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Loans – Divorce and Your Benefits
… taking into consideration the member’s age at retirement and whether they retired under a service or disability …
https://www.osc.ny.gov/retirement/members/divorce/loansNY State Comptroller DiNapoli: Social Media Firms Must Demonstrate They Can Protect Users
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today … view into the scale of abuses on the platform and how the company is managing them over time. Otherwise we are gambling investor value on apologies and promises to do better," said Natasha Lamb, managing partner, Arjuna …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-social-media-firms-must-demonstrate-they-can-protect-usersDiNapoli Proposes Reforms to Bolster State's Rainy Day Reserves
… held just over $2 billion at the end of the last fiscal year, a little more than a third of their authorized levels. … of General Fund spending, at 2.8 percent in state fiscal year (SFY) 2018-19, are well under the national median of 7.5 … emergency. More recently, in state fiscal years SFY 2015-16 through 2017-18 when revenues were growing and the state …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-proposes-reforms-bolster-states-rainy-day-reservesTier 2, 3, 5 and 6 Death Benefits – Career Plan
… be paid the greater of the two death benefits; if you die after retirement, and meet the eligibility criteria, your … 130 of the Civil Service Law. If you are in service at age 61, your death benefit will be reduced by 3 percent and … a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − 10,800 (ordinary death benefit at …
https://www.osc.ny.gov/retirement/publications/1642/tier-2-3-5-and-6-death-benefitsTier 2, 3, 5 and 6 Death Benefits – New Career Plan
… the greater of the two death benefits; if you die after retirement, and meet the eligibility criteria, your … years of service, not to exceed three years of salary. For example, if you die after one year of service, your … with a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − 10,800 (ordinary death benefit at …
https://www.osc.ny.gov/retirement/publications/1515/tier-2-3-5-and-6-death-benefitsTier 2, 3, 5 and 6 Death Benefits – Non-Contributory Plan with Guaranteed Benefits
… the greater of the two death benefits; if you die after retirement, and meet the eligibility criteria, your … years of service, not to exceed three years of salary. For example, if you die after one year of service, your … with a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − 10,800 (ordinary death benefit at …
https://www.osc.ny.gov/retirement/publications/1513/tier-2-3-5-and-6-death-benefitsTier 2, 3, 5 and 6 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… be paid the greater of the two death benefits; if you die after retirement, and meet the eligibility criteria, your … 130 of the Civil Service Law. If you are in service at age 61, your death benefit will be reduced by 3 percent and … a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − 10,800 (ordinary death benefit at …
https://www.osc.ny.gov/retirement/publications/1511/tier-2-3-5-and-6-death-benefitsTier 2, 3, 5 and 6 Death Benefits – Police and Fire Plan
… be paid the greater of the two death benefits; if you die after retirement, and meet the eligibility criteria, your … 130 of the Civil Service Law. If you are in service at age 61, your death benefit will be reduced by 3 percent and … a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − 10,800 (ordinary death benefit at …
https://www.osc.ny.gov/retirement/publications/1512/tier-2-3-5-and-6-death-benefitsDiNapoli Tracks NYC Agency Performance, Recommends Greater Transparency
… insight and context to 144 unique services and 238 service goals established by agencies. “My office developed a … being made with city services.” Key Highlights: Staffing Has Not Rebounded at Many Agencies New York City’s public workforce stood at …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-tracks-nyc-agency-performance-recommends-greater-transparencyEligibility, the Benefit and Filing – New Career Plan
… Tier 2 and 3 Members: You must have at least five years of service credit after July 1, 1973. You are eligible to … Tier 5 and 6 Members: You must have at least five years of service credit. You are eligible to retire with full … a reduced benefit between ages 55 and 62. 1 Regardless of tier, if you work for an employer that offers a special …
https://www.osc.ny.gov/retirement/publications/1515/eligibility-benefit-and-filingState Contract and Payment Actions in November
… contractors. Cumulatively through November for calendar year 2019, the Comptroller’s office has approved 17,682 …
https://www.osc.ny.gov/press/releases/2019/12/state-contract-and-payment-actions-novemberAbout Benefit Reductions
… for Early Retirement Members in regular retirement plans can retire with full benefits at the age specified by their plan, or choose to retire as early as age 55 with a reduction for early retirement.* *Tier 1 members can retire … members who retire between 55 and 62 with 30 or more years of service credit. Tier 5 Uniformed Court Officers and Peace …
https://www.osc.ny.gov/retirement/members/about-benefit-reductionsService Retirement Benefit – En-Con Police Officers Plan
… You may retire at any age after completing 25 years of En-Con police service, or you may qualify for a service … as an En-Con police officer. The Benefit With 25 years of creditable service, your benefit will equal 1/50th (2 percent) of your FAS for each year of En-Con police service. For each …
https://www.osc.ny.gov/retirement/publications/1822/service-retirement-benefitEligibility, the Benefit and Filing – Career Plan
… with a reduced benefit between ages 55 and 62. 1 For all tiers, if you recently changed employers, you may be … the benefits of this plan. Regardless of tier, if you work for an employer that offers a special plan (that allows … (RS6037) must be on file with the Office of the State Comptroller at least 15 days, but not more than 90 …
https://www.osc.ny.gov/retirement/publications/1642/eligibility-benefit-and-filingMTA-NYC Transit Medical Assessment Centers
… performed medical examinations for NYC Transit and MTA Bus employees in an economical manner. The audit covered the … at MTA Bus are subject to Article 19-A of the New York State Vehicle and Traffic Law which requires that bus drivers … as $86.28 at a depot that paid for three hours at regular pay. We determined that employees were not always assigned to …
https://www.osc.ny.gov/state-agencies/audits/2014/11/10/mta-nyc-transit-medical-assessment-centersState Agencies Bulletin No. 2006
… parties. The overtime factor used by the New York State Payroll System (PayServ) for affected employees at DOCCS who … for overtime payments that cannot be calculated by the NYS Payroll System. Agency Actions: Beginning in Institution and … Questions regarding this bulletin may be directed to the Payroll Earnings mailbox. Questions regarding general …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2006-pilot-program-establishing-temporary-overtime-rate-employees-certainState Agencies Bulletin No. 2005
… employment and income taxes. Federal, State, and New York City income tax withholding will be calculated using the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2005-pilot-program-establishing-temporary-overtime-rate-employees-certainState Agencies Bulletin No. 2004
… were not included in the 01/13/2022 MOA as outlined in Payroll Bulletin No. 1999. The new overtime rate shall apply … parties. The overtime factor used by the New York State Payroll System (PayServ) for affected employees at DOCCS who … for overtime payments that cannot be calculated by the NYS Payroll System. Agency Actions Beginning in Institution or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2004-pilot-program-establishing-temporary-overtime-rate-overtime-eligibleState Agencies Bulletin No. 1999
… in certain titles represented by PEF or CSEA working at DOCCS. Affected Employees Employees in certain … and Technical Services Unit (BU05) titles who work at DOCCS are affected. Background The Memorandum of Agreement … applies to all overtime earned during shifts that begin at or after 11:00 pm on 01/12/2022 and at or before 10:59 pm …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1999-pilot-program-establishing-temporary-overtime-rate-employees-certainDiNapoli: NYC Health + Hospitals Struggles With Temporary Staffing Costs
… pre-existing staffing pressures, particularly a shortage of staff nurses, in NYC Health + Hospitals (H+H) facilities, leading to an … to about $3,300 per week in March 2022. New York City has historically provided financial support to H+H. It funds …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-nyc-health-hospitals-struggles-temporary-staffing-costs