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DiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… As the Metropolitan Transportation Authority (MTA) adjusts to the loss of $15 billion in congestion pricing revenue and decides which capital … in a state of good repair and it must be transparent about how the choices it makes will impact riders, according to a …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… the Metropolitan Transportation Authority an opportunity to ease the pressure that growing debt places on its … stronger finances down the road will depend in part on how the MTA chooses to manage debt in the coming years. “The … government financial records, track state contracts, and find commonly requested data. … New sources of recurring …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsDiNapoli: MTA Needs to Refocus Attention on Overdue Upgrades and Preparations for Extreme Weather
… now. DiNapoli recommended improvements to the MTA’s online capital program dashboard, which tracks spending. The …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-mta-needs-refocus-attention-overdue-upgrades-and-preparations-extreme-weatherRisk Assessment and Implementation of Measures to Address Extreme Weather Conditions
… damage to its system and developed plans to mitigate the effect of extreme weather conditions and flooding. We also … decade since Superstorm Sandy, weather predicting models have indicated that, with rising sea levels, the range and … the Chair of the MTA appointed a Blue Ribbon Commission on Sustainability and the MTA (Blue Ribbon Commission) …
https://www.osc.ny.gov/state-agencies/audits/2023/09/29/risk-assessment-and-implementation-measures-address-extreme-weather-conditionsOut-of-State Orders – Divorce and Your Benefits
… from any liability whatsoever due to any payments based on that DRO. If consent to New York jurisdiction cannot be …
https://www.osc.ny.gov/retirement/members/divorce/out-state-ordersDiNapoli Audit Finds MTA Needs to Strengthen Extreme Weather Preparations
… DiNapoli’s audit found, however, that these agencies have not carried out a systemwide risk assessment — a recommendation of its own Blue Ribbon Commission on Sustainability — to help identify the potential for damage … officials said they did not see a risk and had no plan to do an assessment, although some individual assessments were …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-audit-finds-mta-needs-strengthen-extreme-weather-preparationsWhat to Report – Legacy Reporting
… information) Tier 6 members: Report compensation but do not take contributions from salary earned in excess of the … the Overtime Compensation page for details). Note: Do not take contributions from any overtime that is not … requirements must be reported, and is pensionable. If you have questions, visit our Public Safety Overtime page , or …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-reportRetirement Estimates – Divorce and Your Benefits
… actuarial consultant, or use the Retirement Online benefit calculator or the Quick Calculator on our website for a projection of anticipated …
https://www.osc.ny.gov/retirement/members/divorce/retirement-estimatesDiNapoli: NYC Transit Should Improve Response to Safety-Related Defects
… 422 "A" defects reported each month and had sustained a "near-perfect" rate of for more than three years in repairing … incidents reported a passenger falling on the platform or near the token booth. In addition, SIR did not have written …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-nyc-transit-should-improve-response-safety-related-defectsTransferring or Terminating Your Membership
… without paying your mandatory contributions in full, your pension benefit will be permanently reduced. (Return to Top) … can also go to the Estimate Your Pension page and use our Quick Calculator. To Withdraw Your Membership To withdraw your …
https://www.osc.ny.gov/retirement/members/transferring-or-terminating-your-membershipDisability Retirement – Divorce and Your Benefits
… the Court. Many disability benefits administered by NYSLRS do not use service credit at retirement to determine a … calculate a hypothetical service retirement benefit based on earnings and service accrued to the date of the disability … the ex-spouse’s share to what a service retirement would have provided. Under certain circumstances, a hypothetical …
https://www.osc.ny.gov/retirement/members/divorce/disability-retirementRetirees Contribute to New York State's Economy
… analysis. … Approximately 79 percent of NYSLRS retirees live in New York State During 2020 NYSLRS retirees were …
https://www.osc.ny.gov/retirement/retirees/retirees-contribute-new-york-states-economyReporting Requirements Changes (2015) – Reporting Elected and Appointed Officials
… and ensures they receive appropriate service credit. In August 2015, this regulation was revised for officials who … are not, the employer excludes the activities and time from the calculation of average number of days worked per … NYSLRS registration numbers and Social Security numbers from the publicly posted Resolutions. Employer must omit …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/reporting-requirements-changesAccounting for Medicaid-Related Intergovernmental Transfers
This bulletin is to provide accounting guidance to counties for Medicaid-related intergovernmental transfers (IGTs).
https://www.osc.ny.gov/files/local-government/publications/2021/pdf/accounting-for-medicaid-related-intergovernmental-transfers.pdfDiNapoli: As Subway On-Time Performance Falls Behind, Better Plans Needed To Get Trains Back On Track
… within five minutes of its scheduled arrival and stopped at all of its scheduled stops. In 2013 and 2014, the MTA’s … contacted by auditors had an on-time performance goal of at least 90 percent. Auditors examined what caused more than … weather, police investigations). The audit looked at some of the controllable causes that accounted for more …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-subway-time-performance-falls-behind-better-plans-needed-get-trains-back-trackRochester Attorney Admits to Unlawfully Receiving Retirement Benefits
… she unlawfully took $85,000 in state pension benefits on top of her six figure salary," State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2018/04/rochester-attorney-admits-unlawfully-receiving-retirement-benefitsViolating the Terms of a DRO – Divorce and Your Benefits
… If NYSLRS has a DRO on file that requires a member to elect a specific pension payment option and name the … discretion , may change the option election or designation to comply with the pre-existing order or agreement (RSSL … benefit will be recalculated. Any overpayments made to the member and ex-spouse (if applicable) prior to the …
https://www.osc.ny.gov/retirement/members/divorce/violating-terms-droIX.9.B Transfers to Other Funds – IX. Federal Grants
… transaction budget checks against the project budgets, but does not budget check against appropriation or segregation …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix9b-transfers-other-fundsDetermining the Ex-spouse's Share – Divorce and Your Benefits
… member or ex-spouse’s portion percentage. A share based on a hypothetical retirement benefit. NYSLRS can calculate a … Next, NYSLRS determines the ex-spouse’s share based on the equitable distribution formula provided in the DRO. …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-shareForensic Audit of Dual Employment Approvals and Conflicts
… worked for a New York State or City agency had approval to do so; were working their required hours at each employer; … MTA employees did not notify MTA officials regarding, or have MTA approval to work, their outside job. We identified … transportation users at risk. In addition, MTA employees on military leave were overpaid an aggregate of $65,722. We …
https://www.osc.ny.gov/state-agencies/audits/2013/12/19/forensic-audit-dual-employment-approvals-and-conflicts