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Are You Vested? And What It Means
… employer, or send us an inquiry using our secure contact form . Once you know your tier and retirement plan, you can …
https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-meansStraight Talk About Financial Planning For Your Retirement
… that are certain in life, and it’s good to know your retirement benefit is one of them. You can be confident that when you are ready to retire, your pension will be there for you. Your retirement benefit is only one part of a good …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… contribution rates for the New York State and Local Retirement System (NYSLRS) in State Fiscal Year 2018-19 will decrease …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19Disability Benefits
… NYSLRS provides a disability retirement benefit for members who are permanently disabled … because of a physical or mental condition. A disability retirement benefit is a pension that will provide monthly … retirement benefits from the New York State and Local Retirement System NYSLRS …
https://www.osc.ny.gov/retirement/members/disability-benefitsCredit for Previous or Military Service – Article 14 Benefits
… before that employer elected to participate in the Retirement System. To receive this credit, you must earn at least two years of credited service as a Retirement System member. Military Service You may be able to …
https://www.osc.ny.gov/retirement/publications/1644/credit-previous-or-military-serviceCUNY Bulletin No. CU-230
… Purpose To explain the procedures for processing payments for CUNY faculty who have been awarded a summer research grant. Affected Employees … amount in the Earnings or Goal Amount field as required. Do not change the Goal Balance. If the Grant has been paid in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-230-grant-payments-summer-researchState Agencies Bulletin No. 809
… Employees who are members of the ORP and have the Retirement Plan Type of 7Z (TIAA/CREF) with ten (10) or more … 2(c), eliminating the mandatory employee contribution for members in the Optional Retirement Program (ORP) who have … with an Election Date prior to April 2, 1998) are eligible for the reduction in contribution regardless of any break(s) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/809-elimination-mandatory-employee-contribution-members-optional-retirementUnified Court System Bulletin No. UCS-316
… using the same effective date of the Rehire or Return from Leave action. If the employee is newly hired or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-316-april-2021-and-april-2022-state-new-york-unified-court-systemGet Help
… Members and Retirees of the New York State and Local Retirement System Learn more … online services for members, retirees and beneficiaries of the New York State and Local Retirement System (NYSLRS). …
https://www.osc.ny.gov/online-services/get-helpLong-Term Expected Contribution Rates – What Every Employer Should Know
… expected rate. You can review long-term expected rates by retirement system, tier and plan by clicking on the Final Rates links … actual annual contribution rates from for both Employees’ Retirement System (ERS) and Police and Fire Retirement System …
https://www.osc.ny.gov/retirement/employers/partnership/long-term-expected-contribution-ratesOpinion 92-27
… HOME RULE LAW, §10(1)(ii)(a)(1): A municipal officer or employee may not make a charitable donation by assigning his … by Counsel to the New York State and Local Employees' Retirement System that such payroll deductions may not include any …
https://www.osc.ny.gov/legal-opinions/opinion-92-27DiNapoli: Waiving Waiting Period for Public Workers' Retirement Protects Families During Pandemic Crisis
… New York State Comptroller Thomas P. DiNapoli today applauded Governor … 15-day waiting period before a public employee’s service retirement can take effect. DiNapoli requested the Executive … to member of the New York State and Local Retirement System. “Many government workers are on the front lines …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-waiving-waiting-period-public-workers-retirement-protects-families-during-pandemic-crisisGraded Rates – Contribution Stabilization Program
… The increase or decrease in the Retirement System graded rates depends on the gap between the System … Graded Rate System Average Rate with GTLI Employees’ Retirement System 2012 15.9 10.5 16.3 2013 18.5 11.5 18.9 …
https://www.osc.ny.gov/retirement/employers/csp/graded-ratesEstablishing the Standard Work Day – Enhanced Reporting
… The number of days worked you report for your employees has a direct impact on their retirement benefits. We use days worked to determine service credit, which is the basis for benefit eligibility and, in most cases, used in the …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/establishing-standard-work-dayXIV.15 Updating Agency Contacts – XIV. Special Procedures
… contact information through the OOO Contact Management System. The following chart lists the types of contacts … Contingencies – annually External Reports – annually Asset Retirement Obligations – annually Intangible Assets – … Contact System Payroll Officer Responsible for maintaining employee payroll data, ensuring compliance with applicable …
https://www.osc.ny.gov/state-agencies/chapter-xiv15/xiv15-updating-agency-contactsCredit for Previous or Military Service – Police and Fire Plan
… before that employer elected to participate in the Retirement System. Service Before Your Date of Membership You may … working for a participating employer before you joined the Retirement System. Military Service You may be able to …
https://www.osc.ny.gov/retirement/publications/1512/credit-previous-or-military-serviceCredit for Previous or Military Service – Non-Contributory Plan with Guaranteed Benefits
… before that employer elected to participate in the Retirement System. Service Before Your Date of Membership You may … working for a participating employer before you joined the Retirement System. Military Service You may be able to …
https://www.osc.ny.gov/retirement/publications/1513/credit-previous-or-military-serviceCredit for Previous or Military Service – Basic Plan with Increased-Take-Home-Pay (ITHP)
… before that employer elected to participate in the Retirement System. Service Before Your Date of Membership You may … working for a participating employer before you joined the Retirement System. Military Service You may be able to …
https://www.osc.ny.gov/retirement/publications/1511/credit-previous-or-military-serviceCredit for Previous or Military Service – Career Plan
… before that employer elected to participate in the Retirement System. Service Before Your Date of Membership You may … working for a participating employer before you joined the Retirement System. Military Service You may be able to …
https://www.osc.ny.gov/retirement/publications/1642/credit-previous-or-military-serviceCredit for Previous or Military Service – New Career Plan
… before that employer elected to participate in the Retirement System. Service Before Your Date of Membership You may … working for a participating employer before you joined the Retirement System. Military Service You may be able to …
https://www.osc.ny.gov/retirement/publications/1515/credit-previous-or-military-service