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XII.6.E Making an Emergency Payment – XII. Expenditures
… SECTION OVERVIEW AND POLICIES This section informs Business Units how to process vouchers to vendors when an … unexpected situation occurs where health and public safety or the conservation of public resources is at risk and an … an emergency. The Office of the State Comptroller’s (OSC) Bureau of Contracts’ approval must be obtained for an …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6e-making-emergency-paymentVII.10.B Establishing and Increasing a Cash Advance – VII. State Revenues and Appropriated Loan Receivables
… by the agency’s Chief Fiscal Officer to OSC’s Bureau of State Accounting Operations (BSAO) Cash Management Unit … to, the following information. A six month analysis of vouchers previously paid by OSC which could have been paid … if it were in existence at the time. For example: Number of vouchers and total dollar value of vendor claims paid …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10b-establishing-and-increasing-cash-advanceState Agencies Bulletin No. 1964
… destroyed payroll check that requires a reversal, please email the completed AC230 to the Payroll Reversal and … destroyed payroll check that requires an exchange, please email the completed AC1476 and supporting documents to the … incorrect payee name). Ensure the employee’s address is up to date in the Modify a Person page and verify the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1964-new-process-request-stop-payment-replacement-reversal-or-exchange-newXII.9.H Audit Recoveries – XII. Expenditures
… (518) 474-4868 and request that State Expenditures escrow funds due to the contractor up the amount purportedly due and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii9h-audit-recoveriesForms for State Agencies and Employees
… Photocopy of Check or Forgery Affidavit Fillable PDF Travel AC 132‑A Travel Voucher Form AC 132-A is now obsolete and has been … and defined ( PDF ) Fillable PDF Fillable Word AC 160‑S Statement of Automobile Travel Fields numbered and defined ( …
https://www.osc.ny.gov/state-agencies/formsAdministrative Hearings
… Overview If you feel you were incorrectly denied a benefit, such as a … You should contact the Hearing Administration staff to submit your proposed exhibits using NYSLRS’ secure email. The … email and mailing address, and a phone number where you can be reached during the day. Anyone who has had a …
https://www.osc.ny.gov/retirement/members/administrative-hearingsDiNapoli: $10 Million Ponzi Scheme Unraveled Following Nassau County District Attorney Investigation
… the Federal Bureau of Investigation and the United States Postal Inspection Service for their continued partnership and diligence in … NY 12236. Review prior cases at http://www.osc.state.ny.us/investigations . … Comptroller DiNapoli and Nassau County …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-10-million-ponzi-scheme-unraveled-following-nassau-county-district-attorney-investigationOpinion 2005-5
… that bear on the issues discussed in the opinion. POLICE AND POLICE PROTECTION -- Police Chief (entitlement to … the next subordinate police officer in the village police department is a member is increased, but the benefits under … 207-m is intended to allow for a local government that, by special act, is granted authority to bargain for a defined …
https://www.osc.ny.gov/legal-opinions/opinion-2005-5Inflation in the New York City Metropolitan Area
… and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in March 2022 compared to the same month a … now growing at the highest annual rate in 30 years in the NYC metro area. 2 During this high inflationary period, …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… P. DiNapoli today announced employer contributions rates for the New York State and Local Retirement System (NYSLRS) for State Fiscal Year (SFY) 2025-26. Employers’ average contribution rates will increase from 15.2% to 16.5% of payroll for the Employees’ Retirement …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26NYSLRS Announces Employer Contribution Rates for SFY 2026-27
… Thomas P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System … Fiscal Year (SFY) 2026-27. Employers’ average contribution rates will increase from 16.5% to 17.6% of payroll for the … plan combinations. In the SFY that ended March 31, 2025, NYSLRS paid out nearly $16.8 billion in benefits. …
https://www.osc.ny.gov/press/releases/2025/09/nyslrs-announces-employer-contribution-rates-sfy-2026-27DiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… System (NYSLRS) employer contribution rates will decrease for fiscal year 2016-17 and the assumed rate of return for NYSLRS will be lowered from 7.5 percent to 7 percent. … on Actuarial Assumptions. The announced rates will apply to each employer's salary base during the period April …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnState Agencies Bulletin No. 872
… Purpose To inform agencies of the new process for checking the Retirement Plan checkbox in Box … those who do not participate. All employment positions in New York State government offer retirement system membership. … W-2 should be checked. However, the exception is New York State employees who earned wages in 2008 and also …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/872-change-process-retirement-plan-checkbox-form-w-2DiNapoli: State Pension Fund Releases Annual Investment Return
… New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March … real estate and real assets (13.39%) and credit, absolute return strategies and opportunistic alternatives (6.33%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is tied to …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnDiNapoli: Ontario County Resident Pleads Guilty to Stealing Funds From New York State Retirement System
… New York State Comptroller Thomas P. DiNapoli and Ontario County District Attorney James Ritts announced today … taxpayers,” DiNapoli said. “Thanks to our partnership with Ontario County District Attorney James Ritts and Ontario County Sheriff Kevin Henderson, we were able to stop …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-ontario-county-resident-pleads-guilty-stealing-funds-new-york-state-retirement-systemOperational Advisory No. 2
… the fiscal year by the Bureau of State Expenditures based on the last modified date on the voucher. This is an effort to clean up vouchers prior … from April 1 to March 31, which are unapproved and remain on the system, will be deleted by March 31, 2014. Adjustment …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/2-sfs-transaction-deadlinesXIV.3.B Short Term Investment Pool (STIP) – XIV. Special Procedures
… parts. In this way STIP can be compared with a money market fund, with the individual funds investing moneys not … for day-to-day activities or to make payments in the money market fund. Although state funds are pooled in the STIP, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3b-short-term-investment-pool-stipDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… today released an independent fiduciary and conflict of interest review of the New York State Common Retirement … and conflict of interest standards.” Funston Advisory Services (FAS), who conducted the review, repeatedly warned, … to most peers it remains severely understaffed for its scale and complexity, with underdeveloped risk analysis and …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingDeath Benefits
… is listed in your Retirement Online account and on your Member Annual Statement. Be sure to keep your … service, and your death is not the result of an on-the-job accident, your beneficiary may be entitled to an ordinary … is reduced 4 percent per year starting at the age of 62 (63 for Tier 6 members) but cannot be reduced below 60 …
https://www.osc.ny.gov/retirement/members/death-benefitsDirect Deposit Program
… financial institutions or accounts will affect whether you receive your monthly pension benefit. If anything … have your joint account holder sign the form. It’s best to do this in advance so you can upload the completed form while … you will receive a paper check which will be mailed to the address we have on file for you. Checks are mailed on the …
https://www.osc.ny.gov/retirement/retirees/direct-deposit-program