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Withdrawing Your Contributions and/or Your Membership – Coordinated Plan for ERS Tier 6 Members
Coordinated Plan information for ERS Tier 6 members under Article 15 Withdrawing Your Contributions andor Your Membership
https://www.osc.ny.gov/retirement/publications/1530/withdrawing-your-contributions-andor-your-membershipWithdrawing Your Contributions and/or Your Membership – Coordinated Plan For ERS Tier 5 Members
Coordinated Plan information for ERS Tier 5 members under Article 15 Withdrawing Your Contributions andor Your Membership
https://www.osc.ny.gov/retirement/publications/1523/withdrawing-your-contributions-andor-your-membershipWithdrawing Your Contributions and/or Your Membership – Coordinated Plan For ERS Tier 3 and 4 Members
Coordinated Plan information for ERS Tier 3 and 4 members under Articles 14 and 15 Withdrawing Your Contributions andor Your Membership
https://www.osc.ny.gov/retirement/publications/1522/withdrawing-your-contributions-andor-your-membershipOpinion 95-19
… This opinion represents the views of the Office of the State Comptroller at the time it was … AND NOTES -- Improper Uses (prepayment of certain employer retirement contributions which were previously paid) CITIES … RETIREMENT AND SOCIAL SECURITY LAW, §§317-a, 323(1)(b): A city which has previously prepaid to the State Policemen's …
https://www.osc.ny.gov/legal-opinions/opinion-95-19Overtime Limits – Enhanced Reporting
… For members of Tiers 5 and 6, New York State Retirement and Social Security Law limits the amount of overtime pay included in the calculation of pension benefits. Overtime limits differ for the …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/overtime-limitsState Agencies Bulletin No. 1706
… 403 (b) plan will be reported in Box 12 on the employees Form W-2. Questions Questions regarding this bulletin can be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1706-new-deferred-compensation-eligibility-division-military-and-navalLife Changes: Membership in a Nutshell
… of your loved ones. Whether you are just joining NYSLRS or have been a member for a number of years, this booklet will … any questions you may have. Please feel free to call on us. Sincerely, Thomas P. DiNapoli State Comptroller … goal. Mandatory Contributions Most Tier 1 and 2 members do not contribute. Since October 1, 2000, Tier 3 and 4 …
https://www.osc.ny.gov/retirement/publications/life-changes-membership-nutshellState Agencies Bulletin No. 2091
… 2023. An additional deferment is also available to CUNY (NYT TDA code 414 only) employees qualifying for the 15year … 403 CUNY 403(b) Plan 413 NBE Tax Deferred Annuity 414 NYT Tax Deferred Annuit 703 CUNY After Tax 403(b) Plan SUNY …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2091-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 2185
… These employees may defer up to $7,500 of age 50 catch-up contributions in addition to their regular contribution … year 2024. PayServ will automatically stop SRA/TDA contributions when an employee reaches the maximum annual … on the criteria mentioned in ‘ Background’ section above. Contributions resume the first paycheck of the following …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2185-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaState Agencies Bulletin No. 1976
… 2022. An additional deferment is available to employees age 50 and over. These employees may defer up to $6,500 of age 50 catch-up contributions in addition to their regular … Terminate on Coverage Election panel. Employees over the age of 50, or turning 50 within the calendar year, will have …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1976-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaComptroller DiNapoli Releases School Audits
… Thomas P. DiNapoli today announced the following school district audits have been issued. DeRuyter Central School … – Payroll (Dutchess County) Auditors found 11 retirees received payments they were not eligible for (totaling … government money is spent at Open Book New York . Track municipal spending, the state's 160,000 contracts, billions …
https://www.osc.ny.gov/press/releases/2019/12/comptroller-dinapoli-releases-school-auditsService Credit for Tiers 2 through 6
… refers to any period of time during which you received salary from an employer before the employer elected to … about military service credit, including eligibility and application requirements under the different statutes of law, … leave the payroll, you must make payment within 30 days of notification. Note: If your purchased service brings your …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6State Agencies Bulletin No. 1275
… Service (IRS) ruling dated July 9, 2013 states mandatory contributions made by PFRS members in Tier 3, 5 and 6 be … of Federal taxes. Effective October 1, 2013, the mandatory contributions made by Tier 3, 5 and 6 PFRS members will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1275-new-deduction-code-616-paf-retirement-tax-paf-btx-and-new-deduction20-Year Benefit (Section 384-d) – Special 20- and 25-Year Plans
… exceed 50 percent of your FAE. If you made voluntary contributions to PFRS, your benefit will also include an annuity purchased by your contributions (plus interest earned). If you are age 55 or …
https://www.osc.ny.gov/retirement/publications/1517/20-year-benefit-section-384-dDiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… performed well over the past year despite the challenges in the market,” DiNapoli said. “We achieved a solid return on investments in the midst of global volatility thanks to our talented … The Fund is the third-largest public pension fund in the country and remains one of the nation’s best-managed …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionEarnings Limits – Enhanced Reporting
… 401(a)(17) limits the earnings used in the calculation of pension benefits. The amount is set by federal law and periodically adjusted for inflation. Refer to the table …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/earnings-limitsState Agencies Bulletin No. 2084
… for any part of 2022 in an annuity account described in IRC Section 403(b) – applicable only to employees of SUNY, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2084-retirement-plan-checkbox-form-w-2-wage-and-tax-statement-tax-year-2022State Agencies Bulletin No. 2167
… Education Department agencies must carefully review the payroll records of rehired retirees to confirm that the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2167-retirement-plan-checkbox-form-w-2-wage-and-tax-statement-tax-year-2023State Agencies Bulletin No. 1961
… Education Department agencies must carefully review the payroll records of rehired retirees to confirm that the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1961-retirement-plan-checkbox-form-w-2-wage-and-tax-statement-tax-year-2021State Agencies Bulletin No. 1862
… Education Department agencies must carefully review the payroll records of rehired retirees to confirm that the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1862-retirement-plan-checkbox-w-2-wage-and-tax-statement-tax-year-2020