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Ordinary Disability (Section 362) – Non-Contributory Plan with Guaranteed Benefits
… paid on the payroll; Are last on an authorized medical leave of absence for up to two years (which may be extended …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-disability-section-362Ordinary Disability (Section 362) – Basic Plan with Increased-Take-Home-Pay (ITHP)
… paid on the payroll; Are last on an authorized medical leave of absence for up to two years (which may be extended …
https://www.osc.ny.gov/retirement/publications/1511/ordinary-disability-section-362Ordinary Disability (Section 362) – Police and Fire Plan
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service plus 1/60th of your FAS for …
https://www.osc.ny.gov/retirement/publications/1512/ordinary-disability-section-362What is a Defined Benefit Plan?
… by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … However, the biggest contributor to your pension plan is the New York State Common Retirement Fund . Over the past … may pay a set amount; or they may “match” all or part of what an employee contributes. Investments Contributions from …
https://www.osc.ny.gov/retirement/members/defined-benefit-planPart 154 State Administered Defined Contribution Service Award Programs Volunteer Firefighters
part 154 State Administered Defined Contribution Service Award Programs Volunteer Firefighters
https://www.osc.ny.gov/files/local-government/resources/pdf/part154.pdfState Agencies Bulletin No. 1369
… Purpose To inform agencies of OSC ‘s annual record update process and … entry instructions for entering SRA and TDA deductions to ensure compliance with contribution limits. Background … To inform agencies of OSC s annual record update process and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1369-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1114
… Background Pursuant to IRS Regulations, Section 403(b): The regular annual contribution amount will increase to … deferment is also available to employees who qualify for the 15-Year Rule. These employees can defer up to $3,000 in … CUNY Employees Employees who currently have any of the following SRA or TDA deductions: Deduction Code Narrative …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1114-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1215
… row will reflect: The employee’s current biweekly deferral election. The regular maximum contribution amount of $17,500 … to reflect the employee’s new biweekly deferral election. To cancel the deduction, the agency must insert a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1215-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaDiNapoli: Report Finds Mixed Job Picture in Upstate NY
… in job growth since the Great Recession, according to a report examining upstate employment trends issued today by … state still have a long way to go to catch up.” DiNapoli’s report noted total upstate employment reached nearly 3.1 … sector, grew by more than 10,000 jobs over the period. The report revealed the largest job losses of any sector during …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-report-finds-mixed-job-picture-upstate-nyDiNapoli: New York Jobs Top 9 Million, New Statewide High
… its highest employment level ever of more than 9 million jobs in 2014, after adding 538,000 jobs since 2009, according to a report released today by … with New York City gaining three out of four new statewide jobs from 2009 to 2014, while four upstate regions lost jobs, …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-jobs-top-9-million-new-statewide-highIV.4.C General State Charges – IV. Accounting Codes - Uses and Descriptions
… Title Description 60001 Accidental Death Benefits Payments for accidental death benefits pursuant to collective … plan. 60007 Dependent Care Advantage Employer contribution for employees in eligible negotiating units who enroll in the … 60178, and 60179 is June 17, 2013. The new codes are retroactive to April 1, 2013 for purposes of classifying …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv4c-general-state-chargesLeaves of Absence and Service Credit – Special 20- and 25-Year Plans
… service credit only accumulates for any period of time you receive earnings, therefore no service credit is given …
https://www.osc.ny.gov/retirement/publications/1517/leaves-absence-and-service-creditState Agencies Bulletin No. 1100
… of Civil Service to process imputed income transactions for the value of the employer contribution for health insurance benefits provided to an employee’s … value of employer provided health benefits to an employee for a domestic partner. Historically, marriages between …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1100-new-imputed-income-earnings-codes-health-benefits-provided-marriedCancellation 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.pdfMilitary Service Credit
… credit depends on which section of the law applies in your case, and in some circumstances there is no cost. Once we …
https://www.osc.ny.gov/retirement/members/military-service-creditState Agencies Bulletin No. 1448
… Purpose To inform agencies of OSC’s annual record update process and … entry instructions for entering SRA and TDA deductions to ensure compliance with contribution limits. Background … To inform agencies of OSCs annual record update process and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1448-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1535
… Purpose To inform agencies of OSC’s annual record update process and … entry instructions for entering SRA and TDA deductions to ensure compliance with contribution limits. Background … To inform agencies of OSCs annual record update process and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1535-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaMore About This Retirement Plan – Special 20- and 25-Year Plans
… and Fire Retirement System (PFRS) covered by the special 20- and 25-year retirement plans. (There is no Tier 4 in PFRS.) These … a special 25-year plan and the one-year FAE or a special 20-year plan (regardless of FAE), and if you choose the … Special 20 and 25Year Plan information for PFRS Tier 2 3 Article 11 5 …
https://www.osc.ny.gov/retirement/publications/1517/more-about-retirement-planOverview – Membership and Enrollment
… a lifetime defined pension benefit . New members will lock in the benefits of Tier 6. Other advantages of …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewMaking Adjustments to Earnings and Days Worked – Legacy Reporting
… you should submit an adjustment report using Retirement Online ( here is a sample adjustment report file ). Do not … in a future annual billing. Also, you can’t use Retirement Online or the Adjustment Report (RS2050) to report an … report information about employees through Retirement Online including their earnings the number of days they …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/making-adjustments