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DiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… 5LINX, a telecommunications company located in Rochester, has generated an estimated $6.7 million return, … an approximated 21 percent internal rate of return for the New York State Common Retirement Fund (Fund), New York State … through its In-State Private Equity Program, which seeks profitable investments in New York State-based companies. …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundState Agencies Bulletin No. 811
… Projected 7 Year Completion Date fields where applicable (for those employees who incur a break in service prior to … an employee’s rehire, agencies were required to account for all breaks in service prior to the employee’s enrollment … employee’s termination thus requiring agencies to account for only the most recent break in service when calculating …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/811-new-fields-tiaacref-suspensenri-page-payservOpinion 93-2
… election at either a general or special village election for village officers. A village board, on its own motion, may … Election Law, §15-104[1][c], which prescribes a procedure for village elections in certain villages to be conducted by … a village board of trustees may upon its own motion, and shall upon petition, cause a proposition on the question …
https://www.osc.ny.gov/legal-opinions/opinion-93-2New York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… New York State Comptroller Thomas P. DiNapoli announced today that the New York State Common Retirement Fund (Fund), valued at an …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-targetChanging Employers – Membership and Enrollment
… service in a particular title. A special plan allows for retirement after 20 or 25 years of service, regardless of … understand the consequences to their NYSLRS membership For example, ERS sheriff or correction officer service is …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/changing-employersState Agencies Bulletin No. 2186
… Governor signed legislation authorizing the creation of a new Tier 6 pension plan. Members of this tier enrolled in a … 2013, employee contribution rates are based on an employee’s annual wage, as required by legislation. Once a Tier 6 … three (3) calendar years of membership, an employee’s contribution rate is based on annual pensionable salary …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2186-2024-two-year-look-back-tier-6-suny-optional-retirement-plan-orp-andState Agencies Bulletin No. 1535
… record update process and provide data entry instructions for entering SRA and TDA deductions to ensure compliance with … regular annual contribution amount will remain at $18,000 for 2017. An additional deferment is available to employees … in addition to their regular contribution amount for a combined total contribution limit of $24,000 in 2017. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1535-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaTransferring or Terminating Your Membership
… membership to another public retirement system in New York State. If you previously were a member of the New York State … that is covered by the other retirement system; You are on the payroll in a job that is covered by NYSLRS; and You … should contact the retirement systems you plan to transfer out of and into before completing the application. The …
https://www.osc.ny.gov/retirement/members/transferring-or-terminating-your-membershipWhat to Report – Legacy Reporting
… but do not take contributions from salary earned in excess of the Governor’s annual salary. Find the current …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-reportNYS Comptroller DiNapoli and Church of England Call on ExxonMobil to Set Targets for Lowering GHG Emissions
… 100+ initiative, of ensuring companies develop business strategies consistent with the Paris Agreement. Climate … including equities, real estate and alternative investment strategies. The Commissioners' work today supports the Church …
https://www.osc.ny.gov/press/releases/2018/12/nys-comptroller-dinapoli-and-church-england-call-exxonmobil-set-targets-lowering-ghg-emissionsProcessing Retirement Applications – When Employees Retire
Notifications sent when employees file for retirement and instructions on submitting the Statement of Accrued Payments and Leave Credits form
https://www.osc.ny.gov/retirement/employers/when-employees-retire/processing-retirement-applicationsState Agencies Bulletin No. 643
… in a different agency. All Institution teachers are paid on an hourly basis for their Summer Session work. Refer to … Employee Status Contracts for 21P teachers will end on the last day of the academic year as reported in the … credit days for employees who are members of the New York State Employees Retirement System (Plan Type 7Y) and are in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/643-procedures-summer-session-payments-teachers-bargaining-units-05-and-06State Agencies Bulletin No. 1906
… of this bulletin is to inform agencies of procedures for reporting line number changes and to explain how chartfield strings will be charged for fiscal year 2021-2022. Affected Employees Employees with … Title and Position Management (TPM) Mass Change Process for Line Item Realignment (LNR); do not use a Position Move …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1906-reporting-line-number-and-budget-year-changes-fiscal-year-2021-2022State Agencies Bulletin No. 1749.1
2019 Summer Session Payments for Institution Teachers
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/17491-2019-summer-session-payments-institution-teachersDiNapoli: Georgia Woman Sentenced to Over a Year in Prison and Ordered to Pay $459K in Full Restitution for Stealing NYS Pension and Social Security Payments
… mother-in-law’s death in an effort to defraud New York’s retirement system and the Social Security Administration,” DiNapoli said. “Thanks to the work of my investigative team, U.S. Attorney Buchanan, and …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-georgia-woman-sentenced-over-year-prison-and-ordered-pay-459k-full-restitution-stealing-nysState Agencies Bulletin No. 2303
… calendar years of membership, an employee’s contribution rate is based on annual pensionable salary from the earlier … PayServ. Employee Contribution Rates: Wages Contribution Rate $45,000.00 or less 3% $45,000.01 to $55,000.00 3.5% … effective in Administration paychecks dated January 29, 2025 and Institution paychecks dated February 6, 2025. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2303-2025-two-year-look-back-tier-6-suny-optional-retirement-plan-orp-andPayroll Improvement Project Bulletin No. PIP-010
… Purpose The purpose of this bulletin is to inform users of changes to Retirement Plans in PayServ 9.2. Affected … 2015 will be converted at Go Live. Background The Office of the State Comptroller is upgrading PayServ to PeopleSoft …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-010-changes-pension-plans-payserv-92Averill Park Central School District - Payroll (2018M-255)
… were accurately paid. Key Findings District officials have adequate procedures to ensure salary and wages are paid accurately. The Superintendent was not always certifying payrolls prior to the Treasurer …
https://www.osc.ny.gov/local-government/audits/school-district/2019/03/15/averill-park-central-school-district-payroll-2018m-255State Agencies Bulletin No. 2140
… complete the New York State Employees’ Retirement System form RS2050 to report service credit for teachers working …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2140-procedures-processing-2023-summer-session-payments-institution-teachersState Agencies Bulletin No. 2033
… complete the New York State Employees’ Retirement System form RS2050 to report service credit for teachers working …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2033-procedures-processing-2022-summer-session-payments-institution-teachers