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How the Program Works – Contribution Stabilization Program
… deficiencies, previous amortizations, incentive costs and prior years’ adjustments. NYSLRS establishes graded rates … fixed rate securities of appropriate duration held by the New York State Common Retirement Fund (Fund). That rate of return will …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksOverview – Enhanced Reporting
… may use either method; one method may be more convenient for you depending on the data you need to submit. If you … with enhanced reporting (a pipe-delimited Text file) for uploading to Retirement Online . Rev. 2/23 … NYSLRS …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/reporting-formats/overviewXI.2.D Vendor Name on Contractual Agreements – XI. Procurement and Contract Management
… alternative name or alias (e.g. Doing Business As “DBA”) for a contractor in a contractual agreement. Should an … agreement must include both the contractor’s legal name and the alternative name or alias. Process and Document … Tax Identification Number. In most cases, the Vendor ID for contracts and purchase orders will be a Regular Vendor …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2d-vendor-name-contractual-agreementsWarwick Valley Central School District - Professional Services (2019M-139)
… whether the District procured professional services in accordance with Board policies and applicable statutory … whether the District procured professional services in accordance with Board policies and applicable statutory …
https://www.osc.ny.gov/local-government/audits/school-district/2019/09/20/warwick-valley-central-school-district-professional-services-2019m-139Village of Andover – Water and Electric Cash Receipts (2019M-152)
… and electric cash receipts were recorded and deposited in a timely and accurate manner. Key Findings We reviewed 1,963 … control over water and electric cash receipts and was able to make adjustments to customer accounts and delete transactions without proper …
https://www.osc.ny.gov/local-government/audits/village/2019/10/25/village-andover-water-and-electric-cash-receipts-2019m-152Village of Bainbridge - Conflict of Interest (2019M-72)
… whether the Board ensured that Village officials did not have prohibited interests in Village contracts. Key Finding … our audit period. Key Recommendation Adopt procedures to help detect and prevent prohibited interests in contracts. … whether the Board ensured that Village officials did not have prohibited interests in Village contracts …
https://www.osc.ny.gov/local-government/audits/village/2019/06/28/village-bainbridge-conflict-interest-2019m-72ABLE Residency
… Session 2021-2022: ABLE Residency – Signed into law on July 26, 2022 as Chapter 478 of the Laws of 2022 - A.7652/S.9335 (Gunther/Brouk) - Eliminates the New York State residency requirement for designated beneficiaries …
https://www.osc.ny.gov/legislation/able-residencyDiNapoli: State’s Financial Plan Reflects a Bleak Economic Outlook
… in funding for State Operations are also planned. School children and college students, people living in … DiNapoli said. “New York is facing an unprecedented public health and fiscal crisis that could dramatically … state's 170,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-states-financial-plan-reflects-bleak-economic-outlookEDSS - Revenue Contract / Amendment Help
… The Revenue Contract / Amendment will need to be created in the State Financial System (SFS) first. Please use the appropriate audit type in SFS based on the chart below. EBP Electronic – Lowest … Non-Quick EBV Electronic – Best Value (RFP) In EDSS, you can search by the Audit ID or PeopleSoft ID to …
https://www.osc.ny.gov/state-agencies/contracts/edss-revenue-contract-amendment-helpTown of North Collins - Recreation Department Cash Receipts (2020M-68)
… (Department) cash receipts were recorded and deposited in a timely and accurate manner. Key Findings The … confirming all funds collected were recorded and deposited in a timely and accurate manner. Key Recommendations Adopt … Department cash receipts were recorded and deposited in a timely and accurate manner …
https://www.osc.ny.gov/local-government/audits/town/2020/07/24/town-north-collins-recreation-department-cash-receipts-2020m-68State Agencies Bulletin No. 127
… inform agencies of two new deduction codes for employees in the Public Employees Federation (PEF) Affected Employees Employees in Bargaining Unit 05 Effective Dates Checks dated 12/16/1999 … inform agencies of two new deduction codes for employees in the Public Employees Federation PEF …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/127-new-voluntary-insurance-codes-pefInvestment of Retirement Funds
… (Jackson) – Permits investment of retirement funds in mortgages guaranteed by New York state homes and community … Bill Text Status … Permits investment of retirement funds in mortgages guaranteed by New York state homes and community …
https://www.osc.ny.gov/legislation/investment-retirement-fundsState Agencies Bulletin No. 435
… To provide notification of a change in the manager of the New York State College Savings Program. Affected Employees … Investments Inc. and the Vanguard Group. Effective Date(s) Effective November 13, 2003, TIAA will no longer accept new enrollments in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/435-change-manager-nys-college-savings-programEdgemont Union Free School District – Information Technology (2024M-37)
… District had an increased risk of unauthorized access to and use of the network and could potentially lose important data. In addition to … we reviewed all 665 nonstudent network user accounts and determined that District officials did not: Disable 34 …
https://www.osc.ny.gov/local-government/audits/school-district/2024/11/08/edgemont-union-free-school-district-information-technology-2024m-37State Agencies Bulletin No. 267
… reflected in the Institution checks dated August 9, 2001 and Administration checks August 15, 2001 for employees who …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/267-supplemental-wage-flat-withholding-rate-decreaseEDSS - Procurement Contract / Amendment Help
… PDF documents before submission. EDSS is part of OSC’s Online Services, which includes security measures to protect …
https://www.osc.ny.gov/state-agencies/contracts/edss-procurement-contract-amendment-helpState Agencies Bulletin No. 1257
… Purpose To familiarize PayServ users with changes in PayServ resulting from the planned upgrade to PayServ v … being used and are detailed below: For IE7: Launch IE and log into PayServ or PS Query. Launch IE again and log into …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1257-payroll-system-upgrade-changes-payserv-91Town of Perth – Conflict of Interest (2024M-142)
… was the sole proprietor of an automotive company that did business with the Town. Therefore, the Board member had a … The prohibited interest occurred when the Board member’s business repaired a Town dump-truck and was paid $13,183 for …
https://www.osc.ny.gov/local-government/audits/town/2025/04/25/town-perth-conflict-interest-2024m-142DiNapoli Releases Review of First Quarter State Revenue Collections
… of the Budget (DOB) projections, largely reflecting growth in business tax collections and increased personal income tax (PIT) receipts in June, according to a report on state finances issued today … to improve after April’s decline, and the state is now in a relatively strong cash position,”DiNapoli said. “The …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-releases-review-first-quarter-state-revenue-collectionsFormer Newburgh City Fire Chief Pleads Guilty To Wire Fraud For Fraudulently Obtaining Retirement Benefits
… fraud in connection with state pension benefits before U.S. District Judge Cathy Seibel in White Plains federal court. … City Fire Chief, cheated the public he swore to serve by double-dipping, receiving both a public pension and a …
https://www.osc.ny.gov/press/releases/2016/04/former-newburgh-city-fire-chief-pleads-guilty-wire-fraud-fraudulently-obtaining-retirement-benefits