Search
The Big Picture – What Every Employer Should Know
… Fund (Fund) come from three main sources of incoming funds: investment income, employee or member contributions … Fund’s assets and compare the value of those assets to the funds needed to pay current and future benefits. The …
https://www.osc.ny.gov/retirement/employers/partnership/big-pictureOptional Service Credit Purchase Payments – Enhanced Reporting
… has changed. The notification will provide a link to the Loan/SCP Deductions page in Retirement Online , which will … or after taxes. The page also provides their remaining balance once there are six or fewer outstanding payments left. To access the Loan/SCP Deductions page and view SCP deductions for your …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/optional-service-credit-purchase-paymentsState Agencies Bulletin No. 2272
… processing schedule and to introduce a new Agency AC230 Worksheet for completion of Form AC230, Worksheet for Paycheck Reversal. Affected Employees: All …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2272-process-changes-form-ac230-report-check-returned-refund-or-exchangeOverview – What Every Employer Should Know
… of the annual cost of your employees’ future benefits. NYSLRS’ Actuary must ensure that adequate assets are being … factors such as employee mortality, turnover, expected investment returns, salary growth and even inflation. These … rates based on the value of the Fund as of April 1, 2024 were issued in September 2024 and are for the invoice …
https://www.osc.ny.gov/retirement/employers/partnership/about-employer-contribution-rates/overviewDiNapoli: Major Retailers Agree to Report on Efforts to Protect Human Rights, Workplace Safety
Corporate retailers Macys and Ross Stores have agreed to shareholder proposals filed by the New York State Common Retirement Fund Fund that asked the companies to report on how they monitor their overseas apparel suppliers and subcontractors to protect human and workplace standards
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-major-retailers-agree-report-efforts-protect-human-rights-workplace-safetyMember Contributions
… Most members are required to contribute a percentage of their earnings toward their … elected the special plan are not required to contribute. How Tier 6 Contribution Rates are Calculated When you join … their earnings from 1 to 10 percent. They can only start, change or stop voluntary contributions once during a 12-month …
https://www.osc.ny.gov/retirement/members/member-contributionsDiNapoli: State Department of AG and Markets Should Improve Pollinator Protection Program
… and free from disease. Between 2017 and 2021, one of the top states from which honey bees were brought into New York …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-department-ag-and-markets-should-improve-pollinator-protection-programBecoming a Participating Employer – What Every Employer Should Know
… to offer workers retirement benefits related to years of service and final average earnings, as well as death and … including enrolling members and reporting their salary and service to us. Once an employer becomes a participant in … contribution to the system. The deficiency cost covers service credit that an employee may purchase, which would …
https://www.osc.ny.gov/retirement/employers/partnership/becoming-participating-employerState Agencies Bulletin No. 1035
… Employees Employees who participated in the PEF, M/C or CSEA Certification, Licensure and Exam Fee Reimbursement … added through Time Entry using earn code CFR . This amount is for tax withholding and reporting purposes only; no additional compensation is given to the employee. CFR is subject to Federal, State, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1035-certification-licensure-and-exam-fee-reimbursement-clefr-2010XII.8.D Contract Assignments and Sureties – XII. Expenditures
… section outlines the process Business Units should follow to pay contract assignees and sureties. Business Units are … Law, Article 11, Section 163 requires Business Units to conduct formal competitive procurements to the maximum extent practicable. Lien Law, Article 2, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8d-contract-assignments-and-suretiesDiNapoli: Local Sales Tax Collections Down 7.8 Percent in August
… Local government sales tax revenue declined by 7.8 percent in August compared to the same period last year, according to State Comptroller Thomas P. DiNapoli. August’s sales tax … detailed monthly breakdown) Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-local-sales-tax-collections-down-78-percent-augustLife Changes: What If I Work After Retirement?
… New York area; or Write : NYSLRS 110 State Street Albany, NY 12244-0001. Finally, for information about post-retirement …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-work-after-retirementState Agencies Bulletin No. 2297
… Purpose: The purpose of this bulletin is to provide agencies with instructions for … and will be included on the employee’s W-2. Federal, State, and New York City income tax withholding will be … of Exchange in PayServ. The Report of Check Exchange ( AC 1476-P ), Next of Kin Affidavit ( AC 934-P ), and original …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2297-january-1-2025-salary-increases-executive-law-section-169-commissionersCUNY Bulletin No. CU-830
… Purpose: The purpose of this bulletin is to provide agency instructions for processing the CUNY 2025 … Painter $52.31 Supervisor Painter $59.78 Transactions to process the 2025 rate increases may be entered beginning … Checks When a valid payroll check is undeliverable due to the agency’s inability to locate the employee, the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-830-cuny-2025-rate-increases-painter-titlesCUNY Bulletin No. CU-840
… Purpose: The purpose of this bulletin is to provide agency instructions for processing the CUNY 2025 … $68.84 Steamfitter’s Helper $51.63 Transactions to process the 2025 rate increases may be entered beginning … Checks When a valid payroll check is undeliverable due to the agency’s inability to locate the employee, the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-840-cuny-2025-rate-increases-steamfitter-titlesHow the Program Works – Contribution Stabilization Program
… determines an employer’s annual contribution according to its usual procedures. The CSP does not change these … Employers will see the maximum amount to amortize in their estimated invoice (available in Retirement Online … to pay a graded payment during the next fiscal year. To view reserve account fund balances: Sign in to your …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksDiNapoli: NYC Transit Should Improve Response to Safety-Related Defects
… not corrected in a timely manner. Delays in identifying and responding to unsafe conditions is a risk that can be … in 25 subway stations in Brooklyn, the Bronx, Manhattan and Queens. The MTA classifies safety defects in five … Most critical are the "A" defects which affect safety and security, and are revenue-related. According to the MTA, …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-nyc-transit-should-improve-response-safety-related-defectsDepartment of Transportation Bulletin No. DOT-45
… Service Unit – BU03 in the Department of Transportation are affected. Background: Pursuant to Article 51 of the … Payroll Checks. Checks issued to eligible employees who are now deceased should be submitted as a stop payment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/transportation/dot-45-fiscal-year-2024-2025-shift-lump-sum-payment-winter-maintenanceDiNapoli: Consumers Should Read Fine Print On Gift Cards This Holiday Season
… office as abandoned property after five years of dormancy. In State Fiscal Year 2015-16, $11 million from gift cards was … rebates to disclose whether those rebates will be issued in the form of a gift card and whether any fees will apply to … office is currently holding more than $14.5 billion in unclaimed funds from uncashed checks, bank accounts, …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-consumers-should-read-fine-print-gift-cards-holiday-seasonState Agencies Bulletin No. 601
… work and how to effectively manage multiple windows in PayServ and PS Query Affected Employees All PayServ, PS … the e-Government Web site is displayed and the user must sign in using a password. Users who have not worked in the … be brought directly back to the OSC e-Government Web site sign-on screen (shown below). PayServ PayServ will time out …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/601-managing-osc-e-government-sessions