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Contract Advisory No. 4
… Transactions Created in the Statewide Financial System with Invalid Business Unit and Department IDs Guidance: … requesting that the contract be re-entered in the SFS with an Audit ID that uses a valid Business Unit/Department … the non-approval notice. To avoid non-approvals associated with invalid Business Unit/Department ID combinations, and …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/4-business-unit-and-department-id-combinations-used-create-contracts-statewideState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… in the United States and Latin America. Graycliff Partners LP is an SEC-registered investment advisor under the US …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… to the New York State and Local Retirement System (NYSLRS) for both of its systems – the Employees’ Retirement System … ability to weather volatile markets. Our prudent strategy for long-term, steady returns helps ensure our state’s … reduction in employer contribution rates is welcome news for taxpayers, our investment decisions are always made based …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli: NYC Transit Must Ensure Cameras and Security Equipment Are Maintained and in Working Order
… Authority’s New York City Transit (Transit) needs to do a better job of maintaining its security and safety … Closed-Circuit Televisions (CCTVs) in the subway system, to avoid future unexpected failures, an audit from State … P. DiNapoli found. “The MTA’s security equipment is vital to riders’ personal safety and critical to Transit and first …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-transit-must-ensure-cameras-and-security-equipment-are-maintained-and-working-orderDue Diligence for Companies Holding Abandoned Funds
… funds are required to attempt to contact the rightful owner of the property before transferring, or escheating, the … property report. In the notice, be sure to tell the owner that their property will be reported as abandoned … your report. Include that date in the notice to give the owner a deadline for contacting you. Exemptions to this …
https://www.osc.ny.gov/unclaimed-funds/reporters/due-diligence-companies-holding-abandoned-fundsUpdate Your Contact Information
… with the United States Postal Service (USPS) does not mean your records will automatically be updated with NYSLRS. …
https://www.osc.ny.gov/retirement/update-your-contact-informationSUNY Bulletin No. SU-302
… provide agency instructions for processing the Recruitment and Retention Payments. Affected Employees Employees in the … Actions Prior to processing, agencies must complete a roster identifying employees who will receive a recruitment … and must include the earnings code and payment amount. The roster must be forwarded to SUNY System Administration. A …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-302-suny-recruitment-and-retention-payments-gsnu-employeesLife Changes: What If I Work After Retirement?
… Update Regarding Retiree Earnings Limit 1 The earnings limit for retirees employed by school districts … through June 30, 2027 (May 2025 legislation extended the date from 2025 to 2027). This earnings limit suspension … or charter school. For most other retirees under the age of 65, the $35,000 limit is in effect and applies to …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-work-after-retirementOpinion 92-28
… -- Tax Anticipation Notes (payment of proceeds to a public library); (payment of interest for notes issued for library taxes) LIBRARIES -- Finances (issuance and payment of … for payment over by school district) SCHOOL DISTRICTS -- Library Appropriation (disposition of interest on investment …
https://www.osc.ny.gov/legal-opinions/opinion-92-28Opinion 99-8
… in the opinion. FEES - Imposition of (for a subscription to minutes of board meetings) LOCAL LAWS - Fees (imposition of by town for subscription to minutes of board meetings) PUBLIC MEETINGS - Minutes (imposition of fees by town for subscription to minutes of board meetings) TOWNS - Fees (imposition of a …
https://www.osc.ny.gov/legal-opinions/opinion-99-8XI.18.G Workers’ Compensation Coverage and Debarment – XI. Procurement and Contract Management
… the State Finance Law, a contract shall be void and of no force and effect unless the contractor provides and maintains …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18g-workers-compensation-coverage-and-debarmentUnified Court System Bulletin No. UCS-306
… Leave (Action/Reason code of Leave of Absence/WDL, MLL or MLS): Transactions should be submitted in Administration Pay …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-306-april-2022-unified-court-system-ucs-longevity-bonus-jloSUNY Bulletin No. SU-269.1
… identify employees who have received approval to use the NY Paid Family Leave benefit. LOA/PFL- Leave of Absence/Paid … PFL if they will not meet the service requirements for the NY Paid Family Leave program AND Verify any waivers received … waiver will be revoked. The PayServ implementation of the NY Paid Family Leave program has resulted in a new procedure …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-2691-new-york-state-paid-family-leave-program-unitedSUNY Bulletin No. SU-223
… Actions Prior to processing, agencies must complete a roster identifying employees who will receive a July 2015 … Increase which must include the increased salary.The roster must be signed by the campus president and forwarded to SUNY System Administration. A copy of this roster will be provided to OSC in Excel format. To pay the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-223-july-2015-state-university-new-york-suny-management-andDiNapoli: City of Corning's Economic Development and Smart Growth Initiatives Build on Stable Fiscal Picture
… quality of life for its residents.” “This “snapshot” of our city is another significant example of how the Office of … an invaluable reference tool as we continue to implement our economic development strategy. We appreciate the … the Corning City School District, Pathways Inc., Instant Brands, Wegmans Super Store and Corning Credit Union. …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-city-cornings-economic-development-and-smart-growth-initiatives-build-stable-fiscal-pictureComptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … did not have sufficient controls over cash collected for fundraising events to ensure that the money was … government spending and nearly 50,000 state contracts, visit OpenBookNY . The easy-to-use website was created by …
https://www.osc.ny.gov/press/releases/2015/02/comptroller-dinapoli-releases-municipal-auditsDiNapoli and Schneiderman Announce Arrest in $87K Contractor Theft
… State Comptroller Thomas P. DiNapoli and Attorney General Eric Schneiderman today announced the arrest of Department of … Comptroller Thomas P. DiNapoli said. “Working with the Attorney General, our joint investigation into this … State Comptroller Thomas P DiNapoli and Attorney General Eric Schneiderman today announced the arrest …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-and-schneiderman-announce-arrest-87k-contractor-theftDiNapoli: SUNY Downstate Failed to Get Its Money's Worth From Cost-Cutting Consultant
… it paid for," DiNapoli said. "When my office is precluded from reviewing a contract, poor oversight requirements can … including executing contracts without prior approval from DiNapoli's office. The contract failed to clearly define … public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly requested …
https://www.osc.ny.gov/press/releases/2018/02/dinapoli-suny-downstate-failed-get-its-moneys-worth-cost-cutting-consultantOpinion 91-41
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. REFERENDUM -- Tax … by petition, compel the town board to hold a referendum on a proposition to impose a limit on the amount by which real property taxes may be annually …
https://www.osc.ny.gov/legal-opinions/opinion-91-41Area #5 – Malware Protection – Information Technology Governance
… onto a wide variety of devices, a best practice is to force scans of any new devices connected to computers, such …
https://www.osc.ny.gov/local-government/publications/it-governance/area-5-malware-protection