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Alternate Contribution Stabilization Program
… Stabilization Program provides short-term cash relief for employers by allowing them to amortize a portion of their … limits the increases or decreases in contribution rates from year to year. This means employers may be able to … Review” link on the Billing Dashboard. You will be able to search for a specific amortization or view a list of all …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programDiNapoli: Corporate America Must Show Progress on Diversity, Equity & Inclusion
… recruitment, retention, and promotion rates, as well as pay data of employees by gender, race, ethnicity, sexual …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-corporate-america-must-show-progress-diversity-equity-inclusionComptroller DiNapoli Statement in Response to President Trump’s Withdrawal From the Paris Agreement
… ways. As trustee of New York state’s $192 billion pension fund, I will continue to seek out sustainable … State Common Retirement Fund is the third largest public pension fund in the United States, with an estimated $192 …
https://www.osc.ny.gov/press/releases/2017/06/comptroller-dinapoli-statement-response-president-trumps-withdrawal-paris-agreementEast Moriches Union Free School District – Financial Condition Management (2022M-1)
… by $6.3 million, or 4.5 percent. Officials did not use the retirement contribution reserve to pay annual retirement contributions. Its excessive balance is enough to cover annual retirement contributions for nine years. Key Recommendations Develop and adopt …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/17/east-moriches-union-free-school-district-financial-condition-managementDiNapoli Statement in Support of Senator Warren's Legislation Creating Greater Climate Risk Disclosure
… climate change and the global effort to mitigate it; and what steps they are taking to minimize climate risk in their … are aggressively addressing climate risk, but we face a severe lack of information from our portfolio companies on … is the third largest public pension fund in the United States, with an estimated $209.2 billion in assets under …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-statement-support-senator-warrens-legislation-creating-greater-climate-risk-disclosureOvertime Temporarily Excluded from Tier 6 Contribution Rates
… A recent law temporarily excludes overtime pay earned from April 1, 2022 through March 31, 2024 from the … 6 contribution rates. This may lower contribution rates for some Tier 6 members for State Fiscal Year 2024-25 (April … Homepage, go to Notifications . Click View All link or search for the notification: Click Search Notifications link. …
https://www.osc.ny.gov/retirement/employers/overtime-temporarily-excluded-tier-6-contribution-ratesState Comptroller DiNapoli and District Attorney Scarpino Announce Arrest in $60K Pension Payments
… public corruption and encourages the public to help fight fraud and abuse. New Yorkers can report allegations of …
https://www.osc.ny.gov/press/releases/2018/07/state-comptroller-dinapoli-and-district-attorney-scarpino-announce-arrest-60k-pension-paymentsAvailable Pension Payment Options – State Police Plan
… This option provides the maximum benefit payment to you each month for the rest of your life. Under this … If all of your accumulated annuity savings contributions have been paid out, all payments will stop when you die. … Pension Payment Options If the options described here do not meet your needs, we will consider written requests for …
https://www.osc.ny.gov/retirement/publications/1518/available-pension-payment-optionsOverview – Employer Contributions and Rates
… The New York State Common Retirement Fund (the Fund) holds and invests the money used … your annual employer contributions help ensure future retirement benefits can be paid. To calculate your annual … Employer contributions help ensure the proper funding of retirement benefits To determine an employers cost …
https://www.osc.ny.gov/retirement/employers/contributions/overviewNYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2019-20 was 5.28 percent for … annual investment return. About the New York State Common Retirement Fund The New York State Common Retirement Fund is …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2019-20 was 1.16 percent for … annual investment return. About the New York State Common Retirement Fund The New York State Common Retirement Fund is …
https://www.osc.ny.gov/press/releases/2019/11/nys-common-retirement-fund-reports-second-quarter-resultsState Comptroller DiNapoli and Rockland D.A. Announce Middletown Man Arraigned on Grand Larceny Charges
… from State Comptroller DiNapoli's Office investigated and arrested this individual who allegedly committed fraud … residents from fraud and abuse." Ricardy Cesar was arrested on July 10, 2020, without incident based on the …
https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-and-rockland-da-announce-middletown-man-arraigned-grand-larceny-chargesAlternative and Out-of-Service Death Benefits – En-Con Police Officers Plan
… Alternative Death Benefit If you die while in service after having become eligible to retire, an alternative death benefit may be payable. This benefit would equal the … 375-c) or this special plan as of the date of your death. A comparison will be made and the greater benefit will …
https://www.osc.ny.gov/retirement/publications/1822/alternative-and-out-service-death-benefitsState Agencies Bulletin No. 2141
… of the 2023 pensionable overtime earnings limit for Tier 6 TRS members. Affected Employees: Tier 6 members of TRS Plan Type 86 are affected. Background: The OT limit for Tier 6 began in the State fiscal year 2012-2013 at $15,000. … of the 2023 pensionable overtime earnings limit for Tier 6 TRS members …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2141-tier-6-pensionable-overtime-ot-earnings-limit-plan-year-2023-employeesState Agencies Bulletin No. 2247
… the 2024 pensionable overtime earnings limit for Tier 6 TRS members. Affected Employees: Tier 6 members of TRS Plan Type 86 are affected. Background: The OT limit for Tier 6 began in the State fiscal year 2012-2013 at $15,000. … of the 2024 pensionable overtime earnings limit for Tier 6 TRS members …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2247-tier-6-pensionable-overtime-ot-earnings-limit-plan-year-2024-employeesState Agencies Bulletin No. 2352
… The purpose of this bulletin is to notify agencies of the 2025 pensionable overtime earnings limit for Tier 6 TRS … Effective in Administration paychecks beginning July 2, 2025, and Institution paychecks beginning July 10, 2025. OSC Actions: OSC will update PayServ to reflect the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2352-tier-6-pensionable-overtime-ot-earnings-limit-plan-year-2025-employeesDivision of Housing and Community Renewal Bulletin No. DH-59
… amount. Employees who are on a Voluntary Reduction in Work Schedule (VRWS) on 03/31/13 receive the full LLS payment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-59-april-2013-district-council-37-dc37-longevity-lump-sumCUNY Bulletin No. CU-594
… Purpose To provide agencies instructions for processing the CUNY Discretionary Assignment Differential … with the Memorandum of Agreement between CUNY and the PSC for the Term of 10/20/2010 – 11/30/2017 as a way to recognize … Memorandum from Pamela S. Silverblatt, Vice Chancellor for Labor Relations: Employees must be in an eligible title; …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-594-city-university-new-york-cuny-discretionary-assignmentDiNapoli: Audit Exposes Significant Management Issues With Tonawanda Housing Authority
… An audit of the Tonawanda Housing Authority (THA) has revealed inappropriate computer … and applicant treatment, and high vacancy rates in public housing, according to New York State Comptroller Thomas P. … An audit of the Tonawanda Housing Authority THA has revealed inappropriate computer …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-audit-exposes-significant-management-issues-tonawanda-housing-authorityDepartment of Transportation Bulletin No. DOT-42
… the 2021-2026 Agreements between the State of New York and the Civil Service Employees Association (CSEA), … who were called out ten (10) or more times for snow and ice callouts during the period 11/01/2022 to 04/15/2023 … to employment and income taxes. Federal, State, and New York City income tax withholding will be calculated using the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/transportation/dot-42-2023-call-out-response-payment-fiscal-year-2022-2023