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NYS Common Retirement Fund Reports Second Quarter Results
… period ending September 30, 2018, with an estimated value of $213.2 billion, according to New York State … returns over the long-term." The Fund's estimated value reflects benefits of $5.6 billion paid out during the … of the State Fiscal Year 2018-2019. The Fund’s audited value as of the March 31, 2018 close of its fiscal year was …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsService Credit – Divorce and Your Benefits
… the ex-spouse with service earned outside the marital period even if it was purchased during the marriage. … to the ex-spouse if the DRO defines the numerator (marital period) as an exact number of months or years. If the numerator is an open date period (for example, “service earned between the date of …
https://www.osc.ny.gov/retirement/members/divorce/service-creditState Comptroller DiNapoli Releases School Audits
… Technology Inventory (Suffolk County) The district does not have a complete and accurate inventory of … year of purchase for 18 buses purchased during our audit period. During the audit, the district business manager …
https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-dinapoli-releases-school-auditsDiNapoli: New York Ranks Last in Balance of Payments With Washington
… New York leads the nation in what it pays to the federal government compared to what it gets back from Washington, according to a report … in federal spending in federal fiscal year 2019. “In what has become a familiar and troubling story for the Empire … New York leads the nation in what it pays to the federal government compared to what it …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-new-york-ranks-last-balance-payments-washingtonState Agencies Bulletin No. 1674
… for 2018 will occur on November 29, 2018, and will include all reimbursements paid by SFS from November 16, 2018 through …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1674-year-end-procedure-taxable-employee-expense-reimbursementsState Agencies Bulletin No. 1596
… Taxable travel reimbursements include: Excess Personal Car Mileage (PCM) Reimbursements Excess Per Diem Payments Non-Overnight Meal Allowances Employee … 2017 maximum rate allowed by IRS for PCM is 53.5 cents per mile effective from January 1, 2017 through December 31, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1596-year-end-procedure-taxable-employee-expense-reimbursementsState Agencies Bulletin No. 1370
… processing of the December 2014 minimum wage increase for hourly employees. Affected Employees Employees in hourly … the Laws of 2013 increased the New York State minimum wage for employees in non-governmental positions. The Director of the Budget establishes the pay rate for State seasonal and other non-statutory positions paid …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1370-december-2014-minimum-wage-increase-hourly-employeesOptional Service Credit Purchase Payments – Enhanced Reporting
… choose to purchase credit for additional previous public service, they have the option to pay the required … will receive a notification letting you know that their service credit purchase (SCP) deduction has changed. The … service credit purchase deduction amount and whether it should be taken pre-tax or after taxes. The page also …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/optional-service-credit-purchase-paymentsFrewsburg Central School District – Internal Controls Over Selected Financial Activities (2013M-327)
… accounting system are appropriately limited. Board President Larry Gauger is employed by an engineering firm … disclosed his interest in writing and abstained from voting on matters involving the firm. However, it is unclear …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/07/frewsburg-central-school-district-internal-controls-over-selectedDiNapoli Announces State Contract and Payment Actions for May 2016
… National Conference of Bar Examiners for the July 2017 bar exam materials. $626,000 with the Jacob Javits Convention … Corp. for meeting room space for the July 2016 bar exam. Governor’s Office of Employee Relations $57.5 million … $1.3 million to GCom Software Inc., and $905,000 to NTT Data Inc. $3.9 million to The Wesson Group LLC to expand …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-announces-state-contract-and-payment-actions-may-2016DiNapoli Announces New $7 Million Investment in Northern Ireland
… million (£5 million) in Northern Ireland through the Bank of Ireland Kernel Capital Growth Fund (NI). The fund, managed … established in 2013 by Invest Northern Ireland and Bank of Ireland to assist Northern Ireland based SMEs to … years to come.” Welcoming the announcement, First Minister of Northern Ireland, Arlene Foster MLA said: “This …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandDue Dates for Your ROA – Understanding Your Responsibilities: Elected & Appointed Officials
… Begins Complete Your ROA By Submit Your ROA By January 1, 2025* May 30, 2025 June 29, 2025 April 1, 2025 August 28, 2025 September 27, 2025 July 1, 2025 November 27, 2025 December 27, 2025 January 1, 2026 May 30, … 1, 2026 August 28, 2026 September 27, 2026 July 1, 2026 November 27, 2026 December 27, 2026 *For example, a county …
https://www.osc.ny.gov/retirement/members/ea-officials/due-dates-your-roaState Agencies Bulletin No. 1538
To notify agencies of the maximum contribution limits for employees enrolled in the New York State Deferred Compensation Plan for calendar year 2017
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1538-deferred-compensation-maximum-contribution-limits-calendar-year-2017State Agencies Bulletin No. 1449
To notify agencies of the maximum contribution limits for employees enrolled in the New York State Deferred Compensation Plan for calendar year 2016
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1449-deferred-compensation-maximum-contribution-limits-calendar-year-2016Alternative and Out-of-Service Death Benefits – State Police Plan
… Alternative Death Benefit If you die in service after you are eligible to … Police retirement plan (Section 381-b) had you retired on your date of death. “Pension reserve” is an actuarial term … of retirement. Out-of-Service Death Benefit If you are a vested member with at least ten years of credited service, …
https://www.osc.ny.gov/retirement/publications/1518/alternative-and-out-service-death-benefitsState Agencies Bulletin No. 1876
… Purpose The purpose of this bulletin is to notify agencies of the maximum salary limit for Tier 6 members of NYCTRS (7S), … NYSTRS or ERS are affected. Background In accordance with Senate Resolution No. 958 of Bill No. C00243, approved on …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1876-maximum-salary-limit-tier-6-members-following-retirement-systemsSUNY Bulletin No. SU-143
… be signed by the College President and forwarded to SUNY System Administration. All Discretionary Increases must be … Salary) to update any subsequent rows that appear on the employee’s Job Data record provided the employee remained in BU13. Questions Questions concerning …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-143-2008-discretionary-increases-suny-management-confidentialState Comptroller DiNapoli Releases Audits
… Medicaid payments, including: $3.7 million in overpayments for claims that were billed with incorrect information … coverage that recipients had; $3.1 million in overpayments for claims involving Medicare coverage that were incorrectly processed; and $1.3 million in overpayments for improper newborn birth claims. About $4.5 million of the …
https://www.osc.ny.gov/press/releases/2018/08/state-comptroller-dinapoli-releases-auditsDiNapoli: Woman Pleads Guilty to Theft and Must Pay Back $459K in NYS Pension and Social Security Payments
… funds and must pay back $459,050 in New York state pension and Social Security payments that were issued to her … DiNapoli said. “The defendant took advantage of our state pension fund and the Social Security Administration but as a … Minnie Smith, was an employee of the New York State Insurance Fund for 20 years until retiring in 2005. To be …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-woman-pleads-guilty-theft-and-must-pay-back-459k-nys-pension-and-social-security-paymentsNYS Common Retirement Fund Announces Third Quarter Results
… Common Retirement Fund's (Fund) estimated rate of return for the third quarter ending Dec. 31, 2013 was 5.14 percent, … Common Retirement Funds Fund estimated rate of return for the third quarter ending Dec 31 2013 was 514 percent …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-results