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Membership Milestones for Employees’ Retirement System (ERS) Members
… by certain job-related death and disability benefits. After 1 year of service credit, you are covered by a … for early retirement between age 55 and 62 are eliminated. After Retirement: If you retire directly from payroll, you will be covered by a post-retirement death benefit. After you retire and begin collecting a monthly benefit, you …
https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-membersDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… DiNapoli today announced employer contributions rates for the New York State and Local Retirement System (NYSLRS) for … average contribution rates will increase from 15.2% to 16.5% of payroll for the Employees’ Retirement System (ERS) and from 31.2% to … DiNapoli today announced employer contributions rates for the New York State and Local Retirement System NYSLRS for …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26DiNapoli Encourages New Yorkers to Save for College
… Savings account to start saving now to help with the costs of getting a degree. According to the Federal Reserve Bank of New York's latest figures from 2015, the nationwide … loan balance is $29,700 and New Yorkers owe an average of $32,200. As the cost for a college education increases, …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-encourages-new-yorkers-save-collegeAdditional Service Credit for Sick Leave (Section 41[j]) – Coordinated Plan For ERS Tier 3 and 4 Members
… Coordinated Plan information for ERS Tier 3 and 4 members under Articles 14 and 15 Additional Service Credit for Sick Leave Section 41j …
https://www.osc.ny.gov/retirement/publications/1522/additional-service-credit-sick-leave-section-41jCredit for Previous Public Employment or Military Service – Coordinated Plan For ERS Tier 3 and 4 Members
… Coordinated Plan information for ERS Tier 3 and 4 members under Articles 14 and 15 Credit for Previous Public Employment or Military Service …
https://www.osc.ny.gov/retirement/publications/1522/credit-previous-public-employment-or-military-serviceThe Survivor’s Benefit Program for Retired NYS Employees
… the 15 years immediately preceding your departure or retirement from State service. Additionally, you must meet … service and be a member of the New York State and Local Retirement System (NYSLRS) or the New York State Teachers’ Retirement System (NYSTRS); OR Retire directly from State …
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-retired-nys-employeesCredit for Previous Public Employment or Military Service – Coordinated Plan For ERS Tier 5 Members
Coordinated Plan information for ERS Tier 5 members under Article 15 Credit for Previous Public Employment or Military Service
https://www.osc.ny.gov/retirement/publications/1523/credit-previous-public-employment-or-military-serviceAdditional Service Credit for Sick Leave (Section 41[j]) – Coordinated Plan For ERS Tier 5 Members
Coordinated Plan information for ERS Tier 5 members under Article 15 Additional Service Credit for Sick Leave Section 41j
https://www.osc.ny.gov/retirement/publications/1523/additional-service-credit-sick-leave-section-41jNYSLRS Announces Employer Contribution Rates for SFY 2026-27
… Employers’ average contribution rates will increase from 16.5% to 17.6% of payroll for the Employees’ Retirement … in ERS and PFRS, and more than 300 different retirement plan combinations. In the SFY that ended March 31, 2025, … assumptions recommended by NYSLRS’ actuary, who is required to review the actuarial assumptions and experience …
https://www.osc.ny.gov/press/releases/2025/09/nyslrs-announces-employer-contribution-rates-sfy-2026-27DiNapoli Calls for Improvements to Capital Planning Process
… its capital program, with another $9.6 billion proposed for the upcoming fiscal year, according to a report released … New York's capital spending over the past decade and plans for the coming years, concludes that reforms are needed to … said. "The Governor and Legislature deserve credit for creating a task force to coordinate New York's …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-calls-improvements-capital-planning-processDiNapoli Calls for Reforms to State Fiscal Practices
… rating agencies have raised concerns about New York’s low reserves compared to other states. DiNapoli’s proposal …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-calls-reforms-state-fiscal-practicesDiNapoli Releases Bond Calendar for March and April
… today announced a tentative schedule for the planned bond sales for New York State, New York City and their major public authorities during the months of March … by the committee to assist participants in the municipal bond market. It is contingent upon execution of all project …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-releases-bond-calendar-march-and-aprilDiNapoli: Contractor Charged State for Booze & Sunset Cruise
… a sunset cruise at a conference at the Montauk Yacht Club Resort & Marina, and more than $22,000 for a staff picnic, … to attend a two-day conference at the Montauk Yacht Club Resort and $22,901 for a staff picnic. While at the resort, PSCH charged $10,723 for alcohol, $5,064 for extra …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-contractor-charged-state-booze-sunset-cruiseDiNapoli Releases Bond Calendar for June and July
… today announced a tentative schedule for the planned bond sales for New York state, New York City and their major public authorities during the months of June … by the committee to assist participants in the municipal bond market. It is contingent upon execution of all project …
https://www.osc.ny.gov/press/releases/2023/06/dinapoli-releases-bond-calendar-june-and-julyXI.12.F Reassignment of Agency Responsibility for Contracts – XI. Procurement and Contract Management
… reorganized, consolidated, or expanded; or responsibility for specific projects or programs may be reassigned to other … may necessitate reassignment of responsibility for all or some contracts of one Business Unit / Department … Agencies must concurrently transmit two transactions for agency reassignment of a contract: An amendment …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12f-reassignment-agency-responsibility-contractsContract Submission System Guide for Public Authority Users
… by the authority or authority group to OSC since May 2010. Results display in table format. Manage Contacts Provides the ability to add or edit a contact. Displays all individuals designated to receive … appropriate contract prefix and then enter the contract number that has been assigned by the contracting authority …
https://www.osc.ny.gov/state-agencies/contracts/contract-submission-system-guide-public-authority-usersFare Revenue Considerations for the Metropolitan Transportation Authority
… were exacerbated by the pandemic, which took a substantial toll on ridership and related revenue, necessitating an … 73 percent and 88 percent of pre-pandemic levels by 2026. Bolstering ridership and the revenue it generates by … below ranged from 31 percent in Boston’s Massachusetts Bay Transportation Authority (MBTA) to 35.7 percent in the …
https://www.osc.ny.gov/reports/osdc/fare-revenue-considerations-metropolitan-transportation-authorityXIV.10.A Required Information for State Credit Cards – XIV. Special Procedures
… includes the Procurement, Travel, Non-Employee Travel (NET), and Fuel cards. Process and Document Preparation: For …
https://www.osc.ny.gov/state-agencies/gfochapter-xiv/xiv10a-required-information-state-credit-cardsDiNapoli Issues Fiscal Stress Scores For Upstate Cities
… With today’s announcement, DiNapoli’s office has completed the initial scoring for all local governments and school districts in New York. “Since implementing the system last year, we have evaluated the fiscal condition of nearly 2,300 municipalities and … With todays announcement DiNapolis office has completed the initial scoring for all local governments and school …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-issues-fiscal-stress-scores-upstate-citiesXIV.14.C Necessity for General Capital Assets Reporting – XIV. Special Procedures
… purpose of recording capital assets in the Statement of Net Position is to record the value of these assets, as …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14c-necessity-general-capital-assets-reporting