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Opinion 99-11
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … CONSTITUTIONAL LAW -- Gifts and Loans (authority to provide framed bond as token of appreciation to retiring … of a personnel management program, may present a framed, cancelled bond issued by the school district to retiring …
https://www.osc.ny.gov/legal-opinions/opinion-99-11SCAM ALERT
… or beneficiary data being compromised. You can avoid the scam by accessing Retirement Online only through the Office … of Investigations at [email protected] . … Scam Alert NYSLRS is monitoring a potential cyber threat …
https://www.osc.ny.gov/retirement/scam-alertBecoming 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-benefitWithdrawing 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-membershipBorrowing 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 92-39
… on establishment) -- Referendum (eligibility to vote) WATER DISTRICTS -- Establishment (eligibility of non-property … taxable real property situate in a proposed water or sewer district are not entitled to vote in a special district … entirety, tenant in common, joint tenant, partnership or corporation. Town Law, §209-e(3) provides, in pertinent part, …
https://www.osc.ny.gov/legal-opinions/opinion-92-39Tier 2, 3, 5 and 6 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… 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/1511/tier-2-3-5-and-6-death-benefitsFull- and Part-Time Service Credit – Regional State Park Police Plan
… Full-Time Employment If you join the Retirement System on the day you begin employment with a participating employer and work on a full-time, continuous basis, we calculate your retirement …
https://www.osc.ny.gov/retirement/publications/1867/full-and-part-time-service-creditEnding Your Membership – Regional State Park Police Plan
… Once you join, there are five ways your membership can end: If you … and voluntarily withdraw your membership ; If you transfer your membership to another New York State public …
https://www.osc.ny.gov/retirement/publications/1867/ending-your-membershipMember Contributions
… April 1 In March, we notify you when member contribution rates for the upcoming state fiscal year are available in Retirement Online . To view contribution rates for State Fiscal Year 2025-26 (April 1, 2025–March 31, … NYSLRS. Members who voluntarily contribute will receive an annuity based on their voluntary contributions in addition to …
https://www.osc.ny.gov/retirement/employers/member-contributionsA Message From Comptroller Thomas P. DiNapoli – Article 14 Benefits
… As a member of the Retirement System, you are covered by a plan that provides important benefits. … some of those benefits and the services available to you as a member of our system, including: Benefits you will … I am joined by a staff of dedicated professionals in my commitment to helping you make informed decisions about …
https://www.osc.ny.gov/retirement/publications/1644/message-comptroller-thomas-p-dinapoliState Agencies Bulletin No. 1751
… limitations on benefits and contributions under qualified retirement plans, the annual compensation limit under Section … regarding this bulletin may be directed to the Payroll Retirement mailbox. … To notify agencies of the 2019 maximum …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1751-maximum-salary-limit-tier-6-members-following-retirement-systemsState Agencies Bulletin No. 146
… Date . Tab to Benefit Plan . Single click on drop down box. Double click on ERS After Tax . Tab to Tier . … same . Tab to Contribution Status . Single click on drop down box. Double click on Noncontributing . Tab to Election …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/146-employees-retirement-system-ers-tier-reinstatement-chapter-646-laws-1999Rural Roundtable
… A Profile of Agriculture in New York State (November 2024) Rural New York: Challenges and Opportunities (September … Need: The Urgency of Lifting Children Out of Poverty (May 2024) Food Insecurity Persists Post-Pandemic (May 2024) Food … Deployment (July 2023) Empire State Development: New NY Broadband Program (July 2022) The Growing Role of Counties …
https://www.osc.ny.gov/reports/rural-roundtableState Comptroller DiNapoli Releases Municipal & School Audits
… duties; provide oversight of the clerk-treasurer’s payroll, or; perform required annual audits of the …
https://www.osc.ny.gov/press/releases/2024/04/state-comptroller-dinapoli-releases-municipal-school-auditsReceiving Your Benefit and Filing Your Option Election – En-Con Police Officers Plan
… benefit paid. You can choose from several options, all of which will provide you with a monthly benefit for life. … Election form (unless notified otherwise, as in the case of disability retirement) before the first day of the month … is later. If your election is not timely, by law we must process your retirement as if you had selected Cash Refund — …
https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-electionDiNapoli: Approves $4.7 Million DOT Bridge Contract After Integrity Monitor Put in Place
… million contract with Limnes Corp. of Whitestone, N.Y., to paint 13 state bridges in Nassau and Suffolk counties after the Department of Transportation (DOT) put an independent integrity monitor in place. “After our rejection …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-approves-47-million-dot-bridge-contract-after-integrity-monitor-put-placeState Contract and Payment Actions in April
… million with Gross Electric Inc. for the installation of a CCTV audio monitoring and personal alarm system at the … Construction of NY Inc. for improvements at the Cuba Lake Dam in Allegany County. Office of Parks, Recreation and … $4.3 million with Bast Hatfield Construction LLC for site improvements and construction of a maintenance building …
https://www.osc.ny.gov/press/releases/2024/06/state-contract-and-payment-actions-aprilOrdinary Disability – En-Con Police Officers Plan
… or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … medical leave of absence for up to two years (which may be extended for an additional two years), as long as you have not resigned or been terminated while …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-disabilityTier Status – Article 14 Benefits
… employer offers the one-year final average salary benefit for your employee group; or Are employed by the City of Yonkers or the State … 8, 2010 and did not elect to be covered by Article 22 (opt into Tier 5), can be covered by Article 11 or Article 14 …
https://www.osc.ny.gov/retirement/publications/1644/tier-status