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NYS Pension System Reporting & Employee Contribution Accounts

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New York State, county, city, school district, and other government employees in New York State have the option to participate in the pension system, New York State & Local Retirement System (NYSLRS) a. What are the financial reporting requirements related to the amount that these government entities must meet? b. What account type do you think is used to manage the employees matching contributions while they are in the employers control, before they are moved to the state pension fund?.

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New York State, county, city, school district, and other government employees in New York State have the option to participate in the pension system, New York State & Local Retirement System (NYSLRS) a. What are the financial reporting requirements related to the amount that these government entities must meet? b. What account type do you think is used to manage the employees matching contributions while they are in the employers control, before they are moved to the state pension fund?

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