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State Police Bulletin No. SP-36
… Fine 416 Copeland Deferred Compensation 425 Repay State Loans / Debt 426 Higher Ed Repay State Loan 500 Medicare Deficiency 501 Social Security … the general deduction panel and also verify the employee’s retirement data on the retirement panel. OSC is not making …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-36-cancellation-general-deductions-certain-employees-who-are-inactive-orAre You Vested? And What It Means
… you meet the minimum age requirements established by your retirement plan. Vesting is automatic; you do not have to … requirement change affects members of both the Employees’ Retirement System (ERS) and the Police and Fire Retirement …
https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-meansState Contract and Payment Actions in March
… In March, the Office of the State Comptroller approved 1,696 contracts for state agencies … Park in New York County. State University Construction Fund $6.1 million with Streeter Associates Inc. to renovate … Inc. to construct and equip a new greenhouse in Oneida, NY. $1.6 million to the Rochester Institute of Technology for …
https://www.osc.ny.gov/press/releases/2021/04/state-contract-and-payment-actions-marchEnvironmental, Social & Governance Principles and Proxy Voting Guidelines - 2024
The New York State Common Retirement Fund is one of the largest public pension funds in the nation with invested assets valued at $249.5 billion in assets (as of March 31, 2023) held in trust for the more than one million members and beneficiaries of the New York State and Local Retirement System.
https://www.osc.ny.gov/files/common-retirement-fund/corporate-governance/pdf/proxy-voting-guidelines-2024.pdfStay Informed – Article 14 Benefits
… Your retirement benefits are an important part of a solid … you and your beneficiaries achieve financial security in retirement or in the event of disability or death. Use these … understand your benefits and stay informed. Register for Retirement Online , a convenient and secure way to review …
https://www.osc.ny.gov/retirement/publications/1644/stay-informedState Agencies Bulletin No. 1627
… with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the VDC two-year look back Affected Employees New York State employees who joined the workforce on or after July 1, … creating Tier 6. This tier applies to employees joining a retirement system after March 31, 2012. This Legislation …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1627-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcState Agencies Bulletin No. 1539
… with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the VDC two-year look back. Affected Employees New York State employees who joined the workforce on or after July 1, … creating Tier 6. This tier applies to employees joining a retirement system after March 31, 2012. This Legislation …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1539-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcState Agencies Bulletin No. 1276
… 01/15/14 but will not receive a paycheck dated 12/31/13. Retirement and Deduction Information There will be no … for general deductions (e.g., union dues, garnishments, retirement contributions, etc.). These deductions will resume … by OGS. Employees will have met the maximum annual retirement service credit of 260 days with the 26th paycheck. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1276-impact-27-pay-periods-calendar-year-2013-nys-legislative-membersState Agencies Bulletin No. 2279
… but will not receive a paycheck dated 12/31/2024. Retirement and Deduction Information: There will be no … for general deductions (e.g., union dues, garnishments, retirement contributions, etc.). These deductions will resume … by OGS. Employees will have met the maximum annual retirement service credit of 260 days with the 26th paycheck. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2279-impact-27-pay-periods-calendar-year-2024-nys-legislative-membersLife Changes: What If I Work after Retirement?
Thinking of returning to work? Earnings of NYSLRS retirees are regulated by the New York State Retirement and Social Security Law (RSSL).
https://www.osc.ny.gov/files/retirement/publications/pdf/1648-working-after-retirement.pdfContributing Toward Your Retirement – En-Con Police Officers Plan
… benefits, you are not required to contribute toward your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These contributions, plus the interest … 3 percent of your reportable earnings toward your retirement benefits until you retire or have 32 years of …
https://www.osc.ny.gov/retirement/publications/1822/contributing-toward-your-retirementWhat Not to Report – Legacy Reporting
… taxable by the IRS constitute salary as defined by the Retirement and Social Security Law. The following payments … made for unused sick leave Termination payments New York State Disability Insurance payments Payment for unused … Section 125 of the Internal Revenue Code. The New York State laws regarding Cafeteria Plan Salary Reductions are as …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-not-reportState Agencies Bulletin No. 1566
… limitations on benefits and contributions under qualified retirement plans, the annual compensation limit under Section … calendar year 2017 Eligibility Criteria Members of TIAA, Retirement Plan 7Z in the following benefit plans: T6S030, … regarding this bulletin may be directed to Payroll Retirement mailbox. … To notify agencies of the 2017 maximum …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1566-maximum-salary-limit-teachers-insurance-and-annuity-tiaa-retirementState Agencies Bulletin No. 1622
… contribution limits for employees enrolled in the New York State Deferred Compensation Plan for calendar year 2018. The … limit of $24,500 in 2018. The Deferred Compensation “Retirement Catch-Up” provision, available to employees in … Affected Employees Employees enrolled in the New York State Deferred Compensation Plan Effective Date(s) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1622-deferred-compensation-maximum-contribution-limits-calendar-year-2018State Agencies Bulletin No. 1113
… from $16,500 to $17,000. The Deferred Compensation “Retirement Catch-Up” provision, available to employees in each of the last three years prior to normal retirement age, has been increased to $17,000, for a combined … 2012. However, employees cannot choose to have both the “Retirement Catch-Up” and the “50 and Over Catch-Up” …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1113-deferred-compensation-maximum-contribution-limits-calendar-year-2012State Agencies Bulletin No. 1368
… from $17,500 to $18,000. The Deferred Compensation “Retirement Catch-Up” provision, available to employees in each of the last three years prior to normal retirement age, has been increased to $18,000, for a combined … 2015. However, employees cannot choose to have both the “Retirement Catch-Up” and the “50 and Over Catch-Up” …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1368-deferred-compensation-maximum-contribution-limits-calendar-year-2015State Agencies Bulletin No. 1216
… from $17,000 to $17,500. The Deferred Compensation “Retirement Catch-Up” provision, available to employees in each of the last three years prior to normal retirement age, has been increased to $17,500, for a combined … 2013. However, employees cannot choose to have both the “Retirement Catch-Up” and the “50 and Over Catch-Up” …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1216-deferred-compensation-maximum-contribution-limits-calendar-year-2013State Agencies Bulletin No. 772
… will remain at $15,500. The Deferred Compensation “Retirement Catch-Up” provision, available to employees in each of the last three years prior to normal retirement age, will remain at $15,500, for a combined … 2008. However, employees cannot choose to have both the “Retirement Catch-Up” and the “50 and Over Catch-Up” …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/772-maximum-deferred-compensation-contribution-limits-calendar-year-2008State Agencies Bulletin No. 1291
… remains at $17,500. The Deferred Compensation “Retirement Catch-Up” provision, available to employees in each of the last three years prior to normal retirement age, remains at $17,500, for a combined maximum … 2014. However, employees cannot choose to have both the “Retirement Catch-Up” and the “50 and Over Catch-Up” …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1291-deferred-compensation-maximum-contribution-limits-calendar-year-2014State Agencies Bulletin No. 525
… from $13,000 to $14,000. The Deferred Compensation "Retirement Catch Up" provision, available to employees in each of the last three years prior to normal retirement age, has been increased to $14,000, for a combined … percentages and deductions may contact the New York State Deferred Compensation Plan's HELPLINE at (800) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/525-changes-maximum-year-date-deferred-compensation-deductions-calendar-year