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DiNapoli: State Pension Fund Value $178.1 Billion
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) earned a 0.19 percent return on …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionDiNapoli: New York State Pension Fund and Coca Cola Reach Agreement on Executive Pay
… resolution with the Atlanta-based beverage giant. “Pay for CEOs and other corporate executives has dramatically outpaced wages for most other employees in recent years," DiNapoli said. "We … entire workforce into consideration. I commend Coca-Cola for taking this step to help ensure that pay for its top …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-new-york-state-pension-fund-and-coca-cola-reach-agreement-executive-payNYS Comptroller DiNapoli: Amazon Must Ensure Its Business Is Not Adding to Racial Inequality
New York State Comptroller DiNapoli announced that the New York State Common Retirement Fund the Fund has filed a shareholder proposal at Amazoncom Inc asking for an independent audit to assess the companys policies and practices on civil rights equity diversity and inclusion
https://www.osc.ny.gov/press/releases/2020/12/nys-comptroller-dinapoli-amazon-must-ensure-its-business-not-adding-racial-inequalityThe Domestic Relations Order – Divorce and Your Benefits
… (if applicable) or as the beneficiary of the member’s pension payment option. NYSLRS must have an approved DRO on file, and proof of divorce, to make direct pension payments to an ex-spouse of a member. A copy of the … an Amended Order. Please note that, unlike a private pension plan, the rights of membership in NYSLRS belong only …
https://www.osc.ny.gov/retirement/members/divorce/domestic-relations-orderDiNapoli and Rice Halt Pension Scam
… System. “This is an egregious exploitation of public funds,” DiNapoli said. “By partnering with District Attorney …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-and-rice-halt-pension-scamMore About This Retirement Plan – Article 14 Benefits
… This retirement plan summary describes benefits provided by Article 14 of the Retirement and Social Security Law (RSSL) as enacted … and Local Retirement System, headed by the Comptroller of the State of New York, administers this plan. Our main …
https://www.osc.ny.gov/retirement/publications/1644/more-about-retirement-planDisability Benefits
… is a pension that will provide monthly payments for the rest of your life. Here are the basic types of NYSLRS disability benefits (you may apply … need to know about disability retirement benefits from the New York State and Local Retirement System NYSLRS …
https://www.osc.ny.gov/retirement/members/disability-benefitsRetirement Legislation
… Retirement and related legislation enacted or vetoed 2024 …
https://www.osc.ny.gov/retirement/resources/retirement-legislationNYSLRS Announces Employer Contribution Rates for 2024-25
… Fire Retirement System (PFRS). NYSLRS is made up of these two systems, which pay retirement and disability benefits to … public employees and death benefits to their survivors. There are nearly 3,000 participating employers in ERS and PFRS, and …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25Opinion 2003-5
… the issues discussed in the opinion. PAID FIREFIGHTERS -- Death Benefits (line-of-duty presumption) PUBLIC OFFICERS AND EMPLOYEES -- Death Benefits (line-of-duty presumption for paid … of certain types of cancers 1 that result in the total or partial disability or death to a paid firefighter …
https://www.osc.ny.gov/legal-opinions/opinion-2003-5Employer Contribution Calculation
… police and fire retirement system (the Retirement System or System) on the basis of rates determined on known salaries from the prior fiscal year rather than on an estimate of salaries from the incomplete current fiscal year. Memo Bill Text …
https://www.osc.ny.gov/legislation/employer-contribution-calculationState Agencies Bulletin No. 2186
… a new Tier 6 pension plan. Members of this tier enrolled in a retirement system after March 31, 2012. ( Please see … pensionable salary of all jobs, including salary not in PayServ. Employee Contribution Rates: Wages Contribution … 6% Benefit Plans and Narrative Descriptions: SUNY and NYSED Benefit Plan Description Time Participating T6SU08 SUNY …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2186-2024-two-year-look-back-tier-6-suny-optional-retirement-plan-orp-andThe Survivor’s Benefit Program for Retired NYS Employees
… protection plan that provides a minimum death benefit to the survivors of New York State retired employees. Your … Survivor’s Benefit Program. You are automatically covered for this benefit if you have ten years of full-time State … judicial separation becomes final. For more information on how your pension benefits can be affected by divorce, consult …
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-retired-nys-employeesStraight Talk About Financial Planning For Your Retirement
… — Take a peek into the future — the retirement benefit calculator & benefit projections The retirement benefit … maximum retirement benefit of 50 percent of final average salary. Your Social Security benefit and retirement savings … get tips on planning for retirement. Review your Member Annual Statement carefully to ensure we have the correct …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementAre You Vested? And What It Means
… Are You Vested? Being vested means that you have earned … 4 members who have at least five years of credited service are vested. As of April 9, 2022, Tier 5 and 6 members also … please contact us . Tier 5 and 6 members who left public employment with five or more years of service and did …
https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-meansOnline Services
… We offer a growing list of secure Online Services for customers, clients and business partners. … E-News about the New York State & Local Retirement System Report government fraud Request copy of a legal opinion …
https://www.osc.ny.gov/online-servicesDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… Retirement System (ERS) will decrease from 15.3 percent of payroll to 14.9 percent of payroll. The estimated average contribution rate for the … (PFRS) will decrease from 24.4 percent to 23.5 percent of payroll. "We’ve had strong recent investment returns that …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19State Agencies Bulletin No. 809
… Purpose To explain the phase-in period, processing changes and revisions to the TIAA/CREF Suspense/NRI page in PayServ Affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/809-elimination-mandatory-employee-contribution-members-optional-retirementUnified Court System Bulletin No. UCS-316
… 410 Health Care Spending Account 416 Deferred Comp 420 NY Dependent Care Contribution 425 Repay State Loans/Debt 426 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-316-april-2021-and-april-2022-state-new-york-unified-court-systemCredit for Previous or Military Service – Article 14 Benefits
… You may be able to obtain credit for your previous public … employment or military service. It is very important that you claim all the service credit you are entitled to receive … service. To determine your eligibility and the cost, if any, please send us a copy of your Certificate of Release …
https://www.osc.ny.gov/retirement/publications/1644/credit-previous-or-military-service