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State Agencies Bulletin No. 2301
… this bulletin is to notify agencies that the pensionable overtime (OT) earnings limit for Tier 6 members of the New … OT limit in PayServ to reflect the $20,958.00 pensionable overtime earnings limit with an Effective Date of January 1, … this bulletin is to notify agencies that the pensionable overtime OT earnings limit for Tier 6 members of the New York …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2301-2025-tier-6-overtime-limit-new-york-city-retirement-systemsEast Moriches Union Free School District - Budget Review (B7-15-5)
… Purpose of Budget Review The purpose of our budget review was to provide an independent evaluation of the District’s proposed budget for the 2015-16 fiscal …
https://www.osc.ny.gov/local-government/audits/school-district/2015/04/09/east-moriches-union-free-school-district-budget-review-b7-15-5Town of Summerhill – Fund Balance and Budget Monitoring (2013M-27)
… its resultant financial condition for the period January 1, 2009, to December 31, 2012. Background The Town of Summerhill is located in Cayuga County and has approximately 1,200 residents. The Town is governed by the Town Board, which comprises four elected …
https://www.osc.ny.gov/local-government/audits/town/2013/05/17/town-summerhill-fund-balance-and-budget-monitoring-2013m-27Village of Mount Kisco – Transparency of Fiscal Activities (S9-24-18)
… results of the Village’s fiscal activities to the public in a transparent manner. Key Findings The Board did not: Provide … year 2022-23, the Board’s ineffective oversight resulted in a lack of transparency with the public regarding the …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/village-mount-kisco-transparency-fiscal-activities-s9-24-18Overtime Limits for Tier 6
For Tier 6 members the amount of overtime included in the calculation of your final average earnings which is used to determine your pension is subject to an annual limit
https://www.osc.ny.gov/retirement/members/overtime-limits-tier-6Brighter Choice Charter Middle School for Boys – Financial Operations (2013M-348)
… of the Foundation. While both filed financial disclosure forms, neither disclosed their relationship with the Foundation on these forms. Key Recommendations Determine if there is a more cost effective means to receive the desired services …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/07/brighter-choice-charter-middle-school-boys-financial-operations-2013m-348Village of Keeseville – Financial Condition (2013M-192)
… Purpose of Audit The purpose of our audit was to review the Village’s financial condition for the period June 1, 2010, through May 31, 2013. Background The Village of Keeseville is located in Essex County. The Village … Village of Keeseville Financial Condition 2013M192 …
https://www.osc.ny.gov/local-government/audits/village/2013/09/20/village-keeseville-financial-condition-2013m-192Election Form for Sheriffs, Undersheriffs, and Deputy Sheriffs 25 Year Plan and the Additional 1/60 Retirement Plan Under Article 14-B, Section 551 and 551 (e) (RS5501)
NYSLRS election form for only Sheriffs, Undersheriffs, or Deputy Sheriffs directly engaged in criminal law enforcement 50 percent or more of the time.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs5501.pdfState Agencies Bulletin No. 1179
… Seasonal employees who meet the eligibility criteria in M/C Bargaining Unit 06 Background Chapter 214 of the Laws … Effective Date(s) Payments may be submitted beginning in Pay Period 12, paychecks dated 9/26/12 (Administration) … Adjustment) Effective 4/1/07, seasonal employees in New York City, Nassau, Rockland, Suffolk and Westchester …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1179-location-pay-location-pay-mid-hudson-and-inconvenience-pay-seasonalAlternate Contribution Stabilization Program
… During the 20132014 billing cycle NYSLRS employers could opt in to the Alternative Contribution Stabilization Program …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programOpinion 88-40
… if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. MUNICIPAL COOPERATION - Municipal Funds … for annually preparing a budget for the joint program. After reviewing the budget, the town and village governing …
https://www.osc.ny.gov/legal-opinions/opinion-88-40DiNapoli Announces Latest Fiscal Stress Scores
… cities and nine towns, marks the third-straight decline in the overall number of municipalities listed in stress. The number of local governments considered to be in "significant fiscal stress," however, more than doubled …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-announces-latest-fiscal-stress-scoresFinancial Data: What is the general schedule/cycle of data availability?
… Financial Data What is the general schedulecycle of data availability …
https://www.osc.ny.gov/local-government/data/financial-data-what-general-schedulecycle-data-availabilityCOLA – Child Center of New York
… (DOH) to the Child Center of New York was properly spent in accordance with the COLA Guidance for Submitting Claims that DOH issued for fiscal years 2013-14. Background Each fiscal year, DOH …
https://www.osc.ny.gov/state-agencies/audits/2016/10/11/cola-child-center-new-yorkWallkill Central School District – Financial Management (2015M-294)
… audit was to review the District’s financial management for the period July 1, 2010 through June 30, 2015. Background … nine-member Board of Education. Budgeted appropriations for the 2014-15 fiscal year totaled approximately $69 … each year. Key Recommendations Develop budget projections for appropriations that consider prior years’ financial …
https://www.osc.ny.gov/local-government/audits/school-district/2016/02/19/wallkill-central-school-district-financial-management-2015m-294State Agencies Bulletin No. 1882
… Purpose The purpose of this bulletin is to notify agencies of the 2021 maximum salary limit for … the annual compensation limit under Section 401(a), 404(I), 408 (k) (3) (C), and 408 (k) (6) (D) (ii) will increase to $290,000 for the 2021 plan year, which is the calendar …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1882-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedDiNapoli Statement on NYC's 2025 Budget Modification
… the following statement today regarding New York City's 2025 budget modification. "New York City’s Fiscal Year 2025 budget modification raises current year spending to $115 … the following statement today regarding New York Citys 2025 budget modification …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-statement-nycs-2025-budget-modificationService Retirement Benefits – Special 20- and 25-Year Plans
… for Section 383-e? Members with 20 years or more of creditable service can retire with 50% of their Final Average Earnings (FAE) , plus an additional 1% of their FAE for each year of creditable service beyond 20, …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/service-retirement-benefitsState Agencies Bulletin No. 1527
… day suspense period, and/or have not completed seven years of NYS service as a TIAA member. Active TIAA ORP participants … in service impacts the “continuance in service” provision of Section 392(4) of the Education Law, and therefore cannot be included toward …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1527-calculating-correct-projected-366-day-completion-date-andor-projected-7Village of Hempstead -- Budget Review (B7-15-7)
… obligations to fund operating deficits to submit to the State Comptroller each year, starting with the fiscal year …
https://www.osc.ny.gov/local-government/audits/village/2015/04/10/village-hempstead-budget-review-b7-15-7