Search
DiNapoli Report Tracks MTA's Shifting Revenue Streams
… enforcement and deterrence measures for fare evasion are also necessary to help boost paid ridership in the coming …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-report-tracks-mtas-shifting-revenue-streamsDiNapoli: LIRR On-Time Performance Falls Short
… In 2016, the Long Island Rail Road (LIRR), the largest commuter railroad in the nation, did … productivity. "Commuters count on the Long Island Rail Road to get them to their jobs on time and back home again," … n 2016 the Long Island Rail Road LIRR the largest commuter railroad in the nation did not …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-lirr-time-performance-falls-shortAudit Finds Construction Delays in Public Housing Program Across New York State
… Problems with the administration of the public housing modernization program run by New York State Homes and Community Renewal (HCR) have led to years-long delays in projects outside New York City, according to an audit … DiNapoli said. “People living in moderate- and low-income housing should not have to wait years for crucial projects to …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateDiNapoli: New York City's Budget Outlook Improves
… and planned cost savings benefited New York City’s budget outlook for Fiscal Year (FY) 2025, but funding for education … Despite the short-term improvement to the city’s fiscal outlook and efforts to minimize service impact, the city … report projects overtime could total $2 billion. Outlook Ahead The city should continue to seek efficiencies …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… in 2024 that could have ballooned to $1.6 billion in 2026. With new funds made available by the state and city, … budgets throughout its five-year financial plan through 2027. MTA projects its overall revenue will increase by 4.4% … downstate casinos to provide $500 million in each of 2026 and 2027. Any delay in the casinos’ approval could throw …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli Warns of ‘Triple Threat’ of Fiscal Risks
… in SFY 2016-17. This is largely due to collections from audits, primarily from the bank tax. Total collections …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-warns-triple-threat-fiscal-risksDiNapoli: NYC Finances Gain Stronger Footing
… today by State Comptroller Thomas P. DiNapoli. ”Hope is building in New York City as vaccination rates climb, … “The city needs to carefully manage the significant relief it received to aid its recovery while also maintaining … April, down from the peak of 20 percent in May 2020, but still well behind the state (8.2 percent) and nation (6.1 …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-nyc-finances-gain-stronger-footingDiNapoli: $2.9 Billion Hole Threatens MTA’s Capital Program
… does not have the resources to fully fund its $548 billion 20202024 capital program which is vital to improving riders …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-29-billion-hole-threatens-mtas-capital-programDiNapoli: Audit Finds State Falling Short in Helping People with Disabilities Find Work
… rates for New Yorkers who face challenges due to a disability increased more quickly and have remained high … March 2021 was 11.3%. The New York State Employment First Commission, established by executive order and comprised of representatives from several state agencies, issued a report in March 2015 with the goal of increasing the …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-audit-finds-state-falling-short-helping-people-disabilities-find-workDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… lower pension expenses, which have been fueled by strong market returns in FY 2021 and are expected to offset future … billions in state payments and public authority data. Visit the Reading Room for contract FOIL requests, bid …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingDiNapoli: State Must Consider Pros and Cons of Gaming Revenues, Problem Gambling
… consider possible expansion of revenue streams from gaming, New York State Comptroller Thomas P. DiNapoli … balance between reliance on revenue generated from gaming activities and problem gambling. “The lottery … are down this year due to the coronavirus pandemic, the Gaming Commission is studying ways to boost revenues going …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-must-consider-pros-and-cons-gaming-revenues-problem-gamblingPerformance of Duty Disability – New Career Plan
… Eligibility You may be entitled to this disability benefit if you are found permanently … of your disability benefits . Filing You, your employer or someone authorized with your power of attorney may file your … the payroll; On an authorized medical leave of absence for up to two years (which may be extended for an additional two …
https://www.osc.ny.gov/retirement/publications/1515/performance-duty-disabilityOrdinary Disability (Section 362) – New Career Plan
… If you are unable to perform your duties because of permanent physical or mental incapacity, and have ten or more years of service credit, you may be eligible for an ordinary … If approved, this is a benefit equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Retiring Before Age 62 – New Career Plan
… retire before age 62 will have their benefit reduced by the percentages shown below: Age at Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 …
https://www.osc.ny.gov/retirement/publications/1515/retiring-age-62Tier 2, 3, 5 and 6 Death Benefits – Non-Contributory Plan with Guaranteed Benefits
… years of service, not to exceed three years of salary. For example, if you die after one year of service, your … with a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − 10,800 (ordinary death benefit at … NonContributory Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 under Section 375e …
https://www.osc.ny.gov/retirement/publications/1513/tier-2-3-5-and-6-death-benefitsPerformance of Duty Disability – Non-Contributory Plan with Guaranteed Benefits
… you have made. The contributions required of Tier 5 and 6 members are not annuity savings contributions, and Tier 5 and 6 members would not receive an annuity based on those … Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 under Section 375e Performance of Duty Disability …
https://www.osc.ny.gov/retirement/publications/1513/performance-duty-disabilityOrdinary Disability (Section 362) – Non-Contributory Plan with Guaranteed Benefits
… If you are unable to perform your duties because of permanent physical or mental incapacity, and have ten or more years of service credit, you may be eligible for an ordinary … If approved, this is a benefit equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-disability-section-362Contributing Toward Your Retirement – New Career Plan
… the employer to offer a non-contributory plan that was in effect on January 9, 2010, and is still in effect on … the employer to offer a non-contributory plan that was in effect on January 9, 2010, and is still in effect on …
https://www.osc.ny.gov/retirement/publications/1515/contributing-toward-your-retirementStay Informed – New Career Plan
… , read informative booklets and brochures , and get tips on preparing for retirement . Attend a pre-retirement … to retire. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your … topics. Sign up for E-News , our email newsletter, for the latest NYSLRS news and information dedicated to …
https://www.osc.ny.gov/retirement/publications/1515/stay-informedWorld Trade Center Presumption – New Career Plan
New Career Plan for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375h and 375i World Trade Center Presumption
https://www.osc.ny.gov/retirement/publications/1515/world-trade-center-presumption