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Available Options – Non-Contributory Plan with Guaranteed Benefits
… or sooner, after retiring), nothing will be paid to any beneficiary. Cash Refund — Contributions (Option ½) … annuity savings contributions will be paid to your beneficiary or your estate. If all of your accumulated … the balance of the initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an …
https://www.osc.ny.gov/retirement/publications/1513/available-optionsTier Status – New Career Plan
… (i.e., did not opt into Tier 5), can be covered by Article 11 or Article 14 benefits, depending on their retirement plan … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375h and 375i Tier Status …
https://www.osc.ny.gov/retirement/publications/1515/tier-statusA Message From Comptroller Thomas P. DiNapoli – Forest Rangers Plan
… 1 2 3 5 and 6 members covered by Section 383c A Message From Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/retirement/publications/1864/message-comptroller-thomas-p-dinapoliSpecial Accidental Death Benefit – State University Police Plan
… by: The accidental death benefit without reductions; and The Social Security benefit payable. The earnings used to … State University Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383d Special Accidental …
https://www.osc.ny.gov/retirement/publications/1823/special-accidental-death-benefitPerformance of Duty Disability – State University Police Plan
… on any annuity savings contributions you have made. The mandatory contributions made by Tier 5 and 6 members are not …
https://www.osc.ny.gov/retirement/publications/1823/performance-duty-disabilityBorrowing Against Your Contributions – State University Police Plan
… minus any outstanding loan balance, so you must have an account balance of at least $1,334. If you joined on or after … or $50,000 (whichever is less), so you must have an account balance of at least $2,000. Benefit Reduction … tool that gives you secure access to your retirement account information. It is the fastest, most convenient way …
https://www.osc.ny.gov/retirement/publications/1823/borrowing-against-your-contributionsLimitations – State University Police Plan
… of your FAS. Also, payment for up to 30 days of accumulated unused vacation will be included in your FAS calculation if: Your … is excluded from the computation of your FAS. Payment for accumulated vacation is not included in the calculation of …
https://www.osc.ny.gov/retirement/publications/1823/limitationsOverview – State University Police Plan
… calculation of your FAS can include, but is not limited to, the following types of payments. In some cases, certain … that can be included in your FAS calculation is limited to 15 percent of your salary. **Service rendered to private entities is not government service and payment for …
https://www.osc.ny.gov/retirement/publications/1823/overviewContributing Toward Your Retirement – State University Police Plan
… April 1 of each year. Regardless of whether you work on a full- or part-time basis, however, the amount of your …
https://www.osc.ny.gov/retirement/publications/1823/contributing-toward-your-retirementWorld Trade Center Presumption – State University Police Plan
State University Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383d World Trade Center Presumption
https://www.osc.ny.gov/retirement/publications/1823/world-trade-center-presumptionPartial Lump Sum Payment – State University Police Plan
… of your retirement benefit, as shown below. Your Single Life Allowance will be reduced by the same percentage as the … option will be calculated based on your reduced Single Life Allowance. Years You’ve Been Eligible to Retire …
https://www.osc.ny.gov/retirement/publications/1823/partial-lump-sum-paymentState Agencies Bulletin No. 1566
… Purpose To notify agencies of the 2017 maximum salary limit for members of TIAA (Plan Type 7Z) in Tier 6. Background In … Section 415 of the Internal Revenue code, which provides for dollar limitations on benefits and contributions under … (C), and 408 (k) (6) (D) (ii) will increase to $270,000 for the 2017 plan year, which is the calendar year for TIAA …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1566-maximum-salary-limit-teachers-insurance-and-annuity-tiaa-retirementCUNY Bulletin No. CU-522
… Employees CUNY employees in the following titles: Staff Nurse (Full-time) Staff Nurse (Hourly) Nurse Practitioner (Full-time only) Background The 2015 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-522-2015-city-university-new-york-cuny-nurses-health-specialtyCUNY Bulletin No. CU-477
… Employees CUNY employees in the following titles: Staff Nurse Staff Nurse (Hourly) Nurse Practitioner Background The 2013 Nurses Health …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-477-2013-city-university-new-york-cuny-nurses-health-specialtyCUNY Bulletin No. CU-460
… the Time Entry page. Affected Employees CUNY employees in the following titles: Staff Nurse Staff Nurse (Hourly) … Practitioner Effective Date(s) Payment will be made in a separate check dated 2/21/13. There is no direct deposit … Staff Nurses or Nurse Practitioners who are Active or on a Leave with Pay on 12/15/12 receive $756.57. Hourly Staff …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-460-2012-cuny-nurses-health-specialty-differentialState Police Bulletin No. SP-74
… To notify agencies that Deduction Code 308, Equitable Life Insurance Program, is no longer valid for new … to start a new deduction for Deduction Code 308, Equitable Life Insurance Program Effective Date Immediately Background … Benevolent Association has advised OSC that the Equitable Life Insurance Company is no longer a union-sponsored vendor. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-74-deduction-code-308-equitable-life-insurance-programCUNY Bulletin No. CU-499
… Employees CUNY employees in the following titles: Staff Nurse (Full-time) Staff Nurse (Hourly) Nurse Practitioner (Full-time only) Background The 2014 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-499-2014-city-university-new-york-cuny-nurses-health-specialtyCUNY Bulletin No. CU-564
… the increase in the maximum annual amount for Health Care Flex Spending Account. Affected Employees CUNY employees … announced the maximum annual deduction amount for Health Care Flex Spending (deduction code 445) has been increased … the 2017 plan year. The maximum goal amount for Dependent Care CUNY (deduction code 443) remains at $5,000.00. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-564-2017-increase-maximum-annual-amount-cuny-health-care-flexCUNY Bulletin No. CU-595
… agencies instructions for processing the CUNY Start Lead Instructor Differential through the Additional Pay page. … Staff Congress (PSC) Background The CUNY Start Lead Instructor Differential payment is made in accordance … To be eligible to receive the $5,300.00 CUNY Start Lead Instructor Differential employees must meet the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-595-cuny-start-lead-instructor-differentialState Agencies Bulletin No. 1479
… Purpose To notify agencies that the pensionable overtime earnings … dated April 14, 2016 OSC Actions OSC will update PayServ to reflect the pensionable overtime earnings limit for the 2016 fiscal year in accordance with ERS publications to $15,608. Questions Questions regarding this bulletin may …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1479-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2016-employees