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About Benefit Reductions
… early as age 55 with a reduction for early retirement.* *Tier 1 members can retire at age 55 without a benefit reduction. Retirement System and Tier Retirement Age for Full Benefit ERS Tiers 2, 3, 4 and 5 62 ERS Tier 6 63 PFRS Tiers 2, 3 and 5 62 PFRS Tier 6 …
https://www.osc.ny.gov/retirement/members/about-benefit-reductionsVendRep System Contract Search
… Detail" in the upper right corner. Back to top Change My Password Click "My Apps" in the upper right corner of any … and then select "User Profile" Click "Edit" button within Password section Enter Current Password Enter New Password Re-type New Password Click …
https://www.osc.ny.gov/state-agencies/contracts/vendrep-system-contract-searchState Agencies Bulletin No. 2134
… the end of June. However, although funds will be released for these agencies, direct deposit advices will not be mailed … 2023-24 State budget or a budget extender bill to provide for the continuing operation of State government. OSC will … provide updated information if funds are not available for the paycheck dated May 4, 2023, via the PayServ Bulletin …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2134-paycheck-distribution-may-4-2023-institution-cycle-paychecksState Agencies Bulletin No. 2133
… the end of June. However, although funds will be released for these agencies, direct deposit advices will not be mailed … 2023-24 State budget or a budget extender bill to provide for the continuing operation of State government. OSC will … provide updated information, if funds are not available for the paycheck dated April 26, 2023, via the PayServ …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2133-paycheck-distribution-april-26-2023-administration-cycle-paychecksState Agencies Bulletin No. 2130
… the end of June. However, although funds will be released for these agencies, direct deposit advices will not be mailed … 2023-24 State budget or a budget extender bill to provide for the continuing operation of State government. OSC will … provide updated information, if funds are not available for the paycheck dated April 20, 2023, via the PayServ …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2130-paycheck-distribution-april-20-2023-institution-cycle-paychecksCost-Saving Ideas: School District Auditing – Audit Committee
… as a separate advisory committee or a combination of the two a district resident or nonresident Who does not … employees or service providers (see Avoiding conflict of interest ) Resources "Audit Committee Charter Guidance [pdf]," Office of the State Comptroller (includes audit committee charter …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-school-district-auditing-audit-committeeVendor Responsibility Forms
… Part 1 and Part 2 ) (MS Word) or (PDF) VendRep System Forms Agency Notice of Intent to Participate in the VendRep … Authorizer available to establish the account. … Find forms for vendors and State agencies related to vendor …
https://www.osc.ny.gov/state-vendors/vendrep/vendor-responsibility-formsState Comptroller DiNapoli Releases School District Audits
… officials negotiated a change in the employee contracts to reduce the district’s share of health insurance costs for new … paid incorrectly for credit hours earned. Find out how your government money is spent at Open Book New York . Track …
https://www.osc.ny.gov/press/releases/2019/02/state-comptroller-dinapoli-releases-school-district-auditsState Agencies Bulletin No. 165
… clarify Payroll Office responsibilities for changes to the AC230 process and to address the problem of unrecovered …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/165-changes-salary-refund-process-ac-230sOpinion 2006-5
… §27(1) provides that the town board of each town “shall fix, from time to time, the salaries of all officers and … Section 27(1) further provides that the town board may not fix the salaries of certain listed elected officials in … board, pursuant to the authority in Town Law §27(1) to fix salaries of town officers and employees, may reasonably …
https://www.osc.ny.gov/legal-opinions/opinion-2006-5Straight Talk About Financial Planning For Your Retirement
… can be confident that when you are ready to retire, your pension will be there for you. Your retirement benefit is … and planning. You are a member of one of the largest pension systems in the world and your retirement benefit is … — Take a peek into the future — the retirement benefit calculator & benefit projections The retirement benefit …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementEfficiency of Warehouse Space
… during our audit scope and a reduction of 434,266 square feet. However, we also found: We could not determine the …
https://www.osc.ny.gov/state-agencies/audits/2020/01/03/efficiency-warehouse-spaceCost-Saving Ideas: Monitoring Health Insurance Premiums for Retirees
… also update any relevant personal information (marriage, divorce, changes in dependents, address or phone number …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-monitoring-health-insurance-premiums-retireesAbout Statement No. 68 – Governmental Accounting Standards Board
… for Pensions : Requires employers participating in state and local government pension plans to report their … in their financial statements, as well as pension expense and deferred inflows and outflows of resources. Has … financial statements along with an associated pension expense. If you prepare financial statements in accordance …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-68City of Yonkers – Budget Review (B18-6-6)
… Revenue estimates for metered water sales and income tax surcharge may not be achievable. The City will incur … additional debt and interest costs by bonding the cost of tax certiorari claims instead of financing them through the … the revenue estimates for metered water sales and income tax surcharge, and amend as necessary. Consider adjusting the …
https://www.osc.ny.gov/local-government/audits/city/2018/05/18/city-yonkers-budget-review-b18-6-6Comptroller DiNapoli Releases State Audits
… claims submitted by providers for services rendered to Medicaid-eligible recipients, and it generates payments to … in fees and penalties for the Public Work Enforcement Fund, the boiler inspection program and the asbestos … programming changes are logged, there is no indication of when these changes have been implemented, thereby reducing …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-releases-state-auditsTaxes and Your Pension
… Most NYSLRS pensions are subject to federal income tax. Your federal tax withholding is the amount of federal income tax withheld from your monthly pension payment. Your 1099-R tax form shows the … your pension pay stub . Effective January 1, 2023, NYSLRS does not withhold federal income tax from pension benefits …
https://www.osc.ny.gov/retirement/retirees/taxes-and-your-pensionTransferring or Terminating Your Membership
… or You transfer your membership to another public retirement system in New York State. If you previously were a … toward service credit requirements for vesting, and any disability or death benefit provided by your retirement plan, …
https://www.osc.ny.gov/retirement/members/transferring-or-terminating-your-membershipWeekly Investment Plan
… only and does not represent past or future performance of any specific investment. This calculator should not be the …
https://www.osc.ny.gov/retirement/resources/weekly-investment-planMore About This Retirement Plan – Police and Fire Plan
… plan summary describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System … benefits are provided by Sections 375-b and 375-c of the New York State Retirement and Social Security Law (RSSL) as …
https://www.osc.ny.gov/retirement/publications/1512/more-about-retirement-plan