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Retirement Estimates – Divorce and Your Benefits
… of marriage and date of commencement of the divorce action in the estimate request, and submit it to: NYSLRS Equitable Distribution Estimates Unit 110 State Street Mail Drop 6-2 Albany, NY 12244-0001 Estimates for members … request, contact our Call Center using our secure contact form , or call 866-805-0990 (518-474-7736 in the Albany, New …
https://www.osc.ny.gov/retirement/members/divorce/retirement-estimatesReporting Requirements Changes (2015) – Reporting Elected and Appointed Officials
… on the Resolution. Employer may omit NYSLRS registration numbers and Social Security numbers from the publicly posted Resolutions. Employer must omit NYSLRS registration numbers and Social Security numbers from the publicly posted …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/reporting-requirements-changesDiNapoli: Lagging Ridership Leaves MTA With Hard Choices, Must Adjust to Changing Demand
… remains well below 2019 levels, the MTA has restored subway and bus service to encourage ridership and economic … 40% that the MTA had expected in its budget. Starting in 2025, the MTA will face growing budget gaps. That year it … that $500 million gap could grow and even double. After 2025, federal funding will have been used up, resulting in …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-lagging-ridership-leaves-mta-hard-choices-must-adjust-changing-demandRisk Assessment and Implementation of Measures to Address Extreme Weather Conditions
… In 2009, MTA issued the Blue Ribbon Commission’s final report with recommendations in a number of key areas of … 10 near-term recommendations, including having a climate change adaptation master plan). The report predicted that, without an adequate investment in …
https://www.osc.ny.gov/state-agencies/audits/2025/01/02/risk-assessment-and-implementation-measures-address-extreme-weather-conditionsDisability Retirement – Divorce and Your Benefits
… retirement plans provide for several different types of disability retirement benefits. However, NYSLRS does not … property in a matrimonial action. Whether a member’s disability retirement benefit is subject to equitable … benefit. If the DRO does not specifically address a disability retirement, then the ex-spouse’s equitable …
https://www.osc.ny.gov/retirement/members/divorce/disability-retirementNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… performance of the Long Island Rail Road (LIRR) and the subway system has recently worsened. On-time performance on … as the LIRR itself. By 2016, the average distance that subway trains travel before breaking down had fallen by … performance had fallen sharply. Almost one-third of the subway fleet is now more than 30 years old and about 40 …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesDiNapoli: MTA Must Prioritize Safety and Service to Win Riders Back
… remains well below pre-pandemic levels, putting a major strain on its budget. A report released today by New … the growth in ridership. In 2022, there were 2,334 major felonies, but this included 1,183 violent crimes (51%). … Bus speeds, however, remain among the lowest of any major transit system in the country, rarely averaging faster …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-mta-must-prioritize-safety-and-service-win-riders-backWhat to Report – Legacy Reporting
… Tier 6 members: Report compensation but do not take contributions from salary earned in excess of the … Governor’s annual salary. For the current amount, refer to the Earnings Limits page in the enhanced reporting guide . … pay Longevity payments Lump sum payments for compensatory time (employer clarification needed) Top-of-pay-grade bonuses …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-reportDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… $5.23 billion. Administrative and Various: Communication, Power, Signal Modernization, $5.67 billion. The report also …
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
… final budget and other aid, including expected revenue from congestion pricing, give the Metropolitan Transportation … is providing this new assistance now instead of years from now when federal pandemic aid is exhausted, the MTA is … to prepay debt and ease the debt service payments coming from its operating budget by a total of $1.5 billion from …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsRetirees Contribute to New York State's Economy
… 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-economyDiNapoli: MTA Needs to Refocus Attention on Overdue Upgrades and Preparations for Extreme Weather
… The MTA should publish a new assessment of its long-term capital needs that pays particular attention to the growing threat climate change poses to transit, and … The MTA should publish a new assessment of its longterm capital needs that pays particular attention …
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
… In September 2007, the Chair of the MTA appointed a Blue Ribbon Commission on Sustainability and the MTA (Blue Ribbon Commission) charged with making … MTA and its agencies. In April 2009, the MTA issued the Blue Ribbon Commission’s Report on Sustainability and the MTA …
https://www.osc.ny.gov/state-agencies/audits/2023/09/29/risk-assessment-and-implementation-measures-address-extreme-weather-conditionsDiNapoli Audit Finds MTA Needs to Strengthen Extreme Weather Preparations
… $5 billion in damages to MTA assets, including serious damage to the Queens Midtown Tunnel, the Hugh L. Carey … on Sustainability — to help identify the potential for damage to their transportation systems. B&T officials said …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-audit-finds-mta-needs-strengthen-extreme-weather-preparationsDiNapoli: NYC Transit Should Improve Response to Safety-Related Defects
… accessible. The audit found the intercom system was not in operation system-wide and that the SIR could not document … financial data and information on 130,000 state contracts, visit Open Book New York . The easy-to-use website was …
https://www.osc.ny.gov/press/releases/2017/06/dinapoli-nyc-transit-should-improve-response-safety-related-defectsAccounting 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.pdfRochester Attorney Admits to Unlawfully Receiving Retirement Benefits
… State Comptroller Thomas P. DiNapoli. "For the six years Ms. Cecero was general counsel to Monroe Community College, … with interest. We are committed to continued work with the Office of the Comptroller to safeguard the public fisc and … it agreed that it would dismiss the charge if, within 18 months, Cecero paid total restitution of $156,918.20: …
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
… a member to elect a specific pension payment option and name the ex-spouse as beneficiary, the terms of that DRO will … any other designation. Problems can occur when a DRO is not on file at the time of a member’s retirement. If the …
https://www.osc.ny.gov/retirement/members/divorce/violating-terms-droDiNapoli: As Subway On-Time Performance Falls Behind, Better Plans Needed To Get Trains Back On Track
… Train delays have increased as the subway system’s on-time performance has … and the Metropolitan Transportation Authority (MTA) should do more to fix the underlying causes, many of which are … the delays caused by growing ridership, the MTA would have more to show for its efforts than a 17-slide Power Point …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-subway-time-performance-falls-behind-better-plans-needed-get-trains-back-trackLaw Pertaining to SUNY Police Officers
… been filed with NYSLRS on or before December 31, 2015. If I switch from the Employees’ Retirement System (ERS) to the … more than 25 years of service as a SUNY police officer, am I better off staying in the ERS plan? How is … 1 A SUNY transfer will take approximately six to nine months from the date we begin processing it. When we …
https://www.osc.ny.gov/retirement/members/law-pertaining-suny-police-officers