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Calculating the Maximum Amount Eligible for Amortization or the Graded Payment – Contribution Stabilization Program
… the Retirement System’s Actuary determines the System average and graded rates . Graded rates are calculated based on a System average rate that does not include employer Group Term Life Insurance …
https://www.osc.ny.gov/retirement/employers/csp/calculating-maximum-amount-eligible-amortization-or-graded-paymentNYS Common Retirement Fund Reports Second Quarter Results
… had a strong first half year, assisted by a surging stock market," DiNapoli said. "However, we remain focused on recent … fund is prudently diversified to smooth out the stock market rollercoaster, and maximize sustainable investment … public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly requested …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsClimate Change 2023
Office of the New York State Comptroller, Climate Change Report
https://www.osc.ny.gov/files/local-government/publications/pdf/climate-change-2023.pdfUnified Court System Bulletin No. UCS-240
… Non-Judicial Employees Bargaining Unit 86, 88, CT Background Chapter 400 of the Laws of 2014, which … and Unrepresented employees in Bargaining Units 86, 88 and CT. Per correspondence issued by the UCS Executive Director … of Contract Bonus Payment (Bargaining Units 86, 87, 88, CT) will be paid in Administration Pay Period 26L, paychecks …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-240-2017-unified-court-system-csea-end-contract-bonus-paymentDiNapoli: NYC Department of Education is Not Doing Enough to Prepare Students for Higher Education
… The NYC Department of Education (DOE) needs to step up its efforts to prepare students for their next steps after high school, according to an audit released today by … The NYC Department of Education DOE needs to step up its efforts to prepare students for their next …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-department-education-not-doing-enough-prepare-students-higher-educationSUNY Bulletin No. SU-367
… Purpose: The purpose of this bulletin is to provide instructions to agencies for processing the 2024 UUP Discretionary Increases. Affected … The purpose of this bulletin is to provide instructions to agencies for processing the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-367-2024-discretionary-increases-professional-servicesMedicaid Program – Administrative Costs Used in Premium Rate Setting of Mainstream Managed Care Organizations
… the administrative costs in determining MCO premium rates. Our audit covered the period January 1, 2011 through … The Department sets the monthly managed care premium rates, which are based, in part, on allowable MCO … a result, the Department is not fully realizing the annual savings that should occur as a result of the policy change …
https://www.osc.ny.gov/state-agencies/audits/2017/09/13/medicaid-program-administrative-costs-used-premium-rate-setting-mainstream-managed-careState Agencies Bulletin No. 1314
… systems actions and agency responsibility regarding Tier 6 contribution rates. Affected Employees Employees enrolled in … in April 2014, the legislation requires the employee contribution rate to be based on the employee’s annual wage. The employee contribution rates are: Wages Contribution Rate $45,000 or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1314-tier-6-retirement-contribution-rate-changesApplying for Reclassification – World Trade Center Presumption
… To apply for a reclassification of your service or disability retirement benefit to an accidental disability retirement benefit, you must: … Accidental Disability Presumption (RS6047-W) and send it to the Retirement System. If you have not already done so, … Information about laws that may apply to those who participated in World Trade Center rescue …
https://www.osc.ny.gov/retirement/publications/world-trade-center/applying-reclassificationDiNapoli: Technology Changing How Local Governments Serve Residents
… Local governments across New York state are turning to new technologies to save money, communicate with residents and allow taxpayers to make payments, according to a report released today by … Local governments across New York state are turning to new technologies to save money communicate with residents …
https://www.osc.ny.gov/press/releases/2019/09/dinapoli-technology-changing-how-local-governments-serve-residentsState Agencies Bulletin No. 1448
… Purpose To inform agencies of OSC’s annual record update process and … entry instructions for entering SRA and TDA deductions to ensure compliance with contribution limits. Background … To inform agencies of OSCs annual record update process and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1448-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaSUNY Bulletin No. SU-139
… Purpose To explain OSC and agency procedures for the use of the leap year salary calculation. Affected … To explain OSC and agency procedures for the use of the leap year salary calculation …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-139-leap-year-salary-calculation-fiscal-year-2007-2008-sunySUNY Bulletin No. SU-151
… Purpose To explain OSC and agency procedures for the use of the non-leap year salary calculation. Affected … To explain OSC and agency procedures for the use of the nonleap year salary calculation …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-151-non-leap-year-salary-calculation-fiscal-year-2008-2009SUNY Bulletin No. SU-59
… Purpose To notify campuses of the new processing procedures for … This change in procedure will enable agencies and OSC to determine if an employee who works in more than one agency … status (total of all jobs is less than, or equal to, 100% full time employment) or is performing extra service …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-59-suny-part-time-employees-paid-bi-weekly-basisState Agencies Bulletin No. 2172
… for Members who meet the following criteria and who do not appear on any of the exception listings: Members who … Status of Active or Leave With Pay on 12/22/2022 and who do not have a status change or change in salary through … of Active or Leave With Pay on or after 12/22/2022 and who do not have a status change or change in salary through …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2172-2023-year-end-adjustment-members-nys-legislatureState Agencies Bulletin No. 2081
… is to inform the New York State Senate and New York State Assembly payroll offices of OSC’s automatic processing of the 2022 Year End Adjustments for Members of the NYS Legislature, and to provide instructions for reporting … is to inform the New York State Senate and New York State Assembly payroll offices of OSCs automatic processing of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2081-2022-year-end-adjustment-members-nys-legislatureNYS Common Retirement Fund Reports Second Quarter Results
… clearly fragile in this volatile financial climate. Wall Street continued to exceed expectations in the quarter, but Main Street is suffering. Our economy needs additional federal …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsState Agencies Bulletin No. 1528
… Plan check box in Box 13 of Form W-2 must be checked for most employees and left unchecked for others. Affected Employees Employees receiving a 2016 … Background Internal Revenue Service (IRS) Instructions for Form W-2 require that the Retirement Plan check box in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1528-retirement-plan-checkbox-form-w-2-wage-and-tax-statement-calendar-yearUnified Court System Bulletin No. UCS-319
… Purpose: The purpose of this bulletin is to explain OSC’s automatic processing of the April 2022 Unified Court System (UCS) Retroactive … the 2022 SLED Payment are affected. Background: Chapter 1 of the Laws of 2023, which implements the 2021-2026 … The purpose of this bulletin is to explain OSCs automatic processing of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-319-retroactive-april-2022-ucs-sled-payment-increaseContributing Toward Your Retirement – Regional State Park Police Plan
… requiring the employer to offer a non-contributory plan that was in effect on January 9, 2010, and is still in … requiring the employer to offer a non-contributory plan that was in effect on January 9, 2010, and is still in … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered …
https://www.osc.ny.gov/retirement/publications/1867/contributing-toward-your-retirement