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DiNapoli Statement on the Governor’s 9th Proposal for the 2018 State of the State
… York State Common Retirement Fund is a leader among public pension funds that are investing to build a low carbon … billion and growing. For all of this and more, the state pension fund has been recognized as the top U.S. investor, … to the emerging low-carbon economy. "As trustee of the pension fund, I participated in the U.N. conferences in Paris …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-statement-governors-9th-proposal-2018-state-stateDiNapoli: Son Who Left His Dad’s Body In Morgue Sentenced For Stealing His Retirement Payments
… Bunn of Queens for concealing his father’s death to collect his pension and Social Security payments. “This case is a warning … by filing a complaint online at [email protected].ny.us , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-son-who-left-his-dads-body-morgue-sentenced-stealing-his-retirement-paymentsAssociate Counsel Pension Investment Unit (2 Vacancies)
The Office of the State Comptroller has two Associate Counsel Vacancies. Both Associate Counsel positions will work closely with investment staff on the negotia
https://www.osc.ny.gov/files/employment/pdf/associate-counsel-05-2018.pdfDiNapoli: Georgia Woman Pleads Guilty to Stealing Her Deceased Father's NY State Pension Checks
… helps to restore trust in the justice system by sending a clear message: the law will hold anyone accountable for trying to … $246,272.32, were made into the jointly held bank account after Joseph Bertolino’s death. Alayne Bertolino used the …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-georgia-woman-pleads-guilty-stealing-her-deceased-fathers-ny-state-pension-checksCost-of-Living Adjustment – Special 20- and 25-Year Plans
… each year. This cost-of-living adjustment (COLA) — subject to pension caps and limitations — is 50 percent of the … of your Single Life Allowance, even if you selected a different option at retirement. You will begin receiving an … payment option that pays a lifetime benefit to your beneficiary and if the beneficiary is your spouse, they will …
https://www.osc.ny.gov/retirement/publications/1517/cost-living-adjustmentLoans – Divorce and Your Benefits
… with a share of the pension calculated without reference to any outstanding loans, the ex-spouse’s share will also be … any other date before retirement. NYSLRS may not be able to provide an ex-spouse with their full equitable share of … previously accepted DRO may be rejected at retirement due to insufficient funds for the ex-spouse. Rev. 2/23 …
https://www.osc.ny.gov/retirement/members/divorce/loansAdministration of Fellowship Leaves (Follow-Up)
… were needed to protect taxpayer dollars and the integrity of CUNY’s fellowship leave program. For example, …
https://www.osc.ny.gov/state-agencies/audits/2016/02/17/administration-fellowship-leaves-followNew York State Comptroller DiNapoli Statement on Governor Signing Legislation to Restore Contract Review Authority
… who fought so hard to restore our oversight. This is a win for good government and taxpayers.” Reports State …
https://www.osc.ny.gov/press/releases/2022/12/new-york-state-comptroller-dinapoli-statement-governor-signing-legislation-restore-contract-reviewDiNapoli: Pleasant Valley Woman Arrested Stealing Funds From New York State and Local Retirement System
New York State Comptroller Thomas P DiNapoli and the New York State Police announced the arrest of Bonnie S Robertson 63 of Pleasant Valley in the alleged theft of nearly $42000 of her deceased mothers pension payments
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-pleasant-valley-woman-arrested-stealing-funds-new-york-state-and-local-retirement-systemEstimate Your Pension
… Use Retirement Online to Create Custom Pension Estimates Most Tier 2, 3, 4, 5 and 6 members can use Retirement Online to create NYSLRS pension estimates based on the salary … you. Creating an estimate is easy. Sign in to Retirement Online . From your Account Homepage, go to the ‘My Account …
https://www.osc.ny.gov/retirement/members/estimate-your-pensionThe 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-orderDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… Employer contribution rates for the New York State and Local Retirement System (NYSLRS) in State … assumptions recommended by the Retirement System’s Actuary and approved by DiNapoli. A copy of the Actuary’s …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19DiNapoli: State Pension Fund Value $192 Billion
… long term asset allocation. We continue to manage one of best funded, best performing pension plans in the nation and that’s great … fund in the country and remains one of the nation’s best-managed and best-funded pension plans. The New York …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionEarnings Limits
… earnings (FAE) , which is used to determine your NYSLRS pension, may be limited. If you earn more than the limit, it will not be factored into your pension and your employer should not withhold member … 401(a)(17) limits the earnings used in the calculation of pension benefits. The amount is set by federal law and …
https://www.osc.ny.gov/retirement/members/earnings-limitsFar Rockaway Pre-School Executive Director Sentenced to Jail Time for Theft of Education Funds Intended for Special Needs Students
… the city's largest providers of special education services to preschoolers with disabilities, has been sentenced to six months in prison and probation after repaying $650,000 … Island Child Development Center (ICDC) was a private not-for-profit company that was located at 1854 Cornaga Avenue in …
https://www.osc.ny.gov/press/releases/2018/03/far-rockaway-pre-school-executive-director-sentenced-jail-time-theft-education-funds-intended-specialRabbi Who Pleaded Guilty to Stealing $5 Million of Funds Intended for Special Needs Students Sentenced to Up to Three Years in Prison
… P. DiNapoli, today announced that Rabbi Samuel Hiller, the former assistant director of Island Child Development Center, once one of the City's … of over $50 million in public funds. Since taking office in 2007, DiNapoli has committed to fighting public …
https://www.osc.ny.gov/press/releases/2017/10/rabbi-who-pleaded-guilty-stealing-5-million-funds-intended-special-needs-students-sentenced-threeOversight of Grants (Follow-Up)
… Purpose To assess the extent of implementation as of March 7, 2014 of the eight … in our initial audit report, Oversight of Grants (2009-S-78). Background Our initial report, issued July 21, 2011, … Department officials are awaiting implementation of a new Statewide Grants Management System, currently scheduled …
https://www.osc.ny.gov/state-agencies/audits/2014/03/21/oversight-grants-followSubmitting a DRO – Divorce and Your Benefits
… the County Clerk, or an attorney’s certification pursuant to Civil Practice Law and Rules Section 2105. NYSLRS also … Submit the DRO and a copy of the judgment of divorce to: NYSLRS Matrimonial Bureau 110 State Street Mail Drop 7-9 Albany, NY 12244-0001 DROs can also be emailed to [email protected] or faxed to 518-473-0718. After receiving a …
https://www.osc.ny.gov/retirement/members/divorce/submitting-droComptrollers DiNapoli & Stringer Call on Corporations to Protect LGBT Rights Around World
… M. Stringer released a joint letter today on behalf of the state and city pension funds to 20 major U.S. … of the LGBT civil rights movement here in the U.S. is inspiring, but LGBT men and women face a rising tide of … Russian gay community continue to appear on VKontakte (VK.com). The letter notes that one group in particular, calling …
https://www.osc.ny.gov/press/releases/2014/06/comptrollers-dinapoli-stringer-call-corporations-protect-lgbt-rights-around-world14th Annual Emerging Manager & MWBE Conference
… Manager & MWBE Conference is an opportunity for attendees to connect with New York State Common Retirement Fund (Fund) … State Common Retirement Fund. As of December 31, 2020, the value of the Fund was $247.7 billion. Under the direction of … Top Women CIOs (Session A) Play Video Discussion on how the nation’s top women CIOs have managed to succeed in …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/14-annual-conference