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Contribution Stabilization Program – Contribution Stabilization Program

About Offering a Retirement Plan – What Every Employer Should Know

… Why offer a Retirement System plan to your employees? Being part of NYSLRS enables municipal employers, regardless of their size, to offer employees an attractive benefits package, including a defined benefit …

Publications

… 3, 5 and 6 members covered by Article 14-CO (VO1526)   Sheriffs, Undersheriffs and Deputy Sheriffs Plan Benefits … Special Retirement Plans for Miscellaneous Titles   Albany County Sheriffs, Undersheriffs, Deputy Sheriffs, Correction … 25-Year Plan under Sections 89-i and 603(f) (VO1812)   Suffolk County Correction Officers Special 25-Year Plan under …

Discontinuing Required Contributions – Enhanced Reporting

… Tier 3 and 4 members stopped when they reached ten years of membership or ten years of service credit, whichever occurred first. (Note: Tier 3 …

DiNapoli: City of Corning's Economic Development and Smart Growth Initiatives Build on Stable Fiscal Picture

… Mayor William Boland . “The unvarnished perspective it delivers will be an invaluable reference tool as we … local galleries, museums and schools that work together, it’s very rewarding to see from the report that our … cities, Corning's population has declined since 1950, down 40.3%, compared to a decrease of 34.4% for upstate …

DiNapoli: Wall St. Profits Soared in First Half of 2020

… Amidst the economic tumult brought on by the COVID-19 pandemic, the securities industry saw its … to State Comptroller Thomas P. DiNapoli’s annual report on Wall St.’s performance . “An injection of federal stimulus … gained since 2013. The average salary, including bonuses, for industry employees in New York City was $406,854 in 2019, …

DiNapoli: Sales Tax Collections Growth Slowed in First Half of 2015

… York State slowed to 1.6 percent in the first six months of 2015 from 3 percent growth in 2014 and was considerably … economic regions of the state, with the sharpest decline being in the North Country, which saw a 2.5 percent drop. … counties also had declines of more than 5 percent. In some cases, these declines were due to technical adjustments, …

DiNapoli: Nine Million New Yorkers Employed, Highest Count Since 2008

… compared to a 19 percent increase nationwide; Statewide, women constitute nearly 48 percent of the labor force, …

Are You Vested? And What It Means

… your tier and retirement plan,  sign into your Retirement Online account and go to the 'My Account Summary' section. … we have on file for you , sign in to your Retirement Online account , and under ‘My Account Summary,’ click …

DiNapoli: State Pension Fund Releases Annual Investment Return

… “Recent months have been trying for investors, but thanks to the state pension fund’s diverse investments, members, … increases, but the state pension fund is well positioned to weather these storms.” The Fund's value reflects … inflation, age of retirement and mortality. Integral to the Fund’s strength have been the state and local …

DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24

… It has consistently been ranked as one of the best managed and best funded plans in the nation. Links Fund’s historic value …

Credit for Previous or Military Service – Career Plan

… able to obtain credit for your previous public employment or military service. It is very important that you claim all … records documenting your previous service may be lost or destroyed with the passage of time. Prior Service Prior … Service You may be able to receive credit for some or all of your military service. To determine your …

Credit for Previous or Military Service – Police and Fire Plan

… You may be able to obtain credit for your previous public employment or … that you claim all the service credit you are entitled to receive as early as possible, because records documenting … from a participating employer before that employer elected to participate in the Retirement System. Service Before Your …

Credit for Previous or Military Service – Non-Contributory Plan with Guaranteed Benefits

… able to obtain credit for your previous public employment or military service. It is very important that you claim all … records documenting your previous service may be lost or destroyed with the passage of time. Prior Service Prior … Service You may be able to receive credit for some or all of your military service. To determine your …

Credit for Previous or Military Service – Basic Plan with Increased-Take-Home-Pay (ITHP)

… for your previous public employment or military service. It is very important that you claim all the service you are …

DiNapoli: MTA Financial Outlook Improved

… budget has improved considerably over the past year thanks to the economic recovery as well as low energy costs and interest rates, according to a  report  released today by State Comptroller Thomas P. DiNapoli. “The MTA has used an unexpected windfall to invest in its capital program and increase services and …

Eligibility, the Benefit and Filing – New Career Plan

… at age 62, or may choose early retirement with a reduced benefit between ages 55 and 62. Tier 5 and 6 Members: You … at age 62, or may choose early retirement with a reduced benefit between ages 55 and 62. 1 Regardless of tier, if you … even if you have not elected the special plan. The Benefit If you retire with 20 or more years of service …

Final Average Earnings

… Payments made as a result of working your vacation; Any form of termination pay; Payments made in anticipation of …

Credit for Previous or Military Service – En-Con Police Officers Plan

… able to obtain credit for your previous public employment or military service. It is very important that you claim all … records documenting your previous service may be lost or destroyed with the passage of time. Please note that … Service You may be able to receive credit for some or all of your military service. To determine your …

Eligibility, the Benefit and Filing – Career Plan

Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by Article 11 Sections 375h and 375i Eligibility the Benefit and Filin