Search
Straight Talk About Financial Planning For Your Retirement
… A Message from Comptroller Thomas P. DiNapoli There are few things that are certain in life, and it’s good to know your retirement benefit is one of them. You … early or too late to develop a financial strategy. That’s where this booklet can help. It includes information about …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementCUNY Bulletin No. CU-113
… non-represented employees Affected Employees Employees in Bargaining Units TC, U2 and U6 Effective Dates Payroll … has been discontinued for non-represented employees in Bargaining Units TC,U2 and U6. OSC Actions Effective … withheld from non-represented employees will be provided in a forthcoming Bulletin. Questions Questions regarding this …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-113-ending-salary-withholding-program-non-represented-cunyDeath Benefits
… survivors should contact us as soon as possible. Survivors can report the death of a member using our online death report form or they can call 866-805-0990 and press 3 then 1. We’ll also need a … our Find Your NYSLRS Retirement Plan Publication tool can help. Ordinary Death Benefit If you have at least one …
https://www.osc.ny.gov/retirement/members/death-benefitsExamples – Article 14 Benefits
… Example: A member joins at age 22 and has ten years of service credit when he or she leaves public employment. The member can apply for a vested retirement benefit at the …
https://www.osc.ny.gov/retirement/publications/1644/examplesDiNapoli: Audit Recommends Better Protections for Child Performers
… The state Department of Labor is falling short in enforcing New York’s laws to protect child performers, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. State auditors … to set aside some of the children’s earnings in a trust. "New York needs to do more to protect child actors, dancers, …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-audit-recommends-better-protections-child-performersVested Retirement Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… provisions of the retirement plan that you were covered by in your last public employment determine the vested benefit. …
https://www.osc.ny.gov/retirement/publications/1511/vested-retirement-benefitOrdinary Death Benefit
… be reduced while a member of the New York State and Local Retirement System (NYSLRS) and the New York State Teachers' Retirement System (TRS) is in service to the full retirement …
https://www.osc.ny.gov/legislation/ordinary-death-benefitOpinion 2002-2
… This opinion represents the views of the Office of the State Comptroller at the time it was … subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. VOLUNTEER … based on more than 40 years of service credit, it is also our view that a participant's total accumulation of service …
https://www.osc.ny.gov/legal-opinions/opinion-2002-2Opinion 2002-2
… or statutory amendments that bear on the issues discussed in the opinion. VOLUNTEER FIREFIGHTERS - Service Award … age, subject to the 40 year maximum provided for in article 11-A of the General Municipal Law. To implement … his or her service award upon reaching entitlement age in order to continue to earn credit after entitlement age. A …
https://www.osc.ny.gov/legal-opinions/opinion-2002-2-0Eligibility, Your Vested Benefit and Filing – Article 14 Benefits
… Eligibility You are eligible for a vested retirement benefit if you leave public employment and have … to begin receiving your vested benefit at your early retirement age or when you reach age 55. Your early retirement age is the age at which you would have completed …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingAbout Benefit Reductions
… 6.5 61 13 60 19.5 59 26 58 32.5 57 39 56 45.5 55 52 Tier 3 State Correction Officer and Security Hospital Treatment …
https://www.osc.ny.gov/retirement/members/about-benefit-reductionsOpinion 94-9
… This opinion represents the views of the Office of the State Comptroller at the time … under General Construction Law, §60-a except that it is not registered as second-class matter, may be designated … circulation; (2) be established and ordinarily printed and distributed at least weekly for at least one year; (3) …
https://www.osc.ny.gov/legal-opinions/opinion-94-9Opinion 93-29
… precedent to designation as the official newspaper of any county, city, town, village or other political or civil …
https://www.osc.ny.gov/legal-opinions/opinion-93-29Life Changes: Membership in a Nutshell
… To apply for previous service, sign in to your Retirement Online account , go to the ‘My Account Summary’ area of your … purchasing additional service credit will increase your pension. However, there are certain situations where … prior to your estimated date of retirement. Use Our Quick Calculator The quick calculator will estimate your pension …
https://www.osc.ny.gov/retirement/publications/life-changes-membership-nutshellOpinion 92-24
… This opinion represents the views of the Office of the State Comptroller at the time … Law, §60 and Public Officers Law, §70-a, because it is mailed as third class matter and does not have a paid … not be designated as an official newspaper. A town board is not required to designate an official newspaper, but if it …
https://www.osc.ny.gov/legal-opinions/opinion-92-24New York City’s Uneven Recovery: Youth Labor Force Struggling
… the-mayor/news/081-22/new-york-city-mayor-eric-adams-record-100-000-summer-youth-employment-opportunities#/0 . 8 Reema …
https://www.osc.ny.gov/reports/osdc/new-york-citys-uneven-recovery-youth-labor-force-strugglingOvertime at State Agencies Reached All-Time High in 2020
… high at more than $850 million, continuing an upward trend over the last decade and spurred on by the COVID-19 … payroll spending in 2020, an increase from the 4.2 percent average from 2011 through 2019. “State agency overtime …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020Retiring Before Age 62 – Career Plan
… reduced by the percentages shown below. The percentage of the benefit reduction is prorated based on your exact age at retirement. Age at Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It …
https://www.osc.ny.gov/retirement/publications/1642/retiring-age-62Retiring Before Age 62 – Police and Fire Plan
… Tier 2, 3, 5 and 6 members who retire before age 62 will have their benefit reduced by the percentages … the benefit reduction is prorated based on your exact age at retirement. Age at Retirement Percentage of Reduction 55 …
https://www.osc.ny.gov/retirement/publications/1512/retiring-age-62Retiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… The percentage of the benefit reduction is prorated based on your exact age at retirement. Age at Retirement Percentage … 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