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State Agencies Bulletin No. 2352
… The purpose of this bulletin is to notify agencies of the 2025 pensionable overtime earnings limit for Tier 6 TRS … Dates: Effective in Administration paychecks beginning July 2, 2025, and Institution paychecks beginning July 10, 2025. OSC Actions: OSC will update PayServ to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2352-tier-6-pensionable-overtime-ot-earnings-limit-plan-year-2025-employeesWall Street Bonuses and Profits Decline in 2015
… in 2016. Both the state and city budgets depend heavily on the securities industry and lower profits could mean fewer … are not included. The Comptroller’s estimate is based on personal income tax trends, which do not distinguish …
https://www.osc.ny.gov/press/releases/2016/03/wall-street-bonuses-and-profits-decline-2015How the Program Works – Contribution Stabilization Program
… annual contribution according to its usual procedures. The CSP does not change these procedures or the method for … duration held by the New York State Common Retirement Fund (Fund). That rate of return will vary annually. The …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksDiNapoli: Fiscal Stress Down Slightly in Villages
… System has identified 18 villages in New York in some level of fiscal stress. For 2015, three villages have been … of villages in fiscal stress has decreased and remains low across much of the state,” said DiNapoli. “Local … System has identified 18 villages in New York in some level of fiscal stress For 2015 three villages have been …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-fiscal-stress-down-slightly-villagesParticipation in the Program – Contribution Stabilization Program
… in the fiscal year billing cycle following the fiscal year of approval. For example, if you withdraw in fiscal year 2024 … balance will be automatically applied toward a portion of your future invoice payments until your reserve funds are …
https://www.osc.ny.gov/retirement/employers/csp/participation-programCity of Lockport – Budget Review (B20-1-9)
… an independent evaluation of the City’s proposed budget for 2021. Background Chapter 332 of the Laws of 2014, as … Comptroller each year, beginning January 1, 2015, and for each subsequent fiscal year during which the debt … to finance the deficit is outstanding, the proposed budget for the next succeeding fiscal year. Key Findings Based on …
https://www.osc.ny.gov/local-government/audits/city/2020/11/06/city-lockport-budget-review-b20-1-9CUNY Bulletin No. CU-303
… inclusion in the June Chancellor’s University Report for payment in July. Performance Bonus payments require the … a bonus payment only once a year. The Bonus payment is a lump sum ranging up to 7% of the employee’s annual salary (base …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-303-performance-bonus-program-full-time-excluded-instructionalState Agencies Bulletin No. 1308
… To inform agencies of action required to ensure that payroll earnings charges are properly transmitted to SFS and posted to the General Ledger. Payroll representatives not directly involved with SFS should …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1308-updates-account-codes-and-related-payserv-position-pools-sfs-statewideCity of Lockport -- Budget Review (B1-15-20)
… 31, 2013. The Act requires the Mayor to submit to the State Comptroller each year, beginning January 1, 2015, and …
https://www.osc.ny.gov/local-government/audits/city/2015/11/04/city-lockport-budget-review-b1-15-20Wyandanch Union Free School District – Budget Review (B23-7-1)
… of Budget Review The purpose of our budget review was to provide an independent evaluation of the proposed 2023-24 … by Chapter 56 of the Laws of 2020, authorized the District to issue serial bonds in an aggregate principal amount not to exceed $4.5 million, to liquidate the accumulated deficit …
https://www.osc.ny.gov/local-government/audits/charter-school/2023/04/07/wyandanch-union-free-school-district-budget-review-b23-7-1State Agencies Bulletin No. 1696
… Purpose To notify agencies of the 2019 maximum salary limit for … 408 (k) (3) (C), and 408 (k) (6) (D) (ii) will increase to $280,000 for the 2019 calendar year. Affected Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1696-maximum-salary-limit-optional-retirement-plan-orp-retirement-tiers-1State Agencies Bulletin No. 1624
… of the 2018 maximum salary limit for members of ORP in Tiers 1 through 5. Background In accordance with Section 415 … Affected Employees Employee who are members of ORP in Tiers 1-5 Effective Dates Institution Paychecks dated January …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1624-maximum-salary-limit-optional-retirement-plan-orp-retirement-tiers-1DiNapoli Releases Executive Budget Report
… to slow and billions of dollars in settlement money are spent, according to an analysis of the $154.6 billion … the forfeiture of pension rights for public officials who are convicted of crimes related to his or her public office, … years earlier. The drop will come as settlement revenues are not anticipated to continue as they have over the last …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-executive-budget-reportCUNY Bulletin No. CU-409
… Automatic Processing After payroll processing is complete for Pay Period 8C, OSC will automatically apply Increments to … Rate is equal to one of the steps on the Salary Schedule for that position, and the salary is below the ‘Last 1 year step’ (Max) on the schedule for that position, OSC will automatically insert a row of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-409-cuny-increment-payments-effective-july-1-2010CUNY Bulletin No. CU-373
… the salary is off step or Position Data and Job Data do not match. After the automatic increment has been …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-373-cuny-increment-payments-effective-july-1-2009Opinion 88-37
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion …
https://www.osc.ny.gov/legal-opinions/opinion-88-37DiNapoli: NYSLRS Announces Employers' Retirement System Contribution Rates for 2023-2024
… New York State Comptroller Thomas P. DiNapoli today announced … Fiscal Year 2023-24 will increase from 11.6% to 13.1% of payroll for the Employees’ Retirement System (ERS) and … death benefits to their survivors. “The state pension fund’s performance in the fiscal year that ended March 31 was …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyslrs-announces-employers-retirement-system-contribution-rates-2023-2024DiNapoli: Economic and Tax Collection Growth Slowing in New York City
… growth and tax collections, according to a report on the city’s financial plan released today by State Comptroller … in recent years,”DiNapoli said. “While the city’s economy is doing well, there are reasons to be concerned about the … slowed to 3.6 percent in FY 2016 after growing at an average rate of 6.9 percent during the five prior fiscal …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityOpinion 89-7
Whether a town is required to pay the members of its board of assessment review compensation in excess of their salaries because the board of assessment review was required to meet twice in one year to hear complaints with respect to the assessments on the towns tentative assessment roll
https://www.osc.ny.gov/legal-opinions/opinion-89-7DiNapoli: Temporary Federal Spending Drives Up NY’s National Ranking in States’ Balance of Payments
… The surge in federal spending in response to the COVID-19 … states and 28.6% more than the national average. The rank is up from fourth in 2020, due primarily to increased income … series details the differences among the 50 states and what they pay in federal taxes and how much they receive in …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-temporary-federal-spending-drives-nys-national-ranking-states-balance-payments