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State Agencies Bulletin No. 961
… in TRS. Affected Employees Employees who first join TRS on or after January 1, 2010 Effective Date(s) January 1, 2010 Background On December 10, 2009, the Governor signed into law pension … requirement Overtime compensation in excess of an annual ceiling is not considered pensionable earnings and is not …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/961-new-tier-5-benefit-structure-new-york-state-teachers-retirement-systemPension Payment Option Election – Divorce and Your Benefits
… At retirement, a member must elect a pension payment option, which determines how the retirement benefit will be paid. There are several options that a member can choose from. All options will pay … receive a reduced monthly amount to provide for a possible payment to a designated beneficiary after their death. …
https://www.osc.ny.gov/retirement/members/divorce/pension-payment-option-electionNew York’s Economy and Finances in the COVID-19 Era
… 3.9 percent from the previous year to $37,600 as of June 2020, according to newly available data from the Federal … in New York and other states. Student Loan Debt by State, 2020 (Table) Average Amount Owed Percentage of Borrowers … 9% Debt among borrowers with outstanding balances in June 2020. Delinquent borrowers have payments that are late 90 …
https://www.osc.ny.gov/reports/covid-19-january-7-2021DiNapoli: New York's Drinking Water Infrastructure Needs Fixing
… New York's water systems may require nearly $40 billion in repairs and … by State Comptroller Thomas P. DiNapoli. "Many drinking water systems in New York are over 100 years old and … life," DiNapoli said. "Too many places are dealing with water main breaks, leaks, contaminated drinking water and …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-new-yorks-drinking-water-infrastructure-needs-fixingDiNapoli: Money Earmarked for Highway and Bridge Infrastructure Siphoned Off
… shows the problems have gotten worse. DHBTF spending for capital projects declined between state fiscal year (SFY) … 17 cents of every dollar spent from DHBTF supported a new capital investment. “New York is at a crossroads. Far too … on operational costs. There are four major sources of revenue in the DHBTF: taxes and fees, bond proceeds, …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-money-earmarked-highway-and-bridge-infrastructure-siphoned-offState Comptroller DiNapoli Releases State Audits
… established 210 days as the expected time required for installers to complete most projects, and an extension … inspections of the initial three jobs for some new installers, nor has it documented the reasons for the …
https://www.osc.ny.gov/press/releases/2016/09/state-comptroller-dinapoli-releases-state-auditsOpinion 89-21
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. … highway (see 1959 Opns St Comp, No. 59-589, unreported; 4 Opns St Comp, 1948 p 360, 3 Opns St Comp, 1947 p 88; see … on line between two towns divided into districts and each district considered as belonging to town to which allotted …
https://www.osc.ny.gov/legal-opinions/opinion-89-21DiNapoli: Fast-Track Payment Program Returns $48 Million in Unclaimed Funds
… expedite unclaimed funds payments of up to $250, with no claim required, has been incredibly successful,” McDonald … amount that can be returned without the filing of a formal claim, contingent upon rigorous verification of rightful … in the mail, they can verify it by entering the Claim ID at: osc.ny.gov/verify . There is never a fee to collect …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-fast-track-payment-program-returns-48-million-unclaimed-fundsDiNapoli Op-Ed: Act on Proposal to Help State & Local Governments Pay for Retiree Health Care
… they retire. The state Legislature should act now or the cost to taxpayers will only grow. Most state and local … future generations of taxpayers pay for them. This is a cost of doing business, but we cannot keep making a promise … The numbers are daunting, but there is an even steeper cost for doing nothing. Establishing an OPEB trust fund for …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-op-ed-act-proposal-help-state-local-governments-pay-retiree-health-careDiNapoli: Statewide Local Sales Tax Collections Declined 10 Percent in 2020
… Local government sales tax collections declined by 10 percent overall in 2020, or $1.8 billion, compared to the … than the drop during the Great Recession, when local sales tax collections fell 6 percent statewide in 2009 … Local government sales tax collections declined by 10 percent overall in 2020 …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-statewide-local-sales-tax-collections-declined-10-percent-2020DiNapoli Report Highlights MTA's Significant Needs
… A report released today by New York State Comptroller Thomas P. … In its October 2023 Needs Assessment (2025-2044) Report, the MTA's first since 2013, it departed from prior … rate, could improve service reliability, DiNapoli’s report notes. Contractor problems and pandemic-related delays …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-report-highlights-mtas-significant-needsSUNY Bulletin No. SU-274
… with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the two-year look back Affected … Department ID for the calendar year entered. If the query results in multiple rows for an employee, the earnings from … Date field. Enter the employee’s Date of Membership in the Election Date field. The same election date should be carried …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-274-two-year-look-back-tier-6-suny-optional-retirement-planState Agencies Bulletin No. 1157
… employed by the Unified Court System and enrolled in the NY State Employees Retirement System 7Y. The contributions … System entry (Plan Type 7W) for Tier 6 remains an after tax deduction and is entered as PAFAT6. Enter “6” in the Tier …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1157-new-tier-6-benefit-structure-enrollment-following-retirement-systemsArea #7 – Access Controls – Information Technology Governance
… prescribe who or what computer process may have access to a specific IT resource, such as a particular software … with that account should be moved to a secure file server for analysis by IT or management personnel. Where … and use their own network user accounts (usernames and passwords). Likewise, to help ensure individual …
https://www.osc.ny.gov/local-government/publications/it-governance/area-7-access-controlsDiNapoli: Rising Costs Hitting Homeowners & Renters Statewide
… with more than half of renters and more than a third of homeowners paying at least 30 percent of their 2012 income … in 2000 to 50.6 percent in 2012, while the percentage of homeowners above the affordability level rose from 26.4 in … As of 2012, nearly 28 percent of renters and 15 percent of homeowners paid housing costs that were at least half of …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-rising-costs-hitting-homeowners-renters-statewideOpinion 99-9
… and tuition expenses of its city attorney for attending a course at a conference for municipal officials that relates … legal education ("CLE") credit for attending the course, if the cost to the city is the same irrespective of … in addition to fees payable by others who attend the same course. Such additional tuition may be paid as part of the …
https://www.osc.ny.gov/legal-opinions/opinion-99-9New Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… one-third of the subway fleet is now more than 30 years old and about 40 percent of the signals in the system are more than 50 years old. The sharp growth in subway ridership over the past 15 … plants in the subway system are more than 50 years old and have never been rehabilitated, including five that …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesX.4.A Identifying Information – X. Guide to Vendor/Customer Management
… Veterans, Gold Star Parent, Master Teacher, receivers of loan forgiveness monies, receivers of settlements or awards) … (e.g., Refund, Debt Service, Cash Advance, Payroll, Land Claims) Yes Vendors already in the vendor file in April … government program associated with the certification. (See chart below for current certifications.) Current …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x4a-identifying-informationNew York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the State’s economy and finances. Subscribe to get the latest … Still Above 1 Million After losing more than 1.9 million jobs in March and April, New York State saw steady gains, …
https://www.osc.ny.gov/reports/covid-19-december-2-2020SUNY Bulletin No. SU-317
… date). Employees receiving a 0.5% allocated to compression do not need to be on the payroll at the time of payment. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-317-2021-uup-discretionary-increases