Search
Overtime Temporarily Excluded from Tier 6 Contribution Rates
… the top of the table. Please review carefully. Update your payroll system to withhold the correct amount beginning April …
https://www.osc.ny.gov/retirement/employers/overtime-temporarily-excluded-tier-6-contribution-ratesState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… median assumed rate of return among state public pension funds is 7.25 percent as of February 2019, according to the … of State Retirement Administrators. Only 16 public funds are currently below 7 percent for their investment …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredTown of Benson - Disbursements (2019M-54)
… procedures over check disbursements and bank account transfers. Key Findings The Supervisor did not review and … totaling $375,916 and instead, allowed a County employee to use a stamp to affix his signature to the checks. A County employee made 79 bank account transfers using an online banking profile totaling $427,704. …
https://www.osc.ny.gov/local-government/audits/town/2019/06/21/town-benson-disbursements-2019m-54Western Suffolk Board of Cooperative Educational Services – Budget Transfers and Confirming Purchase Orders (2016M-218)
… Purpose of Audit The purpose of our audit was to review BOCES’ budget transfer and purchase order processes … million. Key Findings Although the Board is required to approve all budget transfers above $25,000, the Chief … that budget transfers in excess of $25,000 are presented to the Board for approval as required by the budget transfer …
https://www.osc.ny.gov/local-government/audits/boces/2016/09/30/western-suffolk-board-cooperative-educational-services-budget-transfers-andMember Contributions – Legacy Reporting
… mandatory and voluntary contributions), please see our Member Contributions page . Required contributions are: All … 18 of the Laws of 2012). Federal Tax Treatment of Member Contributions ERS Tiers 3 through 6 Member contributions are treated as employer contributions …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/member-contributionsTrain On-Time Performance
… whether the Metropolitan Transportation Authority’s New York City Transit trains run on time, and whether actions … The Metropolitan Transportation Authority’s (MTA) New York City Transit (Transit) provides rapid transit …
https://www.osc.ny.gov/state-agencies/audits/2015/08/12/train-time-performanceDays Worked Calculator – Reporting Elected and Appointed Officials
… Paid Per Payroll Period Use this calculator to convert the ROA result (average number of days worked per month) into the …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/days-worked-calculatorNon-Revenue Service Vehicles and On-Rail Equipment
… and 28 were not done. For the 3-year period reviewed, 135 NYS inspections were required. Of these, 42 were late …
https://www.osc.ny.gov/state-agencies/audits/2023/05/03/non-revenue-service-vehicles-and-rail-equipmentGuide to Domestic Relations Orders – Divorce and Your Benefits
NYSLRS pensions are considered marital property and may be divided when a marriage ends Guide to Domestic Relations Orders Introduction
https://www.osc.ny.gov/retirement/members/divorce/guide-domestic-relations-ordersOperational Advisory No. 31
… Change Guidance : Effective April 1, 2019 a change in workflow was implemented for GLJEs. In conjunction with the Statewide Financial System (SFS), the … review, or Auto Denied (denial reason will be noted in the comments) Agencies must attach all supporting …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/31-general-ledger-journal-entries-workflow-changeXVI.3.E The Reporting Entity – XVI. Financial Reporting
… Greenway Conservancy for the Hudson River Valley, Inc. Health Research, Inc. Homeless Housing and Assistance Corporation … River Regulating District Hugh L. Carey Battery Park City Authority Long Island Power Authority Metropolitan …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3e-reporting-entityNorwood-Norfolk Central School District – Financial Management (2022M-129)
… which is enough to fund average retirement expenditures for 10 years. This balance exceeds the Board’s targeted …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/10/norwood-norfolk-central-school-district-financial-management-2022m-129Standard Work Day and Reporting Resolution – Reporting Elected and Appointed Officials
… first regular meeting held after a record of activities (ROA) is submitted, or whenever a new elected or appointed …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/standard-work-day-and-reporting-resolutionResources for Local Officials
… Reporting Manuals Adult-Use Cannabis Aid and Incentives for Municipalities (AIM) and Temporary Municipal Assistance … Filing Accounting and Reporting Manuals Filing Deadlines for Counties, Cities, Towns and Villages NYSLRS Employer Web … and Supplementary Information Use Online Services to file for the following: Property Tax Cap Property Tax Cap …
https://www.osc.ny.gov/local-government/resources/resources-local-officialsRequest to Purchase Service Credit (Including any Military Service) (RS5042)
To request service credit for your public service before you became a member of NYSLRS, or to request credit for military service, NYSLRS members use RS5042.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs5042.pdfManagement of Unexpected Delays and Events During Winter 2017-18
… service.” The OSC Office of the State Deputy Comptroller for the City of New York issued a report in March 2018 … deteriorated in December 2017 and January 2018. For example, in January 2018, on-time performance was 83.9 … scheduled train service. The LIRR did not have a plan for 5 of the 11 events sampled. Of the remaining six events …
https://www.osc.ny.gov/state-agencies/audits/2018/08/07/management-unexpected-delays-and-events-during-winter-2017-18State Comptroller DiNapoli Releases Audits
… of user accounts. This included 35 active user accounts for individuals who no longer worked for OCFS. Metropolitan Transportation Authority (MTA): New … This includes lodging, meal, and fuel expenses for which there was no business purpose, meal allowance …
https://www.osc.ny.gov/press/releases/2019/04/state-comptroller-dinapoli-releases-auditsEmployer E-News Archive — 2024
… receive the latest Retirement System member and retiree news. December 2024 Reminder: Annual Invoice Prepayment … Officials Reminder Hiring Seasonal Employees Make Sure New Members Designate Beneficiaries Online Set Up Your Enhanced Reporting Transition Plan Today …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2024DiNapoli: NYC Transit Must Ensure Cameras and Security Equipment Are Maintained and in Working Order
… challenges presented by the COVID-19 pandemic as reasons for the delays. Transit does preventative maintenance of … no documentation to show that maintenance was completed for 67% of the work that was scheduled, leaving equipment … set by its own guidelines. Its response to the 141 tickets for repairs (Sept. 1, 2019 through July 21, 2022) were …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-transit-must-ensure-cameras-and-security-equipment-are-maintained-and-working-orderState Comptroller Thomas P. DiNapoli Statement on New York City’s Preliminary Budget
… “New York City is contending with the devastating economic effects … steeper cuts to city services. The preliminary budget does not rely on additional direct federal relief or anticipate significant federal stimulus for …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-preliminary-budget