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Taxes and Your Pension
… NYSLRS pension and is provided annually for filing your taxes. NYSLRS pensions are not subject to New York State or local income tax. If you permanently moved to … you inform us otherwise. The amount withheld is based on the information you provide to us on a W-4P Form …
https://www.osc.ny.gov/retirement/retirees/taxes-and-your-pensionTransferring or Terminating Your Membership
… Reinstatement purposes, your membership terminates when: You have less than five years of service credit and have not … public employment for at least 15 days and voluntarily withdraw your membership and contributions; or You transfer … area and click “Reinstate a Previous Membership.” You can also apply by mail by submitting the Application to …
https://www.osc.ny.gov/retirement/members/transferring-or-terminating-your-membershipRepaying Your NYSLRS Loan after Retirement
… — Member page for information about taking a NYSLRS loan. How Much Do I Need to pay? If you retired with an outstanding … repaying your outstanding loan balance. In order to pay back your loans, you must pay the full balance of the loan … loan balance. If you don’t have the letter, you can contact us to find out how much you would have to repay …
https://www.osc.ny.gov/retirement/retirees/repaying-your-nyslrs-loan-after-retirementCost-of-Living Adjustment
… A Cost-of-Living Adjustment (COLA) is a permanent annual increase to your pension to help offset the impact of inflation. Once you are … payments, you must be: Age 62 or older and receiving a service retirement benefit for five or more years; or Age 55 …
https://www.osc.ny.gov/retirement/retirees/cost-living-adjustmentDiNapoli: State Pension Fund Value $194.3 Billion
… today announced the New York State Common Retirement Fund (Fund) had a -2.68 percent return on investments in the … fund entered this crisis as one of the strongest in the nation, and remains well-positioned to weather these … today announced the New York State Common Retirement Fund Fund had a 268 percent return on investments in the …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionRetiree Annual Statement
… Your Retiree Annual Statement provides a year-end summary of your pension payments for the last calendar year, … available in Retirement Online sooner than printed copies are mailed—we will notify you by email when your … by State law. For information about COLA eligibility and how it’s calculated, visit our Cost-of-Living Adjustment …
https://www.osc.ny.gov/retirement/retirees/retiree-annual-statementNYS Common Retirement Fund Announces First Quarter Results
… was $209.2 billion, based on a 1.53 percent investment return over the three-month period ending June 30, 2018, … long-term, that means adjusting to conditions and finding opportunities even when markets are uncertain." The Fund's … of $206.9 billion. As of June 30, 2018, the Fund had 40.3 percent of its assets invested in publicly traded domestic …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli Releases Report on Pre-Pandemic Migration Trends
… was approximately 28,700, or 0.3% of resident taxpayers. Married filers left New York at twice the rate (0.66%) of all filers, with married filers making between $100,000 and $500,000 per year … Expanding economic opportunities and making quality of life investments will strengthen our tax base and ensure the …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-releases-report-pre-pandemic-migration-trendsNew York State Comptroller DiNapoli Statement on U.S. Withdrawal From Paris Agreement
… "The Trump Administration’s decision today to formally begin … revolution, not burying its head in the sand." … The Trump Administrations decision today to formally begin …
https://www.osc.ny.gov/press/releases/2019/11/new-york-state-comptroller-dinapoli-statement-us-withdrawal-paris-agreementNY State Comptroller DiNapoli Statement on Pension Fund's Ranking as Top U.S. Investor Battling Climate Risk
… Fund is part of that worldwide effort and proud that our hard work to protect the retirement security of more than one …
https://www.osc.ny.gov/press/releases/2018/09/ny-state-comptroller-dinapoli-statement-pension-funds-ranking-top-us-investor-battling-climate-riskDiNapoli Statement on His Placement Agent Ban Becoming Law
… the previous administration's wrongdoing. It was clear to me that placement agents were corrosive and unnecessary," …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-statement-his-placement-agent-ban-becoming-lawNYSLRS Announces Employer Contribution Rates for 2024-25
… Thomas P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System … Fiscal Year (SFY) 2024-25. Employers’ average contribution rates will increase from 13.1% to 15.2% of payroll for the …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25NYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… The New York State and Local Retirement System (NYSLRS) today announced employer contribution rates for the State Fiscal Year 2021-22 will increase from 14.6 … participating employers in ERS and PFRS, and more than 300 different retirement plan combinations. Last fiscal year, …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22DiNapoli: Former Ulster County BOCES Criminal Justice Teacher Arrested for Defrauding the NYS Pension System Out of Over $157,000
… work of our State Police members, the State Comptroller’s Office, and the Ulster County District Attorney’s Office in uncovering this blatant fraud,” New York State … of over $70,000. As a state retiree under the age of 65, Sciacca was not allowed to earn more than $30,000 …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-former-ulster-county-boces-criminal-justice-teacher-arrested-defrauding-nys-pension-systemDiNapoli: State Pension Fund Value $178.1 Billion
… during a volatile year. The Fund has an estimated value of $178.1 billion. “Despite weak equity markets, the Fund’s diversified portfolio and our … The Fund’s diversification strategy performed well, with private equity, opportunistic alternatives and real estate …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionDiNapoli: NYSLRS Announces Employers' Retirement System Contribution Rates for 2023-2024
… salaries and the distribution of their employees among the six retirement tiers. There are more than 3,000 participating …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyslrs-announces-employers-retirement-system-contribution-rates-2023-2024DiNapoli: State Pension Fund Value $210.2 Billion
… March 31, 2019. The Fund closed the year with an estimated value of $210.2 billion, which is subject to change once returns are fully audited. The Fund’s audited value at the end of state fiscal year 2018 was $207.4 billion. “The Fund’s value continued to grow during its 2019 fiscal year and …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-state-pension-fund-value-2102-billionComptroller DiNapoli & A.G. Schneiderman Announce Arrest of Brooklyn Man for Allegedly Pocketing over $23K in Deceased Mother's Pension Benefits
… million in ordered recoveries. My message is clear: If you try to get away with pension fraud, we will find you and … allege that Jimmie Buie, who lived in the apartment where the pension checks were mailed to, enlisted four … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2017/03/comptroller-dinapoli-ag-schneiderman-announce-arrest-brooklyn-man-allegedly-pocketing-over-23kNYSLRS Announces Employer Contribution Rates for SFY 2026-27
… salaries paid, and the distribution of employees among the six membership tiers. Payments based on the new rates are due …
https://www.osc.ny.gov/press/releases/2025/09/nyslrs-announces-employer-contribution-rates-sfy-2026-27NYS Common Retirement Fund Reports Second Quarter Results
… New York State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year 2018-2019 was 3.47 percent for the three-month period ending September 30, … has an investment approach which capitalizes on market opportunities and weathers market ups and downs. The Fund is …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-results