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NYS Common Retirement Fund Reports First Quarter Results
… of the State Fiscal Year (SFY) 2019-20 was 3.38 percent for the three-month period ending June 30, 2019, raising its … percent target rate of return to determine if it is due for an adjustment as a matter of prudent fiscal management. … state and municipal employees with retirement security for generations to come." The Fund's estimated value reflects …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsNY State Comptroller DiNapoli Asks Express Scripts' Shareholders to Back Cyber Security Risk Proposal
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced that he has written to fellow Express Scripts shareholders urging them to support … and alternative instruments. … New York State Comptroller trustee of the New York State Common Retirement Fund …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-asks-express-scripts-shareholders-back-cyber-security-risk-proposalState Comptroller DiNapoli Releases Municipal & School Audits
… an adequate inventory policy or written procedures on how workbooks should be accounted for and how the inventory … did not properly audit and approve all claims prior to payment. Auditors reviewed 100 claims totaling … a network disruption or disaster. Officials also did not disable 486 of the 3,525 enabled nonstudent network user …
https://www.osc.ny.gov/press/releases/2023/11/state-comptroller-dinapoli-releases-municipal-school-auditsCUNY Bulletin No. CU-620
… or the Time Entry page using Earnings Code HBB – HB Buyout : Earnings Begin Date: Pay Period 6L/7C End Date or … Date: Same as the Earnings Begin Date Earn Code: HBB – HB Buyout Amount: The amount designated on the listing Errors …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-620-city-university-new-york-cuny-health-benefits-buy-outCUNY Bulletin No. CU-653
… for processing the CUNY Health Benefits Buy-Out Waiver Program Affected Employees Eligible CUNY employees who elect … Health Benefits Application and the MSC Enrollment/Change Form. An employee will receive $1,000 for waiving family …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-653-city-university-new-york-cuny-health-benefits-buy-outState Agencies Bulletin No. 1796
… Purpose The purpose of this bulletin is to notify agencies of the 2020 maximum salary limit for members of ORP and VDC in Tier 6. Background In accordance with Section 415 of the Internal …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1796-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedTown of Fishkill – Information Technology (2020M-153)
… plan. Officials did not adequately manage user accounts for the network or financial application. Town employees did not comply with the … and a disaster recovery plan. Develop written procedures for managing system access. Town officials generally agreed …
https://www.osc.ny.gov/local-government/audits/town/2021/04/30/town-fishkill-information-technology-2020m-153Comparison of PFRS Benefits
… See Tier 6 Member Contributions. Retirement Age Members in special plans can retire after completing their plan’s … minimum service requirement, regardless of age. Members in regular plans can retire with full benefits at 62 or with … for Early Retirement below). Article 11: Members in special plans can retire after completing their plan’s …
https://www.osc.ny.gov/retirement/employers/comparison-pfrs-benefitsNYS Common Retirement Fund Announces First Quarter Results
… mortgages (26.7 percent), private equity (7.8 percent), real estate (7 percent), absolute return strategies (3.3 percent) and opportunistic alternatives and real assets (1.3 percent). DiNapoli initiated quarterly …
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsOther Bulletin No. 63
… the Budget Bulletin D-1144 provide for payment of the 2022-2023 Longevity Payments effective April 2022 as a one-time, … (Earnings Code CVO), Earnings Code ARC (Adjust Retro Raise for C19 OT) must be used to process the adjustment. … Fund instructions for processing the April 2022 SCF MC LLS Payment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-63-april-2022-state-university-construction-fund-scfOther Bulletin No. 76
… the State University Construction Fund instructions for processing the April 2024 SCF M/C LLS Payment. Affected … Background: Civil Service Law, Article 8, Section 130 and the Division of the Budget Bulletin D-1152 provide for payment of the 2024-2025 Longevity Payments effective …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-76-april-2024-state-university-construction-fund-scfOther Bulletin No. 69
… in the calculation of overtime compensation (refer to the Online Payroll Manual accessed from the PayServ Bulletin …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-69-april-2023-state-university-construction-fund-scfWhat is a Defined Benefit Plan?
… by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … However, the biggest contributor to your pension plan is the New York State Common Retirement Fund . Over the past … may pay a set amount; or they may “match” all or part of what an employee contributes. Investments Contributions from …
https://www.osc.ny.gov/retirement/members/defined-benefit-planDivision of Housing and Community Renewal Bulletin No. DH-55
… processing of the LLS payment and to provide instructions for payments not processed automatically. Affected Employees … and Rent Regulation Services Unit (RRSU) and provides for a Longevity Lump Sum payment effective April 2012 (per … 25, 2012 (Administration).There will be no direct deposit for this payment. Contract Provisions and Eligibility …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-55-april-2012-rent-regulation-services-unit-rrsu-longevityMore About This Retirement Plan – Career Plan
… This retirement plan summary describes the benefits available … members covered by the Career Retirement Plan. (There is no Tier 4 in the Police and Fire Retirement System.) These … State of New York, administers this plan. Our main office is in Albany, New York. This publication is a general summary …
https://www.osc.ny.gov/retirement/publications/1642/more-about-retirement-planMore About This Retirement Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… describes the benefits available to Tier 1, 2, 3, 5 and 6 Police and Fire Retirement System members covered by the Basic Retirement Plan. (There is no Tier 4 in the Police and Fire Retirement System.) These benefits are provided by …
https://www.osc.ny.gov/retirement/publications/1511/more-about-retirement-planCity of Long Beach – Budget Review (B7-15-14)
… Purpose of Budget Review The purpose of our budget review was to determine whether the … fiscal year are reasonable. Background The City of Long Beach, located in Nassau County, has been authorized to issue … from the sale of City property and determine whether it is likely to be realized during 2015-16. Apply for applicable …
https://www.osc.ny.gov/local-government/audits/city/2015/05/08/city-long-beach-budget-review-b7-15-14About NYSLRS
… (Fund), which was valued at $273.1 billion as of March 31, 2025. 1 The Fund supports the benefits of current and future … best-managed and best-funded plans in the nation. See our 2025 Annual Comprehensive Financial Report for additional … position, 2 and read our Fact Sheet for the latest NYSLRS stats. Rev. 9/25 … NYSLRS the New York State and Local …
https://www.osc.ny.gov/retirement/about-nyslrsExamples – Article 14 Benefits
… he or she leaves public employment. The member can apply for a vested retirement benefit at the early retirement age … as age 55 with a reduction of 16.65 percent (3.33 percent for each of the 5 years the benefit begins prior to his or … as age 55 with a reduction of 26.65 percent (6.67 percent for the one year his or her early retirement age exceeded age …
https://www.osc.ny.gov/retirement/publications/1644/examplesState Agencies Bulletin No. 1933
… automatic processing of the October 2021 CSEA LLS payment and provide instructions for payments not automatically … BU03 Institutional Services BU04 Division of Military and Naval Affairs BU47 Note: Increment Code 1000 is used to … the 2016-2021 Agreements between the State of New York and the CSEA, provides for payment of the 2021-2022 Longevity …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1933-october-2021-civil-service-employees-association-csea-longevity-lump