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DiNapoli: State Pension Fund Releases Annual Investment Return
… P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the … “Recent months have been trying for investors, but thanks to the state pension fund’s diverse investments, members, … rate of return is 5.9%. The Fund’s annual valuation date is tied to the state fiscal year. The New York State …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnDiNapoli: Ontario County Resident Pleads Guilty to Stealing Funds From New York State Retirement System
… restitution to the pensioner’s estate. She is due back in court for sentencing on June 2, 2022. Since taking office in …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-ontario-county-resident-pleads-guilty-stealing-funds-new-york-state-retirement-systemInflation in the New York City Metropolitan Area
… week, the U.S. Bureau of Labor Statistics (BLS) released new data indicating consumer prices grew by 8.5 percent nationally and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in March 2022 … The most commonly used measure of household inflation is the Consumer Price Index (CPI), which has historically …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaApplication for Service Retirement (RS6037)
To apply to receive a pension benefit, NYSLRS members use form RS6037.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs6037.pdfDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… sought to establish our state’s pension fund as a leader in transparency, ethics and effectiveness. It’s gratifying to … as the Fund’s trustee: “The Comptroller consistently acts in the sole interest of the members and beneficiaries of the … outsourced investment management and support functions. In addition, independent compensation benchmarking indicates …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingDeath Benefits
… survivors should contact us as soon as possible. Survivors can report the death of a member using our online death report form or they can call 866-805-0990 and press 3 then 1. We’ll also need a … our Find Your NYSLRS Retirement Plan Publication tool can help. Ordinary Death Benefit If you have at least one …
https://www.osc.ny.gov/retirement/members/death-benefitsDirect Deposit Program
… With direct deposit, your pension payment is deposited directly into your bank account on the last business day of each month. Our Pension … using direct deposit yet? Don’t wait to receive a check in the mail—direct deposit is fast, convenient and secure. …
https://www.osc.ny.gov/retirement/retirees/direct-deposit-programAlternative and Out-of-Service Death Benefits – State Police Plan
… plan (Section 381-b) had you retired on your date of death. “Pension reserve” is an actuarial term for the value of your retirement benefit at the time of retirement. Out-of-Service Death Benefit If you are a …
https://www.osc.ny.gov/retirement/publications/1518/alternative-and-out-service-death-benefitsAlternative and Out-of-Service Death Benefits – Special 20- and 25-Year Plans
… Death Benefit If you die in service after you are eligible to retire, an alternative death benefit may be payable. This … public employment, your beneficiary may be entitled to 50 percent of the ordinary death benefit. …
https://www.osc.ny.gov/retirement/publications/1517/alternative-and-out-service-death-benefitsCost-of-Living Adjustment – Regional State Park Police Plan
… your retirement benefit will permanently increase each year. This adjustment, subject to pension caps and limitations, is 50 percent of the previous year’s annual rate of inflation, but never less than 1 … a disability pension for five or more years. When you die, if you selected an option at retirement that pays a …
https://www.osc.ny.gov/retirement/publications/1867/cost-living-adjustmentCost-of-Living Adjustment – En-Con Police Officers Plan
… Once you meet the eligibility requirements, including age and number of years retired, your retirement benefit will permanently … subject to pension caps and limitations, is 50 percent of the previous year’s annual rate of inflation, but never less …
https://www.osc.ny.gov/retirement/publications/1822/cost-living-adjustmentExamples from GASB Statement 34 - Statement of Fiduciary Net Assets
… 80,000 Municipal bonds 6,528,019 Corporate bonds 16,320,047 Corporate stocks 26,112,075 Other investments …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-fiduciary-net-assetsOperational Advisory No. 2
… denied or rejected will be deleted throughout the fiscal year by the Bureau of State Expenditures based on the last … This is an effort to clean up vouchers prior to fiscal year end. Vouchers will be deleted according to the following … vouchers will be cleaned up throughout the Fiscal Year by the Bureau of State Accounting Operations according …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/2-sfs-transaction-deadlinesXIV.3.B Short Term Investment Pool (STIP) – XIV. Special Procedures
… the State Finance Law, the State Comptroller shall invest and keep invested all moneys belonging to any and all funds … Investment Pool (STIP) represents a mechanism that allows for separate accounting for individual fund receipts and … Checking Account (GCA) for the purposes of short-term investments. This permits investment decisions to be made …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3b-short-term-investment-pool-stipNYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Fund's (Fund) overall estimated value … in the first quarter," DiNapoli said. "New York state's pension fund is designed and prudently managed to provide … requested data. … The New York State Common Retirement Funds Fund overall estimated value in the first quarter of …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsPension Contribution Rates to Decrease for Fiscal Year 2015-16
… rates,” DiNapoli said. “The effects of the 2008 financial market collapse are still being felt around the country, but …
https://www.osc.ny.gov/press/releases/2014/09/pension-contribution-rates-decrease-fiscal-year-2015-16NYS Common Retirement Fund Reports Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … straight quarter of strong investment returns raised the pension fund’s estimated value to a new high,” DiNapoli said. … requested data. … The New York State Common Retirement Funds Fund estimated return in the second quarter of the …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Queens Woman Charged With Stealing Nearly $85,000 in NYS Pension Payments Meant for Her Deceased Father
… by filing a complaint online at https://www.osc.ny.gov/investigations , or by mailing a complaint to: Office … of Investigations, 8th Floor, 110 State St., Albany, NY 12236. … A 37yearold Queens woman was arrested today for …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-queens-woman-charged-stealing-nearly-85000-nys-pension-payments-meant-her-deceased-fatherDiNapoli: Tennessee Woman Sentenced for Stealing Deceased Mother's NYS Pension Checks
… sentencing of Leslie Schwinzer, of Knoxville, Tennessee, for stealing pension checks that had been issued to her … Honorable Thomas A. Varlan in United States District Court for the Eastern District of Tennessee at Knoxville. “Leslie … “Thanks to my partnership with the U.S. Attorney’s Office for the Eastern District of Tennessee, we uncovered this …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-tennessee-woman-sentenced-stealing-deceased-mothers-nys-pension-checksNY State Comptroller DiNapoli Statement on Pension Fund's Ranking as Top U.S. Investor Battling Climate Risk
… our best hope to combat it. Whatever President Trump says or does regarding the Paris Agreement, it will not weaken the …
https://www.osc.ny.gov/press/releases/2018/09/ny-state-comptroller-dinapoli-statement-pension-funds-ranking-top-us-investor-battling-climate-risk