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Opinion 94-19
… This opinion represents the views of the Office of the State Comptroller at the time it was … -- Discount Bonds (amount chargeable to debt limit); (need to establish sinking fund) -- Zero Coupon Bonds (amount chargeable to debt limit); (need to establish sinking fund) CONSTITUTIONAL LAW -- Debt …
https://www.osc.ny.gov/legal-opinions/opinion-94-19Opinion 98-18
… does not provide an alternative means for a fire district to establish emergency or general ambulance services. Fire districts continue to be subject to the prohibition, found in subdivision 4 of section 209-b of the General Municipal Law, against the imposition of fees and charges for either general …
https://www.osc.ny.gov/legal-opinions/opinion-98-18Opinion 92-55
… that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Powers and Duties …
https://www.osc.ny.gov/legal-opinions/opinion-92-55Drug Management and Disposal
… abuse and addiction. Both conditions factor into the need for safe drug disposal practices. Drug disposal options for the public include permanent collection boxes, where … to securely mail unwanted drugs to a drug disposal site for destruction. Key Findings We found that the Department …
https://www.osc.ny.gov/state-agencies/audits/2018/04/27/drug-management-and-disposalRoosevelt Fire District – Fire Station Project (2015M-163)
… Purpose of Audit The purpose of our audit was to examine internal controls over the … procurement policy states that the Board does not need to solicit multiple quotes when procuring professional …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/10/23/roosevelt-fire-district-fire-station-project-2015m-163Limitations – En-Con Police Officers Plan
… Tier 1 If your date of membership is June 17, 1971, or later, the wages in any … period by more than 20 percent. Any amount in excess of 20 percent will be excluded from the computation of … Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/limitationsOrdinary Disability – En-Con Police Officers Plan
… joined on or after September 1, 1997, only the performance of duty and the En-Con police disability benefits are … If you are unable to perform your duties because of permanent physical or mental incapacity and have ten or … Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-disabilityService Retirement Benefit – En-Con Police Officers Plan
… of En-Con police service, or you may qualify for a service retirement if you reach age 60 before having served 25 years … (50 percent) of your FAS. If you are at least 55 at retirement, and an alternative regular plan would provide a … benefit will be paid. Filing The Application for Service Retirement (RS6037) must be on file with the Office of the …
https://www.osc.ny.gov/retirement/publications/1822/service-retirement-benefitAccidental Disability – En-Con Police Officers Plan
… Retirement System before September 1, 1997. Regardless of the amount of service credit you may have, if you become permanently … the accidental disability retirement benefit is a lifetime pension equal to three-quarters (75 percent) of your FAS, …
https://www.osc.ny.gov/retirement/publications/1822/accidental-disabilityEn-Con Police Disability – En-Con Police Officers Plan
… be entitled to this disability benefit if, at the time of filing, you are: Under age 60. Physically or mentally … to perform your duties as the natural and proximate result of a disability sustained in service, not caused by your own … cannot exceed your final salary. The portion of your pension which exceeds your final salary will be suspended …
https://www.osc.ny.gov/retirement/publications/1822/en-con-police-disabilityIX.12.R Major Federal Programs Subject to CMIA Agreement – IX. Federal Grants
… those “major” federal programs which are subject to Subpart A (interest calculations) of the Treasury-State … Act of 1990 (CMIA) was enacted by the federal government to ensure efficiency, effectiveness and equity in the … regulations (31 CFR Part 205) require the State annually to amend its TSA, updating the terms of CMIA implementation …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12r-major-federal-programs-subject-cmia-agreement-sfy-2019-20Borrowing Against Your Contributions – En-Con Police Officers Plan
… examples of how much your reduction would be. How Much You Can Borrow The minimum loan is $25. The maximum loan is 75 … not make the required payments on your loan at least once every three months or do not complete payment within five … repayment amount for multiple loans is higher than the single amount for a refinanced loan, but with multiple loans, …
https://www.osc.ny.gov/retirement/publications/1822/borrowing-against-your-contributionsAvailable Options – En-Con Police Officers Plan
… Single Life Allowance (Option 0) This is the basic retirement … for your lifetime. If you die before your beneficiary, we will continue paying the same monthly amount or one-half … must submit proof of your beneficiary’s birth date. You can designate only one beneficiary and you cannot change your …
https://www.osc.ny.gov/retirement/publications/1822/available-optionsState Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District To Support Community Banking in South Bronx
… Bronx Borough President Vanessa Gibson said , “Today marks a significant step forward in expanding access to … financial education workshops. The Ponce Bank branch marks the state’s fifty-sixth BDD designation. As of … 13 branches and 6 loan production offices throughout the NYC Metro Area, Union City New Jersey and now Coral Gables …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newVested Retirement Benefit – En-Con Police Officers Plan
… employment before retirement age and have five years of credited service. When you reach retirement age, you will … to retire depends on your tier: Tiers 1 & 2 — the first of the month following your 55th birthday. Tiers 3 & 5 — … Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefitContributing Toward Your Retirement – En-Con Police Officers Plan
… covered by Article 11 benefits, you are not required to contribute toward your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement System. These contributions, plus the …
https://www.osc.ny.gov/retirement/publications/1822/contributing-toward-your-retirementStay Informed – En-Con Police Officers Plan
… or in the event of disability or death. Use these tips to help you understand your benefits and stay informed. … Retirement Online , a convenient and secure way to review your benefits and conduct transactions in real time. In many cases, you’ll be able to use Retirement Online instead of mailing forms or …
https://www.osc.ny.gov/retirement/publications/1822/stay-informedPartial Lump Sum Payment – En-Con Police Officers Plan
… benefit in exchange for a one-time lump sum payment. The lump sum payment is made when your retirement benefit is … benefit for at least one year prior to your date of retirement; and Retire with a service retirement (not a … a lump sum payment equal to a specific percentage of the value of your retirement benefit, as shown below. Your Single …
https://www.osc.ny.gov/retirement/publications/1822/partial-lump-sum-paymentOpinion 97-15
… This opinion represents the views of the Office of the State Comptroller at the time it was … and the manner in which it is to function. Charter laws need not be consistent with general or special laws except as … Hook , 60 NY2d 99, 468 NYS2d 596). The intent to pre-empt need not be express, but may be implied from a declaration of …
https://www.osc.ny.gov/legal-opinions/opinion-97-15Retirement System Membership – En-Con Police Officers Plan
… in the New York State and Local Police and Fire Retirement System (PFRS) must become members of the Retirement System. When you become a member, you must … New York State Department of Environmental Conservation’s Division of Law Enforcement on or after January 1, 1987, …
https://www.osc.ny.gov/retirement/publications/1822/retirement-system-membership