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State Agencies Bulletin No. 2162
… participated in the PEF or CSEA Certification, Licensure, and Exam Fee Reimbursement Program, or who used Empire Star … to Internal Revenue Code Section 61, certain fringe benefits such as the Certification, Licensure, and Exam Fee Reimbursement are considered taxable income. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2162-certification-licensure-and-exam-fee-reimbursement-clefr-2023NYS Common Retirement Fund Reports Second Quarter Results
… said. “We’ll continue to manage investments with prudence and a focus on long term stability and risk management that has positioned us as one of the … public pension plans.” The Fund's estimated value reflects benefits of $3.57 billion paid out to retirees and …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… solid quarter,” DiNapoli said. “Our long-term perspective and our diversified portfolio continue to cushion the Fund against volatility and help ensure sustainable returns that provide retirement … their beneficiaries.” The Fund's estimated value reflects benefits paid out during the quarter. The Fund ended its …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli: State Pension Fund Releases Annual Investment Return
… “Recent months have been trying for investors, but thanks to the state pension fund’s diverse investments, members, … increases, but the state pension fund is well positioned to weather these storms.” The Fund's value reflects … inflation, age of retirement and mortality. Integral to the Fund’s strength have been the state and local …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnAmerican Academy of Pediatrics, District II
… scope to include select payments under contracts C018189 and C022937. We sought to determine whether the expenses were bona fide and made in accordance with the contracts. Background During … (CME) credits, program materials, hotel expenses, fringe benefits allegedly paid to the Executive Director and his …
https://www.osc.ny.gov/state-agencies/audits/2014/02/28/american-academy-pediatrics-district-iiNYS Common Retirement Fund Announces Third Quarter Results
… investor, however, the Fund measures its success in years and decades, not months. We’re focused on prudent management of investments that weather volatility and provide sustainable returns and retirement security for … to come.” The Fund's estimated value reflects benefits paid out during the quarter. As of December 31, …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsBenefit Eligibility Assessment Process
… are often reversed at Fair Hearings due to insufficient case preparation or inaccurately prepared supporting … cases. To HRA: Take action to reduce the HRA Fair Hearing case preparation deficiencies noted in this report. Other …
https://www.osc.ny.gov/state-agencies/audits/2014/05/28/benefit-eligibility-assessment-processCity of Amsterdam – Budget Review (B24-5-5)
… deficits in the City’s general, transportation, sewer and recreation funds accumulated as of June 30, 2018. … which it was authorized to issue the deficit obligations, and for each subsequent fiscal year during which the deficit … personal services, contractual expenditures and employee benefits between the operating funds using unsupported …
https://www.osc.ny.gov/local-government/audits/city/2024/05/13/city-amsterdam-budget-review-b24-5-5NYS Common Retirement Fund Announces Second Quarter Results
… success, investing in ways that provide consistent returns and retirement security for our members, retirees and beneficiaries for decades to come." The Fund's estimated value reflects benefits paid out during the quarter. The Fund's audited …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsBolivar-Richburg Central School District – Internal Controls Over Selected Financial Operations (2013M-92)
… audit was to evaluate the District’s financial condition and determine if District officials established effective … of Alma, Bolivar, Clarksville, Cuba, Friendship, Genesee and Wirt, in Allegany County. The District is governed by the … and the excess amounts in reserve funds in a manner that benefits District taxpayers. Ensure that activity funds are …
https://www.osc.ny.gov/local-government/audits/school-district/2013/07/26/bolivar-richburg-central-school-district-internal-controls-over-selectedTravel Advisory No. 10
… reimbursements are no longer submitted through the Travel and Expenses module in the Statewide Financial System (SFS) and will instead be processed through PayServ. XIII.8 … OSC Payroll Bulletins Number 1691 - Educational Assistance Benefits Number 1698 - New Payroll Process and New Time Entry …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/10-gfo-updates-employee-expense-reimbursementsAssessment of Costs to Administer the Workers’ Compensation Program for the Two Fiscal Years Ended March 31, 2013
… expenses related to administration of Sections 50(5), 151, and 228 of the Workers’ Compensation Law and Section 60 of both the Volunteer Firefighters’ and the … disabilities and sickness. Coverage for these benefits, with limited exception, is to be provided by …
https://www.osc.ny.gov/state-agencies/audits/2015/04/15/assessment-costs-administer-workers-compensation-program-two-fiscal-years-ended-march-31DiNapoli: Former Non-Profit Executive Pleads Guilty to Falsifying Business Records
… altered the payroll system to increase her paid time off and lower her health insurance premiums, giving herself $5,518.77 in benefits that she was not entitled to. "Today, Jennifer … does vital work with youth, but chose to abuse this power and steal from the organization. My thanks to the Steuben …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-former-non-profit-executive-pleads-guilty-falsifying-business-recordsMedicaid Payments to Medicare Advantage Plan Providers (Follow-Up)
… Objective To determine the extent of implementation of the three … made in our initial audit report, Medicaid Payments to Medicare Advantage Plan Providers (Report 2016-S-54 ). … To determine the extent of implementation of the three …
https://www.osc.ny.gov/state-agencies/audits/2019/10/15/medicaid-payments-medicare-advantage-plan-providers-followSt. Anne Institute – Compliance With the Reimbursable Cost Manual
… (CFR) were properly calculated, adequately documented, and allowable under the State Education Department’s (SED) … personal service costs, consisting of $6,010 in salaries and $1,277 in fringe benefits for employees who were not directly related to the …
https://www.osc.ny.gov/state-agencies/audits/2019/12/10/st-anne-institute-compliance-reimbursable-cost-manualEndwell Fire District – Controls Over Financial Operations (2013M-277)
… District is a district corporation of the State, distinct and separate from the Town of Union and the County of Broome in which it is located. The Board of … the amount of unexpended surplus funds in a manner that benefits District taxpayers. Adopt a long-term capital plan …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/31/endwell-fire-district-controls-over-financial-operations-2013m-277Village of Village of the Branch – Internal Controls Over Financial Operations (2013M-43)
… is located in the Town of Smithtown, Suffolk County, and has a population of approximately 1,800. The Village is … a Board of Trustees, which comprises four elected Trustees and an elected Mayor. The Village’s operating expenditures … Revenue Service Form 1099, and does not receive any fringe benefits. During our audit period, this individual received …
https://www.osc.ny.gov/local-government/audits/village/2013/04/19/village-village-branch-internal-controls-over-financial-operations-2013m-43Metro Therapy, Inc. – Compliance With the Reimbursable Cost Manual
… Therapy) were calculated properly, documented adequately, and allowable pursuant to the State Education Department’s … Background Metro Therapy is based in Hauppauge, New York and provides Special Education Itinerant Teacher (SEIT) … $357,063 in excessive allocations of salaries and fringe benefits to the SEIT program; $185,512 in compensation paid …
https://www.osc.ny.gov/state-agencies/audits/2014/12/29/metro-therapy-inc-compliance-reimbursable-cost-manualAssessment of Costs to Administer the Workers’ Compensation Program for the Fiscal Year Ended March 31, 2014
… expenses related to the administration of Sections 50(5) and 151 of the Workers’ Compensation Law. We performed our … included in these statutes, which direct the Comptroller and the Chair of the Board to ascertain the annual amount of … disabilities and sickness. Coverage for these benefits, with limited exception, is to be provided by their …
https://www.osc.ny.gov/state-agencies/audits/2016/10/26/assessment-costs-administer-workers-compensation-program-fiscal-year-ended-march-31-2014Medicaid Overpayments for Medicare Advantage Plan Services (Follow-Up)
… Under Part C, managed care companies administer Medicare benefits and offer different health care plans (referred to as … Plan, Medicaid is generally the secondary payer and reimburses providers for financial balances not covered …
https://www.osc.ny.gov/state-agencies/audits/2020/07/01/medicaid-overpayments-medicare-advantage-plan-services-follow