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State 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. 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-employeesState Agencies Bulletin No. P-977
Deferred Comp Maximum Contribution Increase
https://www.osc.ny.gov/files/state-agencies/payroll-bulletins/pdf/agencies-p-977.pdfState Agencies Bulletin No. 1884
… Purpose The purpose of this bulletin is to notify agencies that the pensionable overtime earnings … January 14, 2021. OSC Actions OSC will update PayServ to reflect the pensionable overtime earnings limit for 2021 … Questions regarding this bulletin may be directed to the Payroll Retirement mailbox. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1884-tier-5-pensionable-overtime-earnings-limit-calendar-year-2021-employeesState 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-limitCredit for Previous or Military Service – New Career Plan
… You may be able to obtain credit for your previous public employment or military service. It … Before Your Date of Membership You may receive credit for working for a participating employer before you joined … of your military service. To determine your eligibility and the cost, if any, please send us a copy of your …
https://www.osc.ny.gov/retirement/publications/1515/credit-previous-or-military-serviceState Agencies Bulletin No. 1795
… agencies that the pensionable overtime earnings limit for Tier 6 New York City Employee Retirement System (7U), New … and New York City Education Board Retirement System (7T) for the 2020 plan year is $17,067.00. Affected Employees Tier 6 NYCERS, NYCTRS, and NYCBERS members eligible for overtime compensation and/or limited to the Governor’s …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1795-2020-tier-6-ot-limit-and-plan-year-changes-nyc-retirement-systemsOvertime Compensation – Legacy Reporting
… report information about employees through Retirement Online including their earnings the number of days they …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/overtime-compensationDeath Benefits
… Your beneficiary information is listed in your Retirement Online account and on your Member Annual Statement. Be sure … mail information about death benefits, and any needed forms, to your beneficiaries. For more information, read … Tier Ordinary Death Benefit Employees’ Retirement System (ERS) Tiers 2, 3, 4, 5 and 6 Your last year’s earnings …
https://www.osc.ny.gov/retirement/members/death-benefitsDiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… cash, bonds, and mortgages (23%), private equity (14.9%), real estate and real assets (14.1%) and credit, absolute return strategies, …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25Forms
… as either your primary or contingent beneficiary. This form is for active members only. If you are retired and … you should use the Pensioner’s Designation of Beneficiary form (RS6439) . (RS5127-T, Rev. 4/22) (Return to Top) … notifications for important documents . Change of Address Form To change your mailing address, email address and phone …
https://www.osc.ny.gov/retirement/formsState Agencies Bulletin No. 1625
… members for calendar year 2018 is $19,001.55. Background In accordance with Chapter 504 of the Laws of 2009, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1625-tier-5-pensionable-overtime-earnings-limit-calendar-year-2018-employeesCredit for Previous or Military Service – Regional State Park Police Plan
… You may be able to obtain credit for your previous public employment or military service. It … Before Your Date of Membership You may receive credit for working for a participating employer before you joined … of your military service. To determine your eligibility and the cost, if any, please send us a copy of your …
https://www.osc.ny.gov/retirement/publications/1867/credit-previous-or-military-serviceVested Retirement Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Basic Plan with Increased TakeHome Pay information for PFRS Tier 1 2 3 Article 11 5 and 6 under …
https://www.osc.ny.gov/retirement/publications/1511/vested-retirement-benefitState Agencies Bulletin No. 1566
… Purpose To notify agencies of the 2017 maximum salary limit for members of TIAA (Plan Type 7Z) in Tier 6. … under qualified retirement plans, the annual compensation limit under Section 401(a), 404(I), 408 (k) (3) (C), and 408 … OSC will update PayServ to reflect the Maximum Salary Limit for 2017 Calendar Year. PayServ will automatically stop …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1566-maximum-salary-limit-teachers-insurance-and-annuity-tiaa-retirementVested Retirement Benefit – State Police Plan
… 55th birthday. Tier 5 — your 55th birthday. Tier 6 — your 63rd birthday. The Benefit Your vested retirement benefit is …
https://www.osc.ny.gov/retirement/publications/1518/vested-retirement-benefitDiNapoli: Moderate Growth in Local Sales Tax Collections for First Half of 2017
… Local sales tax collections across New York grew 3.3 percent in the first … billion during the same period last year. "Local sales tax growth across the state is welcome news, especially for … with tough economic conditions," DiNapoli said. "Sales tax, however, can be a volatile source of revenue and local …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-moderate-growth-local-sales-tax-collections-first-half-2017DiNapoli: 33 School Districts Reported in Fiscal Stress
… fiscal stress, each district should address these problems today,” said DiNapoli. “My Fiscal Stress Monitoring System … for school districts. The FSMS scores and report released today summarizing common trends among school districts are …
https://www.osc.ny.gov/press/releases/2020/01/dinapoli-33-school-districts-reported-fiscal-stressComparison of ERS Benefits
… April 1, 2012 and after Vesting After earning 5 years of service credit. Employee Contributions 3% of gross salary … contribute 4% for all years of public service. See Tier 5 Member Contributions. 3% – 6% based on annual earnings. … whose contributions are limited to 30 years). See Tier 6 Member Contributions. Retirement Age Full benefits at age 62. …
https://www.osc.ny.gov/retirement/employers/comparison-ers-benefitsCredit for Previous or Military Service – Article 14 Benefits
… You may be able to obtain credit for your previous public employment or military service. It … member. Military Service You may be able to receive credit for some or all of your military service. To determine your eligibility and the cost, if any, please send us a copy of your …
https://www.osc.ny.gov/retirement/publications/1644/credit-previous-or-military-service