Search
XVI.3.B Fund Accounting – XVI. Financial Reporting
… Policy References: GASB Codification Section 1300 – Fund Accounting Process and Document Preparation: New York State has three broad fund categories that are further divided into fund types. A fund type is the grouping of all funds of … New York State has three broad fund categories that are further divided into fund types …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingOn-Time Performance
… SIR reports to MTA-New York City Transit’s Department of Subways (Subways). SIR operates its trains similar to a … the Ferry, which is operated by the NYC Department of Transportation. The minimum service frequency is every 15 … The 7-Day OTP With Boat percentage was below the goal (of 95 percent) during 11 of the 13 months we examined. During …
https://www.osc.ny.gov/state-agencies/audits/2015/09/15/time-performanceSubmitting Payments for NYSLRS Members – Enhanced Reporting
… each report, you must submit payment for the total amount of contributions, loans and service credit purchase payments … form with your name, bank, account number and the name of the person to be notified when the account will be … or email. Each month, you will receive a two-day notice of the upcoming debit from your account by email. NYSLRS can …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/submitting-payments-nyslrs-membersAvoiding a Rejected DRO – Divorce and Your Benefits
… Income Security Act (ERISA), the Retirement Equity Act of 1984 and certain provisions of the Internal Revenue Code (IRC) must be deleted from any … distribution may be made following the specific direction of the court only. Earliest Retirement Age — The earliest …
https://www.osc.ny.gov/retirement/members/divorce/avoiding-rejected-droSelected Aspects of Capital Program Project Management
… of $617,000. Contractor non-conformances: Contractors did not always comply with documented requirements, resulting … non-conformances, on four of the projects, the contractors did not perform the required root-cause analysis, which would …
https://www.osc.ny.gov/state-agencies/audits/2019/07/29/selected-aspects-capital-program-project-managementThe Survivor’s Benefit Program for New York State Management / Confidential Employees
… For eligible New York State Management/Confidential (M/C) employees, the Survivor’s Benefit Program ensures that your survivors will receive a … The Survivors Benefit Program provides a minimum death benefit to survivors …
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-nys-management-confidential-employeesUnexpected Delays and Events
… delays or events, including addressing the needs of its passengers and reassessing and revising its plans … a State public authority created under Article 5, Title 11 of the Public Authorities Law. One of six MTA constituent agencies, the Long Island Rail Road …
https://www.osc.ny.gov/state-agencies/audits/2019/02/27/unexpected-delays-and-eventsDiNapoli: NYC Fiscal Year 2024 Budget Balanced, but Out Year Gaps Continue to Grow
… its budget gaps for Fiscal Years (FY) 2025 through 2027 to an average of $12.6 billion annually, fueled by spending … influx of asylum seekers into the five boroughs, according to a report released today by State Comptroller Thomas P. … difficulties over the past few years and must continue to show fiscal discipline going forward,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-nyc-fiscal-year-2024-budget-balanced-out-year-gaps-continue-growPractices Used by the Transit Adjudication Bureau to Collect and Account for Fines and Fees (Follow-Up)
… adjudication support, payment processing, information services, telephone collections, and judgment enforcement. The current … enforce the collection of outstanding fees and fines. The number of calls to respondents had decreased materially from …
https://www.osc.ny.gov/state-agencies/audits/2019/03/07/practices-used-transit-adjudication-bureau-collect-and-account-fines-and-fees-followNew York State Comptroller DiNapoli Statement on the MTA's February Financial Plan
… New York State Comptroller Thomas P. DiNapoli issued the … . Reliable and safe mass transit remains essential to New York City’s economic recovery.” Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2023/02/new-york-state-comptroller-dinapoli-statement-mtas-february-financial-planDiNapoli Report Identifies Trends in Causes of Subway Delays
… on-time performance (OTP) last year and in the first half of 2025 remained better than in 2019, but the causes of delays have changed as riders have returned. The … is on time if it reaches its last stop within five minutes of its scheduled arrival without skipping any stops. With far …
https://www.osc.ny.gov/press/releases/2025/09/dinapoli-report-identifies-trends-causes-subway-delaysMTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget
… and Long Island, taxpayers will have to bear the brunt of these unanticipated costs. There must be lessons learned … public transportation project and the first expansion of the LIRR in more than 100 years. Initially expected to … connect the LIRR main line in Queens to the lower level of the existing 63rd Street Tunnel and then to a new LIRR …
https://www.osc.ny.gov/press/releases/2013/03/mtas-east-side-access-project-10-years-late-and-44-billion-over-budgetAbout NYSLRS
… New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in the world, administering … System (ERS), which provides benefits to employees of participating public employers in non-teaching positions outside of New York City, including uniformed services personnel, …
https://www.osc.ny.gov/retirement/about-nyslrsXV.11 Journal/Revenue Transfers – XV. End of Year
To facilitate OSC review of General Ledger Journal Entries and AP Journal Vouchers prior to the end of the fiscal year OSC strongly recommends that agencies submit these transactions to OSC by the date identified in the Office of Operations Events and Deadlines Calendar
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv11-journalrevenue-transfersMilitary Service Credit
… with all New Yorkers, owe you a debt of gratitude for your service to our country. As a past or present member of the … should know that you may be eligible to receive additional service credit toward your retirement benefit for your military service. This brochure can help you determine if you are …
https://www.osc.ny.gov/retirement/publications/military-service-creditSelected Aspects of the Paratransit Call Center Operations
… Paratransit Call Center was in compliance with the terms of its contract, and if not, whether the Paratransit Division … actions. Our audit covers the period from the beginning of the contract, April 2013, through November 2015. … in and around the New York City metropolitan area. One of the MTA’s six constituent agencies, New York City Transit …
https://www.osc.ny.gov/state-agencies/audits/2016/11/03/selected-aspects-paratransit-call-center-operationsEnrolling Members – Membership and Enrollment
… the same member, which delays processing. Enrolling Off-Hours Employees Under most circumstances, optional employees … hours (for example, if they work the evening, weekend, or holiday shift), use Retirement Online to enroll them on the … their job information: Choose ‘Weekend,’ ‘After Hours’ or ‘Holiday’ from the dropdown based on when they worked. Enter …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/enrolling-membersComptroller DiNapoli Releases State Audits
… Licensing (Follow-Up) (2015-F-13) An initial report issued in June 2013, determined that the majority of MTA bus drivers … an estimated 8,400 passengers on a total of 38 days. In addition, the MTA did not always maintain complete … that outdated medical forms were used to certify drivers. In a follow-up report, auditors found MTA officials have made …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-releases-state-auditsUpdate Your Contact Information
… It’s important NYSLRS has your current mailing address, phone number and email address. That way you’ll be sure to receive … Information . Click update next to mailing address, phone number, or email address. You can schedule an address …
https://www.osc.ny.gov/retirement/update-your-contact-informationDisability Benefits
… disabled and cannot perform their duties because of a physical or mental condition. A disability retirement … a pension that will provide monthly payments for the rest of your life. Here are the basic types of NYSLRS disability benefits (you may apply for more than …
https://www.osc.ny.gov/retirement/members/disability-benefits