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Divorce – Special 20- and 25-Year Plans
… COLA. Any such division of your benefits must be stated in the form of a domestic relations order (DRO), which is a …
https://www.osc.ny.gov/retirement/publications/1517/divorceXV.7 Budget Allocations – XV. End of Year
… transactions workflow to OSC for approval or delete them, if not needed. Find transactions that may be lost in workflow … be denied and deleted causing re-work at the agencies. If needed, SFS/OSC will work with agencies to resolve any …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv7-budget-allocationsCredit Cards – Travel and Conference Expense Management
… registration fees, airline tickets). Before credit cards can be obtained for travel purposes, they must be … audit before any reimbursement claim may be paid. Credit cards issued for travel purposes cannot be used to charge …
https://www.osc.ny.gov/local-government/publications/travel-conference-expense/credit-cardsIntroduction to IT Governance – Information Technology Governance
… access, cybersecurity and personnel training. They rely on IT systems for storing and processing important financial … the Internet, communicating through email and reporting to State and federal agencies. These systems and the data they … and schools. Although no single practice or policy on its own can adequately safeguard your IT investments, a …
https://www.osc.ny.gov/local-government/publications/it-governance/introduction-it-governanceLocation Service Providers
… is that the rightful owners should claim their abandoned funds without charge, strongly encourages everyone to contact the Office of Unclaimed Funds directly to determine if we are holding funds … withhold the fee from the refund. Researching the List of Unclaimed Funds Go to the Search for Lost Money page to …
https://www.osc.ny.gov/unclaimed-funds/resources/location-service-providersOversight of Career and Technical Education Programs in New York State Schools
… and Boards of Cooperative Educational Services (BOCES) can do to enhance CTE programs. The audit covered the 2015-16 … CTE programs and respective student enrollments generally do not align with occupations that are most in demand, … and Boards of Cooperative Educational Services can do to enhance CTE …
https://www.osc.ny.gov/state-agencies/audits/2020/12/21/oversight-career-and-technical-education-programs-new-york-state-schoolsDiNapoli: State Missed Out on Over $180 Million in Medicaid Drug Rebates
… control costs and save taxpayers money by making sure it gets the drug rebates that it is entitled to under federal … control costs and save taxpayers money by making sure it gets the drug rebates that it is entitled to under federal …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-state-missed-out-over-180-million-medicaid-drug-rebatesDiNapoli Urges Congress to Expand Eligibility for Savings Program for Individuals with Disabilities
… law in December 2015 and started operating and investing funds in 2017. DiNapoli's office oversees the program and … from NY ABLE accounts are tax-free provided the funds are used for qualified disability expenses.** These … and housing, among other expenses. Users can access funds in several ways, including an optional checking account …
https://www.osc.ny.gov/press/releases/2018/11/dinapoli-urges-congress-expand-eligibility-savings-program-individuals-disabilitiesBorrowing Against Your Contributions – Regional State Park Police Plan
… If you meet eligibility requirements, you may take a loan from … fully insured in case you die before repaying them. Note: If you retire with an outstanding loan, the annuity portion … savings contributions are those you make voluntarily. Tier 5 and 6 Members The following rules apply when borrowing …
https://www.osc.ny.gov/retirement/publications/1867/borrowing-against-your-contributionsBorrowing Against Your Contributions – Police and Fire Plan
… If you meet eligibility requirements, you may take a loan from NYSLRS. … year of member service credit. You repay each outstanding loan through payroll deductions in an amount sufficient to …
https://www.osc.ny.gov/retirement/publications/1512/borrowing-against-your-contributionsBorrowing Against Your Contributions – En-Con Police Officers Plan
… If you meet eligibility requirements, you may take a loan from … fully insured in case you die before repaying them. Note: If you retire with an outstanding loan, the annuity portion … savings contributions are those you make voluntarily. Tier 5 and 6 Members The following rules apply when borrowing …
https://www.osc.ny.gov/retirement/publications/1822/borrowing-against-your-contributionsBorrowing Against Your Contributions – Non-Contributory Plan with Guaranteed Benefits
… pay off your loan once you retire. The amount of your pension reduction will be based on your age, the loan balance … changes annually. At Age Outstanding Loan Balance Annual Pension Reduction 45 $5,000 $219 $10,000 $439 55 $5,000 $255 …
https://www.osc.ny.gov/retirement/publications/1513/borrowing-against-your-contributionsBorrowing Against Your Contributions – Basic Plan with Increased-Take-Home-Pay (ITHP)
… If you meet eligibility requirements, you may take a loan from … fully insured in case you die before repaying them. Note: If you retire with an outstanding loan, the annuity portion … savings contributions are those you make voluntarily. Tier 5 and 6 Members The following rules apply when borrowing …
https://www.osc.ny.gov/retirement/publications/1511/borrowing-against-your-contributionsBorrowing Against Your Contributions – Career Plan
… If you meet eligibility requirements, you may take a loan from … fully insured in case you die before repaying them. Note: If you retire with an outstanding loan, the annuity portion … savings contributions are those you make voluntarily. Tier 5 and 6 Members The following rules apply when borrowing …
https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributionsBorrowing Against Your Contributions – New Career Plan
… If you meet eligibility requirements, you may take a loan from … fully insured in case you die before repaying them. Note: If you retire with an outstanding loan, the annuity portion … savings contributions are those you make voluntarily. Tier 5 and 6 Members The following rules apply when borrowing …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
… the Metropolitan Transportation Authority an opportunity to ease the pressure that growing debt places on its … operations and stabilize its future finances, according to a report released today by State Comptroller Thomas P. … down the road will depend in part on how the MTA chooses to manage debt in the coming years. “The MTA received the …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsX.4.A Identifying Information – X. Guide to Vendor/Customer Management
… of this Chapter) Open for Ordering – If this box is checked, purchase orders can be created for the … selects the classification, the “open for ordering” check box on the vendor record will automatically default according … Article 15-A. *Located in the Government Classification box in SFS The Certification Source will maintain …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x4a-identifying-informationCost-Saving Ideas: Containing Employee Health Insurance Costs
… lieu of health benefits. This provides a win-win: you save money by paying an amount that’s less than the cost of … Office of the State Comptroller: Cost-Containment Strategies for New York State’s Local Governments Research …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-containing-employee-health-insurance-costsDiNapoli: Audit Reveals Problems with Volunteer Firefighters’ Benefit Program
… for Length of Service Awards Programs (LOSAP) and as a result local volunteers may be shortchanged on benefits, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. LOSAP … did not meet minimum standards as prescribed by law. As a result of the audit, DiNapoli recommended fire district and …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-audit-reveals-problems-volunteer-firefighters-benefit-programI.5 OSC Bureau Contact Information – I. OSC Guide to Financial Operations Overview
… other contact information has been specifically identified in the applicable content section. By Mail: Office of the … NY 12236 By Phone: General Information (518) 474-6494 Vendor Responsibility (OSC Help Desk) (518) 408-4OSC (4672) … State Credit Cards: [email protected] Statewide Vendor File: [email protected] Vendor Updates: …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i5-osc-bureau-contact-information