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Town of Seward – Financial Management (2016M-353)
… Purpose of Audit The purpose of our audit was to evaluate the Town’s financial management … 1, 2015 through August 3, 2016. Background The Town of Seward is located in Schoharie County. The Town, which has …
https://www.osc.ny.gov/local-government/audits/town/2016/12/30/town-seward-financial-management-2016m-353College Choice Tuition Savings Program Appropriation
… appropriation for payment of services and expenses related to the administration of the College Choice Tuition Savings … appropriation for payment of services and expenses related to the administration of the College Choice Tuition Savings …
https://www.osc.ny.gov/legislation/college-choice-tuition-savings-program-appropriationState Agencies Bulletin No. 1219
… Purpose To notify agencies of the process in PS Query for renaming and designating queries to be included in the upgrade Affected Employees All PS Query …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1219-preparing-queries-payserv-upgrade-peoplesoft-v89-v91CUNY Bulletin No. CU-576
… Purpose To notify agencies of additional PSC dues and agency shop … have been deducted in paychecks dated September 1, 2016 to paychecks dated January 19, 2017. These amounts were …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-576-professional-staff-congress-psc-additional-duesState Agencies Bulletin No. 845
… Purpose To provide guidelines and procedures for determining if a … or as a template to create a worker status determination form specific to your agency’s needs. Attachment C Excerpt … your agency exercises the requisite degree of control over how the individual performs the services. In addition, there …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/845-agency-compliance-internal-revenue-service-irs-policy-regarding-workerTier 2, 3, 5 and 6 Death Benefits – New Career Plan
… the greater of the two death benefits; if you die after retirement, and meet the eligibility criteria, your beneficiary will receive the post-retirement death benefit. Members who join on or after … benefit payable. Death benefit two provides a post-retirement death benefit if you: Retire directly from …
https://www.osc.ny.gov/retirement/publications/1515/tier-2-3-5-and-6-death-benefitsEnding Your Membership – Career Plan
… If you do not have at least five years of credited service and seven years have elapsed since you last worked for a participating public employer; 1 If you are not vested, … Local Retirement System. 1 Updated 10/22 … Career Plan for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by …
https://www.osc.ny.gov/retirement/publications/1642/ending-your-membershipDivorce – En-Con Police Officers Plan
… that retirement benefits are marital property and subject to equitable distribution. “Equitable distribution” is the … marriage has ended. This division must be stated in the form of a Domestic Relations Order (DRO) if we are to pay a … to your ex-spouse. A DRO gives us specific direction on how your retirement benefits should be divided. However, it …
https://www.osc.ny.gov/retirement/publications/1822/divorceBorrowing Against Your Contributions – En-Con Police Officers Plan
… pay off your loan once you retire. The amount of your pension reduction will be based on your age, the loan balance … you determine if refinancing your current loan or carrying multiple loans would be better for you. With multiple loans , each loan has a separate five-year due date …
https://www.osc.ny.gov/retirement/publications/1822/borrowing-against-your-contributionsIRS Pension Limitation – En-Con Police Officers Plan
… Internal Revenue Code Section 401(a)(17) limits the amount of salary that qualified pension … the New York State and Local Retirement System, may use in the calculation of benefits. It affects members who first … excludes earnings over $250,000 (effective April 1, 2012) in the State’s fiscal year (April 1st – March 31st). The …
https://www.osc.ny.gov/retirement/publications/1822/irs-pension-limitationSpecial Accidental Death Benefit – En-Con Police Officers Plan
… benefit, a special accidental death benefit will be paid to your surviving spouse. If the surviving spouse receiving … accidental death benefit dies, this benefit will be paid to your children who are under the age of 18 or, if they are … The special accidental death benefit is a pension equal to your salary reduced by: The accidental death benefit …
https://www.osc.ny.gov/retirement/publications/1822/special-accidental-death-benefitAccidental Death Benefit – En-Con Police Officers Plan
… and proximate result of an on-the-job accident not due to your own willful negligence, an accidental death benefit … The accidental death benefit is a lifetime pension if paid to a surviving spouse or dependent parent. The annual benefit is equal to one-half (50 percent) of your FAS (less any Workers’ …
https://www.osc.ny.gov/retirement/publications/1822/accidental-death-benefitAlternative and Out-of-Service Death Benefits – En-Con Police Officers Plan
… Alternative Death Benefit If you die while in service after having become eligible to retire, an … have not retired and you die more than one year after leaving public employment, 50 percent of the death benefit … benefit may also be payable if you die within one year of leaving covered service but were gainfully employed during …
https://www.osc.ny.gov/retirement/publications/1822/alternative-and-out-service-death-benefitsOrdinary Death Benefit – En-Con Police Officers Plan
… to an ordinary death benefit, in lieu of a monthly pension, if you meet eligibility requirements and your death … retired) members generally are not entitled to a monthly pension benefit. The first $50,000 of this benefit is paid in … to three times your salary raised to the next highest multiple of $1,000, as limited by Section 130 of the Civil …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-death-benefitStay Informed – Non-Contributory Plan with Guaranteed Benefits
… or in the event of disability or death. Use these tips to help you understand your benefits and stay informed. … Retirement Online , a convenient and secure way to review your benefits and conduct transactions in real time. In many cases, you’ll be able to use Retirement Online instead of mailing forms or …
https://www.osc.ny.gov/retirement/publications/1513/stay-informedAccidental Disability – En-Con Police Officers Plan
… by any annuity savings contributions you made while in service. You must apply for Workers’ Compensation benefits … The application must be filed while you are still in service or within two years of your discontinuance from service. When filing for this benefit, “in service” is defined as while you are: Being paid on the …
https://www.osc.ny.gov/retirement/publications/1822/accidental-disabilityPerformance of Duty Disability – En-Con Police Officers Plan
… disease, your application must be filed while you are in service. Notice of Occurrence To be eligible for this … The application must be filed while you are still in service or within two years of your discontinuance from service. When filing for this benefit, “in service” is defined as while you are: Being paid on the …
https://www.osc.ny.gov/retirement/publications/1822/performance-duty-disabilityEn-Con Police Disability – En-Con Police Officers Plan
… Eligibility You would be entitled to this disability benefit if, at the time of filing, you are: Under age 60. Physically or mentally unable to perform your duties as the natural and proximate result of … benefits. The Benefit The benefit would be equal to one-half (50 percent) of your FAS, plus an annuity based …
https://www.osc.ny.gov/retirement/publications/1822/en-con-police-disabilityOrdinary Disability – En-Con Police Officers Plan
… and Fire Retirement System before September 1, 1997. For those who last joined on or after September 1, 1997, only … ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-disabilityVested Retirement Benefit – En-Con Police Officers Plan
… are eligible for a vested retirement benefit if you leave public employment before retirement age and have five years … information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefit