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Opinion 90-54
… the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Retirement Benefits (equitable distribution of benefits in matrimonial actions) DOMESTIC RELATIONS LAW, … AND SOCIAL SECURITY LAW, §§110, 410: Certain pension benefits payable by the State and Local Retirement Systems …
https://www.osc.ny.gov/legal-opinions/opinion-90-54Legislative and Executive Retirement Plan For Tier 1 and 2 Members (Section 80-a)
… A Message from Comptroller Thomas P. DiNapoli As a member of the Retirement System, you are covered by a plan that … payments will cease at your death. Cash Refund — Initial Value (Option 1) (Available to Tier 1 members only) This … retirement benefit payments that equal the initial value of your benefit, the balance of the initial value will …
https://www.osc.ny.gov/retirement/publications/legislative-and-executive-retirement-plan-tier-1-and-2-members-section-80Additional Service Credit for Unused, Unpaid Sick Leave – Special 20- and 25-Year Plans
… the optional sick leave benefit provided by Section 341(j) of the Retirement and Social Security Law (RSSL). To be … must retire directly from public service or within a year of separating from service. For most members, the maximum number of sick leave days allowable is 165. The additional credit is …
https://www.osc.ny.gov/retirement/publications/1517/additional-service-credit-unused-unpaid-sick-leaveLife Changes: How Do I Prepare to Retire?
… longer. With many of us now spending a third of our lives in retirement, it’s important to consider how you can enjoy financial security in your retirement. By reading this booklet, you are taking … both your current benefits and those you may receive in the future is essential. To help you stay up to date, we …
https://www.osc.ny.gov/retirement/publications/life-changes-how-do-i-prepare-retireThe Child School – Compliance With the Reimbursable Cost Manual
… Purpose To determine whether the expenses reported on the Consolidated Fiscal Reports (CFRs) of The Child School (School) were calculated properly, … To determine whether the expenses reported on the Consolidated Fiscal Reports CFRs of The Child School School were calculated properly …
https://www.osc.ny.gov/state-agencies/audits/2015/09/11/child-school-compliance-reimbursable-cost-manualStraight 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 … average salaries and service credit totals to estimate what their benefit will be when they retire.* Entering a … relatives and business associates; Don’t be afraid to ask questions: Do they personally research the financial products …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementCUNY Bulletin No. CU-113
… SWP row on the Additional Pay panel to end the withholding of salary for employees who were going through the Salary … on the 70XX0 current payrolls Agencies were notified of the affected employees on the Auditor Correction Report. Payback of Salary Previously Withheld Information regarding the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-113-ending-salary-withholding-program-non-represented-cunyDeath Benefits
… us as soon as possible. Survivors can report the death of a member using our online death report form or they can … Ordinary Death Benefit If you have at least one year of service credit and die while in active service, and your death is not the result of an on-the-job accident, your beneficiary may be entitled …
https://www.osc.ny.gov/retirement/members/death-benefitsRetirement at Age 62 With Less Than 20 Years of Service – Article 14 Benefits
… the Office of the State Comptroller at least 15 days, but not more than 90 days, before the date on which your …
https://www.osc.ny.gov/retirement/publications/1644/retirement-age-62-less-20-years-serviceExamples – Article 14 Benefits
… employment. The member can apply for a vested retirement benefit at the early retirement age of 42 (the age he or she would have had 20 years of service credit). The benefit will not be reduced. Example: A member joins at age … one year his or her early retirement age exceeded age 60 plus 3.33 percent for each of the additional 5 years the …
https://www.osc.ny.gov/retirement/publications/1644/examplesDiNapoli: Audit Recommends Better Protections for Child Performers
… were paid over $20,000 each for a single performance. DOL did not conduct any site visits or assess workplace … opportunities to comment on the audit’s findings and did not provide any preliminary feedback and incorrectly read …
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-benefitOpinion 2002-2
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … (service credit after entitlement age); (voluntary waiver of right to begin receiving award at entitlement age) GENERAL …
https://www.osc.ny.gov/legal-opinions/opinion-2002-2-0Opinion 2002-2
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … (service credit after entitlement age); (voluntary waiver of right to begin receiving award at entitlement age) GENERAL …
https://www.osc.ny.gov/legal-opinions/opinion-2002-2Opinion 94-9
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … in the opinion. OFFICIAL NEWSPAPER -- Designation of (publication not registered as second-class matter but … Law 60a and Public Officers Law 70a made by chapter 725 of the Laws of 1975 permit a county to designate as one of …
https://www.osc.ny.gov/legal-opinions/opinion-94-9Life Changes: Membership in a Nutshell
… P. DiNapoli I cannot stress enough how important it is for you to know how membership in the New York State and … you are just joining NYSLRS or have been a member for a number of years, this booklet will serve as a valuable … information carefully before making your decision and contact us with any questions you may have. (Return to Top) …
https://www.osc.ny.gov/retirement/publications/life-changes-membership-nutshellOrdinary Death Benefit
… to 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 … to be reduced while a member of the New York State and Local Retirement System NYSLRS and the New York State …
https://www.osc.ny.gov/legislation/ordinary-death-benefitEligibility, Your Vested Benefit and Filing – Article 14 Benefits
… PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingOpinion 93-29
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … in the opinion. OFFICIAL NEWSPAPER -- Designation of (criteria for in villages) VILLAGE BOARD -- Powers and …
https://www.osc.ny.gov/legal-opinions/opinion-93-29About Benefit Reductions
… members who retire between 55 and 62 with 30 or more years of service credit. Tier 5 Uniformed Court Officers and Peace … employed by the Unified Court System with 30 or more years of service can also retire between 55 and 62 with an unreduced benefit. Retirement benefits of all other ERS Tier 5 members, ERS Tier 6 members and PFRS …
https://www.osc.ny.gov/retirement/members/about-benefit-reductions