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Reporting Workers' Compensation Benefits – Legacy Reporting
… workers’ compensation, with no salary paid by employer: Tier 1 — Report full salary that would have been paid and … for up to one year for each incident. Tiers 2 through 6 — Do not report salary or days worked. Part salary paid by … made directly to the member from workers’ compensation: Tier 1 — Report salary paid by employer, workers’ …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/reporting-workers-compensation-benefitsMaking Adjustments to Earnings and Days Worked – Legacy Reporting
… (arrears) or loan payments or to adjust contributions. The contribution column should always say 0.00 for an adjustment. … or just a few records. Adjusting to Zero Days Worked and Contribution Overpayments If you need to make an adjustment … owes, you can adjust reported information and request a contribution refund by submitting the paper Adjustment …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/making-adjustmentsIV.4.C General State Charges – IV. Accounting Codes - Uses and Descriptions
… and 546 Real Property Law Claims, Awards, Judgments, and Settlement Agreements Business Units are to use the following … or arbitrator, a final judgment issued by a court, a settlement agreement reached by an agency and another party … XII, Section 6.U - Payments Pursuant to Awards and Non-Judicial Settlement Agreements of this Guide. Note: The …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv4c-general-state-chargesState Agencies Bulletin No. 1535
… entering SRA and TDA deductions to ensure compliance with contribution limits. Background Pursuant to IRS Regulations, Section 403(b): The regular annual contribution amount will remain at $18,000 for 2017. An … age 50 and over. These employees can defer up to $6,000 in catch-up contributions in addition to their regular …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1535-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1448
… The regular annual contribution amount will remain at $18,000 for 2016. An additional deferment is available to … election. The regular maximum contribution amount of $18,000 for 2016 in the Goal Amount field. A beginning … report will be available in Control-D on or about December 18, 2015 for Institution agencies and on or about December …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1448-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 2182
… limits for employees enrolled in the New York State Deferred Compensation Plan for calendar year 2024: The regular yearly …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2182-deferred-compensation-maximum-contributions-limits-calendar-year-2024State Agencies Bulletin No. 2088
… bulletin is to notify agencies of the following maximum contribution limits for employees enrolled in the New York … bracket can defer up to $7,500.00 for a combined maximum contribution of $30,000.00 for calendar year 2023. The … from $20,500.00 to $22,500.00, for a combined maximum contribution of $45,000.00 for calendar year 2023. Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2088-deferred-compensation-maximum-contributions-limits-calendar-year-2023One-Year FAS – Police and Fire Plan
… FAS. (Note: This benefit is generally not available to Tier 6 members.) The one-year FAS includes only the regular … 20 percent will be excluded from the calculation. *For Tier 5 members, the total amount of overtime and …
https://www.osc.ny.gov/retirement/publications/1512/one-year-fasOne-Year FAS – Basic Plan with Increased-Take-Home-Pay (ITHP)
… FAS. (Note: This benefit is generally not available to Tier 6 members.) The one-year FAS includes only the regular … the 20 percent will be excluded from the calculation. *For Tier 5 members, the total amount of overtime and …
https://www.osc.ny.gov/retirement/publications/1511/one-year-fasOne-Year FAS – Career Plan
… employer has adopted this benefit, your retirement will be calculated based on a one-year FAS unless the three-year calculation provides a higher FAS. (Note: This benefit is generally not available to Tier 6 members.) The one-year …
https://www.osc.ny.gov/retirement/publications/1642/one-year-fasAdditional Benefits after 25 Years (Sections 384[f], [g] and [h]) – Special 20- and 25-Year Plans
… in a 25-year plan. Note: This benefit is not available to Tier 3 members whose employer offers a one-year FAE. The … each completed year of creditable service beyond 25. For Tier 2, 3, 5 and 6 members, the maximum benefit is 61.67 percent of your FAE …
https://www.osc.ny.gov/retirement/publications/1517/additional-benefits-after-25-years-sections-384f-g-and-hOne-Year FAS – New Career Plan
… employer has adopted this benefit, your retirement will be calculated based on a one-year FAS unless the three-year calculation provides a higher FAS. (Note: This benefit is generally not available to Tier 6 members.) The one-year …
https://www.osc.ny.gov/retirement/publications/1515/one-year-fasOne-Year FAS – Non-Contributory Plan with Guaranteed Benefits
… calculation provides a higher FAS. (Note: This benefit is generally not available to Tier 6 members.) The one-year … to, the following types of payments: Regular salary; Overtime;* Holiday pay; Noncompensatory overtime;* and … regular compensation and, in most cases, will not be included in the one-year FAS calculation: Unused sick leave; …
https://www.osc.ny.gov/retirement/publications/1513/one-year-fasHomeownership Rates in New York
… Message from the Comptroller Owning a home has long been described as “The American Dream.” In New York, that dream appears unattainable for a large share of …
https://www.osc.ny.gov/reports/homeownership-rates-new-yorkXIII.4.E Overnight Per Diem Rates – XIII. Employee Expense Reimbursement
… 1 for rate decreases. If there is a change in CONUS rates during the year the SFS system will be updated to reflect the new rates. Changes to the OCONUS rate take effect on the first … and may occur during any month throughout the year. Since rates for travel to locations outside the continental United …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii4e-overnight-diem-ratesState Agencies Bulletin No. 951
… to IRS Regulations, Section 403(b): The regular annual contribution amount will remain at $16,500 for 2010. An … in catch-up contributions in addition to their regular contribution amount for a combined total contribution limit … Effective Date(s) Administration paychecks dated January 6, 2010 Institution paychecks dated January 14, 2010 OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/951-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Police Accidental Disability (Section 363-bb) – State Police Plan
… under Sections 381b State Police Accidental Disability Section 363bb …
https://www.osc.ny.gov/retirement/publications/1518/state-police-accidental-disability-section-363-bbLump Sum Payments – Legacy Reporting
… tiers and plans, we can include a lump sum payment for up to 30 unused vacation days in the calculation of a three-year … on the Statement of Accrued Payments and Leave Credits Form (RS6221) , which you complete in connection with the … Payment Type Tiers 1 and 2 Tiers 3 and 4 Tiers 5 and 6 Buy Back Not reportable Not reportable Not reportable …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/lump-sum-paymentsState Agencies Bulletin No. 1078
… representative in order to facilitate after tax (Roth) contribution transactions. The plan intends to allow employees to facilitate Roth contribution transactions via the secure portion of the plan … statement for all employees who make a current year contribution to the plan since the plan now offers both types …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1078-nys-deferred-compensation-plan-after-tax-roth-contributionsStraight Talk About Financial Planning For Your Retirement
… projections The retirement benefit calculator on our website allows most members to enter different retirement … amount. Here are some savings plans to consider: Deferred Compensation Plans Deferred compensation 457(b) plans and …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirement