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NYSLRS Ordinary Death Benefit
… (Zebrowski/Skoufis) – Authorizes beneficiaries to choose pension benefits or a death benefit in certain … Authorizes beneficiaries to choose pension benefits or a death benefit in certain …
https://www.osc.ny.gov/legislation/nyslrs-ordinary-death-benefitNYSLRS Contact Information
NYSLRS employers, if you have questions, please use this contact information.
https://www.osc.ny.gov/files/retirement/employers/pdf/nyslrs-contact-info-for-employers.pdfXVI.3.F Public Benefit Corporations – XVI. Financial Reporting
… Preparation: The following is a discussion of each public benefit corporation, public authority, not-for-profit corporation and similar entities (collectively called public benefit corporations) considered for inclusion within … The following is a discussion of each public benefit corporation public authority notforprofit …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3f-public-benefit-corporationsEmployer's Guide - Section 1: About NYSLRS
The Employer’s Guide is a resource for the benefit and payroll staff of NYSLRS’ participating employers to help them do their Retirement System-related work.
https://www.osc.ny.gov/files/retirement/employers/pdf/employers-guide-section-1.pdfHow the Program Works – Contribution Stabilization Program
… Employers will see the maximum amount to amortize in their estimated invoice (available in Retirement Online every summer) and the annual invoice (issued in Retirement Online in November). The projected invoice, which … Explaining the New York State and Local Retirement System NYSLRS Contribution Stabilization Program …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksNYSLRS Fact Sheet
… Overview The New York State and Local Retirement System (NYSLRS) administers two distinct … are: The Employees’ Retirement System (ERS) The Police and Fire Retirement System (PFRS) Member Information (as of … of March 31, 2025) Average pension for all ERS retirees and beneficiaries: $28,491 Tiers of membership Tier 1 joined …
https://www.osc.ny.gov/retirement/resources/nyslrs-fact-sheetOperational Advisory No. 31
… Approval tab will indicate that the transaction has been: Auto Approved (Generic GL User) and posted during the next … Routed to OSC BSAO Workflow for additional review, or Auto Denied (denial reason will be noted in the comments) …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/31-general-ledger-journal-entries-workflow-changeAnnual Wage for New Tier 6 Employees
… based on their salaries as of their hire date. How to Determine the Annual Wage In order to ensure the correct contribution rates are applied to the earnings of your Tier 6 employees, it is … employee is expected to earn for the year at the time they are hired. This should include all wage types that will be …
https://www.osc.ny.gov/retirement/employers/annual-wage-new-tier-6-employeesDiNapoli: Waiving Waiting Period for Public Workers' Retirement Protects Families During Pandemic Crisis
… before their service retirement date is effective. This window exists to give the member time to change their mind … to request the Executive Order, which rescinds the 15-day window for NYSLRS’ members applying for service retirement …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-waiving-waiting-period-public-workers-retirement-protects-families-during-pandemic-crisisThe Ex-spouse’s Payments – Divorce and Your Benefits
… ex-spouse’s payments will begin after we calculate their distribution. Payments will not be retroactive to the date … the DRO. If an ex-spouse is entitled to a retroactive distribution, the DRO must clearly state that intent, note … over their monthly benefit into a tax-deferred retirement account (such as an IRA, 401K, 403b, etc.). Rev. 2/23 …
https://www.osc.ny.gov/retirement/members/divorce/ex-spouses-paymentsTown of Benson - Disbursements (2019M-54)
… or bank account transfers. The Board lacked oversight of the Supervisor. Key Recommendations Destroy signature … and bank account transfers. Perform an annual audit of the Supervisor’s records and reports. Except as specified …
https://www.osc.ny.gov/local-government/audits/town/2019/06/21/town-benson-disbursements-2019m-54Western Suffolk Board of Cooperative Educational Services – Budget Transfers and Confirming Purchase Orders (2016M-218)
… Suffolk Board of Cooperative Educational Services (BOCES) is an association of 18 component school districts. Combined, … students in the western area of Suffolk County. BOCES is governed by a seven-member Board of Education elected by … $160.4 million. Key Findings Although the Board is required to approve all budget transfers above $25,000, …
https://www.osc.ny.gov/local-government/audits/boces/2016/09/30/western-suffolk-board-cooperative-educational-services-budget-transfers-andSelected Aspects of Collection of Bridge and Tunnel Tolls and Fees
… fully implemented the new Department of Motor Vehicles (DMV) toll enforcement regulations, and whether there are … 127.14) was implemented in January 2016 that allows the DMV to suspend vehicle registrations for owners with five or … on drivers. TBTA also did not fully utilize the new DMV registration suspension program, as evidenced by submitting …
https://www.osc.ny.gov/state-agencies/audits/2017/11/14/selected-aspects-collection-bridge-and-tunnel-tolls-and-feesVacating Orders – Divorce and Your Benefits
… a DRO has been filed with NYSLRS, the parties must return to court to obtain a Vacating Order. A signed agreement or a notarized letter signed by the parties is not sufficient to vacate a DRO. NYSLRS requires that the Vacating Order …
https://www.osc.ny.gov/retirement/members/divorce/vacating-ordersMaintenance, Inspection, and Testing of the Event Recorder System
… Background The Metropolitan Transportation Authority (MTA) is a State public authority created under Article 5, Title 11 … its infrastructure and trains. A key feature on the train is the ERS – a device that simultaneously monitors and … Regulations (CFR), periodic maintenance for the railroad is considered effective if 90 percent of the recorders on …
https://www.osc.ny.gov/state-agencies/audits/2018/11/07/maintenance-inspection-and-testing-event-recorder-systemLife Changes: Why Should I Designate a Beneficiary?
… beneficiary designations and how you can change them. For more detailed information about the benefits available to … death benefit, and/or A New York State survivor’s benefit (for beneficiaries of New York State employees). You may … benefit is mandated by law. Please read your plan booklet for eligibility information on the accidental death benefit. …
https://www.osc.ny.gov/retirement/publications/life-changes-why-should-i-designate-beneficiaryHomeless Outreach Program at the Metro-North Railroad
… Purpose To determine whether the Metro-North Railroad (Metro-North) … Metro-North has met its goal in assisting homeless clients to appropriate shelters off Metro-North property. Our audit covered the period June 16, 2017 to September 30, 2018. Background With an annual ridership of …
https://www.osc.ny.gov/state-agencies/audits/2019/02/21/homeless-outreach-program-metro-north-railroadNew York State Common Retirement Fund
… New York State Common Retirement Fund The New York State Common Retirement Fund is … providing retirement security for over one million New York State and Local Retirement System (NYSLRS) members, retirees and … The New York State Common Retirement Fund holds and invests the …
https://www.osc.ny.gov/common-retirement-fundMember & Retiree E-News Archive — 2026
… retirement news and information, subscribe to E-News . May 2026 Members Member Annual Statements Available Online Your … Information Update Your Contact Information April 2026 Members: April is Financial Literacy Month Comptroller … Retirees: Questions About Your Pension Payment? March 2026 Save Time with Retirement Online Retirees: NYSLRS 1099-R …
https://www.osc.ny.gov/retirement/publications/member-retiree-e-news-archive-2026