Search
Overview – Governmental Accounting Standards Board
… pension plan liabilities are accounted for and disclosed in the financial reporting statements of public pension plans …
https://www.osc.ny.gov/retirement/employers/gasb/overviewFinancial Reports
… Annual Comprehensive Financial Report 2025 Annual Comprehensive Financial Report 2024 Annual … and supplementary details for NYSLRS such as the Annual Comprehensive Financial Report and the annual Actuarial Assumptions Report …
https://www.osc.ny.gov/retirement/resources/financial-reportsNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… Bharara, United States Attorney for the Southern District of New York, and Diego Rodriguez, the Assistant Director-in-Charge of the New York Field Office of the Federal Bureau of Investigation (FBI) announced the … State Comptroller DiNapoli announced the indictment of MICHAEL J VATTER charging him with fraudulently obtaining …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsDiNapoli: State Pension Fund Valued at $297.8 Billion at End of Third Quarter
… to grow over the third quarter,” DiNapoli said. “Drops in the stock market, inflation, slower job growth and broader economic … Dec. 31, 2025, the Fund had 40.0% of its assets invested in publicly traded equities. The remaining Fund assets by …
https://www.osc.ny.gov/press/releases/2026/02/dinapoli-state-pension-fund-valued-297-point-8-billion-end-third-quarterBorrowing Against Your Contributions – Regional State Park Police Plan
… minus any outstanding loan balance, so you must have an account balance of at least $1,334. If you joined on or after … or $50,000 (whichever is less), so you must have an account balance of at least $2,000. Benefit Reduction … tool that gives you secure access to your retirement account information. It is the fastest, most convenient way …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsPartial Lump Sum Payment – State Police Plan
… members, you will receive your PLS along with your first pension payment, at the end of the month following your … benefit).* Choosing a Lump Sum Payment You must select a pension payment option and PLS payment by the end of the … your retirement application. Lump Sum Payment Amounts The amount of the PLS payment available to you is a percentage of …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-paymentDiNapoli: Wall Street Bonuses Declined in 2010
… from Wall Street related activities accounted for up to 20 percent of New York State tax revenues, but that …
https://www.osc.ny.gov/press/releases/2011/02/dinapoli-wall-street-bonuses-declined-2010New York State Comptroller Thomas P. DiNapoli Statement on MTA's Budget
… aid. “Improvements in fare, toll and tax collections have put MTA’s short-term finances on a stronger footing than expected. These positive developments mean that MTA can avoid recovery-damaging service cuts or layoffs in 2022. …
https://www.osc.ny.gov/press/releases/2021/02/new-york-state-comptroller-thomas-p-dinapoli-statement-mtas-budgetTown of Highlands – Receiver of Taxes and Assessments (2021M-120)
… on late payments. The Receiver did not create sewer and water accounts for 16 resident parcels and did not bill 70 accounts. We also released Town of Highlands – Water and Sewer Funds’ Financial Condition (2021M-152) , … fund balance since 2016. Key Recommendations Reconcile the customer accounts to determine which taxpayers overpaid and …
https://www.osc.ny.gov/local-government/audits/town/2022/01/21/town-highlands-receiver-taxes-and-assessments-2021m-120DiNapoli: Former State Employee Arrested for Falsely Claiming She Never Received $4K Loan Check from New York State and Local Retirement System
… of Education employee, Shannon Brady, 52, of Albany, was arrested for allegedly falsely claiming to the New York State … of Education employee Shannon Brady 52 of Albany was arrested for allegedly falsely claiming to the NYSLRS that …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-state-employee-arrested-falsely-claiming-she-never-received-4k-loan-check-new-yorkDiNapoli: MTA Financial Outlook Improved
… through 2020. The MTA projects a year-end cash balance of $200 million in 2016 (two-thirds higher than previously … however, have yet to identify the sources for $9.2 billion of their $10.8 billion contribution, making it impossible to … city budgets, or taxpayers. The MTA is funding 40 percent of the cost of the capital program ($11.8 billion), including …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-mta-financial-outlook-improvedDiNapoli: Economic and Tax Collection Growth Slowing in New York City
… economic growth and conservative tax revenue forecasts in recent years,”DiNapoli said. “While the city’s economy is … report notes that the out-year budget gaps are relatively small as a share of city fund revenues (averaging 4.2 … also include a general reserve of $1 billion that could be used to narrow the gaps. Additionally, the city continues to …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityDiNapoli: Audit Shows Health Department Overpaid Certain Medicaid Managed Care Premiums
… in recent years, it is of the utmost importance that DOH do all it can to make sure MCOs are being paid only what they …
https://www.osc.ny.gov/press/releases/2016/10/dinapoli-audit-shows-health-department-overpaid-certain-medicaid-managed-care-premiumsNYS Comptroller DiNapoli Seeks Answers From Companies on Sexual Harassment and Racial Discrimination
… Retirement Fund (Fund), has filed shareholder proposals with portfolio companies Activision Blizzard Inc. , Tesla … retain and recruit employees, and jeopardize relationships with customers and partners. At Activision Blizzard, the … of the largest public pension funds in the United States with assets of approximately $267.8 billion as of Sept. 30, …
https://www.osc.ny.gov/press/releases/2022/02/nys-comptroller-dinapoli-seeks-answers-companies-sexual-harassment-and-racial-discriminationComptroller DiNapoli and AG Schneiderman Announce Sentencing in Theft of Over $274,000 in State Pension Benefits
… Retirement System issued to his deceased mother, Fay Eletz. Eletz’s father, Milton Eletz, was a New York State … elected to receive reduced monthly benefits so his wife, Fay Eletz, would continue to receive benefits after his death …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-theft-over-274000-state-pension-benefitsDivorce – Article 14 Benefits
… be distributed according to your wishes. Effective July 7, 2008, beneficiary designations for certain benefits are …
https://www.osc.ny.gov/retirement/publications/1644/divorceDiNapoli: School District Revenue Growth Slows
… New York’s school districts have faced major fluctuations in their federal and state aid … last three years, averaging only 1.3 percent, according to a report issued today by State Comptroller Thomas P. … for a way out,” said DiNapoli. “State and federal aid have noticeably slowed, local property tax revenues are …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-school-district-revenue-growth-slowsEarnings Limits
… the limit. For Members Who Joined NYSLRS On or After April 1, 1996 The Internal Revenue Code Section 401(a)(17) … in your FAE calculation. Earnings Period Earnings Limit April 1, 2026 – March 31, 2027 $360,000 April 1, 2025 – March 31, 2026 …
https://www.osc.ny.gov/retirement/members/earnings-limitsDivorce – Forest Rangers Plan
… after the marriage has ended. This division must be stated in the form of a Domestic Relations Order (DRO) if we are to …
https://www.osc.ny.gov/retirement/publications/1864/divorceDiNapoli: Pennsylvania Man Impersonated Deceased Father to Steal His NYS Pension and Social Security Payments
… and the U.S. Attorney’s Office for prosecuting this case.” New York state pensioner Ralph Gritman retired from …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-pennsylvania-man-impersonated-deceased-father-steal-his-nys-pension-and-social-security