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Maximum Reportable Days – Legacy Reporting

… basis should be credited with a maximum of five working days per week. For monthly reports consisting of four weekly payments, you would report a maximum of 20 working days. When there are five weeks in a monthly report, 25 days would then be the maximum reported. Employees paid on a …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/maximum-reportable-days

Acceptable Time and Attendance Systems – Legacy Reporting

… by the employee that full hours were worked, except for time charged to accruals for vacation and other leave time. For good internal controls, the system should also … not have supervisors.) Examples include: Hard copy (paper) time sheets, signed by the official; Electronic time sheets …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/acceptable-time-and-attendance-systems

Calculating Days Worked – Legacy Reporting

… In the simplest of terms, to calculate the number of days … of hours worked during the report period ÷ Number of hours in the SWD = Number of days worked to be reported The … personal leave, bereavement leave, holidays or time off in lieu of payment for overtime. If a member has reportable …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/calculating-days-worked

Establishing the Standard Work Day – Legacy Reporting

… establish, by board resolution or contract, the number of hours that constitute a standard work day (SWD) for each … through 6) or as many as eight. They represent the amount of time per day a full-time employee in that title would be … Retirement Online including their earnings the number of days they worked and more …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/establishing-standard-work-day

How to Report Days Worked – Legacy Reporting

… The number of days worked you report for your employees has a direct impact on their retirement benefits. We use days worked to determine service credit, which is the basis for benefit …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/how-report-days-worked

Submitting Your Payment – Legacy Reporting

… It’s the same system used by banks. Convenient. It saves time, money and paperwork without sacrificing accuracy, … to send NYSLRS your monthly payments, we withdraw exactly what is owed. If you mail NYSLRS a check or initiate an … 1 to access the employer menu). Security Forms There are two separate security forms you must submit to …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/submitting-your-payment

Lump Sum Payments – Legacy Reporting

… Tier 1 Include lump sum payments for unused vacation on the Statement of Accrued Payments and Leave Credits Form … Do not report for members with date of membership on or after 4/1/72. Not reportable Not reportable Workers’ … details. All payments listed above should be included on the Statement of Accrued Payments and Leave Credits form …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/lump-sum-payments

Service Credit Purchase Payments – Legacy Reporting

… payroll deductions. The easiest way for members to manage and make additional payments is through their Retirement … by the amount of each deduction taken. For Social Security and State and local income taxes, use the full earnings before the … including their earnings the number of days they worked and more …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/service-credit-purchase-payments

Reporting Workers' Compensation Benefits – Legacy Reporting

… can be paid to your employees in three different ways. How your employees are paid those benefits determines how you report their salary and service to us: All payments … for up to one year for each incident. Tiers 2 through 6 — Do not report salary or days worked. Part salary paid by the …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/reporting-workers-compensation-benefits

Adjustment Reports – Legacy Reporting

NYSLRS employers report information about employees through Retirement Online including their earnings the number of days they worked and more

https://www.osc.ny.gov/retirement/employers/legacy-reporting/adjustment-reports

Days Worked – Legacy Reporting

… Retirement Online including their earnings the number of days they worked and more …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/days-worked

The Monthly Report – Legacy Reporting

NYSLRS employers report information about employees through Retirement Online including their earnings the number of days they worked and more

https://www.osc.ny.gov/retirement/employers/legacy-reporting/monthly-report

Legacy Reporting – Legacy Reporting

NYSLRS employers report information about employees through Retirement Online including their earnings the number of days they worked and more

https://www.osc.ny.gov/retirement/employers/legacy-reporting

Reporting Through Retirement Online – Legacy Reporting

… Retirement Online allows you to securely report service and salary information and … loan and service credit purchase (arrears) payments for employees who are NYSLRS members. If you do not have a … more information about using Retirement Online , visit our How To Use Retirement Online page . You’ll find quick guides …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/reporting-through-retirement-online

Overtime Compensation – Legacy Reporting

… or greater; Recall overtime; and Holiday premium pay for holidays worked.* As of July 1, 2019, public safety overtime … pay; Inconvenience pay; Location pay; and Straight pay for holidays. *Not all holiday premium pay is considered …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/overtime-compensation

What to Report – Legacy Reporting

… Salary Payments for services rendered Normal salary (see the Reporting … Governor’s annual salary. For the current amount, refer to the Earnings Limits page in the enhanced reporting guide . … should be reported. Tiers 5 and 6: Only overtime up to annual limitation (see the Overtime Compensation page …

https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-report

Comparison of PFRS Benefits

… See Tier 5 Member Contributions. 3% – 6% based on annual earnings. Members contribute until retirement … See Tier 6 Member Contributions. Retirement Age Members in special plans can retire after completing their plan’s … minimum service requirement, regardless of age. Members in regular plans can retire with full benefits at 62 or with …

https://www.osc.ny.gov/retirement/employers/comparison-pfrs-benefits

Financial Reports

… Statement March 31, 2011 Financial Statement (Return to Top) Schedules of Employer Allocations and Pension Amounts … 2015 Employer Allocations and Pension Amounts (Return to Top) Actuarial Assumptions Report 2025 Actuarial Assumptions … Assumptions 2007 Actuarial Assumptions (Return to Top) Report of the Actuary — Summary of Valuation of Assets, …

https://www.osc.ny.gov/retirement/resources/financial-reports