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DiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… of $183.5 billion as of the close of the state fiscal year on March 31, 2015. “The Fund performed well over the past year despite the challenges in the market,” DiNapoli said. … cost and are determined by investment results over a multi-year period along with numerous other actuarial assumptions, …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionState Agencies Bulletin No. 1145
… Hourly Employee RGO Regular Pay Override RGS Regular Pay Salary Employee SUP Supplemental Location Pay TSP Military … Military Stipend ASL Adjust Supp Location Comp BSA Back Salary Award ES1 Extra Service Hourly ES2 Extra Service …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1145-2012-2013-deficit-reduction-plan-employees-agency-police-services-unitOvertime Temporarily Excluded from Tier 6 Contribution Rates
… overtime pay earned from April 1, 2022 through March 31, 2024 from the calculation of Tier 6 contribution rates. This … rates for some Tier 6 members for State Fiscal Year 2024-25 (April 1, 2024–March 31, 2025) and State Fiscal Year 2025-26 (April 1, …
https://www.osc.ny.gov/retirement/employers/overtime-temporarily-excluded-tier-6-contribution-ratesXIV.5 Employee Award Programs – XIV. Special Procedures
… their choice will receive meals valued at $19 per plate. Result - All costs associated with the awards and the award … $50 gift certificate from the M/C non-cash award program. Result – The cost of the award is allowable since gift … program. All three awards were qualified program awards. Result – The cost of the awards are allowable; however, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsSUNY System Administration Office – Selected Employee Travel Expenses
… Purpose To determine whether the use of travel monies by selected government employees complied with rules and regulations and is free from fraud, waste, and abuse. The … meals, lodging, transportation, fuel, and incidental costs such as airline baggage and travel agency fees. As part …
https://www.osc.ny.gov/state-agencies/audits/2013/07/31/suny-system-administration-office-selected-employee-travel-expensesState Agencies Bulletin No. 1327
… Plan. Affected Employees Summer seasonal employees (with a Pay Basis Code equal to HRY) in the State University … Summer Seasonal Lifeguard Deficit Reduction Plan period by check date and includes the pay period number, pay period … Unit 68 on the pay period end date for the pay period being processed. Employee has a Payroll Status of Active, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1327-first-phase-deficit-reduction-plan-psnu-employees-summer-seasonalUnified Court System Bulletin No. UCS-319.1
… in the following Bargaining Units: 87, 86, DR, F8, SR and SY who met the eligibility criteria on 04/01/2022 and … New York (UCS) and Bargaining Units 87, 86, DR, F8, SR and SY provides for a retroactive increase in SLED payments …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-3191-retroactive-april-2022-ucs-sled-payment-increaseForfeiture of Benefits for Convicted Felons
… of the amendment to Article V, Section 7 of the NYS Constitution, to be applicable to all “public officials” … Constitutional Amendment to Article 5, Section 7 of the NYS Constitution In 2018, Article 5, Section 7 of the New … or justice of the unified court system; or A legislative, executive, or judicial employee who directly assists in the …
https://www.osc.ny.gov/retirement/members/forfeiture-benefits-convicted-felonsDiNapoli: New York’s Employee Stock Ownership Plans Lead Nation in Assets
… how employee ownership models, which give workers a stake in the companies that employ them, not only help stabilize … provide opportunities for workers and the communities they live in. State leaders have the opportunity to provide … encourage employee ownership more broadly by developing strategies to: Expand networks and partnerships of business …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-new-yorks-employee-stock-ownership-plans-lead-nation-assetsEmployees' Retirement System Membership Registration (RS5420)
For NYSLRS employers to enroll new Employees' Retirement System (ERS) members.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs5420.pdfService Credit for Tiers 2 through 6
… from Comptroller Thomas P. DiNapoli When you retire, the pension benefit you receive will be directly related to your … can see your total estimated service credit in Retirement Online . Sign in to your account and scroll down to the ‘My … Most Tier 2, 3, and 4 members can also use the quick calculator . Benefit projections from the quick calculator …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6Public Safety Overtime
… overtime policy and/or collective bargaining agreement and payroll documents associated with the special duty …
https://www.osc.ny.gov/retirement/employers/public-safety-overtimeApplication 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.pdfUnified Court System Bulletin No. UCS-250
… in a separate check dated 12/13/2017. There is no direct deposit for this payment. Eligibility Criteria Uniform … paid will appear on the employee’s paycheck stub and direct deposit advice (if applicable). This payment will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-250-december-2017-unified-court-system-ucs-uniform-and-equipmentState Agencies Bulletin No. 1574.1
… for 21P teachers will end on the last day of the academic year as reported in the employee’s Contract Pay page. … agency in which the employee worked during the academic year but is not continuing in the Summer Session agency in … must be terminated effective 09/01/17. 2017-2018 Academic Year All procedures for the 2017-2018 academic year will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/15741-2017-summer-session-payments-institution-teachersAbout an Employer’s Role – What Every Employer Should Know
… NYSLRS that we take pride in. Without your cooperation and assistance, we would not be able to provide members with the benefits they have earned. We rely on you to provide us … about your employees throughout their employment. One of the most important responsibilities you have as a …
https://www.osc.ny.gov/retirement/employers/partnership/about-employers-roleSUNY Bulletin No. SU-339
… Tier 6 employees’ Savings Plans pages due to the two-year look back. Affected Employees Tier 6 ORP members are affected. Background On March 16, 2012, the Governor signed legislation creating Tier 6. … of Earnings/Contribution Rate based on review of the “two-year look back” salary. Locked query …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-339-two-year-look-back-tier-6-suny-optional-retirement-planRetirement Benefit Summary Tier 6 ERS
… benefits for Tier 6 New York State and Local Employees Retirement System members …
https://www.osc.ny.gov/retirement/members/retirement-benefit-summary-tier-6-ersUnified Court System Bulletin No. UCS-290.1
… income taxes. Federal, State and New York City income tax withholding will be calculated using the Aggregate method. Yonkers income tax withholding will be calculated using the Flat Rate method …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-2901-april-2020-state-new-york-unified-court-system-retroactiveState Agencies Bulletin No. 1184
… Pay LOM Location Pay – Other Amount MSP Military Stipend Payment RGH Regular Pay Hourly Employee RGO Regular Pay …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1184-2011-2012-and-2012-2013-deficit-reduction-plan-arbitration-eligible