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State Comptroller DiNapoli Releases State Audits
… (2014-S-69) Auditors found weaknesses in the monitoring and authorization of bank accounts, which increase the risk … indicate the amount of budgeted expenditures available for MWBE participation. However, plans for 10 sampled ESD agencies were submitted late (one by more …
https://www.osc.ny.gov/press/releases/2016/05/state-comptroller-dinapoli-releases-state-auditsState Agencies Bulletin No. 1292
… Purpose To inform agencies of OSC ‘s annual record update process and provide data entry … combined contribution limit of $26,000 in 2014. Effective Date(s) Institution paychecks dated January 9, 2014 … and December 27, 2013 for Administration agencies. When making changes, the transactions should be entered only …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1292-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaBrighter Choice Charter School for Girls – Non-Payroll Disbursements (2023M-72)
… Determine whether Brighter Choice Charter School for Girls (School) Board of Trustees (Board) and officials … check images to ensure only authorized disbursements are made. Provide abstracts and bank statements to the Board …
https://www.osc.ny.gov/local-government/audits/charter-school/2023/09/22/brighter-choice-charter-school-girls-non-payroll-disbursements-2023m-72Town of Owasco – Financial Management and Procurement (2021M-70)
Determine whether the Town of Owasco (Town) Board (Board) effectively managed fund balances and reserves for the general, water and sewer district funds and has multiyear financial and capital plans.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/owasco-2021-70.pdfManagement of Capital Projects (2018-S-70) 180-Day Response
To determine whether Metropolitan Transportation Authority’s Long Island Rail Road (LIRR) has a formal capital project management process that its employees and contractors/consultants are required to follow; and whether LIRR followed the capital project management process and was successful in ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-18s70-response.pdfSouthside Academy Charter School - Enrollment and Billing (2019M-70)
Determine whether student enrollment records and billings to school districts were accurate and supported.
https://www.osc.ny.gov/files/local-government/audits/pdf/southside-academy-charter-70.pdfVillage of Wappingers Falls – Board Oversight (2023M-70)
… As a result, the Board did not have sufficient information to oversee financial operations and capital projects. The … duties. Key Recommendations Adopt policies and procedures to establish mitigating controls for the lack of segregation … Ensure that the AFR is submitted timely and accurately to the Office of the State Comptroller (OSC). Ensure the …
https://www.osc.ny.gov/local-government/audits/village/2023/12/22/village-wappingers-falls-board-oversight-2023m-70Hammond Central School District – Financial Management (2024M-70)
… appropriations by an annual average of $1.5 million from 2020-21 through 2022-23. This made it appear that the … addition, they exceeded the voter-approved funding level for the capital reserve fund by $900,000. Accumulated … reserves. Did not budget to fund reserves. From July 1, 2020 through June 30, 2023, more than $1.5 million in fiscal …
https://www.osc.ny.gov/local-government/audits/school-district/2024/10/11/hammond-central-school-district-financial-management-2024m-70Ordinary Disability (Section 362) – Basic Plan with Increased-Take-Home-Pay (ITHP)
Basic Plan with Increased TakeHome Pay for PFRS Tier 1 2 3 Article 11 5 and 6 under Sections 370a 371a and 375 Ordinary Disability Section 362
https://www.osc.ny.gov/retirement/publications/1511/ordinary-disability-section-362Ordinary Disability (Section 362) – Career Plan
… or mental incapacity, and have ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this … If you are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-disability-section-362Ordinary Disability (Section 362) – New Career Plan
… or mental incapacity, and have ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this … If you are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Ordinary Disability (Section 362) – Police and Fire Plan
… contributions you have made. The contributions required of Tier 5 and 6 members are not annuity savings contributions, … last on an authorized medical leave of absence for up to two years (which may be extended for an additional two … from employment while receiving those benefits. … Police and Fire Plan information for PFRS Tier 1 2 3 Article …
https://www.osc.ny.gov/retirement/publications/1512/ordinary-disability-section-362Ordinary Disability (Section 362) – Non-Contributory Plan with Guaranteed Benefits
… or mental incapacity, and have ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this … If you are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-disability-section-362DiNapoli: State Pension Fund Releases Annual Investment Return
… closed the year valued at $248.5 billion. “Recent months have been trying for investors, but thanks to the state pension fund’s diverse investments, members, … is one of the largest public pension funds in the United States. The Fund holds and invests the assets of the New York …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnKids First Evaluation & Advocacy Center – Compliance with the Reimbursable Cost Manual
… & Advocacy Center (Kids First) on its Consolidated Fiscal Report (CFR) were properly calculated, adequately documented, … 2015. About the Program Kids First is an SED-approved, for-profit special education provider located in Westbury. …
https://www.osc.ny.gov/state-agencies/audits/2022/03/02/kids-first-evaluation-advocacy-center-compliance-reimbursable-cost-manualMinds in Motion, Inc. – Compliance With the Reimbursable Cost Manual
… calculated, adequately documented, and allowable under the State Education Department’s (SED) guidelines, including the …
https://www.osc.ny.gov/state-agencies/audits/2019/12/31/minds-motion-inc-compliance-reimbursable-cost-manualDiNapoli: Despite Progress, Pay Gap for Women Persists
… women in New York were 86 cents for every dollar earned by men in 2019, an annual wage gap of $8,821, according to a new analysis by New York State Comptroller Thomas P. DiNapoli. The … and educational attainment; and New York’s gender gap by race and ethnicity and age. Analysis Economic and Policy …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-despite-progress-pay-gap-women-persistsMember E-News Archive — 2023
… Sign up to make sure you receive the latest Retirement System news. December 2023 Help Us Go … After Retirement: Retiree Earnings Protecting Yourself from Scams View and Update Your Beneficiaries July 2023 … Important Compounding: A Great Way for Your Money to Grow Keep Your Beneficiaries Current January 2023 What is a …
https://www.osc.ny.gov/retirement/publications/member-e-news-archive-2023DiNapoli Reaffirms Commitment to DEI Initiatives
… “The Fund urges the development of robust DEI strategies because it’s good business. Fostering an inclusive … companies with sound, sustainable and profitable long-term strategies. Companies increasingly recognize that fostering a … HCA Healthcare, Inc. requesting a public report detailing strategies and programs for improving maternal health …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-reaffirms-commitment-dei-initiativesComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Florida Resident For Stealing $275k in NYS Pension Benefits
… and Attorney General Eric T. Schneiderman today announced that Marc A. Eletz, 70, a resident of Boca Raton, Florida, … a class D felony, in Albany County Court. The plea stems from charges that Mr. Eletz stole over $275,000 in New York … State pension benefits that were issued to his deceased mother. “Mr. Eletz concealed his mother’s death to pocket her …
https://www.osc.ny.gov/press/releases/2015/09/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-florida-resident-stealing-275k-nys