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State Agencies Bulletin No. 2186
… Job Record (if multiple records exist). Insert row within Coverage panel and enter the payroll period begin date into … fields. Enter the employee’s Date of Membership into the Election Date field. Note: Carry the same election date forward from the previous row. Enter the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2186-2024-two-year-look-back-tier-6-suny-optional-retirement-plan-orp-andEmployer Contribution Calculation
… of employer contributions for the funding of the New York state and local employees’ retirement system and the New York state and local police and fire retirement system … of employer contributions for the funding of the New York state and local employees retirement system and the …
https://www.osc.ny.gov/legislation/employer-contribution-calculationNYSLRS Announces Employer Contribution Rates for 2024-25
… P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System (NYSLRS) for State Fiscal Year (SFY) 2024-25. Employers’ average … rates will increase from 13.1% to 15.2% of payroll for the Employees’ Retirement System (ERS) and from 27.8% to …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25The Survivor’s Benefit Program for Retired NYS Employees
… plan that provides a minimum death benefit to the survivors of New York State retired employees. Your … Information about The Survivors Benefit Program which provides minimum death benefit to the survivors of New York State retired employees …
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-retired-nys-employeesStraight Talk About Financial Planning For Your Retirement
… it’s good to know your retirement benefit is one of them. You can be confident that when you are ready to retire, your … based on what you spend now and what you think you will need to supplement your pension. Experts tell us you will … and over who aren’t receiving Social Security benefits and do not yet have an online account. You can view your …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementUnified Court System Bulletin No. UCS-316
… Purpose The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the … Salary Increases and provide instructions for payments not processed automatically. Affected Employees Employees in … detailed in the Labor Relations Memorandum are extended to the Management/Confidential and Unrepresented employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-316-april-2021-and-april-2022-state-new-york-unified-court-systemAre You Vested? And What It Means
… Are You Vested? Being vested means that you have earned enough … by your retirement plan. Vesting is automatic; you do not have to fill out any paperwork to become vested. Tier … As of April 9, 2022, Tier 5 and 6 members also only need five years of service credit to be vested. This newly …
https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-meansOnline Services
… We offer a growing list of secure Online Services for customers, clients and business partners. For certain services, you must first enroll to get a user ID … of a legal opinion Search bid protest decisions Search for Lost Money Securities Coordinating Committee Forward Bond …
https://www.osc.ny.gov/online-servicesDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… access to a two-year projection of their annual pension bill six weeks earlier than in previous years. Employers use …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19Funded Ratio of New York State Local Retirement System
Graph of historical funded ratio.
https://www.osc.ny.gov/files/press/pdf/funded-ratio-nyslrs.pdf2026 Police and Fire Retirement System (PFRS) Final Rates
Contribution rates for participating employers of the Police and Fire Retirement System (PFRS) — fiscal year 2025, fiscal year 2026 and expected long-term rates.
https://www.osc.ny.gov/files/retirement/resources/pdf/rates-pfrs-2026.pdfDisability Benefits
… Important facts members need to know about disability retirement benefits from the …
https://www.osc.ny.gov/retirement/members/disability-benefitsCredit for Previous or Military Service – Article 14 Benefits
… You may be able to obtain credit for your previous public employment or military service. It … member. Military Service You may be able to receive credit for some or all of your military service. To determine your … please write to our Member & Employer Services Bureau. For reinstatement to Tier 1 or Tier 2, you must send us a …
https://www.osc.ny.gov/retirement/publications/1644/credit-previous-or-military-serviceEstablishing the Standard Work Day – Enhanced Reporting
… The number of days worked you report for your employees has a direct … We use days worked to determine service credit, which is the basis for benefit eligibility and, in most cases, used … The standard work day SWD represents the amount of time per …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/establishing-standard-work-dayOpinion 92-27
… or statutory amendments that bear on the issues discussed in the opinion. LOCAL LAWS -- Payroll Deductions (for … of municipal officers or employees. This section provides in pertinent part as follows: 1. No assignment of ... the … by any bank, trust company or credit union doing business in the State of New York, shall in any way operate to prevent …
https://www.osc.ny.gov/legal-opinions/opinion-92-27Get Help
… Filing System VendRep System - Enroll Now Proceed to Login … Information on where to get help related to Online Services …
https://www.osc.ny.gov/online-services/get-helpIX.7.E Disaster Assistance – IX. Federal Grants
… process will be used each time there is a disaster event. This process requires the participation of staff in the … project in the first instance. In this case, they can code transactions to track the disaster activity and later … DOB Examiner. Guide to Financial Operations REV. 07/30/2015 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7e-disaster-assistanceRetirement Estimates – Divorce and Your Benefits
… The court may ask for the present or accrued value of the benefits due to a … actuarial consultant, or use the Retirement Online benefit calculator or the Quick Calculator on our website for a projection of anticipated …
https://www.osc.ny.gov/retirement/members/divorce/retirement-estimatesDisability Retirement – Divorce and Your Benefits
… retirement plans provide for several different types of disability retirement benefits. However, NYSLRS does not … benefit. Instead, the pension is a fixed percentage of the member’s final average earnings. This means there is no “service” portion and “disability” portion of the retirement benefit. If the DRO does not specifically …
https://www.osc.ny.gov/retirement/members/divorce/disability-retirementDiNapoli: Waiving Waiting Period for Public Workers' Retirement Protects Families During Pandemic Crisis
… Comptroller Thomas P. DiNapoli today applauded Governor Cuomo’s Executive Order waiving the statutory 15-day waiting … that were intended for them. My thanks to Governor Cuomo for acting on my request and taking steps to protect … is filed with NYSLRS. DiNapoli wrote to Governor Cuomo last week to request the Executive Order, which …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-waiving-waiting-period-public-workers-retirement-protects-families-during-pandemic-crisis