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State Agencies Bulletin No. 2102
… five years in either department. Agency Actions Since the NYS Payroll System (PayServ) will not process a transaction, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2102-april-2020-and-april-2021-pef-longevity-payments-long-term-seasonalComptroller DiNapoli & A.G. Schneiderman Announce State Prison Sentence for Florida Woman in $120,000 Pension Fraud Case
… in favor of the New York State and Local Employees Retirement System in the amount of $121,772.72. Under the plea … on behalf of the New York State and Local Employees Retirement System, to her deceased uncle, David Wynn. Wynn …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-ag-schneiderman-announce-state-prison-sentence-florida-woman-120000-pensionNew York State Comptroller DiNapoli and New York City Retirement Systems and Pension Funds Announce Appointment as Lead Plaintiffs in Wynn Resorts Shareholder Lawsuit
… P. DiNapoli, as trustee of the New York State Common Retirement Fund (the Fund), today announced that he and the … the assets of the New York State and Local Retirement System on behalf of more than one million state and local …
https://www.osc.ny.gov/press/releases/2018/05/new-york-state-comptroller-dinapoli-and-new-york-city-retirement-systems-and-pension-funds-announceAvoiding a Rejected DRO – Divorce and Your Benefits
… NYSLRS, as a governmental plan, has discretion to reject … be deleted from any proposed or final DRO. Assignment — NYSLRS members are prohibited from assigning retirement … eligibility age do not apply to governmental plans such as NYSLRS. Lump Sum Distribution — NYSLRS cannot accept …
https://www.osc.ny.gov/retirement/members/divorce/avoiding-rejected-droEarly Retirement – Article 14 Benefits
… With 20 years of service credit, you can apply for early retirement regardless of your age. The early retirement benefit equals 42 percent of your FAS for 20 years … exceed 50 percent of your FAS. When you turn 62, the early retirement benefit is reduced by 50 percent of your primary …
https://www.osc.ny.gov/retirement/publications/1644/early-retirementNormal Retirement – Article 14 Benefits
… You can choose normal retirement or early retirement, but must be separated from service on the first … least 22 years of service credit, you can apply for normal retirement regardless of your age. The normal retirement …
https://www.osc.ny.gov/retirement/publications/1644/normal-retirementState Agencies Bulletin No. 1665
… into a spreadsheet on the first page of the ORP-VDC Breaks Calculator workbook. Determine Which Employees Require the … Tools for Calculation OSC has provided an ORP-VDC Breaks Calculator Job Aid for assisting with the breaks in service calculation. This calculator should be used by the agency when calculating …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1665-calculating-breaks-service-orp-participants-apprear-control-d-nben742DiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… Thomas P. DiNapoli announced the New York State and Local Retirement System (NYSLRS) employer contribution rates will decrease for …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnMore About This Retirement Plan – Special 20- and 25-Year Plans
… This retirement plan summary describes the benefits available to … 2, 3 (Article 11), 5 and 6 members of the Police and Fire Retirement System (PFRS) covered by the special 20- and 25-year …
https://www.osc.ny.gov/retirement/publications/1517/more-about-retirement-planDiNapoli and NY State Pension Fund Reach Agreements with Major Companies on Executive Pay
… P. DiNapoli today announced that the New York State Common Retirement Fund has reached agreements with Microsoft Corp. , … pay solely by benchmarking it against other CEOs. Overall employee compensation and executive pay has been and will … the assets of the New York State and Local Retirement System on behalf of more than one million state and local …
https://www.osc.ny.gov/press/releases/2018/12/dinapoli-and-ny-state-pension-fund-reach-agreements-major-companies-executive-payNYS Comptroller DiNapoli Seeks Answers From Companies on Sexual Harassment and Racial Discrimination
… Inc. , Tesla Inc. and Starbucks Corp. requesting they report on their efforts to prevent harassment and … the companies to disclose, among other things: The total number and aggregate dollar amount of disputes settled by the … harassment, and retaliation directed toward employees for years. Recently, Microsoft announced plans to acquire …
https://www.osc.ny.gov/press/releases/2022/02/nys-comptroller-dinapoli-seeks-answers-companies-sexual-harassment-and-racial-discriminationDiNapoli, Social Security Administration IG Ennis Announce Guilty Plea of Maryland Man for Stealing Deceased Mother’s Retirement Payments
… $53,320 in payments from the New York State Common Retirement Fund and the SSA that were sent to his deceased … to those who try to defraud the New York State Pension system: we will pursue those who attempt to steal from the … this case.” Elizabeth Dorothy Case was a New York State employee and resident of Jamaica, Queens, who moved to …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-social-security-administration-ig-ennis-announce-guilty-plea-maryland-man-stealing-deceasedState Agencies Bulletin No. 619
… 2003 to a State entity not using the PayServ system (e.g., NYS Thruway Authority). The agency of last record should … undeliverable, the agency should forward the check to the NYS Department of Tax and Finance, Division of Treasury per …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/619-restoration-2003-management-confidential-mc-performance-advancesState Agencies Bulletin No. 942
… Purpose To provide instructions for populating the Retirement Plans page in PayServ for affected employees of … the State Police who join the Police and Fire Retirement System on or after July 1, 2009 Effective Date Immediately …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/942-mandatory-3-retirement-contribution-certain-tier-2-members-new-yorkWhen Employees Retire – When Employees Retire
Instructions for employers on filing applications for employees and information on filing deadlines
https://www.osc.ny.gov/retirement/employers/when-employees-retireFiscal Year Earnings and Prior Years’ Adjustments
… submitted after you have already been billed. Note: Your estimated invoice and annual invoice are calculated using … during State Fiscal Year April 1, 2024–March 31, 2025 (SFY 2024-25), as well as any prior years’ adjustments … or if you need further assistance, use our help desk form (select Monthly Employer Reporting from the dropdown). …
https://www.osc.ny.gov/retirement/employers/fiscal-year-earnings-and-prior-years-adjustmentsIX.7.C Fringe Benefits and Indirect Costs – IX. Federal Grants
… Employee fringe benefit and indirect costs are permissible … and indirect cost standard rates into the State Financial System. In some cases, the federal government may request the … Guide to Financial Operations REV. 02/01/2022 … Employee fringe benefit and indirect costs are permissible …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7c-fringe-benefits-and-indirect-costsDiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
… recent actions taken by the New York State Common Retirement Fund (Fund) to support LGBTQIA+ equity and … equal and inclusive health and other benefits, and employee resource groups. The Comptroller also asks the … the assets of the New York State and Local Retirement System on behalf of more than one million state and local …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companiesState Agencies Bulletin No. 1527
… No Projected Dates and the NBEN742B Control-D report – VDC Employee with Active Jobs and No Projected Dates. The NBEN742 … The missing completion date(s) could impact TIAA members’ employee and employer contributions from being transferred to … or make note of which dates are missing. Verify the TIAA Retirement Election Date The retirement election date is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1527-calculating-correct-projected-366-day-completion-date-andor-projected-7Life Changes: Getting Your Affairs in Order and A Guide for Survivors
… a little less uncertain. Sincerely, Thomas P. DiNapoli State Comptroller Getting Your Affairs In Order Prepare Your … Survivor’s Benefit Program information (if you are a New York State employee), deferred compensation, the name, number …
https://www.osc.ny.gov/retirement/publications/getting-your-affairs-order-and-guide-survivors