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Member Contributions
… Most members are required to contribute a percentage of their earnings … retirement plan. Tier 6 ERS and PFRS Tier 6 members are required to contribute a percentage (see chart) of their … Exceptions for ERS: New York State Correction Officers are not required to contribute after 30 years of service. …
https://www.osc.ny.gov/retirement/employers/member-contributionsDiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients
… of Health (DOH) could have saved the Medicaid program as much as $146 million over a six-year period if it had helped … Medicaid recipients with ESRD and helps guide them on how to apply for and enroll in Medicare. In response to the … than 50,000 state contracts, visit www.openbooknewyork.com . The easy-to-use website was created by DiNapoli to …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-state-missing-out-millions-medicare-payments-kidney-patientsBorrowing Against Your Contributions – State Police Plan
… If you meet eligibility requirements, you may take a loan from NYSLRS. Tier 2 Members The following rules apply … of member service credit. You must repay each outstanding loan in an amount sufficient to repay the loan and interest … is available on your Retirement Online account or the loan application). You have a loan with a deferred compensation …
https://www.osc.ny.gov/retirement/publications/1518/borrowing-against-your-contributions-0Open Book New York
… to this belief. If you've ever wondered how much it costs to run your fire department or how much your city … you can easily track where money is going and how it's being reflected in the State's spending priorities using … and Per Diem Expenses Local Government Data View and download detailed revenue, spending, debt, tax limits, …
https://www.osc.ny.gov/open-book-new-yorkMedicaid Drug Rebate Program Under Managed Care (Follow-Up)
… we determined the Department did not collect as much as $119.3 million in available rebates during the audit … the initial audit. We also determined, however, that as much as $72.4 million in rebates has not been invoiced, but …
https://www.osc.ny.gov/state-agencies/audits/2017/06/30/medicaid-drug-rebate-program-under-managed-care-followA Message From Comptroller Thomas P. DiNapoli – World Trade Center Presumption
… September 11, 2001, or the thousands of people who helped in the rescue, recovery and cleanup efforts at the World … event, often risking their own lives and health in the process. This publication provides information about … if you were one of the courageous workers who participated in this effort. For those of you who gave so much, these laws …
https://www.osc.ny.gov/retirement/publications/world-trade-center/message-comptroller-thomas-p-dinapoliChatham Central School District – Financial Condition (2015M-161)
… Purpose of Audit The purpose of our audit was to examine the District’s financial condition for the period … how each reserve will be funded or when reserve funds are to be used. Key Recommendations Adopt realistic …
https://www.osc.ny.gov/local-government/audits/school-district/2015/10/30/chatham-central-school-district-financial-condition-2015m-161Maine-Endwell Central School District - Leave Records (2019M-40)
… legitimacy of leave taken. The District may have paid as much as $14,200 for the cost of substitute employees for …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/07/maine-endwell-central-school-district-leave-records-2019m-40Borrowing Against Your Contributions – Special 20- and 25-Year Plans
… have member contributions in your account, you can take a loan from NYSLRS. If you aren’t required to contribute … of member service credit. You must repay each outstanding loan in an amount sufficient to repay the loan and interest … limits (federal tax information is available on the loan application). You have a loan with a deferred compensation …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsWestbury Union Free School District - Financial Condition and Overtime (2018M-84)
… Key Findings The Board overestimated appropriations by as much as 9 percent and appropriated an average of $9.4 million … needs and discontinue appropriating fund balance that is not needed. Reduce the amount of unrestricted fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2018/10/19/westbury-union-free-school-district-financial-condition-and-overtimeBOCES Milk Bidding (2018-MS-2)
… for chocolate fat free milk half-pints. May have saved as much as $355,000 (15 percent) on fat free chocolate milk half …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2018/07/27/boces-milk-bidding-2018-ms-2Newfane Central School District – Financial Condition (2015M-307)
… 17, 2015. Background The Newfane Central School District is located in the Towns of Newfane, Lockport, Cambria and … operates four schools with approximately 1,600 students, is governed by an elected seven-member Board of Education. … operations. The District overfunded two reserves by as much as $9.8 million as of June 30, 2015. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/school-district/2016/03/04/newfane-central-school-district-financial-condition-2015m-307Rocky Point Union Free School District – Financial Condition (2015M-170)
… Background The Rocky Point Union Free School District is located in the Town of Brookhaven, Suffolk County. The … officials have not established a formal plan stating how much would be set aside in each reserve fund, how each …
https://www.osc.ny.gov/local-government/audits/school-district/2015/11/13/rocky-point-union-free-school-district-financial-condition-2015m-170Review of the Financial Plan of the City of New York - May 2007
Recent data have revealed that the City’s economy was much stronger during 2006 than was initially reported, and that strength has continued into 2007.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-1-2008.pdfDiNapoli: Audit Finds Misuse of Funds in Town of Fishkill
… its senior center, including providing food, coffee, bingo games, and organizing paid day trips and overnight trips. The … Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-audit-finds-misuse-funds-town-fishkillDiNapoli: Young People in NYC Still Face Double-Digit Unemployment
… and 8% nationally. In comparison, overall unemployment is currently 5.6% in New York City, and 3.4% in the nation. … be stifled even further,” DiNapoli said. “The recovery is much slower for young workers in New York City when compared … rates among young people in the city are recovering at a much slower pace due to the city being the initial epicenter …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-young-people-nyc-still-face-double-digit-unemploymentDiNapoli: Audits Reveal Millions in Lost Revenue for Local Water Systems
… loss as an issue and estimated that fixes could yield as much as $2.2 million in savings. More often than not, water loss is caused by leaks from broken or aging underground pipes. In … be the problem. As a result, some customers are paying too much and others too little. Efficient operations would …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-audits-reveal-millions-lost-revenue-local-water-systemsApplying for Previous or Military Service Credit – Career Plan
… (which must be received before your effective date of retirement) to our Member & Employer Services Bureau. Please … than if you wait to purchase it at a later date. Your retirement benefit will be processed more quickly if your … of the cost after you leave the payroll, you must make payment within 30 days of notification. Updated as of 3/13 …
https://www.osc.ny.gov/retirement/publications/1642/applying-previous-or-military-service-creditRetiring with an Outstanding Loan – State Police Plan
… Tier 2 Members If you retire with an outstanding loan, the … examples of how much your reduction would be. Tier 5 and 6 Members If you retire with an outstanding loan, your …
https://www.osc.ny.gov/retirement/publications/1518/retiring-outstanding-loanTuckahoe Common School District - Extra-Classroom Activity (ECA) Funds (2018M-229)
… clubs maintained sufficient documentation to determine how much was collected or that receipts were accounted for. We …
https://www.osc.ny.gov/local-government/audits/school-district/2019/01/25/tuckahoe-common-school-district-extra-classroom-activity-eca-funds-2018m