Search
Available Options – Career Plan
… initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an actuarial term for the … you will receive your initial value amount and more in your monthly retirement benefit. However, if you die after … depending upon which option you elect, payments in the same amount you were receiving (without COLA) will be …
https://www.osc.ny.gov/retirement/publications/1642/available-optionsAvailable Options – New Career Plan
… initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an actuarial term for the … you will receive your initial value amount and more in your monthly retirement benefit. However, if you die after … depending upon which option you elect, payments in the same amount you were receiving (without COLA) will be …
https://www.osc.ny.gov/retirement/publications/1515/available-optionsOpinion 94-4
… or statutory amendments that bear on the issues discussed in the opinion. CLAIMS -- Audit (manner of execution of … against a town may be paid unless an itemized voucher in the form prescribed by the town board, or by the town … Section 118(1) does not prescribe the form or manner in which the statement of the officer whose action gave rise …
https://www.osc.ny.gov/legal-opinions/opinion-94-4State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… investment returns to the state pension fund consistent with the risk of private equity. The program invests in New … and financial guidance. We view New York State as a region with a great depth and diversity of corporate and … in the state. Graycliff Partners is pleased to partner with Comptroller DiNapoli and the New York State Common …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… rate for ERS will be lowered from 16.2% to 11.6% of payroll. The estimated average employer contribution rate for PFRS will be reduced from 28.3% to 27% of payroll. According to the Fund’s Actuary’s estimates, the …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDue Diligence for Companies Holding Abandoned Funds
… Companies that hold abandoned funds are required to attempt to contact the rightful owner of the property before … or a verifiable login by the owner using a website or mobile application made available by the holder. See NYCRR …
https://www.osc.ny.gov/unclaimed-funds/reporters/due-diligence-companies-holding-abandoned-fundsDiNapoli Report Examines State School Aid Trends
… school districts has increased $6 billion to $23.3 billion in 2015-16, according to a report issued today by State … P. DiNapoli which examined school aid patterns and trends in New York. “School aid is the largest single state-funded … and the public additional information on education funding in New York.” Over the past decade, school aid has averaged …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-report-examines-state-school-aid-trendsCUNY Bulletin No. CU-720
… are affected: Employees represented by District Council 37 in Bargaining Units CC, CD, SF, SJ, T9, TG, TH, TJ, TK, TL, … 10993, 10994 Employees represented by Teamsters Local 237 in Bargaining Units SB, SC, SE, SL, SM, SP, ST, SU, SV, SW, … SX, SZ, TS, or TT Employees represented by SEIU Local 300 in Bargaining Unit S6 Note : The Zip Code criteria is only …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-720-prepaid-legal-service-benefit-cuny-employeesSUNY Bulletin No. SU-302
… and Retention Payments. Affected Employees Employees in the State University Graduate Student Negotiating Unit … Enhancement Fund based on the number of employees in BU28 to facilitate the recruitment and retention of new and existing doctoral students in selected programs. Certain comprehensive colleges are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-302-suny-recruitment-and-retention-payments-gsnu-employeesState Agencies Bulletin No. 1892
… Employees Employees meeting the criteria as explained in this bulletin are affected. Effective Dates Effective … must notify employees who meet the criteria outlined in this bulletin. Summary of Changes To date, the IRS has … Rates All Federal tax withholding rate changes effective in the first paycheck of January, 2021. Federal Withholding …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1892-summary-tax-related-changes-2021Area #7 – Access Controls – Information Technology Governance
… employee names and Social Security numbers. The first step in implementing adequate access controls is determining what … is limited to very few individuals who have a valid business need for such access; and IT users are restricted … their responsibilities. There should be written procedures in place for granting, changing and revoking access to the …
https://www.osc.ny.gov/local-government/publications/it-governance/area-7-access-controlsOpinion 89-44
… or statutory amendments that bear on the issues discussed in the opinion. VILLAGE JUSTICE -- Acting Justice (reporting … required to be established by Village Law, §3-301(2)(a) in the event a village has only one village justice. An … "shall serve when requested by the village justice or in the absence or inability of the village justice to serve" …
https://www.osc.ny.gov/legal-opinions/opinion-89-44Virtual Currency Licensing
… applicants, DFS stated it used a website to search for tax warrants but could not document this action and did not … evidence that it was sufficiently verifying applicants’ tax obligations. We discovered lags between the submission of …
https://www.osc.ny.gov/state-agencies/audits/2024/01/02/virtual-currency-licensingUpdate Your Contact Information
… You can also use Retirement Online to choose email as your delivery preference for correspondence and other important … copies are mailed. Note: If you choose email as your delivery preference, you will not receive a printed copy in the mail. Regardless of your delivery preference, you will be able to view and print your …
https://www.osc.ny.gov/retirement/update-your-contact-informationManagement of Indoor Air Quality for Individuals With Asthma (Follow-Up)
… report, Management of Indoor Air Quality for Individuals With Asthma (Report 2020-S-59 ). About the Program Asthma is … than 1.4 million adults and 315,000 children are living with asthma. The COVID-19 pandemic had significant impacts on …
https://www.osc.ny.gov/state-agencies/audits/2024/09/09/management-indoor-air-quality-individuals-asthma-followTravel Advisory No. 13
… The Internal Revenue Service and the U.S. General Services Administration issued new standard mileage rates for 2025. The standard rate for personal vehicle mileage is …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/13-updated-mileage-ratesDiNapoli: Audit Finds Major Shortcomings in Oversight of School Safety Planning
… safety planning, including whether those plans are shared with local first responders, according to an audit released … they had adopted annual safety plans in accordance with SED guidance, held public hearings on the plans, … it has collected or monitored school districts’ compliance with other requirements in the law or regulations. Absent …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-audit-finds-major-shortcomings-oversight-school-safety-planningComptrollers DiNapoli & Stringer Call on Corporations to Protect LGBT Rights Around World
… "The momentum of the LGBT civil rights movement here in the U.S. is inspiring, but LGBT men and women face a … U.S. to ensure their policies are upheld wherever they do business. DiNapoli and Stringer manage combined investments … Russian gay community continue to appear on VKontakte (VK.com). The letter notes that one group in particular, calling …
https://www.osc.ny.gov/press/releases/2014/06/comptrollers-dinapoli-stringer-call-corporations-protect-lgbt-rights-around-worldState Agencies Bulletin No. 828
… Retired or Deceased will be automatically cancelled by OSC with the exception of the following: Code Narrative 410 … eligible employees who are now deceased should be returned with a completed Next of Kin Affidavit ( Form AC 934-P ) and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/828-april-2007-and-april-2008-50000-longevity-payments-long-term-seasonalState Agencies Bulletin No. 808
… Retired or Deceased will be automatically cancelled by OSC with the exception of the following: Code Narrative 410 … eligible employees who are now deceased should be returned with a completed Next of Kin Affidavit ( Form AC 934-P ) and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/808-april-2007-and-april-2008-50000-longevity-payments-long-term-seasonal