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Retiring with an Outstanding Loan – Special 20- and 25-Year Plans
… Outstanding Loan Balance Annual Pension Reduction 45 $5,000 $255 $10,000 $510 55 $5,000 $289 $10,000 $578 65 …
https://www.osc.ny.gov/retirement/publications/1517/retiring-outstanding-loanBorrowing Against Your Contributions – Article 14 Benefits
… If you meet eligibility requirements, you may take a loan from the Retirement System. Before you apply, you should … tax laws pertaining to Retirement System loans. Your loan will be taxable if: The loan amount exceeds federal … be for a minimum of $1,000, so you must have an account balance of at least $1,334. The total of all your loans may …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsTown of Caneadea – Fund Balance Management (2020M-145)
… Plan or Capital Plans. As a result, the Board’s ability to know what effect financial decisions would have on future … and have initiated or indicated they planned to initiate corrective action. Appendix B includes our …
https://www.osc.ny.gov/local-government/audits/town/2021/05/14/town-caneadea-fund-balance-management-2020m-145Comptroller DiNapoli Releases Municipal Audits
… operations, my office continues to provide taxpayers the assurance that their money is being spent appropriately and effectively.” Town of Elmira – Financial Condition (Chemung County) The board has not … not appropriately evaluate projects and award financial benefits because it has not established adequate project …
https://www.osc.ny.gov/press/releases/2016/01/comptroller-dinapoli-releases-municipal-audits-0DiNapoli Tracks State and City Spending Related to Asylum Seekers
… assistance with their basic needs,” DiNapoli said. “My office has launched a new tool to provide transparency on this emergency spending and show why additional funding and logistical support is needed …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-tracks-state-and-city-spending-related-asylum-seekersDiNapoli: College Student Loan Debt Doubled in New York Over Last Decade
… Thomas P. DiNapoli today released a report on student loan debt which found the average New Yorker with college … than the national average of $29,700. In New York, student loan debt more than doubled during the last decade, growing … areas of the state with an average student loan borrower balance of $44,500, followed by the Lower Hudson Valley at …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-college-student-loan-debt-doubled-new-york-over-last-decadeComptroller DiNapoli Releases Municipal Audits
… DiNapoli. "By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that … billing system does not provide an audit log to show adjustments that have been made. Gloversville Public … (Westchester County) Reliance on appropriated fund balance as a financing source in the 2011 and 2012 fiscal …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-municipal-audits-3Loan Payroll Deductions – Enhanced Reporting
… Once a loan has been approved and a check is sent to the member, you … will receive a notification letting you know that their loan deduction has changed. The notification will provide a … The page also provides the member’s remaining balance once there are six or fewer outstanding payments …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/loan-payroll-deductionsIndian River Central School District – Financial Condition Management (2022M-92)
… Additionally, the District’s reported surplus fund balance as of June 30, 2021 was 10 percent, exceeding the … limit of 4 percent. When unused appropriated fund balance is added back, the recalculated surplus fund balance totals $27.8 million which exceeds the statutory …
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/19/indian-river-central-school-district-financial-condition-management-2022mState Comptroller DiNapoli and Rockland District Attorney Walsh Announce Guilty Pleas of Middletown Resident for Larceny
… New York State Comptroller Thomas P. DiNapoli and Rockland County District Attorney Thomas E. Walsh II announced that Ricardy … Court before Judge Larry J. Schwartz to petit larceny for stealing nearly $4,000 from the New York State & Local …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-and-rockland-district-attorney-walsh-announce-guilty-pleas-middletownLoans – Divorce and Your Benefits
… be rejected at retirement due to insufficient funds for the ex-spouse. Rev. 2/23 …
https://www.osc.ny.gov/retirement/members/divorce/loansState Comptroller DiNapoli Releases Municipal Audits
… Lakes Horizon Economic Development Corporation – Revolving Loan Fund Program (2022M-36) The board did not properly manage and monitor the revolving loan fund program. As a result, the board cannot ensure the … realistic budgets or monitor and effectively manage fund balance. Revenues were underestimated by a total of $334,095 …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-audits-0New York One of Only Seven States to Owe Money to Federal Unemployment Trust Fund
… Despite recent significant payments to the federal Unemployment Trust Fund (UTF), New York is one … with unemployment insurance (UI) funds that are in debt to the federal government, and the $8.1 billion owed in the outstanding loan balance is second only to California, according to a new analysis by State …
https://www.osc.ny.gov/press/releases/2022/06/new-york-one-only-seven-states-owe-money-federal-unemployment-trust-fundComptroller DiNapoli Releases Municipal Audits
… DiNapoli. “By auditing municipal finances and operations, my office continues to provide taxpayers the assurance that … of revenues and did not include estimates of fund balance. Claims were paid prior to board review and did not … members did not maintain records for each activity to show an itemized list of the receipts collected from …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-municipal-audits-0Update on New York’s Unemployment Insurance Trust Fund: Challenges Continue
… June 10, 2022 PDF Version Devastating job losses caused by the … York’s outstanding balance is not fully repaid by November 10, 2022, interest costs will mount, as will the federal … for paying benefits. The loan balance reached as high as $10.2 billion in March 2021, declined and then plateaued to an …
https://www.osc.ny.gov/reports/update-new-yorks-unemployment-insurance-trust-fund-challenges-continueMaintain My Payroll Contact Information
… [email protected] . … Maintain My Payroll Contact Information …
https://www.osc.ny.gov/state-agencies/payroll/maintain-my-payroll-contact-informationComptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … totaled more than $1.2 million because cash balances for the town-outside-village general and highway funds … sites or options prior to entering into a 17.5 year lease for office space with a private developer. As a result, …
https://www.osc.ny.gov/press/releases/2015/11/comptroller-dinapoli-releases-municipal-audits-2DiNapoli: Unsafe Conditions, Questionable Spending Found at Affordable NYC Housing Complexes
… spending at three affordable housing complexes show a need for greater oversight of the Mitchell-Lama … need to be made to ensure tenants can live with dignity. My office’s annual Worst Landlord Watchlist spotlights … (M-L) conducted by State Comptroller DiNapoli show that these affordable buildings are deteriorating, …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-unsafe-conditions-questionable-spending-found-affordable-nyc-housing-complexesComptroller DiNapoli Releases Municipal Audits
… Additionally, there are budget gaps in the water and sewer funds which are planned to be funded by rate increases that …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-audits-2Indian River Central School District – Financial Condition (2016M-287)
… March 31, 2016. Background The Indian River Central School District is located in the Towns of Alexandria, … and the effect on fund balance. … Indian River Central School District Financial Condition 2016M287 …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/10/indian-river-central-school-district-financial-condition-2016m-287