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Examples – Article 14 Benefits
… employment. The member can apply for a vested retirement benefit at the early retirement age of 42 (the age he or she … benefit is further reduced by 50 percent of your primary Social Security benefit. …
https://www.osc.ny.gov/retirement/publications/1644/examplesCUNY Bulletin No. CU-549
… Fine 425 Repay State Loans/Debt 426 Higher Ed Repay State Loan 445 HC Flex Spending 580 CUNY Medicare Deficiency Flat …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-549-cuny-rate-increase-supervisor-mechanicsCUNY Bulletin No. CU-568
… 510 of the Laws of New York amends the Retirement and Social Security Law in relation to the definition of wages …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-568-2017-tier-6-ot-limit-and-plan-year-changes-nyc-retirementPort Jefferson Union Free School District – Information Technology (2014M-039)
… appropriate user behavior or procedures to ensure the security of the District’s IT system. There are no written …
https://www.osc.ny.gov/local-government/audits/school-district/2014/04/18/port-jefferson-union-free-school-district-information-technology-2014mState Comptroller DiNapoli Releases School District Audits
… its position. As a result, district taxpayers incurred the full cost of providing more than $536,000 in …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-releases-school-district-auditsNYS Common Retirement Fund Announces Second Quarter Results
… Fund’s (Fund) overall return in the second quarter of state fiscal year 2016-2017 was 3.51 percent for the … period ending Sept. 30, 2016, with an estimated value of $184.5 billion, according to New York State Comptroller … its first quarter on June 30, 2016 with an overall return of 2 percent and an estimated value of $181 billion. Prior to …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was 3.67 percent for the … period ending Sept. 30, 2017, with an estimated value of $201.3 billion, according to New York State Comptroller … exceeded the strong performance we saw at the start of the fiscal year," DiNapoli said. "The Fund's value …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsUnder Reporting of Net Available Monthly Income for Nursing Home Residents Causes Medicaid Overpayments (Follow-Up)
… home recipients have income from Social Security, pensions and other sources to offset the cost of their nursing home … (county social service offices throughout the State and the Human Resources Administration in New York City) are … homes about $42 million due to system flaws within eMedNY and because localities did not update NAMI in a timely …
https://www.osc.ny.gov/state-agencies/audits/2013/08/16/under-reporting-net-available-monthly-income-nursing-home-residents-causes-medicaidSubmitting Payments for NYSLRS Members – Enhanced Reporting
… must send NYSLRS member payments by direct debit. We will withdraw the funds electronically through the automated … Electronic Debit Authorization form with your name, bank, account number and the name of the person to be … upcoming debit from your account by email. NYSLRS can only withdraw funds from the account you designate on your …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/submitting-payments-nyslrs-membersNorthern Onondaga Public Library District – Cash Disbursements (2013M-236)
… is properly safeguarded. Board members and the Treasurer do not audit each claim prior to the bookkeeper preparing the … the monthly bank reconciliations and cancelled checks. Do not allow payroll checks to be signed using a signature stamp. Do not allow the bookkeeper access to the District’s bank …
https://www.osc.ny.gov/local-government/audits/library/2013/11/08/northern-onondaga-public-library-district-cash-disbursements-2013m-236Allocation, Billing, and Collection of Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety Responsibility Act
… or whose property they might damage as a result of an accident. Department activities relating to the Acts fall … the Compulsory Insurance Services Program, and the Accident Prevention Course Program. Under the Acts, the …
https://www.osc.ny.gov/state-agencies/audits/2019/12/13/allocation-billing-and-collection-expenses-administering-motor-vehicle-financial-securityTown of Johnsburg – Management Oversight and Online Banking (2013M-6)
… to evaluate the Town’s oversight of financial activities and internal controls over online banking for the period … The Town of Johnsburg is located in Warren County and is governed by a Town Board which comprises an elected Town Supervisor (Supervisor) and four elected councilpersons. The 2012 budget for the …
https://www.osc.ny.gov/local-government/audits/village/2013/04/19/town-johnsburg-management-oversight-and-online-banking-2013m-6Village of Montgomery – Purchasing and Information Technology (2013M-210)
… policy covering various aspects of the Village’s IT system security, but it did not implement procedures ensuring that …
https://www.osc.ny.gov/local-government/audits/village/2013/10/25/village-montgomery-purchasing-and-information-technology-2013m-210Allocation, Billing, and Collection of Expenses of Administering the Motor Vehicle Financial Security Act and the Motor Vehicle Safety Responsibility Act (Follow-Up)
… ensure that the operators of motor vehicles registered in New York possess adequate insurance coverage, or are … programs and assess these expenses on insurance carriers in proportion to their reported premiums. The objective of … the expenses of administering the Acts. We found that, in general, the Department was appropriately allocating, …
https://www.osc.ny.gov/state-agencies/audits/2021/05/27/allocation-billing-and-collection-expenses-administering-motor-vehicle-financial-securityEast Ramapo Central School District – Budget Review (B21-5-4)
… review was to provide an independent evaluation of the East Ramapo Central School District’s (District’s) proposed … review was to provide an independent evaluation of the East Ramapo Central School Districts Districts proposed …
https://www.osc.ny.gov/local-government/audits/school-district/2021/05/05/east-ramapo-central-school-district-budget-review-b21-5-4State Agencies Bulletin No. 1814
… is to notify agencies of the 2019-2020 maximum salary contribution limit for Tier 6 members of PFRS (7W), and ERS (7Y). Background On … OSC will update PayServ to reflect the Maximum Salary Contribution Limit of $206,250 for the current plan period … is to notify agencies of the 20192020 maximum salary contribution limit for Tier 6 members of PFRS 7W and ERS 7Y …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1814-maximum-salary-contribution-limit-tier-6-members-following-new-yorkCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… through October 17, 2019. About the Program EO 88, issued on December 28, 2012, is the centerpiece of BuildSmart NY– … program for pursuing energy efficiency in certain New York State government buildings while advancing economic growth, … environmental protection, and energy security in the State. EO 88 is intended to accomplish broader State policy …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsService Credit Purchase Payments – Legacy Reporting
… a direct trustee-to-trustee transfer from an eligible retirement tax-sheltered plan or account (this method can … to manage and make additional payments is through their Retirement Online member accounts . If members request … NYSLRS employers report information about employees through Retirement Online including their earnings the number of days …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/service-credit-purchase-paymentsComptroller DiNapoli Releases School Audits
… officials did not maintain up-to-date disposal records and 10 of 25 assets (40 percent) totaling $43,330 were not … source, improperly booking $3.6 million in encumbrances and improperly reserving $7.7 million for debt service. … training to staff. In addition, auditors found hardware and software inventory records were inaccurate and outdated. …
https://www.osc.ny.gov/press/releases/2019/10/comptroller-dinapoli-releases-school-audits-0DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s investment return was 11.55% for the state fiscal year that ended March 31, 2024. The Fund … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24