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DiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return

… will decrease for fiscal year 2016-17 and the assumed rate of return for NYSLRS will be lowered from 7.5 percent to 7 … Retirement System (ERS) will decrease from 18.2 percent of payroll to 15.5 percent, or about 15 percent. While the … Retirement System (PFRS) will decrease from 24.7 percent of payroll to 24.3 percent, or about 2 percent. "For the …

https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-return

City of Cortland – Credit Accounts & Employee Reimbursements (2020M-141)

… take corrective action. Appendix B includes our comment on the issues raised in the City’s response letter. …

https://www.osc.ny.gov/local-government/audits/city/2021/05/14/city-cortland-credit-accounts-employee-reimbursements-2020m-141

Enroll Employee in General Deduction

https://www.osc.ny.gov/files/state-agencies/payroll/2021/pdf/Enroll-Employee-in-General-Deduction.pdf

Enroll Employee in 403b Plan

https://www.osc.ny.gov/files/state-agencies/payroll/2021/pdf/Enroll-Employee-in-403b-Plan.pdf

Town of Evans – Employee Benefits (2024M-53)

… was recorded incorrectly or not at all in the payroll system. Four separation payments totaling $11,282 were … that, if implemented, will improve the Town’s employee benefits practices. Town officials agreed with our …

https://www.osc.ny.gov/local-government/audits/town/2024/09/20/town-evans-employee-benefits-2024m-53

Omnibus Technical Corrections

… the requirement that an application for membership in the New York State and Local Employees’ Retirement System or the New York State and Local Police and Fire Retirement System be … funds as joint custody; authorizing regulations for new payment technologies; and eliminating the filing of an …

https://www.osc.ny.gov/legislation/omnibus-technical-corrections

DiNapoli: Retired Westchester County Police Officer Indicted for Forging State Records to Illegally Double-Dip From State Pension Fund

… Attorney David J. Clegg today announced the indictment of former Ulster County BOCES criminal justice instructor … system,” DiNapoli said. “He will now face the consequences of his actions. Safeguarding the New York State and Local … BOCES teaching criminal justice and earning a salary of over $70,000. As a state retiree under the age of 65 at …

https://www.osc.ny.gov/press/releases/2023/02/dinapoli-retired-westchester-county-police-officer-indicted-forging-state-records-illegally-double

Eliminate Notary Requirement on Membership Application

… – A.9348 (Abbate) – Eliminates the requirement that an application for membership in the New York State and Local … Eliminates the requirement that an application for membership in the New York State and Local …

https://www.osc.ny.gov/legislation/eliminate-notary-requirement-membership-application

Employee Statuses and Changing an Employees Status in PayServ – Payroll Manual

… working, however, they are not separated from state service. An employee on a Leave of Absence is completely … Reason Code to ensure that OSC can apply any benefits or salary considerations the employee may be eligible for upon … to the Attendance and Leave Manuals or Department of Civil Service State Personnel Management Manual (SPMM) , as …

https://www.osc.ny.gov/state-agencies/payroll/payroll-manual/employee-statuses-and-changing-employees-status-payserv

SUNY Bulletin No. SU-314

… RR5 ORC OS5 Recall Standby OT PEF 2.5 RS5 ORP SO5 Recall SBY OT CSEA Class 2.5 RA5 ORS ST2 Standby OT Adjust - CSEA …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-314-pilot-program-establishing-temporary-overtime-rates

CUNY Bulletin No. CU-602

… to include additional information required for OSC’s audit and approval. Effective Date Immediately Agency Actions … form requires agencies to provide additional information and certify that they have verified all prior service with … plan providers. The fields below have been added and should be completed by the Agency: Last 4 of SSN Hire …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-602-revised-form-tiaa-eligible-employees

Employers

Information and resources for participating employers of the New York State and Local Retirement System NYSLRS

https://www.osc.ny.gov/retirement/employers

DiNapoli: Georgia Woman Sentenced to Over a Year in Prison and Ordered to Pay $459K in Full Restitution for Stealing NYS Pension and Social Security Payments

… common crime that regrettably often follows the death of a family member,” Buchanan said. “This defendant stole nearly … a longtime Brooklyn resident who had worked for the State Insurance Fund from 1985 until her retirement in 2005. She … death. Instead, the retirement system received a change of address form purportedly signed and dated by the deceased. At …

https://www.osc.ny.gov/press/releases/2023/11/dinapoli-georgia-woman-sentenced-over-year-prison-and-ordered-pay-459k-full-restitution-stealing-nys

Who to Report – Enhanced Reporting

… When you use enhanced reporting, you not only report data on employees who are enrolled NYSLRS …

https://www.osc.ny.gov/retirement/employers/enhanced-reporting/who-to-report

Post Retirement Reporting

… Overview School districts and Boards of Cooperative Educational Services (BOCES) are … would indicate if a retiree exceeded the earnings limit and provides the necessary information to comply with the … without affecting their pension. Generally, NYSLRS and other New York public sector retirees under age 65 are …

https://www.osc.ny.gov/retirement/employers/post-retirement-reporting

State Agencies Bulletin No. 1814

… Purpose The purpose of this bulletin is to notify agencies of the 2019-2020 maximum salary contribution limit for Tier 6 members of PFRS (7W), and ERS (7Y). Background On … through March 31, 2020 for members of PFRS and ERS. This is a prorated figure based on partial plan year January 1, …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1814-maximum-salary-contribution-limit-tier-6-members-following-new-york

Employer Graded Rate Contribution Calculation

… (Golden) – Provides employers with a tailored graded contribution rate when amortizing a portion of their … Provides employers with a tailored graded contribution rate when amortizing a portion of their …

https://www.osc.ny.gov/legislation/employer-graded-rate-contribution-calculation

State Comptroller DiNapoli and Rockland D.A. Announce Middletown Man Arraigned on Grand Larceny Charges

… uncovered his fraud, and he will now be held accountable for his actions. My office will continue to protect the … On or about November 15, 2018, Cesar submitted a request for a loan in the amount of $3,900 (minus a loan fee of $20) …

https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-and-rockland-da-announce-middletown-man-arraigned-grand-larceny-charges