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Determining the Ex-spouse's Share – Divorce and Your Benefits
… are marital assets subject to equitable distribution in the event of a divorce. A member and ex-spouse may establish a pension benefit distribution. The most common equitable distribution formula for a public …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-shareForensic Audit of Dual Employment Approvals and Conflicts
… Metropolitan Transportation Authority (MTA) employees who also worked for a New York State or City agency had approval to do so; were working their required hours at each employer; … we found that the MTA and its agencies had 78 employees who were dually employed and earning more than $10,000 from …
https://www.osc.ny.gov/state-agencies/audits/2013/12/19/forensic-audit-dual-employment-approvals-and-conflictsDiNapoli: MTA Budget Gaps Driven By Fare Revenue Drop
… and will rebound to make up 32.2% of total revenue by 2026. For this to happen, they’ve included proposed fare … $700 million. Other comparable systems, including Chicago and Philadelphia, also received transit subsidy … City Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-mta-budget-gaps-driven-fare-revenue-dropPension Contribution Rates to Decrease for Fiscal Year 2015-16
… assumption from Society of Actuaries Scale AA to MP-2014. The recommendation was supported by a report from …
https://www.osc.ny.gov/press/releases/2014/09/pension-contribution-rates-decrease-fiscal-year-2015-16Efforts to Collect Tolls and Fees Using License Plate Images and Law Firms (Follow-Up)
… notice are also sent to the collection agency. The Top 200 list of violators from the Tolling Operations are …
https://www.osc.ny.gov/state-agencies/audits/2021/10/07/efforts-collect-tolls-and-fees-using-license-plate-images-and-law-firms-followBus Wait Assessment and Other Performance Indicators
… departure time at each of its assessed (terminal or en route) time points. Schedulers at both Transit and MTA Bus …
https://www.osc.ny.gov/state-agencies/audits/2019/05/07/bus-wait-assessment-and-other-performance-indicatorsService Credit for Tiers 2 through 6
… non-contributory plans: Free For service from 4/1/60 to 6/30/76: 3% of gross earnings 3% of gross earnings plus … after you leave the payroll, you must make payment within 30 days of notification. Note: If your purchased service …
https://www.osc.ny.gov/retirement/publications/service-credit-tiers-2-through-6Capital One Bank Accounts
… Purpose To determine the purpose of 15 unauthorized bank accounts established by the Metropolitan Transportation … The Metropolitan Transportation Authority (MTA) is a public benefit corporation providing transportation … and headquarter departments comply with procedures for opening bank accounts, including instructions that are to be …
https://www.osc.ny.gov/state-agencies/audits/2014/01/27/capital-one-bank-accountsSelected Aspects of Travel Expenses
… Background The Metropolitan Transportation Authority (MTA) is a public benefit corporation providing transportation … staff to follow. MTA’s Board approved an All Agency Policy Directive entitled “Travel and Business Expense” (travel policy directive) which states that “MTA Headquarters and each of …
https://www.osc.ny.gov/state-agencies/audits/2015/05/18/selected-aspects-travel-expensesFare Evasion
… Objectives To determine whether New York City Transit (Transit) and the Metropolitan Transportation Authority (MTA) Bus Company (MTA Bus) reported accurate estimates of revenue …
https://www.osc.ny.gov/state-agencies/audits/2021/04/15/fare-evasionDiNapoli Finds Subway Wait Times Got Worse from 2013 to 2014
… length of time between trains. "The MTA is very clear that it considers its wait time assessment to be its most … New York's subway riders deserve better." Wait Times Getting Worse Transit sets targets for the number of minutes … are potentially misleading for several reasons. First, Transit uses a score that is an average of averages. …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-finds-subway-wait-times-got-worse-2013-2014DiNapoli: MTA Faces $9.8 Billion Capital Plan Shortfall
… could lead to less reliable service or higher fares and tolls.” While the short-term outlook for the MTA’s operating … $224 million in 2019 despite its plans to raise fares and tolls by 4 percent in both 2017 and 2019. The MTA has not yet … In response, the MTA cut services and raised fares and tolls by 10 percent, and the state raised dedicated transit …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-mta-faces-98-billion-capital-plan-shortfallTransforming the Procurement Function
… Objective To determine whether the Metropolitan Transportation Authority (MTA) took action to comply with the MTA Board-approved Transformation Plan, resulting in improved service levels for the customer, …
https://www.osc.ny.gov/state-agencies/audits/2024/12/26/transforming-procurement-functionSelected Performance Measures (Follow-Up)
… The Metropolitan Transportation Authority (MTA) is a public benefit corporation chartered by the New York State … Rail Road (LIRR), New York City Transit (Transit), and MTA Bus Company (MTA Bus). (The latter four are the focus of this … measures are also reported to committees of the MTA Board monthly. Certain measures are also reported on the …
https://www.osc.ny.gov/state-agencies/audits/2022/04/08/selected-performance-measures-followManagement of Cash and Investments
… Purpose To determine whether the Metropolitan Transportation … Key Findings MTA follows certain important practices to manage cash and to maximize return on its investment …
https://www.osc.ny.gov/state-agencies/audits/2013/02/13/management-cash-and-investmentsMTA Headquarters and MTA Capital Construction – Travel and Entertainment Expenses
… incurred by Metropolitan Transportation Authority (MTA) Headquarters and MTA Capital Construction for travel and entertainment … in certain controls pertaining to the use of MTA corporate travel and procurement cards. For example, we …
https://www.osc.ny.gov/state-agencies/audits/2015/02/02/mta-headquarters-and-mta-capital-construction-travel-and-entertainment-expensesDiNapoli: $2.9 Billion Hole Threatens MTA’s Capital Program
… Transportation Authority’s debt levels found the MTA does not have the resources to fully fund its $54.8 billion … revenue make it unlikely that it can afford all the work it planned. The numbers just don’t add up. Either … by $2.9 billion or more or further delay projects. Just how the MTA will move forward with the most ambitious capital …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-29-billion-hole-threatens-mtas-capital-programSelected Aspects of Bus Procurement
… MTA officials potentially missed an opportunity to obtain $256 million of grant monies. MTA did not follow procedures by …
https://www.osc.ny.gov/state-agencies/audits/2014/03/03/selected-aspects-bus-procurementDiNapoli: MTA Financial Outlook Improved
… (MTA) budget has improved considerably over the past year thanks to the economic recovery as well as low … through 2020. The MTA projects a year-end cash balance of $200 million in 2016 (two-thirds higher than previously … or taxpayers. The MTA is funding 40 percent of the cost of the capital program ($11.8 billion), including $8.2 …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-mta-financial-outlook-improvedHomeless Outreach Program at Penn Station, Grand Central, and Outlying Stations Within New York City
… responsibility of not only the MTA, but also Amtrak and NJ Transit. MTA’s contract with BRC at this station is …
https://www.osc.ny.gov/state-agencies/audits/2019/07/23/homeless-outreach-program-penn-station-grand-central-and-outlying-stations-within-new-york