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Estimate Your Pension
… how much you can expect to receive is an important part of retirement planning . Use Retirement Online to Estimate … to Estimate Your Pension Most members can use the quick calculator to estimate their pension. However, unlike …
https://www.osc.ny.gov/retirement/members/estimate-your-pensionCensus 2020 Response Rates
… New York pays more in taxes to the federal government than any other state but ranks last in what it gets back …
https://www.osc.ny.gov/censusXIII.4.C Travel Mileage Rates – XIII. Employee Expense Reimbursement
… irs-increases-the-standard-mileage-rate-for-business-use-in-2025-key-rate-increases-3-cents-to-70-cents-per-mile Mileage … Vehicle Standard Rate Motorcycle Mileage Rate January 1, 2025 0.700 0.680 January 1, 2024 0.670 0.650 January 1, 2023 … mileage. Guide to Financial Operations REV. 01/02/2025 … New York State reimburses employees for business use …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii4c-travel-mileage-ratesState Agencies Bulletin No. 1497
… represented by Bargaining Unit 05 (PEF) who enrolled in the Dependent Care Advantage Account during or after the … of current bargaining unit Background Due to no contract in place as of January 1, 2016, employees represented by PEF … reported in Box 10 Dependent Care Benefits on the employee Form W-2. Amounts in excess of the $5,000.00 IRS pre-tax …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1497-retroactive-dependent-care-advantage-account-dcaa-new-york-dependentEmployer Graded Rate Contribution Calculation
… Program Legislative Session 2017-2018: Signed into law on June 27, 2017 as Chapter 48 of the Laws of 2017 – A.2384 …
https://www.osc.ny.gov/legislation/employer-graded-rate-contribution-calculationDiNapoli Releases Report on Casinos' Impact on Upstate Local Tax Revenues
… casinos. They are not a sure bet.” DiNapoli’s 2020 report on gaming revenues showed that all four current casinos — del … — had fallen well short of the projected gross revenues on which local taxes are levied. Three years later, these … not examine the non-financial impacts of hosting a casino on issues like gambling addiction or quality of life issues. …
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
… New York State Comptroller Thomas P. DiNapoli today released a report … Census data and an interactive online map that breaks down population statistics by age, race and ethnicity, along with housing trends, in New …
https://www.osc.ny.gov/press/releases/2021/11/dinapoli-releases-interactive-map-local-census-resultsState Agencies Bulletin No. 974
… agencies with identifying Active (Active, Leave with Pay, Leave without Pay) employees eligible for the final reduction in employee …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/974-elimination-mandatory-employee-contribution-members-optional-retirementBecoming Eligible for a Benefit – Regional State Park Police Plan
… 10/22 … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a …
https://www.osc.ny.gov/retirement/publications/1867/becoming-eligible-benefitState Agencies Bulletin No. 1538
… contribution limits for employees enrolled in the New York State Deferred Compensation Plan for calendar year 2017. The … will remain at $18,000. An additional deferment is available to employees age 50 and over. These employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1538-deferred-compensation-maximum-contribution-limits-calendar-year-2017State Agencies Bulletin No. 1449
… of the maximum contribution limits for employees enrolled in the New York State Deferred Compensation Plan for calendar … “Retirement Catch-Up” provision, available to employees in each of the last three years prior to normal retirement … age 50 and over. These employees can defer up to $6,000 in addition to their regular contribution amount, for a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1449-deferred-compensation-maximum-contribution-limits-calendar-year-2016State 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-2017-18State Agencies Bulletin No. 1479
… Purpose To notify agencies that the pensionable overtime earnings limit for Tier 6 Employee Retirement System (ERS) members is $15,608. Background In accordance with Chapter 18 of the … amount increases each fiscal year based on the Consumer Price Index on December 31st of previous year. Affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1479-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2016-employeesOne-Year FAE – Special 20- and 25-Year Plans
… earned in the 12 months right before you retire. The types of payments included in a one-year FAE are the same as the types of payments included in a three-year FAE. Your pension … FAE exceed the average of the previous 12-month period by more than 20 percent, the amount above 20 percent will not …
https://www.osc.ny.gov/retirement/publications/1517/one-year-faeBecoming Eligible for a Benefit – Career Plan
Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by Article 11 Sections 375h and 375i Becoming Eligible for a Benefit
https://www.osc.ny.gov/retirement/publications/1642/becoming-eligible-benefitBecoming Eligible for a Benefit – Police and Fire Plan
… you will be vested. This means you have earned the right to receive a retirement benefit, even if you leave public … an active member. Vesting is automatic — you do not have to fill out any paperwork or file an application to become vested. However, you will need to file an …
https://www.osc.ny.gov/retirement/publications/1512/becoming-eligible-benefitBecoming Eligible for a Benefit – New Career Plan
… Once you have accrued five years of credited service, you will be vested. This means you have … collect a vested retirement benefit at age 63. The amount of your vested benefit is based on your service, age at …
https://www.osc.ny.gov/retirement/publications/1515/becoming-eligible-benefitBecoming Eligible for a Benefit – Non-Contributory Plan with Guaranteed Benefits
… Once you have accrued five years of credited service, you will be vested. This means you have … collect a vested retirement benefit at age 63. The amount of your vested benefit is based on your service, age at …
https://www.osc.ny.gov/retirement/publications/1513/becoming-eligible-benefitState Agencies Bulletin No. 885
… Purpose To notify agencies of the secondary reduction in employee … (10) or more years of membership will automatically change to a non-contributory status. Note : Based on a legal review …
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
… when you are ready to retire, your pension will be there for you. Your retirement benefit is only one part of a good … it’s a good time to check your finances and develop a plan for when you retire. Here are some steps you can take to … when you can choose “Vested Retirement.” This option is for those who are or will be vested, and should be used only …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirement