-384-e-bApplication for Transfer of Membership (RS5534)
To transfer your current Retirement System membership to another public retirement system in New York State use form RS5534.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs5534.pdfState Police Bulletin No. SP-223
… Purpose The purpose of this bulletin is to inform the Division of State Police of … on 11/01/2021 as follows: Earnings Code: HZS Effective Date: 11/01/2021 OT Eff Date: 11/01/2021 Annual Addl … Annual Addl Earnings (to prevent making another payment) Retirement Information Hazardous Duty Pay is pensionable. Tax …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-223-2021-state-police-hazardous-duty-payState Police Bulletin No. SP-213
… Purpose The purpose of this bulletin is to inform the Division of State Police of … on 11/01/2020 as follows: Earnings Code: HZS Effective Date: 11/01/2020 OT Eff Date: 11/01/2020 Annual Addl … Annual Addl Earnings (to prevent making another payment) Retirement Information Hazardous Duty Pay is pensionable. Tax …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-213-2020-state-police-hazardous-duty-payState Police Bulletin No. SP-212
… Purpose The purpose of this bulletin is to inform the Division of State Police of … on 11/01/20 as follows: Earnings Code: EXP Effective Date: 11/01/2020 OT Eff Date: 11/01/2020 Annual Addl … Annual Addl Earnings (to prevent making another payment) Retirement Information The Expertise Pay is pensionable. Tax …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-212-2020-state-police-expertise-payState Agencies Bulletin No. 561
… and Chapter 419 of the Laws of 2004 (PEF) provide for a $500.00 Longevity Payment for Long-Term Seasonal employees … who were Active in Pay Period 1 of Fiscal Year 2005-06 in a CSEA (BU 02 , 03 , 04 ) or PEF (BU 05) seasonal hourly … Earnings Begin Date: Enter the first date of overtime to be adjusted Earnings End Date Enter the last date of overtime …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/561-50000-longevity-payment-long-term-seasonal-employees-represented-cseaDivision of Housing and Community Renewal Bulletin No. DH-139
… Purpose: The purpose of this bulletin is to inform the Division of Housing and … Mid-Hudson Pay will be paid using the following effective date and check date: Pay Cycle/Pay Period Type 2025 Effective … on the employee’s Form W-2. Undeliverable Checks: When a valid payroll check is undeliverable due to the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-139-april-2025-increases-location-pay-eligible-employeesState Agencies Bulletin No. 1594
… 15-B , during 2017, an employer may exclude the value of employer provided transportation benefits from an … for transit passes. $255 per month for qualified parking. When establishing these pre-tax programs an employer may also … pre-tax deductions have monthly limits and, therefore, do not coincide perfectly with a bi-weekly pay cycle. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1594-new-control-d-report-pre-and-post-tax-transit-and-pre-and-post-taxState Agencies Bulletin No. 1275
… Purpose To notify agencies of the new deduction codes 616 PAF Retirement Before Tax (PAF BTX) and 618 PAF Arrears Before … under Internal Revenue Code Section 414(h). Effective Date(s) Institution pay checks dated October 17, 2013 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1275-new-deduction-code-616-paf-retirement-tax-paf-btx-and-new-deductionVII.9.A Fringe Benefits and Indirect Costs Automation – VII. State Revenues and Appropriated Loan Receivables
… are incurred and subsequently recovers each agency’s share of the costs from Federal and other dedicated revenue funds … queries. Using this functionality eliminates the need to do journal entries after the FBIC process is complete, which … and enter Redirect data that is valid as of a future date. When the FBIC process is run it will apply the most recent …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9a-fringe-benefits-and-indirect-costs-automationState Agencies Bulletin No. P-823
Increase Retirement Arrears Numbers of Periods
https://www.osc.ny.gov/files/state-agencies/payroll-bulletins/pdf/agencies-p-823.pdfState Agencies Bulletin No. 619-B
… employees who have been paid the 2003 M/C Performance Advance, and to provide instructions for resubmission of salary plans for certain employees, and to communicate …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/619-b-addendum-payroll-bulletin-no-619-restoration-2003-managementAnthem Blue Cross – Coordination of Benefits With Medicare
… Insurance Program (NYSHIP), administered by the Department of Civil Service (Civil Service), is one of the nation’s … insurance companies use for paying health care claims when people are covered by more than one insurance plan. This … Medicare eligibility and enrollment status, including retirement dates, held harmless status, and Medicare-primacy …
https://www.osc.ny.gov/state-agencies/audits/2024/08/19/anthem-blue-cross-coordination-benefits-medicareDiNapoli Expands State Pension Fund's In-State Investment Program
… Thomas P. DiNapoli today announced the creation of the $200 million New York Credit Small Business Investment … Comptroller Thomas DiNapoli and the New York State Common Retirement Fund, Hamilton Lane is excited about the expansion … more favorable terms than other financial lenders. To date, $362 million has been loaned to 1,082 small businesses …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-expands-state-pension-funds-state-investment-programCalculating Days Worked – Enhanced Reporting
… To calculate the number of days worked, first determine the number of hours worked … per pay period over the same ten months. Therefore, when report periods include days in which school is not in … payment” in June or possibly additional money in July), do not report extra days worked in June or July. Follow the …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/calculating-days-workedState Agencies Bulletin No. 2325
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic … annual earnings, these payments must be increased when there is an increase to employees’ annual earnings. … Paymentwill be processed using the following effective date and check date: Pay Cycle/Pay Period Type 2025 Effective …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2325-april-2025-increases-premium-overtime-administrative-maintenance-pay