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Annual Employer Contributions – Employer Contributions and Rates
… during State Fiscal Year April 1, 2024 – March 31, 2025; and The rates from the Actuarial Valuation for State … estimated invoice of your employer contributions, and in November, we provide your final annual invoice . The 2027 … estimated invoice of your employer contributions, and in November 2026, we will provide your final annual invoice. …
https://www.osc.ny.gov/retirement/employers/contributions/annual-employer-contributionsXVI.3.F Public Benefit Corporations – XVI. Financial Reporting
… and Document Preparation: The following is a discussion of each public benefit corporation, public authority, … (PBC's) determined, in accordance with provisions of GASB Codification Section 2100, to be included within the … death and certain permanent disability claims exclusive of claims applicable to the State Insurance Fund. The State …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3f-public-benefit-corporationsApplying for Benefits – Special 20- and 25-Year Plans
… To apply for all Retirement System benefits, you must file the … with benefit descriptions throughout this publication). For an application to be considered as “filed with the … need help, you can call 866-805-0990, make an appointment for a pre-retirement consultation or send your question using …
https://www.osc.ny.gov/retirement/publications/1517/applying-benefitsCredit for Military or Additional Service – State Police Plan
… be able to receive credit toward your retirement benefit for military service or other public employment. Military … eligible to purchase credit toward your retirement benefit for your military service. Military service is creditable … military service was before or after you joined NYSLRS. For more information, visit our Military Service Credit page …
https://www.osc.ny.gov/retirement/publications/1518/credit-military-or-additional-serviceCredit for Military or Additional Service – Special 20- and 25-Year Plans
… be able to receive credit toward your retirement benefit for military service or other public employment. Military … eligible to purchase credit toward your retirement benefit for your military service. Military service is creditable … military service was before or after you joined NYSLRS. For more information, visit our Military Service Credit page …
https://www.osc.ny.gov/retirement/publications/1517/credit-military-or-additional-serviceDeath Benefits
… registration number, or the last four digits of your Social Security number on the letter, as well as your … ordinary death benefit you had before you retired and how long you have been retired. First year of retirement: 50 … for this benefit. Your beneficiaries for this benefit do not have to be the same as your pension payment option …
https://www.osc.ny.gov/retirement/retirees/death-benefitsAccidental Death Benefit Extender
… Police and Fire Retirement System (collectively NYSLRS). Memo Bill Text Status …
https://www.osc.ny.gov/legislation/accidental-death-benefit-extenderHawthorne Cedar Knolls Union Free School District – Internal Controls Over Wire Transfers (2016M-183)
… banks offer various security controls such as callback verification of transactions and email confirmation of those …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/hawthorne-cedar-knolls-union-free-school-district-internal-controls-overMetropolitan 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.zipVillage of Odessa – Clerk-Treasurers' Records and Reports (2020M-11)
… . She earned and used leave that she was not entitled to and paid herself an unauthorized payment for unused leave to which she was not entitled when she left Village … officials agreed with our findings and indicated they have initiated or plan to initiate corrective action. …
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 … Contractor vs. Employee page .) Employers using the enhanced reporting format report more data on employees, retirees, etc., which will enable NYSLRS to store and retrieve that information if …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/overviewEarnings Limits
… Overview The earnings included in the calculation of your final average 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 … The earnings included in the calculation of a NYSLRS pension may be limited If you earn more than the …
https://www.osc.ny.gov/retirement/members/earnings-limitsGet Help
… Filing System VendRep System - Enroll Now Proceed to Login …
https://www.osc.ny.gov/online-services/get-helpDiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… Total revenue for New York City’s budget is expected to drop by 9.4% to … risks means the city should continue to identify areas for savings, track how its services are delivered amid … in FY 2023. City funds are projected to account for 73% of total revenues, or $73.3 billion, in FY 2023. The city also …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapeMaintenance, Inspection, and Testing of the Event Recorder System
… were to determine whether the the Long Island Rail Road (LIRR) maintains and inspects its Event Recorder System (ERS) … Authorities Law. One of six MTA constituent agencies, the LIRR, founded in 1834, has grown to become the largest … within its infrastructure and trains. A key feature on the train is the ERS – a device that simultaneously monitors and …
https://www.osc.ny.gov/state-agencies/audits/2018/11/07/maintenance-inspection-and-testing-event-recorder-systemOrdinary Death Benefit
… System (TRS) is in service to the full retirement age. Memo Bill Text Status …
https://www.osc.ny.gov/legislation/ordinary-death-benefitSelected Aspects of Collection of Bridge and Tunnel Tolls and Fees
… registrations for owners with five or more unpaid toll violations on different days within an 18-month period. Key …
https://www.osc.ny.gov/state-agencies/audits/2017/11/14/selected-aspects-collection-bridge-and-tunnel-tolls-and-feesState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… Thomas P. DiNapoli today announced the New York State and Local Retirement System (NYSLRS) employer contribution … System (ERS) with a small increase in rates for the Police and Fire Retirement System (PFRS). DiNapoli is also dropping … “Through solid investment returns, prudent management and a diverse portfolio we have kept the state pension fund …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredNotification of Employee’s Retirement – When Employees Retire
… employee has applied for retirement, provides their date of retirement, and instructs you to complete and submit final … payment information . If your employee changes their date of retirement, you will receive another notification with their new date of retirement. New Page Coming Soon to Retirement Online: …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/notification-employees-retirementHomeless Outreach Program at the Metro-North Railroad
… Purpose To determine whether the Metro-North Railroad (Metro-North) has appropriate oversight and monitoring controls over its … shelters off Metro-North property. Our audit covered the period June 16, 2017 to September 30, 2018. Background … To determine whether the MetroNorth Railroad has appropriate oversight and …
https://www.osc.ny.gov/state-agencies/audits/2019/02/21/homeless-outreach-program-metro-north-railroad