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Overview – Contribution Stabilization Program
… (CSP) is an optional program that allows you to pay a portion of your annual pension contributions to the Fund when due and pay the remainder over time with interest. The … payment as rates decrease. Participation in the program does lead to higher costs over the long-term for employers …
https://www.osc.ny.gov/retirement/employers/csp/overviewContract #C001148 - Printing and Mailing of NYSLRS Member Annual Statements
… (“OSC”), on behalf of the New York State and Local Retirement Systems (“NYSLRS”), intends to procure printing … will begin in March of each year and will end in early May. Printing of the actual Statements will begin in … as it becomes available, will be available for download through the following links: Draft Contract …
https://www.osc.ny.gov/procurement/c001148Operational Advisory No. 8
… or more and do not negotiate those checks within one year of issuance will receive a State Check Outreach letter … checks throughout the year rather than once a year. The new process will spread out the volume of letters making it … the standard check replacement process for Comptroller’s Refund Account checks can be located in Chapter XII …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/8-state-check-outreachDiNapoli Releases Review of Executive Budget
… has long cited the inadequate levels of state reserve funds as a significant fiscal concern. At the end of SFY … reserves to 15% of spending from State Operating Funds. The Executive Budget now proposes to set aside $11.8 … reserves, as well as planned deposits to the two rainy day funds through SFY 2024-25, which would increase reserve funds …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetState Agencies Bulletin No. 1230
… Social Security and Medicare Tax Refund Certification ( Form AC 3206 ), to affected employees informing them of the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1230-retroactive-pre-tax-transit-adjustmentState Police Bulletin No. SP-40
… unit members who used three (3) or fewer sick days per year shall be paid $1,400 and unit members who used more than three (3) but no more than five (5) sick days per year shall be paid $700. Agency Processing Information Effective pay period 4 Lag, payments for year 2000 may be processed through the Time Entry panel as …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-40-2000-and-2001-productivity-bonus-payments-employees-represented-policeExamination of Unemployment Insurance Benefits 2016 Annual Report
… if DOL recouped overpayments based on current and prior year findings . Background To accomplish our objectives, we … risk payment requests DOL approved in 2016; and (ii) prior year payments related to those 2016 payment requests. Key … from 130 New York State employees hired during calendar year 2016. In addition, in calendar year 2016, DOL recovered …
https://www.osc.ny.gov/state-agencies/audits/2017/07/28/examination-unemployment-insurance-benefits-2016-annual-reportVillage of Pomona – Financial Condition (2015M-272)
… Purpose of Audit The purpose of our audit was to examine the Village’s financial condition for the period … as of the end of fiscal year 2014-15. Village officials have not developed a multiyear plan to address the Village’s …
https://www.osc.ny.gov/local-government/audits/village/2015/12/31/village-pomona-financial-condition-2015m-272DiNapoli: Local Sales Tax Collections Nearly Flat in July
… York City’s collections totaled $768 million, a decrease of 1.2%, or $9.1 million, compared to the same time last year. County and city collections in the rest of the state totaled $946 million, an increase of 1.2%. 40 of 57 counties experienced year-over-year …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-local-sales-tax-collections-nearly-flat-julyDiNapoli: Local Sales Tax Collections Up 2.3% in October
… York City’s collections totaled $842 million, an increase of 4.1%, or $33 million, compared to the same time last year. County and city collections in the rest of the state totaled $884 million, an increase of 0.4%. Over 63% (36 of 57) of counties experienced …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-local-sales-tax-collections-23-octoberPelham Union Free School District – Reserve Funds (2015M-366)
… Education. Budgeted appropriations for the 2014-15 fiscal year totaled approximately $67 million. Key Finding The … balance increased by more than $2.2 million from fiscal year 2011-12 to fiscal year 2014-15. Key Recommendation Ensure that the excess funds …
https://www.osc.ny.gov/local-government/audits/school-district/2016/03/18/pelham-union-free-school-district-reserve-funds-2015m-366State Agencies Bulletin No. 1981
… Effective Administration paychecks dated January 5, 2022, and Institution paychecks dated January 13, 2022. OSC Actions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1981-tier-6-pensionable-overtime-ot-earnings-limit-calendar-year-2022Village of Goshen – Financial Condition (2014M-75)
… controls. Budgeted appropriations for the 2013-14 fiscal year totaled approximately $11.5 million. Key Finding Village … the budget; budgets were not modified throughout the year and budget line items were overspent. Key Recommendation Monitor the budget during the course of the year and make any needed budgetary adjustments. … Village of …
https://www.osc.ny.gov/local-government/audits/village/2014/09/26/village-goshen-financial-condition-2014m-75DiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges
… Trust. The city also reduced the general reserve for FY 2021 from $1 billion to $100 million, the statutory minimum …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challengesSUNY Bulletin No. SU-247
… in the Guide to Financial Operations, Section XV.6.A . Effective Date(s) Institution pay checks dated July 06, … during this time. OSC Payroll will provide agencies with a list of position pools that will not roll to the 2017-18 … 2017 paycheck has been confirmed (June 28, 2017). Attached is a list of Position Pools that contain a chart of accounts …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-247-new-york-state-payroll-system-payserv-suny-fiscal-year-endDiNapoli: Fiscal Stress Remains Low Among Villages
… In January, DiNapoli released fiscal stress scores for school districts. In September, his office will release … were developed with direct input from local government and school district officials. The changes provide local officials with …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-fiscal-stress-remains-low-among-villagesDiNapoli: State Tax Collections Slightly Stronger Than Expected in February but Remain Volatile
… last year and $21.8 million above the latest projections; All Funds receipts totaled $131.6 billion through February, … the month $40.8 million higher than current projections; All Funds spending of $122 billion through February was … The cash report focuses primarily on the General Fund and All Governmental Funds. The General Fund is the major …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-state-tax-collections-slightly-stronger-expected-february-remain-volatileState Agencies Bulletin No. 1479
… agencies that the pensionable overtime earnings limit for Tier 6 Employee Retirement System (ERS) members is … PayServ to reflect the pensionable overtime earnings limit for the 2016 fiscal year in accordance with ERS publications … agencies that the pensionable overtime earnings limit for Tier 6 Employee Retirement System ERS members is $15608 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1479-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2016-employeesOpinion 2003-3
… §§217, 219: The maximum benefit that may be provided under a defined benefit plan service award program cannot exceed a monthly payment for life of twenty dollars for each year of firefighting … program shall be a monthly payment, payable for life, that does not exceed an amount equal to twenty dollars for each …
https://www.osc.ny.gov/legal-opinions/opinion-2003-3State Agencies Bulletin No. 1569
… using an overpayment earnings code or an AC-230. In this case, the negative retroactive adjustment may be re-generated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1569-april-2017-managementconfidential-mc-performance-advances