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Partial Lump Sum Payment – Special 20- and 25-Year Plans
… your monthly benefit will be permanently reduced . For most members, you will receive your PLS along with your … you a special Option Election Form so you can choose a PLS percentage, or you can print it from the Option Selection … Amounts The amount of the PLS payment available to you is a percentage of the total actuarial value of your …
https://www.osc.ny.gov/retirement/publications/1517/partial-lump-sum-paymentPartial Lump Sum Payment – State Police Plan
… can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit … pension payment, at the end of the month following your retirement month. Eligibility To be eligible for the PLS … 25-year plan; Have been eligible to retire with a service retirement benefit for at least one year before your date of …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-paymentDiNapoli: February Local Sales Tax Collections Down 4.2 Percent; Year Over Year Decline Narrows
… state's 180,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-february-local-sales-tax-collections-down-42-percent-year-over-year-decline-narrowsAccounts Payable Advisory No. 4
… day, then two-digit year – NO SPACES. For example, to pay a regular Verizon bill for the phone number (518) 474-1212 associated with the … day, then two-digit year – NO SPACES. For example, to pay a Verizon summary bill with the 10-digit bill number …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/4-complex-entity-verizon-landline-servicesDiNapoli: New York State Fourth Nationwide in Credit Card Debt
… in the state from 2008 through 2013, the trend reversed in 2014 as per capita balances rose by more than 14 percent …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-new-york-state-fourth-nationwide-credit-card-debtSustainable Investments and Climate Solutions Program
… Siwo is the Director of the SICS program and will build on the Fund’s existing commitment by leading the effort to … and Climate Solutions (SICS) program to sics@osc.ny.gov . … Comptroller DiNapoli released a Climate Action …
https://www.osc.ny.gov/common-retirement-fund/sustainable-investments-and-climate-solutions-programDiNapoli Announces Sale of $636 Million State of New York General Obligation Bonds
… for March 16 of tax-exempt and taxable New York State General Obligation bonds, totaling $635.9 million. The state … projects authorized by the following voter-approved bond acts: Environmental Quality (1986), Clean Water / Clean …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-announces-sale-636-million-state-new-york-general-obligation-bondsOpinion 93-32
… -- Financial Disclosure (authority of State Comptroller to obtain access to annual financial disclosure statements) MUNICIPALITIES -- Officers and Employees (authority of State Comptroller to obtain access to annual financial disclosure statements) …
https://www.osc.ny.gov/legal-opinions/opinion-93-32State Agencies Bulletin No. 2344
… the April 2025 Longevity Payment for Long-Term Seasonal Employees for employees in positions represented by the Civil Service Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2344-april-2025-longevity-payment-long-term-seasonal-employeesSecurity and Effectiveness of Department of Motor Vehicles’ Licensing and Registration Systems
… Purpose To determine whether the Department of Motor Vehicles’ (Department) licensing and registration … and available to continue critical processing in the event of a disaster or mishap that disables normal processing. This … June 27, 2014. Background The New York State Office of Information Technology Services (ITS) was established in …
https://www.osc.ny.gov/state-agencies/audits/2014/09/19/security-and-effectiveness-department-motor-vehicles-licensing-and-registration-systemsVII.9.A Fringe Benefits and Indirect Costs Automation – VII. State Revenues and Appropriated Loan Receivables
… in the Statewide Financial System (SFS) on a more real-time basis that is better aligned with the timing of payroll … which requires staff resources and adds additional time to the proper reporting of the FBIC charges. In order … journals as necessary. If a Federal award project budget definition end date (liquidation date) is incorrect, prepare …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii9a-fringe-benefits-and-indirect-costs-automationMount Morris Central School District – Claims Auditor (2022M-131)
… take corrective action. Appendix B includes our comments on the District’s response. … Determine whether the Mount …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/23/mount-morris-central-school-district-claims-auditor-2022m-131Village of Andover – Water and Electric Cash Receipts (2019M-152)
… and electric cash receipts were recorded and deposited in a timely and accurate manner. Key Findings We reviewed … and found that they were properly recorded and deposited in a timely manner. However, the Board has not established … action. Appendix B includes our comment on an issue raised in the Village’s response. … Determine whether water and …
https://www.osc.ny.gov/local-government/audits/village/2019/10/25/village-andover-water-and-electric-cash-receipts-2019m-152Village of Arkport – Water Fund Financial Operations (2020M-45)
… records were not maintained, the modified accrual basis of accounting was not used and interfund activity was not … revenues and expenditures using the modified accrual basis of accounting. Segregate the Treasurer's financial duties or … controls, such as providing additional oversight of the Treasurer's work. Ensure billings comply with the …
https://www.osc.ny.gov/local-government/audits/village/2020/07/17/village-arkport-water-fund-financial-operations-2020m-45New GASB Standards
… Contract Reviews and Other Implementation Considerations (Video) KPMG Fixed vs. Variable Payments (Video) KPMG Reasonably Certain Criteria (Video) Office of the State Comptroller Guide to Financial …
https://www.osc.ny.gov/state-agencies/guidance/new-gasb-standardsOther Bulletin No. 21
… not processed automatically Affected Employees Employees in Bargaining Unit 96 who meet the eligibility criteria … as of the date the report is produced. The report does not exclude employees based on status on 07/16/14 … Time Entry earnings codes that are submitted with an amount will not be adjusted automatically. Therefore, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-21-april-2014-state-university-construction-fund-scfState Agencies Bulletin No. 1250
… the reason the employee’s record will not be updated. NYS Position Has Both Equated Grade and NTE Position and Job … the reason the employee’s record was not updated. NYS Position Has Both Equated Grade and NTE Position and Job … undeliverable, the agency should forward the check to the NYS Department of Tax and Finance, Division of Treasury, per …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1250-april-2012-management-and-confidential-mc-performance-advancesOpinion 91-46
… salary not less than the compensation received by the civil court judges of the city of New York. The court …
https://www.osc.ny.gov/legal-opinions/opinion-91-46XI.14.A Publication of Procurement Opportunities – XI. Procurement and Contract Management
… notice of state agency and public authority intentions to contract for goods and services in the amount of $50,000 or more in The New York State Contract Reporter . The statute requires publication of the newsletter … Exempted pursuant to procedures provided below. NOTE: No exemption shall be granted for any contracts, except for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi14a-publication-procurement-opportunitiesMission Statement and Performance Measures
… (Canal Corporation), a subsidiary public corporation of the Authority, was created by the State Legislature in … The Authority operates and maintains a 570-mile system of highways crossing New York State. The Canal Corporation is … it to its website which included the combined results of the Thruway's and Canal Corporation's performance. The …
https://www.osc.ny.gov/state-agencies/audits/2014/07/11/mission-statement-and-performance-measures