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The Sentinel - Fall 2022
A semiannual newsletter for members of the Police and Fire Retirement System (PFRS).
https://www.osc.ny.gov/files/retirement/publications/pdf/sentinel-fall-2022.pdfThe Sentinel - Spring 2022
A semiannual newsletter for members of the Police and Fire Retirement System (PFRS).
https://www.osc.ny.gov/files/retirement/publications/pdf/sentinel-spring-2022.pdfOpinion 95-19
… accumulate with interest and be applied against future pension contribution requirements to ensure equitable …
https://www.osc.ny.gov/legal-opinions/opinion-95-19State Agencies Bulletin No. 2093
… creating Tier 6. This tier applies to employees joining a retirement system after March 31, 2012. This legislation authorized the … ( See Payroll Bulletin No. 1256 ) Effective April 2013, employee contribution rates are to be based on an employee’s …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2093-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdcState Agencies Bulletin No. 1275
… To notify agencies of the new deduction codes 616 PAF Retirement Before Tax (PAF BTX) and 618 PAF Arrears Before … of the New York State Police and Fireman Retirement System (PFRS). Affected Employees Members of PFRS in Tiers 3, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1275-new-deduction-code-616-paf-retirement-tax-paf-btx-and-new-deductionUnified Court System Bulletin No. UCS-328
… inform agencies of OSC’s automatic processing of the April 2022 and April 2023 Location Pay and Location Pay Mid-Hudson Increases. Affected Employees … Report to inactive individuals who are 62 or older in the calendar year and to active employees with the New York …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-328-april-2022-and-april-2023-state-new-york-unified-court-systemIX.7.C Fringe Benefits and Indirect Costs – IX. Federal Grants
… Employee fringe benefit and indirect costs are permissible … and indirect cost standard rates into the State Financial System. In some cases, the federal government may request the … Guide to Financial Operations REV. 02/01/2022 … Employee fringe benefit and indirect costs are permissible …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7c-fringe-benefits-and-indirect-costsMore About This Retirement Plan – Non-Contributory Plan with Guaranteed Benefits
… This retirement plan summary describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System members covered by the Non-Contributory Plan. (There …
https://www.osc.ny.gov/retirement/publications/1513/more-about-retirement-planState Comptroller DiNapoli Releases Year-End Accomplishments
… State Comptroller Thomas P. DiNapoli noted today in a release summarizing his office’s major accomplishments in … progress report on the Fund’s $1 billion In-State Private Equity Investment Program, which has invested $684 million in … Local Retirement System Announced employer contribution rates will decline for the first time in four years in State …
https://www.osc.ny.gov/press/releases/2014/01/state-comptroller-dinapoli-releases-year-end-accomplishmentsInspector General
… upon request, shall be afforded a reasonable period of time to obtain such representation. (b) The Inspector General …
https://www.osc.ny.gov/common-retirement-fund/resources/inspector-generalNYSLRS Announces Employer Contribution Rates for 2024-25
… $15.5 billion were paid out in benefits. “Our state’s pension fund remains one of the strongest pension funds in the nation, and the rates announced today … with access to a two-year projection of their annual pension bill. Employers can use this projection in the …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25More About This Retirement Plan – State Police Plan
… This retirement plan summary describes the benefits available to Tier 2, 5 and 6 members of the Police and Fire Retirement System (PFRS) covered by the special 20-year State Police …
https://www.osc.ny.gov/retirement/publications/1518/more-about-retirement-planEmployee Non Travel Expenses
Employee Non Travel Expenses
https://www.osc.ny.gov/files/state-agencies/pdf/XII-4-B-1-att11-employee-non-travel-expenses.pdfAccessing Retirement Online – Enhanced Reporting
… If you do not have a username and password, work with the Retirement Online Contact and Security Administrators at your … For password resets or technical questions about using the system: Call the Retirement Online Employer Help Desk at …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/accessing-retirement-onlineState Agencies Bulletin No. 2143
… 50108 2023-24 For Employees in All Other Payroll Pool Codes SFS Business Unit Dept. Value Program Value Fund Value … The payment will be reported on the employee’s Form W-2 in Box 14 using code UTA (Uniform/Tool Allowance). Federal, State, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2143-2023-csea-tool-allowance-paymentState Agencies Bulletin No. 2244
… 50108 2024-25 For Employees in All Other Payroll Pool Codes SFS Business Unit Dept. Value Program Value Fund Value … The payment will be reported on the employee’s Form W-2 in Box 14 using code UTA (Uniform/Tool Allowance). Federal, State, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2244-2024-csea-tool-allowance-paymentMore About This Retirement Plan – New Career Plan
… This retirement plan summary describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System members covered by the New Career Plan. (There is no …
https://www.osc.ny.gov/retirement/publications/1515/more-about-retirement-planDiNapoli: State Pension Fund Value $178.1 Billion
… has an estimated value of $178.1 billion. “Despite weak equity markets, the Fund’s diversified portfolio and our … which was consistent with the declines in U.S. and global equity markets. The Fund’s broader approach to fixed income … the remainder of the benefits cost. Employer contribution rates are determined by investment results over a multi-year …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionNYS Comptroller DiNapoli: Amazon Must Ensure Its Business Is Not Adding to Racial Inequality
… P. DiNapoli today announced that the New York State Common Retirement Fund (the Fund) has filed a shareholder proposal … exposure to COVID-19. Discriminated against a former employee for racial discrimination who led a walkout over … the assets of the New York State and Local Retirement System on behalf of more than one million state and local …
https://www.osc.ny.gov/press/releases/2020/12/nys-comptroller-dinapoli-amazon-must-ensure-its-business-not-adding-racial-inequalityDiNapoli: New York State Pension Fund and Coca Cola Reach Agreement on Executive Pay
… philosophy and long term performance, not simply on what executives at other companies are making." Many … shareowner and employee feedback; the advisory vote on compensation; the CEO pay ratio; global pay fairness; … assets of the New York State and Local Retirement System on behalf of more than one million state and local government …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-new-york-state-pension-fund-and-coca-cola-reach-agreement-executive-pay