Search

New York State Comptroller Thomas P. DiNapoli Statement on MTA's Budget

… footing than expected. These positive developments mean that MTA can avoid recovery-damaging service cuts or … ground.” Find out how your government money is spent at  Open Book New York . Track municipal spending, the state's …

Response Planning for Unexpected Events

… and whether the plans or procedures addressed the needs of its customers. We also examined whether Metro-North … records an entry in a log of all the events of the day in chronological order. Each entry remains open until the … followed and whether the plans or procedures addressed the needs of its customers …

Loans: Applying and Repaying

… NYSLRS. You can see how much you are eligible to borrow, what the repayment amount would be and if your loan will be … to repay the loan in full within five years from the date it was issued. Frequency of loan applications You can only … for the repayment of your loan. If your employer does not take payments, or does not send them to us on time, …

Life Changes: Membership in a Nutshell

… 1 Before July 31, 1973 Tier 2 July 31, 1973 through June 30, 2009 Tier 3 July 1, 2009 through January 8, 2010* Tier 5 …

Utilization of the Arch Street Yard and Shop Facility

… and inspection facility for its new M-7 electric rail cars, which Bombardier began delivering in 2002. According to … as intended for the acceptance and inspection of the M-7 cars. Moreover, except for occasional use of the wheel truing … to perform modifications on Metro-North Railroad rail cars. The LIRR incurred costs of $2.43 million to maintain …

State Agencies Bulletin No. 1728

… a new hire, rehire, or concurrent hire and are retired from a NYS public retirement system Background At the request … New York State & Local Retirement System, New York State Police and Fire Retirement System, New York State Teachers … Indicator check box for employees hired prior to the release of this bulletin who retired from a NYS public …

Charter School for Applied Technologies – Payment to Affiliated Entities (2013M-300)

… approved transfers of School funds totaling $425,000 to capitalize two wholly-owned private entities which the Board … for the purpose of enabling the School to engage in what are essentially commercial ventures. We question … the entities without a written contractual obligation to do so. Key Recommendations Confer with SED as to the …

Public Safety Overtime

… (NYCRR) has been established to help employers determine what overtime is reportable and pensionable. As of July 1, … with the special duty assignment. Public safety overtime does count against the overtime cap for Tier 5 and Tier 6 members. For more information about …

XVI.3.B Fund Accounting – XVI. Financial Reporting

… Policy References: GASB Codification Section 1300 –  Fund Accounting Process and Document Preparation: New York … characteristics of the different fund types is necessary for a complete understanding of governmental accounting. A … other governmental units, and/or other funds. Trust Fund spending is controlled primarily through legal …

DiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26

… combinations. In the SFY that ended March 31, 2024, NYSLRS paid out nearly $16.2 billion in benefits. “Despite global tensions and market volatility, our state’s pension fund remains one of the strongest and best funded in the nation,” DiNapoli said. “These rates – in …

VI.3 Budget Transfers – VI. Budgets

Submitting Payments for NYSLRS Members – Enhanced Reporting

… system. Rather than sending a check, using ACH is: Fast.  It eliminates unnecessary handling by mailrooms, post … offices, staff, etc. Easy.  Your payment comes directly to us. Secure.  It’s the same system used by banks. … form as soon as possible. NYSLRS will withdraw exactly what is owed from your account. If you underreport any …

DiNapoli: NYC Fiscal Year 2024 Budget Balanced, but Out Year Gaps Continue to Grow

… faces spending risks that could increase its budget gaps for Fiscal Years (FY) 2025 through 2027 to an average of $12.6 billion annually, … still expects total tax collections to decline by 2.3% from the prior year to $71.7 billion in FY 2024. DiNapoli’s …

Avoiding a Rejected DRO – Divorce and Your Benefits

… Status  — References to a qualified status, the Employee Retirement Income Security Act (ERISA), the Retirement Equity Act of 1984 and certain provisions of the Internal Revenue Code … for pension distributions at the earliest eligibility age do not apply to governmental plans such as NYSLRS. Lump Sum …

State Comptroller DiNapoli Releases Audits

… Proficiency New Yorkers. The Department of Motor Vehicles (DMV), one of the agencies required to develop and follow a … Auditors also determined that, due to gaps in the law, DMV did not have sufficient authority to enforce its language … not ensure that applicants complied with registration and permit application requirements. DOT officials made some …

DiNapoli Audit: MTA Transit Capital Projects Plagued by Cost Overruns and Delays

… Transit (Transit) capital projects found errors throughout the project pipeline that contributed to delays and higher … led to delays and cost overruns,” DiNapoli said. “These are red flags that fall within the MTA’s power to fix. As the … overhaul its operations, we hope it takes a close look at what we found in this report and our recommendations.” The …

Rolling Stock Programs Department – Selected Aspects of the M9 Rail Car Project Management

… the M9 contract so that the contractor delivers the cars on time, within the required scope and quality, and … 18, 2013, LIRR awarded a contract to procure new M9 train cars. The procurement is managed by LIRR’s Rolling Stock … The contract includes a firm initial base order of 92 cars with options for an additional 584 M9 cars for LIRR …

State Police Bulletin No. SP-198

… Retired, or Deceased will be automatically cancelled by OSC with the exception of percentage based dues and the …

Disability Benefits

… NYSLRS provides a disability retirement benefit for members … for the rest of your life. Here are the basic types of NYSLRS disability benefits (you may apply for more than one type). … Important facts members need to know about disability retirement benefits from the New …

Access-A-Ride Accident Claims

… Ensure all carriers are in compliance with contract accident reporting requirements. Ensure that carriers' drug …