Search
Receiving Your Benefit and Filing Your Pension Payment Option Election – State Police Plan
… pension payment options, all of which will provide you with a monthly benefit for life. For example, you may elect … payable during your lifetime, with nothing payable to a beneficiary upon your death. Or you may choose a lower … your option selection up to 30 days after your disability application is approved, or up to 30 days after your …
https://www.osc.ny.gov/retirement/publications/1518/receiving-your-benefit-and-filing-your-pension-payment-option-electionComptroller DiNapoli Statement on Earth Day 2016
… ExxonMobil to explain how it can adjust its business model to meet the worldwide effort to limit global warming. … DiNapoli has worked to make New York state government a model of sustainability through audits and in depth reports …
https://www.osc.ny.gov/press/releases/2016/04/comptroller-dinapoli-statement-earth-day-2016State Comptroller Thomas P. DiNapoli Statement on New State Budget
… and Governor agreed on a new state budget as the state is struggling to recover from the economic devastation caused … COVID-19. More than a year into the pandemic, the number of cases remains high in New York but the accelerated pace of … budget includes significant new resources from federal aid and from tax increases. Higher personal income tax rates …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-state-budgetOpinion 99-6
… [g]). Section 545 also requires the State Comptroller to pay "as state aid" amounts equivalent to the taxes levied on …
https://www.osc.ny.gov/legal-opinions/opinion-99-6Herkimer Central School District – 2014 Building Renovation Capital Project (2022M-136)
… of the works was arrested for defrauding the New York State and Local Retirement System out of $52,514 in pension payments. In September 2022, the former clerk of the …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/23/herkimer-central-school-district-2014-building-renovation-capital-projectDiNapoli: Retired Westchester County Police Officer Indicted for Forging State Records to Illegally Double-Dip From State Pension Fund
… stole over $163,000 from the New York State and Local Retirement System (NYSLRS) by taking unlawful pension … System and maintaining its integrity are priorities for my office. I thank District Attorney Clegg, the State …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-retired-westchester-county-police-officer-indicted-forging-state-records-illegally-doubleAbout Statement No. 68 – Governmental Accounting Standards Board
… Statement No. 68, Accounting and Financial Reporting for Pensions : Requires employers participating in state and … as NYSLRS, does not limit the employer’s responsibility for the cost of these future pension benefits. When NYSLRS’ … value of assets, employers have an accounting liability for the difference. Therefore, the employer’s share of the …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-68DiNapoli: Georgia Woman Pleads Guilty to Stealing Her Deceased Father's NY State Pension Checks
… Albany County District Attorney David Soares and the New York State Police today announced that Alayne Bertolino pleaded guilty to stealing more than $240,000 in New York state pension payments made to her deceased father. … to Albany County District Attorney David Soares and the New York State Police for their partnership with my office’s …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-georgia-woman-pleads-guilty-stealing-her-deceased-fathers-ny-state-pension-checksDiNapoli Releases August Cash Report
… Total receipts through the first five months of the state fiscal year were $59.9 billion, $609 million higher … said DiNapoli. “However, with the state’s strong reliance on Wall Street profitability and the recent volatility in … million higher than the latest projections. Business taxes and other tax receipts generated most of the …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-releases-august-cash-reportDiNapoli and Schneiderman Announce Guilty Plea in $120K Fraud of State Pension Benefits
… benefits issued by the New York State and Local Employees Retirement System. The benefits were issued to her deceased uncle, David … form for Wynn when he died and failed to notify the Retirement System of Wynn’s death. Instead, Cizik submitted …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-and-schneiderman-announce-guilty-plea-120k-fraud-state-pension-benefitsBuffalo Business Delivers $9 Million Investment Gain To The State Pension Fund
… AccuMED, a manufacturer located in Buffalo, has generated an estimated $9 million investment … today. The investment was made through the Fund’s In-State Private Equity Program, which is designed to make profitable investments in New York State-based companies. “This investment in …
https://www.osc.ny.gov/press/releases/2014/12/buffalo-business-delivers-9-million-investment-gain-state-pension-fundPension Funds Break New Ground on Board Diversity
… Fund has withdrawn the board diversity proposals it filed at the two companies. “Corporations with homogeneous boards … and put their reputations and financial performance at risk,” DiNapoli said. “Investors want their companies to … board diversity,” said Shadé Brown, Sustainability Analyst at Calvert Investments. “We applaud the company’s leadership …
https://www.osc.ny.gov/press/releases/2015/04/pension-funds-break-new-ground-board-diversityComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Atlanta, Ga Resident in Pension Fraud Case
… Office on behalf of the New York State and Local Employees Retirement System. Powell was a New York State pensioner, retired from … DiNapoli said. "We rigorously oversee the state's retirement system to ensure that no one is cheating it. When …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-atlanta-ga-resident-pension-fraud-caseComptroller DiNapoli & A.G. Schneiderman Announce Guilty Plea of Nelson Rivera in Bid-rigging Case
… Integrity Bureau are prosecuting the case, with assistance from analysts Kamla Sookram, Morgan McCollum, and Joseph … Reidy of the Investigations Bureau, with support from Supervising Investigator Richard Doyle, Deputy Bureau …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-ag-schneiderman-announce-guilty-plea-nelson-rivera-bid-rigging-caseXII.6.I Paying a Non-State Employee – XII. Expenditures
… guidance about: Determining employee status when making a payment to an individual who provided services to the … state government employers with guidance on determining worker status. Process and Document Preparation: PROCESSING … For income tax purposes, the worker may be required to report payments received for his or her services as a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6i-paying-non-state-employeeCost-Saving Ideas: Overtime Planning and Management
… Reducing the cost of employee salaries and benefits by even a small percentage can result in significant savings. Employee salaries and benefits, including pension benefits, are large expenses for New York's local governments and school districts. These costs represent nearly 57 percent …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-overtime-planning-and-managementComptroller DiNapoli and Acting Nassau County DA Singas: Pension Scammer Sentenced
… Det. Sergeant Terrance Hoffman will repay the New York State and Local Police and Fire Retirement System $465,647, … illegally. Hoffman also agreed to forfeit all future pension payments that he would have been entitled to; those … New Jersey residents for stealing over $100,000 in pension funds. Since taking office in 2007, DiNapoli has committed to …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-acting-nassau-county-da-singas-pension-scammer-sentencedAccounting and Reporting Update Focusing on GASB Statements 84 & 87
Print out presentation to follow along with the webinar.
https://www.osc.ny.gov/files/local-government/academy/pdf/gasb-84-and-87-03-18-20.pdfOpinion 91-54
… -- Taxes and Assessments (authority of village to impose a tax on renters of real property); (authority of village to impose a tax on rents paid by tenants of real property within the village) TAXES -- Occupancy Tax (authority of village to impose on renters of real …
https://www.osc.ny.gov/legal-opinions/opinion-91-54Changes in Federal Policies Pose Significant Risks for New York City's Budget
… Projected budget gaps for New York City in the coming years appear manageable, but tax changes and … by State Comptroller Thomas P. DiNapoli. "Major shifts in federal fiscal policies constitute the greatest risk to … may lie ahead, depending on the effects of what happens in Washington." The November update to the city’s four-year …
https://www.osc.ny.gov/press/releases/2017/12/changes-federal-policies-pose-significant-risks-new-york-citys-budget