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Practices Used by the Transit Adjudication Bureau to Collect and Account for Fines and Fees (Follow-Up)

… by the Transit Adjudication Bureau to Collect and Account for Fines and Fees (Report 2015-S-33 ). Background The … (TAB) is an administrative tribunal that provides a forum for processing and adjudicating summonses for violations of New York City Transit (Transit) Rules of …

Public Safety Overtime

… received from employers who are seeking clarity about public safety overtime, Regulation 315.5 of the New York … been established to help employers determine what overtime is reportable and pensionable. As of July 1, 2019, public safety overtime that is paid by a public entity, and …

Avoiding a Rejected DRO – Divorce and Your Benefits

… NYSLRS, as a governmental plan, has discretion to reject a DRO. Orders that are vague, … Retirement Fund. Upon retirement, a member’s pension benefit is calculated according to their retirement plan and … is transferred to the pension reserve fund. The pension benefit and any distributions taken in favor of the ex-spouse …

MTA's East Side Access Project 10 Years Late and $4.4 Billion Over Budget

… Side Access project, which will bring Long Island Rail Road (LIRR) service to Grand Central Terminal for the first … East Side Access project which will bring Long Island Rail Road LIRR service to Grand Central Terminal for the first …

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

… 1300 –  Fund Accounting Process and Document Preparation: New York State has three broad fund categories that are … postemployment benefit (OPEB) plans. The State reports the New York State and Local Retirement System (NYSLRS), which … New York State has three broad fund categories that are …

Comptroller DiNapoli Releases State Audits

… Reporting on Foreclosure of Real Property Funds - Kings County (Follow-Up) (2015-F-18) An initial report issued …

Submitting Payments for NYSLRS Members – Enhanced Reporting

… With each report, you must submit payment for the total amount of contributions, loans and service … more than what you’ve authorized. If you report and pay for more contributions than are owed, the contributions will … year of the overpayment occurring. You will be credited for the amount of the overpayment and responsible for …

DiNapoli: 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 … its budget gaps for Fiscal Years 2025 through 2027 to an average of $126 billion annually fueled by spending …

VI.3 Budget Transfers – VI. Budgets

Selected Aspects of Bus Fleet Maintenance Report (Follow-Up)

… Purpose Determine the extent of implementation of the seven recommendations included in our initial audit report, Selected Aspects of Bus Fleet Maintenance (Report 2009-S-51). Background Our … Determine the extent of implementation of the seven recommendations included in …

Selected Aspects of the Paratransit Call Center Operations

To determine whether the contractor operating the MTANew York City Transits Paratransit Call Center was in compliance with the terms of its contract and if n

DiNapoli Statement on the MTA's July Financial Plan

… ridership is now forecasted to be 61% this year and 79% in 2026, a far cry from the 77% and 87% that was expected in the …

Bus Driver Licensing (Follow-Up)

… of Article 19-A of the New York State Vehicle and Traffic Law. However, we found seven of the 142 drivers …

Response Planning for Unexpected Events

… or procedures to address unexpected or unplanned events and whether those plans were followed, and whether the plans or procedures addressed the needs of … customers. We also examined whether Metro-North reassesses and revises its plans or procedures in response to actual …

About NYSLRS

… (Fund), which was valued at $273.1 billion as of March 31, 2025. The Fund supports the benefits of current and future … best-managed and best-funded plans in the nation. See our 2025 Annual Comprehensive Financial Report for additional … the Fund’s performance and position, and read our Fact Sheet for the latest NYSLRS stats.   Rev. 9/25 …

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

… New York State Comptroller Thomas P. DiNapoli released the following statement today in response to the Metropolitan Transportation Authority’s improved revenue … $6.5 billion — if not more — in federal relief, which the New York delegation is working towards, this could result …

Member E-News Archive — 2023

… Faster Check Retirement Online to See Possible Changes in Pension Deductions Vested: Qualifying for a Retirement … DiNapoli Visit the New York State Fair COLA Information is Available for Eligible Retirees Divorce Affects Other … to Grow Keep Your Beneficiaries Current   January 2023 What is a Defined Benefit Plan? Sex Identification and Your …

Utilization of the Arch Street Yard and Shop Facility

… Island City, adjacent to the No. 7 line Hunters Point Ave. Station. The Facility was designed to provide inspections, … as an acceptance and inspection facility for its new M-7 electric rail cars, which Bombardier began delivering in …

Enrolling Members – Membership and Enrollment

… Online Enrolling a member through Retirement Online allows you to immediately view important information, such as your … Dashboard” button to begin the enrollment process. Once you complete the enrollment process, an Enrollment … When you use Retirement Online to enroll members you receive …

NYSLRS Announces Employer Contribution Rates for SFY 2026-27

… P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System (NYSLRS) for State Fiscal Year (SFY) 2026-27. Employers’ average … rates will increase from 16.5% to 17.6% of payroll for the Employees’ Retirement System (ERS) and from 33.7% to …