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State Agencies Bulletin No. 1973
… agencies that the pensionable overtime earnings limit for Tier 5 ERS members for calendar year 2022 is $21,386.41. Affected Employees Employees who are Tier 5 members of ERS Plan Type 87 are affected. Background … overtime earnings limit for 2022 of $21,386.41 for Tier 5 ERS members. Questions Questions regarding this …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1973-tier-5-pensionable-overtime-earnings-limit-calendar-year-2022-employeesState Agencies Bulletin No. 1791
… agencies that the pensionable overtime earnings limit for Tier 5 Employee Retirement System (ERS) members for calendar … 2020 is $20,158.75. Affected Employees Employees who are Tier 5 members of ERS Plan Type 7Y are affected. Background …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1791-tier-5-pensionable-overtime-earnings-limit-calendar-year-2020-employeesState Agencies Bulletin No. 2294
… earnings limit for Tier 5 ERS members for calendar year 2025 is $23,369.51. Affected Employees: Employees who are … Effective Administration paychecks beginning January 9, 2025 and Institution paychecks beginning January 15, 2025. … Questions regarding this bulletin may be directed to the Payroll Retirement mailbox. … The purpose of this bulletin is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2294-tier-5-pensionable-overtime-ot-earnings-limit-calendar-year-2025Vested Retirement Benefit – Career Plan
… age, you will be entitled to a retirement benefit based on your service and salary earned when you were an active … Benefit section . The vested retirement benefit is payable for your lifetime. You may elect one of several … to a designated beneficiary of your choosing after your death. Filing To receive your vested retirement benefit at …
https://www.osc.ny.gov/retirement/publications/1642/vested-retirement-benefitVested Retirement Benefit – New Career Plan
… provisions of the retirement plan that you were covered by in your last public employment determine the vested benefit. …
https://www.osc.ny.gov/retirement/publications/1515/vested-retirement-benefitThe Age 60 Plan – 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 members under Sections 370a 371a and 375 The Age 60 Plan
https://www.osc.ny.gov/retirement/publications/1511/age-60-planElection Form for Coverage Under Article 22 (Tier 5) in Accordance with Chapter 263 of the Laws of 2016 (RS5536)
To elect coverage under Article 22 (Tier 5), PFRS Tier 3 members use form RS5536.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs5536.pdfState Agencies Bulletin No. 1885
… overtime earnings (OT) limit for Tier 6 Employee Retirement System (ERS) members for calendar year 2021 is … regarding this bulletin may be directed to the Payroll Retirement mailbox. … State Agencies Bulletin No 1885 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1885-tier-6-pensionable-overtime-earnings-limit-calendar-year-2021-employeesState Agencies Bulletin No. 1792
… agencies that the pensionable overtime earnings limit for Tier 6 ERS members for calendar year 2020 is $17,067.00. Affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1792-tier-6-pensionable-overtime-earnings-ot-limit-calendar-year-2020State Agencies Bulletin No. 1841
… agencies that the pensionable overtime earnings limit of Tier 6 TRS members for school year 2020/21 is $17,067.00. Affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1841-tier-6-pensionable-overtime-ot-earnings-limit-school-year-202021State Agencies Bulletin No. 2302
… overtime earnings limit for Tier 6 ERS members for calendar year 2025 is $20,958.00. Affected Employees: Tier 6 … 368 of the Laws of 2018, the overtime limit increases each calendar year. The amount of the increase is based on the … Questions regarding this bulletin may be directed to the Payroll Retirement mailbox. … The purpose of this bulletin is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2302-tier-6-pensionable-overtime-ot-earnings-limit-calendar-year-2025State Agencies Bulletin No. 1702
… for overtime compensation and/or limited to the Governor’s Salary cap limit of $179,900 are affected by the overtime limit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1702-2019-tier-6-ot-limit-and-plan-year-changes-nyc-retirement-systemsThe Age 55 Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… As a Tier 1 member, you will be eligible for a service retirement benefit when you reach age 55 and have five or more years of service credit under … years of credited service, you may choose to retire with a full benefit at age 62, or between the ages of 55 and 62 with …
https://www.osc.ny.gov/retirement/publications/1511/age-55-planState Agencies Bulletin No. 1562
… Purpose To notify agencies that the pensionable overtime earnings limit for fiscal year 2017-18 is 15% of member’s regular annual wages as per Tier 6 legislation. The overtime limit has remained at 15% since …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1562-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2017-18State Agencies Bulletin No. 1620
… System (ERS) will now be calculated based on the calendar year as a result of Chapter 368 of the Laws of 2017, … the pensionable overtime earnings limit of $16,406 for calendar year 2018 in accordance with ERS publications. … Questions regarding this bulletin may be directed to Payroll Retirement Mailbox. … To notify agencies of changes …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1620-tier-6-pensionable-overtime-earnings-limit-calendar-year-2018-employeesDiNapoli: State Pension Fund Value $192 Billion
… Equities 17.04% 4.6% TIPS* 1.31% 4.3% Absolute Return Strategies 7.24% 2.9% Cash 1.58% 1.8% Non-Core Fixed Income** …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) investment … to $272.1 billion. “There has been tremendous volatility in the markets in recent months, but thanks to the state … of Ukraine has sent shockwaves through the financial world with repercussions that are ongoing. With inflation and …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnLimitations – Special 20- and 25-Year Plans
… Your FAE calculation may be limited based on your tier. Earnings above the limit will not be included in your … 20 percent will not be included in your FAE calculation. Tier 6 If the earnings in any 12-month period in your FAE exceed …
https://www.osc.ny.gov/retirement/publications/1517/final-average-earnings/limitationsRestrictions – State Police Plan
… Regular Earnings: For Tier 6 members, earned compensation that exceeds the Governor’s … (please refer to our Overtime and Earnings Limits for Tier 6 page for more information). Also excluded are …
https://www.osc.ny.gov/retirement/publications/1518/final-average-earnings/restrictionsRestrictions – Special 20- and 25-Year Plans
… Regular Earnings: For Tier 6 members, earned compensation that exceeds the Governor’s … (please refer to our Overtime and Earnings Limits for Tier 6 page for more information). Also excluded are earnings …
https://www.osc.ny.gov/retirement/publications/1517/final-average-earnings/restrictions