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State Agencies Bulletin No. 2296
… State Deferred Compensation Plan for the calendar year 2025 Background: Pursuant to IRS IR-2024-285, released on … for employees aged 50 and over remains at $7,500 for 2025 for a combined maximum contribution limit of $31,000 in … questions regarding annual and applicable catch-up limits, may be directed to the New York State Deferred Compensation …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2296-deferred-compensation-maximum-contributions-limits-calendar-year-2025DiNapoli Releases Bond Calendar for Fourth Quarter
… for November, of which $860 million is new money and $70 million is refundings or reofferings. $1.55 billion … public authorities. All borrowings are scheduled at the request of the issuer and done pursuant to their … The detailed forward issuance calendar can be obtained at: www.osc.state.ny.us/pension/scccalendar.pdf For access to …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-releases-bond-calendar-fourth-quarterIgnition Interlock Program Monitoring (2015-MS-4)
… either installed the IIDs late or did not install them at all; and did not report 50 cases at all (in Cortland, Erie, Montgomery, Otsego, Suffolk and … attorneys of operators with negative IID activity. Of the 70 cases with negative IID activity, 55 were either not …
https://www.osc.ny.gov/local-government/audits/county/2016/04/25/ignition-interlock-program-monitoring-2015-ms-4Village of Wappingers Falls – Board Oversight (2023M-70)
Determine whether the Village of Wappingers Falls (Village) Board of Trustees (Board) provided adequate oversight over financial operations and capital projects.
https://www.osc.ny.gov/files/local-government/audits/2023/pdf/wappingers-falls-village-2023-70.pdfDisability Retirement – Divorce and Your Benefits
… a member’s disability retirement benefit is subject to equitable distribution is an issue for the Court. Many … by NYSLRS do not use service credit at retirement to determine a member’s pension benefit. Instead, the pension is a fixed percentage …
https://www.osc.ny.gov/retirement/members/divorce/disability-retirementDiNapoli: Stony Brook University Hospital Failed to Comply With Contracting and Hiring Rules
… Health Information Management Department repeatedly failed to comply with state guidelines and university policies related to contracting, vendor monitoring, and hiring or promotions, … possibly costing taxpayers nearly $1 million, according to an audit released today by New York State Comptroller …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-stony-brook-university-hospital-failed-comply-contracting-and-hiring-rulesLife Changes: What If I Work After Retirement?
… or Boards of Cooperative Educational Services (BOCES) is suspended through June 30, 2025 (April 2024 legislation … rest of that calendar year. Please contact us to find out what the limit is before taking the position. A “former … retirees. How Your Benefits Are Affected Tier 3, 4, 5 and 6 retirees may rejoin immediately and return to their …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-work-after-retirementState Comptroller DiNapoli Releases Audits
… misclassification of costs led to questionable payments of at least $82.3 million. Department of Health: Ambulatory … with disabilities who are between three and five years of age. For the three fiscal years ended June 30, 2015, auditors … with disabilities who are between three and five years of age. For the fiscal year ended June 30, 2015, auditors …
https://www.osc.ny.gov/press/releases/2017/10/state-comptroller-dinapoli-releases-audits-0DiNapoli: Texas Woman Charged with Stealing Over $65,000 in NYS Pension Payments
… lengths to cover up the death of an acquaintance to line her own pockets,” DiNapoli said. “Thanks to the work of my … would continue to receive payments if he died before her. William Walsh died in October 2005. Mary Walsh died in … death the pension payments should have stopped. Instead, her death was never reported to the New York state retirement …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-texas-woman-charged-stealing-over-65000-nys-pension-paymentsAccidental Death Benefit – Article 14 Benefits
… Eligibility Regardless of your years of service credit, if you die as the natural and proximate result of an … equal to one-half (50 percent) of your FAS and is eligible for full escalation. ( Learn more about escalation. ) The … in any one category if you have more than one child, parent or other dependent. If the total of all the …
https://www.osc.ny.gov/retirement/publications/1644/accidental-death-benefitTown of Red Hook - Financial Condition (2018M-171)
… policy that allowed for unexpended surplus funds of up to 70 percent of annual expenditures. The policy did not define …
https://www.osc.ny.gov/local-government/audits/town/2018/11/02/town-red-hook-financial-condition-2018m-171Review of Real Property Holdings for Disposal (Follow-Up)
… recommendations made in our initial report, Review of Real Property Holdings for Disposal ( 2010-S-48 ). Background Our … of Transportation (Department) was not reviewing its real property holdings to identify properties for sale or …
https://www.osc.ny.gov/state-agencies/audits/2015/04/07/review-real-property-holdings-disposal-followTown of Alexandria - Redwood Water and Sewer District Charges (2019M-90)
… in the water and sewer ordinances did not conform to applicable State law. We reviewed water and sewer billings … during our audit period, but officials have taken measures to obtain more reliable readings. Key Recommendations Update the ordinances to clearly define and specify all charges and ensure they …
https://www.osc.ny.gov/local-government/audits/town/2019/12/13/town-alexandria-redwood-water-and-sewer-district-charges-2019m-90City of Middletown - Information Technology (2018M-235)
… use and online banking. Develop written procedures for managing system access that include periodically …
https://www.osc.ny.gov/local-government/audits/city/2020/01/03/city-middletown-information-technology-2018m-235Pearl River Union Free School District – Fixed Assets (2022M-126)
… Audit Objective Determine whether Pearl River Union Free School District (District) officials properly monitored and accounted for fixed assets. Key Findings District officials did not …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/18/pearl-river-union-free-school-district-fixed-assets-2022m-126Access to Preschool Special Education Services
… Providing special education programs and services at an early age helps prepare a child with a disability to enter school … time frames or, in some cases, may not be receiving them at all. Students are waitlisted for services that districts …
https://www.osc.ny.gov/state-agencies/audits/2024/12/05/access-preschool-special-education-servicesNYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Fund's (Fund) overall estimated value in the first … annual investment return. About the New York State Common Retirement Fund The New York State Common Retirement Fund …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsOversight of Procurements and Loan Programs
… facility. DANC’s operations provide services to customers at Fort Drum and in surrounding counties. DANC has partnered … audit period, DANC also received payments on a total of 70 loans it had awarded for various purposes, including …
https://www.osc.ny.gov/state-agencies/audits/2015/08/04/oversight-procurements-and-loan-programsTown of Phelps – Financial Management (2015M-70)
The purpose of our audit was to review the Towns financial management practices for the period January 1 2011 through March 27 2015
https://www.osc.ny.gov/local-government/audits/town/2015/07/31/town-phelps-financial-management-2015m-70State Comptroller DiNapoli Releases Municipal Audits
… – Claims Processing (Dutchess County) Auditors reviewed 70 check disbursements and corresponding claims totaling … supporting documentation. These claims were for purchases at a local delicatessen and a repair shop and two credit card … discussed with town officials, water customers were billed at the correct rates and the payments were properly …
https://www.osc.ny.gov/press/releases/2017/02/state-comptroller-dinapoli-releases-municipal-audits