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CUNY Bulletin No. CU-568
… shall mean calendar year. January 1, 2017 is the first day of the plan year for Tier 6 members of NYCERS, NYCTRS, and NYCBERS. Affected Employees Tier 6 … and/or limited to the Governor’s Salary cap limit of $179,900 are affected by the overtime limit change. All …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-568-2017-tier-6-ot-limit-and-plan-year-changes-nyc-retirementProperty Tax Cap How to Calculate Retirement Exclusions
Learn How to Calculate Retirement Exclusions From Example
https://www.osc.ny.gov/files/local-government/property-tax-cap/pdf/exclusion_example.pdfLife Changes: Why Should I Designate a Beneficiary?
… full name and address. (Return to Top) Guidelines to Keep in Mind Whether you designate beneficiaries through your … or you submit a paper form, here are some guidelines to keep in mind: Do keep us informed of any address changes for you and your … for NYSLRS members and retirees This guide explains how keep them uptodate and why you should …
https://www.osc.ny.gov/retirement/publications/life-changes-why-should-i-designate-beneficiaryRepaying Your NYSLRS Loan after Retirement
… System (ERS) retirees who retired with an outstanding loan to repay that loan and increase their pension. Retirees cannot take a new … System ERS retirees who retired with an outstanding loan to repay that loan and increase their pen …
https://www.osc.ny.gov/retirement/retirees/repaying-your-nyslrs-loan-after-retirementMember Contributions
… Online . To view contribution rates for State Fiscal Year 2026-27 (April 1, 2026–March 31, 2027): Sign in to Retirement … changed will sort to the top of the table with an As of Date of 04/01/2026. Please review carefully. Update your … voluntary contributions, the member must: Complete the Election to Make Voluntary Contributions (RS5379) form . File …
https://www.osc.ny.gov/retirement/employers/member-contributionsNYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… approach,” DiNapoli said. “It’s time for the SEC to step in and, through regulatory or enforcement action, … change is a red flag for investors,” Stringer said. “The SEC has both the authority and the responsibility to require … in the fossil fuel industry will likely continue and that SEC action now “will ensure that investors have the benefit …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryLife Changes: Membership in a Nutshell
… P. DiNapoli I cannot stress enough how important it is for you to know how membership in the New York State and … you are just joining NYSLRS or have been a member for a number of years, this booklet will serve as a valuable … information carefully before making your decision and contact us with any questions you may have. (Return to Top) …
https://www.osc.ny.gov/retirement/publications/life-changes-membership-nutshellMilitary Service Credit
… may qualify. Cost and Benefit There are different sections of the law that allow credit for military service. The cost of the credit depends on which section of the law applies in your case, and in some circumstances …
https://www.osc.ny.gov/retirement/members/military-service-creditInvestors Renew Call on Exxon to Address Climate Risk
… A coalition of institutional investors, led by New York State Comptroller Thomas P. DiNapoli, as trustee of the New York State Common Retirement Fund (CRF), and the Church of England investment fund, have again asked ExxonMobil to … by New York State Comptroller Thomas P DiNapoli as trustee of the New York State Common Retirement Fund and the Church …
https://www.osc.ny.gov/press/releases/2017/02/investors-renew-call-exxon-address-climate-riskDiNapoli: State Pension Fund Calls on Companies to Address Climate Risk, Transition to Cleaner Operations
… new energy efficiency measures and increase their use of renewable energy, New York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. In response to the agreements, … opportunities for the Fund’s investments. As part of his comprehensive Climate Action Plan to protect …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-state-pension-fund-calls-companies-address-climate-risk-transition-cleaner-operationsDisability Retirement – When Employees Retire
… reports from the member’s physicians, hospital records, accident reports and other pertinent documentation. We may … of duties performed; Workers’ compensation documents and accident reports for all on-duty incidents; and Time records … or records that pertain to a disability application, accident(s) alleged to have been sustained, and particularly …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/disability-retirementLife 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 Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule
… statement on the Securities and Exchange Commission’s (SEC) adoption of the Climate Change Disclosure Rule: “This is … associated with climate change. “Today’s action by the SEC will greatly improve the state pension fund's ability to … zero by 2040. “For nearly 15 years, I have called on the SEC to mandate the disclosure of climate risk information to …
https://www.osc.ny.gov/press/releases/2024/03/ny-state-comptroller-thomas-p-dinapoli-statement-secs-adoption-climate-change-disclosure-ruleLife Changes: A Guide for Retirees
… A Message from Comptroller Thomas P. DiNapoli You already know that you will continue receiving a retirement benefit for the rest of your life. Now, I want to make sure you know about other benefits you may be entitled to receive … Retirees this guide will help you understand your benefit payments the services we offer …
https://www.osc.ny.gov/retirement/publications/life-changes-guide-retireesDiNapoli: Waiving Waiting Period for Public Workers' Retirement Protects Families During Pandemic Crisis
… be made official. The Executive Order applies to member of the New York State and Local Retirement System. “Many … in these tough times.” Under the existing law, members of the New York State and Local Employees Retirement System … retirement, since the decision is irrevocable. If members of the Employees Retirement System were to die before the …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-waiving-waiting-period-public-workers-retirement-protects-families-during-pandemic-crisisNYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… and Climate Solutions program. “Climate change is one of the greatest risks facing investors, but the worldwide … pension fund will continue our leadership on the issue of climate change and take advantage of the opportunities created by the global transition to a …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsState Agencies Bulletin No. 2421
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the April 2026 CSEA LLS payment, eligibility changes due to … The purpose of this bulletin is to inform agencies of OSCs …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2421-april-2026-civil-service-employees-association-csea-longevity-lump-sumPreparing and Applying for Retirement
… what to expect after applying and things to be aware of during retirement. If your retirement is further in the … disabled and cannot perform your duties because of a physical or mental condition. For more information about … equal to 5, 10, 15, 20 or 25 percent of the actuarial value of your pension benefit at the time you retire. If …
https://www.osc.ny.gov/retirement/members/preparing-and-applying-for-retirementDiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… protected from the impact of climate change is a top priority.” The Fund engages with portfolio companies … in use of fossil fuels will impact its business in light of the International Energy Agency’s (IEA) Net Zero … Steel and Caterpillar Inc. In addition, the Fund supported Engine No.1’s slate of directors at Exxon Mobil, where three …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksAre You Vested? And What It Means
… Are You Vested? Being vested means that you have earned enough service credit to qualify for a pension benefit once you meet the minimum age … 4 members who have at least five years of credited service are vested. As of April 9, 2022, Tier 5 and 6 members also …
https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-means