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Vested Retirement Benefit – Non-Contributory Plan with Guaranteed Benefits
… provisions of the retirement plan that you were covered by in your last public employment determine the vested benefit. …
https://www.osc.ny.gov/retirement/publications/1513/vested-retirement-benefitVested Retirement Benefit – Career Plan
… employment before retirement age and you have five years of credited service. When you reach retirement age, you will … tier. Tier 1 Full vested benefit as early as the first of the month following your 55th birthday. Tier 2, 3 and 5 … retirement with a reduced benefit as early as the first of the month following your 55th birthday. Tier 6 Full vested …
https://www.osc.ny.gov/retirement/publications/1642/vested-retirement-benefitMember Contributions
… to contribute. What You Need to Do Beginning April 1 In March, we notify you when member contribution rates for the … John Smith, who joined NYSLRS with a date of membership of June 1, 2022 (John is in Tier 6). At enrollment, you provided … John Smith does not have reported earnings for SFY 2021–22. John’s contribution rate is still based on the …
https://www.osc.ny.gov/retirement/employers/member-contributionsNYS Common Retirement Fund Contacts
… Titarchuk Chief Investment Officer atitarchuk@osc.ny.gov Anastasia Titarchuk is the Chief Investment Officer for the New York State Common Retirement Fund. Under the direction of State Comptroller …
https://www.osc.ny.gov/common-retirement-fund/resources/nys-common-retirement-fund-contactsWithdrawing Your Contributions and/or Your Membership – Article 14 Benefits
… ten, years of credited service, you may choose to: End your membership and withdraw your accumulated contributions (with interest … PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/withdrawing-your-contributions-andor-your-membershipDisability Retirement Applications – When Employees Retire
Overview of the disability application review and determination process including how employers file on behalf of employees
https://www.osc.ny.gov/retirement/employers/when-employees-retire/disability-retirement-applicationsComptroller DiNapoli and Mayor Brown Urge Buffalo Residents to Claim $88 Million in Lost Money
… Byron Brown today urged local residents to search for unclaimed funds during a news conference at City Hall. DiNapoli said …
https://www.osc.ny.gov/press/releases/2017/03/comptroller-dinapoli-and-mayor-brown-urge-buffalo-residents-claim-88-million-lost-moneyChallenging a Determination – Special 20- and 25-Year Plans
… with the Hearing Administration Bureau within four months of the initial determination. Anyone who has had a retirement … will send you an acknowledgment letter with an explanation of the hearing process. If you have questions about the …
https://www.osc.ny.gov/retirement/publications/1517/challenging-determinationAvailable Options – Article 14 Benefits
… benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under this … one year, or sooner, after retiring), nothing will be paid to any beneficiary. Joint Allowance — Full* This option will … (without COLA), depending on which option you elect, to your beneficiary for life. If your beneficiary dies first, …
https://www.osc.ny.gov/retirement/publications/1644/available-optionsDiNapoli: As Subway On-Time Performance Falls Behind, Better Plans Needed To Get Trains Back On Track
… Train delays have increased as the subway system’s on-time performance has steadily … performance goal of at least 90 percent. Auditors examined what caused more than half of the almost 500,000 train delays … met with 12 of that workgroup’s 17 members and asked them about efforts to reduce delays, but none mentioned the …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-subway-time-performance-falls-behind-better-plans-needed-get-trains-back-trackState Agencies Bulletin No. 1135
… Earnings Code Description BOT Marine Off Road Pay COM Command Payment EXD Expanded Duty Pay HZM Hazard Material … -.01923: Earnings Code Description BOT Marine Off Road Pay COM Command Payment EXD Expanded Duty Pay HZM Hazard Material …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1135-2011-2012-deficit-reduction-plan-employees-agency-police-services-unitState Agencies Bulletin No. 811
… of two new fields on the TIAA/CREF Suspense/NRI page in PayServ: Previous Projected 366 Day Completion Date and … Year Completion Date Affected Employees Employees enrolled in the Optional Retirement Program (ORP) – Retirement Plan … where applicable (for those employees who incur a break in service prior to meeting the 366 day vesting requirement …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/811-new-fields-tiaacref-suspensenri-page-payservState Agencies Bulletin No. 502
… to find the employee a position according to the Mandatory Alternate Duty Policy. Agency Responsibility: Placing the … accident or disease is required to serve a seven (7) calendar day waiting period. During the waiting period, an … Credit Union General Insurance (Union), Traffic fines Parking and Fingerprint Fees Repayment of State Loans State …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/502-eligibility-and-processing-instructions-workers-compensationDiNapoli: Identity Theft Cases Surged in New York in 2020
… Identity thefts in New York surged during the pandemic with more than 67,000 … New Yorkers reporting someone misused their information on an existing credit card account or to open a new account. …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-identity-theft-cases-surged-new-york-2020Comptroller DiNapoli & A.G. Schneiderman Announce Sentence of Brooklyn Man for Stealing Over $22K in Deceased Mother's Pension Benefit
… New York State Comptroller Thomas P. DiNapoli and Attorney … Eric T. Schneiderman announced today the sentencing of Jimmie Buie, a Brooklyn resident, for stealing over … attempt to undermine the Retirement System and steal from living, retired New Yorkers who depend it." According to …
https://www.osc.ny.gov/press/releases/2017/05/comptroller-dinapoli-ag-schneiderman-announce-sentence-brooklyn-man-stealing-over-22k-deceasedDiNapoli: Queens Woman Pleads Guilty to Stealing $85,000 in NYS Pension Payments Meant for Her Deceased Father
… exploited her father’s death to steal from the state retirement system,” DiNapoli said. “Thanks to the work of my office and Albany County District Attorney David Soares, … has been held accountable.” “The New York State and Local Retirement System is structured to benefit those who have …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-queens-woman-pleads-guilty-stealing-85000-nys-pension-payments-meant-her-deceased-fatherAvailable Options – En-Con Police Officers Plan
… benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments cease upon your death. When you die (even if it is only one year, or sooner, after … must submit proof of your beneficiary’s birth date. You can designate only one beneficiary and you cannot change your …
https://www.osc.ny.gov/retirement/publications/1822/available-optionsShareholders to Exxon: It's Time to Address Climate Change
… On May 25, at ExxonMobil's annual shareholders' meeting, New York State Comptroller Thomas P. DiNapoli and the Church of …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-exxon-its-time-address-climate-changeDiNapoli Identifies Problems With Low-Cost Power Program
… The New York Power Authority (NYPA) made errors and overrode … P. DiNapoli. Auditors found NYPA overstated the number of jobs retained under the ReCharge NY program by nearly … in public reporting. Auditors were also critical of NYPA’s efforts to monitor whether customers met job targets. It …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-identifies-problems-low-cost-power-programOther Bulletin No. 1
… Purpose To provide instructions for processing of the Lump Sum Bonus Payments for eligible employees in Bargaining Unit 96 and 97 Affected … and Chapter 103 of the Laws of 2004 which provide for Lump Sum Bonus Payments for eligible employees in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-1-lump-sum-bonus-payments-suny-construction-fund-employees