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Oversees the New York City Sheriff's Office, which acts as DOF's law enforcement division and the City's chief civil law enforcement agency. Through the Mayor's Office of Pensions and Investments, the Department of Finance also advises the Administration on the City's $160 billion pension system and $15 billion deferred compensation plan.
New York City: Headquarters: Manhattan Municipal Building One Centre Street, 17th Floor South New York, NY 10007 [1] Employees: 2,383 (FY 2024) Annual budget: $1.64 billion (FY 2024) Department executive
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The 457 plan is a type of nonqualified, [1] [2] tax advantaged deferred-compensation retirement plan that is available for governmental and certain nongovernmental employers in the United States. The employer provides the plan and the employee defers compensation into it on a pre tax or after-tax (Roth) basis.
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Deferred compensation is an arrangement in which a portion of an employee's wage is paid out at a later date after which it was earned. Examples of deferred compensation include pensions , retirement plans , and employee stock options .
NYC.gov; New York City Charter, the New York City Administrative Code, and the Rules of the City of New York from American Legal Publishing; Checkbook NYC 2.0 from the New York City Comptroller; NYC OpenData from the New York City DoITT; City of New York on GitHub; CityAdmin, a collection of NYC administrative decisions from New York Law School
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