Search
State Agencies Bulletin No. 1728
… the New York Retiree Indicator Affected Employees New York State employees who are or have been a new hire, rehire, or concurrent hire and are retired from a NYS public retirement system Background At the request of the … the New York Retiree Indicator to identify retirees of a NYS public retirement system. Effective Date(s) Agencies must …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1728-new-york-retiree-indicatorDiNapoli: Georgia Woman Allegedly Stole Over $450K in NYS Pension and Social Security Payments
… State Comptroller Thomas P. DiNapoli, the U.S. Attorney for the Northern District of Georgia Ryan K. Buchanan and the Inspector General for the Social … to justice and we will seek full restitution. I thank U.S. Attorney Buchanan and the Social Security Administration …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-georgia-woman-allegedly-stole-over-450k-nys-pension-and-social-security-paymentsApplying for Benefits – New Career Plan for ERS Tier 2 Members
… … New Career Plan information for ERS Tier 2 members covered by Sections 75h and 75i Applying for …
https://www.osc.ny.gov/retirement/publications/1509/applying-benefitsApplying for Benefits – Coordinated Plan For ERS Tier 3 and 4 Members
… … Coordinated Plan information for ERS Tier 3 and 4 members under Articles 14 and 15 Applying for Benefits …
https://www.osc.ny.gov/retirement/publications/1522/applying-benefitsCalculating the Maximum Amount Eligible for Amortization or the Graded Payment – Contribution Stabilization Program
… year. Then, the Actuary: Determines the employer’s normal contribution Subtracts the value of Group Term Life Insurance … graded rate. Determines the maximum amortization amount Subtracts the employer’s graded contribution from the … graded contribution. Example of a Graded Payment Calculation for an ERS Employer (for Fiscal Year End 2024) …
https://www.osc.ny.gov/retirement/employers/csp/calculating-maximum-amount-eligible-amortization-or-graded-paymentState Agencies Bulletin No. 1745
… employees who are enrolled in the New York State Employees Retirement System (ERS) (Retirement Plan 7Y) and the New York State Police and Fire … . Update the General Deductions page in PayServ for loans and arrears. Refund overpayments of employee …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1745-payserv-updates-resulting-new-york-state-and-local-retirement-systemOrdinary Death Benefit – Regional State Park Police Plan
… beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if you meet eligibility … pension benefit. The first $50,000 of this benefit is paid in the form of group term life insurance, which is currently …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitSocial Security – Federal Funding and New York
… Security Benefits Paid: New York, CY 2014 – CY 2023 Source (both figures): Social Security Administration, Annual … at https://www.ssa.gov/policy/docs/statcomps/supplement/2024/index.html . Social Security: New York and Counties, … status, benefits in thousands of dollars) Source: Social Security Administration, Master Beneficiary …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/social-securityDepartment of Transportation Bulletin No. DOT-22
… Employees Employees of the Department of Transportation in the Operational Services Unit – BU03 who meet the … end of the season. Effective Date(s) Payment will be made in a separate check dated 06/05/13. There is no direct deposit for this payment Eligibility Criteria In recognition of the necessity for employees of the Office …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/transportation/dot-22-2013-call-out-response-payment-fiscal-year-2012-2013Department of Transportation Bulletin No. DOT-24
… Employees Employees of the Department of Transportation in the Operational Services Unit – BU03 who meet the … end of the season. Effective Date(s) Payment will be made in a separate check dated 06/04/14. There is no direct deposit for this payment. Eligibility Criteria In recognition of the necessity for employees of the Office …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/transportation/dot-24-2014-call-out-response-payment-fiscal-year-2013-2014Department of Transportation Bulletin No. DOT-26
… be made in a separate check dated 06/03/15. There is no direct deposit for this payment. Eligibility Criteria In … amount paid will appear on the employee’s paycheck stub or direct deposit advice. This payment will be made in a … will be issued with the employee’s regular paycheck or direct deposit advice based on information for that check …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/transportation/dot-26-2015-call-out-response-payment-fiscal-year-2014-2015Department of Transportation Bulletin No. DOT-28
… be made in a separate check dated 06/15/16. There is no direct deposit for this payment. Eligibility Criteria In … amount paid will appear on the employee’s paycheck stub or direct deposit advice. This payment will be made in a … will be issued with the employee’s regular paycheck or direct deposit advice based on information for that check …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/transportation/dot-28-2016-call-out-response-payment-fiscal-year-2015-2016Divorce – Article 14 Benefits
… Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific direction … However, it does not allow for a distribution of your pension until you actually retire, die or terminate … divorce, consult your attorney, contact our Matrimonial Bureau or read our guide to Domestic Relations Orders and …
https://www.osc.ny.gov/retirement/publications/1644/divorceFinal Average Salary – Article 14 Benefits
… on your years of credited service and your final average salary (FAS). FAS is the average of the wages you earned … In some cases, certain restrictions may apply. Regular salary; Overtime earned in the FAS period; Holiday pay; …
https://www.osc.ny.gov/retirement/publications/1644/final-average-salaryMember Contributions
… the upcoming state fiscal year are available in Retirement Online . To view contribution rates for State Fiscal Year … their earnings, your employee will owe arrears and need to pay deficient contributions plus interest which accrues monthly on unpaid …
https://www.osc.ny.gov/retirement/employers/member-contributionsState Agencies Bulletin No. 2300
… The purpose of this bulletin is to notify agencies of the 2025 maximum salary limit for ORP and VDC plan members. … the Internal Revenue code, providing dollar limitations on benefits and contributions under qualified retirement plans, … and 408 (k) (6) (D) (ii) will increase to $350,000 for the 2025 calendar year. Effective Dates: Effective beginning …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2300-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntaryCost-of-Living Adjustment – En-Con Police Officers Plan
… including age and number of years retired, your retirement benefit will permanently increase each year. This … (COLAs) when you are: Age 62 or older and retired for five or more years; Age 55 or older and retired for ten or more years; or Receiving a disability pension for …
https://www.osc.ny.gov/retirement/publications/1822/cost-living-adjustmentState Agencies Bulletin No. 1961
… for the applicable, independent scenarios on behalf of NYS employees: Type of NYS Plan Eligible to Join Elects to Contribute Retirement … the Department ID, employee name, and the complete NYS EMPLID number of all employees for whom OSC should …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1961-retirement-plan-checkbox-form-w-2-wage-and-tax-statement-tax-year-2021NYS Common Retirement Fund Reports Second Quarter Results
The New York State Common Retirement Funds Fund estimated return in the second quarter of the State Fiscal Year 20182019 was 347 percent for the threemonth period ending September 30 2018 with an estimated value of $2132 billion according to New York State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Atlanta, Ga Resident in Pension Fraud Case
… of her death. Instead, Cook routinely accessed the pension funds deposited into a joint account he had held with his …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-atlanta-ga-resident-pension-fraud-case