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Stay Informed – World Trade Center Presumption
… information. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your benefits, as well as important retirement news. Like us on Facebook and follow us on Twitter for … updates on a variety of retirement topics. Sign up for E-News , our email newsletter, for the latest NYSLRS news and …
https://www.osc.ny.gov/retirement/publications/world-trade-center/stay-informedState Comptroller DiNapoli Releases Municipal & School Audits
… today announced the following local government and school audits were issued. Town of Ballston – Water Fund … 2022 fiscal year-end physical inventory. Fairport Central School District – Payroll and Employee Benefits (Monroe County) …
https://www.osc.ny.gov/press/releases/2023/12/state-comptroller-dinapoli-releases-municipal-school-audits-1Opinion 2001-1
… views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer represent those … (authority to pay overtime compensation in excess of Fair Labor Standards Act minimum requirements) PUBLIC OFFICERS AND … board may authorize overtime payments at reasonable rates of pay in excess of the minimum payment requirements of …
https://www.osc.ny.gov/legal-opinions/opinion-2001-1Start Saving for Retirement
… take now to save for retirement can make a huge difference when that day finally arrives. Your Savings: An Important … employer, they may offer other retirement savings plans. Check with your human resources office or benefit … during retirement, helping ensure that you’ll be able to do the things you want to do. It can also provide peace of …
https://www.osc.ny.gov/retirement/members/saving-for-retirementDivorce – State Police Plan
… you and your ex-spouse when the marriage ends. This means that: Your ex-spouse may be entitled to a portion of … name your ex-spouse as beneficiary of any pre-retirement death benefit payable. You may be required to elect a pension … all submissions using the DRO template, we can complete our review faster if you use it. If you are divorced, it is …
https://www.osc.ny.gov/retirement/publications/1518/divorceBecoming Eligible for a Benefit – Regional State Park Police Plan
… Once you have accrued five years of credited service, you will be … benefit is based on your service and salary you earned when you were an active member. Vesting is automatic — you do not have to fill out any paperwork or file an application …
https://www.osc.ny.gov/retirement/publications/1867/becoming-eligible-benefitAvailable Options – Regional State Park Police Plan
… Single Life Allowance (Option 0) This is the basic retirement benefit. It provides the maximum benefit payment … your death. Pop-Up/Joint Allowance — Full or Half* These options will provide you with a reduced monthly benefit for …
https://www.osc.ny.gov/retirement/publications/1867/available-optionsOpinion 88-7
… for the purpose, the debt service need not be paid from the assessments. 4 Opns St Comp, 1948, p 315 superseded. You ask whether 4 Opns St Comp, … Law relative to the use of bond proceeds that are not required for the object or purpose for which the bonds were …
https://www.osc.ny.gov/legal-opinions/opinion-88-7Regional State Park Police Disability (Section 363-e) – Regional State Park Police Plan
… be entitled to this disability benefit if, at the time of filing, you are: Under age 60; and Physically or mentally … five years of total service credit as a regional state park police officer in the New York State Office of Parks, …
https://www.osc.ny.gov/retirement/publications/1867/regional-state-park-police-disability-section-363-eOpinion 94-31
… and its employees for the annual exchange of cash for one week of vacation credit accumulated during the year. You ask … employees, annually, to receive cash in exchange for one week of vacation credit accrued during that year. Collective … and its employees for the annual exchange of cash for one week of vacation credit accumulated during the year. December …
https://www.osc.ny.gov/legal-opinions/opinion-94-31State Agencies Bulletin No. 1839
… Purpose The purpose of this bulletin is to provide agency instructions for processing the 2020 Institution Teacher Summer Session Payments and to inform agencies of new …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1839-new-procedures-processing-2020-summer-session-payments-institutionLife Changes: What If I Work after Retirement?
Thinking of returning to work? Earnings of NYSLRS retirees are regulated by the New York State Retirement and Social Security Law (RSSL).
https://www.osc.ny.gov/files/retirement/publications/pdf/1648-working-after-retirement.pdfOpinion 88-60
… in the opinion. PARKS AND RECREATION -- Concessions (to operate golf course); (as distinguished from lease) PUBLIC … to operate a facility at a park which is termed a license or concession, but which, in substance, constitutes a … legislative authority. GENERAL MUNICIPAL LAW, §103: A true license or concession arrangement, which does not involve a …
https://www.osc.ny.gov/legal-opinions/opinion-88-60Planning for the Long Term: Capital Spending Reform in New York State
Over the past 10 years, NY has spent $63.2 billion to support its capital program. Despite this significant investment, there are many critical capital needs across the State that remain unmet.
https://www.osc.ny.gov/files/reports/pdf/capital-spending-report-nov-2010.pdfVII.3.B AP Adjustment Voucher – Treasury Requirements – VII. State Revenues and Appropriated Loan Receivables
… Agencies must forward all checks, money orders, etc. and a printout of either the SFS “Summary” page or “Invoice … Voucher Entry screens, with the total dollar amount added to the printout, to DTF Treasury who will deposit the funds … For electronic (ACH or wire) funds, agencies must submit a screenshot of either the SFS “Summary” page or “Invoice …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3b-ap-adjustment-voucher-treasury-requirementsPartial Lump Sum Payment – En-Con Police Officers Plan
… To be eligible to choose a partial lump sum payment (PLS), you must: Retire under a special 20- or 25-year plan; … When you file for retirement, if you are eligible for PLS, we will send you a special Option Election Form so you can choose a PLS payment along with the standard retirement option you …
https://www.osc.ny.gov/retirement/publications/1822/partial-lump-sum-payment20-Year Retirement Benefit – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
Sheriffs Undersheriffs Deputy Sheriffs Special Plan ERS Tier 36 Article 14B Sections 551 552 553 The 20Year Retirement Benefit Section 552
https://www.osc.ny.gov/retirement/publications/1841/20-year-retirement-benefit25-Year Retirement Benefit – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
Sheriffs Undersheriffs Deputy Sheriffs Special Plan for ERS Tier 36 Article 14B Sections 551 552 553 25Year Retirement Benefit Section 551
https://www.osc.ny.gov/retirement/publications/1841/25-year-retirement-benefitNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… the indictment of MICHAEL J. VATTER, the Chief of the Newburgh Fire Department, charging him with fraudulently … today in White Plains federal court: VATTER served in the Newburgh Fire Department in various capacities from 1980 … 2009, the Indictment charges, VATTER returned to the Newburgh Fire Department as its Chief. The Indictment further …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsState Contract and Payment Actions in April
… lead remediation at Lexington Avenue Armory in New York City. $2.6 million with Otis Elevator Company to rehabilitate … of Union Springs in Cayuga County. Major Payments Approved Tax Refunds $3.7 billion for 3.3 million personal income tax … 34,000 corporate and other refunds. $3.3 million for 5,800 property tax credits. Department of Civil Service $237.5 …
https://www.osc.ny.gov/press/releases/2019/05/state-contract-and-payment-actions-april