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Buffalo Business Delivers $9 Million Investment Gain To The State Pension Fund
… New York State Common Retirement Fund, the third largest public pension plan in the United States with more than one … employers. The Fund has a diversified portfolio of public and private equities, fixed income, real estate and …
https://www.osc.ny.gov/press/releases/2014/12/buffalo-business-delivers-9-million-investment-gain-state-pension-fundState Agencies Bulletin No. 1128
… worked” will be reduced and reported to the Employees’ Retirement System in accordance with the Deficit Reduction … worked” by the applicable earnings reduction percentage for the employee for the given pay period as follows: …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1128-deficit-reduction-reporting-employees-retirement-system-ers-employeesDiNapoli: Buffalo Woman Pleads Guilty to Stealing Her Deceased Grandmother's State Pension Payments
… today. The defendant, Bernadette Russell, was convicted of grand larceny. “Bernadette Russell schemed to hide her … away in October 2019 and her pension payments should have stopped then. However, her family did not notify the … totaling $54,715 into Stenclik’s bank account after she died. Investigators determined numerous ATM withdrawals were …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-buffalo-woman-pleads-guilty-stealing-her-deceased-grandmothers-state-pension-paymentsDiNapoli Announces New Corporate Agreement to Disclose Political Spending
… State Common Retirement Fund is the third largest public pension fund in the United States with estimated assets of …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-announces-new-corporate-agreement-disclose-political-spendingDiNapoli: Allegany County Woman Arrested for Theft of Nearly $30,000 in Pension Checks
… New York State Comptroller Thomas P. DiNapoli, Allegany County District Attorney Ian Jones and the New York State Police announced the arrest of Linda Burrows of Fillmore, New York for the alleged theft of $29,893 in state pension …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-allegany-county-woman-arrested-theft-nearly-30000-pension-checksFactors Affecting an Employer’s Annual Payment – What Every Employer Should Know
… the higher the employer’s annual payment is likely to be. The total number of billable (active) members as of fiscal year ended March 31, 2022 was 506,084. Higher Salaries Employer rates are billed as a percentage of covered … employer chooses to provide a special plan for a specific employee group such as police officers or firefighters, the …
https://www.osc.ny.gov/retirement/employers/partnership/factors-affecting-employers-annual-paymentDiNapoli: State Pension Fund Value $210.2 Billion
… The Fund is ranked one of the nation’s best-funded pension plans, according to Pew Charitable Trusts. The New … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-state-pension-fund-value-2102-billionOpinion 2000-16
… earlier private efforts by the fire service to provide funds for "men who were maimed and crippled in the public …
https://www.osc.ny.gov/legal-opinions/opinion-2000-16Opinion 88-27
… of the statute (L 1977, c. 965, §1), which, inter alia , added subdivisions 2 and 4, it was clear that a … Law, §207-a[2],[4]). The effect of this amendment, inter alia , was to permit the retirement of an eligible disabled …
https://www.osc.ny.gov/legal-opinions/opinion-88-27Tier Status – Coordinated Plan for ERS Tier 6 Members
… … Coordinated Plan information for ERS Tier 6 members under Article 15 Contributing Toward Your Retirement …
https://www.osc.ny.gov/retirement/publications/1530/tier-statusOverview – Coordinated Plan for ERS Tier 6 Members
… … Coordinated Plan information for ERS Tier 6 members under Article 15 Disability Retirement Benefits Overview …
https://www.osc.ny.gov/retirement/publications/1530/overview-0Overview – Coordinated Plan For ERS Tier 5 Members
… … Coordinated Plan information for ERS Tier 5 members under Article 15 Disability Retirement Benefits Overview …
https://www.osc.ny.gov/retirement/publications/1523/overviewState Agencies Bulletin No. 1980
… Affected Employees Tier 6 members of NYCTRS, NYCBERS, and NYCERS are affected. Background OT limit for Tier 6 began in … dated January 13, 2022. OSC Actions OSC will update the Pension Plan Table in PayServ to reflect the $18,233.00 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1980-2022-tier-6-overtime-limit-nyc-retirement-systems-nycers-nyctrs-and25-Year Benefit (Section 384) – Special 20- and 25-Year Plans
… prior police service, as specified by the RSSL. Note: This benefit is not available to Tier 3 members whose employers offer a one-year FAE. The Benefit With at least 25 years of creditable service, your … 25 years of creditable service, you will receive a pension benefit of 2 percent of your FAE per year of creditable …
https://www.osc.ny.gov/retirement/publications/1517/25-year-benefit-section-384Ending Your Membership – State Police Plan
… end: If you are not vested and you leave public employment for seven years (membership ends automatically); If you leave … transfer your membership to another New York State public retirement system; If you retire; or If you die. “Public … participates in NYSLRS. … State Police Plan information for PFRS Tier 2 5 and 6 members under Sections 381b Ending …
https://www.osc.ny.gov/retirement/publications/1518/ending-your-membershipNew York State Comptroller DiNapoli and New York City Retirement Systems and Pension Funds Announce Appointment as Lead Plaintiffs in Wynn Resorts Shareholder Lawsuit
… of Wynn Resorts. The order appointing DiNapoli and the NYC Funds as co-lead plaintiffs was issued May 10 by Nevada's … sex acts, allegations detailed in a January 26, 2018 Wall Street Journal exposé revealing Mr. Wynn's history of … by Mr. Wynn and the other defendants," DiNapoli said. NYC Corporation Counsel Zachary W. Carter , who heads the …
https://www.osc.ny.gov/press/releases/2018/05/new-york-state-comptroller-dinapoli-and-new-york-city-retirement-systems-and-pension-funds-announceMandatory Membership – Membership and Enrollment
… $1,500. Employer Failure to Enroll Employee in NYSLRS If you fail to enroll an employee who is required to join … the plan. If you are enrolling a new member of PFRS who is not covered under 384-d and who intends to elect coverage in … retirement plan, your employee only has one year to do so. The election forms for both the 25-year and 20-year …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/mandatory-membershipOpinion 93-17
… 17 of the Retirement and Social Security Law, and added a new section 17-a to that law, for the purpose of eliminating … of West Islip Union Free School District, et al. v New York State Teachers' Retirement System, et al. , Supreme …
https://www.osc.ny.gov/legal-opinions/opinion-93-17DiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas Companies
… The New York State Common Retirement Fund (Fund) is evaluating 42 publicly traded shale oil and … funded plans in the nation. … The New York State Common Retirement Fund Fund is evaluating 42 publicly traded shale …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-more-climate-actions-nys-pension-fund-launches-evaluation-shale-oil-and-gasNY State Comptroller DiNapoli Statement on Pew Charitable Trusts Ranking State Pension Fund One of Top in Nation
… state pension fund is very strong, as validated once again by the Pew Charitable Trusts who ranked it as one of the … state pension fund is very strong as validated once again by the Pew Charitable Trusts who ranked it as one of the …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-statement-pew-charitable-trusts-ranking-state-pension-fund-one-top