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Partial Lump Sum Payment – Regional State Park Police Plan
… choose to receive a reduced lifetime retirement benefit in exchange for a one-time lump sum payment. The lump sum … for PLS, we will send you a special Option Election Form so you can choose a PLS payment along with the standard … benefit. Additionally, severe tax consequences may apply in some situations. Page updated 12/13 …
https://www.osc.ny.gov/retirement/publications/1867/partial-lump-sum-paymentPartial Lump Sum Payment – State University Police Plan
… receive a reduced lifetime retirement benefit in exchange for a one-time lump sum payment. The lump sum payment is made … been eligible to retire with a service retirement benefit for at least one year prior to your date of retirement; and … retirement).* Choosing a Lump Sum Payment When you file for retirement, if you are eligible for PLS, we will send you …
https://www.osc.ny.gov/retirement/publications/1823/partial-lump-sum-paymentXII.5.C Selecting the Appropriate Vendor and Address Sequence – XII. Expenditures
… Sequence associated with the remit-to address on the invoice for the vendor to receive payment. If vendors are … address: Select the appropriate Address Sequence on the Invoice tab of the voucher for the address from where the vendor mailed the invoice. Select the address that corresponds to where the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5c-selecting-appropriate-vendor-and-address-sequenceLeading the Way on Climate Investment
… change poses significant risks to the Common Retirement Funds investments the economy and a society as a whole but …
https://www.osc.ny.gov/common-retirement-fund/leading-way-climate-investmentCost-Saving Ideas: Monitoring Health Insurance Premiums for Retirees
… that have been reported to SSA. It’s available through the National Technical Information Service and may have an … useful sources include reading the local obituaries each day, family notification, uncashed Medicare reimbursement … since their death. Resources US Department of Commerce: National Technical Information Service 1 In some cases, …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-monitoring-health-insurance-premiums-retireesOther Bulletin No. 39
To provide the State University Construction Fund instructions for new overtime earnings codes to be used for Time Entry overtime payments
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-39-new-overtime-earnings-codes-overtime-eligible-employeesState Comptroller DiNapoli Releases Municipal & School Audits
… Point Central School District – Financial Management (Rockland County) The board and district officials … and abuse of company resources. Otsego County – Court and Trust Funds Pursuant to state abandoned property law, money … appropriate records and properly reported court and trust funds. However, auditors identified $74,150 from 15 …
https://www.osc.ny.gov/press/releases/2025/12/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli: Lagging Ridership Leaves MTA With Hard Choices, Must Adjust to Changing Demand
… Thomas P. DiNapoli. “The MTA’s large budget gaps are coming into greater focus as ridership remains well below … state or federal aid, the MTA is facing stark options for closing its budget gaps that will impact riders. The MTA … what options it’s considering to close budget gaps and how it can adjust to continued low ridership levels and shift …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-lagging-ridership-leaves-mta-hard-choices-must-adjust-changing-demandDiNapoli Releases Municipal Audits
… and capital plans, among other issues. City of Amsterdam – Budget Review (Montgomery County) The significant revenue and expenditure projections in the 2025-26 proposed budget are reasonable. However, auditors …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-releases-municipal-auditsState Agencies Bulletin No. 1977
… pension plan including a VDC plan. ( See Payroll Bulletin No. 1256 ) Effective April 2013, employee contribution rate … State Agencies Bulletin No 1977 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1977-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdcDiNapoli: Technology Changing How Local Governments Serve Residents
… Local governments across New York state are turning to new technologies to save money, communicate with residents and allow taxpayers to make payments, according to a report released today by … Local governments across New York state are turning to new technologies to save money communicate with residents …
https://www.osc.ny.gov/press/releases/2019/09/dinapoli-technology-changing-how-local-governments-serve-residentsDiNapoli: State Should Recoup $11.7 Million from Special Education Contractors
… law enforcement. Hebrew Academy for Special Children Inc.: Compliance with the Reimbursable Cost Manual (2018-S-68) … identified $2,873,898 in reported costs that did not comply with the requirements for reimbursement, including … identified $3,759,935 in reported costs that did not comply with the requirements for reimbursement including: …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-state-should-recoup-117-million-special-education-contractorsDiNapoli: MTA Faces Worst Financial Crisis in History
… The Metropolitan Transportation Authority (MTA) is facing the greatest crisis in its long history, with … Comptroller Thomas P. DiNapoli’s annual report on the MTA’s finances . “The MTA’s financial condition is dire,” DiNapoli said. “With …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-mta-faces-worst-financial-crisis-historyState Agencies Bulletin No. 1989
State Agencies Bulletin No 1989
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1989-pilot-program-establishing-temporary-overtime-rate-employees-certainOverview – Special 20- and 25-Year Plans
… System (PFRS): Section 383-e of the RSSL provides a new 20-year plan, which is optional for Tier 5 members and Tier 6 … July 1, 2025 will automatically be enrolled in the new 20-year plan. Rev. 12/25 …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/overviewMore About This Retirement Plan – Police and Fire Plan
… These benefits are provided by Sections 375-b and 375-c of the New York State Retirement and Social Security Law … York State Legislature. PFRS members employed by the City of Yonkers who joined July 1, 2009 through January 8, 2010 … and Local Retirement System, headed by the Comptroller of the State of New York, administers this plan. Our main …
https://www.osc.ny.gov/retirement/publications/1512/more-about-retirement-planDiNapoli Statement on Executive Budget Proposal
… and the Legislature have done much to put New York state on better fiscal footing, reduce the structural budget imbalance and hold the line on spending. With today’s budget proposal, Governor Cuomo has … communities. Funding for these initiatives is contingent on the strength of the economy and federal assistance. …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-statement-executive-budget-proposalSCAM ALERT
… to Retirement Online , aimed to trick users and capture login credentials. First and foremost, we assure you your …
https://www.osc.ny.gov/retirement/scam-alertMember Outreach and Presentations
… within 5 years of retirement to learn about: Their NYSLRS pension and how their pension benefit will be calculated; Preparing to retire and … Relations administers pre-retirement planning webinars . Contact your agency liaison to learn how your employees can …
https://www.osc.ny.gov/retirement/employers/member-outreach-and-presentationsIX.12.I Updated and Expanded CMIA Regulations – IX. Federal Grants
… $50,000. That is, refund transactions of less than $50,000 for a single federal program will no longer be subject to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12i-updated-and-expanded-cmia-regulations