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About Statement No. 67 – Governmental Accounting Standards Board
… Governmental Accounting Standards Board (GASB) Statement No. 67, Financial Reporting for Pension Plans : Establishes … and required supplementary information disclosures. Has no impact on NYSLRS’ Statement of Plan Net Position or …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-67City of New Rochelle - Elevator Inspections (2018M-62)
… property owners and issue violation notices to those who do not submit them. Ensure all elevators and related … of our findings and recommendations, but indicated they have initiated corrective action. Appendix B includes our …
https://www.osc.ny.gov/local-government/audits/city/2018/11/30/city-new-rochelle-elevator-inspections-2018m-62Challenging a Determination – State Police Plan
… can only be paid if they are authorized by law. If you do not meet all the eligibility requirements established by … letter with an explanation of the hearing process. If you have questions about the hearing process, please visit our …
https://www.osc.ny.gov/retirement/publications/1518/challenging-determinationOversight of Adult Protective Services Programs (Follow-Up)
… a guardian or other legal intervention. Within OCFS, the Bureau of Adult Services (Bureau) oversees local APS programs statewide. OCFS' network … To ensure that APS activities meet State standards, the Bureau conducts Practice Reviews (Reviews) of each APS …
https://www.osc.ny.gov/state-agencies/audits/2023/08/10/oversight-adult-protective-services-programs-followRetiree Annual Statement
… you received and a breakdown of credits, deductions and taxes. It also gives you an explanation of the pension … Generate Statement button. The document will download on to your computer. Get an Email Notification When Your … based on the cost-of-living index and a formula set by State law. For information about COLA eligibility and how …
https://www.osc.ny.gov/retirement/retirees/retiree-annual-statementDiNapoli Expands State Pension Fund's In-State Investment Program
… are in line with our priority of generating returns for the pension fund, while helping to boost our state’s … provide capital to businesses that are implementing growth strategies, expanding operations or transitioning ownership. … with revenue between $5 million and $50 million. Capital for the program is leveraged by the U.S. Small Business …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-expands-state-pension-funds-state-investment-programState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… York State Comptroller Thomas P. DiNapoli today announced the New York State and Local Retirement System (NYSLRS) … for the Police and Fire Retirement System (PFRS). DiNapoli is also dropping the long-term assumed rate of return on … so we can better weather market volatility.” The estimated average employer contribution rate for ERS will remain at …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredAudit of the Tuition Reimbursement Account for the Five Fiscal Years Ended March 31, 2018
… Objective To express an opinion on the fair presentation of the Financial Statements of the … of Education’s Rules and Regulations (Regulations). Key Findings In our opinion, the financial statements … in the United States of America. … To express an opinion on the fair presentation of the Financial Statements of the …
https://www.osc.ny.gov/state-agencies/audits/2019/09/06/audit-tuition-reimbursement-account-five-fiscal-years-ended-march-31-2018Member E-News Archive — 2023
… 2023 Help Us Go Green and Get Your 1099-R and Annual Statement Faster Check Retirement Online to See Possible Changes in Pension Deductions Vested: … Credit Retirees Can Use Retirement Online to View Pension Pay Stubs September 2023 NYSLRS and Comptroller DiNapoli …
https://www.osc.ny.gov/retirement/publications/member-e-news-archive-2023Avoiding a Rejected DRO – Divorce and Your Benefits
… NYSLRS, as a governmental plan, has discretion to reject a DRO. Orders that are vague, contain inconsistent … — NYSLRS members are prohibited from assigning retirement benefits (RSSL Section 110). A distribution may be made … status of “surviving spouse.” Separate Accounts — NYSLRS does not maintain separate accounts for members and …
https://www.osc.ny.gov/retirement/members/divorce/avoiding-rejected-droOverview – Governmental Accounting Standards Board
… setting accounting and financial reporting standards for state and local governments. Two GASB standards, Statement No. 67 and Statement No. 68 , outline how pension plan liabilities are accounted for and disclosed … information across governments. These accounting standards do not affect or alter how public pensions are funded or how …
https://www.osc.ny.gov/retirement/employers/gasb/overviewDiNapoli Praises NYC Comptroller Stringer's City Pension Fund Reforms
… of reforms over the last seven years at the New York State Common Retirement Fund. Today, the state pension fund stands as a national …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-praises-nyc-comptroller-stringers-city-pension-fund-reformsReceiving Your Benefit and Filing Your Pension Payment Option Election – Special 20- and 25-Year Plans
… your retirement benefit paid. You can choose from several pension payment options, all of which will provide you with a … after your death. Most members can estimate their pension using the benefit calculator in Retirement Online . … area of your Account Homepage and click the “Estimate my Pension Benefit” button. Members in certain circumstances …
https://www.osc.ny.gov/retirement/publications/1517/receiving-your-benefit-and-filing-your-pension-payment-option-electionNew York State Comptroller DiNapoli and New York City Retirement Systems and Pension Funds Announce Appointment as Lead Plaintiffs in Wynn Resorts Shareholder Lawsuit
… Common Retirement Fund (the Fund), today announced that he and the New York City Retirement Systems and Pension Funds … New York City Teachers' Retirement System, New York City Police Pension Fund, New York City Fire Department Pension Fund, and New York City Board of …
https://www.osc.ny.gov/press/releases/2018/05/new-york-state-comptroller-dinapoli-and-new-york-city-retirement-systems-and-pension-funds-announceDetermining the Ex-spouse's Share – Divorce and Your Benefits
… are marital assets subject to equitable distribution in the event of a divorce. A member and ex-spouse may establish a pension benefit distribution. The … 2. Marital share × 50% = ex-spouse’s portion For example, if the member accrued 18 years of service while married and …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-shareContract Advisory No. 23
… Signatures , the Office of the State Comptroller (OSC) Bureau of Contracts (BOC) uses the Authorized Signature Form … the address listed below. Office of the State Comptroller Bureau of Contracts 110 State Street – 11th Floor Albany, New … Chapter XI, Section 2.K - Authorized Signatures Bureau of Contracts Authorized Signature Form ( AC 1782-S ) …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/23-authorized-signature-form-ac-1782-sState Agencies Bulletin No. 1639
… Purpose To notify agencies of a change to the process for reissuing New York State payroll … be addressed to the employee’s attention at the agency address listed in the Location panel in PayServ. The Payee … checks to employees. Maintain an up-to-date agency address in the Location panel in PayServ. Please note: Any …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1639-reissuance-state-payroll-checksAudit of the Tuition Reimbursement Account for the Three Fiscal Years Ended March 31, 2013
… Supervision Account (Supervision Account) to support Bureau of Proprietary Schools (Bureau) operations. The Bureau monitors licensed private schools and registered …
https://www.osc.ny.gov/state-agencies/audits/2014/07/24/audit-tuition-reimbursement-account-three-fiscal-years-ended-march-31-2013XII.8.F Changes to Vouchers After Submission to OSC – XII. Expenditures
… SECTION OVERVIEW AND POLICIES This section informs agencies how to request a change to a voucher after submittal to the Office of the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8f-changes-vouchers-after-submission-oscDiNapoli: Jury Convicts Councilman Ruben Wills in Public Corruption Scheme
… for their continued and valuable partnership on Operation Integrity. My office will continue to hold accountable any … Attorney General Schneiderman, through their "Operation Integrity" partnership, have brought charges against dozens …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-jury-convicts-councilman-ruben-wills-public-corruption-scheme