Search
Disability Retirement Applications – When Employees Retire
… or someone authorized to file on the employee’s behalf. For example, the employee’s attorney, a power of attorney … Once we receive the specialist’s report, the case is reviewed. The Retirement and Social Security Law (RSSL) … application review and determination process including how employers file on behalf of employees …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/disability-retirement-applicationsFinancial Empowerment Resources for New Yorkers
… step toward getting a better job, improving one’s quality of life, and attaining economic stability. I’m committed to … the following sites: Report Unemployment Insurance Fraud (NYS Department of Labor) – If you have been the victim of …
https://www.osc.ny.gov/financial-literacyTier Status – Basic Plan with Increased-Take-Home-Pay (ITHP)
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July 31, 1973 through June 30, 2009 Tier 3 July 1, 2009 …
https://www.osc.ny.gov/retirement/publications/1511/tier-status25-Year Benefit (Section 384) – Special 20- and 25-Year Plans
… service, regardless of age. “Creditable service” is: Service as a firefighter or police officer under a 20- or … service, as specified by the RSSL. Note: This benefit is not available to Tier 3 members whose employers offer a … 90 days before your date of retirement. For information on how to apply for a service retirement benefit, read Applying …
https://www.osc.ny.gov/retirement/publications/1517/25-year-benefit-section-384DiNapoli: Former Old Field Treasurer Pleads Guilty in $60,000 Theft of Village Funds
… County Court of former Old Field treasurer Andrea Brosnan to grand larceny for stealing nearly $60,000 from the … out public corruption and retrieve stolen public money. I thank District Attorney Spota and his staff for their … Attorney Spota said. “As a condition of her sentence, we have secured the return of the stolen money. The defendant …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-former-old-field-treasurer-pleads-guilty-60000-theft-village-fundsMore About This Retirement Plan – Non-Contributory Plan with Guaranteed Benefits
… These benefits are provided by Section 375-e of the New York State Retirement and Social Security Law (RSSL) as enacted by …
https://www.osc.ny.gov/retirement/publications/1513/more-about-retirement-planComparison of ERS Benefits
… Below is a comparison of Employees’ Retirement System (ERS) benefits by tier. Tiers 3 & 4 Tier 5 … with less than 30 years. See the entire benefit reduction chart. 38.33% permanent reduction at age 55 (unless UCPO with … as a result of working vacation Any form of termination pay Payments made in anticipation of retirement Lump sum …
https://www.osc.ny.gov/retirement/employers/comparison-ers-benefitsCost-Saving Ideas: Reviewing Your Revenue Collection Process
… Improving your local government's receipt collection system may get revenue into its bank … by your local government must: comply with Article 3 of New York State Technology Law and related regulations; …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processMandatory Contributions – Enhanced Reporting
… are mandatory for: Tier 1 and 2 members participating in a contributory plan; Certain military service credit; Tier … some exceptions to mandatory contributions. ERS members in Tiers 3 and 4 have reached their cessation date and no … make contributions. New York State correction officers in Tiers 5 and 6 are not required to contribute after 30 …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/mandatory-contributionsMore About This Retirement Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… retirement plan summary describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System … Throughout this publication, you will find references to “Sections” and “Articles” that refer to the RSSL. The New … rights and responsibilities, and is not a substitute for any New York State or federal law. For specific …
https://www.osc.ny.gov/retirement/publications/1511/more-about-retirement-planMore About This Retirement Plan – Career Plan
… retirement plan summary describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System … Throughout this publication, you will find references to “Sections” and “Articles” that refer to the RSSL. The New … rights and responsibilities, and is not a substitute for any New York State or federal law. For specific …
https://www.osc.ny.gov/retirement/publications/1642/more-about-retirement-planAccidental Death Benefit – State Police Plan
… (even if they are not your designated beneficiary), in this order: To your surviving spouse, for life; Where …
https://www.osc.ny.gov/retirement/publications/1518/accidental-death-benefitAccidental Death Benefit – Special 20- and 25-Year Plans
… (even if they are not your designated beneficiary), in this order: To your surviving spouse, for life; Where …
https://www.osc.ny.gov/retirement/publications/1517/accidental-death-benefitV.3.C Funds and Fund Accounting – V. Chart of Accounts (COA) Governance
… Fund captures a fiscal and accounting entity with a … or meeting certain objectives in accordance with New York State law. Fund is required on all transactions. Fund is a … can be found on SFS Coach and submit it to helpdesk@sfs.ny.gov . Guide to Financial Operations REV. 04/06/2018 … Fund …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3c-funds-and-fund-accountingCost-Saving Ideas: Containing Employee Health Insurance Costs
… As an employer, you should always look for ways to contain health insurance costs without cutting … achieve cost savings and still provide the right coverage for your employees. Offer Cash Payment In Lieu of Health … Health Insurance Cost Sharing: New York State’s Model for Localities Updated 2016 … CostSaving Ideas …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-containing-employee-health-insurance-costsEnrolling Members – Membership and Enrollment
… tier and contribution rate, so deductions can begin on time. Sign in to Retirement Online . From your Account Homepage, click … best describes the work your employee does. This code, in part, determines retirement benefit plan eligibility, so …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/enrolling-membersMore About This Retirement Plan – Police and Fire Plan
… under Article 14. The information in this publication does not apply to you. Throughout this publication, you will … York State or federal law. For specific information about your benefits, please contact us . © 2012, New York State and …
https://www.osc.ny.gov/retirement/publications/1512/more-about-retirement-planService Credit – Divorce and Your Benefits
… distribution formula for a public pension was established by the State Court of Appeals in Majauskas v. Majauskas. …
https://www.osc.ny.gov/retirement/members/divorce/service-creditFactors Affecting an Employer’s Annual Payment – What Every Employer Should Know
… Number of Employees Who Are Members Generally, the more … the employer’s annual payment is likely to be. The total number of billable (active) members as of fiscal year ended … to offer improved retirement plans or optional benefits (for example, a one-year final average earnings for police …
https://www.osc.ny.gov/retirement/employers/partnership/factors-affecting-employers-annual-paymentMore About This Retirement Plan – New Career Plan
… 6 Police and Fire Retirement System members covered by the New Career Plan. (There is no Tier 4 in the Police and Fire … are provided by Sections 375-h and 375-i of the New York State Retirement and Social Security Law (RSSL) as enacted by …
https://www.osc.ny.gov/retirement/publications/1515/more-about-retirement-plan