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Regulation for Scheduling, Adjourning and Conduct of Administrative Hearings
… duly designated by the Comptroller shall preside. A party may represent himself or herself, or be represented by … shall be the sole responsibility of the applicant or party. (e) Motions may be made to the hearing officer at any … (b) A request for an adjournment by an applicant or a party other than the retirement system before a scheduled …
https://www.osc.ny.gov/retirement/members/regulation-for-hearingsNYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… Local Retirement System (NYSLRS) today announced employer contribution rates for the State Fiscal Year 2021-22 will … employees and death benefits to their survivors. “Employer contribution rates have gone down or remained relatively flat … Local Retirement System NYSLRS today announced employer contribution rates for the State Fiscal Year 202122 will …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22Contractors or Consultants – Membership and Enrollment
… of people who work for and provide services to the State or participating employers are considered public employees. … Those who provide services as independent contractors or consultants are not permitted to join NYSLRS or receive … acceptance of the appointment by the local Civil Service Commission, where necessary. If the appointment was made by a …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/contractors-or-consultantsAbout Statement No. 68 – Governmental Accounting Standards Board
… Reporting for Pensions : Requires employers participating in state and local government pension plans to report their proportionate share of the … GASB Statement No 68 requires employers participating in state and local government pension plans to report their …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-68Dual Membership in NYSLRS – Divorce and Your Benefits
… the Domestic Relations Order (DRO) may be directed to the “New York State and Local Retirement System” … If a member has dual membership and is eligible to receive pension benefits from both systems, but the DRO is applicable to only one membership, then the DRO must specifically …
https://www.osc.ny.gov/retirement/members/divorce/dual-membership-nyslrsAbout Benefit Reductions
… Retirement System and Tier Retirement Age for Full Benefit ERS Tiers 2, 3, 4 and 5 62 ERS Tier 6 63 PFRS Tiers 2, 3 and 5 62 PFRS Tier 6 62 for … end when you turn 62 (63 for Employees’ Retirement System (ERS) Tier 6 members and Police and Fire Retirement System …
https://www.osc.ny.gov/retirement/members/about-benefit-reductionsCity of Little Falls – Budget Review (B25-3-9)
… million to liquidate deficits in its general, water and golf funds as of December 31, 2025. This debt can include the … sales, $1.6 million for sewer rents, and $138,500 for golf revenues. These revenues may not be reasonable. The …
https://www.osc.ny.gov/local-government/audits/city/2025/11/20/city-little-falls-budget-review-b25-3-9The Sentinel - Spring 2023
A semiannual newsletter for members of the Police and Fire Retirement System (PFRS).
https://www.osc.ny.gov/files/retirement/publications/pdf/sentinel-spring-2023.pdfThe Sentinel - Winter 2024
A semiannual newsletter for members of the Police and Fire Retirement System (PFRS).
https://www.osc.ny.gov/files/retirement/publications/pdf/sentinel-winter-2024.pdfThe Sentinel - Fall 2022
A semiannual newsletter for members of the Police and Fire Retirement System (PFRS).
https://www.osc.ny.gov/files/retirement/publications/pdf/sentinel-fall-2022.pdfThe Sentinel - Spring 2022
A semiannual newsletter for members of the Police and Fire Retirement System (PFRS).
https://www.osc.ny.gov/files/retirement/publications/pdf/sentinel-spring-2022.pdfAbout Offering a Retirement Plan – What Every Employer Should Know
… accounts that are dependent on the return on investments. In today’s employment landscape, a retirement plan that … helps attract and retain qualified workers interested in career-long employment. The plans administered by the New … System plans are managed with integrity. That is due, in large part, to the dedicated and experienced employees …
https://www.osc.ny.gov/retirement/employers/partnership/about-offering-retirement-planThe Common Retirement Fund – Employer Contributions and Rates
… The New York State Common Retirement Fund (the Fund) holds and invests the money used to pay NYSLRS benefits. As the trustee of the Fund, New York State Comptroller Thomas P. DiNapoli is … The New York State Common Retirement Fund holds and invests the money used to pay NYSLRS …
https://www.osc.ny.gov/retirement/employers/contributions/common-retirement-fundNYSLRS Announces Employer Contribution Rates for SFY 2026-27
… State Comptroller Thomas P. DiNapoli today announced employer contribution rates for the New York State and Local … to be one of the strongest and best funded in the nation.” Employer rates for NYSLRS are determined based on investment … budgets. Projections of required contributions vary by employer depending on factors such as the types of retirement …
https://www.osc.ny.gov/press/releases/2025/09/nyslrs-announces-employer-contribution-rates-sfy-2026-27State Agencies Bulletin No. 2350
… is to provide agency instructions for processing the 2025 CSEA ASU Work-Related Clothing Allowance for employees … Office of Employee Relations (OER) memorandum dated 06/05/2025 provides for a Work-Related Clothing Allowance. Effective Dates: The 2025 CSEA ASU Work-Related Clothing Allowance may be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2350-2025-work-related-clothing-allowance-asu-employees-title-racingIX.7.C Fringe Benefits and Indirect Costs – IX. Federal Grants
… and indirect costs are permissible charges to federal grants. At the beginning of each fiscal year, the Division of … and indirect costs are permissible charges to federal grants …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7c-fringe-benefits-and-indirect-costsWhat is a Defined Benefit Plan?
… by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … However, the biggest contributor to your pension plan is the New York State Common Retirement Fund . Over the past … retirement assets are pooled, and the investment risk is shared. These plans are usually administered by …
https://www.osc.ny.gov/retirement/members/defined-benefit-planState Agencies Bulletin No. 2093
… LQ_RET_2_YR_LOOKBACK_VDC , provides employee earnings by Dept ID for the calendar year entered. If the query returns …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2093-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdcDiNapoli Statement In Response to Misconduct of Former Pension Fund Employee
… for self-dealing, and we are outraged by Mr. Kang's shocking betrayal of his responsibilities. In February 2016, … tolerance for selfdealing and we are outraged by Mr Kangs shocking betrayal of his responsibilities …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-statement-response-misconduct-former-pension-fund-employeeInspector General
… DiNapoli's Executive Order established the Office of the Inspector General and empowered it to prevent, detect and … the Office and within the NYS Common Retirement Fund. The Inspector General vigorously investigates and pursues any … 8:00 a.m. to 4:00 p.m., to reach the Office of the Inspector General. To report fraud outside of OSC: …
https://www.osc.ny.gov/common-retirement-fund/resources/inspector-general