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Opinion 90-54
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Retirement Benefits (equitable distribution of benefits in … a unified investment pool known as the Common Retirement Fund, a member does not have a separate, individual account. …
https://www.osc.ny.gov/legal-opinions/opinion-90-54Vested Retirement Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… age and you have five years of credited service. When you reach retirement age, you will be entitled to a retirement benefit based on your service and salary … on the date the application is received. Remember, it is up to you to file a retirement application when you …
https://www.osc.ny.gov/retirement/publications/1511/vested-retirement-benefitOpinion 2002-2
… credit after entitlement age); (voluntary waiver of right to begin receiving award at entitlement age) GENERAL … program may permit a participant to waive voluntarily the right to begin receiving his or her service award upon … part, as the unconditional and legally enforceable right to receive benefits under a service award program "that …
https://www.osc.ny.gov/legal-opinions/opinion-2002-2-0Opinion 2002-2
… credit after entitlement age); (voluntary waiver of right to begin receiving award at entitlement age) GENERAL … program may permit a participant to waive voluntarily the right to begin receiving his or her service award upon … part, as the unconditional and legally enforceable right to receive benefits under a service award program "that …
https://www.osc.ny.gov/legal-opinions/opinion-2002-2Eligibility, Your Vested Benefit and Filing – Article 14 Benefits
… credit. The amount of your vested benefit will be based on your service, age at retirement and the salary you earned … of service. If you choose to begin receiving your benefit on or after age 55 but before your early retirement age, your …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingAbout Benefit Reductions
… Benefit Reduction for Early Retirement Members in regular retirement plans can retire with full benefits at the age … to retire as early as age 55 with a reduction for early retirement.* *Tier 1 members can retire at age 55 without a …
https://www.osc.ny.gov/retirement/members/about-benefit-reductionsStraight Talk About Financial Planning For Your Retirement
… In most cases, these projections are mailed to your home address the next business day. A benefit projection is a … are voluntary retirement savings programs created by federal and State laws that allow you to save a portion of … Get out of debt If you have heavy credit card or personal loan debt, you could be cheating yourself out of savings and …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementRetiring 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 … 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 is important …
https://www.osc.ny.gov/retirement/publications/1512/retiring-age-62Retiring Before Age 62 – Career Plan
… 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It is important to know that once you retire with a reduced benefit, the …
https://www.osc.ny.gov/retirement/publications/1642/retiring-age-62Retiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… shown below. The percentage of the benefit reduction is prorated based on your exact age at retirement. Age at … of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It is important to know that once you retire with a reduced benefit, the …
https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62Death Benefits
… for ordinary death benefits information. (Return to Top) Accidental Death Benefit An accidental death benefit … be reduced below the amount initially paid. (Return to Top) Special Accidental Death Benefit If you are a PFRS … accidental death benefit may also be payable. (Return to Top) The Survivor’s Benefit Program The Survivor’s Benefit …
https://www.osc.ny.gov/retirement/members/death-benefitsOrdinary Death Benefit
… Ordinary Death Benefit – Signed into law on December 16, 2022 as Chapter 720 of the laws of 2022 – …
https://www.osc.ny.gov/legislation/ordinary-death-benefitOpinion 94-9
… This opinion represents the views of the Office of the State Comptroller at the time … State, July 22, 1975; Memorandum to the Governor, by the New York State Publishers Association, July 18, 1975; Memorandum …
https://www.osc.ny.gov/legal-opinions/opinion-94-9Retiring Before Age 62 – New Career Plan
… retire before age 62 will have their benefit reduced by the percentages shown below: Age at Retirement Percentage of …
https://www.osc.ny.gov/retirement/publications/1515/retiring-age-62Opinion 93-29
… This opinion represents the views of the Office of the State Comptroller at the time it was … . former Village Law, §89[8], repealed by L 1972, ch 892; Town Law, §64[11]). The Village Law, however, does make … (Opn No. 84-58, supra ; Opn No. 82-173, supra ; see also NY Const, article I, §11). There is, however, no statutory …
https://www.osc.ny.gov/legal-opinions/opinion-93-29Opinion 92-24
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. OFFICIAL NEWSPAPER -- …
https://www.osc.ny.gov/legal-opinions/opinion-92-24DiNapoli: 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 … musicians and models," DiNapoli said. "We have laws on the books to make certain that children are working with … the same period, DOL issued 844 employer certificates. The law also requires 15 percent of a child’s earnings to be …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-audit-recommends-better-protections-child-performersNew York City’s Uneven Recovery: Youth Labor Force Struggling
… New York City’s Young Labor Force Still Reeling from COVID-19 Pandemic When the COVID-19 pandemic first hit, workers aged 16 to 24 …
https://www.osc.ny.gov/reports/osdc/new-york-citys-uneven-recovery-youth-labor-force-strugglingOpinion 91-16
… -- Fees (not based on agate measurement for publication of notice of unredeemed land) REAL PROPERTY TAXES AND ASSESSMENTS -- Redemption (publication of notice of unredeemed lands) -- Tax Sale (cost of publication of notice) CIVIL PRACTICE LAW AND RULES, §8007; PUBLIC OFFICERS …
https://www.osc.ny.gov/legal-opinions/opinion-91-16Overtime at State Agencies Reached All-Time High in 2020
… million, continuing an upward trend over the last decade and spurred on by the COVID-19 pandemic, according to a … Total overtime hours of 19 million increased 3.9 percent and total overtime earnings increased 5.5 percent from 2019. … The pandemic touched nearly every aspect of our lives and the men and women in public employment stepped up to help …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020