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Operational Advisory No. 31
… Subject : GFO Updates pertaining to the new General Ledger Journal Entry (GLJE) Workflow Change … … GFO Updates pertaining to the new General Ledger Journal Entry GLJE Workflow Change …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/31-general-ledger-journal-entries-workflow-changeOrdinary Death Benefit
… commences to be reduced while a member of the New York State and Local Retirement System (NYSLRS) and the New York State Teachers' …
https://www.osc.ny.gov/legislation/ordinary-death-benefitMetropolitan Transportation Authority - MTA Bridges and Tunnels
All agency audits from 2009 to present.
https://www.osc.ny.gov/files/state-agencies/audits/zip/metro-transport-authority-mta-bridges-tunnels.zipHomeless Outreach Program at the Long Island Rail Road
… Purpose To determine whether the Long Island Rail Road (LIRR) has appropriate oversight …
https://www.osc.ny.gov/state-agencies/audits/2019/01/16/homeless-outreach-program-long-island-rail-roadDays Worked Calculator – Reporting Elected and Appointed Officials
… Officials Paid Per Payroll Period Use this calculator to convert the ROA result (average number of days worked per … service credit to NYSLRS. For more information about how these results are calculated, go to Calculating Record … worked to put on your monthly report. Rev. 5/22 … How to calculate days worked for elected and appointed officials …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/days-worked-calculatorState Police Bulletin No. SP-180
… State Police Investigators Association (NYSPIA), provides for an increase to maintenance allowance. Effective Date(s) … or Leave of Absence/MLL (Mil Lv) on 04/06/17 are eligible for the Maintenance Allowance. OSC Actions OSC will … Manual > Time Entry Payments > Overtime Compensation). Retirement Information The Maintenance Allowance is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-180-2017-maintenance-allowance-mta-increaseNYSLRS Fact Sheet
… 713,802 members (74% of members are active—reported on the payroll of a participating employer as of fiscal year … members are PFRS (91% of PFRS members are active) 476,770 retirees 45,485 beneficiaries ERS (as of March 31, 2024) Average salary: $61,754 Average pension for all ERS retirees and beneficiaries: $27,870 Average pension for new …
https://www.osc.ny.gov/retirement/resources/nyslrs-fact-sheetGuide to Domestic Relations Orders – Divorce and Your Benefits
NYSLRS pensions are considered marital property and may be divided when a marriage ends Guide to Domestic Relations Orders Introduction
https://www.osc.ny.gov/retirement/members/divorce/guide-domestic-relations-ordersApplying for Benefits – Special 20- and 25-Year Plans
… application with the Office of the State Comptroller in a timely manner (filing deadlines are provided along with … or send your question using our secure contact form . Service Retirement Benefits You must apply for a … for Retirement.” You can also file for retirement by mail. You can print a paper Application for Service …
https://www.osc.ny.gov/retirement/publications/1517/applying-benefitsRolling Stock Programs Department – Selected Aspects of the M9 Rail Car Project Management (Follow-Up)
… of the 12 recommendations included in our initial audit report, Rolling Stock Programs Department – Selected Aspects … June 2023. It remains an important transportation artery for the New York region. On September 18, 2013, LIRR awarded … included a firm initial base order of 92 cars with options for an additional 584 M9 cars for LIRR and/or Metro- North …
https://www.osc.ny.gov/state-agencies/audits/2023/12/06/rolling-stock-programs-department-selected-aspects-m9-rail-car-project-management-followCredit for Military or Additional Service – State Police Plan
… You may be able to receive credit toward your retirement benefit for military service or other public … of NYSLRS or another public retirement system in New York State, your service may be recredited and your date … Application to Reinstate a Former Membership (RS5506) . … State Police Plan information for PFRS Tier 2 5 and 6 members …
https://www.osc.ny.gov/retirement/publications/1518/credit-military-or-additional-serviceCredit for Military or Additional Service – Special 20- and 25-Year Plans
… You may be able to receive credit toward your retirement benefit for military service or other public … Forces, you may be eligible to purchase credit toward your retirement benefit for your military service. Military … of NYSLRS, or another public retirement system in New York State, your service may be recredited and your date of …
https://www.osc.ny.gov/retirement/publications/1517/credit-military-or-additional-serviceVillage of Odessa – Clerk-Treasurers' Records and Reports (2020M-11)
… [read complete report – pdf] Audit Objective Determine whether the Clerk-Treasurers accurately and completely accounted for, recorded and reported financial transactions in a timely … not entitled to and paid herself an unauthorized payment for unused leave to which she was not entitled when she left …
https://www.osc.ny.gov/local-government/audits/village/2023/06/16/village-odessa-clerk-treasurers-records-and-reports-2020m-11Overview – Legacy Reporting
… not report withdrawn members or retirees who have returned to work under Section 211 or 212 of New York State Retirement … do not report contractors or consultants working for you. (To determine whether someone is an employee or a contractor/consultant, please refer to our Independent Contractor vs. Employee page .) Employers …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/overviewPreparing for Retirement
… Retirement is a big step, and this checklist will help prepare you to … booklet on our Publications page . If you aren’t certain what retirement plan you are in, you can check your … Call 1-866-805-0990, or 518-474-7736 in the Albany, NY area, to request a projection. In most cases, these …
https://www.osc.ny.gov/retirement/members/preparing-retirementDeath Benefits
… pension payment options provide a lifetime benefit to a beneficiary. Your beneficiary(ies) may also be entitled to a Post-Retirement … you as a NYSLRS retiree, but not all of them provide for a beneficiary. Visit our Payment Option Descriptions page to …
https://www.osc.ny.gov/retirement/retirees/death-benefitsEarnings Limits
… earnings (FAE) , which is used to determine your NYSLRS pension, may be limited. If you earn more than the limit, it … 6 (Joined NYSLRS On or After April 1, 2012) New York State Retirement and Social Security Law limits the earnings used … 31, 2018 $179,000 For More Information Find your retirement plan publication for comprehensive information …
https://www.osc.ny.gov/retirement/members/earnings-limitsHow to Report Days Worked – Legacy Reporting
… impact on their retirement benefits. We use days worked to determine service credit, which is the basis for benefit … cases, used in the calculation of benefits. Rev. 2/20 … NYSLRS employers report information about employees through …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/how-report-days-workedTrain On-Time Performance
… provides rapid transit services in New York City, 24 hours a day, 7 days a week. The MTA’s website lists schedules for … shuttles. Sometimes, a subway train is canceled (i.e., does not depart from the terminal, or departs later than half … Department of Subways (Subways) considers a train on time when it is not canceled or abandoned en route, and it arrives …
https://www.osc.ny.gov/state-agencies/audits/2015/08/12/train-time-performanceEmployer Estimated Invoice
… Overview An estimated invoice is provided in July for informational purposes. It … If you have the Billing Security Role, we notify you when your estimated invoice is available in Retirement Online … invoice will be provided in November. Payment will be due by February 1, 2025, or you will have the option to pay a …
https://www.osc.ny.gov/retirement/employers/employer-estimated-invoice