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Ordinary Death Benefit – State Correction Officers and Security Hospital Treatment Assistants Plan
State Correction Officers and Security Hospital Treatment Asst Plan info for ERS Tier 3 5 and 6 members under Article 14CO Ordinary Death Benefit
https://www.osc.ny.gov/retirement/publications/1526/ordinary-death-benefitBecoming a Participating Employer – What Every Employer Should Know
… disability retirement benefits. The process of becoming a participating employer in NYSLRS begins with you providing us … you need to know to work with NYSLRS, including enrolling members and reporting their salary and service to us. Once an … years of service, salary and age at the time you become a participating employer. The deficiency is paid in annual …
https://www.osc.ny.gov/retirement/employers/partnership/becoming-participating-employerAccidental Disability – 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 this … 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/1642/accidental-disabilityOrdinary Disability (Section 362) – Career Plan
… receiving Section 207-a or 207-c (General Municipal Law) benefits. If you are eligible, applications for ordinary … disability retirement must be submitted while you are in service or within 90 days from the date you: Are last paid …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-disability-section-362Challenging a Determination – New Career Plan
… to the Hearing Administration Bureau within four months of the determination. We will send you an acknowledgment letter and an explanation of the hearing process when we receive your written request. …
https://www.osc.ny.gov/retirement/publications/1515/challenging-determinationEnding Your Membership – Career Plan
… If you do not have at least five years of credited service and seven years have elapsed since you last worked for a participating public employer; 1 If you are not vested, … Local Retirement System. 1 Updated 10/22 … Career Plan for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by …
https://www.osc.ny.gov/retirement/publications/1642/ending-your-membershipChallenging a Determination – Non-Contributory Plan with Guaranteed Benefits
… an independent hearing officer. Your request must be in writing and directed to the Hearing Administration Bureau … NonContributory Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Section 375e Challenging a Determination …
https://www.osc.ny.gov/retirement/publications/1513/challenging-determinationVested Retirement Benefit – Career Plan
… service and salary earned when you were an active member. 1 The date you are eligible to retire depends on your tier. Tier 1 Full vested benefit as early as the first of the … to a designated beneficiary of your choosing after your death. Filing To receive your vested retirement benefit at …
https://www.osc.ny.gov/retirement/publications/1642/vested-retirement-benefitTier Status – New Career Plan
… When you join the Retirement System, you are assigned to a tier depending on … by Article 11 or Article 14 benefits, depending on their retirement plan election. There is no Tier 4 in the New York … and Fire Retirement System. … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections …
https://www.osc.ny.gov/retirement/publications/1515/tier-statusAvailable Options – Non-Contributory Plan with Guaranteed Benefits
… Single Life Allowance (Option 0) This is the basic retirement benefit. It provides … or sooner, after retiring), nothing will be paid to any beneficiary. Cash Refund — Contributions (Option ½) (Available only to members with annuity savings contributions on deposit)This option …
https://www.osc.ny.gov/retirement/publications/1513/available-optionsMandatory vs. Optional Membership
If you are a permanent fulltime employee of a participating employer you are a mandatory NYSLRS member Other employees have the right to join
https://www.osc.ny.gov/retirement/members/mandatory-vs-optional-membershipRetiree Annual Statement
… Annual Statement provides a year-end summary of your pension payments for the last calendar year, including the … printed Statements by the end of February. Email Delivery (Online Availability): We make Statements available in … your Statement: Sign in to Retirement Online . Look under My Account Summary . Click View My Retiree Annual Statement …
https://www.osc.ny.gov/retirement/retirees/retiree-annual-statementMember Contributions – Legacy Reporting
… 2012). Federal Tax Treatment of Member Contributions ERS Tiers 3 through 6 Member contributions are treated as … is mandatory for all employers, for ERS members in Tiers 3 through 6, and is not available to all Tier 1 and 2 … or reporting, email our Employer Reporting staff . PFRS Tiers 3, 5 and 6 (Article 14, 15 and 22 Benefits) On or after …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/member-contributionsEarnings Limits
… member contributions from earnings above the limit. For Members Who Joined NYSLRS On or After April 1, 1996 Internal Revenue Code Section 401(a)(17) limits the earnings used in the calculation of pension … is applied on a State fiscal year (April 1 – March 31). When the Governor's salary increases at the beginning of a …
https://www.osc.ny.gov/retirement/members/earnings-limitsLife Changes: What If I Leave Public Employment?
… participates in NYSLRS. (Return to Top) What Happens to My NYSLRS Membership? Find Out if You Are Vested If you leave … 6 members needed ten years). Sign in to your Retirement Online account to view your total estimated service credit, … Service (IRS) as an early distribution from a qualified pension plan. The amount reported could be considered taxable …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-leave-public-employmentOysterponds Union Free School District - Financial Management (2019M-217)
Determine whether the Board and District officials provided adequate oversight and management of the Districts budget and financial condition
https://www.osc.ny.gov/local-government/audits/school-district/2020/01/17/oysterponds-union-free-school-district-financial-management-2019m-217East Islip Union Free School District - Financial Condition Management (2020M-24)
… overestimated by an average of $5.1 million (4.7 percent) per year. Over the last four completed fiscal years, the District … unassigned fund balance equal to 4 percent of the ensuing year’s appropriations. However, when unused appropriated fund …
https://www.osc.ny.gov/local-government/audits/school-district/2020/05/01/east-islip-union-free-school-district-financial-condition-managementAn Economic Snapshot of Staten Island’s North Shore
The North Shore is the vibrant northern area of Staten Island and an important freight and commuting hub. The area is the most populous portion of the borough, housing about 38 percent of all residents.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-6-2025.pdf2024 Stewardship Priorities & Proxy Voting Guideline Updates
The New York State Common Retirement Fund’s Corporate Governance Program actively engages with the Fund’s public equity portfolio companies to foster the development of robust governance practices and prudent management of environmental and social factors.
https://www.osc.ny.gov/files/common-retirement-fund/corporate-governance/pdf/2024-stewardhip-priorities-and-proxy-voting-guideline-updates.pdfOSC 9 - Sealed Records Memo
This bill would expressly provide for certain sealed records to be made available to OSC’s officers and employees for purposes of conducting a duly authorized examination into the financial affairs of town and village justice courts.
https://www.osc.ny.gov/files/legislation/pdf/osc-9-sealed-records-memo.pdf