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Contributions – Special 20- and 25-Year Plans

… in the Section 383-e plan are required to contribute. For Tier 5 and 6 members in this plan, the contribution rate … mandatory contributions and will not provide an additional annuity when you retire. The contribution rate in the Section … than contribution rates for Tier 5 and 6 members in other retirement plans—see chart below. Comparison: In other PFRS …

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IRS Pension Limitation – State Police Plan

… that qualified pension plans, including PFRS, may use to calculate benefits. It affects members who first join on or after April 1, 1996, and excludes earnings over …

IRS Pension Limitation – Special 20- and 25-Year Plans

Collection of Medicaid Accounts Receivable (Follow-Up)

… recovery of all accounts receivables identified through audits or retroactive rate adjustments for affiliated …

Tier 6 Defined Contribution Plan Option

… wish to choose the defined contribution plan must file an election during their first 30 days of employment. You must … mandatory members to us, unless an employee has filed an election choosing the defined contribution plan. The defined …

DiNapoli: MTA'S Homeless Outreach Program Didn't Do Much Outreach

… The Metropolitan Transportation Authority (MTA), and homeless New Yorkers, have been shortchanged by the nonprofit hired to provide outreach services at Penn Station, Grand Central … The Metropolitan Transportation Authority MTA and homeless New Yorkers have been shortchanged by the nonprofit hired to provide …

State Comptroller DiNapoli Releases School and Local Government Audits

… County) The follow-up review was limited to interviews with town personnel and inspection of certain documents … long-term capital and financial plans, which provide a framework to assess the town’s capital and financial needs … auditor and did not appoint a faculty counselor. Each club did not maintain a separate set of records from those of …

Rochester Attorney Admits to Unlawfully Receiving Retirement Benefits

… M. Cecero, age 64, of Pittsford, New York, admitted today to unlawfully "double-dipping" and receiving state retirement benefits to which she was not entitled. She agreed to pay back those benefits, with interest, as part of a … Diane M Cecero age 64 of Pittsford New York admitted today to unlawfully doubledipping and receiving state retirement …

DiNapoli Op-Ed in Newsday Urges Washington to Help Governments Hurt by COVID-19

… government to do more to help state and local governments hit hard by the coronavirus. The full op-ed is below: State, … economic devastation. New York and other hard hit areas need money to balance their books and that cash … government to do more to help state and local governments hit hard by the coronavirus …

Join Our Team as a Local Government Auditor

… the State. Among other duties, LGSA auditors:   Perform on-site audits of local governments, schools and fire … potential problems.   Provide training to local officials on a wide range of topics including cybersecurity, property … trends and standards in the accounting and auditing profession, including providing diverse non-audit services, …

DiNapoli: New York City’s Public Hospitals Need To Do More To Provide Interpretation Services

… audit from State Comptroller Thomas P. DiNapoli found that the New York City Health and Hospitals Corporation (H+H) is … services for those in need of language assistance. “The Health and Hospitals Corporation has a tall order given the diversity of languages spoken in New York City, but it …

IRS Pension Limitation – Article 14 Benefits

… Article 14 information for PFRS Tier 3 members Covers pension …

Ending Your Membership – State Police Plan

… end: If you are not vested and you leave public employment for seven years (membership ends automatically); If you leave … State Police Plan information for PFRS Tier 2 5 and 6 members under Sections 381b Ending …

Ending Your Membership – Special 20- and 25-Year Plans

… withdraw your membership ; If you transfer your membership to another New York State public retirement system; If you retire; or If you die. “Public …

DiNapoli Seeks Increased Diversity at Pension Fund's Portfolio Companies

… Retirement Systems. “As shareholders, we believe that it does not serve companies or their workers to maintain a … civil rights, racial equity, diversity and inclusion, and how these affect the company’s business. Last year, the … committee nominees at companies that do not disclose the self-identified individual racial/ethnic diversity of their …

IRS Pension Limitation – Career Plan

IRS Pension Limitation – Regional State Park Police Plan

Regional State Park Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits

IRS Pension Limitation – Police and Fire Plan

IRS Pension Limitation – En-Con Police Officers Plan

EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits