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New York’s Economy and Finances in the COVID-19 Era (March 30, 2021)
… March 30, 2021 Edition While Some New York Industries Are on the Path to Recovery, Others Are … economic shutdown were swift and deep: employment in New York declined by nearly 2 million jobs from February to April 2020. New data released by the State Department of Labor show less …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-march-30-2021NY State & City Comptrollers, State Treasurers: Federal Bill Attempts to Silence Investors
… investors holding $2,000 of company stock for at least one year to file a shareholder proposal. The Act would raise the …
https://www.osc.ny.gov/press/releases/2017/06/ny-state-city-comptrollers-state-treasurers-federal-bill-attempts-silence-investorsTier 1 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Ordinary Death Benefit This benefit is equal to 1/12th (8.33 percent) of your last year’s earnings, multiplied by your years of service credit up to 36 years. Alternative Death Benefit …
https://www.osc.ny.gov/retirement/publications/1511/tier-1-death-benefitsOversight of the Nourish New York Program
… Objective To determine if the Department of Agriculture and Markets (Ag&Mkts) and the … and DOH actions related to the program through May 2023. About the Program The COVID-19 pandemic revealed weaknesses … little guidance to food relief organizations establishing what constitutes an allowable administrative cost, and …
https://www.osc.ny.gov/state-agencies/audits/2023/09/21/oversight-nourish-new-york-programDiNapoli: Three Arrested for Scheme to Steal Unclaimed Funds from New York State
… charges arising out of their scheme to fraudulently obtain unclaimed funds held by the New York State Comptroller’s Office of …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-three-arrested-scheme-steal-unclaimed-funds-new-york-stateAutomated Phone Service
… is a list of the phone menu options available to NYSLRS retirees. Many of the options allow you to access your … line are available to you. If you have an open request in process with NYSLRS (for example, a change of address), … stop payment on a check you believe is lost or stolen. 2 – Direct Deposit Enroll or revise direct deposit — Have an …
https://www.osc.ny.gov/retirement/retirees/automated-phone-serviceSUNY Bulletin No. SU-266
… If an employee was not eligible at the time of the first payment, but becomes eligible on or before February 6, 2019, … 7L). If an employee was not eligible at the time of payment in either Administration 16L or Administration 22L, … without Pay (MLS only) or Retired Payroll Status on the payment effective dates (as referenced above) = Active, Leave …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-266-2016-and-2017-retroactive-salary-increases-psnu-employeesDiNapoli: New York Sees Improvement in Condition of Local Bridges
… released today by State Comptroller Thomas P. DiNapoli. The estimated cost for work needed on local bridges in the state in 2023 was approximately $29 billion, according to the U.S. Department of Transportation, Federal Highway …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-new-york-sees-improvement-condition-local-bridgesState Agencies Bulletin No. 2138
… of ANN on the payment effective date; and Did not have a withholding recommendation approved by DOB. Promotion … a performance advance in the higher grade in April 2023. Withholding Recommendation If the agency determines the full … income taxes. Federal, State, and New York City income tax withholding will be calculated using the Aggregate method. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2138-april-2023-managementconfidential-mc-performance-advancesAlternative and Out-of-Service Death Benefits – State Police Plan
… Alternative Death Benefit If you die in service after you are eligible to … had you retired on your date of death. “Pension reserve” is an actuarial term for the value of your retirement benefit … of retirement. Out-of-Service Death Benefit If you are a vested member with at least ten years of credited service, …
https://www.osc.ny.gov/retirement/publications/1518/alternative-and-out-service-death-benefitsAlternative and Out-of-Service Death Benefits – Special 20- and 25-Year Plans
… Alternative Death Benefit If you die in service after you are eligible to … Section 384 or Section 384-e) had you retired on your date of death. “Pension reserve” is an actuarial term for the value of your retirement benefit at the time of retirement. …
https://www.osc.ny.gov/retirement/publications/1517/alternative-and-out-service-death-benefitsEPI- Employment Recovery Is Slow for New Yorkers with Disabilities
People living with disabilities face unique daily challenges that can present barriers to employment. The COVID-19 pandemic led to soaring unemployment rates for people with disabilities, and these rates have not declined as quickly in New York as they have nationally.
https://www.osc.ny.gov/files/reports/pdf/disabilities-employment-recovery.pdfOverpayments for Services Also Covered by Medicare Part B (Follow-Up)
… audit report, Overpayments for Services Also Covered by Medicare Part B (2010-S-50). Background Many of the State's Medicaid …
https://www.osc.ny.gov/state-agencies/audits/2014/03/06/overpayments-services-also-covered-medicare-part-b-followState Agencies Bulletin No. 1849
… in the Racing Inspector title. Affected Employees Administrative Services Unit (ASU) Bargaining Unit 02 who … of Absence/MLS (Mil Stip); and Has a Pay Basis Code of FEE; and Is assigned to a track location in the title of … the following Statewide Financial System chart field: SFS Business Unit Dept. Value Program Value Fund Value …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1849-2020-work-related-clothing-allowance-asu-employees-title-racingState Agencies Bulletin No. 1211
… Purpose To inform agencies of OSC’s automatic processing and to provide agency instructions for payments not processed …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1211-2012-uniform-cleaning-and-maintenance-allowance-payment-certainNew York State Comptroller DiNapoli: Wall Street Profits Rose in 2018, But Bonuses Fell
… bonus paid to industry employees in New York City declined by almost 17 percent to $153,700, according to an estimate … by New York State Comptroller Thomas P. DiNapoli. “Despite a sharp decline in the financial markets in the fourth quarter of 2018, the securities industry still had a good year with increased profits and employment,” DiNapoli …
https://www.osc.ny.gov/press/releases/2019/03/new-york-state-comptroller-dinapoli-wall-street-profits-rose-2018-bonuses-fellXII.7.A Responding to Voucher and Expense Report Audit Questions – XII. Expenditures
… the following responsibilities to ensure Bureau auditors can successfully contact Voucher Authorizers: Online agencies …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii7a-responding-voucher-and-expense-report-audit-questionsState Agencies Bulletin No. 1822.1
… of Performance Awards (Longevity Lump Sum Payment) as a one-time, lump sum payment in the amount of $1,250 or $2,500. A side letter to the agreement dated October 19, 2016 states … employees who are in a composite position (identified by Increment Code 2222) even though the agency must submit a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/18221-april-2020-public-employees-federation-pef-longevity-lump-sum-llsState Agencies Bulletin No. 278
… events of September 11, 2001 Affected Employees Employees in Executive Agencies who are working overtime due to events … Earnings Begin Date Earnings End Date Earn Code Hours Amount Agency Actions If the agency wishes to use the new … using these codes in the needed instances. If the agency does not choose to use the codes, they will continue their …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/278-tracking-expenditures-related-overtime-worked-due-events-september-11Eligibility, the Benefit and Filing – Career Plan
… Eligibility Tier 1 Members: You are eligible to retire at age 55. Tier 2 and 3 Members: You must have at … of service credit after July 1, 1973. You are eligible to retire with full benefits at age 62, or may choose early … at least five years of service credit. You are eligible to retire with full benefits at age 62, or may choose early …
https://www.osc.ny.gov/retirement/publications/1642/eligibility-benefit-and-filing