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Opinion 91-39
… discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Retirement Benefits (waiver of public salary exceeding … Law, §212. Civil Service Law, §150 provides generally for the suspension of retirement benefits "if any person … public office ..." (emphasis added). This exception for elective office, however, is limited. Section 150, as …
https://www.osc.ny.gov/legal-opinions/opinion-91-39Retirement Benefit Summary Tier 6 PFRS
… for Tier 6 New York State and Local Police and Fire Retirement System members …
https://www.osc.ny.gov/retirement/members/retirement-benefit-summary-tier-6-pfrsContractors or Consultants – Membership and Enrollment
… of people who work for and provide services to the State or participating employers are considered public … NYSLRS Pension Integrity Bureau 110 State Street Albany, NY 12244-0001 In addition to the completed certification … earnings, and contributions must be included on your retirement monthly report. Contractors and consultants should …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/contractors-or-consultantsSelected Employee Travel Expenses
… airline baggage and travel agency fees. The Unified Court System (UCS) spent $17,003,393 on travel expenses from April … of this analysis, we examined the travel costs of one employee whose travel costs totaled $115,797. Key Findings … We found that while the travel expenses for the one employee were supported, they need to be further reviewed to …
https://www.osc.ny.gov/state-agencies/audits/2013/09/04/selected-employee-travel-expensesState Agencies Bulletin No. 1270
… has been established to reduce the compensation of any employee within the purview of the Agreement between the … position (identified by Increment Code 2222) since the system cannot determine if the hidden position is a … Reduction Plan should be directed to the applicable budget examiner at the Division of the Budget. Questions regarding …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1270-2013-2014-2-day-deficit-reduction-plan-psnu-employees-year-roundState Agencies Bulletin No. 1412
… memorandum dated 06/23/2015 from the Governor’s Office of Employee Relations (GOER) authorizes the 2015 payment for the … affected employees using the following Statewide Financial System chart field. SFS Business Unit Dept. Value Program … Acct Code OER01 1120220 24115 10050 50208 Overtime and Retirement Information The 2015 Tool Allowance Payment is not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1412-2015-tool-allowance-paymentState Agencies Bulletin No. 1487
… dated June 13, 2016 from the Governor’s Office of Employee Relations (GOER) authorizes the 2016 payment for the … affected employees using the following Statewide Financial System chart field. SFS Business Unit Dept. Value Program … Acct Code OER01 1120220 24115 10050 50208 Overtime and Retirement Information The 2016 Tool Allowance Payment is not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1487-2016-csea-tool-allowance-paymentState Agencies Bulletin No. 1333
… a memorandum dated 07/16/14 from the Governor’s Office of Employee Relations (GOER) authorizes the 2014 payment for the … affected employees using the following Statewide Financial System chart field. SFS Business Unit Dept. Value Program … Year Object Code 21 365086 1A 14 50208 Overtime and Retirement Information The 2014 Tool Allowance Payment is not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1333-2014-tool-allowance-paymentState Agencies Bulletin No. 1272
… a memorandum dated 10/07/13 from the Governor’s Office of Employee Relations (GOER) authorizes the 2013 payment for the … affected employees using the following Statewide Financial System chart field. SFS Business Unit Dept. Value Program … Year Object Code 21 365086 1A 13 50208 Overtime and Retirement Information The 2013 Tool Allowance Payment is not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1272-2013-tool-allowance-paymentComptroller DiNapoli and Acting Nassau County DA Singas: Pension Scammer Sentenced
… for deceiving the retirement system. The Comptroller’s discovery of Hoffman’s scheme was made possible by a 2012 …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-acting-nassau-county-da-singas-pension-scammer-sentencedSUNY Bulletin No. SU-319
… creating Tier 6. Members of this tier enrolled in a retirement system after March 31, 2012. This legislation authorized the … No. 1256 ) Effective April 2013, legislation required the employee contribution rate to be based on employees’ annual …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-319-two-year-look-back-tier-6-suny-optional-retirement-planMaking Adjustments to Earnings and Days Worked – Enhanced Reporting
… earnings or days worked, submit an adjustment using Retirement Online . Adjustments can be included in your … the previously reported data in order to correct it in our system – Retirement Online will not override previously reported data. Example: An employee was previously reported for 10 days and $1,000 in …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/making-adjustments-earnings-and-days-workedCalculating Days Worked – Legacy Reporting
… in the “Days Worked” column. Example: A highway crew employee works seven and one-half hours a day in a position … employers report information about employees through Retirement Online including their earnings the number of days …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/calculating-days-workedState Agencies Bulletin No. 2045
… the Civil Service Employees Association and the Office of Employee Relations (OER) memorandum dated 08/03/2022 provide … affected employees using the following Statewide Financial System chart field: SFS Business Unit Dept. Value Program … to the Tax and Compliance Mailbox. Questions regarding retirement may be directed to the Payroll Retirement Mailbox. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2045-2022-work-related-clothing-allowance-asu-employees-title-racingEstablishing the Standard Work Day – Legacy Reporting
… Before you can calculate days worked for an employee, you must first establish, by board resolution or … employers report information about employees through Retirement Online including their earnings the number of days …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/establishing-standard-work-dayDual Membership in NYSLRS – Divorce and Your Benefits
… Retirement System. If a member has a membership in one of the above Systems, the Domestic Relations Order (DRO) may … “New York State and Local Retirement System” regardless of the system membership. If a member has dual membership and … the appropriate system. If a DRO is drafted against one of NYSLRS’ Retirement Systems and the member transfers to the …
https://www.osc.ny.gov/retirement/members/divorce/dual-membership-nyslrsDefinitions – Contribution Stabilization Program
… Normal Rates Employer contribution rates for each retirement plan are determined annually by NYSLRS’ Actuary … Actuary determines the present value of current and future retirement benefits based on the actuarial assumptions … incentive costs and prior years’ adjustments. Retirement System’s Average Rates The System average rate represents the …
https://www.osc.ny.gov/retirement/employers/csp/definitionsWhat is a Defined Benefit Plan?
… minimum age and service requirements established by your retirement plan, you will receive a monthly pension payment … qualified employees. Employers can reduce the risk of employee turnover, which can help cut training costs and … plans. With a defined contribution plan, the employer, employee or both make contributions to an individual …
https://www.osc.ny.gov/retirement/members/defined-benefit-planContributing Toward Your Retirement – Article 14 Benefits
… to contribute 3 percent of your gross earnings toward your retirement benefits for 25 years or until retirement, whichever is earlier. If you are employed by more … one participating employer, once you join the Retirement System, all salary and service earned in connection with all …
https://www.osc.ny.gov/retirement/publications/1644/contributing-toward-your-retirementRetirement Contribution Borrowing Limits
… a cap on the amount that certain Tier 6 members of the New York State and Local Retirement System may borrow against retirement contributions. Memo Bill …
https://www.osc.ny.gov/legislation/retirement-contribution-borrowing-limits