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Borrowing Against Your Contributions – Special 20- and 25-Year Plans
… and interest within five years. Loans are repaid through payroll deductions. You may borrow only once in any 90-day … least 2 percent of your earnings. Loans are repaid through payroll deductions. You may borrow only once in any 12-month …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsXIV.15 Updating Agency Contacts – XIV. Special Procedures
… compliance with applicable state, federal, and city tax laws and numerous collective bargaining agreements, and …
https://www.osc.ny.gov/state-agencies/chapter-xiv15/xiv15-updating-agency-contactsCost-Saving Ideas: Containing Employee Health Insurance Costs
… the right coverage for your employees. Offer Cash Payment In Lieu of Health Benefits For employees who have coverage … healthcare costs above a certain amount. Contact other local governments that self-fund their health insurance to … Office of the State Comptroller: Cost-Containment Strategies for New York State’s Local Governments Research …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-containing-employee-health-insurance-costsDiNapoli: Audit Reveals Problems with Volunteer Firefighters’ Benefit Program
… Approximately 600 fire districts and municipalities across the state have established LOSAP for their volunteers. “The … a troubled past, and it is important that local officials know the rules and keep a tight handle on reporting.” The … LOSAP point systems are developed locally and specify how volunteers earn service credit. State law outlines what …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-audit-reveals-problems-volunteer-firefighters-benefit-programDiNapoli Op-Ed: New York Needs to Boost Financial Education in Our Schools
… high school. New York should get with the program. I issued an Executive Order on Financial Literacy in 2019 … financial ends meet than people with lower financial know-how. In New York state, during last year’s legislative … Adding financial education to New York’s curriculum can be successfully implemented, as evidenced by some of our …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-op-ed-new-york-needs-boost-financial-education-our-schoolsI.5 OSC Bureau Contact Information – I. OSC Guide to Financial Operations Overview
… DESK The SFS Help Desk is the central point-of-contact for system-related questions and problems of a technical nature for SFS users. The SFS Help Desk will provide first-call, … OPERATIONS Agencies should contact the SFS Help Desk for assistance regarding the policies and practices of New …
https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i5-osc-bureau-contact-informationVII.9 Overview – VII. State Revenues and Appropriated Loan Receivables
… will be paid from Federal and other dedicated revenue funds of the State. Fringe Benefits costs refer to those … and the State's contribution to the Employee Benefit Funds pursuant to agreements with the various bargaining … for assessing, collecting and making payments from funds of the State are included in various statutes of the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9-overviewVII.9 Fringe Benefits and Indirect Costs – VII. State Revenues and Appropriated Loan Receivables
… will be paid from Federal and other dedicated revenue funds of the State. Fringe Benefits costs refer to those … and the State's contribution to the Employee Benefit Funds pursuant to agreements with the various bargaining … for assessing, collecting and making payments from funds of the State are included in various statutes of the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9-fringe-benefits-and-indirect-costsState Agencies Bulletin No. 1761
… Purpose The purpose of this bulletin is to inform agencies that … valid chart of account strings. If the chartfield string is lapsing on 09/13/2019, agencies must insert a new row into …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1761-sfs-chartfield-strings-payserv-09132019-09272019-lapse-datesOverview – Membership and Enrollment
… New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in the United States with … and beneficiaries. NYSLRS has long been recognized as one of the best-managed and best-funded public retirement systems … The Police and Fire Retirement System (PFRS). Benefits of NYSLRS Membership NYSLRS membership provides many benefits …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewCybersecurity Risk Management – Part 1
This webinar will walk through key aspects of the risk management process, including defining what cybersecurity risk is and discussing information security models and internal and security controls that can be implemented to help mitigate those risks.
https://www.osc.ny.gov/files/local-government/academy/pdf/cybersecurity-risk-management-100224.pdfAlternate Contribution Stabilization Program
… Overview Legislation enacted as part of the State budget (Chapter 57, Part BB, Laws of 2013) … Request form. (Return to Top) Program Participation and Withdrawal This program is closed to new entrants. … 27.7 24.5 27.8 2025 31.1 25.0 31.2 Under this program, no money is taken from the New York State Common Retirement …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programEDSS - Procurement Record Help
… require for my Procurement Record? Depending on the type of Procurement Record type selected, a list of suggested documents will display on the “Attach” page of EDSS. What are the Procurement Record types? Based on the …
https://www.osc.ny.gov/state-agencies/contracts/edss-procurement-record-helpDiNapoli: Transparency Needed as NYC Moves Forward with Difficult Budget Choices
… “While the city’s financial condition entering this fiscal year was strong, unfunded programs and the unprecedented … fiscal conditions may not last. As of city fiscal year (FY) 2022, approximately 40% of the city’s spending was … for more than three-fifths of projected spending for that year (about $69 billion, excluding budgetary reserves). About …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-transparency-needed-nyc-moves-forward-difficult-budget-choicesDiNapoli: 27 NY Local Governments Persistently Delinquent in Filing Required Financial Data to the State
… governments are three or more years delinquent in meeting one or more annual financial reporting requirements. “While … and fund balance. There are 20 local governments – two cities (Mount Vernon and Rensselaer), 11 towns and 7 … to calculate the tax limit. Three local governments – two villages and the City of Poughkeepsie – have failed to …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-27-ny-local-governments-persistently-delinquent-filing-required-financial-data-stateAccounts Payable Advisory No. 21
… Guidance: This advisory is to inform Business Units of new guidelines for referencing a Master Contract ID on a …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/21-master-contractsEDSS - Release Notes
… now accepts Contract Reporter Exemption Requests (CRERs) for review and approval Limited Funding Requests are now a … to existing features Negative amounts can be entered for Procurement Record amendments Re-labeled amount field for new Procurement Records. Procurement Amount Grand Total …
https://www.osc.ny.gov/state-agencies/contracts/edss-release-notesOverview – World Trade Center Presumption
… If you participated in the World Trade Center rescue, recovery or cleanup efforts, you … about laws that may apply to those who participated in World Trade Center rescue recovery or cleanup efforts …
https://www.osc.ny.gov/retirement/publications/world-trade-center/overviewVIII.1.A Accounts Payable Journal Vouchers – VIII. Accounts Payable Journal Vouchers & General Ledger Journal Entries
… must be submitted on a General Ledger Journal Entry. See Section 1.C – Expenditure Transfers of this Chapter. See Section 1 – Accounts Payable Journal Vouchers & General …
https://www.osc.ny.gov/state-agencies/gfo/chapter-viii/viii1a-accounts-payable-journal-vouchersX.4.C Contacts – X. Guide to Vendor/Customer Management
… primary contact is the contact on the vendor’s Substitute W-9 form. The vendor’s primary contact must be someone that can …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x4c-contacts