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About Benefit Reductions
… for Early Retirement Members in regular retirement plans can retire with full benefits at the age specified by their … 55 with a reduction for early retirement.* *Tier 1 members can retire at age 55 without a benefit reduction. Retirement … NYSLRS members in most retirement plans can retire as early as age 55 however your pension may be …
https://www.osc.ny.gov/retirement/members/about-benefit-reductionsViewing Your GASB Report – Governmental Accounting Standards Board
… dating back to State Fiscal Year 2015 are available). Your report can be generated as a PDF or Excel file, which you can … Board GASB Statement No 68 employers can view their GASB report in Retirement Online …
https://www.osc.ny.gov/retirement/employers/gasb/viewing-your-gasb-reportOpinion 90-26
… FINANCE LAW, §32.00: Where the lowest bid on the proposed installation of sprinkler systems in fire district buildings … of a fire district approved a bond resolution for the installation of sprinkler systems in two buildings of the …
https://www.osc.ny.gov/legal-opinions/opinion-90-26Opinion 2008-3
… cash refunds of unexpended monies in a capital reserve fund) -- Powers and Duties (authority to make cash refunds of unexpended monies in a capital reserve fund) MUNICIPAL FUNDS -- Capital Reserve Fund (authority of a fire district to make cash refunds of … the fire district may return monies in the reserve fund to taxpayers …
https://www.osc.ny.gov/legal-opinions/opinion-2008-3Opinion 89-42
… in short term United States Treasury bills issued in book-entry form, which are registered in the name of the village, under … Section 357.21 of the regulations contains provisions for registration of securities and provides, that, except in the …
https://www.osc.ny.gov/legal-opinions/opinion-89-42Opinion 88-59
… AND EMPLOYEES -- Compensation (authority to pay village justice the salary of acting village justice); (retroactive payment); (salary increase for village justice) VILLAGE JUSTICE -- Acting Justice (appointment … Whether the village justice may be paid the salary budgeted for the acting …
https://www.osc.ny.gov/legal-opinions/opinion-88-59Opinion 98-5
… GENERAL MUNICIPAL LAW, §§800[2], [3], 801, 802, 803, 806: An elective county coroner, who is also a funeral … or duties. When an interest is not prohibited, section 803 generally requires written public disclosure of the … or her interest in the contract in accordance with section 803 of the General Municipal Law 1 . The county, however, …
https://www.osc.ny.gov/legal-opinions/opinion-98-5Special 25-Year Plan for Nassau County Probation Department Peace Officers (Sections 89-s and 603(o))
… Information for members about 25 year plan for Nassau County peace officers who serve in the Nassau …
https://www.osc.ny.gov/retirement/publications/special-25-year-plan-nassau-county-probation-department-peace-officers-sections-89-s-and-603oOpinion 2001-4
… -- Compensation (fixed amount for specified services plus hourly rate for revaluation work to be performed by … assessor) LOCAL LAWS -- Compensation (fixed amount plus hourly rate for appointive town assessor) PUBLIC OFFICERS AND EMPLOYEES -- Compensation (fixed amount plus hourly rate for appointive town assessor); (salary increase …
https://www.osc.ny.gov/legal-opinions/opinion-2001-4Opinion 2000-7
… and stockholder of company performing snow removal and lawn maintenance) -- Exceptions (abstension and competitive … a prohibited interest in a contract for snow plowing and lawn maintenance between the fire district and the … with a corporation for snow plowing and lawn maintenance service under the following circumstances. The commissioner …
https://www.osc.ny.gov/legal-opinions/opinion-2000-7X.6 Overview – X. Guide to Vendor/Customer Management
… AND POLICIES This section informs New York State agencies of established Special Use Vendor IDs used in the Statewide Financial System (SFS). Vendor Management Unit … (X equals the assigned Debt Service number from OSC-Bureau of Cash Mgmt) To be used by agencies when processing Debt …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x6-overviewIX.7.K Record Retention – IX. Federal Grants
… State agency retention and access to records must be in full compliance with all applicable federal laws, rules … In addition to any federal requirements, OSC suggests the … closure. Any other information that may be deemed relevant in an audit. Grant questions should be directed to the OSC …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7k-record-retentionVI.1.B Budget Overview – VI. Budgets
… The Budget Overview is an inquiry in Commitment Control that allows users to inquire upon and review all control budgets. The inquiry’s search criteria are as … The Budget Overview is an inquiry in Commitment Control that allows users to inquire upon and review all …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi1b-budget-overviewXI.11 Overview – XI. Procurement and Contract Management
… This section provides information related to unique requirements and specific contract transactions not covered in other sections of this chapter. Guide to Financial Operations REV. 03/19/2012 … This section provides information related to unique requirements and specific contract transactions not …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/x11-overviewXIV.7 Monitoring Payments Made to Vendors – XIV. Special Procedures
… York’s Statewide Financial System requires Business Unit staff to verify all payments made are valid. To help in this … to vendors. It is important that designated Business Unit staff review the report regularly to ensure all transactions … to your Business Unit are correct. It will alert your staff to errors that may have been made when the voucher was …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv7-monitoring-payments-made-vendorsXIX.1.A When is a Project ID Needed – XIX. Project Costing (PCIP)
In accordance with the Project Definition the Project Costing Improvement Project PCIP establishes standard guidance for when a project is needed
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix1a-when-project-id-neededNew York State Comptroller Thomas P. DiNapoli Statement on the Governor's Budget Proposal
… "The state has to close a more than $6 billion budget gap and … with a significant jump in Medicaid spending. Notably, the state's fiscal problems arise at a time when our economy … collections are more than $1 billion above projections for the year. “The Executive budget tackles some tough issues but …
https://www.osc.ny.gov/press/releases/2020/01/new-york-state-comptroller-thomas-p-dinapoli-statement-governors-budget-proposalOvertime Limits – Enhanced Reporting
… of Enhanced Reporting A key feature of enhanced reporting is its ability to automatically track year-to-date totals for … enhanced. If You Report ERS Members The ERS overtime limit is a set dollar amount for each calendar year. Therefore, … 2025 report using enhanced , the automatic capping feature is in effect for calendar year 2026 and Retirement Online …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/overtime-limitsNotice of Reserve Funds
… / S.5795 (Marcellino) – To provide increased transparency in school district fiscal operations by requiring publication … To provide increased transparency in school district fiscal operations by requiring publication …
https://www.osc.ny.gov/legislation/notice-reserve-fundsCollege Readiness (Follow-Up)
… Objective To determine the extent of implementation of the four … Readiness (Report 2021-N-1 ). About the Program According to the U.S. Department of Education, three-quarters of the … college degree or advanced certificate represents entry to rewarding careers. However, nearly half of all students …
https://www.osc.ny.gov/state-agencies/audits/2025/10/09/college-readiness-follow