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Straight Talk About Financial Planning For Your Retirement
… it’s good to know your retirement benefit is one of them. You can be confident that when you are ready to retire, your … those who are or will be vested, and should be used only if you plan to leave (or have already left) public employment … and over who aren’t receiving Social Security benefits and do not yet have an online account. You can view your …
https://www.osc.ny.gov/retirement/publications/straight-talk-about-financial-planning-your-retirementLife Changes: Applying for Disability Retirement
… A Message from Comptroller Thomas P. DiNapoli No one likes to think they may become permanently disabled, but the truth … can happen to anyone at any time. If you become disabled, and cannot perform the duties of your position, it will be … for you to learn about the benefits you could receive and how to apply for those benefits. This booklet describes …
https://www.osc.ny.gov/retirement/publications/life-changes-applying-disability-retirementMedicaid Program – Administrative Costs Used in Premium Rate Setting of Mainstream Managed Care Organizations
… and Medicaid claim costs totaled about $53 billion. Most of the State’s Medicaid recipients receive their …
https://www.osc.ny.gov/state-agencies/audits/2017/09/13/medicaid-program-administrative-costs-used-premium-rate-setting-mainstream-managed-careState Comptroller DiNapoli Releases Municipal & School Audits
… underestimated by as much as $945,000. Life, health and dental insurance costs could potentially be underestimated by … underestimated by as much as $194,000. Village of Elmira Heights – Claims Auditing (Chemung County) Although state law …
https://www.osc.ny.gov/press/releases/2024/07/state-comptroller-dinapoli-releases-municipal-school-audits-1DiNapoli Audit Finds Lax Oversight of Medicaid Payments May Have Cost Taxpayers Nearly $300 Million
… claim costs totaled about $74.6 billion. Per federal law and state regulations, Medicaid is always the payer of …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-audit-finds-lax-oversight-medicaid-payments-may-have-cost-taxpayers-nearly-300-millionDiNapoli Releases Fiscal Stress Scores
… 20 local governments in New York State ended their fiscal year 2021 designated in some form of fiscal stress , down from 30 a year ago, State Comptroller Thomas P. DiNapoli announced … for municipalities (excluding New York City) twice a year. The scores announced today are for local governments …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-releases-fiscal-stress-scoresDiNapoli: New York City Job Growth Continues to Set Records
… New York City has added more than 900,000 jobs over the past ten years and its 24 percent rate of growth outpaced the nation and New York state, according a … New York City has added more than 900000 jobs over the past ten years and its 24 percent rate of …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-new-york-city-job-growth-continues-set-recordsDiNapoli: 82 School Districts in Fiscal Stress
… Monitoring System. The scores are based on the evaluation of 672 school districts with fiscal years ending on June 30, … office has assessed and scored the financial stability of school districts. The latest round of scoring designated eight school districts in “significant …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-82-school-districts-fiscal-stressDiNapoli: NYC Forecasts $965 Million Surplus Fueled by Federal Aid
… a similar annual employment growth trajectory in this case, the city would reach pre-pandemic levels of employment …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-nyc-forecasts-965-million-surplus-fueled-federal-aidDiNapoli: New York Sees Improvement in Condition of Local Bridges
… One in 10 locally owned bridges in New York state is rated in poor … of New York’s Local Bridges in Poor Condition In 2023, 10% of local bridges were rated in poor condition, down from … One in 10 locally owned bridges in New York state …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-new-york-sees-improvement-condition-local-bridgesDiNapoli: Gaming Revenue Plays Increasing Role In State Budget
… New York state’s dependence on gaming revenues has grown over the past two decades, … with a new expansion underway, more casinos will mean more gaming revenue and new jobs, but the long-term impact for the … to be located in the state. Under the Upstate New York Gaming Economic Development Act (Gaming Act), approved by the …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-gaming-revenue-plays-increasing-role-state-budgetDiNapoli Report Highlights Where New Yorkers Work
… growth from 2019 to 2023. While the minimum wage changed little in New York City from 2019 to 2023, increasing …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-report-highlights-where-new-yorkers-workDiNapoli: State Department of AG and Markets Should Improve Pollinator Protection Program
… acres of farmland, and many of its crops are dependent on pollination by bees and other pollinators. To address a … acres of farmland and many of its crops are dependent on pollination by bees and other pollinators …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-department-ag-and-markets-should-improve-pollinator-protection-programDiNapoli: NYS Pension Fund Commits $1.3 Billion to Sustainable Investment Program
… funds as part of its Sustainable Investments and Climate Solutions (SICS) Program, State Comptroller Thomas P. … funds as part of its Sustainable Investments and Climate Solutions Program State Comptroller Thomas P DiNapoli trustee …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nys-pension-fund-commits-13-billion-sustainable-investment-programNew York’s Economy and Finances in the COVID-19 Era
… did not have enough to eat at times during the previous week Source: U.S. Census Bureau, based on those surveyed during the week of June 18 through June 23 Clear Racial and … levels at all – a finding 2 percentage points above the national response Source: U.S. Census Bureau, based on those …
https://www.osc.ny.gov/reports/covid-19-july-9-2020Service Credit for Tiers 2 through 6
… from Comptroller Thomas P. DiNapoli When you retire, the pension benefit you receive will be directly related to your … membership. It determines when you are entitled to a pension even if you leave public service before you are … credit they have at retirement will directly affect the amount of their pension. Once you become a NYSLRS member, you …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6DiNapoli: State Pension Fund Value $194.3 Billion
… York State Comptroller Thomas P. DiNapoli today announced the New York State Common Retirement Fund (Fund) had a -2.68 percent return on investments in the state fiscal year (SFY) that ended on March 31, 2020, reflecting a slight decrease as a result of the COVID-19 pandemic. The Fund ended its fiscal year …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionState Contract and Payment Actions in July
… In July, the Office of the State Comptroller approved 1,308 contracts for state … . The Governor’s Executive Order 202 suspended the Office of the State Comptroller’s review and approval of contracts related to the COVID-19 crisis until September … In July the Office of the State Comptroller approved 1308 contracts for state …
https://www.osc.ny.gov/press/releases/2020/08/state-contract-and-payment-actions-julyOpinion 2004-3
… and City-School Fiscal Relations , March 3, 1948, p 5; The New York State Constitution - A Reference Guide , Galie, … provides: (b) Whenever any … city, other than the city of New York, … provides by direct budgetary appropriation for … through borrowings: For counties, cities, (other than New York City), villages and school districts subject to …
https://www.osc.ny.gov/legal-opinions/opinion-2004-3Whitehall Central School District - Medicaid Reimbursements (2019M-42)
… all Medicaid reimbursements to which it was entitled for services provided to eligible special education students. … to ensure Medicaid claims were submitted and reimbursed for all eligible services provided. Claims were not submitted and reimbursed for 628 eligible services totaling $24,179. Had these …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/whitehall-central-school-district-medicaid-reimbursements-2019m-42