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Retirees Contribute to New York State's Economy
… in good times and bad, helping to build a stronger New York. During 2023, approximately 79 percent of NYSLRS retirees and beneficiaries lived in NY and were responsible for $18.2 billion in economic … 2024 NYSLRS Annual Comprehensive Financial Report; U.S. Census Bureau; OSC analysis. … Approximately 79 percent of …
https://www.osc.ny.gov/retirement/retirees/retirees-contribute-new-york-states-economyXI.16 Vendor Responsibility – XI. Procurement and Contract Management
… These procurement record requirements help ensure that: Public dollars are being spent appropriately with responsible … of the proposed contractor. Section 8 of the Public Buildings Law provides that all contracts for amounts … constructed or to be constructed must be offered for public bidding and may be awarded to "the lowest responsible …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi16-vendor-responsibilityFinal Average Earnings
… for some PFRS members who may be eligible for a One-Year FAE ). These are usually your years of employment … be anytime in your career and do not need to match up with calendar years or fiscal years. Earnings Included in Your FAE The specific …
https://www.osc.ny.gov/retirement/members/final-average-earningsThe Economic Impact of the Great Outdoors
… New Yorkers prepare for summer vacations and to celebrate the 4th of July weekend, many plan to go swimming, camping, … billion in compensation. While New York ranks fourth in the nation on Gross Domestic Product (GDP) generated by … outdoor recreation represents a more significant part of the economy in nearly every other state. As outdoor …
https://www.osc.ny.gov/reports/economic-impact-great-outdoorsDiNapoli & Lander’s Proposal Calling on Wells Fargo Board to Report on Efforts to Prevent Discrimination and Harassment Wins Majority Support From Shareholders
… a proposal filed by the New York State Common Retirement Fund (Fund) and the New York City Pension Funds. DiNapoli serves as the trustee of the Fund and … largest U.S. banks, approved the proposal at the company’s annual meeting on April 25 with 55% support, excluding …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-landers-proposal-calling-wells-fargo-board-report-efforts-prevent-discrimination-andDiNapoli: Albany Woman Pleads Guilty: Second Defendant Indicted for Stealing More than $230,000 from Elderly Pensioner
… New York state pensioner, met Diacetis through an online service. Diacetis then introduced the victim to … Fraud Hotline at 1-888-672-4555, by filing a complaint online , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-albany-woman-pleads-guilty-second-defendant-indicted-stealing-more-230000-elderly-pensionerState Agencies Bulletin No. 1529
… guidance on the services and processes of the Bureau of State Payroll Services Tax Audit and Compliance Unit … W-2c issued A Reissued Form W-2c can be issued when all new Form W-2c’s have been printed (depending upon the … home address. General income tax refunds often involve New York City or Yonkers tax refund requests. Yonkers taxes are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1529-general-tax-tipsState Agencies Bulletin No. 1445
… Reissued W-2, W-2c/Corrected W-2, SS/Med Refund Request (Year), or NYC/Yonkers Income Tax refund request), EmplID and … including: Department ID/Agency Code, the applicable year, an explanation of the request, and any supporting … (Agency W-2c Report) and complete a Form AC3206 (Prior Year Social Security and Medicare Tax Refund Certification) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1445-general-tax-tipsInventory Controls
… (ITS) was created in 2012 and is the lead agency for State IT services and technology solutions, including the … distribution, and maintenance of technical equipment for State employees. Additionally, ITS is responsible for … as its centralized system of record. ITS supports 108 State entities and operates 83 stockroom locations statewide. …
https://www.osc.ny.gov/state-agencies/audits/2025/02/14/inventory-controlsState Agencies Bulletin No. 1167
… to operate the New York State Direct Deposit/Electronic Funds Transfer Program. This information is being requested … receipt of payments through the Direct Deposit/Electronic Funds Transfer Program. The information provided will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1167-revised-personal-privacy-protection-law-notification-direct-depositXI.18.H The Infrastructure Investment Act – XI. Procurement and Contract Management
… delivery method, for capital projects 2 located in New York State related to physical infrastructure … by the Act are subject to the Comptroller’s prior approval under State Finance Law §112 or Public Authorities Law … why one of the following bases for award was selected: Best Value; Cost Plus Not to Exceed Guaranteed Maximum Price; …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18h-infrastructure-investment-actDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionOrdinary Death Benefit – Career Plan
… System and your death occurs: While you are on the payroll; While you are on an authorized medical leave of … two years) following the last date you were paid on the payroll, provided your employment has not been terminated by …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-death-benefitCity of Yonkers – Budget Review (B6-15-15)
… the significant revenue and expenditure projections in the City’s proposed budget for the 2015-16 fiscal year are reasonable. Background The City of Yonkers is authorized to issue debt totaling $45 …
https://www.osc.ny.gov/local-government/audits/city/2015/05/15/city-yonkers-budget-review-b6-15-1525-Year Benefit (Section 384) – Special 20- and 25-Year Plans
… Park Police; Service in the U.S. military, as specified by law; or Other prior police service, as specified by the RSSL. …
https://www.osc.ny.gov/retirement/publications/1517/25-year-benefit-section-384Ordinary Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… System and your death occurs: While you are on the payroll; While you are on an authorized medical leave of … two years) following the last date you were paid on the payroll, provided your employment has not been terminated by …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-death-benefitOrdinary Death Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… System and your death occurs: While you are on the payroll; While you are on an authorized medical leave of … two years) following the last date you were paid on the payroll, provided your employment has not been terminated by …
https://www.osc.ny.gov/retirement/publications/1511/ordinary-death-benefitForeign Fire Insurance Report Filing
… with the completion of the annual report form, please call our office at 1-866-321-8503, option 4 or (518) 408-4934. The NYS Department of Financial Services maintains a list of …
https://www.osc.ny.gov/local-government/required-reporting/foreign-fire-insurance-report-filingRetroactive Service Credit Due to Litigation, Settlements, and Arbitration Awards – Enhanced Reporting
… NYSLRS can only award retroactive service credit based on litigation, settlements or arbitration when such actions …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/retroactive-service-credit-due-litigation-settlements-and-arbitration-awardsRetroactive Service Credit due to Litigation, Settlements, and Arbitration Awards – Legacy Reporting
… report information about employees through Retirement Online including their earnings the number of days they …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/retroactive-service-credit