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Retiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… Tier 2, 3, 5 and 6 members who retire before age 62 will have … Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Section 375e …
https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62DiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… bills are based went from $66.9 billion in FY 2020 to $71.6 billion in FY 2025, faster than the rate (7%) for market … will face a longer road to recovery if office occupancy rates do not improve. The citywide peak-day occupancy rate … city’s budget will continue to benefit from an outsized contribution from office property taxes. Additionally, future …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceRefunds – Divorce and Your Benefits
… member may be entitled to a refund of contributions due to tier reinstatement , withdrawal of membership , transfer of …
https://www.osc.ny.gov/retirement/members/divorce/refundsDiNapoli: New York Jobs Top 9 Million, New Statewide High
… jobs, the report notes. The Mohawk Valley and the Southern Tier saw the biggest drops in employment. “Six years after … 2.4% North Country -1.5% Finger Lakes 2.1% Southern Tier -2.2% Capital Region 2.0% Mohawk Valley -2.9% Who … Average unemployment dropped from 8.7 in 2012 to 6.4 in 2014, but remained well above the 4.4 percent rate for …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-new-york-jobs-top-9-million-new-statewide-highDiNapoli: Report Finds Mixed Job Picture in Upstate NY
… in the Mohawk Valley (down 2.8 percent) and the Southern Tier (a loss of 2.5 percent). The North Country, Upper Hudson … employment rose in all regions except the Southern Tier. Among industry sectors, upstate New York’s largest … the group, had the most significant decline at more than 6,500 jobs, while the Southern Tier and Capital Region lost …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-report-finds-mixed-job-picture-upstate-nyMore About This Retirement Plan – Special 20- and 25-Year Plans
… plan summary describes the benefits available to Tier 2, 3 (Article 11), 5 and 6 members of the Police and Fire Retirement System (PFRS) …
https://www.osc.ny.gov/retirement/publications/1517/more-about-retirement-planOverview – Membership and Enrollment
… benefit . New members will lock in the benefits of Tier 6. Other advantages of membership include: Death benefits; … enough service to qualify for a pension benefit). If Tier 6 members leave public service with less than ten years …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewQuogue Union Free School District – Financial Condition Management (2017M-196)
… (13 percent) from 2012-13 through 2016-17. The retirement contribution reserve may be overfunded. Key Recommendations … on historical or other known trends. Review the retirement contribution reserve to determine whether the amount retained …
https://www.osc.ny.gov/local-government/audits/school-district/2017/12/01/quogue-union-free-school-district-financial-condition-management-2017mDiNapoli: Over One Million New Yorker Households Are Not Connected to Broadband
… areas with broadband compared to a national average of 95.6%, according to the FCC. At least one provider offering … Country to a low of 0.4% in New York City. Availability rates were lowest in counties with greater shares of … 35,317 18.2% Central NY 305,678 52,369 17.1% Southern Tier 251,445 41,790 16.6% Western NY 594,617 96,826 16.3% New …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-over-one-million-new-yorker-households-are-not-connected-broadbandParticipation in the Program – Contribution Stabilization Program
… appear on their invoice. To elect to participate in the Contribution Stabilization Program (CSP), you must complete … and you would not be able to amortize your annual pension contribution unless you elect to participate in the CSP. If …
https://www.osc.ny.gov/retirement/employers/csp/participation-programAlbion Central School District – Financial Management (2021M-200)
… Overfunded and did not properly use the retirement contribution reserve fund. Could not explain how the Finance … legal counsel regarding excess funds in the retirement contribution reserve fund. District officials generally …
https://www.osc.ny.gov/local-government/audits/school-district/2022/03/11/albion-central-school-district-financial-management-2021m-200Military Service Credit
… your military service. Employees’ Retirement System (ERS) Tier 5 and 6 members, Police and Fire Retirement System (PFRS) members … service credit before retirement. Estimate Your Cost For Tier 1, 2, 3, 4 and 5 members, the cost will be 3 percent of …
https://www.osc.ny.gov/retirement/members/military-service-creditWall Street Bonuses Rose In 2012
… were paid in December 2012 to avoid higher federal tax rates scheduled to take effect in 2013. DiNapoli’s office … up to 20 percent of New York State tax revenues, but that contribution declined to 14 percent last year. Wall Street’s … into 2012 to avoid the threat of higher federal income tax rates in 2013. The Comptroller estimates that about $2.5 …
https://www.osc.ny.gov/press/releases/2013/02/wall-street-bonuses-rose-2012New York State Comptroller Thomas P. DiNapoli Gives Best Wishes For New Year, 01/01/15
… from Buffalo to Brooklyn to Babylon and from the Southern Tier to the North Country, let us seek out opportunities to …
https://www.osc.ny.gov/press/releases/2015/01/new-york-state-comptroller-thomas-p-dinapoli-gives-best-wishes-new-year-010115SUNY Bulletin No. SU-341
… with 2021-2022 discrepancies due to either over or under contribution. Agencies will use the spreadsheet to research … add a new row for Deduction Code 516 and proceed to Step 6. If no Deduction Code 516 exists, select the + sign in the … the page to add new deduction code 516 and proceed to Step 6. Enter the following: Effective Date - Enter the Payroll …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-341-agency-actions-required-fiscal-year-2021-22-new-york-stateNew York’s Labor Force: Assessing 10-Year Trends and Pandemic Setbacks
… population declines. The State’s unemployment rate (6.9 percent) was third highest in the nation in 2021, due … still well below 2011 levels. In contrast, participation rates were highest for Hispanics or Latinos (just over 61 … losing workers. Both the North Country and the Southern Tier experienced double-digit declines over the decade; the …
https://www.osc.ny.gov/reports/new-yorks-labor-force-assessing-10-year-trends-and-pandemic-setbacksSUNY Bulletin No. SU-65
… Purpose To explain an automatic change in health insurance rates Affected Employees Graduate and student assistants who … … To explain an automatic change in health insurance rates …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-65-health-insurance-change-graduate-and-student-assistantsPerformance of Duty Disability – Basic Plan with Increased-Take-Home-Pay (ITHP)
… you have made. The mandatory contributions made by Tier 5 and 6 members are not annuity savings contributions, and Tier 5 and 6 members would not receive an annuity based on …
https://www.osc.ny.gov/retirement/publications/1511/performance-duty-disabilityPerformance of Duty Disability – Career Plan
… you have made. The mandatory contributions made by Tier 5 and 6 members are not annuity savings contributions, and Tier 5 …
https://www.osc.ny.gov/retirement/publications/1642/performance-duty-disabilityPerformance of Duty Disability – Regional State Park Police Plan
… you have made. The mandatory contributions made by Tier 5 and 6 members are not annuity savings contributions, and Tier 5 …
https://www.osc.ny.gov/retirement/publications/1867/performance-duty-disability