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Tier 2, 3, 5 and 6 Death Benefits – New Career Plan
… the greater benefit in almost all cases. Death benefit two is equal to your salary multiplied by your years of service, … by 3 percent each year you continue to be in service. It will not be reduced below 70 percent of the original … be 10 percent of the ordinary death benefit that would have been payable at age 60, if any, or at retirement, …
https://www.osc.ny.gov/retirement/publications/1515/tier-2-3-5-and-6-death-benefitsTier 2, 3, 5 and 6 Death Benefits – Non-Contributory Plan with Guaranteed Benefits
… benefit in almost all cases. Death benefit two is equal to your salary multiplied by your years of service, not to exceed three years of salary. For example, if you die … of service, your beneficiary would receive a benefit equal to one year of your salary; if you die after two years, your …
https://www.osc.ny.gov/retirement/publications/1513/tier-2-3-5-and-6-death-benefitsUnexpected Delays and Events
… To determine if the Long Island Rail Road has plans to address unexpected delays or events, including addressing the needs of its passengers and reassessing and revising its plans … a State public authority created under Article 5, Title 11 of the Public Authorities Law. One of six MTA constituent …
https://www.osc.ny.gov/state-agencies/audits/2019/02/27/unexpected-delays-and-eventsFinancial Condition and Outlook
… 8,000 faculty and staff and is the fourth largest employer in Brooklyn. It reported expenses for the year ended June 30, … three facilities: University Hospital of Brooklyn located in East Flatbush, Brooklyn; University Hospital at Long Island College Hospital (LICH) located in Cobble Hill, Brooklyn; and SUNY Downstate at Bay Ridge …
https://www.osc.ny.gov/state-agencies/audits/2013/01/17/financial-condition-and-outlookAmortization Schedules and Payoffs – Contribution Stabilization Program
… associated with that amortization, including the effective date, maturity date, interest rate, payment amount and payment schedule. You … From the Billing Dashboard, click the “Amortization Payoff Calculator” link. Click the “Search” button. In the list of …
https://www.osc.ny.gov/retirement/employers/csp/amortization-schedules-and-payoffsHazard Mitigation and Coordination
… Management (NYCEM) adequately monitors and coordinates with New York City agencies for natural hazard mitigation, … and private infrastructure, and left many New Yorkers with limited access to food, drinking water, health care, and … Made up of several combined storms, it was one of the most damaging hurricanes ever to make landfall in the United …
https://www.osc.ny.gov/state-agencies/audits/2022/10/25/hazard-mitigation-and-coordinationEconomic and Demographic Trends – 2022 Financial Condition Report
… over 226,000 jobs, an increase of 2.6 percent compared to growth nationally of 5.6 percent. Employment in the State … State’s unemployment rate fell from 9.9 percent in 2020 to 6.9 percent in 2021. The leisure and hospitality sector, … and insurance sector had the largest growth (13.3 percent) due, in part, to large growth in bonuses paid in the first …
https://www.osc.ny.gov/reports/finance/2022-fcr/economic-and-demographic-trendsElementary and Secondary Education – 2022 Financial Condition Report
… including $1.6 billion from the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), $4.4 billion from the … Rescue Plan Act (ARP Act). Federal pandemic relief for K-12 education is expected to run through SFY 2024-25. In … compared to a 1.4 percent increase the previous year. The number of voters increased by approximately 120,000 for SY …
https://www.osc.ny.gov/reports/finance/2022-fcr/elementary-and-secondary-educationEnvironment, Energy and Agriculture – 2022 Financial Condition Report
… in 1993, the EPF: Provides an ongoing source of primarily pay-as-you-go funding to address the State’s environmental … at which renewable energy projects are required to pay prevailing wages from five megawatts to one megawatt. …
https://www.osc.ny.gov/reports/finance/2022-fcr/environment-energy-and-agricultureCapital Planning and Maintenance
… Purpose To determine whether the Ogdensburg Bridge and Port Authority … and Heavy Industrial Parks. The assets operate in tandem to advance the Authority’s mission, which is to create sound …
https://www.osc.ny.gov/state-agencies/audits/2016/04/08/capital-planning-and-maintenanceXVI.4.A Cash and Investments – XVI. Financial Reporting
… Policy References: GASB Statement No. 40 – Deposit and Investment Risk Disclosures (an amendment of GASB Statement … its own benefit and as an agent for other parties. Major investment programs conducted for the direct benefit of the State include the Short Term Investment Pool (STIP) which is used for the temporary …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4a-cash-and-investmentsEconomic and Demographic Trends – 2023 Financial Condition Report
… over 443,000 jobs, an increase of 5 percent compared to growth nationally of 7.3 percent. Employment in the State … The State’s unemployment rate fell from 7 percent in 2021 to 4.3 percent in 2022. The leisure and hospitality sector … Growth in 2022 Personal income in 2022 grew by 0.8 percent due, in part, to the expiration of economic impact payments …
https://www.osc.ny.gov/reports/finance/2023-fcr/economic-and-demographic-trendsElementary and Secondary Education – 2023 Financial Condition Report
… relief for K-12 education is expected to run through SFY 2024-25. In SFY 2022-23, the $4.2 billion of federal COVID-19 … Nation in Per Pupil Spending For the 2020-21 school year (SY), the most recent year for which data are available, New … profiles and regional costs, among other factors. In SY 2019-20, 56.1 percent of K-12 students were certified for …
https://www.osc.ny.gov/reports/finance/2023-fcr/elementary-and-secondary-educationEnvironment, Energy and Agriculture – 2023 Financial Condition Report
… Environmental Conservation (DEC) In SFY 2022-23, DEC All Funds spending totaled $1.5 billion, an increase of $135.3 … Greenhouse Gas Initiative. … In SFY 202223 DEC All Funds spending totaled $15 billion an increase of $1353 …
https://www.osc.ny.gov/reports/finance/2023-fcr/environment-energy-and-agriculturePrivacy and Links Policy
… to protecting your privacy when you access our website and the online services we offer. Consistent with New York … concerning a natural person which, because of name, number, symbol, mark, or other identifier, can be used to … request). We use information you provide, such as your email address, only to send you information that you have …
https://www.osc.ny.gov/online-services/privacy-and-links-policyEconomic and Demographic Trends – 2021 Financial Condition Report
… Employment Statewide Declined in 2020 Due to the COVID-19 Pandemic In calendar year 2020, the State lost over 955,000 jobs, a decrease of 10.0 … New York ranked second among the states for job losses in 2020; California ranked highest with a decline of over 1.25 …
https://www.osc.ny.gov/reports/finance/2021-fcr/economic-and-demographic-trendsElementary and Secondary Education – 2021 Financial Condition Report
… teaching to remote formats. As of October 2020, the State Education Department reported that over 90 percent of … education is expected to run through SFY 2024-25. New York State Ranks Highest in Nation in Per Pupil Spending For the 2018-19 school year,* New York State was the highest among the states in per-pupil …
https://www.osc.ny.gov/reports/finance/2021-fcr/elementary-and-secondary-educationEnvironment, Energy and Agriculture – 2021 Financial Condition Report
… source of primarily pay-as-you-go funding to address the State’s environmental needs. Appropriations to the EPF have … for SFY 2021-22 authorized a bond act to be considered by voters at the ballot box in November of 2022 entitled the …
https://www.osc.ny.gov/reports/finance/2021-fcr/environment-energy-and-agricultureCareer and Technical Education
… Objective To determine if the New York City (NYC or City) Department of Education (DOE) is aligning Career and Technical Education (CTE) programs at the high … requirements to grant students a fair and equal opportunity to apply to and gain acceptance to CTE programs. …
https://www.osc.ny.gov/state-agencies/audits/2021/05/20/career-and-technical-educationWork-Related and Non-Work-Related Activities – Understanding Your Responsibilities: Elected & Appointed Officials
… municipality (e.g., wedding ceremonies) (Rev. 9/19) … A guide to the requirements that ensure elected or appointed …
https://www.osc.ny.gov/retirement/members/ea-officials/work-related-and-non-work-related-activities