Search
Tier 2, 3, 5 and 6 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… active service, your beneficiary will be paid the greater of the two death benefits; if you die after retirement, and … two is equal to your salary multiplied by your years of service, not to exceed three years of salary. For example, if you die after one year of service, …
https://www.osc.ny.gov/retirement/publications/1511/tier-2-3-5-and-6-death-benefitsTier 2, 3, 5 and 6 Death Benefits – Career Plan
… the greater of the two death benefits; if you die after retirement, and meet the eligibility criteria, your beneficiary will receive the post-retirement death benefit. Members who joined on or after … benefit payable. Death benefit two provides a post-retirement death benefit if you: Retire directly from …
https://www.osc.ny.gov/retirement/publications/1642/tier-2-3-5-and-6-death-benefitsTier 2, 3, 5 and 6 Death Benefits – New Career Plan
… benefits. If you chose death benefit one and you die while in active service, your beneficiary will be paid the greater … 60) − 10,800 (ordinary death benefit at retirement) = $169,200 1st year of retirement(50 percent of ordinary death … information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375h and 375i Tier 2 3 5 and 6 Death Benefits …
https://www.osc.ny.gov/retirement/publications/1515/tier-2-3-5-and-6-death-benefitsTier 2, 3, 5 and 6 Death Benefits – Police and Fire Plan
… active service, your beneficiary will be paid the greater of the two death benefits; if you die after retirement, and … two is equal to your salary multiplied by your years of service, not to exceed three years of salary. For example, if you die after one year of service, …
https://www.osc.ny.gov/retirement/publications/1512/tier-2-3-5-and-6-death-benefitsXIV.14.D Criteria for Recording General Capital Assets Including Infrastructure – XIV. Special Procedures
… criteria are met: Tangible Assets The asset is tangible in nature, complete and is not a component part of another item. The asset is used in the operation of the State's activities. The asset has a … guidelines): All Land Buildings Machinery and Equipment in excess of $40,000 Office Furniture and Equipment in excess …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14d-criteria-recording-general-capital-assets-including-infrastructureLegal and Regulatory Authority To Do Business
… Non-Degree Granting Proprietary Schools in NY NYS Department of Financial Services NYC Department of … in New York City NYS Department of Labor Asbestos Handling License NYS Department of State – Division of Licensing …
https://www.osc.ny.gov/state-vendors/vendrep/legal-and-regulatory-authority-do-businessNew York State Debt
… Study 2017 2013 2010 2008 Official Statements - State of New York General Obligation Bonds 2025ABC State of New York General Obligation Bonds, March 2025 2023ABCD State …
https://www.osc.ny.gov/debtCUNY Bulletin No. CU-556
… Purpose To explain the agency procedures for reporting rate increases and adjustments for miscellaneous earnings. Affected Employees Employees in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-556-cuny-retroactive-rate-increases-skilled-trade-titlesDiNapoli: NY's Homeownership Rate Lowest in the Nation
… New York state has the lowest homeownership rate in the nation, driven by low rates in New York City, … benefits of homeownership. Reducing inequities in real estate practices and boosting homeownership are important … of assets held by American households was largest for real estate assets and the median net worth of homeowners was …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nys-homeownership-rate-lowest-nationXIV.4.A Agency Bank Accounts Overview – XIV. Special Procedures
… agency funds, etc. The State Comptroller must ensure compliance with SFL §111 that provides that no money in the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv4a-agency-bank-accounts-overviewArchived: Legislative Session 2023–2024
… in certain circumstances. Vetoed by the Governor Public Posting of Certain Contracts – Vetoed by the Governor, Veto … of indebtedness contracted for sewage facilities. Public Posting of Certain Contracts – Passed both houses and vetoed … A.7404/S.6941 (Solages/Cooney) – Requires the public posting of certain contracts otherwise subject to prior …
https://www.osc.ny.gov/legislation/archived-legislative-session-2023-2024Overview – Police and Fire Plan
… will not be included in your FAS calculation: Unused sick leave; Payments made as a result of working your vacation; Any form of termination pay; Payments made in anticipation of …
https://www.osc.ny.gov/retirement/publications/1512/overviewOverview – Non-Contributory Plan with Guaranteed Benefits
… will not be included in your FAS calculation: Unused sick leave; Payments made as a result of working your vacation; Any form of termination pay; Payments made in anticipation of …
https://www.osc.ny.gov/retirement/publications/1513/overviewOverview – Basic Plan with Increased-Take-Home-Pay (ITHP)
… will not be included in your FAS calculation: Unused sick leave; Payments made as a result of working your vacation; Any form of termination pay; Payments made in anticipation of …
https://www.osc.ny.gov/retirement/publications/1511/overviewOverview – Career Plan
… years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the wages you earned during any 36 … immediately before retirement. The calculation of your FAS can include, but is not limited to, the following types …
https://www.osc.ny.gov/retirement/publications/1642/overviewOverview – New Career Plan
… calculation of your FAS can include, but is not limited to, the following types of payments. In some cases, certain … amount of overtime and noncompensatory overtime is limited to 15 percent of your salary. …
https://www.osc.ny.gov/retirement/publications/1515/overviewThe Big Picture – What Every Employer Should Know
… The Retirement and Social Security Law (RSSL) establishes benefits for members and the benefit options employers can choose for their employees. NYSLRS administers those benefits. The RSSL also establishes the overall methodology used to …
https://www.osc.ny.gov/retirement/employers/partnership/big-pictureState Comptroller DiNapoli Releases Audits
… York State Comptroller Thomas P. DiNapoli announced today the following audits have been issued. Department of Health – Medicaid Program – Excessive Payments for Durable … such as oxygen equipment, is available for continuous (i.e., uncapped) rental only. Auditors identified Medicaid …
https://www.osc.ny.gov/press/releases/2023/05/state-comptroller-dinapoli-releases-auditsXI.4.B Standard Contract Language for Grant Contracts: Fixed Term, Multiyear Contracts and Simplified Renewals – XI. Procurement and Contract Management
… of this section is to present standard contract language for each of those types of agreements for grant contracts, and to provide guidance for their use. As detailed in the New York State Grants …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4b-standard-contract-language-grant-contracts-fixed-term-multiyear-contracts-and-simplifiedDiNapoli: Too Many Subway Stations Need Repairs
… Too many New York City subway stations are in disrepair and New York City Transit’s repair program is …
https://www.osc.ny.gov/press/releases/2014/10/dinapoli-too-many-subway-stations-need-repairs