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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
… (Abbate) / S.6313 (Gounardes) – Extends the period of time to 5 years within which to file an application for an Accidental Death Benefit after … Extends the period of time to 5 years within which to file an application for an Accidental Death Benefit after …
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)
… reported an additional 392 . 54 days worked to the New York State and Local Retirement System (NYSLRS). Key … or unauthorized leave payments. Ensure the Clerk-Treasurer’s monthly reports to NYSLRS are accurate. Village officials …
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-landscapeOrdinary Death Benefit
… the age at which the ordinary 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' Retirement System (TRS) is in service to the full retirement age. Memo Bill Text Status …
https://www.osc.ny.gov/legislation/ordinary-death-benefitMaintenance, 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-systemSelected 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