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Retroactive Service Credit due to Litigation, Settlements, and Arbitration Awards – Legacy Reporting
… NYSLRS can only award retroactive service credit based on litigation, settlements or … OSC’s Legal Department at 518-473-5880. 1 To adjust a member’s salary or days worked due to litigation, … Member and Employer Services Bureau a copy of the legal document for review. You will be charged for the employer …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/retroactive-service-creditOperational Advisory No. 25
… (OSC) has instructed SFS to execute the transaction clean-up activities necessary to ensure SFS data complies … and Knowledge Transfer (ASK) with any general questions you have regarding the content of this advisory. ASK can be reached via email at [email protected] . … Data …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/25-data-quality-advisoryOpinion 90-54
… distribution of benefits in matrimonial actions) DOMESTIC RELATIONS LAW, §236; RETIREMENT AND SOCIAL SECURITY … subject to the equitable distribution provisions of the Domestic Relations Law, and, therefore, may be paid by the … Internal Revenue Code (IRC) which provide for Qualified Domestic Relations Orders (QDRO's) (see ERISA, §4[b] and IRC, …
https://www.osc.ny.gov/legal-opinions/opinion-90-54Ordinary Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… Your beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if your death is not attributable to an on-the-job accident. The … by resignation, employer action, retirement or any other means while receiving those benefits; or Within 12 months of …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-death-benefitOrdinary Death Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Your beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if your death is not attributable to an on-the-job accident. The … by resignation, employer action, retirement or any other means while receiving those benefits; or Within 12 months of …
https://www.osc.ny.gov/retirement/publications/1511/ordinary-death-benefitCity of Yonkers – Budget Review (B6-15-15)
… of Budget Review 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 … 2014. Chapter 55 of the Laws of 2014 requires the City to submit their proposed budgets for the next fiscal year to the …
https://www.osc.ny.gov/local-government/audits/city/2015/05/15/city-yonkers-budget-review-b6-15-15Ordinary Death Benefit – Career Plan
… Your beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if your death is not attributable to an on-the-job accident. The … by resignation, employer action, retirement or any other means while receiving those benefits; or Within 12 months of …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-death-benefit25-Year Benefit (Section 384) – Special 20- and 25-Year Plans
… will receive a pension benefit of 2 percent of your FAE per year of creditable service. You will also receive 1.66 … the Office of the State Comptroller 15 – 90 days before your date of retirement. For information on how to apply for a service retirement benefit, read Applying …
https://www.osc.ny.gov/retirement/publications/1517/25-year-benefit-section-384DiNapoli & Lander’s Proposal Calling on Wells Fargo Board to Report on Efforts to Prevent Discrimination and Harassment Wins Majority Support From Shareholders
… Fargo & Co.’s board of directors to publicly report on the company’s efforts to prevent harassment and discrimination in … pension funds. “Wells Fargo employees are one of the company's most valuable assets, however, recent scandals have … those employees who complained about the sham interviews. News outlets have also reported that the U.S. Attorney for …
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
… State Comptroller Thomas P. DiNapoli, Rensselaer County District Attorney Mary Pat Donnelly, and the New York … pleaded guilty to grand larceny in the third degree before Judge Jennifer G. Sober in Rensselaer County Court. Zielinski …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-albany-woman-pleads-guilty-second-defendant-indicted-stealing-more-230000-elderly-pensionerFinal Average Earnings
… your pension calculation — you don’t need to contact us. The new law does not apply to members who retired before … for some PFRS members who may be eligible for a One-Year FAE ). These are usually your years of employment … ÷ 2] × 1.1 = 31,350 $31,350 Year 3: $31,000 [(26,000 + 25,000) ÷ 2] × 1.1 = 28,050 $28,050 Year 4: $26,000 Year …
https://www.osc.ny.gov/retirement/members/final-average-earningsNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated … BLS add to the picture. Total wages in accommodation and food services fell by $3.5 billion, a drop of nearly 60 … Assistance Program benefits (SNAP, formerly known as food stamps) in September, according to the latest available data. …
https://www.osc.ny.gov/reports/covid-19-december-16-2020Travel Advisory No. 14
… Report Audit Questions Updated to clarify that when Bureau auditors request additional information or …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/14-gfo-updates-responding-audit-questions-voucher-denial-codesXII.6.Q Paying and Reconciling State Credit Card Charges – XII. Expenditures
… This Section provides Business Units with guidance on how pay and reconcile charges to the State Procurement, … the checkmark in the “Separate Payment” box should ensure it is checked. For additional instruction on this topic, … the goods or services purchased with the PCard, the agency does not need to subsequently process a journal transfer. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6q-paying-and-reconciling-state-credit-card-chargesDiNapoli: State Pension Fund Value $194.3 Billion
… P. DiNapoli today announced the New York State Common Retirement Fund (Fund) had a -2.68 percent return on investments in the … P DiNapoli today announced the New York State Common Retirement Fund Fund had a 268 percent return on investments …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionNYSLRS Ordinary Death Benefit
… (Zebrowski/Skoufis) – Authorizes beneficiaries to choose pension benefits or a death benefit in certain circumstances. … Memo Bill Text Status … Authorizes beneficiaries to choose pension benefits or a death benefit in certain circumstances …
https://www.osc.ny.gov/legislation/nyslrs-ordinary-death-benefitState Agencies Bulletin No. 1167
… the Direct Deposit program of the revision to the Personal Privacy Law Notification on the Direct Deposit Form Affected … the Office of the State Comptroller revised the Personal Privacy Law Notification on the Direct Deposit Form for NYS … in the Direct Deposit program with the revised Personal Privacy Law Notification. The revised direct deposit form is …
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
… 2019, Part M of Chapter 39 of the laws of 2019, and Part DD of Chapter 58 of the laws of 2020. 2 As defined in SFL …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18h-infrastructure-investment-actIRS Pension Limitation – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
… ERS Tier 36 members under Article 14B Sections 551 552 553 IRS Pension Limitation …
https://www.osc.ny.gov/retirement/publications/1841/irs-pension-limitationIRS Pension Limitation – State Correction Officers and Security Hospital Treatment Assistants Plan
… Officers and Security Hospital Treatment Asst Plan info for ERS Tier 3 5 and 6 members under Article 14CO IRS Pension …
https://www.osc.ny.gov/retirement/publications/1526/irs-pension-limitation