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Dual Membership in NYSLRS – Divorce and Your Benefits

… a new DRO will be required. Rev. 2/23 … NYSLRS pensions are considered marital property and may be divided when a …

https://www.osc.ny.gov/retirement/members/divorce/dual-membership-nyslrs

Employee Qualifications, Hiring, and Promotions (Follow-Up)

… of implementation of the 14 recommendations included in our initial audit report, Employee Qualifications, Hiring, … Transit, an agency of the MTA, provides subway and bus services to New York City (NYC). Manhattan and Bronx … (MaBSTOA), a subsidiary of Transit, operates buses in upper Manhattan and the Bronx. MTA Bus Company, a …

https://www.osc.ny.gov/state-agencies/audits/2022/09/26/employee-qualifications-hiring-and-promotions-follow

Employee Qualifications, Hiring, and Promotions

… hiring and promotion policies, procedures, and directives for New York City Transit (Transit), Manhattan and Bronx … movement of employees and if there are opportunities for improprieties in the hiring, promotion, or supervision of … and retained in employee files. Other Related Audit/Report of Interest None … To determine whether the …

https://www.osc.ny.gov/state-agencies/audits/2019/01/17/employee-qualifications-hiring-and-promotions

Selected Performance Measures

… under the Public Authorities Law to report annually on its performance. Each Agency identifies specific … public transportation vehicles (including transfers). Key Findings Given the millions of people who rely on MTA … to evaluating actual service and conditions. For two key performance measures – MDBF and ridership – we identified …

https://www.osc.ny.gov/state-agencies/audits/2020/01/06/selected-performance-measures

About an Employer’s Role – What Every Employer Should Know

… members with the benefits they have earned. We rely on you to provide us with key information about your … NYSLRS when they begin employment. Employers send us data on the salaries paid and days worked for NYSLRS members. The … are critical to our ability to provide members with the pension benefits they have earned. We understand the …

https://www.osc.ny.gov/retirement/employers/partnership/about-employers-role

DiNapoli: MTA Needs To Do More To Increase Procurement Efficiencies and Save Money

… contracts to office supplies. Under the Public Authorities Law, the MTA was required to create a Transformation Plan by …

https://www.osc.ny.gov/press/releases/2024/12/dinapoli-mta-needs-do-more-increase-procurement-efficiencies-and-save-money

New Customer-Focused Subway Metrics

… Objective To determine whether New York City Transit’s (Transit) new metrics provide customers with better information about …

https://www.osc.ny.gov/state-agencies/audits/2020/01/17/new-customer-focused-subway-metrics

DiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back

… the state budget provided dedicated sources of revenue to close projected budget gaps, according to New York State Comptroller Thomas P. DiNapoli’s annual … improved financial picture, the burden is now on the MTA to improve the region’s transit system and win riders back, …

https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-back

DiNapoli: MTA Needs to Improve Efforts to do Business with Minority- and Women-Owned Businesses

… contracts at around 20 percent, lower than the target set in statute and did not give rationale for the lower target, … found continued need for improvement. The MTA reported total contract expenditures of $1.1 billion for state fiscal … annual goals at times failed to include information from all of its divisions. DiNapoli’s auditors reviewed 128 …

https://www.osc.ny.gov/press/releases/2015/09/dinapoli-mta-needs-improve-efforts-do-business-minority-and-women-owned-businesses

DiNapoli: Debt Adding to MTA's Financial Pressures With Riders and Fare Revenue Slow to Return

… P. DiNapoli’s annual report on the MTA’s debt . If riders do not return faster than the MTA projects, or if new sources …

https://www.osc.ny.gov/press/releases/2022/04/dinapoli-debt-adding-mtas-financial-pressures-riders-and-fare-revenue-slow-return

Who to Report – Enhanced Reporting

… Employees who are eligible for membership, but chose not to join NYSLRS; Retirees (from any of the eight public … means we will already have it on hand if they choose to join at a later date, saving you considerable time and … you. They are not public employees and are not eligible to join NYSLRS. To determine whether someone is an employee …

https://www.osc.ny.gov/retirement/employers/enhanced-reporting/who-to-report

DiNapoli: MTA Budget Continues to Face Serious Risks

… Rising Debt Burden Find out how your government money is spent at Open Book New York . Track municipal …

https://www.osc.ny.gov/press/releases/2020/03/dinapoli-mta-budget-continues-face-serious-risks

DiNapoli: MTA Faces Growing Risks to Its Capital Funding

… in capital funds by using its operating budget to pay for more borrowing, less money would be available for … billion in commitments to capital projects (2016-2019). In 2022, it put a record $11.4 billion toward capital work. … in long-term debt paid from the operating budget in 2023, a 14% increase. The MTA’s total outstanding debt is …

https://www.osc.ny.gov/press/releases/2024/05/dinapoli-mta-faces-growing-risks-its-capital-funding

DiNapoli: MTA's Plan to Pull Trash Cans Didn't Make Stations Cleaner

… in support of the pilot that included notices on its website and in the affected stations. Auditors visited 10 of …

https://www.osc.ny.gov/press/releases/2015/09/dinapoli-mtas-plan-pull-trash-cans-didnt-make-stations-cleaner

Submitting a DRO – Divorce and Your Benefits

… policies and procedures. NYSLRS will send a letter to all parties and counsel of record notifying them whether the …

https://www.osc.ny.gov/retirement/members/divorce/submitting-dro

The Domestic Relations Order – Divorce and Your Benefits

… during a marriage are marital property, and subject to equitable distribution upon a member’s divorce, pursuant to Domestic Relations Law Section 236 ( Majauskas v. … may determine that the member’s ex-spouse is entitled to share in the member’s benefit. Therefore, we will honor a …

https://www.osc.ny.gov/retirement/members/divorce/domestic-relations-order

DiNapoli: Lagging Ridership Leaves MTA With Hard Choices, Must Adjust to Changing Demand

… what options it’s considering to close budget gaps and how it can adjust to continued low ridership levels and shift … burden and will not be paid off until 2053. If ridership does not return that $500 million gap could grow and even … likely impact riders on subways, buses, Metro-North and Long Island Railroad. The possibility of service cuts, higher …

https://www.osc.ny.gov/press/releases/2022/07/dinapoli-lagging-ridership-leaves-mta-hard-choices-must-adjust-changing-demand

New Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes

… If new funding sources for the Metropolitan Transportation Authority … region," DiNapoli said. "In the absence of adequate funding, the system could fall into further disrepair and … offset the revenue loss to the MTA from a reduction in the Payroll Mobility Tax on small businesses. Read the Financial …

https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikes