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DiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… the turmoil in the markets since Russia’s invasion of Ukraine has sent shockwaves through the financial world with …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnDiNapoli: Unrestricted State Aid for Local Governments Failed to Keep Up With Inflation
… be used by municipalities for any governmental purpose, it is an important revenue source, particularly for many cities. … eroded its value,” DiNapoli said. “Right now, the state is on solid fiscal footing and should take this opportunity to assess what changes are needed to improve this critical funding …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-unrestricted-state-aid-local-governments-failed-keep-inflationDiNapoli: Local Sales Tax Collections Increase by 3.6% in Third Quarter Over Last Year
… in New York state totaled $5.9 billion in the third calendar quarter of 2023 (July - September), an increase of … months (July, August and September) comprising the third calendar quarter of 2023 was relatively stable, ranging from … in New York state totaled $59 billion in the third calendar quarter of 2023 July September an increase of 36 or …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-local-sales-tax-collections-increase-3-point-6-percent-third-quarter-over-last-yearDiNapoli: Local Sales Tax Collections Down 3.9 Percent for First Quarter of 2021
… in New York State declined by 3.9 percent in the first quarter compared to the same period last year, … totaled $4.3 billion, which was $173 million less than the first quarter of 2020. “Although collections remain down … are down by 11.8 percent or $2.2 billion. Despite the first-quarter decline, collections have shown a gradual …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-local-sales-tax-collections-down-3-point-9-percent-first-quarter-2021DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… mortgages (23.14 percent), private equity (10.57 percent), real estate and real assets (8.24 percent) and credit, absolute … percent). The Fund’s long-term expected rate of return is 6.8 percent. Historic Fund Returns and Value Fund’s value …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyFire District Information
… and Online Help for Local Officials web page for more information. If you need assistance with your account, please … Fire District Information …
https://www.osc.ny.gov/local-government/resources/fire-district-informationCUNY Bulletin No. CU-731
… will receive $1,000 for waiving family coverage or $500 for waiving individual coverage on a semi-annual basis. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-731-city-university-new-york-cuny-health-benefits-buy-outState Agencies Bulletin No. 1984
… to inform agencies of the content information for the 2021 Form W-2. Affected Employees All employees who receive a Form W-2 Wage and Tax Statement for calendar year 2021 are … 15 (Circular E) for 2021, and the Instructions for Form W-2 (Wage and Tax Statement), employers are required to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1984-form-w-2-wage-and-tax-statement-calendar-year-2021Partial Lump Sum Payment – State Police Plan
… PFRS members can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit will be permanently reduced . … you will receive your PLS along with your first pension payment, at the end of the month following your retirement …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-paymentPartial Lump Sum Payment – Special 20- and 25-Year Plans
… your monthly benefit will be permanently reduced . For most members, you will receive your PLS along with your … your retirement month. Eligibility To be eligible for the PLS payment, you must: Retire under a special 20- or … been eligible to retire with a service retirement benefit for at least one year before your date of retirement; and …
https://www.osc.ny.gov/retirement/publications/1517/partial-lump-sum-paymentManaged Care Payments to Unenrolled Providers (Follow-Up)
… in our initial audit report, Medicaid Program – Managed Care Payments to Unenrolled Providers (Report 2021-S-6 ). About the Program Managed care organizations (MCOs) establish provider networks by … contracting with physicians, hospitals, and other health care providers to provide medical care to their members. The …
https://www.osc.ny.gov/state-agencies/audits/2026/03/31/managed-care-payments-unenrolled-providers-followDiNapoli: Nearly 14% of New Yorkers Live in Poverty; Surpasses National Average for Eight Straight Years
… report found: Poverty rates are more than double for Hispanic New Yorkers compared to white, non-Hispanics. … in poverty, but the rate for those with less than a high school degree was almost five times greater. The Official … expansion of the Preferred Source program that can make a real difference in the lives of those who are most in need.” …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-nearly-14-percent-of-new-yorkers-live-poverty-surpasses-national-average-eight-straight-yearsState Fiscal Year 2022-23 Enacted Budget Analysis
… additional $250 million was added specifically for utility bill arrears, $125 million for homeowner and landlord …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisState Agencies Bulletin No. 1971.3
… No. 1971.2 . Purpose The purpose of this bulletin is to provide step-by-step guidance for Direct Deposit entry and … January 1, 2023, and existing employees with a change to their Request Direct Deposit record are affected. … 2772, Direct Deposit Form for NYS Employees is submitted to agency payroll offices to change the Direct Deposit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/19713-direct-deposit-guidance-and-audit-queryProvisions for an Accidental Death Benefit – World Trade Center Presumption
… death benefit to the beneficiaries of certain retirees who participated in the World Trade Center rescue, recovery … Information about laws that may apply to those who participated in World Trade Center rescue recovery or …
https://www.osc.ny.gov/retirement/publications/world-trade-center/provisions-accidental-death-benefitOverview – Special 20- and 25-Year Plans
… years of credited service and your final average earnings (FAE). Your FAE is the average of your highest three consecutive years of … retirement, but they can be anytime in your career. Your FAE can include, but is not limited to, the payments listed …
https://www.osc.ny.gov/retirement/publications/1517/final-average-earnings/overviewMore About This Retirement Plan – New Career Plan
… and Fire Retirement System members covered by the New Career Plan. (There is no Tier 4 in the Police and Fire …
https://www.osc.ny.gov/retirement/publications/1515/more-about-retirement-planState Comptroller DiNapoli Statement on SEC's Climate Disclosure Proposal
… comparable, and reliable information, across the marketplace, will greatly improve the state pension fund's … so they can be profitable and successful in the global marketplace. To do so requires us to have the information …
https://www.osc.ny.gov/press/releases/2022/03/state-comptroller-dinapoli-statement-secs-climate-disclosure-proposalXIV.14.A Statewide Accounting Policy - Capital Assets and Depreciation – XIV. Special Procedures
… system in compliance with Chapter 405, Laws of 1981 that monitors and reports upon the State’s capital assets. The … system in compliance with Chapter 405 Laws of 1981 that monitors and reports upon the States capital assets …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14a-statewide-accounting-policy-capital-assets-and-depreciationTier 6 Defined Contribution Plan Option
… plan option, go to the Retirement Plans page of SUNY’s website . From there, click on NYS Voluntary Defined …
https://www.osc.ny.gov/retirement/employers/tier-6-defined-contribution-plan-option