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DiNapoli Releases Year-End and April Cash Reports
… Tax collections in April were more than $1 billion, or 17 … sharper than expected, was primarily in Personal Income Tax (PIT) collections, where a number of states experienced … unexpected declines in April as most taxpayers settled tax liabilities for 2013. "The state ended the last fiscal …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-releases-year-end-and-april-cash-reportsState Comptroller DiNapoli Statement on New York City Budget & Financial Plan
… Thomas P. DiNapoli released the following statement on Mayor Adams’ preliminary budget proposal: “Mayor Adams put … savings starting FY 2023 which will allow it to focus on managing its expired contracts, which now cover about half … Thomas P DiNapoli released the following statement on Mayor Adams preliminary budget proposal …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-statement-new-york-city-budget-financial-planState Agencies Bulletin No. 1706
… Plan (NYSDCP) Affected Employees DMNA employees in agencies 01071, State Active Duty (SAD), and 01072, … of the Division of Military and Naval Affairs, employees in Bargaining Unit DM and Benefit Program DMN will be eligible to participate in the NYSDCP. Effective Date(s) Institution Paychecks dated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1706-new-deferred-compensation-eligibility-division-military-and-navalState Comptroller Thomas P. DiNapoli Statement on New York City's Executive Budget
… and can avoid drastic actions for short-term savings. The restoration of planned cuts should be followed by renewed …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-york-citys-executive-budgetState Comptroller Thomas P. DiNapoli Statement on New York State Budget for SFY 2022-23
… weeks." Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data initiative, search millions of state and local …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-thomas-p-dinapoli-statement-new-york-state-budget-sfy-2022-23Optional Service Credit Purchase Payments – Enhanced Reporting
… will provide a link to the Loan/SCP Deductions page in Retirement Online , which will list the member’s service … page and view SCP deductions for your employees: Sign in to Retirement Online . From your Account Homepage, click … the notification. Members can make lump sum payments in addition to payroll deductions. The easiest way for …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/optional-service-credit-purchase-paymentsState Agencies Bulletin No. 767
… of Earned Income Credit directly from their employer in the form of regular EIC payments added to their paychecks. … , available on November 30, 2007, identifies employees in each agency who currently claim Earned Income Credit. The … Data Page and made effective for the first payroll check in 2008. For Institution agencies, the effective date is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/767-advance-payment-earned-income-creditState Agencies Bulletin No. 2240
… is to notify agencies that employee participation in tax-sheltered annuity plans must be suspended while an … Compensation-related benefits are also exempt from federal income taxes, New York State income taxes, and local … return from leave. This applies to the following payroll deduction codes: Plan Type Deduction Code Description 46 403 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2240-suspension-403b-tax-sheltered-annuity-plans-employees-workersLife Changes: Membership in a Nutshell
… Local Retirement System (NYSLRS) can directly affect your financial future and the future of your loved ones. Whether … qualified retirement plan. You may want to consult a tax advisor for additional information. If you are an ERS member … one or more beneficiaries to receive your death benefit. Life circumstances sometimes change and the beneficiary you …
https://www.osc.ny.gov/retirement/publications/life-changes-membership-nutshellDeduction Codes
General Deduction Codes April 2026
https://www.osc.ny.gov/files/state-agencies/payroll/pdf/deduction-codes.pdfState Agencies Bulletin No. 1037
… of the current year. The Federal, Social Security, Medicare, State and Local taxable wages cannot be reduced by … the current year if wages from a prior year are repaid. As part of year end processing, OSC will issue a Credit … Bulletin 837 (Change in Procedures for Correcting W-2C’s due to AC230s) for additional information regarding Credit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1037-taxation-recovered-salary-overpaymentsPreparing and Applying for Retirement
… is a big step, and we want to make sure you’re ready when the time comes. Below you’ll find guidance on preparing for … of during retirement. If your retirement is further in the future, it is never too early to start planning for … a physical or mental condition. For more information about the types of benefits available and how to apply, visit our …
https://www.osc.ny.gov/retirement/members/preparing-and-applying-for-retirementDiNapoli Statement on the Passing of His Father Nicholas DiNapoli
… To us, he was just the greatest father and grandfather in the world. My brother James and I are grateful for the … to our father over the years. Please continue to keep him in your prayers. For those who have asked, visiting hours … parking is limited at the funeral. Donations may be made in his name to: Hospice Care Network, 99 Sunnyside Blvd. …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-statement-passing-his-father-nicholas-dinapoliState Agencies Bulletin No. 246
… Purpose To explain the conversion of deduction code 768 from a general deduction to direct … To explain the conversion of deduction code 768 from a general deduction to direct …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/246-conversion-general-deduction-direct-depositFormer Treasurer of Patterson Fire Department Sentenced to 33 Months in Prison for Embezzlement and Filing False Tax Returns
… by U.S. District Judge Nelson S. Roman to 33 months in prison for fraud and tax charges arising out of his … fraud, which carries a maximum sentence of 20 years in prison, and one count of subscribing to false tax returns, … which carries a maximum sentence of three years in prison. In addition to the prison sentence, MELIN, 46, of …
https://www.osc.ny.gov/press/releases/2017/02/former-treasurer-patterson-fire-department-sentenced-33-months-prison-embezzlement-and-filing-falseState Agencies Bulletin No. P-969
1998 Changes in Federal Income Tax
https://www.osc.ny.gov/files/state-agencies/payroll-bulletins/pdf/agencies-p-969.pdfMessage from the Comptroller – 2023 Financial Condition Report
… asylum and significant reductions to projected State tax revenues driven by declining personal income tax receipts. Federal aid provided $89.6 billion, or 38 percent, of the … recovery in New York relative to the rest of the nation. My hope is that this Financial Condition Report can serve as …
https://www.osc.ny.gov/reports/finance/2023-fcr/message-comptrollerNY ABLE Program Helps New Yorkers With Disabilities and Their Families Cover Costs
… discussed the program today at a press conference in Albany. "This program offers families and individuals … benefits." The NY ABLE legislation was signed into law in December 2015. The bill authorized the Office of the State … agreement is available at https://cdn.unite529.com/jcdn/files/NYB/pdfs/programdescription.pdf . *ABLE …
https://www.osc.ny.gov/press/releases/2017/10/ny-able-program-helps-new-yorkers-disabilities-and-their-families-cover-costsBorrowing Against Your Contributions – Article 14 Benefits
… Retirement System. Before you apply, you should be aware of the federal tax laws pertaining to Retirement System … tax consequences for you. You do not make the required payments on your loan at least once every three months or do … be for a minimum of $1,000, so you must have an account balance of at least $1,334. The total of all your loans may …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsState Agencies Bulletin No. 778
… percentage of Federal, State and local withholding taxes in PayServ Effective Date(s) Immediately Background There are State employees whose current tax withholdings in PayServ are based on a fixed amount or percentage. … tax form, and update the employee’s Tax Data page(s) in PayServ accordingly. These records must be updated by …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/778-fixed-amounts-tax-withholding