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Receiving Your Benefit and Filing Your Pension Payment Option Election – State Police Plan
… it. Sign in to your Retirement Online account , go to the ‘My Account Summary’ area of your Account Homepage and click the “Estimate my Pension Benefit” button. Members in certain circumstances …
https://www.osc.ny.gov/retirement/publications/1518/receiving-your-benefit-and-filing-your-pension-payment-option-electionUnified Court System Bulletin No. UCS-95
… Purpose To notify the Unified Court System of the change in eligibility for payroll Deduction Code 300, … Employees in Bargaining Unit SK represented by Local 1070 of District Council 37, American Federation of State, County and Municipal Employees Background At the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-95-change-eligibility-metlife-whole-life-insurance-certainState Agencies Bulletin No. 1712
… Training Leave Benefits and Stipends, and OSC’s process for Military Recalculations effective 01/01/2019 Affected … through 12/31/2019 in response to the continuing need for New York State employees in the National Guard and Reserves to be activated federally or by the Governor for military service related to the war on terror. The MOU’s …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1712-2019-extension-military-and-training-leave-benefits-and-stipendsState Agencies Bulletin No. 1761
… that position pools in PayServ may require updates for SFS lapsing. Overview Certain chart of accounts strings … in PayServ will be lapsing and will no longer be available for use in PayServ. OSC will provide a spreadsheet of all … string effective the beginning of the pay period for the following check dates (Administration – 09/18/2019 & …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1761-sfs-chartfield-strings-payserv-09132019-09272019-lapse-datesCUNY Bulletin No. CU-649
… of the July 2019 Increments and provide instructions for payments not processed automatically Affected Employees … Law, yearly increments are to be paid in January and July for all eligible PSC represented employees. Effective Date(s) … The following Control-D report was made available for agency use on 06/06/2019. This has given agencies time to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-649-july-2019-city-university-new-york-cuny-incrementsCity of Yonkers - Budget Review (B19-6-5)
… $45 million to liquidate current deficits in the City School District’s general fund as of June 30, 2014. Chapter … obligations are outstanding. Key Findings The Yonkers Public School District’s budget request is $645.3 million for …
https://www.osc.ny.gov/local-government/audits/city/2019/05/17/city-yonkers-budget-review-b19-6-5State Agencies Bulletin No. 1735.1
… Purpose To provide agencies with instructions for the new Additional Pay Earnings Code to be used when an … seasonal and other non-statutory positions to $15.00 for State employees whose job location is within the five boroughs of New York City (NYC), $12.00 for State employees whose job …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/17351-minimum-wage-differential-annual-employeesTown of Waterford - Town Clerk Collections (2018M-265)
… and 2017 real property tax collections and documentation to substantiate the date real property taxes were received … manner. Maintain payment stubs and postmarked envelopes to support real property tax payments. Except as specified in … agreed with our recommendations and indicated they planned to take corrective action. Appendix B includes our comments …
https://www.osc.ny.gov/local-government/audits/town/2019/05/03/town-waterford-town-clerk-collections-2018m-265Village of Suffern – Budget Review (B19-6-3)
… the significant revenue and expenditure projections in the Village’s tentative budget for the 2019-20 fiscal year … are reasonable. Background The Village of Suffern, located in Rockland County, issued debt not to exceed $5 million to liquidate the accumulated deficits in the Village’s general, water, sewer and capital projects …
https://www.osc.ny.gov/local-government/audits/village/2019/04/16/village-suffern-budget-review-b19-6-3Challenging a Determination – Career Plan
… to the Hearing Administration Bureau within four months of the determination. We will send you an acknowledgment letter with an explanation of the hearing process when we receive your written request. … Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by Article 11 Sections 375h and 375i …
https://www.osc.ny.gov/retirement/publications/1642/challenging-determinationTier 2, 3, 5 and 6 Death Benefits – New Career Plan
… years of service, not to exceed three years of salary. For example, if you die after one year of service, your … with a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − 10,800 (ordinary death benefit at … benefit at age 60): $18,000 … 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-2-3-5-and-6-death-benefitsEnding Your Membership – Career Plan
… have elapsed since you last worked for a participating public employer; 1 If you are not vested, leave public employment and voluntarily withdraw your membership ; … If you transfer your membership to another New York State public retirement system; If you retire; or If you die. …
https://www.osc.ny.gov/retirement/publications/1642/ending-your-membershipPerformance of Duty Disability – New Career Plan
… performance of your duties, regardless of the amount of service you may have. Notice of Occurrence To be eligible for … be equal to one-half (50 percent) of your FAS, plus an annuity based on any annuity savings contributions you have … The application must be filed while you are still in service or within two years of your discontinuance from …
https://www.osc.ny.gov/retirement/publications/1515/performance-duty-disabilityOrdinary Disability (Section 362) – New Career Plan
… of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this … If you are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Borrowing Against Your Contributions – New Career Plan
… loan balance at retirement. The approximate reductions are for calendar year 2017. The amount of the reduction changes … that causes your loan to exceed the federal limits for nontaxable loans. Exceeding these limits could result in significant tax consequences for you. You do not make the required payments on your loan …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsRetiring Before Age 62 – New Career Plan
… Tier 2, 3, 5 and 6 members who retire before age 62 will have their benefit reduced by the percentages shown below: Age at Retirement Percentage of … Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375h and 375i Retiring Before …
https://www.osc.ny.gov/retirement/publications/1515/retiring-age-62Contributing Toward Your Retirement – New Career Plan
… your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These … retirement benefits until you retire or have 32 years of service credit, whichever occurs first. These mandatory … as shown below, until you retire or have 32 years of service credit, whichever occurs first. These mandatory …
https://www.osc.ny.gov/retirement/publications/1515/contributing-toward-your-retirementStay Informed – New Career Plan
… address changes. This is especially important if you leave public employment before you are eligible to retire. …
https://www.osc.ny.gov/retirement/publications/1515/stay-informedDivorce – Non-Contributory Plan with Guaranteed Benefits
… benefits should be divided. However, it does not allow for a distribution of your pension until you actually retire, … wishes. Effective July 7, 2008, beneficiary designations for certain benefits are revoked when a divorce, annulment or … otherwise. Beneficiary designations may be revoked for the Ordinary Death Benefit, Cash Refund Initial Value …
https://www.osc.ny.gov/retirement/publications/1513/divorceRetiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… NonContributory Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Section …
https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62