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Member E-News Archive — 2023
… Sign up to make sure you receive the latest Retirement System …
https://www.osc.ny.gov/retirement/publications/member-e-news-archive-2023Enrolling Members – Membership and Enrollment
… and contribution rate, so deductions can begin on time. Sign in to Retirement Online . From your Account Homepage, click … should be initialed. Beneficiary Designations for New Employees: Once the employee is enrolled and they have a …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/enrolling-membersState Police Bulletin No. SP-229
… Purpose The purpose of this bulletin is to inform the Division of the State Police of OSC’s automatic … any eligible subsequent rows. Maintenance Allowance (MTA) OSC will automatically insert a row to update the … in BU62 receiving Maintenance Allowance. Earnings Code: MTA Effective Date: 03/31/2022 (Administration) OT Eff Date: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-229-april-2022-implementation-location-pay-certain-counties-and-increasesNYSLRS Announces Employer Contribution Rates for SFY 2026-27
… Thomas P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System … Fiscal Year (SFY) 2026-27. Employers’ average contribution rates will increase from 16.5% to 17.6% of payroll for the … plan combinations. In the SFY that ended March 31, 2025, NYSLRS paid out nearly $16.8 billion in benefits. …
https://www.osc.ny.gov/press/releases/2025/09/nyslrs-announces-employer-contribution-rates-sfy-2026-27Draft a DRO Using the NYSLRS Template – Divorce and Your Benefits
… All Domestic Relations Orders (DROs) are subject to review and … a DRO is drafted. DRO proposals may be prepared using the Domestic Relations Order (DRO) template, which has been developed by NYSLRS with guidance from the NYSLRS legal counsel. The template will generate a customized …
https://www.osc.ny.gov/retirement/members/divorce/draft-dro-using-nyslrs-templateDisability Benefits
… NYSLRS provides a disability retirement benefit for members … for the rest of your life. Here are the basic types of NYSLRS disability benefits (you may apply for more than one type). … Important facts members need to know about disability retirement benefits from the New …
https://www.osc.ny.gov/retirement/members/disability-benefitsMember & Retiree E-News Archive — 2024
… Sign up to make sure you receive the latest Retirement System … Coming Soon: Make Sure Your Contact Information is Up to Date Update Your Contact Information Schedule a Change … of Address Get Your 1099-R and Statement Sooner with Email Notifications September 2024 Members Manage Your …
https://www.osc.ny.gov/retirement/publications/member-retiree-e-news-archive-2024Update Your Contact Information
… NYSLRS has your current mailing address, phone number and email address. That way you’ll be sure to receive the tax … way to view and update your contact information. Sign in to Retirement Online. Look under My Profile … members and retirees to keep their contact information up to date to ensure that they receive news correspondence …
https://www.osc.ny.gov/retirement/update-your-contact-informationPreparing and Applying for Retirement
… of pension and retirement benefits must be stated in the form of a Domestic Relations Order (DRO) —a court order … current to ensure you receive the tax information, news, correspondence and statements we send you. Get email … articles on a variety of retirement topics. Sign up for E-News to get our monthly email newsletter right in your inbox. …
https://www.osc.ny.gov/retirement/members/preparing-and-applying-for-retirementDiNapoli: NYC Metro Transportation Costs Rose 56% Over Past Decade, Slower Than Other Major Areas
… and 2022-23, less than in the Los Angeles, Miami and San Francisco metropolitan areas according to a report … 201213 and 202223 less than in the Los Angeles Miami and San Francisco metropolitan areas according to a report …
https://www.osc.ny.gov/press/releases/2024/09/draft-dinapoli-nyc-metro-transportation-costs-grew-slower-other-major-cities-still-rose-29-percentAccess-A-Ride Accident Claims
… Ensure all carriers are in compliance with contract accident reporting requirements. Ensure that carriers' drug …
https://www.osc.ny.gov/state-agencies/audits/2014/04/24/access-ride-accident-claimsRepaying Your NYSLRS Loan after Retirement
… System (ERS) retirees who retired with an outstanding loan to repay that loan and increase their pension. Retirees … reduced each month, but that monthly reduction does not go toward repaying your outstanding loan balance. In order to … date; it will only apply to pension payments going forward after your loan is paid in full. It may take some time to …
https://www.osc.ny.gov/retirement/retirees/repaying-your-nyslrs-loan-after-retirementPartial Lump Sum Payment at Retirement – Divorce and Your Benefits
… benefit as a Partial Lump Sum (PLS) payment at retirement, in exchange for a permanently reduced monthly pension …
https://www.osc.ny.gov/retirement/members/divorce/partial-lump-sum-payment-retirementSUNY Bulletin No. SU-234
… (ERS). Chapter 561 of the Laws of 2015 amends Section 1, Subdivision 11 of Section 302 of the Retirement and Social … deduction codes: 616 – PAF Retirement Before Tax 617 – PAF Retirement After Tax 618 – PAF Arrears Before Tax … may be directed to the Retirement System Call Center at 1-866-805-0990. Questions regarding eligible titles may be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-234-state-university-police-officer-eligibility-police-andMitigation for Extreme Weather Conditions and Flooding
… risks to its system from extreme weather conditions and flooding and developed plans to mitigate their effects. … Severe weather includes thunderstorms, tornadoes, hail, lightning, floods, damaging winds, and winter weather. … Additionally, hurricane season can bring high winds, heavy rain, and lightning, which can result in mudslides, fallen …
https://www.osc.ny.gov/state-agencies/audits/2024/03/13/mitigation-extreme-weather-conditions-and-floodingElwood Union Free School District – Electronic Transfers (2014M-133)
… of our audit was to evaluate the District’s controls over electronic transfers for the period July 1, 2012 through … policies, procedures or Board resolutions to govern electronic transfers. As a result, the Treasurer and a …
https://www.osc.ny.gov/local-government/audits/school-district/2014/07/11/elwood-union-free-school-district-electronic-transfers-2014m-133Operational Training and Medical Assessments of Train Crews (Follow-Up)
… Objective To determine the extent of implementation of the five … Employees new to the TO and Conductor positions must go through Induction Training, where they learn how to operate trains in revenue and …
https://www.osc.ny.gov/state-agencies/audits/2019/11/19/operational-training-and-medical-assessments-train-crews-followDiNapoli: Port Authority Falling Short of Compliance With Americans With Disabilities Act
… access at some facilities run by the Port Authority of New York and New Jersey (PANYNJ), according to an audit … with Disabilities Act (ADA) defines disability as a physical or mental impairment that substantially limits one or more of an individual’s major life activities and provides people with disabilities the …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-port-authority-falling-short-compliance-americans-disabilities-actLife Changes: What If I Work After Retirement?
… Educational Services (BOCES) is suspended through June 30, 2027 (May 2025 legislation extended the date from 2025 to … law in December 2019. Prior to the new law, the limit was $30,000. Understanding Section 212 How It Affects Your …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-work-after-retirementWhat is a Defined Benefit Plan?
… by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … plan, the employer, employee or both make contributions to an individual retirement account, and the money in the … may pay a set amount; or they may “match” all or part of what an employee contributes. Investments Contributions from …
https://www.osc.ny.gov/retirement/members/defined-benefit-plan