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Electing the Section 383-e or 383-f Retirement Plan – Special 20- and 25-Year Plans
… beneficial to all eligible members. Before submitting an election form, we strongly recommend you speak with a NYSLRS … title as of July 1, 2025 , the deadline to elect is June 30, 2026 . For members who transfer or are promoted into an …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/electing-section-383-e-or-383-f-retirement-planState Agencies Bulletin No. 330
… Military Leave Statue categories during the program year will be considered in full pay status for the purpose of the … for Productivity Gain Exchange Options. The agency will no longer be allowed to click the "OK to Pay " when the … the agency is responsible for completing forms RS-2050 and RS-2050A for all employees whose regular check was …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/330-additional-eligibility-criteria-and-information-regarding-2002What Not to Report – Legacy Reporting
… PFRS (15 percent of regular salary) members Overtime which is paid by private, non-governmental entities Payments made … 125 of the Internal Revenue Code: “…by an employee who is a participant in the New York State and Local Employees’ … thereto, any salary reduction elected by an employee who is a participant in the New York State and Local Police and …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-not-reportEstimated Invoice
… to Top) When Graded Payments are Required or When You Can Amortize 1 The Contribution Stabilization Program (CSP) … which reduces both the total amount due and the amount you can amortize. If your Reserve Fund contained more funds than … Retirement Online Troubleshooting from the dropdown). You can also call 866-805-0990 (press 1 to access the employer …
https://www.osc.ny.gov/retirement/employers/estimated-invoiceAvailable Options – New Career Plan
… basic retirement benefit. It provides the maximum benefit payment to you each month for the rest of your life. Under … your death. Pop-Up/Joint Allowance — Full or Half* These options will provide you with a reduced monthly benefit for … your needs, we will consider written requests for other payment methods. These requests must be outlined in detail by …
https://www.osc.ny.gov/retirement/publications/1515/available-optionsAvailable Options – Career Plan
… basic retirement benefit. It provides the maximum benefit payment to you each month for the rest of your life. Under … your death. Pop-Up/Joint Allowance — Full or Half* These options will provide you with a reduced monthly benefit for … your needs, we will consider written requests for other payment methods. These requests must be outlined in detail by …
https://www.osc.ny.gov/retirement/publications/1642/available-optionsAvailable Options – Non-Contributory Plan with Guaranteed Benefits
… It provides the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … option will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your … option will provide you with a reduced monthly benefit for your lifetime. It guarantees that if you die before …
https://www.osc.ny.gov/retirement/publications/1513/available-optionsAvailable Options – Police and Fire Plan
… basic retirement benefit. It provides the maximum benefit payment to you each month for the rest of your life. Under … your death. Pop-Up/Joint Allowance — Full or Half* These options will provide you with a reduced monthly benefit for … your needs, we will consider written requests for other payment methods. These requests must be outlined in detail by …
https://www.osc.ny.gov/retirement/publications/1512/available-optionsAvailable Options – Basic Plan with Increased-Take-Home-Pay (ITHP)
… retirement benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under … your death. Pop-Up/Joint Allowance — Full or Half* These options will provide you with a reduced monthly benefit for … your needs, we will consider written requests for other payment methods. These requests must be outlined in detail by …
https://www.osc.ny.gov/retirement/publications/1511/available-optionsAvailable Options – Regional State Park Police Plan
… It provides the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … option will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your … option will provide you with a reduced monthly benefit for your lifetime. It guarantees that if you die before …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsAvailable Options – State University Police Plan
… It provides the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … option will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your … option will provide you with a reduced monthly benefit for your lifetime. It guarantees that if you die before …
https://www.osc.ny.gov/retirement/publications/1823/available-optionsAvailable Options – Forest Rangers Plan
… 0) This is the basic retirement benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … option will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your …
https://www.osc.ny.gov/retirement/publications/1864/available-optionsAlternate Contribution Stabilization Program
… paying early. Graded payments will first be used to pay off existing amortizations. If all amortizations have been … payment schedule. You can save on interest costs by paying off amortizations ahead of schedule. To calculate a payoff … decrease by only 0.5 percent. More of the savings from the drop in rates will be used to pay off earlier deferrals. If …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programAmazon Shareholders Urged To Support Audit of Company’s Policies on Racial Inclusion
… Comptroller Thomas P. DiNapoli today released a statement on behalf of the New York State Common Retirement Fund (Fund) … in advance of the company’s annual shareholders’ meeting on May 26, 2021. The statement calls on shareholders to vote for the Fund’s shareholder proposal …
https://www.osc.ny.gov/press/releases/2021/05/amazon-shareholders-urged-support-audit-companys-policies-racial-inclusionPension Contribution Rates to Decrease for Fiscal Year 2015-16
… Employer contribution rates for the New York State and Local Retirement System … has delivered another decline in employer contribution rates,” DiNapoli said. “The effects of the 2008 financial … increased from 88.7 percent to 92.2 percent. Employer rates are determined based on actuarial assumptions …
https://www.osc.ny.gov/press/releases/2014/09/pension-contribution-rates-decrease-fiscal-year-2015-16Annual Employer Contributions – Employer Contributions and Rates
… in November, we provide your final annual invoice . The 2027 invoice (next year’s invoice for the payment due February 1, 2027) will use: The employees’ earnings reported to NYSLRS by … we provide a projected invoice as a budgeting tool for the 2027 invoice. Because employees’ earnings have not yet been …
https://www.osc.ny.gov/retirement/employers/contributions/annual-employer-contributionsAnnual Invoice
… Overview Your annual invoice is provided at the beginning of November. If you have the Billing Security Role, we notify you when your invoice is available in Retirement Online . Payment for your annual invoice is due by February … Viewing Your Annual Invoice Sign in to Retirement Online . From Account Homepage, click Access Billing …
https://www.osc.ny.gov/retirement/employers/annual-invoiceLife Changes: Applying for Disability Retirement
How NYSLRS members should file for a disability retirement benefit and the steps we take to process your application.
https://www.osc.ny.gov/files/retirement/publications/pdf/1802-applying-for-disability-retirement.pdfAutomated Phone Service
… Below is a list of the phone menu options available to NYSLRS members. You can hear certain account information and general information, and request forms 24 hours a day, seven days a week. … Members can access certain records and general retirement information quickly and easily by …
https://www.osc.ny.gov/retirement/members/automated-phone-service25-Year Benefit (Section 384) – Special 20- and 25-Year Plans
… Eligibility You will be eligible to retire with 25 or more years of creditable service, … service, as specified by the RSSL. Note: This benefit is not available to Tier 3 members whose employers offer a one-year FAE. The …
https://www.osc.ny.gov/retirement/publications/1517/25-year-benefit-section-384