Search
State Agencies Bulletin No. 1776
… Purpose The purpose of this bulletin is to explain why the Retirement Plan check box in Box 13 of Form W-2 must be checked for most employees and left … retirement plan; or An active participant for any part of 2019 in an annuity account described in IRC Section 403(b) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1776-retirement-plan-checkbox-form-w-2-wage-and-tax-statement-tax-year-2019Do We have Your Money? Nearly $200 Million Returned to New York State Residents This Year
… events around the state this month to help residents search for lost and forgotten money, also known as unclaimed funds. DiNapoli oversees 31 million unclaimed funds … events around the state this month to help residents search for lost and forgotten money also known as unclaimed …
https://www.osc.ny.gov/press/releases/2015/06/do-we-have-your-money-nearly-200-million-returned-new-york-state-residents-yearDiNapoli Urges Congress to Expand Eligibility for Savings Program for Individuals with Disabilities
… Congress to increase the eligibility age from 26 to 46 for individuals who can participate in the Achieving a Better … Experience (ABLE) program, a savings and investment tool for individuals with disabilities. NY's ABLE program, which … in assets saved by individuals and their families to pay for medical and living costs. "People who become disabled …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-urges-congress-expand-eligibility-savings-program-individuals-disabilitiesAbout an Employer’s Role – What Every Employer Should Know
… about your employees throughout their employment. One of the most important responsibilities you have as a … participating employer is ensuring every employee is aware of the opportunity to join NYSLRS. By law, employers must notify new employees in writing of their right to join NYSLRS when they begin employment. …
https://www.osc.ny.gov/retirement/employers/partnership/about-employers-roleState Agencies Bulletin No. 962
… constitutional requirements, only applies to new members of PFRS who first join on or after January 9, 2010. Some of the significant changes impacting Tier 5 members include, but are not limited to: Employee contributions of 3% of pay for all years of creditable service Ten year …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/962-new-tier-5-benefit-structure-new-york-state-police-and-fire-retirementLife Changes: How Do I Prepare to Retire?
… longer. With many of us now spending a third of our lives in retirement, it’s important to consider how you can enjoy financial security in your retirement. By reading this booklet, you are taking … both your current benefits and those you may receive in the future is essential. To help you stay up to date, we …
https://www.osc.ny.gov/retirement/publications/life-changes-how-do-i-prepare-retireDiNapoli: NYC Parks Can Do More to Correct Barriers to People With Disabilities
… Comptroller’s Office audit found that the Parks Department did not identify and address obstacles to accessibility. In … at the design or completion phase. Parks officials did not properly watch over concession contractors to make … agreed with a number of the audit’s recommendations, it did disagree with several findings including the use of …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nyc-parks-can-do-more-correct-barriers-people-disabilitiesState Agencies Bulletin No. 2413
… Purpose: The purpose of this bulletin is to provide agencies with revised policies and procedures for … including the creation of a new earnings code to track pending recovery determinations. These policies and procedures do not apply to the recovery of lost time. Affected Employees: Any …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2413-revised-policies-and-procedures-addressing-overpaymentsJust Elected - What Do You Do Now?
Print out slideshow presentation to follow along with the webinar and take notes.
https://www.osc.ny.gov/files/local-government/academy/pdf/just-elected-webinar-12-12-19.pdfDiNapoli: State Needs to Ensure Timely Execution of Contracts with Not-For-Profits
… State agencies were late more than 77 percent of the time in approving contracts with not-for-profit … improvement from 2013 when contracts were late 87 percent of the time, a review of the trend for more than two decades indicates that late … State agencies were late more than 77 percent of the time in approving contracts with notforprofit …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-needs-ensure-timely-execution-contracts-not-profitsLife Changes: How Do I Prepare to Retire?
Essential information to help NYSLRS members understand their options as they plan for financial security in retirement.
https://www.osc.ny.gov/files/retirement/publications/pdf/1709-prepare-to-retire.pdfNY State Pension Fund and Church Commissioners for England Call for Exxon to Separate Board Chair and CEO Positions
… Head of Responsible Investment at Church Commissioners for England, today announced their support for a shareholder proposal that calls on ExxonMobil to … significant shareholder concerns and properly account for climate risk in its operations, even as its competitors …
https://www.osc.ny.gov/press/releases/2019/05/ny-state-pension-fund-and-church-commissioners-england-call-exxon-separate-board-chair-and-ceoChanging Employers – Membership and Enrollment
… A special plan allows for retirement after 20 or 25 years of service, regardless of age. If an employee is considering a promotion to a … is generally not creditable in PFRS special plans. Members of PFRS should be made aware that a civilian or …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/changing-employersPreventing Inappropriate and Excessive Costs in the New York State Health Insurance Program
… Program (NYSHIP), administered by the State Department of Civil Service (Civil Service), is one of the nation’s largest public sector health insurance … employers, and NYSHIP members $9.2 billion. Members of NYSHIP have the opportunity to select various plans for …
https://www.osc.ny.gov/state-agencies/audits/2018/05/09/preventing-inappropriate-and-excessive-costs-new-york-state-health-insurance-programState Agencies Bulletin No. 960
… with procedures to populate retirement records in PayServ for employees who enroll in ERS. Affected Employees Employees … are not limited to: Employee contributions of 3% of pay for all years of service with an exception for State correction officers which are limited to 30 years …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/960-new-tier-5-benefit-structure-new-york-state-employees-retirement-systemState Comptroller DiNapoli Releases Audits
… issued State Education Department (SED): Infant and Child Learning Center (ICLC) - The Research Foundation for the … cost savings to NYSHIP would occur if more out-of-network providers who improperly waive members’ out-of-pocket … costs ended this practice and joined the Empire Plan network. Additionally, out-of-network providers who join the …
https://www.osc.ny.gov/press/releases/2018/06/state-comptroller-dinapoli-releases-auditsOverview – Membership and Enrollment
… New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in the United States with … and beneficiaries. NYSLRS has long been recognized as one of the best-managed and best-funded public retirement systems … The Police and Fire Retirement System (PFRS). Benefits of NYSLRS Membership NYSLRS membership provides many benefits …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewAdministrative Hearings
… the issues to be decided. Due to the global pandemic, all hearings are currently being conducted virtually using Webex, …
https://www.osc.ny.gov/retirement/members/administrative-hearingsNew York State Comptroller DiNapoli Statement on DACA
… history. There are 800,000 young people, more than 40,000 of them New Yorkers, who have met the educational … and background checks to earn DACA and will be robbed of their opportunity to work and live without fear of … and other long term legislative solutions that affirm the value and dignity of the immigrant community. And to those …
https://www.osc.ny.gov/press/releases/2017/09/new-york-state-comptroller-dinapoli-statement-dacaElecting the Section 383-e or 383-f Retirement Plan – Special 20- and 25-Year Plans
… IMPORTANT: Electing coverage under Section 383-e or 383-f is irrevocable and will apply to all subsequent … who were already in an eligible title as of July 1, 2025 , the deadline to elect is June 30, 2026 . For members who transfer or are promoted into an …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/electing-section-383-e-or-383-f-retirement-plan