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State Agencies Bulletin No. 2300
… is to notify agencies of the 2025 maximum salary limit for ORP and VDC plan members. Affected Employees: Tier 1 … (C), and 408 (k) (6) (D) (ii) will increase to $350,000 for the 2025 calendar year. Effective Dates: Effective … will update PayServ to reflect the maximum salary limit for calendar year 2025. PayServ will automatically stop ORP …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2300-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntaryDiNapoli: Fiscal Stress Down Slightly in Villages
… four in “moderate fiscal stress,” and 11 as “susceptible to fiscal stress.” Last year, a total of 22 villages were … officials, however, must remain vigilant when it comes to both short- and long-term budgeting. By putting together … can remain financially stable and others can start to improve their fiscal health.” DiNapoli’s office evaluated …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-fiscal-stress-down-slightly-villagesCity of Lockport – Budget Review (B20-1-9)
The purpose of our budget review was to provide an independent evaluation of the Citys proposed budget for 2021
https://www.osc.ny.gov/local-government/audits/city/2020/11/06/city-lockport-budget-review-b20-1-9Participation in the Program – Contribution Stabilization Program
… complete and submit a Participation Request form . Forms can be submitted by: Email as an attachment to … will need to complete the Termination Request form . Forms can be submitted by: Email as an attachment to … If you have questions or need additional information, you can use our help desk form (select “Employer Billing” from …
https://www.osc.ny.gov/retirement/employers/csp/participation-programCUNY Bulletin No. CU-303
To provide instructions to agencies for the manual processing of Performance Bonus payments
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-303-performance-bonus-program-full-time-excluded-instructionalDiNapoli: Economic and Tax Collection Growth Slowing in New York City
… New York City ended its 2016 fiscal year on June 30 with an … released today by State Comptroller Thomas P. DiNapoli. “New York City’s finances have been boosted by strong economic … Read the Review of the Financial Plan of the City of New York , or go to: … New York City ended its 2016 fiscal year on June 30 with an …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-economic-and-tax-collection-growth-slowing-new-york-cityOpinion 89-7
… that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Compensation (additional … for meeting twice in one year to hear complaints in relation to assessments. You ask whether a town is required … that payment of additional compensation to a public officer beyond the amount fixed when the services were …
https://www.osc.ny.gov/legal-opinions/opinion-89-7DiNapoli Urges NYC to Continue to Prepare for Shifting Fiscal Landscape
… standards, averaging 5.3% from fiscal years 2024 through 2026, the city will have to prepare for the potential … in place pending the outcome of the city's appeal. While it has added substantial labor reserves since a year ago … Fiscal Tracking Tools Strengthening New York City's Rainy Day Fund Review of the Financial Plan of the City of New …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-urges-nyc-continue-prepare-shifting-fiscal-landscapeDiNapoli: Wall St. Profits Soared in First Half of 2020
… pretax profits reach $27.6 billion in the first six months of 2020, an 82 percent increase over the same period last … annual report on Wall St.’s performance . “An injection of federal stimulus money, plummeting interest rates and … the securities industry provides an outsized source of revenue, but the rising profits on Wall Street are …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-wall-st-profits-soared-first-half-2020DiNapoli: Temporary Federal Spending Drives Up NY’s National Ranking in States’ Balance of Payments
… Shuttered Venues Operations. In FFY 2021, federal spending on Medicaid in New York was close to $47.1 billion or $2,373 … series details the differences among the 50 states and what they pay in federal taxes and how much they receive in … FFY 2019. DiNapoli’s analysis for FFY 2020 was the first time a positive balance was reported, $146.2 billion, and …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-temporary-federal-spending-drives-nys-national-ranking-states-balance-paymentsState Agencies Bulletin No. 2017
… can be released. Background: When a passed budget is in place, OSC transmits the electronic direct deposit file on … 30, 2022, OSC is not permitted to distribute funds dated in the new fiscal year until the Legislature passes and the … Therefore, it is possible that there will be a delay in OSC’s ability to transmit the electronic file on Monday …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2017-paycheck-distribution-april-7-2022-institution-cycle-paychecksPhysical Accessibility to Programs and Services (2025MS-1)
… , Town of Woodbury Executive Summary More than one in four adults in the United States have some type of disability and more than one in 10 have a mobility disability with serious difficulty walking or climbing stairs. 1 … More than one in four adults in the United States have some type of …
https://www.osc.ny.gov/local-government/audits/city/2025/05/06/physical-accessibility-programs-and-services-2025ms-1Wall Street Bonuses and Profits Decline in 2015
… in the financial markets,” DiNapoli said. “While the cost of legal settlements appears to be easing, ongoing weaknesses … that pre-tax profits for the broker/dealer operations of New York Stock Exchange (NYSE) member firms—the traditional measure of industry profitability—declined by nearly $1.7 billion to …
https://www.osc.ny.gov/press/releases/2016/03/wall-street-bonuses-and-profits-decline-2015How the Program Works – Contribution Stabilization Program
… on fixed rate securities of appropriate duration held by the New York State Common Retirement Fund (Fund). That rate … Explaining the New York State and Local Retirement System NYSLRS …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksTown of Sidney – Budget Review (B4-16-13)
… revenue and expenditure projections in the Town’s preliminary budget for the 2017 fiscal year are reasonable. … obligations to fund operating deficits to submit their preliminary budgets for the next fiscal year to the State … in the proposed budget are reasonable. The Town’s preliminary budget complies with the property tax levy limit. …
https://www.osc.ny.gov/local-government/audits/town/2016/10/25/town-sidney-budget-review-b4-16-13True North Troy Preparatory Charter School – Enrollment and Billing (2013M-147)
… The True North Troy Preparatory Charter School, located in the City of Troy, is governed by a Board of Trustees which … comprises seven voting members. The School was established in 2008 under SUNY authorization and provides elementary education to approximately 300 students in kindergarten through eighth grades. The School’s budgeted …
https://www.osc.ny.gov/local-government/audits/charter-school/2013/08/09/true-north-troy-preparatory-charter-school-enrollment-and-billing-2013mAlternative and Out-of-Service Death Benefits – State Police Plan
… Alternative Death Benefit If you die in service after you are eligible to … service, but you have not retired, and you die less than one year after leaving public employment, your beneficiary … you were otherwise gainfully employed. If you die within one year of leaving your public employer, but were gainfully …
https://www.osc.ny.gov/retirement/publications/1518/alternative-and-out-service-death-benefitsAlternative and Out-of-Service Death Benefits – Special 20- and 25-Year Plans
… Section 384 or Section 384-e) had you retired on your date of death. “Pension reserve” is an actuarial term for the value of your retirement benefit at the time of retirement. Out-of-Service Death Benefit If you are a …
https://www.osc.ny.gov/retirement/publications/1517/alternative-and-out-service-death-benefitsPort Washington Union Free School District – Claims Processing and Inventories (2016M-263)
… Purpose of Audit The purpose of our audit was to evaluate District controls … that the claims auditor received the necessary training to carry out the claims audit policy. A count of all stored …
https://www.osc.ny.gov/local-government/audits/school-district/2016/10/28/port-washington-union-free-school-district-claims-processing-andState Agencies Bulletin No. 2087
… 6 members of the ORP and VDC are affected. Background In accordance with Section 415 of the Internal Revenue code, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2087-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntary