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State Agencies Bulletin No. 961
… law pension reform legislation (Assembly Bill No. A40026 and Senate Bill No. S66026) that creates a new Tier 5 that, … contributions of 3.5% of pay for all years of service Ten year credited service vesting requirement Overtime … Plan option of “TRSBT5” which must be used when setting up retirement records for tier 5 TRS members. This new …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/961-new-tier-5-benefit-structure-new-york-state-teachers-retirement-systemFund's Mission, Values and Investment Philosophy
… We seek out and embrace individuals with a broad range of backgrounds, attributes, and perspectives. Expertise We … other through the volatility that is an inevitable part of being a long-term investor. Innovation We constantly … to achieve and maintain fully funded status. Sources of return We believe that asset allocation is the single …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyXI.5 Purchase Authorizations – XI. Procurement and Contract Management
… are created in SFS with a Contract Profile that does not require a funds reservation (e.g. PANR0015). …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi5-purchase-authorizationsNYS Comptroller DiNapoli: One of Largest U.S. Carbon Emitters Commits to Lower GHG Emissions
… DiNapoli said. "Reducing emissions and mitigating climate risk are vital to the company's own survival. Despite … company to adopt and report on targets for the long-term reduction of its GHG emissions, taking into consideration the … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-one-largest-us-carbon-emitters-commits-lower-ghg-emissionsCost-of-Living Adjustment
… 3 percent annually. This Year’s COLA Increase The COLA for September 2025 through August 2026 is 1.2 percent. The … you will receive the maximum monthly increase of $18 (for a total maximum annual increase of $216) before taxes. … September is added to your existing monthly COLA amount. For example, a retiree receiving an annual pension benefit of …
https://www.osc.ny.gov/retirement/retirees/cost-living-adjustmentPreferred Source Contracting (Follow-Up)
… included in our initial audit report, Preferred Source Contracting (Report 2014-S - 77 ). Background New York State’s Preferred Source Program, established under Section 162 of the New York State Finance Law (Law), grants “preferred source” status to Corcraft and not-for-profit organizations …
https://www.osc.ny.gov/state-agencies/audits/2017/11/09/preferred-source-contracting-followSelected Safety and Security Equipment at Subway Stations
… EMD responds to the SolarWinds alerts by creating a ticket in the Remedy Management System – the system that tracks repairs. A ticket is created for every alert condition lasting longer …
https://www.osc.ny.gov/state-agencies/audits/2018/04/12/selected-safety-and-security-equipment-subway-stationsSUNY Bulletin No. SU-139
… Purpose To explain OSC and agency procedures for the use of the leap year salary calculation. Affected Employees SUNY employees in salary Grade 980 with a Pay Basis Code of CAL or CYF Effective Date(s) Effective 9/1/07, Pay Period … will be changed to reflect the leap year factor of .038251 effective 9/1/07 for CAL and CYF employees. OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-139-leap-year-salary-calculation-fiscal-year-2007-2008-sunySUNY Bulletin No. SU-151
… Purpose To explain OSC and agency procedures for the use of the non-leap year salary calculation. Affected Employees … SUNY employees in salary Grade 980 with a Pay Basis Code of CAL or CYF Background In any fiscal year in which February … will be changed to reflect the non-leap year factor of .038356 effective 9/1/08 for CAL and CYF employees. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-151-non-leap-year-salary-calculation-fiscal-year-2008-2009Comptroller DiNapoli Calls on Major Corporations to Report on Disability Inclusion
… New York State Comptroller Thomas P. DiNapoli today announced … . … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2019/01/comptroller-dinapoli-calls-major-corporations-report-disability-inclusionComptroller DiNapoli and A.G. Schneiderman Announce Charges Against New Jersey Woman in Alleged Theft of Over $162,000 in New York State Pension Benefits
… grand larceny in the second degree, a class C felony, in Albany County Court. Miller is alleged to have stolen over $162,000 … Aronowitz. The Division of Criminal Justice is led by Executive Deputy Attorney General Kelly Donovan. DiNapoli …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-ag-schneiderman-announce-charges-against-new-jersey-woman-alleged-theft-overState Agencies Bulletin No. 621
… unemployment insurance owed to the State were implemented in 1989, under the terms of an agreement between the New York … of Labor, enter a deduction record for the employee in PayServ, using Deduction Code 433. For Effective Date, … on the panel. Agencies must verify the data entered to the form from the Department of Labor and save the transaction. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/621-involuntary-deductions-unemployment-insurance-owedState Agencies Bulletin No. 322
… that paychecks are issued timely. To assist agencies in identifying the earlier deadlines, the dates have been … may commence entering actions that have an effective date in, or prior to, payroll period 5 lag/6 current on Friday, … action requires salary determination, Carol Trombley in the Salary Determination Unit. Exception : The following …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/322-schedule-agency-payroll-submission-and-availability-reports-and-filesV.3.E Programs – V. Chart of Accounts (COA) Governance
… set of recognizable objectives. Information captured in Program relates directly to Appropriation Bill Copy. … will be able to access the complete list of Program codes in the SFS. This also supports the ability to suballocate, … The Program ChartField is five alphanumeric characters in length. Numeric Program codes will capture all …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3e-programsLaw Pertaining to SUNY Police Officers
… and Fire Retirement System (PFRS), what Tier will I be in PFRS? I have a prior PFRS Tier 2 membership. If I transfer … 2? How much of my ERS time will count towards my 25 years in the PFRS special plan? If I leave employment with SUNY and … what should I do? There is no need to send in any form or paperwork. You will remain in the ERS plan that you …
https://www.osc.ny.gov/retirement/members/law-pertaining-suny-police-officersState Agencies Bulletin No. 1068
… Purpose To inform agencies of OSC’s automatic processing of the LLS payment and to … are needed.) This form must be used to: Add employees who do not appear on the listing, such as: Eligible employees in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1068-april-2011-civil-service-employees-association-csea-longevity-lump-sumState Agencies Bulletin No. 1327
… Purpose To inform agencies of new earnings codes and procedures for processing the first phase of the Summer … Unit (PSNU) – BU68 in the Office of Parks, Recreation and Historic Preservation or the Department of Environmental … or as the result of a correction, should be handled on a case by case basis depending on whether the monies were …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1327-first-phase-deficit-reduction-plan-psnu-employees-summer-seasonalState Agencies Bulletin No. 1013
… the employee’s evaluation date. OSC Actions After payroll processing is completed for Pay Period 14L …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1013-october-2010-performance-advances-graded-and-ns-equated-grade-employeesDiNapoli Announces Interim CIO for the New York State Common Retirement Fund
New York State Comptroller Thomas P DiNapoli today announced his appointment of Anastasia Titarchuk as Interim Chief Investment Officer of the New York State Common Retirement Fund
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-announces-interim-cio-new-york-state-common-retirement-fundCUNY Bulletin No. CU-460
… will be made in a separate check dated 2/21/13. There is no direct deposit for this payment. Background The 2012 … staff titles of Staff Nurse and Nurse Practitioner is made in accordance with the 2007-2010 agreement between … Pay Basis Code HRY – 12/31/12 or, if the employee is Inactive, the last date the employee was Active and met …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-460-2012-cuny-nurses-health-specialty-differential