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DiNapoli: State Pension Fund Value $178.1 Billion
… today announced that the New York State Common Retirement Fund Fund earned a 019 percent return on investments in the …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionFull- and Part-Time Service Credit – Career Plan
… the day you begin employment with a participating employer and you work on a full-time, continuous basis, we calculate … employed on a less than full-time basis. For Tier 2, 3, 5 and 6 members, part-time employment is credited as the lesser … minimum wage × 2,000) Employers report your days worked and salary to us. …
https://www.osc.ny.gov/retirement/publications/1642/full-and-part-time-service-creditFull- and Part-Time Service Credit – Police and Fire Plan
… ÷ 260 days or annual salary reported ÷ (State’s hourly minimum wage × 2,000) Employers report your days worked and salary to us. …
https://www.osc.ny.gov/retirement/publications/1512/full-and-part-time-service-creditFull- and Part-Time Service Credit – New Career Plan
… ÷ 260 days or annual salary reported ÷ (State’s hourly minimum wage × 2,000) Employers report your days worked and salary to us. …
https://www.osc.ny.gov/retirement/publications/1515/full-and-part-time-service-creditFull- and Part-Time Service Credit – Non-Contributory Plan with Guaranteed Benefits
… full-time, continuous basis, we calculate your retirement service credit by subtracting your beginning date of … you actually leave paid employment. Part-Time Employment Service credit may be prorated for Tier 1 members employed on … part-time employment is credited as the lesser of: number of days worked ÷ 260 days or annual salary reported ÷ …
https://www.osc.ny.gov/retirement/publications/1513/full-and-part-time-service-creditFull- and Part-Time Service Credit – Basic Plan with Increased-Take-Home-Pay (ITHP)
https://www.osc.ny.gov/retirement/publications/1511/full-and-part-time-service-creditWhat to Report – Legacy Reporting
… in the enhanced reporting guide . Overtime Tiers 1, 2, 3 and 4: All overtime should be reported. Tiers 5 and 6: Only overtime up to annual limitation (see the … payments General Municipal Law (GML) Section 207-a and 207-c payments *As of July 1, 2019, public safety …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-reportState Agencies Bulletin No. 1368
… Compensation Contribution Limits Pursuant to IRS Section 457 Regulations: The regular yearly contribution amount for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1368-deferred-compensation-maximum-contribution-limits-calendar-year-2015State Agencies Bulletin No. 1291
… Compensation Contribution Limits Pursuant to IRS Section 457 Regulations: The regular yearly contribution amount for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1291-deferred-compensation-maximum-contribution-limits-calendar-year-2014Estimate Your Pension
… To get started: Sign in to Retirement Online . Look under My Account Summary . Click Estimate My Pension Benefit button. Retirement Online uses your … information: Sign in to Retirement Online . Look under My Account Summary . Although most Tier 2–6 members can use …
https://www.osc.ny.gov/retirement/members/estimate-your-pensionState Agencies Bulletin No. 1497
… benefit and of adjustments that may be made to DCAA payroll deductions for eligible PEF employees. Affected … benefit and of adjustments that may be made to DCAA payroll deductions for eligible PEF employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1497-retroactive-dependent-care-advantage-account-dcaa-new-york-dependentState Agencies Bulletin No. 974
… for members who have ten (10) or more years of membership in the Optional Retirement Program (ORP). ORP members who have ten (10) or more years of membership will receive a reduction in employee contributions … Type of 7Z (TIAA/CREF) and has ten (10) or more years of membership will automatically change to non-contributory …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/974-elimination-mandatory-employee-contribution-members-optional-retirementDiNapoli Releases Report on Casinos' Impact on Upstate Local Tax Revenues
… From 2017 to 2022 New York’s four licensed casinos brought $176 million in gaming tax revenue to host and regional local governments, but only the three … host casinos realized significant fiscal benefits relative to their overall revenue, a report from State Comptroller …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-releases-report-casinos-impact-upstate-local-tax-revenuesDiNapoli Releases Interactive Map of Local Census Results
… based on 2020 Census data and an interactive online map that breaks down population statistics by age, race and … based on 2020 Census data and an interactive online map …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-releases-interactive-map-local-census-resultsBecoming Eligible for a Benefit – Regional State Park Police Plan
… Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 …
https://www.osc.ny.gov/retirement/publications/1867/becoming-eligible-benefitState Agencies Bulletin No. 1538
… Purpose To notify agencies of the maximum contribution limits for employees enrolled in the New York … Plan for calendar year 2017. The regular yearly contribution amount for Deferred Compensation will remain at … can defer up to $6,000 in addition to their regular contribution amount, for a combined total contribution limit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1538-deferred-compensation-maximum-contribution-limits-calendar-year-2017State Agencies Bulletin No. 1449
… Purpose To notify agencies of the maximum contribution limits for employees enrolled in the New York … Plan for calendar year 2016. The regular yearly contribution amount for Deferred Compensation will remain at … age, remains at $18,000, for a combined maximum total contribution of $36,000 for calendar year 2016. An additional …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1449-deferred-compensation-maximum-contribution-limits-calendar-year-2016State Agencies Bulletin No. 885
… Purpose To notify agencies of the secondary reduction in employee contributions. Affected Employees Contributory … 125-A, Section 6252 2(c), eliminating the mandatory employee contribution for members who have ten (10) or more … or more years of membership will receive a reduction in employee contributions over a phased-in period, ultimately …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/885-elimination-mandatory-employee-contribution-members-optional-retirementStraight Talk About Financial Planning For Your Retirement
… to help you understand your benefits and stay informed. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your benefits, as well as important retirement news. Like us on Facebook and follow us on Twitter for quick …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementState Agencies Bulletin No. 1561
… agencies that the pensionable overtime earnings limit for Tier 6 Employee Retirement System (ERS) members is $15,721 for fiscal year 2017-18. Affected Employees Employees who are … Effective Date(s) Institution and Administration Paychecks for fiscal year 2017-18 Background In accordance with Chapter …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1561-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2017-18