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Examples – Article 14 Benefits
… not be reduced. However, the member could instead choose to begin receiving the benefit as early as age 55 with a … percent for each of the 5 years the benefit begins prior to his or her early retirement age of 60). Example: A member … not be reduced. However, the member could instead choose to begin receiving the benefit as early as age 55 with a …
https://www.osc.ny.gov/retirement/publications/1644/examplesComptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P DiNapoli today announced his office completed audits of the Town of Dansville North Queensbury Volunteer Fire Company Town of Ripley and the Sauquoit Fire District No 1
https://www.osc.ny.gov/press/releases/2014/09/comptroller-dinapoli-releases-municipal-audits-0Partial Lump Sum Payment – Regional State Park Police Plan
… a one-time lump sum payment. The lump sum payment is made when your retirement benefit is finalized. Eligibility To be eligible to choose a partial lump sum payment (PLS), you must: Retire under a special 20- or 25-year plan; Retire … a lump sum payment equal to a specific percentage of the value of your retirement benefit, as shown below. Your Single …
https://www.osc.ny.gov/retirement/publications/1867/partial-lump-sum-paymentPartial Lump Sum Payment – En-Con Police Officers Plan
… a one-time lump sum payment. The lump sum payment is made when your retirement benefit is finalized. Eligibility To be eligible to choose a partial lump sum payment (PLS), you must: Retire under a special 20- or 25-year plan; Retire … a lump sum payment equal to a specific percentage of the value of your retirement benefit, as shown below. Your Single …
https://www.osc.ny.gov/retirement/publications/1822/partial-lump-sum-paymentLength of Service Award Programs (2014-MS-1)
… ten letter reports to the following: Belgium Cold Springs Fire District [pdf] , East Greenbush Fire District No. 3 [pdf] , Holtsville Fire District [pdf] , … , Mechanicstown Fire District [pdf] , Mechanicville Fire Department [pdf] , Penn Yan Fire Department [pdf] , Walden …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2015/02/06/length-service-award-programs-2014-ms-1NYS Common Retirement Fund Announces Second Quarter Results
… quarter of state fiscal year 2016-2017 was 3.51 percent for the three-month period ending Sept. 30, 2016, with an … sustainable returns that provide retirement security for our 1.1 million members, retirees and their … quarter of state fiscal year 20162017 was 351 percent for the threemonth period ending Sept 30 2016 with an …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… York State Common Retirement Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was … to report that the Fund has reached the $200 billion milestone, during a quarter in which returns exceeded the strong performance we saw at …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsSelected Employee Travel Expenses
… Recommendations Work with the Comptroller's Division of Payroll, Accounting and Revenue Services to ensure that any …
https://www.osc.ny.gov/state-agencies/audits/2013/09/04/selected-employee-travel-expensesState Agencies Bulletin No. 2152
… This bulletin is superseded by Payroll Bulletin No. 2152.1 . Purpose: The purpose of this … regarding the outreach and escheatment of uncashed payroll checks for calendar year 2022. Affected Employees: Employees with one or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2152-outreach-and-escheatment-2022-uncashed-nys-payroll-checksDisposal of Electronic Devices
… prior to disposal and, if sending them to OGS, to certify in writing that the devices no longer contain any retrievable …
https://www.osc.ny.gov/state-agencies/audits/2013/04/25/disposal-electronic-devicesNYS Common Retirement Fund Announces Second Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return … the Fund’s estimated value to $178.3 billion, according to New York State Comptroller Thomas P. DiNapoli. “On the heels …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsCollege of Optometry – Selected Employee Travel Expenses
… the card for this purpose as a contingency, because the vendor had not received the check issued for payment. Key …
https://www.osc.ny.gov/state-agencies/audits/2013/02/14/college-optometry-selected-employee-travel-expensesVillage of Rockville Centre – Cash Receipts from Recreational Activities and Information Technology (2013M-63)
… We found that copies of back-up data are not stored in a secure off-site location, and the Board has not developed a … cash. Ensure that back-up copies of data are stored at a secure off-site location for retrieval in case of an …
https://www.osc.ny.gov/local-government/audits/village/2013/05/31/village-rockville-centre-cash-receipts-recreational-activities-and-informationAdequacy of 2021 Budgets - Otsego County (S9-21-15)
… on the financial operations of local governments across New York State. Some local governments have seen little to no … included in our review. The County is located in central New York State and includes 24 towns, nine villages, and one … Key Recommendation In consideration of the continually new and evolving impacts caused by the pandemic, County …
https://www.osc.ny.gov/local-government/audits/county/2021/05/21/adequacy-2021-budgets-otsego-county-s9-21-15Adequacy of 2021 Budgets - Jefferson County (S9-21-2)
… on the financial operations of local governments across New York State. Some local governments have seen little to no … included in our review. The County is located in northern New York State and encompasses 22 towns, 20 villages and one … Key Recommendation In consideration of the continually new and evolving impacts caused by the pandemic, County …
https://www.osc.ny.gov/local-government/audits/county/2021/05/21/adequacy-2021-budgets-jefferson-county-s9-21-2Medicaid Overpayments for Medicare Advantage Plan Services (Follow-Up)
… of implementation of the five recommendations included in our initial audit report, Medicaid Overpayments for … program. Many Medicaid recipients are also enrolled in Medicare Part C, commonly referred to as Medicare Managed … overpayments occurred because adequate controls were not in place to detect the improper claims. We recommended the …
https://www.osc.ny.gov/state-agencies/audits/2020/07/01/medicaid-overpayments-medicare-advantage-plan-services-followState Agencies Bulletin No. 1858
… information regarding the outreach and escheatment of uncashed payroll checks for calendar year 2019. Affected Employees Employees with one … to perform certain payee notification requirements: An initial outreach letter has been sent to all employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1858-outreach-escheatment-2019-uncashed-payroll-checksControls Over Unclaimed Bottle Deposits (Follow-Up)
… included in our initial audit report, Controls Over Unclaimed Bottle Deposits (Report 2016-S-96 ). Background The … 19, 2017, determined that the Department deposited all funds received into the General Fund, as required. However, …
https://www.osc.ny.gov/state-agencies/audits/2019/10/15/controls-over-unclaimed-bottle-deposits-followDiNapoli:Two Fortune 500 Retailers Agree to Increased Use of Renewable Energy
… New York State Comptroller Thomas P. DiNapoli today announced … Buy and Nordstrom have agreed to the New York State Common Retirement Fund’s (Fund) request that they increase the use …
https://www.osc.ny.gov/press/releases/2016/05/dinapolitwo-fortune-500-retailers-agree-increased-use-renewable-energyDiNapoli: Pharma Company Agrees To Bar Its Drugs From Use In State Executions
… Comptroller Thomas P. DiNapoli announced that in response to a Common Retirement Fund shareholder resolution, Akorn Pharmaceuticals is taking action to prevent its products from being used in lethal injection … that might have its products on hand for such purposes to return them. The company detailed its new policy in a …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-pharma-company-agrees-bar-its-drugs-use-state-executions