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Membership Milestones for Employees’ Retirement System (ERS) Members
… covered under, there are important milestones you need to know. Understanding your milestones will help you develop … employment and die prior to your retirement. No longer able to withdraw your membership and receive a refund of your … you will receive annual cost-of-living (COLA) increases when you meet eligibility requirements. (Return to Top) …
https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-membersState Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. … Also, the IDA did not monitor project performance for investment or revitalization goals. Village of Kaser – … (Rockland County) The village charged residents $400,356 for refuse collection which exceeded the outsourced …
https://www.osc.ny.gov/press/releases/2018/09/state-comptroller-dinapoli-releases-municipal-audits-1SUNY Bulletin No. SU-60
… or less, the deduction is .9% of the adjusted biweekly gross. For employees with a base salary of $20,986.01 or more, the deduction is 1% of the adjusted biweekly gross. There is no annual maximum for dues or agency fees. The adjusted biweekly gross is calculated by subtracting overtime, overtime meals, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-60-correction-bulletin-no-su-60-relating-dues-structureAccidental Death Benefit – En-Con Police Officers Plan
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate result of an on-the-job accident not due to your own willful …
https://www.osc.ny.gov/retirement/publications/1822/accidental-death-benefitOrdinary Death Benefit – En-Con Police Officers Plan
… The first $50,000 of this benefit is paid in the form of group term life insurance, which is currently exempt from … of $1,000, as limited by Section 130 of the Civil Service Law. Filing Your family or employer should notify us of your …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-death-benefitCUNY Bulletin No. CU-570
… Pursuant to the CUNY Board of Trustees Resolution dated November 23, 2015 and January 25, 2016: The CUNY Board of … of job status. OSC will load the file provided by CUNY to start deduction code 403 for employees included on the file. … row for deduction code 403 based on the first day of the pay period for payroll checks issued on 1/5/2017. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-570-modification-cuny-tax-deferred-annuity-plan-tdaAccidental Death Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate result of an on-the-job accident not due to your own willful …
https://www.osc.ny.gov/retirement/publications/1511/accidental-death-benefitPartial Lump Sum Payment – En-Con Police Officers Plan
… receive a reduced lifetime retirement benefit in exchange for a one-time lump sum payment. The lump sum payment is made … been eligible to retire with a service retirement benefit for at least one year prior to your date of retirement; and … retirement).* Choosing a Lump Sum Payment When you file for retirement, if you are eligible for PLS, we will send you …
https://www.osc.ny.gov/retirement/publications/1822/partial-lump-sum-paymentErie Community College – Board Oversight and Management of College Resources (2015M-212)
… Purpose of Audit The purpose of our audit was to assess Board oversight and management of College resources … with nine appointed members and one elected student trustee. Budgeted appropriations for the 2014-15 fiscal year … over these contracts and has allowed College officials to blur the lines of separation by operating certain …
https://www.osc.ny.gov/local-government/audits/community-college/2016/01/13/erie-community-college-board-oversight-and-management-college-resourcesState Education Department Examination of Payments to Tough Man, Inc.
… contracts C813016, C81403A, T815055, and T816040 to Tough Man Inc. (Tough Man). The objectives of our examination were to determine … under the terms of the contracts. Background Tough Man is a not-for-profit corporation formed to sponsor … contracts C813016 C81403A T815055 and T816040 to Tough Man Inc Tough Man Th …
https://www.osc.ny.gov/state-agencies/audits/2019/03/01/state-education-department-examination-payments-tough-man-incAccidental Death Benefit – Career Plan
… can only be paid to the following family beneficiaries, in this order: First, to your surviving spouse, for life; Second, where there is no surviving spouse or in the event of his or her death, to minor children until the …
https://www.osc.ny.gov/retirement/publications/1642/accidental-death-benefitAccidental Death Benefit – New Career Plan
… can only be paid to the following family beneficiaries, in this order: First, to your surviving spouse, for life; Second, where there is no surviving spouse or in the event of his or her death, to minor children until the …
https://www.osc.ny.gov/retirement/publications/1515/accidental-death-benefitAccidental Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate result of an on-the-job accident not due to your own willful …
https://www.osc.ny.gov/retirement/publications/1513/accidental-death-benefitAccidental Death Benefit – Police and Fire Plan
… can only be paid to the following family beneficiaries, in this order: First, to your surviving spouse, for life; Second, where there is no surviving spouse or in the event of his or her death, to minor children until the …
https://www.osc.ny.gov/retirement/publications/1512/accidental-death-benefitAccidental Death Benefit – Regional State Park Police Plan
… can only be paid to the following family beneficiaries, in this order: First, to your surviving spouse for life; Second, where there is no surviving spouse or in the event of his or her death, to minor children until …
https://www.osc.ny.gov/retirement/publications/1867/accidental-death-benefitOrdinary 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-benefitPartial Lump Sum Payment – Regional State Park Police Plan
… (PLS), you must: Retire under a special 20- or 25-year plan; Retire on or after April 1, 2008; Have been eligible to … Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered …
https://www.osc.ny.gov/retirement/publications/1867/partial-lump-sum-paymentDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… Securities The Fund is the third-largest public pension fund in the country and remains one of the nation’s best-managed and best-funded pension plans. The New York State and Local Retirement System … The value and rate of return for prior years can be found here: …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionState Agencies Bulletin No. 1079
… Employees, Incorporated (Deduction Code 209 ) is based on the employee's grade level or status as a … employees whose positions are not equated to salary grades is determined by their salary rates. If the NS salary (Gr 600's), the OS salary (Gr 700's) and the Trainees salary (Gr 800's) is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1079-organization-new-york-state-managementconfidential-employeesAccounts Payable Advisory No. 28
… Guide to Financial Operations: Chapter XII, Section 4.B - Certification of Vouchers Chapter XII, Section 4.D - Certification of Internal Controls over the Payment Process Chapter XIII, Section 2.C - Expense Report Certification Guidance : Title 2, Chapter I, Part 6, Section …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/28-internal-controls-certification