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How to Make a Vendor Responsibility Determination
… should automatically trigger a determination. A previous non-responsibility finding does not necessarily ban the … contract to help guide you in determining what information is most relevant. However, your review must address the four … Responsibility Review Process Documentation Requirements How to Conduct a Responsibility Review … You should consider …
https://www.osc.ny.gov/state-vendors/vendrep/how-make-vendor-responsibility-determinationWhat is a Defined Benefit Plan?
… Defined benefit plans provide several advantages over the 401(k)-style plans offered by many private employers. … minimum age and service requirements established by your retirement plan, you will receive a monthly pension payment … they provide a steady, reliable stream of retirement income for many retirees across New York State and the …
https://www.osc.ny.gov/retirement/members/defined-benefit-planBuffalo Business Delivers $9 Million Investment Gain To The State Pension Fund
… the In-State Private Equity Program is a win for the state pension fund and our local economies,” said DiNapoli. “Our … Common Retirement Fund, the third largest public pension plan in the United States with more than one million members, … nation. Over the past 20 years, 82 percent of the cost of benefit payments has been funded by investment returns. The …
https://www.osc.ny.gov/press/releases/2014/12/buffalo-business-delivers-9-million-investment-gain-state-pension-fundDiNapoli: State Pension Fund Value $206.9 Billion
… New York State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) earned an estimated 11.35 …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionDiNapoli: Woman Pleads Guilty to Theft and Must Pay Back $459K in NYS Pension and Social Security Payments
… and the SSA-OIG. Smith, 49, pleaded before Judge Eleanor Ross of the United States District Court for the …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-woman-pleads-guilty-theft-and-must-pay-back-459k-nys-pension-and-social-security-paymentsNYSLRS Fact Sheet
… Overview The New York State and Local Retirement System (NYSLRS) …
https://www.osc.ny.gov/retirement/resources/nyslrs-fact-sheetDeath of the Ex-Spouse – Divorce and Your Benefits
… the DRO on file is vacated (nullified). NYSLRS must calculate the member’s future pension benefit without regard …
https://www.osc.ny.gov/retirement/members/divorce/death-ex-spouseAdditional Service Credit for Unused, Unpaid Sick Leave – Special 20- and 25-Year Plans
… you must retire directly from public service or within a year of separating from service. For most members, the maximum number of sick leave days allowable is 165. The additional credit is determined by dividing your … calculation. Increase your pension beyond the maximum amount payable under your retirement plan. Meet the service …
https://www.osc.ny.gov/retirement/publications/1517/additional-service-credit-unused-unpaid-sick-leaveDiNapoli Recovers $42K From Woman Who Stole From State and Local Retirement System
… New York State Comptroller Thomas P. DiNapoli and the New York State Police announced the sentencing of Bonnie S. … to Dutchess County District Attorney William Grady and the New York State Police for their work on this case." Robertson …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-recovers-42k-woman-who-stole-state-and-local-retirement-systemUse of Vendor-Supported Technology
To determine whether the Niagara Frontier Transportation Authority was complying with requirements to maintain its systems at vendorsupported levels
https://www.osc.ny.gov/state-agencies/audits/2019/12/12/use-vendor-supported-technologyV.3.H Category Code – V. Chart of Accounts (COA) Governance
… Code field is used or required, it will be entered at the time the purchase order is entered into the SFS. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-v/v3h-commodity-codePittsford Central School District – Security of Personal, Private and Sensitive Information (PPSI) on Mobile Computing Devices and Extracurricular Cash Records and Collections (2016M-92)
… Purpose of Audit The objectives of our audit were to determine if District officials … The Pittsford Central School District is located in the Towns of Pittsford, Brighton, Mendon, Penfield and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/08/12/pittsford-central-school-district-security-personal-private-and-sensitiveVII.10.E Cash Advance Reimbursement – VII. State Revenues and Appropriated Loan Receivables
… allowable and documented State expenses. Reimbursements to cash advance accounts are required at least once a month. … this Guide for further information. It is not appropriate to use the advance account codes (59001-59005) on a cash … or leave blank. 'BUSINESS UNIT’ – Agency GLBU 'FROM DATE’ – Beginning date of agencies choice 'TO DATE’ – Ending …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10e-cash-advance-reimbursementAre You Vested? And What It Means
… by your retirement plan. Vesting is automatic; you do not have to fill out any paperwork to become vested. Tier … also did not change Tier 6 benefit rules such as how long you must contribute, your pension benefit … us an inquiry using our secure contact form . Once you know your tier and retirement plan, you can review your …
https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-meansNYS Comptroller DiNapoli and the Fire and Police Pension Association of Colorado Statements on Proposed Settlement of Boeing Lawsuit
… governance reforms, following two mass casualty 737 MAX crashes and the subsequent grounding of the aircraft. Under … value.” Court Filing Full text of settlement proposal About the New York State Common Retirement Fund The New York … plans in the nation. The Fund's fiscal year ends March 31. About the FPPA The Fire and Police Pension Association of …
https://www.osc.ny.gov/press/releases/2021/11/nys-comptroller-dinapoli-and-fire-and-police-pension-association-colorado-statements-proposedDiNapoli and Orange County DA Hoovler Detail Guilty Plea in Pension Fraud Case
… At the time of her plea, White admitted to stealing the money and that she knew she did not have permission or authority to take the funds. “Ms. White thought she could get away with defrauding the New … by filing a complaint online at [email protected].gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-and-orange-county-da-hoovler-detail-guilty-plea-pension-fraud-caseXI.2.K Authorized Signatures – XI. Procurement and Contract Management
… head or designee must approve the addition by signing at the bottom of the form. To ensure adequate controls over …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi2k-authorized-signaturesNew York’s Economy and Finances in the COVID-19 Era
… of lost jobs. 53% of New York adults age 18 and over live in households that have lost employment income since … Data For example, while 10 percent of all U.S. adults live in households reporting not having enough to eat in the … In the wake of COVID19 more than half of adult New Yorkers live in households that have lost employment income …
https://www.osc.ny.gov/reports/covid-19-july-9-2020DiNapoli: Pension Contribution Rates Remain Stable for Fiscal Year 2017-18
… contribution rates for the New York State and Local Retirement System (NYSLRS) will stay virtually the same in Fiscal Year …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-pension-contribution-rates-remain-stable-fiscal-year-2017-18NYS Common Retirement Fund Announces Third Quarter Results
… it is today – a highly diversified fund with its highest ever estimated value." The CRF's estimated value reflects …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-results