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Sample Net Change Letter
This is a sample notice of changes to a retiree's net retirement benefit.
https://www.osc.ny.gov/files/retirement/retirees/pdf/net-change-letter-sample.pdfAre You Vested? And What It Means
… have earned enough service credit to qualify for a pension benefit once you meet the minimum age requirements … years of service to be eligible for a service retirement benefit. Effective immediately, if you are a Tier 5 or 6 …
https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-meansStay Informed – Police and Fire Plan
… you understand your benefits and stay informed. Register for Retirement Online , a convenient and secure way to … information, view and update beneficiaries, and apply for a loan. Review your Member Annual Statement carefully and … booklets and brochures , and get tips on preparing for retirement . Attend a pre-retirement presentation to …
https://www.osc.ny.gov/retirement/publications/1512/stay-informedDiNapoli Presses Worst Greenhouse Gas Emitters to Meet Paris Climate Agreement Goals
… Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced he has written to 10 of the … Thomas P DiNapoli trustee of the New York State Common Retirement Fund Fund today announced he has written to 10 of …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-presses-worst-greenhouse-gas-emitters-meet-paris-climate-agreement-goalsMember Contributions
… on their voluntary contributions in addition to their pension at retirement. Members may contribute any whole …
https://www.osc.ny.gov/retirement/employers/member-contributionsLoans: Applying and Repaying
… loan with NYSLRS. You can see how much you are eligible to borrow, what the repayment amount would be and if your loan … before applying for a loan from NYSLRS. Before You Borrow Loan Eligibility Requirements You may borrow against … Unit. To make extra payments, you can mail a check or money order payable to the New York State and Local …
https://www.osc.ny.gov/retirement/members/loans-applying-and-repayingCost-of-Living Adjustment
… COLA Increase The September 2024 COLA is 1.8 percent, for a maximum annual increase of $324, or $27 per month … 62 or older and receiving a service retirement benefit for five or more years; or Age 55 or older and receiving a … will be for one and a half months. Rev. 7/24 (Return to Top) … Payments based on the costofliving index will …
https://www.osc.ny.gov/retirement/retirees/cost-living-adjustmentStay Informed – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Your retirement benefits are an important part of a solid … you and your beneficiaries achieve financial security in retirement or in the event of disability or death. Use these … 1 2 3 Article 11 5 and 6 under Sections 370a 371a and 375 How to Stay Informed …
https://www.osc.ny.gov/retirement/publications/1511/stay-informedAnniversary Date Calculator
… Salary Manual, Payroll Bulletins and Bargaining Agreements for additional information. … Use this tool to calculate …
https://www.osc.ny.gov/state-agencies/payroll/anniversary-date-calculatorSUNY Bulletin No. SU-299
… with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the two year look-back. Affected … creating Tier 6. This tier applies to employees joining a retirement system after March 31, 2012. This Legislation … Agencies must adhere to the 2020-2021 Agency Submission Schedule when updating the Retirements Plan panel in PayServ …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-299-two-year-look-back-tier-6-suny-optional-retirement-planState Agencies Bulletin No. 1886
State Agencies Bulletin No 1886
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1886-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdcAutomated Phone Service
… the date you became eligible and the current percentage increase. If you are not yet eligible for COLA, you will hear …
https://www.osc.ny.gov/retirement/retirees/automated-phone-serviceSalary and Service: Keys to Retirement Benefits
… Two major factors will determine the amount of your NYSLRS pension: How long you work and how much you earn. They are … factors that will determine the amount of their NYSLRS pension …
https://www.osc.ny.gov/retirement/members/salary-and-service-keys-retirement-benefitsGovernor Cuomo and Comptroller DiNapoli Appoint First-Ever Decarbonization Advisory Panel
… and other emerging industries. The panel will evaluate strategies including: expanding the Fund's low-carbon index … for asset owners to investigate data sources, tools and strategies for managing climate investment risk, and …
https://www.osc.ny.gov/press/releases/2018/03/governor-cuomo-and-comptroller-dinapoli-appoint-first-ever-decarbonization-advisory-panelCUNY Bulletin No. CU-123
… 3 and Tier 4 members of NYCERS with 10 years of membership or credited service who have been identified as eligible by … 3% annuity (Option Code SEO). Tab to Contribution Status . Single click on the drop-down box. Single click on Non-Contributing . Tab to Option Code . …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-123-contribution-status-change-tier-3-and-tier-4-members-nycersRetirement Estimates – Divorce and Your Benefits
… or accrued value of the benefits due to a member at retirement. Upon the member’s written request to NYSLRS’ … an independent actuarial consultant, or use the Retirement Online benefit calculator or the Quick Calculator on our …
https://www.osc.ny.gov/retirement/members/divorce/retirement-estimatesAccounts Payable Advisory No. 49
… Update: The below sections of the Guide to Financial Operations (GFO) are either new or were … the Appropriate Payment Terms … The below sections of the Guide to Financial Operations GFO are either new or were …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/49-gfo-updates-basis-date-invoice-received-date-mir-date-and-paymentPension Payment Option Descriptions
… a monthly benefit for life. For example, you may elect the Single Life Allowance (Option 0) which provides the … all payments cease upon your death. When you die (even if it is only one year, or sooner, after retiring), nothing … you were receiving for life. If your beneficiary is your spouse at the time of your death, he or she will be eligible …
https://www.osc.ny.gov/retirement/members/pension-payment-option-descriptionsState Agencies Bulletin No. 1695
… record update process and provide data entry instructions for entering SRA and TDA deductions to ensure compliance with … 412 SUNY 403 Roth Affected Education Department, School for the Blind and School for the Deaf Employees Employees who currently have the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1695-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tda