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Opinion 2000-4
… cash payments of $400 per month for 120 months. You ask, in light of the provisions of section 201(4) of the … of the Retirement and Social Security Law, concerning the re-employment of retirees, defines "retired person" as "a … , supra , as discussed herein. … Whether a school district can establish a termination pay program designed to provide …
https://www.osc.ny.gov/legal-opinions/opinion-2000-4Military Service Credit
Military veterans and active service members may be eligible to receive additional service credit toward their NYSLRS retirement benefits.
https://www.osc.ny.gov/files/retirement/publications/pdf/1723-military-service-credit.pdfState Support for New York’s Veterans, November 2015
New York State offers a variety of programs, services and benefits for the nearly 900,000 veterans living in the State.
https://www.osc.ny.gov/files/reports/special-topics/pdf/veterans-2015.pdfOverview – Special 20- and 25-Year Plans
… they will not be included in your FAE calculation: Unused vacation; Unused sick leave; Payments made as a result of working your vacation; Any form of termination pay; Payments made in …
https://www.osc.ny.gov/retirement/publications/1517/final-average-earnings/overviewIntroduction to IT Governance – Information Technology Governance
… amount of resources into their information technology (IT) systems including, but not limited to, costs for computers and related hardware equipment, … inappropriate and wasteful use. Protecting IT assets is especially important given the ongoing and escalating …
https://www.osc.ny.gov/local-government/publications/it-governance/introduction-it-governanceLimitations – Non-Contributory Plan with Guaranteed Benefits
… date of membership is June 17, 1971, or later, the wages in any 12-month period used in the FAS calculation cannot … excluded from the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be … is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the calculation …
https://www.osc.ny.gov/retirement/publications/1513/limitationsLimitations – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Tier 1 If your date of membership is June 17, 1971, or later, the wages in any … more than 20 percent. The amount in excess of 20 percent is excluded from the computation of your FAS. Also, payment …
https://www.osc.ny.gov/retirement/publications/1511/limitationsLimitations – Career Plan
… date of membership is June 17, 1971, or later, the wages in any 12-month period used in the FAS calculation cannot … excluded from the computation of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be … is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the calculation …
https://www.osc.ny.gov/retirement/publications/1642/limitationsLoan Payroll Deductions – Enhanced Reporting
… will provide a link to the Loan/Service Credit Purchase (SCP) Deduction page in Retirement Online, which will list the … six or fewer outstanding payments left. To access the Loan/SCP Deduction page and view loan deductions for your … button. Choose your location code. Click the “Loan/SCP Deduction Notification” link. Then, on the Loan/SCP …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/loan-payroll-deductionsState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… (PFRS). DiNapoli is also dropping the long-term assumed rate of return on investments from 7 percent to 6.8 percent, … taking the responsible action of lowering our assumed rate of return now so we can better weather market … volatility.” The estimated average employer contribution rate for ERS will remain at 14.6 percent of payroll. The …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredNY ABLE Program Helps New Yorkers With Disabilities and Their Families Cover Costs
… a new savings plan, called the New York Achieving a Better Life Experience ( NY ABLE ) program, designed to help individuals with disabilities maintain their health, independence and …
https://www.osc.ny.gov/press/releases/2017/10/ny-able-program-helps-new-yorkers-disabilities-and-their-families-cover-costsState Comptroller DiNapoli Releases Municipal Audits
… , Village of Spencer , Village of Suffern and the City of Yonkers . "In today’s fiscal climate, budget … In addition, the board does not properly monitor water loss. Town of Moreau – Budgeting and Multiyear Planning … officials need to improve their planning and monitoring of capital projects and the use of bond proceeds. Auditors found …
https://www.osc.ny.gov/press/releases/2018/04/state-comptroller-dinapoli-releases-municipal-audits-1Additional Service Credit for Unused, Unpaid Sick Leave – Special 20- and 25-Year Plans
… Unused, unpaid sick leave may be added to your credited service and used in your pension benefit calculation if your employer has chosen to offer the optional sick leave … Security Law (RSSL). To be eligible for this benefit, you must retire directly from public service or within a year …
https://www.osc.ny.gov/retirement/publications/1517/additional-service-credit-unused-unpaid-sick-leaveRecertification of the Record of Activities (RS2419)
To affirm that your previous record of activities is still representative of your hours as an elected or appointed official, NYSLRS members use form RS2419.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs2419.pdfCost-Saving Ideas: Capital and Repair Reserve Funds for Town or County Water and Sewer Districts
… When preparing your annual operating budget for a water or sewer district, consider setting aside money in a capital or … should develop a written policy that explains why money is being set aside in a reserve. It should also document the … or a specific item of equipment, such as a sewer system pump. For this type of fund, the authorization must state the …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-capital-and-repair-reserve-funds-town-or-county-water-and-sewer-districtsState Agencies Bulletin No. 1544
… employees Background A Memorandum of Understanding (MOU) between each of the parties listed above and New York … compared to the employee’s new bi-weekly State salary. If an increased amount for the Military Stipend is due or an employee now becomes eligible to receive a stipend, OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1544-2017-extension-military-and-training-leave-benefits-and-stipendsState Agencies Bulletin No. 1631
… Effective Date(s) The extension of benefits is effective 01/01/18 for all eligible employees Background A … unit’s MOU. OSC Actions OSC will review all employees who are on Military Stipend Leave on 01/01/18, with or … stipend. For any Military Leaves under this benefit that first occur after 01/01/18, the salary at the time of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1631-2018-extension-military-and-training-leave-benefits-and-stipendsState Agencies Bulletin No. 1457
… employees Background A Memorandum of Understanding (MOU) between each of the parties listed above and New York … compared to the employee’s new bi-weekly State salary. If an increased amount for the Military Stipend is due or an employee now becomes eligible to receive a stipend, OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1457-2016-extension-military-and-training-leave-benefits-and-stipendsState Agencies Bulletin No. 1712
… unit’s MOU. Effective Date(s) The extension of benefits is effective 01/01/2019 for all eligible employees OSC Actions OSC will review all employees who are on Military Stipend Leave on 01/01/2019, with or … stipend. For any Military Leaves under this benefit that first occur after 01/01/2019, the salary at the time of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1712-2019-extension-military-and-training-leave-benefits-and-stipendsHow to Obtain Your Personal Records Under the Personal Privacy Protection Law
… maintain and disseminate personal information about you. The PPPL also enables you to access and/or correct … symbol, mark, or other identifier such as an address). How to Make a Request Requests for access and corrections … correction and the new information. Finally, state how you would like to be contacted (e.g., phone, email, mail). …
https://www.osc.ny.gov/help/how-obtain-your-personal-records-under-personal-privacy-protection-law