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DiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… estimated $209.1 billion in assets under management as of Dec. 31, 2017. The Fund holds and invests the assets of the …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-announces-vicki-fullers-retirement-cio-nys-common-retirement-fundState Agencies Bulletin No. 1598
… Purpose: The purpose of this bulletin is to inform agencies of PayServ changes that must occur when an employee is … The purpose of this bulletin is to inform agencies of PayServ changes that must occur when an employee is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1598-terminating-retirement-plans-active-employees-prior-job-action-retireState Police Accidental Disability (Section 363-bb) – State Police Plan
… your duties as the natural and proximate result of an accident sustained in service that was not caused by your own … service, voluntarily or involuntarily, subsequent to the accident, your application must be filed within two years after your discontinuance from service. “Accident” has a specific meaning with NYSLRS disability …
https://www.osc.ny.gov/retirement/publications/1518/state-police-accidental-disability-section-363-bbDiNapoli: Huntington Man Charged With Stealing Over $56,000 in State Pension Payments
NYS Comptroller Thomas P DiNapoli and Suffolk County District Attorney Raymond A Tierney today announced the arrest of former Town of Huntington employee Moses K Johnson 63 of Huntington for allegedly stealing his mothers public pension payments following her death in April of 2021
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-huntington-man-charged-stealing-over-56000-state-pension-paymentsNew York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… investment’s long-term value at risk. I am grateful for Senator Liz Krueger’s focus on addressing climate risk, her … consulting partners to support these critical efforts. Senator Liz Krueger said : “Today’s announcement from the … Leadership and Community Protection Act. For years, Senator Liz Krueger has been an outspoken advocate and true …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-targetArchived: Legislative Session 2017–2018
… a portion of their contributions to the retirement system. Retirement Contribution Borrowing Limits – Signed … Tier 6 members of the New York State and Local Retirement System may borrow against retirement contributions. … deposit for state employees hired after January 1, 2018. Placement Agent Ban – A.3137 (Abbate) / S.4761 (Golden) – …
https://www.osc.ny.gov/legislation/archived-legislative-session-2017-2018DiNapoli: Former Halfmoon Supervisor Enters Guilty Plea to Two Felony Counts
… by State Comptroller Thomas P. DiNapoli with United States Attorney Richard S. Hartunian and Andrew W. Vale, Special Agent in Charge of the Albany … trust for personal gain,” said Special Agent in Charge Andrew W. Vale. “Such actions have a real and negative …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-former-halfmoon-supervisor-enters-guilty-plea-two-felony-countsXII.7.B Voucher Denials – XII. Expenditures
… reimbursement not supported by medical bills 26B WCB - Need Contracted Rate 27 Contract expired and needs amendment … field 31 Not calculated in accordance with medical fee schedule 31B Incorrect or insufficient medical fee schedule … purpose of travel 4L Dates of travel and receipt dates do not agree 5A Does not appear to be an appropriate state …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii7b-voucher-denialsXVII.2.A Lapsing Reports – XVII. Lapsing Appropriations
… SFS > Main Menu > Commitment Control > Budget Reports > App Due/Not DueTo Laps(KK0004). NOTE: The Lapse Date …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2a-lapsing-reportsPayroll Forms
… below for instructions for completing fillable and Excel version forms. AC 873 – Extra Service Payroll Voucher ( …
https://www.osc.ny.gov/state-agencies/payroll/formsStart a Business and Get Licenses
… Forming a Business in New York State To form a business in New York State or to register an out-of-state business, visit the New York … To form a business in New York State or to register an outofstate business visit the New York State …
https://www.osc.ny.gov/state-vendors/resources/start-business-and-get-licensesOpinion 90-54
… death benefits to the beneficiary last designated by a member despite the member's contractual obligation, by … standards also applies without regard to subsection (e)(2) of such section. Section 411(e) excludes governmental … be bargained away. Thus, the Retirement System will make payment to the person(s) last designated by the member to …
https://www.osc.ny.gov/legal-opinions/opinion-90-54XVI.3.B Fund Accounting – XVI. Financial Reporting
… 1300 – Fund Accounting Process and Document Preparation: New York State has three broad fund categories that are … postemployment benefit (OPEB) plans. The State reports the New York State and Local Retirement System (NYSLRS), which … New York State has three broad fund categories that are …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingAdditional Service Credit for Sick Leave (Section 341[j]) – Police and Fire Plan
… has chosen to offer this benefit, you may receive service credit for your unused, unpaid sick leave days at retirement. … a year after separating from service. The additional credit is determined by dividing the total unused, unpaid … members), by 260. Contact your employer or refer to your Member Annual Statement to determine if this benefit is …
https://www.osc.ny.gov/retirement/publications/1512/additional-service-credit-sick-leave-section-341jCity of Yonkers – Budget Review (B6-14-13)
… Purpose of Audit The purpose of our budget review was to determine whether the significant revenue and expenditure … reasonable. Background The City of Yonkers is authorized to issue debt totaling $45 million to liquidate the current deficits in the City School …
https://www.osc.ny.gov/local-government/audits/city/2014/05/20/city-yonkers-budget-review-b6-14-13Additional Service Credit for Sick Leave (Section 341[j]) – New Career Plan
… has chosen to offer this benefit, you may receive service credit for your unused, unpaid sick leave days at retirement. … a year after separating from service. The additional credit is determined by dividing the total unused, unpaid … members), by 260. Contact your employer or refer to your Member Annual Statement to determine if this benefit is …
https://www.osc.ny.gov/retirement/publications/1515/additional-service-credit-sick-leave-section-341jAdditional Service Credit for Sick Leave (Section 341[j]) – Basic Plan with Increased-Take-Home-Pay (ITHP)
… to offer this optional benefit, you may receive service credit for your unused, unpaid sick leave days at retirement. … a year after separating from service. The additional credit is determined by dividing the total unused, unpaid … members), by 260. Contact your employer or refer to your Member Annual Statement to determine if this benefit is …
https://www.osc.ny.gov/retirement/publications/1511/additional-service-credit-sick-leave-section-341jPartial Lump Sum Payment at Retirement – Divorce and Your Benefits
… receive a portion of their retirement benefit as a Partial Lump Sum (PLS) payment at retirement, in exchange for a permanently reduced …
https://www.osc.ny.gov/retirement/members/divorce/partial-lump-sum-payment-retirementDisability Retirement – Divorce and Your Benefits
… retirement plans provide for several different types of disability retirement benefits. However, NYSLRS does not … property in a matrimonial action. Whether a member’s disability retirement benefit is subject to equitable … benefit. If the DRO does not specifically address a disability retirement, then the ex-spouse’s equitable …
https://www.osc.ny.gov/retirement/members/divorce/disability-retirementOverview – Divorce and Your Benefits
… and can be divided between the Participant (NYSLRS member) and their ex-spouse when the marriage ends. … ex-spouse may be entitled to a portion of the pension; A member may be required to name their ex-spouse as beneficiary … payable; A member may be required to elect a pension payment option (sometimes called a retirement option) that …
https://www.osc.ny.gov/retirement/members/divorce/overview