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XVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations

… Law 101-510 amended 31 USC §§1551-1557) which requires all Federal agencies to close fixed year appropriation accounts … of the 5th year after the period of availability began. Federal grants, except those specifically exempted from the …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminder

DiNapoli: MTA Budget Gaps Return

… period of financial stability secured by an infusion of state funds last year, the Metropolitan Transportation … to $652 million in 2028, according to a new report from State Comptroller Thomas P. DiNapoli. Those gaps could grow … programs. The MTA is relying on securing funding in the state budget in the upcoming legislative session. The outcome …

https://www.osc.ny.gov/press/releases/2024/10/dinapoli-mta-budget-gaps-return

Selected State Agencies’ Roles in Financial Literacy (2020-S-53) 180-Day Response OTDA

To determine selected State agencies’ roles in providing financial literacy offerings, including how they identify and reach out to the most critical and vulnerable consumer groups and how they measure gains in individuals’ knowledge after participating in financial literacy offerings. We also ...

https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20s53-responseOTDA.pdf

Selected State Agencies’ Roles in Financial Literacy (2020-S-53) 180-Day Response

https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20s53-response.DOS_.pdf

Household Debt in New York State

At the end of 2021, national household debt totaled $15.6 trillion, with New York households comprising $869.4 billion or 5.6 percent of the national total, ranking New York fourth in the nation (consistent with the State population rank) after California, Texas and Florida.

https://www.osc.ny.gov/files/reports/pdf/household-debt-in-new-york-state.pdf

Opinion 93-30

… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion …

https://www.osc.ny.gov/legal-opinions/opinion-93-30

Tier 2, 3, 5 and 6 Death Benefits – Career Plan

… 60): $18,000 … Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by Article 11 Sections 375h and 375i Tier 2 3 5 and 6 Death …

https://www.osc.ny.gov/retirement/publications/1642/tier-2-3-5-and-6-death-benefits

Tier 2, 3, 5 and 6 Death Benefits – New Career Plan

… be paid the greater of the two death benefits; if you die after retirement, and meet the eligibility criteria, your … a salary of $60,000 $60,000 × 3 = $180,000 (reduction for working after age 60) − 10,800 (ordinary death benefit at …

https://www.osc.ny.gov/retirement/publications/1515/tier-2-3-5-and-6-death-benefits

Tier 2, 3, 5 and 6 Death Benefits – Non-Contributory Plan with Guaranteed Benefits

NonContributory Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 under Section 375e Tier 2 3 5 and 6 Death Benefits

https://www.osc.ny.gov/retirement/publications/1513/tier-2-3-5-and-6-death-benefits

Tier 2, 3, 5 and 6 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)

… the greater of the two death benefits; if you die after retirement, and meet the eligibility criteria, your beneficiary will receive the post-retirement death benefit. Members who join on or after … benefit payable. Death benefit two provides a post-retirement death benefit if you: Retire directly from …

https://www.osc.ny.gov/retirement/publications/1511/tier-2-3-5-and-6-death-benefits

Tier 2, 3, 5 and 6 Death Benefits – Police and Fire Plan

… before January 1, 2001 were given a choice between two death benefits. If you chose death benefit one and you die while in active service, your beneficiary will be paid the greater of the two death … eligibility criteria, your beneficiary will receive the post-retirement death benefit. Members who join on or after …

https://www.osc.ny.gov/retirement/publications/1512/tier-2-3-5-and-6-death-benefits

Membership Milestones for Employees’ Retirement System (ERS) Members

… as age 55. (You will forfeit the monthly benefit if you withdraw your contributions .) With 5 years of service … and die prior to your retirement. No longer able to withdraw your membership and receive a refund of your contributions. With …

https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-members

Receiving Your Benefit and Filing Your Option Election – Article 14 Benefits

… Election form (unless notified otherwise, as in the case of disability retirement) before the first day of the …

https://www.osc.ny.gov/retirement/publications/1644/receiving-your-benefit-and-filing-your-option-election

Membership Milestones for Police & Fire Retirement System (PFRS) Members

… of service. If you are age 63 , vested and off public payroll, you can apply to receive a vested retirement … of service. If you are age 63 , vested and off public payroll, you can apply to receive a vested retirement …

https://www.osc.ny.gov/retirement/members/membership-milestones-police-fire-retirement-system-pfrs-members

Comparison of PFRS Benefits

Tier 6 Benefit Information A comparison of key PFRS benefits including vesting contributions retirement age final average salary and benefit calculations

https://www.osc.ny.gov/retirement/employers/comparison-pfrs-benefits