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Salary and Service: Keys to Retirement Benefits
… pension: How long you work and how much you earn. They are referred to as Service Credit and Final Average Earnings … members service credit and final average earnings FAE are two major factors that will determine the amount of their …
https://www.osc.ny.gov/retirement/members/salary-and-service-keys-retirement-benefitsRFQual #22-03 – Independent Medical Examiner Services (Individual Physicians)
… Request for Qualifications Issued by the Office of the State … as Administrative Head of the New York State and Local Retirement System (“NYSLRS” or the “System”) and as …
https://www.osc.ny.gov/procurement/rfqual-22-03DiNapoli Criticizes Ill-Conceived Presidential Executive Order
… protections. Along with the President's previous proposals to gut the Environmental Protection Agency's budget by 31 … air and water, this action would decimate 40 years of work to reduce pollution in America, pushing our country … of the rapidly developing global low carbon economy. "I will continue to stand-up and be vocal when this …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-criticizes-ill-conceived-presidential-executive-orderNYS Comptroller DiNapoli Seeks Answers From Companies on Sexual Harassment and Racial Discrimination
… P. DiNapoli, as trustee of the New York State Common Retirement Fund (Fund), has filed shareholder proposals with … harassment, and retaliation directed toward employees for years. Recently, Microsoft announced plans to acquire …
https://www.osc.ny.gov/press/releases/2022/02/nys-comptroller-dinapoli-seeks-answers-companies-sexual-harassment-and-racial-discriminationDiNapoli Calls on Aetna to Disclose Corporate Political Spending
… Thomas P. DiNapoli today urged Aetna Inc. to report the corporate funds it spends on political campaigns and … corporate political spending,” DiNapoli said. “We need to know whether Aetna is using our investment in ways that … a solicitation of authority to vote your proxy. Please DO NOT send us your proxy card, as it will not be accepted. … …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-calls-aetna-disclose-corporate-political-spendingOther Bulletin No. 31
… employees who meet the eligibility criteria by inserting a row on the employee’s Additional Pay page as shown below. The … Pay Period 3L, agencies are responsible for inserting a row on the Additional pay page at the Effective Date level of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-31-april-2016-state-university-construction-fund-scfOpinion 88-5
… reduction of benefits) PUBLIC OFFICERS AND EMPLOYEES -- Retirement Benefits (reduction of health insurance benefits) … power under an established health plan to reduce benefits for retirees and for persons eligible to retire but not yet retired. STATE …
https://www.osc.ny.gov/legal-opinions/opinion-88-5State Comptroller DiNapoli Statement on Expansion of Geneva-Based RealEats into New Facility
… York State Comptroller Thomas P. DiNapoli said. “The state pension fund has invested nearly $8 million in RealEats … investment returns so public workers can have a secure retirement.” Through its In-State Private Equity Investment Program, the New York State Common Retirement Fund partners with investment firms to invest in …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-dinapoli-statement-expansion-geneva-based-realeats-new-facilitySUNY Bulletin No. SU-173
… Purpose To notify SUNY agencies of the modified eligibility for the following 403(b) tax-sheltered annuity plan deductions: 404 Supplemental Retirement Annuity Program 408 SUNY TDA Fidelity 415 SUNY …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-173-expanded-eligibility-suny-403b-tax-sheltered-annuity-plansApplying for Previous or Military Service Credit – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 1 and 2 Members
… ERS Tier 1 2 Article 14B Sections 551 552 553 Applying for Previous or Military Service Credit …
https://www.osc.ny.gov/retirement/publications/1840/applying-previous-or-military-service-creditWestchester County Sisters Charged With Hiding Their Mother's Death to Steal From Retirement System
… the arrests of Annette Bigelow, 59, and Mary Nash, 58, for allegedly concealing their mother’s death to collect $21,694 in her retirement funds from 2013 to 2015. The two Westchester … with Grand Larceny in the Third Degree, a class D felony. "For two years after their mother's death, Annette Bigelow and …
https://www.osc.ny.gov/press/releases/2019/11/westchester-county-sisters-charged-hiding-their-mothers-death-steal-retirement-systemDiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care
… While pension costs are pre-funded and invested to help pay for these future benefits, most governments, including … for retiree health insurance and instead fund it on a “pay-as-you-go” basis or out of pocket. The funding mechanism … but there is a real cost to doing nothing and leaving the bill for future generations of taxpayers to cover. The …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposes-option-help-state-local-governments-pay-retiree-health-careComptroller DiNapoli & A.G. Schneiderman Announce Guilty Plea by New Jersey Man Resolving Allegations of Theft of Over $78,000 in New York State Pension Benefits
… to 7 years in prison. Fitzpatrick was originally charged for the alleged theft of $78,000 in pension benefits from the New York State and Local Employees Retirement System issued to his deceased godfather, Thomas … said Comptroller DiNapoli. “Now he will serve jail time for his actions. My initiative to fight fraud on the …
https://www.osc.ny.gov/press/releases/2015/11/comptroller-dinapoli-ag-schneiderman-announce-guilty-plea-new-jersey-man-resolving-allegations-theftProperty Tax Cap How to Calculate Retirement Exclusions
Learn How to Calculate Retirement Exclusions From Example
https://www.osc.ny.gov/files/local-government/property-tax-cap/pdf/exclusion_example.pdfState Agencies Bulletin No. 1495
… automatic processing of the April 2016 PEF LLS payment for newly eligible employees and to provide instructions for … was previously upward reallocated and whose salary upon application of the October 2015 or April 2016 PEF Performance … Earnings mailbox. Questions regarding deductions and retirement may be directed to the Payroll Deduction mailbox. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1495-april-2016-public-employees-federation-pef-longevity-lump-sum-llsUnified Court System Bulletin No. UCS-276
… Purpose To inform agencies of the new Additional Pay Earnings Code for the UCS Security … 86 Court Officers Benevolent Association of Nassau County DR Suffolk County Court Employees … Court Officers Association SY Background Chapter 71 of the Laws of 2018, which implemented the various agreements …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-276-new-earnings-code-unified-court-systems-ucs-security-and-lawDiNapoli Announces State Contract and Payment Actions for May 2016
… waste or other improprieties. Cumulatively through May for calendar year 2016, DiNapoli’s office has approved 7,918 … financial officer, DiNapoli’s office reviews contracts for all state agencies and certain state public authorities … Office of Employee Relations $57.5 million with Nationwide Retirement Solutions to administer the state’s Deferred …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-announces-state-contract-and-payment-actions-may-2016State Agencies Bulletin No. 1755
… Purpose To provide agencies with instructions for processing the 2018-2019 Pilot Firearms Training and … be eligible to receive an incentive payment in return for participating in an agency-directed training program … Goal Balance: Leave blank Overtime Calculation and Retirement Information The Pilot Firearms Training and Safety …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1755-2018-2019-public-employees-federation-pef-pilot-firearms-training-andState Agencies Bulletin No. 1578
… Purpose To provide agencies with instructions for processing the 2016-2017 Pilot Firearms Training and … be eligible to receive an incentive payment in return for participating in an agency-directed training program … Goal Balance: Leave blank Overtime Calculation and Retirement Information The Pilot Firearms Training and Safety …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1578-2016-2017-public-employees-federation-pef-pilot-firearms-training-andState Agencies Bulletin No. 1656
… Purpose To provide agencies with instructions for processing the 2017-2018 Pilot Firearms Training and … be eligible to receive an incentive payment in return for participating in an agency-directed training program … Goal Balance: Leave blank Overtime Calculation and Retirement Information The Pilot Firearms Training and Safety …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1656-2017-2018-public-employees-federation-pef-pilot-firearms-training-and