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Member Contributions
… 5.75% More than $100,000 6.00% Exceptions for ERS: New York State Correction Officers are not required to contribute …
https://www.osc.ny.gov/retirement/members/member-contributionsAutomated Phone Service
… Below is a list of the phone menu options available to NYSLRS members. You can hear certain account information and …
https://www.osc.ny.gov/retirement/members/automated-phone-serviceState Police Bulletin No. SP-216
… DPE Expanded Duty Pay BU62 MTA Maintenance Allowance If more than 13 earnings codes appear on the paycheck stub or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-216-april-2021-increases-location-pay-supplemental-location-pay-expandedDiNapoli: Former State Employee Arrested for Falsely Claiming She Never Received $4K Loan Check from New York State and Local Retirement System
… 52, of Albany, was arrested for allegedly falsely claiming to the New York State and Local Retirement System (NYSLRS) that she never received a $4,055 loan check to get a …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-state-employee-arrested-falsely-claiming-she-never-received-4k-loan-check-new-yorkBorrowing Against Your Contributions – State Police Plan
… loan in an amount sufficient to repay the loan and interest within five years. Loans are repaid through payroll … is $25. The maximum loan is 75 percent of your annuity savings contribution balance, minus any outstanding loan … have an account balance of at least $1,334. If you joined on or after January 1, 2018, the total maximum loan …
https://www.osc.ny.gov/retirement/publications/1518/borrowing-against-your-contributions-0Mandatory Membership – Membership and Enrollment
… 1, 1967, the member had to earn at least $1,000. On or after April 1, 1967, the member had to earn at least $1,500. Employer Failure to Enroll Employee in NYSLRS If you fail to enroll an employee who is required to join …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/mandatory-membershipChild Support and Spousal Maintenance – Divorce and Your Benefits
… An Income Withholding Order for child support or spousal maintenance … applied toward the member’s pension payments. A new Income Withholding Order must be served on NYSLRS after the member …
https://www.osc.ny.gov/retirement/members/divorce/child-support-and-spousal-maintenanceContract #C001195 – OSC Trade Show Booths
… March 26, 2025 The Office of the State Comptroller (“OSC”) Office of Unclaimed Funds (“OUF”) and the New York … related to this opportunity should be sent to: RFP@osc.ny.gov . Information, as it becomes available, will be …
https://www.osc.ny.gov/procurement/c001195Automatic Orders – Divorce and Your Benefits
… Automatic Orders are court orders that prohibit parties in a divorce case from making transactions such as …
https://www.osc.ny.gov/retirement/members/divorce/automatic-ordersDiNapoli: NYC Forecasts $965 Million Surplus Fueled by Federal Aid
… in unrestricted federal aid, and projects outyear gaps to drop by nearly a third from earlier estimates, according to a report released today by State Comptroller Thomas P. … “The latest numbers are good news for the city, thanks to strong market returns and the influx of federal funds,” …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-nyc-forecasts-965-million-surplus-fueled-federal-aidDeath Benefits – Divorce and Your Benefits
… retiring) . It is payable to the member’s last designated beneficiary(ies). To be effective, the member must properly execute and file the appropriate beneficiary designation with NYSLRS. A DRO may direct a … death benefit. The benefit is payable to the beneficiary(ies) designated by the member. For more …
https://www.osc.ny.gov/retirement/members/divorce/death-benefitsComptroller DiNapoli Releases State Audits
… claims submitted by providers for services rendered to Medicaid-eligible recipients, and it generates payments to … the initial report. Metropolitan Transportation Authority (MTA): Headquarters and Capital Construction Travel and Entertainment Expenses (2013-S-47) Auditors found MTA Headquarters and MTA Capital Construction have …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-releases-state-auditsDiNapoli: Retired Westchester County Police Officer Indicted for Forging State Records to Illegally Double-Dip From State Pension Fund
… from the New York State and Local Retirement System (NYSLRS) by taking unlawful pension payments and forging a … copies of any waivers he had been granted. In response to NYSLRS’ inquiry, Sciacca allegedly supplied the retirement …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-retired-westchester-county-police-officer-indicted-forging-state-records-illegally-doubleAbout Offering a Retirement Plan – What Every Employer Should Know
… Why offer a Retirement System plan to your employees? Being part of NYSLRS enables municipal employers, regardless of their size, to offer employees an attractive benefits package, including a defined benefit pension . With a defined benefit pension, employees can be …
https://www.osc.ny.gov/retirement/employers/partnership/about-offering-retirement-planDiNapoli Releases Subway Ridership Dashboard
… details where straphangers are, and are not, returning to the subway system, alongside neighborhood and local … from the pandemic’s devastation.” "Public transit riders have powered New York's pandemic response and are hard at … build back." “Our immigrant essential workers and families have always relied on the subway system to meet their work …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-releases-subway-ridership-dashboardDiNapoli and Orange County DA Hoovler Detail Guilty Plea in Pension Fraud Case
… funds that White illegally stole from the state pension system. White’s mother was a pensioner, vested in the New York State and Local Retirement System (NYSLRS). At the time that White’s mother … get away with defrauding the New York State and Local Retirement System of over $50,000, but she was wrong,” said …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-and-orange-county-da-hoovler-detail-guilty-plea-pension-fraud-caseChallenging a Determination – Special 20- and 25-Year Plans
… with the Hearing Administration Bureau within four months of the initial determination. Anyone who has had a retirement … will send you an acknowledgment letter with an explanation of the hearing process. If you have questions about the …
https://www.osc.ny.gov/retirement/publications/1517/challenging-determinationRFQual #24-01 Medical Examiner Management Services
… System and the Local Police and Fire Retirement System (“NYSLRS”) and as authorized by the Retirement and Social Security Law, is seeking to contract with entities able to provide the services of physicians having general and …
https://www.osc.ny.gov/procurement/rfqual-24-01Borrowing Against Your Contributions – Special 20- and 25-Year Plans
… payment goes down. With a refinanced loan , you add the new loan amount to your existing balance and refinance the entire amount as one new loan. The minimum repayment amount for a refinanced loan …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsNYSLRS Ordinary Death Benefit
… Legislative Session 2023-2024: NYSLRS Ordinary Death Benefit – A.10570/S.9812-A (Zebrowski/Skoufis) – Authorizes … beneficiaries to choose pension benefits or a death benefit in certain circumstances. Memo Bill Text Status … … beneficiaries to choose pension benefits or a death benefit in certain circumstances …
https://www.osc.ny.gov/legislation/nyslrs-ordinary-death-benefit