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Fiscal Stress Monitoring System Briefing for School District Officials
Presenters will provide an overview of how the system evaluates fiscal stress, what a change in score or designation does or does not signify, and common issues that appear to be affecting school districts.
https://www.osc.ny.gov/files/local-government/academy/pdf/fsms-schools-010825.pdfShareholders Send Exxon a Strong Message on Climate Change
ExxonMobil shareholders showed significant support for a motion asking the company to report on how its business will be affected by worldwide efforts to combat climate change despite the board of directors opposition
https://www.osc.ny.gov/press/releases/2016/05/shareholders-send-exxon-strong-message-climate-changeUnderstanding Your NYSLRS Membership
As a NYSLRS member its important to understand how your membership works and what benefits you are entitled to receive
https://www.osc.ny.gov/retirement/members/understanding-your-nyslrs-membershipThe Survivor’s Benefit Program for Retired NYS Employees
Information about The Survivors Benefit Program which provides minimum death benefit to the survivors of New York State retired employees
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-retired-nys-employeesCompliance With Special Education Regulations for the Provision of Services
… Objective To determine if the New York City Department of Education (DOE) arranged for eligible students to be … programs within the required time frames, and provided all of the services and programs recommended in the students’ … services and programs. Our audit covered the period of July 1, 2016 through January 21, 2020, and included all …
https://www.osc.ny.gov/state-agencies/audits/2020/09/30/compliance-special-education-regulations-provision-servicesNew York City Economy Continues to Set Records
… of any sector between 2009 and 2018 (193,000 jobs), an increase of 34 percent. That accounts for nearly a quarter of … by 80 percent since 2009 to 142,600 jobs. With an average salary of $152,900 in 2017, the tech sector has become one of …
https://www.osc.ny.gov/press/releases/2019/04/new-york-city-economy-continues-set-recordsNYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… (NYSLRS) today announced employer contribution rates for the State Fiscal Year 2021-22 will increase from 14.6 percent to 16.2 percent of payroll for the Employees’ Retirement System (ERS) and from 24.4 percent to 28.3 percent of payroll for the Police and Fire Retirement System (PFRS). NYSLRS is …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22DiNapoli: Nearly 1 in 3 Students Were Chronically Absent From School
… are also higher among economically disadvantaged students, English language learners and students with disabilities. In … well as for students that are economically disadvantaged, English language learners and with disabilities. Though New …
https://www.osc.ny.gov/press/releases/2024/10/dinapoli-nearly-1-3-students-were-chronically-absent-schoolCommon Reporting Errors: From AUD to AFR
In this session, you will learn about common reporting errors made by local governments when completing annual reports and our staff will explain how to correctly report the underlying transactions. The presenters will provide examples of these errors as made in the Annual Update Document (AUD) and
https://www.osc.ny.gov/files/local-government/academy/pdf/common-reporting-errors-aud-afr-12-7-22.pdfReducing Medicaid Costs for Recipients With End Stage Renal Disease (Follow-Up)
… in Medicare, Medicare becomes the primary insurer (payer) and Medicaid the secondary. As a secondary payer, rather than … pays the recipient’s Medicare premiums, deductibles, and coinsurance amounts, which allows for a significant … Of the initial report’s five audit recommendations, one was implemented, three were partially implemented, and …
https://www.osc.ny.gov/state-agencies/audits/2018/09/05/reducing-medicaid-costs-recipients-end-stage-renal-disease-followManagement's Responsibility for Internal Controls
Internal controls are essential to the effective operation of local governments and school districts. This webinar will explain the integrated internal control framework and discuss how a properly designed internal control system can reduce the likelihood that significant errors or fraud will occur.
https://www.osc.ny.gov/files/local-government/academy/pdf/management-responsibility-internal-controls-080223.pdfNYS and NYC Pension Funds To SEC: Greater Disclosure Needed On Risks Faced By Fossil Fuel Industry
… be no impact. In their letter to Commissioner Mary Jo White , the Comptrollers note that volatility in the fossil …
https://www.osc.ny.gov/press/releases/2015/04/nys-and-nyc-pension-funds-sec-greater-disclosure-needed-risks-faced-fossil-fuel-industryDiNapoli Urges State to Improve Nursing Home Equipment Inspections
… by State Comptroller Thomas P. DiNapoli. "New York state is doing the bare minimum when it comes to inspecting … New York state. The agency assesses and certifies nursing home compliance through unannounced, on-site inspections, … Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-urges-state-improve-nursing-home-equipment-inspectionsDiNapoli Reaffirms Commitment to DEI Initiatives
… Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced various initiatives … orientations, and physical abilities, and empowering them for success should not be controversial.” Diversity, equity, … Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and invests the …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-reaffirms-commitment-dei-initiativesDiNapoli: Audit Recommends Better Protections for Child Performers
… ago, and 29 percent over 10 years ago. In some cases, the funds have been held for so long that the performers are no …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-audit-recommends-better-protections-child-performersState Comptroller DiNapoli Statement on New York City Teachers' Contract Agreement
… “The news of Mayor de Blasio and the UFT reaching an agreement for a long … largest city and municipal workforce. I applaud Mayor de Blasio and UFT President Michael Mulgrew for reaching this difficult milestone so quickly.” … The news of Mayor de Blasio and the UFT reaching an agreement for a long …
https://www.osc.ny.gov/press/releases/2014/05/state-comptroller-dinapoli-statement-new-york-city-teachers-contract-agreementXII.4.B.1 Supporting Information – XII. Expenditures
… SECTION OVERVIEW The purpose of this section is to provide guidance to assist agencies in determining whether claims for payment from vendors and state employees are appropriate to … can reduce the risk of agencies overpaying vendors for the incorrect type, quantity, and/or price of goods and services …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii4b1-supporting-informationState Agencies Bulletin No. 1539
… Purpose To provide agencies with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1539-two-year-look-back-tier-6-tiaa-voluntary-defined-contribution-vdcState Agencies Bulletin No. 1035
… advice statement; “FRB” will appear on the employee’s Form W-2 in box 14 with the CLEFR amount. Communication to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1035-certification-licensure-and-exam-fee-reimbursement-clefr-2010State Agencies Bulletin No. 1106
… Employees A letter will be sent by the Governor’s Office of Employee Relations to affected PEF and M/C participants … explaining the tax rules. CSEA participants are informed of the taxability upon enrollment in the program. Questions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1106-certification-licensure-and-exam-fee-reimbursement-clefr-2011