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State Agencies Bulletin No. 1846
The purpose of this bulletin is to notify agencies of the 2020 maximum salary limit for Tier 6 members of NYCTRS 7S NYCBERS 7T NYCERS 7U and NYSTRS 7X
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. 2226
… limit for Tier 5 members of PFRS and ERS for fiscal year 2024. Affected Employees: Employees who are Tier 5 members of … 408(k)(6)(D)(ii) will increase to $345,000 for fiscal year 2024. Effective Dates: Effective beginning Institution paychecks dated April 4, 2024, and Administration paychecks dated April 10, 2024. OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2226-maximum-salary-limit-tier-5-members-new-york-state-police-and-fireState Agencies Bulletin No. 2319
… is to notify agencies of the maximum salary limit for Tier 5 members of PFRS and ERS for fiscal year 2025. Affected Employees: Employees who are Tier 5 members of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2319-maximum-salary-limit-tier-5-members-new-york-state-police-and-fireReporting Regulations 315.2 & 315.3
… employer has the right to control the means and methods of what work will be done and how the work will be done. (c) The … other individual engaged to achieve a certain result who is not subject to the direction of the employer as to the … paid vacation, personal leave, bereavement leave, or time off in lieu of pay for overtime. (ii) A full day …
https://www.osc.ny.gov/retirement/employers/reporting-regulations-3152-3153Stay Informed – Basic Plan with Increased-Take-Home-Pay (ITHP)
… to retire. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your benefits, as well as important retirement news. Like us on Facebook and follow us on Twitter for quick … updates on a variety of retirement topics. Sign up for E-News , our email newsletter, for the latest NYSLRS news and …
https://www.osc.ny.gov/retirement/publications/1511/stay-informedDiNapoli: 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-planResources – Contribution Stabilization Program
… the employer menu, then follow the prompts. Rev. 9/25 … Resources for NYSLRS public employers who participate in the Contribution Stabilization Program …
https://www.osc.ny.gov/retirement/employers/csp/resourcesEmployer E-News Archive — 2024
… Retirement System member and retiree news. December 2024 Reminder: Annual Invoice Prepayment Deadline is December … on Time Set Up Your Enhanced Reporting Transition Plan Today More Than 2,100 Employers Have Already Made the Switch … More Than 2,100 Employers Have Already Made the Switch October 2024 Make Payments Faster and Easier with ACH Ensure …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2024Applying for Benefits – Regional State Park Police Plan
… To apply for all Retirement System benefits, you must file the … in each benefit description. If you need help, you can call or write us, or make an appointment to speak with an … you can fulfill the filing requirements by mailing the document to us. We will consider it filed when it is …
https://www.osc.ny.gov/retirement/publications/1867/applying-benefitsStatement From NY State Comptroller Thomas P. DiNapoli on Mayor's November Financial Plan Update
… plan, an average of $2 billion per year beginning in FY 2025. “The good news in the financial plan update is that … sector job growth fully returned, the city should remain laser focused on its efforts to stay a place where people …
https://www.osc.ny.gov/press/releases/2023/11/statement-ny-state-comptroller-thomas-p-dinapoli-mayors-november-financial-plan-updateState Contract and Payment Actions in October
… In October, the Office of the State Comptroller approved 1,525 contracts for state … million. More information on these contracts and payments is available at www.openbooknewyork.com . Major Contracts … $3.2 million with Bio-Rad Laboratories, Inc. for newborn screening and sickle cell test kits. Office of Information …
https://www.osc.ny.gov/press/releases/2018/12/state-contract-and-payment-actions-octoberState Contract and Payment Actions in July
… Bills, Inc. for working capital, capital improvements, and game day operations. $3 million to the City of Auburn for …
https://www.osc.ny.gov/press/releases/2018/08/state-contract-and-payment-actions-julyState Contract and Payment Actions in September
… Family Services $12.5 million for child care resources and referral, including $4.7 million to the Capital District … Enterprises, Inc. for reconstruction and widening of the Clearview Expressway exit ramp in Queens County. MAJOR …
https://www.osc.ny.gov/press/releases/2018/11/state-contract-and-payment-actions-september20-Year Benefit (Section 384-d) – Special 20- and 25-Year Plans
… is: Service as a firefighter or police officer under the 20-year plan; Service as a member or officer of the New York State Police; Service in the U.S. military, as specified by law; or Other prior police service, … 90 days before your date of retirement. For information on how to apply for a service retirement benefit, read Applying …
https://www.osc.ny.gov/retirement/publications/1517/20-year-benefit-section-384-dOpinion 99-10
… the issues discussed in the opinion. PUBLIC CONTRACTS -- Energy Performance Contracts (maximum term) -- Term (maximum … performance contract, for purposes of Energy Law, §9-103, is the estimated period over which the facilities or equipment are reasonably expected to be useful and is not necessarily equated to the period of probable …
https://www.osc.ny.gov/legal-opinions/opinion-99-10Withdrawing Your Contributions and/or Your Membership – Article 14 Benefits
… service, you may choose to: End your membership and withdraw your accumulated contributions (with interest … for a retirement benefit, you should file the Withdrawal Application (RS5014) no earlier than 15 days after you leave … 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/withdrawing-your-contributions-andor-your-membershipBecoming Eligible for a Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Once you have accrued five years of credited service, you will be … 1 Tiers 1, 2, 3 and 5 If you are covered by the Age 60 Retirement Plan, you can begin receiving your vested … benefit when you reach age 63. Vesting is automatic — you do not have to fill out any paperwork or file an application …
https://www.osc.ny.gov/retirement/publications/1511/becoming-eligible-benefitVII.2.C Direct Journal Payment & Payment Worksheet - Treasury Requirements – VII. State Revenues and Appropriated Loan Receivables
… of the SFS Regular Deposit screen, showing Business Unit, Deposit ID and total amount to DTF-Treasury who will … must also ensure that the ‘Complete’ box is checked on Direct Journal Payments submitted in SFS. Failure to check …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii2c-direct-journal-payment-payment-worksheet-treasury-requirementsBorrowing Against Your Contributions – Article 14 Benefits
… If you meet eligibility requirements, you may take a loan from … be taxable if: The loan amount exceeds federal limits. You have a loan with a deferred compensation (457) or … could result in significant tax consequences for you. You do not make the required payments on your loan at least once …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsOpinion 90-1
… facility assessments); (contributions to public entities - school district) ENVIRONMENTAL CONSERVATION LAW, §27-0925; … are credited to the general fund, town-wide (1980 Opns St Comp No. 80-784, p 214; see also 1979 Opns St Comp No. 79-614, unreported; 29 Opns St Comp 1973, p 173; …
https://www.osc.ny.gov/legal-opinions/opinion-90-1