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State Agencies Bulletin No. 2087
… The purpose of this bulletin is to notify agencies of the 2023 maximum salary limit for ORP and VDC plan members. … and 408 (k) (6) (D) (ii) will increase to $330,000 for the 2023 calendar year for ORP and VDC Tier 1 through 6 plan … beginning Administration paychecks dated January 4, 2023, and Institution paychecks dated January 12, 2023. OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2087-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntaryState Agencies Bulletin No. 2187
… limit for ORP and VDC plan members. Affected Employees: Tier 1 through 6 members of the ORP and VDC are affected. … 401(a), 404(I), 408 (k) (3) (C), and 408 (k) (6) (D) (ii) will increase to $345,000 for the 2024 calendar year for ORP and VDC Tier 1 through 6 plan participants. Effective Dates: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2187-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntaryState Agencies Bulletin No. 648-A
… Purpose To explain OSC’s automatic processing of payments. Affected … eligible for this Cash Advance Payment Background Pursuant to Chapter 113 of the Laws of 2006 which implements the … payments for those employees covered by the award. Due to the complexity of processing the General Salary Increases …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/648-cash-advance-payment-eligible-employees-represented-nyscopba-bu01DiNapoli: January Local Sales Tax Collections Down 5.9 Percent
… sales tax collections statewide were down 5.9 percent in January compared to the same time last year, State … 2020. The decline was less than the 8.4 percent drop in December and the double-digit declines in the earlier months of the pandemic (April-June). “The …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-january-local-sales-tax-collections-down-5-point-9-percentA Message From Comptroller Thomas P. DiNapoli – Special 20- and 25-Year Plans
… Benefits you will receive if you meet the service and age requirements (service retirement benefits); Benefits you … receive if you leave public service before you meet the age requirement for a service retirement benefit (vested …
https://www.osc.ny.gov/retirement/publications/1517/message-comptroller-thomas-p-dinapoliA Message From Comptroller Thomas P. DiNapoli – State Police Plan
… Benefits you will receive if you meet the service and age requirements (service retirement benefits); Benefits you … receive if you leave public service before you meet the age requirement for a service retirement benefit (vested …
https://www.osc.ny.gov/retirement/publications/1518/message-comptroller-thomas-p-dinapoliState Agencies Bulletin No. 1562
… that the pensionable overtime earnings limit for fiscal year 2017-18 is 15% of member’s regular annual wages as per Tier 6 legislation. The overtime limit has remained at 15% since … Institution and Administration Paychecks for fiscal year 2017-18 Background In accordance with Chapter 18 of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1562-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2017-18State Agencies Bulletin No. 1101
… a row on the Additional Pay page for employees who meet ALL of the following criteria: Employee is in an eligible … was in an eligible bargaining unit. The system will total all monies for the following earnings codes where the … the system will calculate the deficit reduction amount on all eligible earnings where the earnings end date falls …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1101-2011-2012-deficit-reduction-plan-employees-represented-public-employeesMore About This Retirement Plan – Article 14 Benefits
… 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/more-about-retirement-planXIV.10.B Travel and Purchase Rewards Programs; Updated Information Regarding T-Cards, P-Cards, and NET-Cards – XIV. Special Procedures
… Section Overview and Policies The purpose of this section is to emphasize awareness by State officers and employees of the requirements … as a result of their official duties [use of which is prohibited] and travel rewards or points [use of which may … The purpose of this section is to emphasize awareness by State officers and employees of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv10b-travel-and-purchase-rewards-programs-updated-information-regarding-t-cards-p-cards-and-netStatement of Accrued Payments and Leave Credits (RS6221)
To certify a member’s payments and credits at retirement, NYSLRS employers use form RS6221.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs6221.pdfState Agencies Bulletin No. 1450
… 2016 is $17,910.78. Background In accordance with Chapter 504 of the Laws of 2009, Legislation established an annual, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1450-tier-5-pensionable-overtime-earnings-limit-calendar-year-2016-employeesCollege Readiness
… covered the period from September 2015 through March 2022 and included students who were expected to graduate high … nearly half of all students who do complete high school and go to college require remedial courses and nearly half never graduate. The New York City Department …
https://www.osc.ny.gov/state-agencies/audits/2022/10/04/college-readinessState Agencies Bulletin No. 763
… 3/31/07 in the amount of $500 annually. The payment is included in the calculation of overtime and is pensionable. Inconvenience Pay The legislation provides … Employees who on 3/31/04 are Hourly and whose status is Active or Leave of Absence with a reason of Workers’ …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/763-implementation-bonus-payment-and-other-increases-non-arbitrationContributing Toward Your Retirement – Coordinated Plan For ERS Tier 5 Members
… Coordinated Plan information for ERS Tier 5 members under Article 15 Contributing Toward …
https://www.osc.ny.gov/retirement/publications/1523/contributing-toward-your-retirementContributing Toward Your Retirement – Coordinated Plan For ERS Tier 3 and 4 Members
… members under Articles 14 and 15 Contributing Toward Your Retirement …
https://www.osc.ny.gov/retirement/publications/1522/contributing-toward-your-retirementRetirement Contribution Borrowing Limits
… certain Tier 6 members of the New York State and Local Retirement System may borrow against retirement contributions. Memo Bill Text Status … certain Tier 6 members of the New York State and Local Retirement System may borrow against retirement contributions …
https://www.osc.ny.gov/legislation/retirement-contribution-borrowing-limitsInvestment of Retirement Funds
… Program Legislative Session 2021-2022: Investment of Retirement Funds – S.9051 (Jackson) – Permits investment of retirement funds in mortgages guaranteed by New York state … Permits investment of retirement funds in mortgages guaranteed by New York state …
https://www.osc.ny.gov/legislation/investment-retirement-funds20-Year Retirement Benefit – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
Sheriffs Undersheriffs Deputy Sheriffs Special Plan ERS Tier 36 Article 14B Sections 551 552 553 The 20Year Retirement Benefit Section 552
https://www.osc.ny.gov/retirement/publications/1841/20-year-retirement-benefit25-Year Retirement Benefit – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
Sheriffs Undersheriffs Deputy Sheriffs Special Plan for ERS Tier 36 Article 14B Sections 551 552 553 25Year Retirement Benefit Section 551
https://www.osc.ny.gov/retirement/publications/1841/25-year-retirement-benefit