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20-Year Benefit (Section 384-d) – Special 20- and 25-Year Plans
… a member or officer of the New York State Police; Service in the U.S. military, as specified by law; or Other prior … service on the last day of the month following the month in which you turn 65. If you are over age 65 when your … service, plus 1.66 percent of your FAE per year of service in other allowable government titles. The maximum benefit …
https://www.osc.ny.gov/retirement/publications/1517/20-year-benefit-section-384-dNYS Common Retirement Fund Announces Second Quarter Results
… in the second quarter of the Fund’s 2015-2016 fiscal year was -4.13 percent for the three-month period ending … third quarter, there is no question that this is a tough year for investors.” The Fund's estimated value reflects … managed and best funded plans in the nation. Its fiscal year ends March 31, 2016. … The New York State Common …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsHiring Members with the Enhanced Report – Enhanced Reporting
… date is the first day the employee receives pay on your payroll for that position. If they are an employee whose … . Rev. 2/23 … After hiring an employee in Retirement Online employers are able to report salary and service …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/hiring-members-enhanced-reportNew York State Comptroller DiNapoli Statement in Response to Majority Support at Exxon Annual Meeting
… Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, released the following statement today in … the assets of the New York State and Local Retirement System on behalf of more than one million state and local …
https://www.osc.ny.gov/press/releases/2017/05/new-york-state-comptroller-dinapoli-statement-response-majority-support-exxon-annual-meetingNYS Common Retirement Fund Reports Third Quarter Results
… York 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/2022/02/nys-common-retirement-fund-reports-third-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 …
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
… York 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-quarterEarnings Limits – Enhanced Reporting
… 401(a)(17) limits the earnings used in the calculation of pension benefits. The amount is set by federal law and periodically adjusted for inflation. Refer to the table …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/earnings-limitsVillage of Addison – Former Clerk-Treasurer’s Misappropriation of Funds (2024M-19)
… totaling $94,562 and inappropriate and unauthorized payroll payments totaling $341,992 (see Village of Addison – Payroll (2024M-12) ). She also did not maintain complete and … records, provide financial reports to the Board, file payroll reports or remit biweekly withholdings in a timely …
https://www.osc.ny.gov/local-government/audits/village/2025/07/11/village-addison-former-clerk-treasurers-misappropriation-funds-2024m-19State Agencies Bulletin No. 874
… Revenue Service (IRS) of e-File leaflets promoting the benefits of electronic filing of income tax returns. Affected … Date(s) E-File leaflets should accompany paychecks and direct deposit advice statements on the payday following … should distribute the IRS e-File leaflets with paychecks and direct deposit advice statements the following payday. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/874-benefits-irs-e-fileXII.5 Overview – XII. Expenditures
… to the Office of the State Comptroller (OSC) for payment in the Statewide Financial System (SFS). Beginning with the … documentation to the Bureau of State Expenditures (BSE) in order to initiate payment (with the exception of payments … enter information onto SFS and maintain all documentation in support of the payment in accordance with the record …
https://www.osc.ny.gov/state-agencies/chapter-xii/xii5-overviewOperational Advisory No. 24
… of the State Comptroller (OSC) has updated the Guide to Financial Operations Chapter XV – End of Year , regarding … needed information and final deadlines pertaining to the end of New York State fiscal year. Chapter XV – End of … and State payments. For specifics, please visit the Guide to Financial Operations, Chapter XV - End of Year . Please …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/24-fiscal-year-end-2024-25-important-datesOpinion 91-25
… on the issues discussed in the opinion. FIRE PROTECTION AND PREVENTION -- Disability Benefits (entitlement of paid firefighters to salary … the contrary holding in Smerek , supra . With respect to your questions regarding restrictions on employment, section …
https://www.osc.ny.gov/legal-opinions/opinion-91-25Disability Benefits
Important facts members need to know about disability retirement benefits from the New York State and Local Retirement System NYSLRS
https://www.osc.ny.gov/retirement/members/disability-benefitsService Credit for Tiers 2 through 6
… refers to any period of time during which you received salary from an employer before the employer elected to … about military service credit, including eligibility and application requirements under the different statutes of law, … leave the payroll, you must make payment within 30 days of notification. Note: If your purchased service brings your …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6VendRep System Guide for Office of the State Comptroller Bureau of Contracts Users
… a questionnaire Review contract data VendRep System Online Help contains the instructional guidance and … assigned when the user is created by an Authorizer in OSC Online Services. Thereafter, roles may be added or removed as … their assigned VendRep roles. General Help VendRep System Online Help. Feedback Submit comments, suggestions and ideas …
https://www.osc.ny.gov/state-agencies/contracts/vendrep-system-guide-office-state-comptroller-bureau-contracts-usersEmployment Recovery Is Slow for New Yorkers with Disabilities
… rates for people with disabilities, and these rates have not declined as quickly in New York as they have nationally. 1 In addition, the national share of people with disabilities who are working reached a new …
https://www.osc.ny.gov/reports/employment-recovery-slow-new-yorkers-disabilitiesXI.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-responsibilityBorrowing Against Your Contributions – Article 14 Benefits
… You must repay each outstanding loan through payroll deductions in an amount sufficient to repay the loan, …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsDiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… The New York State Common Retirement Fund (Fund) is committing another $350 million to … Program is the largest and most comprehensive of any home state focused pension investment program in the United …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companies