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Tier Status – New Career Plan
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July 31, 1973 through June 30, 2009 Tier 3 July 1, … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375h and …
https://www.osc.ny.gov/retirement/publications/1515/tier-statusA Message From Comptroller Thomas P. DiNapoli – Forest Rangers Plan
… Benefits you will receive at retirement if you meet the service and age requirements (service retirement benefits); Benefits you may receive if you … benefits); Benefits your beneficiary may receive if you die while working for a public employer or, if eligible, …
https://www.osc.ny.gov/retirement/publications/1864/message-comptroller-thomas-p-dinapoliSpecial Accidental Death Benefit – State University Police Plan
… Eligibility If you die under circumstances that permit payment of the accidental death benefit, a special accidental death … will be paid to your children who are under the age of 18 or, if they are students, until the age of 23. The …
https://www.osc.ny.gov/retirement/publications/1823/special-accidental-death-benefitBorrowing Against Your Contributions – State University Police Plan
… If you meet eligibility requirements, you may take a loan from NYSLRS. Tier 1 and 2 Members The … rules apply when borrowing against your contributions: You must be in active service and have one year of member …
https://www.osc.ny.gov/retirement/publications/1823/borrowing-against-your-contributionsFull- and Part-Time Service Credit – Forest Rangers Plan
… wage × 2,000) Employers report days worked and salary to us. …
https://www.osc.ny.gov/retirement/publications/1864/full-and-part-time-service-creditLimitations – State University Police Plan
… of overtime that can be included in your FAS is limited to 15 percent of your salary in any given year. Tier 6 If the earnings in any year included in the FAS period … (please refer to our Overtime and Earnings Limits for Tier 6 page for more information). Also excluded are earnings from …
https://www.osc.ny.gov/retirement/publications/1823/limitationsOverview – State University Police Plan
… and 6 members covered by Section 383d Final Average Salary Overview …
https://www.osc.ny.gov/retirement/publications/1823/overviewContributing Toward Your Retirement – State University Police Plan
… are required to contribute 3 percent of your reportable earnings toward your retirement benefits until you retire or … applying your contribution rate to your current reportable earnings. These mandatory contributions are not annuity …
https://www.osc.ny.gov/retirement/publications/1823/contributing-toward-your-retirementWorld Trade Center Presumption – State University Police Plan
… disability retirement benefit if you become permanently disabled and unable to perform your job due to a qualifying …
https://www.osc.ny.gov/retirement/publications/1823/world-trade-center-presumptionPartial Lump Sum Payment – State University Police Plan
… receive a reduced lifetime retirement benefit in exchange for a one-time lump sum payment. The lump sum payment is made when your … been eligible to retire with a service retirement benefit for at least one year prior to your date of retirement; and … State University Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383d …
https://www.osc.ny.gov/retirement/publications/1823/partial-lump-sum-paymentState Agencies Bulletin No. 1566
… increase to $270,000 for the 2017 plan year, which is the calendar year for TIAA Tier 6 participants. Affected … Date Institution and Administration Paychecks for the calendar year 2017 Eligibility Criteria Members of TIAA, … PayServ to reflect the Maximum Salary Limit for 2017 Calendar Year. PayServ will automatically stop Tier 6 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1566-maximum-salary-limit-teachers-insurance-and-annuity-tiaa-retirementState Police Bulletin No. SP-74
… To notify agencies that Deduction Code 308, Equitable Life Insurance Program, is no longer valid for new deductions. … a new deduction for Deduction Code 308, Equitable Life Insurance Program Effective Date Immediately Background The … Association has advised OSC that the Equitable Life Insurance Company is no longer a union-sponsored vendor. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-74-deduction-code-308-equitable-life-insurance-programCUNY Bulletin No. CU-564
… CUNY employees who participate in the HCFSA Background The IRS announced the maximum annual deduction amount for Health Care Flex Spending (deduction code 445) has been increased from $2550.00 to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-564-2017-increase-maximum-annual-amount-cuny-health-care-flexCUNY Bulletin No. CU-595
… Purpose To provide agencies instructions for processing the CUNY Start Lead Instructor Differential through the Additional Pay page. Affected Employees CUNY employees in the CUNY Start … with the Memorandum of Agreement between CUNY and the PSC for the Term of 10/20/2010 – 11/30/2017 and the CLIP Start …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-595-cuny-start-lead-instructor-differentialState Agencies Bulletin No. 1479
… fiscal year based on the Consumer Price Index on December 31st of previous year. Affected Employees Employees who are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1479-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2016-employeesState Agencies Bulletin No. 1620
… earnings limit for Tier 6 Employee Retirement System (ERS) members. Background The maximum amount of overtime that … the New York State and Local Employees' Retirement System (ERS) will now be calculated based on the calendar year as a … Affected Employees Employees who are Tier 6 members of ERS Plan Type 7Y Effective Dates Institution Paychecks dated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1620-tier-6-pensionable-overtime-earnings-limit-calendar-year-2018-employeesState Agencies Bulletin No. 1626
… Purpose To notify agencies of an automatic Dues and Agency Shop Fee Increase for certain employees represented by CSEA. … the biweekly deduction for Dues (Code 201) and Agency Shop Fee (Code 212) based on the annual salary amounts as … above exclude additional salary factors. Dues and Agency Shop Fee amounts for employees who receive an increase to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1626-civil-service-employees-association-csea-local-1000-dues-and-agencyCUNY Bulletin No. CU-388
… Purpose To notify CUNY agencies of the modified eligibility for Deduction Code 300, MetLife Whole Life Insurance program. … notifies CUNY agencies of the modified eligibility for Deduction Code 300 MetLife Whole Life Insurance program …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-388-change-eligibility-metlife-whole-life-insurance-programState Agencies Bulletin No. 1447
… To notify agencies of an automatic Dues and Agency Shop Fee increase for certain employees represented by CSEA. … the biweekly deduction for Dues (Code 201) and Agency Shop Fee (Code 212) based on the annual salary amounts as follows: … exclude additional salary factors. Dues and Agency Shop Fee amounts for part-time, annual salaried employees are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1447-civil-service-employees-association-csea-local-1000-dues-and-agencyEnding Your Membership – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 1 Members
… NonContributory Plan with Guaranteed Benefits information for ERS Tier 1 members under Sections 75d and 75e Ending Your Membership …
https://www.osc.ny.gov/retirement/publications/1502/ending-your-membership