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Membership Milestones for Employees’ Retirement System (ERS) Members
… covered under, there are important milestones you need to know. Understanding your milestones will help you develop … For specific information about your retirement plan, go to our Find Your NYSLRS Retirement Plan Publication page … you will receive annual cost-of-living (COLA) increases when you meet eligibility requirements. (Return to Top) …
https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-membersExamples – Article 14 Benefits
… Example: A member joins at age 22 and has ten years of service credit when he or she leaves public employment. … by 50 percent of your primary Social Security benefit. … new york state and local retirement system nyslrs police and fire …
https://www.osc.ny.gov/retirement/publications/1644/examplesFund Financial Data – 2023 Financial Condition Report
… Fund financial statements provide a short-term view of finances. As such, these statements only focus … respectively. … Fund financial statements provide a shortterm view of finances …
https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-dataState Agencies Bulletin No. 1625
… pensionable overtime earnings limit for Tier 5 Employee Retirement System (ERS) and Tier 5 Teacher’s Retirement System (TRS) members for calendar year 2018 is … 2018, 2019, and 2020 have been calculated by the New York State and Local Retirement System. Affected Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1625-tier-5-pensionable-overtime-earnings-limit-calendar-year-2018-employeesWorld Trade Center Presumption – State Police Plan
… If you participated in the World Trade Center (WTC) rescue, recovery or cleanup efforts, and you …
https://www.osc.ny.gov/retirement/publications/1518/world-trade-center-presumptionEliminate Notary Requirement on Membership Application
… Program Legislative Session 2015-2016: Signed into law on July 21, 2016 as Chapter 123 of the Laws of 2016 – A.9348 … Fire Retirement System be notarized (acknowledged). Memo Bill Text Status … Eliminates the requirement that an …
https://www.osc.ny.gov/legislation/eliminate-notary-requirement-membership-applicationMember E-News Archive — 2023
… Changes in Pension Deductions Vested: Qualifying for a Retirement Benefit Give Your Retirement Savings a Boost A … DiNapoli Visit the New York State Fair COLA Information is Available for Eligible Retirees Divorce Affects Other … to Grow Keep Your Beneficiaries Current January 2023 What is a Defined Benefit Plan? Sex Identification and Your …
https://www.osc.ny.gov/retirement/publications/member-e-news-archive-2023Wyandanch Union Free School District – Budget Review (B24-7-2)
… bonds in an aggregate principal amount not to exceed $4.5 million, to liquidate the accumulated deficit in the District ’s general fund as of June 30, 2019. … District’s proposed budget includes approximately $10.9 million in health insurance appropriations; this …
https://www.osc.ny.gov/local-government/audits/school-district/2024/04/05/wyandanch-union-free-school-district-budget-review-b24-7-2Member & Retiree E-News Archive — 2025
… Retirement System member and retiree news. September 2025 Members How School Employees Earn NYSLRS Service Credit … Payments Get a Pension Income Verification Letter Online July 2025 Retirement Online Tools and Tips Look Up Your … Available in Retirement Online Tier 6 Member Contribution Rate Changes Retirees Retirement Online: The Fast, Convenient …
https://www.osc.ny.gov/retirement/publications/member-retiree-e-news-archive-2025State Agencies Bulletin No. 1883
… of the 2021 maximum salary limit for members of ORP in Tiers 1 through 5. Affected Employees Employees who are members of ORP in Tiers 1-5 are affected. Background In accordance with Section …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1883-maximum-salary-limit-optional-retirement-plan-orp-tiers-1-through-5State Agencies Bulletin No. 1978
… notify agencies of the 2022 maximum salary limit for ORP and VDC in Tier 6 plan members. Affected Employees ORP and VDC Tier 6 plan members are affected. Background In … Revenue code, providing dollar limitations on benefits and contributions under qualified retirement plans, the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1978-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedOther Bulletin No. 83
… transaction to withhold the full performance advance, OSC will update the employee’s Job Data page based on information … must enter the appropriate amount in the Pay Rate field when submitting the Pay Change on the Job Action Requests … Advance and Increment Code update if applicable when they return to the payroll. If the effective date of the return …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-83-april-2025-state-university-construction-fund-scfSelected Management and Operations Practices (2020-S-38)
To determine whether the New York Power Authority’s (NYPA) electric vehicle initiatives and programs placed the Charge NY and Charge NY 2.0 charging stations in locations where the intent of these initiatives could be achieved. We also determined whether NYPA’s EVolve NY program met its initial ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20s38.pdfContributing Toward Your Retirement – Article 14 Benefits
… by more than one participating employer, once you join the Retirement System, all salary and service earned in … contributions are reportable for federal income tax only when you withdraw or retire from the Retirement System. … for any other tax-deferred plan. *IRC Section 414(h) does not apply to PFRS member contributions made prior to …
https://www.osc.ny.gov/retirement/publications/1644/contributing-toward-your-retirementState Police Bulletin No. SP-135
… Payments may be submitted for the 2009-10 payment in Pay Period 6L/7C for paychecks dated 6/08/11 Payments may be submitted for the 2010-11 payment in Pay Period 7L/8C for paychecks dated 6/22/11 Background … who return from Military Leave or other approved leave and pass the 2009-10 fitness test may be entitled to Fitness …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-135-fitness-bonus-payment-state-fiscal-years-2009-10-and-2010-11State Agencies Bulletin No. 1714
… Purpose To provide agencies with instructions on how to update a Tier … determine the “two-year look back” salary. The query will prompt for Calendar Year – Enter 2017. The charts found in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1714-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcState Agencies Bulletin No. 1793
… Institution: January 30, 2020 Agencies must adhere to the 2019-2020 Agency Submission Schedule when updating the … Department ID for the calendar year entered. If the query results in multiple rows for an employee, the earnings from … field. Enter the employee’s Date of Membership in the “ Election Date ” field. The same election date should be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1793-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcApproved State Contracts and Payments
… initiative. $1.7 million to Sanofi Pasteur, Inc. for pediatric vaccines. Department of Homeland Security $21 … Authority. NYS Legislature - Assembly $82,500 to Rossein Associates for outside counsel related to sexual harassment … in Queens County. $3.7 million to Intercounty Paving Associates LLC for pavement preservation in Kings, Queens, …
https://www.osc.ny.gov/press/releases/2018/02/approved-state-contracts-and-paymentsOpinion 92-15
… Law, §207-c) -- Disability Benefits (payment to deputy sheriff eligible for benefits under General Municipal Law, … to both a line-of-duty injury and a pre-existing non-work related condition, section 207-c benefits must be … pursuant to Retirement and Social Security Law, §363-c does not mandate benefits under General Municipal Law, …
https://www.osc.ny.gov/legal-opinions/opinion-92-15Opinion 92-18
… discussed in the opinion. FEES -- Imposition of (solid waste generation fee); (retroactively) LANDFILL -- Town (imposition of solid waste generation fee) LOCAL LAWS -- Fees (imposition of solid waste generation fee by town) REAL PROPERTY TAXES AND …
https://www.osc.ny.gov/legal-opinions/opinion-92-18