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Comparison of ERS Benefits
… Below is a comparison of Employees’ Retirement System (ERS) benefits by … subject to limitations. FAE Limitation The earnings in any year cannot exceed the average of the previous two years by … FAE calculation. The limit increases by 3% each calendar year (January 1 – December 31). See Overtime Limits for Tier …
https://www.osc.ny.gov/retirement/employers/comparison-ers-benefitsFinancial Data: How can we submit a data request?
… specifics, e.g., data elements required, year or years of data requested, format (hardcopy or electronic) preferred, …
https://www.osc.ny.gov/local-government/data/financial-data-how-can-we-submit-data-requestTax Check-Off Technical Amendment
… check-off funds were used during the preceding calendar year. Memo Bill Text Status … Corrects language relating to …
https://www.osc.ny.gov/legislation/tax-check-off-technical-amendmentState Comptroller DiNapoli Releases Year-End Accomplishments
… The New York State Common Retirement Fund reached an all-time high of … DiNapoli noted today in a release summarizing his office’s major accomplishments in 2013. Other notable highlights … and continuing challenges to achieving structural budget balance. Warned of weaknesses in the legislation to …
https://www.osc.ny.gov/press/releases/2014/01/state-comptroller-dinapoli-releases-year-end-accomplishmentsMembership Milestones for Employees’ Retirement System (ERS) Members
… If you are in the Employees’ Retirement System (ERS), no matter which … of your contributions. With 25 years of service creditable in your special plan, you are eligible to retire at any age. … A maximum of 30 years of service credit can be used in your pension calculation. After Retirement: After you …
https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-membersWarsaw Fire Department – Internal Controls Over Financial Operations (2013M-347)
… 1, 2011 through October 21, 2013. Background The Warsaw Fire Department comprises one fire company, Cry-Res Corporation (Company). The Company … services for the Village of Warsaw in Wyoming County and fire protection services to residents outside the Village …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/01/31/warsaw-fire-department-internal-controls-over-financialFood Metrics Implementation (Follow-Up)
To determine the extent of implementation of the two recommendations included in our initial audit report Food Metrics Implementation 2017S18
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/food-metrics-implementation-followState Agencies Bulletin No. 1480
… Effective Date(s) March 30, 2016 through completion of fiscal year end processing (approximately April 12, 2016) … the checks will not be available to process a Report of Check Returned for Refund or Exchange (AC-230) until … as possible. If an employee notifies the payroll office of a direct deposit account change or closure during the SFS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1480-direct-deposit-returns-and-reversals-during-statewide-financial-systemState Agencies Bulletin No. 1553
… Effective Date(s) March 31, 2017 through the completion of fiscal year end processing OSC Actions OSC will continue … the checks will not be available to process a Report of Check Returned for Refund or Exchange (AC-230) until … as possible. If an employee notifies the payroll office of a direct deposit account change or closure during the SFS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1553-direct-deposit-returns-and-reversals-during-statewide-financial-systemState Agencies Bulletin No. 1386
… Effective Date(s) March 27th, 2015 through completion of fiscal year end processing (Approximately April 7th) OSC … the checks will not be available to process a Report of Check Returned for Refund or Exchange (AC-230) until … March 20, 2015. If an employee notifies the payroll office of a direct deposit account change or closure during the SFS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1386-direct-deposit-returns-and-reversals-during-statewide-financial-systemEligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… Eligibility Tier 1 Members: You are eligible to retire at age … Tier 1 2 3 Article 11 5 and 6 members under Section 375e Eligibility The Benefit and …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingComptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … era of limited resources and increased accountability, it’s critical that schools make every dollar count,” DiNapoli … appropriated a total of nearly $24 million of fund balance, which should have resulted in planned operating …
https://www.osc.ny.gov/press/releases/2015/08/comptroller-dinapoli-releases-school-auditsAstor Services for Children & Families – Compliance With the Reimbursable Cost Manual
… Cost Manual (RCM). The audit covered the fiscal year ended June 30, 2013. Background Astor, a not-for-profit … with the guidelines specified in the RCM. For the fiscal year ended June 30, 2013, Astor reported a total of $6.4 …
https://www.osc.ny.gov/state-agencies/audits/2015/09/02/astor-services-children-families-compliance-reimbursable-cost-manualAmusement Park and Fair Ride Safety
… safety conditions of amusement park and fair rides. In conjunction with audit 2013-S-73 , the audit covers the …
https://www.osc.ny.gov/state-agencies/audits/2014/10/06/amusement-park-and-fair-ride-safetyCity of Troy – Budget Review (B17-5-13)
… in the City’s proposed budget for the 2018 fiscal year are reasonable. Background The City of Troy, located in … to submit their proposed budgets for the next fiscal year to the State Comptroller for review while the deficit …
https://www.osc.ny.gov/local-government/audits/city/2017/10/31/city-troy-budget-review-b17-5-13Village of Suffern – Budget Review (B18-6-4)
… in the Village’s tentative budget for the 2018-19 fiscal year are reasonable. Background The Village of Suffern, … to submit their tentative budgets for the next fiscal year to the State Comptroller for review while the deficit …
https://www.osc.ny.gov/local-government/audits/village/2018/04/13/village-suffern-budget-review-b18-6-4State Agencies Bulletin No. 1646
… agencies that OSC will be unable to print checks for employee Direct Deposit Returns and Reversals during the SFS … and received from SFS. Agency Actions Agencies must ensure employee direct deposit account changes and updates are completed as soon as possible. If an employee notifies the payroll office of a direct deposit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1646-direct-deposit-returns-and-reversals-during-statewide-financial-systemBecoming a Participating Employer – What Every Employer Should Know
… Being part of NYSLRS allows municipal employers to offer workers retirement benefits related to years of service and final average … The process of becoming a participating employer in NYSLRS begins with you providing us with a roster of employee …
https://www.osc.ny.gov/retirement/employers/partnership/becoming-participating-employerCity of Long Beach – Budget Review (B7-15-14)
… Purpose of Budget Review The purpose of our budget review was to … the significant revenue and expenditure projections in the City’s tentative budget for the 2015-16 fiscal year are … budget includes estimated revenue of $2.3 million in federal aid. However, the City has not yet submitted the …
https://www.osc.ny.gov/local-government/audits/city/2015/05/08/city-long-beach-budget-review-b7-15-14Tuition Assistance Program – Fordham University
… eligible students. Schools receiving State financial aid awards certify student eligibility. For the three academic … years ended June 30, 2014, the school certified 8,739 awards totaling $14.4 million that were paid to the school on … students. We reviewed a sample of 75 randomly selected awards paid during that period, as well as other awards to …
https://www.osc.ny.gov/state-agencies/audits/2017/01/27/tuition-assistance-program-fordham-university