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Ordinary Disability (Section 362) – New Career Plan
… must select an option for the payment of your disability benefits . Filing You, your employer or someone authorized … Are last paid on the payroll; Are last on an authorized medical leave of absence for up to two years (which may be … employment while receiving those benefits. … New Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Borrowing Against Your Contributions – New Career Plan
… If you meet eligibility requirements, you may take a loan from … your contributions: You must be in active service and have one year of member service credit. You repay each … could result in significant tax consequences for you. You do not make the required payments on your loan at least once …
https://www.osc.ny.gov/retirement/publications/1515/borrowing-against-your-contributionsRetiring Before Age 62 – New Career Plan
… Tier 2, 3, 5 and 6 members who retire before age 62 will have their benefit reduced by the percentages shown below: Age at Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 … New …
https://www.osc.ny.gov/retirement/publications/1515/retiring-age-62Contributing Toward Your Retirement – New Career Plan
… to the Retirement System. These contributions, plus the interest they earn, will provide you with an annuity … on January 9, 2010, and is still in effect on the date of membership, may not contribute. Tier 6 Members As a Tier 6 … on January 9, 2010, and is still in effect on the date of membership, may not contribute. … New Career Plan information …
https://www.osc.ny.gov/retirement/publications/1515/contributing-toward-your-retirementStay Informed – New Career Plan
… to retire. Subscribe to our blog, New York Retirement News , where you’ll find tools to help you understand your benefits, as well as important retirement news. Like us on Facebook and follow us on Twitter for quick … updates on a variety of retirement topics. Sign up for E-News , our email newsletter, for the latest NYSLRS news and …
https://www.osc.ny.gov/retirement/publications/1515/stay-informedDiNapoli Report Highlights Local Government Reliance on Federal Aid
… issued a report today detailing the impact of federal aid on New York's municipalities and school districts. In … New York City received $4.7 billion in direct federal aid. Separately, New York City received $7 billion, of which … schools. "Local governments receive much-needed federal aid that supports our schools, fixes our roads and keeps our …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-report-highlights-local-government-reliance-federal-aidOversight of Afterschool and Summer Youth Employment Contracts
… Objectives To determine whether the New York City Department of Youth & Community Development (Department) effectively … earlier (some had been on a waiting list for months). Some parents reported paying a fee that ranged between $100 to …
https://www.osc.ny.gov/state-agencies/audits/2019/06/28/oversight-afterschool-and-summer-youth-employment-contractsCompliance With Special Education Requirements – Evaluations
… (Regulations) stipulate procedural requirements for the referral, evaluation, Individualized Education Program (IEP) … addressed in a separate audit) – includes the following: Referral: A parent/guardian,** school personnel, or … completion of the evaluation, of the 17,454 students whose referral culminated in an IEP meeting, 5,102 (29.2 percent) …
https://www.osc.ny.gov/state-agencies/audits/2019/05/16/compliance-special-education-requirements-evaluationsState Agencies Bulletin No. 1736
… Purpose To inform agencies of the new Additional Pay Earnings Codes, automatic processing for the bi-weekly Security Services Hazardous Duty Pay, and to provide instructions for payments not … processing of the Security Services Hazardous Duty Pay is completed, the following Control-D report will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1736-new-security-services-hazardous-duty-pay-arbitration-eligible-bu01-andComptroller DiNapoli: 26 School Districts in Fiscal Stress
… stress last year, many of the entities in this year’s list have changed. Only 12 were designated as stressed in … Island and the Southern Tier as those having comparatively high percentages of districts in fiscal stress. The scores … 28, 2018. Today’s announcement does not include scores for the dependent school districts in the “Big Four” cities …
https://www.osc.ny.gov/press/releases/2019/01/comptroller-dinapoli-26-school-districts-fiscal-stressDiNapoli: 26 School Districts in Fiscal Stress
… officials should remain vigilant and carefully consider how their budgeting decisions will affect their long-term fiscal condition and local taxpayers," DiNapoli … Department as of Dec. 29, 2017. Today's announcement does not include scores for the dependent school districts in …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-26-school-districts-fiscal-stressCUNY Bulletin No. CU-309
… that CUNY employees may now elect to participate in the New York State Deferred Compensation Plan. Background The … New York has approved the participation of the University’s employees in the State of New York’s Deferred Compensation … who currently administers the 457 Plan is Nationwide Retirement Solutions (NRS). Affected Employees All CUNY …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-309-cuny-employees-eligible-participate-new-york-state-deferredOversight and Monitoring of the Universal Pre-Kindergarten Program
… Objective To determine the adequacy of the New York City Department of Education’s (DOE) monitoring of … (UPK) programs’ compliance with applicable health, safety, and financial reporting requirements. Our audit scope covered … require buildings and classrooms used for UPK to be safe and to comply with applicable fire safety, health, and …
https://www.osc.ny.gov/state-agencies/audits/2019/06/07/oversight-and-monitoring-universal-pre-kindergarten-programLocal Government Interactive Data
… to view and analyze a tenyear window of New York State local government finances …
https://www.osc.ny.gov/local-government/interactive-dataSecurity Longevity/Anniversary Date Calculator
… Use the Security Longevity/Anniversary Date Calculator to determine the new longevity/anniversary date … and Bargaining Agreements for additional information. Calculator Instructions : Enter the First Date of Leave, … Date, and click Calculate . … Use this calculator to determine the new longevityanniversary date …
https://www.osc.ny.gov/state-agencies/payroll/security-longevity-calculatorDiNapoli Statement on the Passing of Reverend Dr. Calvin O. Butts III
… He was an educator, dedicated to the students of SUNY Old Westbury. I will miss his friendship and pray for his …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-statement-passing-reverend-dr-calvin-o-butts-iiiXIV.7 Monitoring Payments Made to Vendors – XIV. Special Procedures
… charged to your Business Unit are correct. It will alert your staff to errors that may have been made when the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv7-monitoring-payments-made-vendorsXIV.3.C Distribution of STIP Investment Earnings – XIV. Special Procedures
… governed by §98-a of the State Finance Law which provides in relevant part that all income received on any moneys … daily balance during the preceding month. Eligible funds will be credited STIP interest at the fund, project and … entries. In no instance shall interest in excess of what was considered earned to the fund or project be moved. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earningsDiNapoli Announces Results of General Obligation Bond Sale: $329,225,000 Awarded
… into favorable pricing for the state.” The winning bids were as follows: Series 2015A Tax-Exempt Bonds to … cost bid of 1.743774 percent. The state received eight bids for the $142.6 million of tax-exempt new money bonds. … Bonds will mature over 30 years. The state received seven bids for the $5.6 million of taxable new money bonds. The net …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-announces-results-general-obligation-bond-sale-329225000-awardedLocal Sales Tax Collections Grew by Over 9% in January Compared to Last Year
… $1.89 billion, up $159 million compared to the same time last year. “As we head into a new year, local sales tax … DiNapoli said. “Consumer spending and a strong labor market have buoyed sales tax growth even as prices remain …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-over-9-percent-january-compared-last-year