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IRS Pension Limitation – Coordinated Plan For ERS Tier 3 and 4 Members
… for ERS Tier 3 and 4 members under Articles 14 and 15 IRS Pension Limitation …
https://www.osc.ny.gov/retirement/publications/1522/irs-pension-limitationAvailable Options – Article 14 Benefits
… or sooner, after retiring), nothing will be paid to any beneficiary. Joint Allowance — Full* This option will provide … lifetime, and is based on your birth date and that of your beneficiary. After your death, your beneficiary will receive the same monthly amount (without …
https://www.osc.ny.gov/retirement/publications/1644/available-optionsDiNapoli Releases Analysis of State Financial Plan
… the Financial Plan assumes Medicaid enrollment will peak at nearly 7.7 million in SFY 2022-23 and return to near … million in SFY 2023-24. If Medicaid enrollment declines at a slower rate than projected or fails to decline as much … additional risk. In 2019, taxpayers with incomes of at least $1 million represented 1.2% of total PIT taxpayers …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-releases-analysis-state-financial-planState Agencies Bulletin No. 793
… regarding this bulletin may be directed to the Payroll Deduction mailbox. … To inform agencies of the new DOB …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/793-date-birth-dob-requirement-new-members-tiaacref-retirement-planFiling the Resolution – Reporting Elected and Appointed Officials
… You can use Retirement Online to electronically file the information that is listed on your Resolution instead of mailing the paper form to NYSLRS. By submitting the information through Retirement … the board clerk or secretary, and it must include a raised seal and affidavit of posting. Rev. 5/22 …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/filing-resolutionState Agencies Bulletin No. 2313
… Override OSC will utilize this field in the event that system logic must be bypassed and a manual update to the new …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2313-longevity-service-payment-employees-eligible-bargaining-unitRetiring with an Outstanding Loan – Special 20- and 25-Year Plans
… with an outstanding loan, the annuity portion of your retirement benefit will be permanently reduced . You cannot … loan balance at retirement. The approximate reductions are for calendar year 2024. The amount of the reduction changes annually. Age at …
https://www.osc.ny.gov/retirement/publications/1517/retiring-outstanding-loanDiNapoli: Coronavirus Will Cause Multi-Year Hit to State Finances
… reduce Medicaid spending, in particular, if disbursements are expected to exceed projections or other developments …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-coronavirus-will-cause-multi-year-hit-state-financesOpinion 88-6
… that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Retirement Benefits … of municipality to contribute to "defined contribution pension plan") CIVIL SERVICE LAW, §§200 et seq .; MUNICIPAL HOME RULE LAW, …
https://www.osc.ny.gov/legal-opinions/opinion-88-6State Comptroller DiNapoli Releases School Audits
… for cafeteria operations while simultaneously increasing participation and sales. The audit also revealed, however, …
https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-school-auditsComptroller DiNapoli & A.G. Schneiderman Announce Sentencing of Defendants in Elaborate Multi-Million Dollar Bid-Rigging Case Involving Public Contracts
… being that he may never again serve as a New York public employee. Rivera also gave up his government pension and … such as televisions, computers, and a residential alarm system. This case and investigation were conducted as part of …
https://www.osc.ny.gov/press/releases/2016/05/comptroller-dinapoli-ag-schneiderman-announce-sentencing-defendants-elaborate-multi-million-dollarEligibility, Your Vested Benefit and Filing – Article 14 Benefits
… your benefit will be reduced by the percentages shown: 6.67 percent for each year your early retirement age exceeds … to receive your benefit. … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/eligibility-your-vested-benefit-and-filingAlternative and Out-of-Service Death Benefits – Special 20- and 25-Year Plans
… Alternative Death Benefit If you die in service after you are eligible to retire, an alternative …
https://www.osc.ny.gov/retirement/publications/1517/alternative-and-out-service-death-benefitsState Agencies Bulletin No. 1863
… differently in PayServ. Taxable travel reimbursements are subject to income and employment taxes; however, these … Tax Information Taxable Employee Expense Reimbursements are considered taxable fringe benefits. As such, they are supplemental taxable income, will be added to the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1863-year-end-procedure-taxable-employee-expense-reimbursementsState Agencies Bulletin No. 1682
… Purpose To inform agency payroll officers of the new procedure for … Background Employees who have taxable income subject to Social Security and Medicare taxes must have the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1682-current-year-social-security-andor-medicare-tax-deficiencies-and-impactDiNapoli: NYC's Fiscal Picture Improves Short Term, but Significant Risks Lie Ahead
… increasing the planned budget gap to about $8.9 billion in FY 2025 and $13.9 billion in FY 2027 (18% of city-fund revenues), even when adjusting … amid staffing challenges. Significant risks remain in the city’s financial plan, although its recent agreement …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-nycs-fiscal-picture-improves-short-term-significant-risks-lie-aheadDiNapoli: SUNY Campuses Need to Focus on Tuition Paid by Out-Of-State Graduate Students
… The State University of New York (SUNY) needs to make sure its campuses are upholding in-state residency … students receive the benefit of a lower tuition, according to an audit by Comptroller Thomas P. DiNapoli. The audit … Students can qualify for in-state tuition in several ways, but the primary path is to show proof of residence for …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-suny-campuses-need-focus-tuition-paid-out-state-graduate-studentsAccidental Disability – Article 14 Benefits
… were in active service. … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/accidental-disabilityOverview – Regional State Park Police Plan
… to 15 percent of your salary. … 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/overviewState Agencies Bulletin No. 1596
… Purpose To provide agencies with the 2017 calendar year-end procedures for taxable travel reimbursement. … Excess Personal Car Mileage (PCM) Reimbursements Excess Per Diem Payments Non-Overnight Meal Allowances Employee … Taxable Under the IRS One-Year Rule Excess PCM and Per Diem Amounts: IRS rules relating to employee business …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1596-year-end-procedure-taxable-employee-expense-reimbursements