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Opinion 94-1
… salaries to district) COUNTY LAW, §267; MUNICIPAL HOME RULE LAW, §10(1): A county is not authorized to chargeback to a county sewer … enumerated in section 10 of the Municipal Home Rule Law (Municipal Home Rule Law, §10[1][i],[ii]), including …
https://www.osc.ny.gov/legal-opinions/opinion-94-1Mandatory Membership – Membership and Enrollment
… Before July 27, 1976, membership was mandatory for: Jobs with competitive classification. The date of membership is the date of permanent appointment. Jobs with non-competitive classification. The date of membership is the …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/mandatory-membershipTier 2, 3, 5 and 6 Death Benefits – Non-Contributory Plan with Guaranteed Benefits
… ordinary death benefit that would have been payable at age 60, if any, or at retirement, whichever was earlier. Example: Retirement at age 62 with a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − …
https://www.osc.ny.gov/retirement/publications/1513/tier-2-3-5-and-6-death-benefitsOpinion 91-41
… in the opinion. REFERENDUM -- Tax Limitation (authority by petition to compel referendum) TOWN LAW, §81: Town electors … may not, by petition, compel the town board to hold a referendum on a proposition to impose a limit on the amount … real property taxes may be increased from year to year. It is well established that a municipality may not submit a …
https://www.osc.ny.gov/legal-opinions/opinion-91-41NYSLRS Fact Sheet
… Overview The New York State and Local Retirement System (NYSLRS) administers two distinct retirement systems. They … Information (as of March 31, 2024) Overall membership in NYSLRS: 1,236,057 713,802 members (74% of members are …
https://www.osc.ny.gov/retirement/resources/nyslrs-fact-sheetOpinion 90-12
… This opinion represents the views of the Office of the State Comptroller at the time … an attorney, does not apply to court orders submitted to a county treasurer under CPLR 2607 for the payment out of … it must be determined whether the provisions of CPLR 2105 permit the submission of an attorney-certified copy of a …
https://www.osc.ny.gov/legal-opinions/opinion-90-12Northport-East Northport Union Free School District – Financial Condition (2014M-164)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial activities for the … a policy or plan for accumulating and using reserves funds to ensure that the amounts are necessary, reasonable and in … and the budgets were not revised during this period to provide for the year-end increases made to the retirement …
https://www.osc.ny.gov/local-government/audits/school-district/2014/10/10/northport-east-northport-union-free-school-district-financial-conditionCost-of-Living Adjustment
… Adjustment (COLA) is a permanent annual increase to your pension to help offset the impact of inflation. Once you … The percentage is applied up to the first $18,000 of your annual pension benefit as if you had chosen the Single … the accidental death benefit for five or more years on behalf of a deceased Employees' Retirement System (ERS) …
https://www.osc.ny.gov/retirement/retirees/cost-living-adjustmentState Contract and Payment Actions in May
… QualityStarsNY early childhood program. Office of General Services – Design & Construction $10.5 million with Avenue Construction Inc. for terrace repairs at the Cultural Education Center in … laboratory supplies and materials, client services, and industrial services. $3.5 million to New York eHealth …
https://www.osc.ny.gov/press/releases/2023/06/state-contract-and-payment-actions-mayDiNapoli: Former Medical Office Manager Pleads Guilty to Defrauding New York State Health Insurance Plan
… pleaded guilty to defrauding the New York State Insurance Plan (NYSHIP) out of more than $12,000 by submitting phony … in this investigation. Ms. Bradshaw knowingly took advantage of the health insurance system to profit at her own … When a NYSHIP member uses an out-of-network health care provider they can have a portion of the medical costs they …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-former-medical-office-manager-pleads-guilty-defrauding-new-york-state-health-insurance-planPartial Lump Sum Payment – Special 20- and 25-Year Plans
… can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit … retirement, review and select your pension payment and PLS options online using Retirement Online . If you file for … when various percentages become available. Your Single Life Allowance will be reduced by the same percentage as the …
https://www.osc.ny.gov/retirement/publications/1517/partial-lump-sum-paymentMore About This Retirement Plan – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members
… NonContributory Plan with Guaranteed Benefits information for ERS Tier 2 members under Sections 75d and 75e About This …
https://www.osc.ny.gov/retirement/publications/1507/more-about-retirement-planMore About This Retirement Plan – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 1 Members
… ERS Tier 1 members under Sections 75d and 75e About This Retirement Plan …
https://www.osc.ny.gov/retirement/publications/1502/more-about-retirement-planState Agencies Bulletin No. 1697
… Purpose To notify agencies of the 2019 maximum salary limit for … which provides for dollar limitations on benefits and contributions under qualified retirement plans, the annual compensation limit under Section 401(a), 404(I), 408 (k) (3) (C), and 408 (k) (6) (D) (ii) will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1697-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedState Agencies Bulletin No. 1450
… members for calendar year 2016 is $17,910.78. Background In accordance with Chapter 504 of the Laws of 2009, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1450-tier-5-pensionable-overtime-earnings-limit-calendar-year-2016-employeesState Agencies Bulletin No. 1623
… Questions regarding this bulletin may be directed to Payroll Retirement mailbox. … To notify agencies of the 2018 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1623-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedState Agencies Bulletin No. 2087
… of this bulletin is to notify agencies of the 2023 maximum salary limit for ORP and VDC plan members. Affected Employees Tier 1 … OSC Actions OSC will update PayServ to reflect the Maximum Salary Limit for calendar year 2023. PayServ will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2087-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntaryState Agencies Bulletin No. 1846
… NYCBERS (7T), NYCERS (7U), and NYSTRS (7X). Background In accordance with Senate Resolution No. 958 of Bill No. C00243, approved on April 1, 2020, which provides for dollar limitations on … reach the $225,000 limit. Contributions will resume in the first paycheck of the following plan year. Questions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1846-maximum-salary-contribution-limit-tier-6-members-following-new-yorkState Agencies Bulletin No. 2116
… limit for Tier 5 members of PFRS and ERS for fiscal year 2023. Affected Employees Employees who are Tier 5 members of … 408(k)(6)(D)(ii) will increase to $330,000 for fiscal year 2023. Effective Dates Effective beginning Institution paychecks dated April 6, 2023, and Administration paychecks dated April 12, 2023. OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2116-maximum-salary-limit-tier-5-members-new-york-state-police-and-fireState Agencies Bulletin No. 2024
… this bulletin is to notify agencies of the maximum salary limit for Tier 5 members of PFRS and ERS for fiscal year … under qualified retirement plans, the annual compensation limit under Section 401(a)(17), 404(I), 408(k)(3)(C), and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2024-maximum-salary-limit-tier-5-members-new-york-state-police-and-fire