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Leaves of Absence – Basic Plan with Increased-Take-Home-Pay (ITHP)
… for: Leaves of absence without pay; Authorized, unpaid medical leaves of absence; or Unpaid leave under the federal Family and Medical Leave Act. Workers’ Compensation Tier 1 members will …
https://www.osc.ny.gov/retirement/publications/1511/leaves-absenceLeaves of Absence – Career Plan
… for: Leaves of absence without pay; Authorized, unpaid medical leaves of absence; or Unpaid leave under the federal Family and Medical Leave Act. Workers’ Compensation Tier 1 members will …
https://www.osc.ny.gov/retirement/publications/1642/leaves-absenceLeaves of Absence – New Career Plan
… pay. Since service is usually not credited for any period of time you do not receive a salary, credit is not given for: … will usually receive up to one year of service credit per accident for time spent on Workers’ Compensation leave. Tier 2, 3, 5 and 6 members …
https://www.osc.ny.gov/retirement/publications/1515/leaves-absenceLeaves of Absence – Non-Contributory Plan with Guaranteed Benefits
… will usually receive up to one year of service credit per accident for time spent on Workers’ Compensation leave. Tier 2, 3, 5 and 6 members …
https://www.osc.ny.gov/retirement/publications/1513/leaves-absenceDiNapoli: Wall St. Profits Soared in First Half of 2020
… DiNapoli said. “Wall Street’s successful first half helps our state and city budgets because the securities … Long Island and 5 percent from Connecticut, followed by Westchester County at 4 percent (based on most recently available 2019 …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020Eligibility, the Benefit and Filing – Police and Fire Plan
… Tier 1 Members: You are eligible to retire at age 55. Tier 2 and 3 Members: You must have at least five years … early retirement with a reduced benefit between ages 55 and 62. Tier 5 and 6 Members: You must have at least five … early retirement with a reduced benefit between ages 55 and 62. 1 Regardless of tier, if you work for an employer …
https://www.osc.ny.gov/retirement/publications/1512/eligibility-benefit-and-filingState Agencies Bulletin No. 1709
… Affected Employees Employees who are Tier 6 members of ERS Plan Type 7Y and TRS Plan Type 7X Background In accordance with Chapter 368 of the Laws of 2018, the overtime cap increases each calendar year. The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1709-tier-6-pensionable-overtime-earnings-limit-calendar-year-2019-employeesState Agencies Bulletin No. 1699
… agencies that the pensionable overtime earnings limit for Tier 5 Employee Retirement System (ERS) and Tier 5 Teacher’s Retirement System (TRS) members for calendar … 2019 is $19,571.60 Affected Employees Employees who are Tier 5 members of ERS Plan Type 7Y and TRS Plan Type 7X …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1699-tier-5-pensionable-overtime-earnings-limit-calendar-year-2019-employeesLimitations – State Police Plan
… that exceed the limitation will not be included in your pension calculation. Tier 2 If the earnings in any year …
https://www.osc.ny.gov/retirement/publications/1518/final-average-earnings/limitationsState Agencies Bulletin No. 2141
… The purpose of this bulletin is to notify agencies of the 2023 pensionable overtime earnings limit for Tier 6 TRS … Effective beginning Administration paychecks dated July 5, 2023, and Institution paychecks dated July 13, 2023. OSC Actions: OSC will update PayServ to reflect the …
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. 2032
… Purpose The purpose of this bulletin is to notify agencies that the pensionable overtime earnings … limit for Tier 6 TRS members for school year 2022-2023 is $18,233.00. Affected Employees Employees who are Tier 6 … The purpose of this bulletin is to notify agencies that the pensionable overtime earnings …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2032-school-year-2022-2023-tier-6-pensionable-overtime-ot-earnings-limitState Agencies Bulletin No. 2089
… agencies that the pensionable overtime earnings limit for Tier 5 ERS and Tier 5 TRS members for calendar year 2023 is $22,028.01. Affected Employees Tier 5 members of ERS … agencies that the pensionable overtime earnings limit for Tier 5 ERS and Tier 5 TRS members for calendar year 2023 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2089-tier-5-pensionable-overtime-ot-earnings-limit-calendar-year-2023State Agencies Bulletin No. 2247
… 6 TRS members. Affected Employees: Tier 6 members of TRS Plan Type 86 are affected. Background: The OT limit for Tier … OT cap increases annually based on changes to the Consumer Price Index for the one-year period ending September 30 of … PayServ to reflect the pensionable OT earnings limit for plan year 2024 to $20,459 for Tier 6 TRS members. Questions: …
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-employeesDiNapoli: State Pension Fund Releases Annual Investment Return
… bonds and mortgages (21.53%), private equity (14.61%), real estate and real assets (13.39%) and credit, absolute return strategies …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnDiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… the New York State Common Retirement Fund’s investment return was 11.55% for the state fiscal year that ended March … real estate and real assets (12.77%) and credit, absolute return strategies and opportunistic alternatives (7.52%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is tied to …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24Electing the Section 383-e or 383-f Retirement Plan – Special 20- and 25-Year Plans
… IMPORTANT: Electing coverage under Section 383-e or 383-f is irrevocable and may not be beneficial for every member . Before submitting a plan election form, it’s important to speak with a NYSLRS … not listed as creditable above would be classified as. What is the deadline to elect one of these plans? For members …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/electing-section-383-e-or-383-f-retirement-planDiNapoli: Sales Tax Collections Growth Slowed in First Half of 2015
… being in the North Country, which saw a 2.5 percent drop. Also declining were the Southern Tier (1.2 percent), … decline was in Schoharie County, with a 6.1 percent drop. Allegany, Delaware, Lewis and Montgomery counties also … change. Hamilton and Washington counties also saw growth rates of more than 6 percent. Technical adjustments can …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-sales-tax-collections-growth-slowed-first-half-2015DiNapoli: Nine Million New Yorkers Employed, Highest Count Since 2008
… percent. Participation rates in the Capital Region and the Hudson Valley also topped 60 percent, followed by New York City; … figure. Read the report , or go to: http://osc.state.ny.us/reports/economic/labor-force-trends-nys-2017.pdf For …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-nine-million-new-yorkers-employed-highest-count-2008State Agencies Bulletin No. 1929
… to notify agencies that the pensionable overtime earnings limit for Tier 6 TRS members for school year 2021-2022 is … of TRS Plan Type 86 are affected. Background The OT limit for Tier 6 began in State fiscal year 2012-2013 at … will update PayServ to reflect the pensionable OT earning limit for 2021-2022 of $17,301 for Tier 6 TRS. Questions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1929-school-year-2021-2022-tier-6-pensionable-overtime-ot-earnings-limit