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Limitations – En-Con Police Officers Plan
… Tier 1 If your date of membership is June 17, 1971, or later, the wages in any … period by more than 20 percent. Any amount in excess of 20 percent will be excluded from the computation of your FAS. Also, payment for up to 30 days of accumulated …
https://www.osc.ny.gov/retirement/publications/1822/limitationsOverview – En-Con Police Officers Plan
… Your pension is based on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the wages you earned during any 36 consecutive months of service when your earnings were highest. For Tier 6 …
https://www.osc.ny.gov/retirement/publications/1822/overviewAdditional Service Credit for Sick Leave (Section 341[j]) – En-Con Police Officers Plan
… Under Section 341(j) of the Retirement and Social Security Law, you may receive … For example, if you have four years and ten months of service credit and you need five years to be vested, your … benefit calculation. For example, if you have 19½ years of service credit but your pension will improve substantially …
https://www.osc.ny.gov/retirement/publications/1822/additional-service-credit-sick-leave-section-341jApplying for Previous or Military Service Credit – En-Con Police Officers Plan
… To receive credit for any type of previous or military service, send a written request (which must be received before your effective date of retirement) to our Member & Employer Services Bureau. … include as much information as you can about the period of employment for which you are seeking credit. We will …
https://www.osc.ny.gov/retirement/publications/1822/applying-previous-or-military-service-creditCreditable Service – En-Con Police Officers Plan
… EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 …
https://www.osc.ny.gov/retirement/publications/1822/creditable-serviceIf You Need Help – Governmental Accounting Standards Board
… If you have questions about GASB standards and how they apply, … consult with your accountant or an independent auditor. If you have questions about your GASB report or for help … Retirement Online Troubleshooting from the dropdown). You can also call 866-805-0990 (press 1 to access the employer …
https://www.osc.ny.gov/retirement/employers/gasb/if-you-need-helpState Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that …
https://www.osc.ny.gov/press/releases/2018/08/state-comptroller-dinapoli-releases-municipal-auditsReal Property Tax Cap Information - Glossary
… are included under the tax cap. Fees based on use of goods and services (such as water, charged by volume) are not … that year, but not more than 1.5% of that limit. (Starts in second year of limit.) Coming Fiscal Year (CFY) - The … local law (by a 60 percent vote of the governing body, or in the case of school districts, 60 percent popular vote) …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-information-glossaryOversight of Persons Convicted of Driving While Intoxicated
… Background In New York, Driving While Intoxicated (DWI) is a serious crime. If a person is convicted of DWI, the offender is subject to a range of … 1192 of the Vehicle and Traffic Law, persons sentenced for DWI on or after August 15, 2010 must install an Ignition …
https://www.osc.ny.gov/state-agencies/audits/2015/10/07/oversight-persons-convicted-driving-while-intoxicatedAnnual Wage for New Tier 6 Employees
… first three years of their membership. Retirement Online is the fastest and easiest way to enroll new employees . But … are applied to the earnings of your Tier 6 employees, it is important that you understand what types of wages should … be included in their annual wage amount. The annual wage is the projected base pay amount that a full-time employee is …
https://www.osc.ny.gov/retirement/employers/annual-wage-new-tier-6-employeesVested Retirement Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… employment before retirement age and you have five years of credited service. When you reach retirement age, you will … benefit before age 63. Your Vested Benefit The provisions of the retirement plan that you were covered by in your last … determine the vested benefit. For an explanation of your benefit, please refer to the Service Retirement …
https://www.osc.ny.gov/retirement/publications/1511/vested-retirement-benefitTier 2, 3, 5 and 6 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… years of service, not to exceed three years of salary. For example, if you die after one year of service, your … whichever was earlier. Example: Retirement at age 62 with a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − 10,800 (ordinary death …
https://www.osc.ny.gov/retirement/publications/1511/tier-2-3-5-and-6-death-benefitsOrdinary Disability (Section 362) – Basic Plan with Increased-Take-Home-Pay (ITHP)
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) … benefits . Filing You, your employer or someone authorized with your power of attorney may file your application for …
https://www.osc.ny.gov/retirement/publications/1511/ordinary-disability-section-362Borrowing Against Your Contributions – Basic Plan with Increased-Take-Home-Pay (ITHP)
… or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The … complete payment within five years from the date the loan was issued. You retire or withdraw from NYSLRS and have one …
https://www.osc.ny.gov/retirement/publications/1511/borrowing-against-your-contributionsEnding Your Membership – Basic Plan with Increased-Take-Home-Pay (ITHP)
… service and seven years have elapsed since you last worked for a participating public employer; 1 If you are not vested, … employment” means paid service as an officer or employee with an employer that participates in the New York State and … Basic Plan with Increased TakeHome Pay information for PFRS Tier 1 2 3 …
https://www.osc.ny.gov/retirement/publications/1511/ending-your-membershipState Agencies Bulletin No. 879
… To describe the process of changing bargaining units for affected titles and employees. Affected Employees Payroll Bargaining Unit Code 68 has been established for Annual and Hourly employees who are currently in … any other earnings. OSC Actions OSC has created new codes for the following new data elements: The Payroll Bargaining …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/879-new-bargaining-unit-and-establishment-new-payroll-bargaining-unit-codesDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… participating employers in ERS and PFRS, and more than 300 different retirement plan combinations. Payments based on …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemVillage of Washingtonville – Budget Review (B26-6-1)
… [read complete report – pdf] Purpose of Budget Review The purpose of our budget review was to determine whether the significant … revenue and expenditure projections in the Village of Washingtonville’s (Village’s) 2026-27 tentative budget … The purpose of our budget review was to determine whether the significant …
https://www.osc.ny.gov/local-government/audits/village/2026/01/22/village-washingtonville-budget-review-b26-6-1DiNapoli: Central New York Economy Slowly Improving
… The Central New York economy is starting to rebound from the Great Recession thanks to a … employers. “Central New York’s post-recession economy is in transition,” DiNapoli said. “Although many of the … Median household income in each of the five counties is below the state median of $58,687. However, the lower …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-central-new-york-economy-slowly-improvingState Agencies Bulletin No. 1679
… State of New York and the NYS Correctional Officers and Police Benevolent Association, Inc. provides for a uniform … Employees who have a Payroll Status of Active, Leave With Pay or Leave of Absence with an Action/Reason code of Leave of Absence/MLS (Mil Stip) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1679-2018-uniform-cleaning-and-maintenance-allowance-certain-ssu-interest