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Comparison of ERS Benefits
… Below is a comparison of Employees’ Retirement System (ERS) benefits by tier. Tiers 3 & 4 Tier 5 Tier 6 Membership … 6. Service Retirement Pension Benefit Calculation — Most ERS members are covered under the Article 15 Retirement Plan … FAE × years of service beyond 30 For information on other ERS retirement plans, refer to our Publications page . …
https://www.osc.ny.gov/retirement/employers/comparison-ers-benefitsLocal Government – 2022 Financial Condition Report
… Local Revenue Sources Remained Fairly Stable Real property tax revenues were mostly unaffected by COVID-19 in local … source for counties (33.6 percent in LFY 2020). Property Tax – Allowable Levy Growth Is Increasing Again After a Decline Generally, the property tax cap limits levy increases to the lesser of 2 percent or …
https://www.osc.ny.gov/reports/finance/2022-fcr/local-governmentDiNapoli: Audits Find Certain IDAs Lack Job Creation Data
… meeting job creation goals. These same IDAs are unable to recover incentives given to companies that fail to reach specific benchmarks because of inadequate contract …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-audits-find-certain-idas-lack-job-creation-dataState Agencies Bulletin No. 2002
… Purpose: The purpose of this bulletin is to provide information and processing instructions … of the parties. Effective Dates: The annual stipend is effective on 10/19/2017 for employees deemed eligible as … hours. The stipend shall not be reduced if the employee is placed on an authorized paid or unpaid leave of absence …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2002-annual-stipend-canine-handlers-represented-public-employees-federationManagement of the Student-School Matching Algorithm
… students can apply. Students and their families complete applications for high school through MySchools, the official … the algorithm is working as intended, that all students’ applications are captured and given due consideration, and … reports timely, as required by Local Law 72 of 2018, on applications, offers, and available seats, which are key …
https://www.osc.ny.gov/state-agencies/audits/2025/07/24/management-student-school-matching-algorithmState Comptroller DiNapoli Releases Year-End Accomplishments
… in four years in State Fiscal Year 2014-15 (0.8 percent of payroll for the Employee Retirement System and 1.3 percent of payroll for Police and Fire Retirement System) because of … compensation benefits and more. Processed $15 billion in payroll checks for more than 250,000 employees in …
https://www.osc.ny.gov/press/releases/2014/01/state-comptroller-dinapoli-releases-year-end-accomplishmentsMembership Milestones for Employees’ Retirement System (ERS) Members
… death and disability benefits. After 1 year of service credit, you are covered by a non-job-related death benefit. With 5 years of service credit, you become vested and are entitled to a monthly … you withdraw your contributions .) With 5 years of service credit, you are eligible to apply for a non-job-related …
https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-membersOpinion 2007-6
… and the other compensation , as defined in subdivision two of this section, of the permanent full-time head of the …
https://www.osc.ny.gov/legal-opinions/opinion-2007-6State Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced … to protect taxpayer dollars from waste, fraud and abuse. New York’s school districts annually spend approximately $60 … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2016/07/state-comptroller-dinapoli-releases-school-audits-1CUNY Bulletin No. CU-793
… Group . 5 Year Recurring Increment Payment Schedule DC-37 Service Effective 02/01/2019 Effective … hour* $0.09 per hour* 10 Year Recurring Increment Payment Schedule DC-37 Service Effective 02/01/2019 Effective … Addl Earnings: Amount provided on roster (See Payment Schedule in Eligibility Criteria section) End Date: End date …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-793-implementation-city-university-new-york-cuny-5-year-and-10State Agencies Bulletin No. 2429
… inform agencies of OSC’s automatic processing of the April 2026 Security Performance Advances and provide instructions … Chapter 175 of the Laws of 2024 which implements the 2023-2026 Agreement between the State of New York and the NYS … Chapter 174 of the Laws of 2024 which implements the 2023-2026 Agreement between the State of New York and the Police …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2429-april-2026-security-performance-advancesState Agencies Bulletin No. 2119
… inform agencies of OSC’s automatic processing of the April 2023 Security Performance Advances and provide instructions … 91). Chapter 24 of the Laws of 2019 implemented the 2016-2023 Agreement between the State of New York and the NYS … Chapter 60 of the Laws of 2022 implemented the 2019-2023 Agreement between the State of New York and the Police …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2119-april-2023-security-performance-advancesState Agencies Bulletin No. 2221
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the … Security Performance Advances and provide instructions for payments not processed automatically. Affected Employees: … to a grade (Grade 101-125) and whose basic annual salary is below the Job Rate of the employee’s grade on the payment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2221-april-2024-security-performance-advancesState Agencies Bulletin No. 2335
The purpose of this bulletin is to inform agencies of OSCs automatic processing of the April 2025 Security Performance Advances and provide instructions for payments not processed automatically
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2335-april-2025-security-performance-advancesContributing Toward Your Retirement – State Police Plan
… the annuity you receive would be treated as taxable income, however because you made post-tax contributions, a … of your refund, and you may also be subject to a tax penalty. Please read the election form carefully before …
https://www.osc.ny.gov/retirement/publications/1518/contributing-toward-your-retirementOverview – State University Police Plan
… credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the wages … months of service when your earnings were highest. For Tier 6 members, it is the average of your highest 60 … payments from private, non-governmental entities.** *For Tier 5 and 6 members, the total amount of overtime that can …
https://www.osc.ny.gov/retirement/publications/1823/overviewComptroller DiNapoli Releases School Audits
… July 1, 2009 through June 30, 2014, an average of about $7.3 million per year. Also, because district officials did not …
https://www.osc.ny.gov/press/releases/2015/08/comptroller-dinapoli-releases-school-auditsBecoming a Participating Employer – What Every Employer Should Know
… fiscal year (April 1 – March 31), an initial valuation is performed. This valuation determines any deficiency in the … time you become a participating employer. The deficiency is paid in annual installments over 25 years and is included with the annual employer contribution, due …
https://www.osc.ny.gov/retirement/employers/partnership/becoming-participating-employerDiNapoli: Former Rosendale Court Clerk to Repay Stolen Funds
… investigations from DiNapoli’s office have resulted in the arrest of more than 80 individuals and the restitution and …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-former-rosendale-court-clerk-repay-stolen-fundsXV.7 Budget Allocations – XV. End of Year
… possible in the allocation of funds to ensure that: There is sufficient segregation authority available in SFS so all … required to be paid during the “blackout period” when SFS is not operational. Agencies need to do the following prior … the root cause of the workflow problems and resolve. Why is it important to resolve budget exceptions and move …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv7-budget-allocations