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Calculating the Maximum Amount Eligible for Amortization or the Graded Payment – Contribution Stabilization Program
… First, the Retirement System’s Actuary determines the System average and graded rates . Graded rates are … Term Life Insurance (GTLI) owed that fiscal year. Then, the Actuary: Determines the employer’s normal contribution … How the NYSLRS actuary calculates an employers maximum …
https://www.osc.ny.gov/retirement/employers/csp/calculating-maximum-amount-eligible-amortization-or-graded-paymentStay Informed – Police and Fire Plan
… you understand your benefits and stay informed. Register for Retirement Online , a convenient and secure way to … information, view and update beneficiaries, and apply for a loan. Review your Member Annual Statement carefully and … booklets and brochures , and get tips on preparing for retirement . Attend a pre-retirement presentation to …
https://www.osc.ny.gov/retirement/publications/1512/stay-informedComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Florida Resident For Stealing $275k in NYS Pension Benefits
… General’s investigation was conducted by Investigators Barbara Butler and Mitchell Paurowski and Deputy Chief …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-florida-resident-stealing-275k-nysMore About This Retirement Plan – State Correction Officers and Security Hospital Treatment Assistants Plan
… Officers and Security Hospital Treatment Asst Plan info for ERS Tiers 3 5 and 6 members under Article 14CO About This Retirement Plan …
https://www.osc.ny.gov/retirement/publications/1526/more-about-retirement-planControls Over CUNY Fully Integrated Resources and Services Tool
… Purpose To determine whether the City University of New York (CUNY) adequately controls access to the CUNY Fully Integrated Resources and Services Tool system … whether CUNY adequately measured if users’ needs were met. The audit covers the period January 1, 2013 through October …
https://www.osc.ny.gov/state-agencies/audits/2016/09/02/controls-over-cuny-fully-integrated-resources-and-services-toolFranklin Square Water District – Life Insurance Policies (2013M-127)
… three-member Board of Commissioners (Board), comprising a Chairman, a Secretary, and a Treasurer. The District’s … and employees. The Board has adopted a personnel policy that includes a provision that any Commissioner or … it has been the District’s practice to purchase and pay the premiums for whole life insurance policies with a …
https://www.osc.ny.gov/local-government/audits/district/2013/07/19/franklin-square-water-district-life-insurance-policies-2013m-127SUNY Bulletin No. SU-261
… Purpose To notify SUNY agencies of a new deduction code for after tax (ROTH) contributions to the 403(b) plan Affected … SUNY Board of Trustees approved the establishment of an after tax ROTH account within the Special Annuity Program. … 403(b) ROTH participants on the General Deductions Panel after verifying the employee’s enrollment is complete. Main …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-261-new-403b-after-tax-deferred-annuity-plan-roth-sunyDiNapoli: Molson Coors Agrees to Disclose Political Spending
… on political spending disclosure with FirstEnergy Corp. of Ohio. Since the 2010 U.S. Supreme Court's Citizens United …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-molson-coors-agrees-disclose-political-spendingState Police Bulletin No. SP-190
… in the calculation of overtime compensation (refer to the Online Payroll Manual accessed from the PayServ Bulletin Board – Payroll Manual > Earnings Manual > Time Entry Payments > Overtime Compensation). If an employee is … Police bi-weekly 15 Year Seniority Paymentis included as salary for retirement purposes. Questions Questions regarding …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-190-new-state-police-15-year-seniority-paymentCUNY Bulletin No. CU-595
… Start Lead Instructor Differential through the Additional Pay page. Affected Employees CUNY employees in the CUNY Start … codes (including Non-Resident Alien codes) to be used to pay eligible employees CUNY Start Lead Instructor … RZL (Retro-CUNY Lead Differ Pen-IC19) Agency Actions To pay the CUNY Start Lead Instructor Differential to eligible …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-595-cuny-start-lead-instructor-differentialResponse to DFS Examination Report on IT
The New York State and Local Retirement System (NYSLRS) provides this response to the Department of Financial Services (DFS) Report on the Information Technolog
https://www.osc.ny.gov/files/retirement/resources/pdf/response-to-dfs-it-examination.pdfTier 2, 3, 5 and 6 Death Benefits – Non-Contributory Plan with Guaranteed Benefits
… benefits. If you chose death benefit one and you die while in active service, your beneficiary will be paid the greater … be covered by death benefit two, the greater benefit in almost all cases. Death benefit two is equal to your … by Section 130 of the Civil Service Law. If you are in service at age 61, your death benefit will be reduced by 3 …
https://www.osc.ny.gov/retirement/publications/1513/tier-2-3-5-and-6-death-benefitsDiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
… The New York State Common Retirement Fund has committed $50 million to a private equity … 292 exited transactions. About the New York State Common Retirement Fund The New York State Common Retirement Fund is one of the largest public pension funds in … The New York State Common Retirement Fund has committed $50 million to a private equity …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundNY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule
… New York State Comptroller Thomas P. DiNapoli released the … these disclosures, we can make better-informed decisions about proxy voting and engagements with portfolio companies. … It has consistently been ranked as one of the best managed and best funded plans in the nation. …
https://www.osc.ny.gov/press/releases/2024/03/ny-state-comptroller-thomas-p-dinapoli-statement-secs-adoption-climate-change-disclosure-ruleDiNapoli: State Pension Fund Reaches Agreements with Companies to Evaluate and Set Greenhouse Gas Emissions Reduction Targets
… reached GHG agreements with HVAC company Carrier Global Corp., pizza maker Papa John’s International Inc., aluminum … American Electric Power, Eversource Energy, Carnival Corp., Domino's Pizza Inc. and steel-maker Cleveland-Cliffs, …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-state-pension-fund-reaches-agreements-companies-evaluate-and-set-greenhouse-gas-emissionsDiNapoli: Five Fortune 500 Companies Reach Agreements on Corporate Political Spending
… Raytheon, Waste Management, Union Pacific and Centerpoint Energy – have agreed to the New York State Common Retirement … Express Scripts Holding Co.; Johnson & Johnson; NextEra Energy Inc.; Nisource Inc.; The Travelers Companies Inc.; … vote in support of the Fund’s proposal: 2016 Centerpoint Energy Coca Cola Enterprises Raytheon Union Pacific Waste …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-five-fortune-500-companies-reach-agreements-corporate-political-spendingDiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program
… to the Tribeca Venture Partners Growth Fund to invest in local companies, New York State Comptroller Thomas P. … The transaction raises the total commitments of DiNapoli's In-State Private Equity Program (the In-State Program) to $1.6 billion. "We're investing in …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-programComptroller DiNapoli Statement on Reports Trump Administration Will Withdraw From Paris Agreement
… it is inevitable; and it is the direction the rest of the world is headed. If news reports are accurate, the … addressing climate change and saving our planet shared by world leaders. As trustee of New York state's $192 billion … to mitigate climate risk. "We should be leading this effort, not running from the promise we made in Paris." …
https://www.osc.ny.gov/press/releases/2017/05/comptroller-dinapoli-statement-reports-trump-administration-will-withdraw-paris-agreementNY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… adopting strong labor principles in private equity at the White House Workers’ Capital Event later today. “The Fund is …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityState Police Accidental Disability (Section 363-bb) – State Police Plan
… your duties as the natural and proximate result of an accident sustained in service that was not caused by your own … service, voluntarily or involuntarily, subsequent to the accident, your application must be filed within two years … We determine whether an incident is an “accident” on a case-by-case basis, using court decisions for guidance. …
https://www.osc.ny.gov/retirement/publications/1518/state-police-accidental-disability-section-363-bb