Search
Operational Advisory No. 25
… compliance with the Data Quality guidelines in the Guide to Financial Operations Chapter III, Section 7 - Data Quality … Office of the State Comptroller (OSC) has instructed SFS to execute the transaction clean-up activities necessary to ensure SFS data complies with these standards during June …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/25-data-quality-advisoryXIV.10.A Required Information for State Credit Cards – XIV. Special Procedures
… the proper format. For any questions, please contact the Bureau of State Expenditures’ Credit Card Team at …
https://www.osc.ny.gov/state-agencies/gfochapter-xiv/xiv10a-required-information-state-credit-cardsMilitary Service Credit
… before you retire. Vested members who leave the public payroll may request military service credit at any time … from three payment options: A single lump sum payment. Payroll deductions. A trustee-to-trustee transfer. We can … in our cost letter. If you choose to make payments through payroll deductions, the length of time to purchase your …
https://www.osc.ny.gov/retirement/members/military-service-creditXVI.3.B Fund Accounting – XVI. Financial Reporting
… Service Funds Fiduciary Funds Private Purpose Trusts Pension (and Other Employee Benefit) Trusts Custodial Funds … category is comprised of the following three fund types: Pension (and Other Employee Benefit) Trusts Pension (and Other Employee Benefit) Trusts report resources …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingShareholders Send Exxon a Strong Message on Climate Change
… of support for a climate change resolution at an Exxon annual meeting — despite the board’s recommendation that … for the motion ahead of today’s meeting, including major fund managers and pension funds Amundi, AXA Investment Management, BNP Paribas, …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-send-exxon-strong-message-climate-changePatient Safety Center Activities and Handling of Revenues (Follow-Up)
… Objective To determine the extent of implementation of the four recommendations included in our initial audit … report, Patient Safety Center Activities and Handling of Revenues (Report 2019-S-15 ). About the Program The …
https://www.osc.ny.gov/state-agencies/audits/2024/01/03/patient-safety-center-activities-and-handling-revenues-followDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… investment managers who want to do business with the state pension fund,”said DiNapoli. “The recent $1.2 billion in … investment platform. The Fund is one of a few public pension funds in the country to establish an emerging manager … State Common Retirement Fund, the third largest public pension plan in the United States with more than one million …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programAccidental Disability – Special 20- and 25-Year Plans
… the accidental disability retirement benefit is a lifetime pension. The benefit is equal to 75 percent of your FAE, plus … Disability Retirement (RS6047) . You must also select a pension payment option for the payment of your disability benefits. The pension payment option election form must be completed by you …
https://www.osc.ny.gov/retirement/publications/1517/accidental-disabilityMiddletown Employee Charged With Theft
… to falsely inflate his retirement benefit and defraud the pension system in excess of $5,000. McKelevey was a full-time … benefit that he was not entitled to. Since receiving his pension, he has been overpaid more than $5,000. “Mr. … law Section 111(2)(b), defrauding the New York State pension fund, grand larceny in the third degree, and grand …
https://www.osc.ny.gov/press/releases/2021/12/middletown-employee-charged-theftSchedules of Employer Allocations and Schedules of Pension Amounts
New York State and Local Retirement System's Schedules of Employer Allocations and Schedules of Pension Amounts Report for Fiscal Year Ended March 31, 2015 & 14
https://www.osc.ny.gov/files/retirement/resources/pdf/schedules-emp-allocations-pen-amounts-2015.pdfEligibility, the Benefit and Filing – Police and Fire Plan
… special plan. The Benefit At retirement you will receive a pension equal to: 1/60th (1.66 percent) of your FAS for each … annuity savings contributions. Maximum Benefit The maximum pension payable to Tier 2, 3, 5 and 6 members is the benefit …
https://www.osc.ny.gov/retirement/publications/1512/eligibility-benefit-and-filing20-Year Benefit (Section 384-d) – Special 20- and 25-Year Plans
… prior police service, as specified by the New York State Retirement and Social Security Law (RSSL). You must separate … date it is offered. Note: This benefit is not available to Tier 3 members. The Benefit With at least 20 years of … percent of your FAE per year of creditable service, plus 1.66 percent of your FAE per year of service in other …
https://www.osc.ny.gov/retirement/publications/1517/20-year-benefit-section-384-dNYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return in the … March 31, 2016. … The New York State Common Retirement Funds Fund overall return in the second quarter of the Funds …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces First Quarter Results
… climate," DiNapoli said. "Nevertheless, New York's pension fund remains strong and well-positioned for the … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: State Pension Fund Reaches Record High of $183.5 Billion
… asset allocation.” The Fund is the third-largest public pension fund in the country and remains one of the nation’s best-managed and best-funded pension plans. The New York State and Local Retirement System …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-pension-fund-reaches-record-high-1835-billionDiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… our pensioners and members can remain confident that their pension benefits are safe.” The Fund's value reflects … State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterNew York State Comptroller DiNapoli Statement in Response to Majority Support at Exxon Annual Meeting
… about climate risk seriously." Background New York state’s pension fund and the Church of England co-filed the proposal … State Common Retirement Fund is the third largest public pension fund in the United States, with an estimated $192 …
https://www.osc.ny.gov/press/releases/2017/05/new-york-state-comptroller-dinapoli-statement-response-majority-support-exxon-annual-meetingHiring Members with the Enhanced Report – Enhanced Reporting
… or retiree of one of the eight public retirement systems in New York State. If they are a NYSLRS member or retiree, … contributions (if applicable) as part of their employment with you. If your employee is a retiree receiving a pension … systems in New York State, you will report their days and salary so we can monitor their post-retirement employment . …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/hiring-members-enhanced-reportNYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsEarnings Limits – Enhanced Reporting
… the Section 401(a)(17) limit, you should continue to report days worked and earnings using the appropriate … $330,000 April 1, 2022 – March 31, 2023 $305,000 April 1, 2021 – March 31, 2020 $290,000 April 1, 2020 – March 31, 2021 … do not take contributions from member earnings that exceed annual limits However earnings that exceed the limit should …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/earnings-limits