Search

Overview – New Career Plan

… calculation of your FAS can include, but is not limited to, the following types of payments. In some cases, certain … amount of overtime and noncompensatory overtime is limited to 15 percent of your salary. …

One-Year FAS – Non-Contributory Plan with Guaranteed Benefits

… salary; Overtime;* Holiday pay; Noncompensatory overtime;* and Longevity payment. All payments must be earned in the 12 … made in anticipation of retirement; Lump sum payments for deferred compensation; and Any payments made for time not worked. The earnings used in the calculation of …

Overview – Non-Contributory Plan with Guaranteed Benefits

…   Your pension is based on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the wages you earned during any 36 consecutive months of service when your earnings were highest. For Tier 6 …

One-Year FAS – Basic Plan with Increased-Take-Home-Pay (ITHP)

… calculation provides a higher FAS. (Note: This benefit is generally not available to Tier 6 members.) The one-year … The calculation of a one-year FAS can include, but is not limited to, the following types of payments: Regular … the total amount of overtime and noncompensatory overtime is limited to 15 percent of your salary. …

Overview – Basic Plan with Increased-Take-Home-Pay (ITHP)

…   Your pension is based on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the wages you earned during any 36 consecutive months of service when your earnings were highest. For Tier 6 …

One-Year FAS – Police and Fire Plan

Overview – Police and Fire Plan

…   Your pension is based on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the wages you earned during any 36 consecutive months of service when your earnings were highest. For Tier 6 …

Retirement Estimates – Divorce and Your Benefits

… to: NYSLRS Equitable Distribution Estimates Unit 110 State Street Mail Drop 6-2 Albany, NY 12244-0001 Estimates for …

Town of German – Supervisor’s Records and Reports (2023M-54)

… report – pdf] Audit Objective Determine whether the Town of German (Town) Town Supervisor (Supervisor) maintained … was compromised, resulting in diminished transparency of the Town’s financial operations. The former Supervisor: Incorrectly recorded almost $1 million of highway fund revenues and $57,000 of fire protection fund …

Akron Central School District – Controls Over Compensatory Time (2014M-24)

… Background The Akron Central School District is located in the Towns of Alden, Clarence and Newstead in Erie County, the Towns of Lockport … Some employees have been acquiring comp time during normal work hours. There is no established deadline when a request …

Town of Oppenheim – Town Clerk Operations (2014M-248)

… through March 31, 2014. Background The Town of Oppenheim is located in Fulton County and has a population of approximately 1,900. The Town is governed by … to examine the Clerks operations for the period January 1 2013 through March 31 2014 …

Vendor File Advisory No. 3

… Subject and Policy: Agencies should collect and record the email address and phone number for a vendor’s Primary Contact during the … Agencies should collect and record the email address and phone number for a vendors Primary Contact during the …

State Agencies Bulletin No. 1669

… Purpose To inform agencies of the new warning message that will … on NYSPO Affected Employees All employees who have access to NYSPO Background New York State Payroll Online is an employee self-service application created to allow employees to view and update their payroll …

State Agencies Bulletin No. 344

… Purpose To explain the procedure for the annual review of employees … Income Credit (EIC). Affected Employees Employees eligible to receive advance Earned Income Credit payments for 2003. … eligible for advance payment of Earned Income Credit to file a new W-5 "Earned Income Credit Advance" certificate …

State Agencies Bulletin No. 283

… "Earned Income Credit Advance" certificate each year. What is "Advance Earned Income Credit"? The federal government … in your agency currently claiming Earned Income Credit is available in Reveal. This report identifies employees that … must have their federal tax records changed if a new W-5 is not filed. If you have not received a new W-5 for an …

Ordinary Death Benefit – Article 14 Benefits

… to the next highest multiple of $1,000. The salary is limited by Section 130 of the Civil Service law. The first … of this benefit is paid in the form of group term life insurance, which is currently exempt from federal income tax. …

CUNY Bulletin No. CU-709

… Purpose The purpose of this bulletin is to provide guidelines and processing procedures for the … Retroactive Rate Increases To ensure the Job Data record is updated correctly for each employee, the agency must … earnings,  excluding  overtime. When an adjustment is needed to COVID-19 overtime such as CVO,  ARC  must be …

State Agencies Bulletin No. 1619

… Bi-weekly $85.56 $67,908 Taxable Gross * 0.00126 (YTD tax deducted = YTD taxable wages * 0.00126 ** NOTE ** This … Actions OSC has created a new status field on the State Tax Data page labeled FLI (Family Leave Insurance) Status to identify employees who will have the new tax deduction taken. The FLI Status field will be set to …

Retirement Option Election Form with Partial Lump Sum Payment For Tier 1 Members Designating Multiple Beneficiaries (RS6420-A)

For NYSLRS Tier 1 members to elect a pension payment option at retirement with a partial lump sum payment and to designate multiple beneficiaries.

Divorce – Article 14 Benefits

… subject to equitable distribution. Equitable distribution is the division of marital assets between spouses after the … die or terminate membership. If you are divorced, it is especially important to review your beneficiary … or judicial separation becomes final. An exception is if the terms of a DRO specify otherwise. Beneficiary …