Search
Cost-of-Living Adjustment – New Career Plan
… permanently increase each year. This adjustment, subject to pension caps and limitations, is 50 percent of the … of your benefit. The adjustment percentage is applied only to the first $18,000 of your Single Life Allowance, even if … older and retired for ten or more years (generally applies to members in special plans that allow for retirement, …
https://www.osc.ny.gov/retirement/publications/1515/cost-living-adjustmentCost-of-Living Adjustment – Non-Contributory Plan with Guaranteed Benefits
… permanently increase each year. This adjustment, subject to pension caps and limitations, is 50 percent of the … of your benefit. The adjustment percentage is applied only to the first $18,000 of your Single Life Allowance, even if … older and retired for ten or more years (generally applies to members in special plans that allow for retirement, …
https://www.osc.ny.gov/retirement/publications/1513/cost-living-adjustmentCost-of-Living Adjustment – Basic Plan with Increased-Take-Home-Pay (ITHP)
… including age and number of years retired, your retirement benefit will permanently increase each year. This … (COLAs) when you are: Age 62 or older and retired for five or more years; Age 55 or older and retired for ten or more years (generally applies to members in …
https://www.osc.ny.gov/retirement/publications/1511/cost-living-adjustmentCost-of-Living Adjustment – Article 14 Benefits
… begin receiving COLA when you are: 62 or older and retired for five or more years; or 55 or older and retired for ten or more years; or Receiving a disability pension for five or more years. When you die, if you selected an … Article 14 information for PFRS Tier 3 members Covers pension disability and death …
https://www.osc.ny.gov/retirement/publications/1644/cost-living-adjustmentState Agencies Bulletin No. 1539
… with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the VDC two-year look back. … creating Tier 6. This tier applies to employees joining a retirement system after March 31, 2012. This Legislation … 2013. Agency Actions Each agency is required to update the Retirement Plans page to change the Benefit Plan based on the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1539-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcAlternative and Out-of-Service Death Benefits – State Police Plan
… ten years of credited service, but you have not retired, and you die less than one year after leaving public …
https://www.osc.ny.gov/retirement/publications/1518/alternative-and-out-service-death-benefitsState Agencies Bulletin No. 147
… on a daily basis and had a pay basis code of DLY in the Legacy payroll system. Effective Date Immediately Background …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/147-new-frc-earnings-code-fee-retirement-creditState Agencies Bulletin No. 1627
… with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the VDC two-year look back … creating Tier 6. This tier applies to employees joining a retirement system after March 31, 2012. This Legislation … 2014 Agency Actions Each agency is required to update the Retirement Plans page to change the Benefit Plan based on the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1627-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcDiNapoli: Priceline Commits to Improve Gender and Racial Diversity on its Board of Directors
… diversity among the qualities it will actively seek in its board members. When the Fund filed its request for Priceline to commit to board diversity, the company had just one female director. In … it added a second female director to its now 11-person board. “We encourage our portfolio companies to commit to a …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-priceline-commits-improve-gender-and-racial-diversity-its-board-directorsAbout an Employer’s Role – What Every Employer Should Know
… begins a partnership with NYSLRS that we take pride in. Without your cooperation and assistance, we would not be … join NYSLRS. By law, employers must notify new employees in writing of their right to join NYSLRS when they begin …
https://www.osc.ny.gov/retirement/employers/partnership/about-employers-roleState Agencies Bulletin No. 1917
… 1696 213 213 days X 8hrs 1704 214 214 days X 8hrs 1712 215 215 days X 8hrs 1720 216 216 days X 8hrs 1728 217 217 days X …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1917-procedures-processing-2021-summer-session-payments-institution-teachersNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… Thomas P. DiNapoli, New York State Comptroller, Preet Bharara, United States Attorney for … his return to work in the public sector to the New York State and Local Police and Fire Retirement System. Under New York State law, a public sector … State Comptroller DiNapoli announced the indictment of …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsPayroll Improvement Project Bulletin No. PIP-018
… year-to-date maximum limit for the V Code, the system will no longer take contributions from those earnings. The V Codes … CompLmt ERSBT5 285,000.00 NYSERS Pensionable Earnings (No OT) Tier 5 Plan Year (4/1 - 3/31) IRS 401(a)(17) Limit V03 … CompLmt ERSBT6 225,000.00 NYSERS Pensionable Earnings (No OT) Tier 6 Plan Year (4/1 - 3/31) Governor's Salary V05 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-018-new-additional-pay-earns-codes-v-codes-payservYour Pension Pay Stub
… Your pay stub gives you valuable insight into your monthly pension … under a domestic relations order. View Your Pension Pay Stub in Retirement Online Sign in to Retirement Online . … Online and register today. A Quick Guide to Your Pension Pay Stub Here’s a detailed look at what makes up your pay …
https://www.osc.ny.gov/retirement/retirees/your-pension-pay-stubTier Status – Career Plan
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July 31, 1973 through June … 30, 2009 Tier 3 July 1, 2009 through January 8, 2010* Tier 5 January 9, 2010 through March 31, 2012 Tier 6 April 1, 2012 …
https://www.osc.ny.gov/retirement/publications/1642/tier-statusTier Status – Police and Fire Plan
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July 31, 1973 through June … 30, 2009 Tier 3 July 1, 2009 through January 8, 2010* Tier 5 January 9, 2010 through March 31, 2012 Tier 6 April 1, 2012 …
https://www.osc.ny.gov/retirement/publications/1512/tier-statusTier Status – Non-Contributory Plan with Guaranteed Benefits
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July 31, 1973 through June … 30, 2009 Tier 3 July 1, 2009 through January 8, 2010* Tier 5 January 9, 2010 through March 31, 2012 Tier 6 April 1, 2012 …
https://www.osc.ny.gov/retirement/publications/1513/tier-statusEmployers
Information and resources for participating employers of the New York State and Local Retirement System NYSLRS
https://www.osc.ny.gov/retirement/employersManhasset Union Free School District – Separation Payments (2016M-150)
… over the calculation and processing of separation payments for the period July 1, 2014 through February 29, 2016. … five-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year totaled $90 million. Key Findings … that District officials developed written procedures for processing or approving separation payments and there was …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/manhasset-union-free-school-district-separation-payments-2016m-150DiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… in the midst of global volatility thanks to our talented investment staff and our diversified asset allocation.” The … 22.2% Non-US Equities -0.5% 11.2% Private Equity 9.2% 7.5% Real Estate 10.4% 6.4% TIPS* 3.3% 5.2% Global Equities 4.4% 4.9% …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billion