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Receiving Your Benefit and Filing Your Pension Payment Option Election – Special 20- and 25-Year Plans
… all of which will provide you with a monthly benefit for life. For example, you may elect the Single Life … may not be able to use the Retirement Online calculator at this time. These members should contact us to request an … the end of the month in which you retire. You have up to 30 days after your pension benefit becomes payable to change …
https://www.osc.ny.gov/retirement/publications/1517/receiving-your-benefit-and-filing-your-pension-payment-option-electionExamples from GASB Statement 34 - Statement of Cash Flows
… Enterprise Funds Governmental Activities Water and Sewer Parking Facilities Totals Internal Service Funds … FINANCING ACTIVITIES: Operating subsidies and transfers to other funds (290,000) (211,,409) … (501,409) (175,033) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES: Proceeds from …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-cash-flowsOverview – Membership and Enrollment
… with five years of service (they’ve earned enough service to qualify for a pension benefit). If Tier 6 members leave … They can receive a refund of all contributions made to the Retirement System plus interest (the current interest … in NYSLRS is optional and who, therefore, may elect to decline membership, or may join by filing a membership …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewDefinitions – Contribution Stabilization Program
… the Comptroller. The Actuary determines the present value of current and future retirement benefits based on the … Comptroller on Actuarial Assumptions. The present value of benefits is then compared to the value of the Common Retirement Fund’s assets. The difference …
https://www.osc.ny.gov/retirement/employers/csp/definitionsDiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… was 5.84% for the state fiscal year that ended March 31, 2025. The Fund closed the year with an estimated value of $272.8 billion. (Note: In July 2025, following the annual audit of the Fund's financials, … volatility has been pronounced in the first half of 2025, with unpredictable actions out of Washington and other …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25New York State Comptroller DiNapoli Receives Prestigious Award From National Italian American Organization
… He was presented this award at the organization’s 59th national convention on Saturday. “I am truly honored to … DiNapoli served a term as president of the New York Conference of Italian American State Legislators. He been a …
https://www.osc.ny.gov/press/releases/2025/08/new-york-state-comptroller-dinapoli-receives-prestigious-award-national-italian-american-organizationDiNapoli: Five Major Companies Adopt Pension Fund's Call for Transparency on Political Contributions
… New York State Comptroller Thomas P. DiNapoli today announced that five major companies in the New York State Common Retirement Fund's portfolio have … New York State Comptroller Thomas P DiNapoli today announced that five major companies in the New York State Common Retirement Funds portfolio have …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-five-major-companies-adopt-pension-funds-call-transparency-political-contributionsOpinion 91-55
… AND NOTES -- Debt Limits (exclusion from - calculation of net revenues for exclusion for self-liquidating indebtedness) … and Repairs" (depreciation not included as) -- "Net Revenues" (depreciation not deducted from gross revenues … debt limits is to prevent the imposition of heavy tax burdens on future generations (Report by the New York …
https://www.osc.ny.gov/legal-opinions/opinion-91-55XVI.3.A Financial Statements – XVI. Financial Reporting
… in the governmental fund statements only when they mature or become due for payment within the period. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3a-financial-statementsEnrolling Members – Membership and Enrollment
… of the enrollment process, you will need to select a job code that best describes the work your employee does. This code, in part, determines retirement benefit plan … for the same member, which delays processing. Enrolling Off-Hours Employees Under most circumstances, optional …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/enrolling-membersArchived: Legislative Session 2017–2018
… Chapter 48 of the Laws of 2017 – A.2384 (Abbate) / S.4759 (Golden) – Provides employers with a tailored graded … 303 of the Laws of 2017 – A.8093 (Abbate) / S.6391 (Golden) – Establishes a cap on the amount that certain Tier 6 … 368 of the Laws of 2017 – A.8092 (Abbate) / S.5256-A (Golden) – Standardizes the reporting period for which the …
https://www.osc.ny.gov/legislation/archived-legislative-session-2017-2018CUNY Bulletin No. CU-422
… with procedures for processing payment of the Nurses’ Health Specialty Differential. Affected Employees Employees … this payment. Background The annual payment of the Nurses’ Health Specialty Differential is made in accordance with the … from Carmelo Batista, Jr. are eligible for the following Health Specialty Differentials: Full-time employees who are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-422-cuny-nurses-health-specialty-differentialCUNY Bulletin No. CU-396
… City taxes, Social Security/Medicare, retirement normal contributions, garnishments and Federal levies. There will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-396-cuny-nurses-health-specialty-differentialCUNY Bulletin No. CU-363
… City taxes, Social Security/Medicare, retirement normal contributions, garnishments and Federal levies. There will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-363-cuny-nurses-health-specialty-differentialOrdinary Disability – En-Con Police Officers Plan
… disability retirement must be submitted while you are in service or within 90 days from the date you: Are last paid …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-disabilityDiNapoli: Pension Contribution Rates Remain Stable for Fiscal Year 2017-18
… percent of payroll. The average contribution rate for the Police and Fire Retirement System (PFRS) will increase to … country, allowing New York's public workforce to retire with the knowledge that their pensions are secure." Employer … In 2012, DiNapoli began providing employers with access to a two-year projection of their annual pension …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-pension-contribution-rates-remain-stable-fiscal-year-2017-18State Agencies Bulletin No. 1313
… enrollees with an election date greater than 3/31/12 and agency responsibility regarding new enrollment into the Optional Retirement Plan (7Z TIAA/CREF) Affected … records at a later date. OSC Actions The Benefit Plans and the narrative descriptions are below. Note: The variable …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1313-tier-6-tiaa-retirement-contribution-rate-changesDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… Employer contribution rates for the New York State and Local Retirement System (NYSLRS) … announced today. The estimated average contribution rate for the Employees’ Retirement System (ERS) will decrease from … of payroll. The estimated average contribution rate for the Police and Fire Retirement System (PFRS) will …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19CUNY Bulletin No. CU-322
… Purpose To provide agencies with procedures for processing payment of the Nurses’ Health Specialty … dated February 14, 2008. There will be no direct deposit for this payment. Background The annual payment of the … December 18, 2007 from Carmelo Batista, Jr. are eligible for the following Health Specialty Differentials: Full-time …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-322-cuny-nurses-health-specialty-differentialDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… to $272.1 billion. “There has been tremendous volatility in the markets in recent months, but thanks to the state pension fund’s … rate of return,” DiNapoli said. “Still, the turmoil in the markets since Russia’s invasion of Ukraine has sent …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-return