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Opinion 2005-5
… for this purpose, with certain exceptions, as “all other forms of benefits which are credited to employees as a term … in a particular plan within the System may fluctuate from year to year based on a number of factors, including … Amerada Hess , 59 AD2d 110, 397 NYS2d 814; Direen v State Tax Commission , 46 AD2d 191, 361 NYS2d 736). Therefore, if …
https://www.osc.ny.gov/legal-opinions/opinion-2005-5Life Changes: What If I Leave Public Employment?
… one time or another, almost all of us have changed jobs. The new job usually brings great expectations and hope for … That’s the reason for this publication. It outlines what you need to know as a NYSLRS member if you leave public … still on the payroll of a participating employer. If there is a cost for this credit and you receive a statement of the …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-leave-public-employmentDivorce – Police and Fire Plan
… The New York State Court of Appeals has determined that retirement … your attorney, contact our Matrimonial Bureau , read our guide to Domestic Relations Orders and review our Divorce …
https://www.osc.ny.gov/retirement/publications/1512/divorceMore About This Retirement Plan – State Police Plan
… available to Tier 2, 5 and 6 members of the Police and Fire Retirement System (PFRS) covered by the special 20-year … members who joined the New York State and Local Police and Fire Retirement System from July 31, 1973 through June 30, … contact us . © 2021, New York State and Local Police and Fire Retirement System VO1518 (Rev. 8/21) …
https://www.osc.ny.gov/retirement/publications/1518/more-about-retirement-planCancellation of Election to Purchase Additional Annuity 21(l) or 321(l) (RS5378)
For NYSLRS Tier 1 & 2 members (and Tier 3 & 5 PFRS members who are non-contributory) to request to discontinue making voluntary contributions to NYSLRS.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs5378.pdfDiNapoli: New York's Labor Force Decreased Sharply During the Pandemic and Remains Below Pre-Pandemic Peak
… New York’s 10-year average participation rate was 40 th in the nation. In 2021, New York’s participation rate … a disability. Labor force participation for this group was 40% in 2020, trailing that for the state as a whole. Labor … 2020 alone. These workers were more likely to telecommute: 40.6% of those with bachelor’s degrees and 54.4% of those …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-yorks-labor-force-decreased-sharply-during-pandemic-and-remains-below-pre-pandemic-peakState Agencies Bulletin No. 1695.1
… entering SRA and TDA deductions to ensure compliance with contribution limits Affected CUNY Employees Employees who … to IRS Regulations, Section 403(b): The regular annual contribution amount will increase from $18,500 to $19,000 for … 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/16951-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1621
… to ensure compliance with contribution limits. Affected CUNY Employees Employees who currently have any of the … effective-dated row that is based on the first day of the pay period for payroll checks issued on 1/4/2018 and … should be entered only during the processing of the pay period when the deduction will take effect. Agencies must …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1621-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1794
… entering SRA and TDA deductions to ensure compliance with contribution limits. Affected CUNY Employees Employees who … to IRS Regulations, Section 403(b): The regular annual contribution amount will increase from $19,000 to $19,500 for … age 50 and over. These employees can defer up to $6,500 in catch-up contributions in addition to their regular …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1794-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1880
… for SRA and TDA deductions to ensure compliance with IRS contribution limits. Affected Employees CUNY employees who … age 50 and over. These employees can defer up to $6,500 in catch-up contributions in addition to their regular … Effective beginning Administration checks dated January 6, 2021 and Institution checks dated January 14, 2021. OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1880-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaAccidental Disability – Basic Plan with Increased-Take-Home-Pay (ITHP)
… to receive. You must also select an option for the payment of your disability benefits . Filing You, your …
https://www.osc.ny.gov/retirement/publications/1511/accidental-disabilityAccidental Disability – Career Plan
… made while in service. The mandatory contributions made by Tier 5 and 6 members are not annuity savings contributions, and Tier 5 …
https://www.osc.ny.gov/retirement/publications/1642/accidental-disabilityAccidental Disability – Police and Fire Plan
… incapacitated (physically or mentally) and unable to perform your job as the natural and proximate result of an on-the-job accident not due to your own willful negligence, you may be eligible for the … you contracted HIV (where there may have been exposure to bodily fluids that may have involved the transmission of …
https://www.osc.ny.gov/retirement/publications/1512/accidental-disabilityAccidental Disability – New Career Plan
… incapacitated (physically or mentally) and unable to perform your job as the natural and proximate result of an on-the-job accident not due to your own willful negligence, you may be eligible for the … you contracted HIV (where there may have been exposure to bodily fluids that may have involved the transmission of …
https://www.osc.ny.gov/retirement/publications/1515/accidental-disabilityAccidental Disability – Non-Contributory Plan with Guaranteed Benefits
… to receive. You must also select an option for the payment of your disability benefits . Filing You, your …
https://www.osc.ny.gov/retirement/publications/1513/accidental-disabilityState Agencies Bulletin No. 2297
… agencies with instructions for submitting the January 1, 2025, Salary Increases for Executive Law Section 169 … under Executive Law Section 169. This report modifies the salaries and tier structure applicable to Executive Law Section 169 positions. The salaries applicable to each tier are modified as follows: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2297-january-1-2025-salary-increases-executive-law-section-169-commissionersDraft a DRO Using the NYSLRS Template – Divorce and Your Benefits
… and the appropriate publication for the member’s tier and retirement plan should be carefully reviewed before … will generate a customized proposal based on a member’s tier, retirement plan and retirement status using specific …
https://www.osc.ny.gov/retirement/members/divorce/draft-dro-using-nyslrs-templateState Agencies Bulletin No. 1100
… imputed income transactions for the value of the employer contribution for health insurance benefits provided to an … NYS Department of Civil Service to start, cancel or change rates for individual employees. Agencies will not have the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1100-new-imputed-income-earnings-codes-health-benefits-provided-marriedRetiring Before Age 62 – New Career Plan
… Tier 2, 3, 5 and 6 members who retire before age 62 will have … 15 60 12 61 6 62 0 … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375h and …
https://www.osc.ny.gov/retirement/publications/1515/retiring-age-62Pelham Union Free School District – Reserve Funds (2015M-366)
… year totaled approximately $67 million. Key Finding The retirement contribution reserve fund balance increased by … Key Recommendation Ensure that the excess funds in the retirement contribution reserve account are used to fund …
https://www.osc.ny.gov/local-government/audits/school-district/2016/03/18/pelham-union-free-school-district-reserve-funds-2015m-366