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XV.11 Journal/Revenue Transfers – XV. End of Year

… recommends that agencies submit these transactions to OSC by the date identified in the Office of Operations Events and … recommends that agencies submit these transactions to OSC by the date identified in the Office of Operations Events and …

State Agencies Bulletin No. 1728

… State & Local Retirement System (NYSLRS) in preparation for their Redesign Project, the Bureau of State Payroll … begin using the New York State Retiree Indicator for all new rehired retirees. Agencies must also select the New York State Retiree Indicator for all currently active rehired retirees from a retirement …

DiNapoli Statement on the MTA's July Financial Plan

… fiscal canyon of more than $2 billion annually and plan for long-term service challenges. The MTA’s July financial … public informed on how it plans to provide quality service for years to come.” Track state and local government spending …

Public Safety Overtime

… with other earnings as you normally would in  Retirement Online . In the future, as local employers move to enhanced …

Bus Driver Licensing (Follow-Up)

… Purpose To determine the extent of implementation of the four … issued on June 13, 2013, determined that the majority of MTA bus drivers we sampled met the requirements of Article … medical forms were used to certify drivers. Key Finding MTA officials have made progress in correcting the problems …

Response Planning for Unexpected Events

… 15, 2020. About the Program The MTA is responsible for developing and implementing a unified mass transportation policy for New York City and Dutchess, Nassau, Orange, Putnam, … a sub-department of Operations, is responsible for safe train operations and movement, train dispatching, …

Avoiding a Rejected DRO – Divorce and Your Benefits

… NYSLRS, as a governmental plan, has discretion to reject a DRO. Orders that are vague, contain inconsistent … or contradictory provisions, or are contradictory to plan requirements or New York State law, will be rejected. … for rejection may include: Qualified Status  — References to a qualified status, the Employee Retirement Income …

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 …

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

… released the following statement today in response to the Metropolitan Transportation Authority’s improved … revenue that riders provide, are back on solid ground.” Find out how your government money is spent at  Open Book New York . Track municipal …

Utilization of the Arch Street Yard and Shop Facility

… Facility (Facility) was constructed before it was needed for East Side Access (ESA) completion; whether the MTA has any plans for the use of the Facility before the expected 2022 opening … designed to provide inspections, maintenance, and cleaning for trains that will operate into Grand Central Terminal. The …

VI.3 Budget Transfers – VI. Budgets

About the Common Retirement Fund – What Every Employer Should Know

… stakeholder, it is important for you to be familiar with the Common Retirement Fund (Fund), which holds and invests the money used to pay NYSLRS benefits. New York State … assets at fair value) represented 103.65 percent of total pension liability for the Employees’ Retirement System (ERS) …

Preparing and Applying for Retirement

A timeline guiding NYSLRS members through the retirement process and highlighting important topics and information to consider

State Comptroller DiNapoli Releases Audits

… Access Plan (Plan) to ensure meaningful access to services for Limited English Proficiency New Yorkers. The Department … 2023, found that some offices were not using Language Line for interpretation services, as required by the Plan. … policies at County DMVs despite these offices accounting for over 75% of the total customer-facing DMV offices. DMV …

About NYSLRS

… The New York State and Local Retirement System (NYSLRS) is one of the largest …

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

… caused them, missing an opportunity to help prevent it from happening again. Additionally, auditors discovered that … frame, ranging from seven to 132 days late. Transit is required to hold meetings about AWOs with and without the contractor as part of the AWO process. It is also required to document “lessons learned” for each AWO. The six …

What Not to Report – Legacy Reporting

… Law. The following payments should not be reported to us on the monthly report (nor should contributions be … Internal Revenue Code. All monthly reports submitted to NYSLRS should contain the salary as if it had not been …

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

To determine whether the Long Island Rail Roads Rolling Stock Programs Department has managed the M9 contract so that the contractor delivers the cars on time within the required scope and quality and within budget

Member E-News Archive — 2023

… Faster Check Retirement Online to See Possible Changes in Pension Deductions Vested: Qualifying for a Retirement … Word Out! Use Retirement Online for a Pension or Mortgage Verification Letter How School Employees Earn NYSLRS Service Credit …

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

… with its affiliated entities and any related payments for the period July 1, 2010 through January 11, 2013. … private entities which the Board caused to be established for the purpose of enabling the School to engage in what are … entity’s financial records. The School made payments for services to one of the entities without a written …