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Member Contributions
… Whether a member contributes, and how much, depends on their tier . However, exceptions may apply to some members … or the Police and Fire Retirement System (PFRS), depending on their retirement plan. Tier 6 ERS and PFRS Tier 6 … offer a non-contributory 20- or 25-year plan was in effect on January 9, 2010, any new employees who joined while that …
https://www.osc.ny.gov/retirement/employers/member-contributionsNot-For-Profit Prompt Contracting Annual Report - 2015 Calendar Year
As this report shows, we are at last seeing signs of improvement in NFP contracting, but much work remains to be done.
https://www.osc.ny.gov/files/state-agencies/contracts/pdf/prompt-contracting-report-2015.pdfDiNapoli: State Missing Out on Millions in Medicare Payments for Kidney Patients
… initiative to defray Medicaid program costs." Medicaid is a federal, state, and locally funded medical program that … Medicaid recipients with ESRD and helps guide them on how to apply for and enroll in Medicare. In response to the … enrollment of Medicaid recipients diagnosed with ESRD, as long as they met ESRD Medicare requirements. This could allow …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-state-missing-out-millions-medicare-payments-kidney-patientsBorrowing Against Your Contributions – State Police Plan
… must repay each outstanding loan in an amount sufficient to repay the loan and interest within five years. Loans are … are fully insured in case you die before repaying them. How Much You Can Borrow The minimum loan is $25. The maximum … in to your Retirement Online account , then look under “My Account Summary” to see the available self-service loan …
https://www.osc.ny.gov/retirement/publications/1518/borrowing-against-your-contributions-0Open Book New York
… Chief Financial Officer, Comptroller DiNapoli believes New Yorkers deserve to know how their tax dollars are spent. … spending priorities using the Comptroller's Open Book New York. Also see Additional Financial Information . State … state since April 1, 2012, which now includes about 17,000 new payments each day, and contains the agency submitting the …
https://www.osc.ny.gov/open-book-new-yorkMedicaid Drug Rebate Program Under Managed Care (Follow-Up)
… recommendations made in our initial audit report, Medicaid Drug Rebate Program Under Managed Care (Report 2014-S-41 ). … able to recover a portion of the Medicaid prescription drug costs by requesting rebates from drug manufacturers. The Affordable Care Act, enacted in 2010, …
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
… helped in the rescue, recovery and cleanup efforts at the World Trade Center. From Ground Zero to the Fresh Kills … about laws that may apply to those who participated in World Trade Center rescue recovery or cleanup efforts …
https://www.osc.ny.gov/retirement/publications/world-trade-center/message-comptroller-thomas-p-dinapoliChatham Central School District – Financial Condition (2015M-161)
… of Ghent, Canaan, Austerlitz, Kinderhook and New Lebanon, Columbia County. The District, which operates three schools …
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)
… officials maintained accurate and supported employee leave accrual records. Key Findings Employee timekeeping records were inconsistent and leave used was not always deducted from the leave accrual records. Our tests of 69 employees found 12 … officials maintained accurate and supported employee leave accrual records …
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
… you can take a loan from NYSLRS. If you aren’t required to contribute (determined by your tier and retirement plan), … are fully insured in case you die before repaying them. How Much You Can Borrow The minimum loan is $25. The maximum … in to your Retirement Online account , then look under “My Account Summary” to see the available self-service loan …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsWestbury Union Free School District - Financial Condition and Overtime (2018M-84)
… officials properly monitored and approved overtime for noninstructional employees. Key Findings The Board … officials did not properly monitor and approve overtime for non-instructional employees. Key Recommendations District …
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)
… [read complete report - pdf] We also released four letter reports to the following BOCES: Capital Region [pdf] , … districts to receive the lowest price for chocolate fat free milk half-pints. May have saved as much as $355,000 (15 percent) on fat free chocolate milk half pints in 2016-17, in places where it …
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)
… in each reserve fund, how each reserve would be funded or when reserve funds would be used. Amounts retained in two …
https://www.osc.ny.gov/local-government/audits/school-district/2015/11/13/rocky-point-union-free-school-district-financial-condition-2015m-170DiNapoli: Audit Finds Misuse of Funds in Town of Fishkill
… The former recreation director in the town of Fishkill allegedly misused as much as $50,000 … The former recreation director in the town of Fishkill allegedly misused as much as $50000 …
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
… Comptroller Thomas P. DiNapoli. Unemployment among 16- to 24-year-olds stands at nearly 18% in the city, as compared to … career opportunities for young job seekers or the city’s economic recovery will be stifled even further,” DiNapoli … impact on young people of color and young men.” DiNapoli’s report found unemployment rates among young people in the …
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
… of audits conducted by DiNapoli's office of 161 local government and seven public authority water systems from … through May 2017. "Water leaks, broken pipes and aging infrastructure are costing local governments millions of … For access to state and local government spending, public authority financial data and …
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
… To receive credit for any type of previous or military service, send a written … Requesting credit for your previous public employment as early in your career as possible ensures that: If there is a … benefit, you must request this credit while you are on the payroll of a participating employer. If you receive a …
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 annuity portion of your retirement benefit will be permanently reduced . You cannot pay off your loan once you retire. The amount of your annuity reduction will be based on your age, your loan balance at retirement and the type of retirement …
https://www.osc.ny.gov/retirement/publications/1518/retiring-outstanding-loanApplying for Previous or Military Service Credit – Regional State Park Police Plan
… To receive credit for any type of previous or military service, send a written … much information as you can about the period of employment for which you are seeking credit. We will determine your … the credit and any cost involved. Requesting credit for your previous public employment as early in your career …
https://www.osc.ny.gov/retirement/publications/1867/applying-previous-or-military-service-credit