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Vested Retirement Benefit – Regional State Park Police Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public employment before retirement age and have five years of credited service. When … and your earnings when you were an active member. 1 The date you are eligible to retire depends on your tier. Tiers 1 …
https://www.osc.ny.gov/retirement/publications/1867/vested-retirement-benefitSUNY Bulletin No. SU-344
… (CAL, 21P or ANN) and are enrolled in either the New York State Employees’ Retirement System (Plan Type 7Y) or the New York State Teachers’ Retirement System (Plan Type 7X), Earnings … as a CAL prior to 09/01/2023 must be paid a balance of contract. For CAL or 21P employees who are terminated prior …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-344-2023-suny-summer-sessions-paymentsSUNY Bulletin No. SU-328
… Purpose The purpose of this bulletin is to provide agency … Agencies must cancel tax sheltered annuities, federated funds, maintenance (taxable and non-taxable) and union …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-328-2022-suny-summer-sessions-paymentsSUNY Bulletin No. SU-359
… (CAL, 21P or ANN) and are enrolled in either the New York State Employees’ Retirement System (Plan Type 7Y) or the New York State Teachers’ Retirement System (Plan Type 7X), Earnings … as a CAL prior to 09/01/2024 must be paid a balance of contract. For CAL or 21P employees who are terminated prior …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-359-2024-suny-summer-sessions-paymentsState Agencies Bulletin No. 1086
… inform agencies of OSC’s automatic processing of the LLS payments and to provide instructions for payments not processed automatically. Affected Employees … (CSEA) and provides for 5 and 10 year* Longevity Lump Sum payments effective October 2011. The Longevity Lump Sum …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1086-october-2011-civil-service-employees-association-csea-longevity-lumpState Agencies Bulletin No. 1851
… which implemented the 2016 – 2021 Agreement between the State of New York and the Civil Service Employees Association … LLS payment during 2020-2021: Leave of Absence/Preferred List on 09/30/2020: An employee who otherwise qualifies for … is subject to employment taxes and income taxes. Federal, State and New York City income tax withholding will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1851-october-2020-civil-service-employees-association-csea-longevity-lumpDiNapoli Releases Climate Action Plan
… New York State Comptroller Thomas P. DiNapoli today released a Climate … protect and invest the assets of the $210 billion New York State Common Retirement Fund (Fund). The plan lays out a path …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-releases-climate-action-planWhat is a Defined Benefit Plan?
… biggest contributor to your pension plan is the New York State Common Retirement Fund . Over the past 20 years, the … Defined benefit plans provide important advantages for state and local government employers. For one, offering these … productivity. Defined benefit plans also help support state and local economies because they provide a steady, …
https://www.osc.ny.gov/retirement/members/defined-benefit-planVested Retirement Benefit – Non-Contributory Plan with Guaranteed Benefits
… When you reach retirement age, you will be entitled to a retirement benefit based on your service and salary … you were an active member. 1 The date you are eligible to retire depends on your tier. Tier 1 Full vested benefit as … benefit. For an explanation of your benefit, please refer to the Service Retirement Benefit section . The vested …
https://www.osc.ny.gov/retirement/publications/1513/vested-retirement-benefitVested Retirement Benefit – Career Plan
Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by Article 11 Sections 375h and 375i Vested Retirement Benefit
https://www.osc.ny.gov/retirement/publications/1642/vested-retirement-benefitState Agencies Bulletin No. 970
… Purpose To inform agencies of OSC’s automatic processing of the LLS payment and to … Service Employees Association (CSEA) and provides for a new Longevity Lump Sum payment beginning April 2010. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/970-april-2010-civil-service-employees-association-csea-longevity-lump-sumClaims for Deceased Owners and Estates
… belonging to a deceased owner, you need to provide: proof of ownership of the funds by the deceased individual, proof … of ownership. How to Prove Entitlement ("Who Can Claim") In New York State, the Surrogate's Court in the county where … court-appointed representative for the estate, the closest living family member may submit a claim by providing a copy …
https://www.osc.ny.gov/unclaimed-funds/claimants/claims-deceased-owners-and-estatesState Agencies Bulletin No. 2150
… which implemented the 2021-2026 Agreements between the State of New York and the CSEA, provides for payment of the … LLS payment during 2023-2024: Leave of Absence/Preferred List on 09/30/2023 An employee who otherwise qualifies for … and is subject to employment and income taxes. Federal, State, and New York City income tax withholding will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2150-october-2023-civil-service-employees-association-csea-longevity-lumpState Agencies Bulletin No. 2270
… which implemented the 2021-2026 Agreements between the State of New York and the CSEA, provides for payment of the … LLS payment during 2024-2025: Leave of Absence/Preferred List on 09/30/2024 An employee who otherwise qualifies for … and is subject to employment and income taxes. Federal, State, and New York City income tax withholding will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2270-october-2024-civil-service-employees-association-csea-longevity-lumpState Agencies Bulletin No. 1128
… reduced and reported to the Employees’ Retirement System in accordance with the Deficit Reduction Plan. Affected Employees CSEA employees in the following bargaining units who are enrolled in ERS (Retirement Plan 7Y): Administrative Services BU02 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1128-deficit-reduction-reporting-employees-retirement-system-ers-employeesState Agencies Bulletin No. 734
… of 2007 which implements the agreement between New York State and Council 82 provided for salary increases and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/734-return-certain-arbitration-eligible-employees-bargaining-units-31-and-61State Agencies Bulletin No. 852
… Purpose To notify agencies of a change to the processing schedule for AC 230s (Report of Check Returned for Refund or Exchange). Affected Employees … submitting AC 230s. Due to an Institution paycheck date of December 31, 2008, OSC has amended the AC 230 due date for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/852-change-schedule-submitting-returned-paychecksDiNapoli Op-Ed in Newsday Urges Leaders to Seize This Chance to Improve NY’s Finances
… Newsday published an op-ed from New York State Comptroller Thomas P. DiNapoli today urging New York's … to take steps that can help protect and strengthen the state's finances. The full op-ed is below: New York State …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-op-ed-newsday-urges-leaders-seize-chance-improve-nys-financesState Agencies Bulletin No. 145
… Purpose To explain automatic processing of retroactive adjustments for closed contract periods Affected Employees Employees with … Automatic Processing Information When a change occurs (Salary Change, Part Time Percentage Change, Leaves, etc.) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/145-new-earnings-code-rcn-retroactive-contract-pay-adjustmentDivision of Housing and Community Renewal Bulletin No. DH-126
… contact OSC using the Payroll Earnings mailbox to request assistance in determining the appropriate action. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-126-october-2023-district-council-37-dc-37-rent-regulation