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State Agencies Bulletin No. 2256
… the April 2023 and 2024 retroactive increases to Location Pay, Supplemental Location Pay, Inconvenience Pay, and … which implemented the 2023-2026 Agreement between the State of New York and PBANYS, provides for an increase to Location Pay, Supplemental Location Pay, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2256-april-2023-and-2024-retroactive-increases-location-pay-supplementalPower of Attorney
… Overview The NYSLRS Special Durable Power of Attorney (POA) document allows someone else, referred to as the “agent,” (for example, a trusted friend or family member) to act on your behalf … For example, your agent could ask for details about your pension payments, get help completing a loan application or …
https://www.osc.ny.gov/retirement/members/power-attorneyState Agencies Bulletin No. 671
… does not include amounts paid or expenses incurred by the employer for educational assistance to the employee if … benefits received from a qualified program provided by an employer applies to both graduate and undergraduate … required to have for employment; or Is expressly required by the employer or is legally required in order to retain an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/671-educational-assistance-benefitsUnified Court System Bulletin No. UCS-140
… Purpose To explain processing of the Prepaid Legal Service Benefit … for tax purposes for the 2008 calendar year. Background In accordance with the Internal Revenue Code, it is required … dated November 26, 2008, and for whom the benefit was not applied in October. Agency Actions Notify affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-140-prepaid-legal-service-benefit-unified-court-system-uscDivorce – Special 20- and 25-Year Plans
… COLA. Any such division of your benefits must be stated in the form of a domestic relations order (DRO), which is a …
https://www.osc.ny.gov/retirement/publications/1517/divorceRetiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… reduced by the percentages shown below. The percentage of the benefit reduction is prorated based on your exact age at retirement. Age at Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It …
https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62Operational Advisory No. 18
… System (CAS) is returned by a vendor that is not in the Vendor File. A Single Payment Vendor issues its own …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/18-refund-appropriation-roa-vendor-ids-accounts-payableDiNapoli Honored with National Leadership Award
… DiNapoli’s management of the New York State Common Retirement Fund, the creation of the Fiscal Stress Monitoring …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-honored-national-leadership-awardState Agencies Bulletin No. 2257
… York and PBANYS, provides for April 2023 and April 2024 salary increase and increases to certain additional payments. Since … for all earnings reported in a single entry based on the salary in effect on the Earnings End Date. For employees who …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2257-april-2023-and-april-2024-retroactive-increases-premium-overtimeAdministrative Hearings
… by Retirement and Social Security Law, you will be denied benefits. You have four months to appeal a Final …
https://www.osc.ny.gov/retirement/members/administrative-hearingsUnified Court System Bulletin No. UCS-226
… the Job Data page and the Position Data page are not equal FIS Missing – if the increment code on the employee’s Job Data page is 0004, 0006 or 0416 and the FIS Amount field is blank FIS At or Below Current – if the increment code on the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-226-april-2016-state-new-york-unified-court-system-ucs-incrementsUnified Court System Bulletin No. UCS-237
… the Job Data page and the Position Data page are not equal FIS Missing – if the increment code on the employee’s Job Data page is 0004, 0006 or 0417 and the FIS Amount field is blank FIS At or Below Current – if the increment code on the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-237-april-2017-state-new-york-unified-court-system-ucs-incrementsAutomated Phone Service
… Below is a list of the phone menu options available to NYSLRS retirees. Many of the … to enter the last four digits of your Social Security number and your date of birth. We need this information to … correspond to the numbers you will need to press on your phone for information. In most cases, if you are a retiree or …
https://www.osc.ny.gov/retirement/retirees/automated-phone-serviceImportant Filing Reminders – Enhanced Reporting
… the first time, you need to submit it in a regular monthly report. Once you submit a member’s data in a regular monthly … any subsequent data for that member, submit it as an adjustment. Multiple regular reports in a month are … as long as they report different members. If you submit an Adjustment Report form (RS2050) , sign the certification …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/important-filing-remindersRetiring Before Age 62 – Police and Fire Plan
… reduced by the percentages shown below. The percentage of the benefit reduction is prorated based on your exact age at retirement. Age at Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It …
https://www.osc.ny.gov/retirement/publications/1512/retiring-age-62Violating the Terms of a DRO – Divorce and Your Benefits
… to elect a specific pension payment option and name the ex-spouse as beneficiary, the terms of that DRO will supersede … be recalculated. Any overpayments made to the member and ex-spouse (if applicable) prior to the recalculation must be …
https://www.osc.ny.gov/retirement/members/divorce/violating-terms-droDiNapoli Announces New Corporate Agreement to Disclose Political Spending
… majority shareholder support for the New York State Common Retirement Fund’s (the Fund) shareholder resolution. The Fund holds …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-announces-new-corporate-agreement-disclose-political-spendingNYS Comptroller DiNapoli Announces Coal Investments Under Review
… taking steps to transition to a more sustainable business model in line with the growing low carbon economy. The review … assessed are companies’ efforts to align their business model with the Paris Agreement’s goals by: reducing capital … strategy to address both the serious climate-related investment risks that all investors must address and the …
https://www.osc.ny.gov/press/releases/2020/01/nys-comptroller-dinapoli-announces-coal-investments-under-reviewDiNapoli: State Pension Fund Calls on Companies to Address Climate Risk, Transition to Cleaner Operations
… The New York State Common Retirement Fund (Fund) has reached agreements with five major …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-state-pension-fund-calls-companies-address-climate-risk-transition-cleaner-operationsDiNapoli Calls on Aetna to Disclose Corporate Political Spending
… payments made to any organization that writes and endorses model legislation. In addition to Aetna, the Fund’s proposal …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-calls-aetna-disclose-corporate-political-spending