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CUNY Bulletin No. CU-569

… Purpose To notify CUNY agencies of a new deduction code for after-tax (ROTH) contributions to the 403(b) plan … approves TIAA to be the sole investment provider for the Tax Deferred Annuity Plan. Furthermore, the … 403 ROTH) in PayServ. Agency update will be available for this deduction code. Outbound vendor files will be …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-569-new-403b-after-tax-deferred-annuity-plan-roth-cuny

Vested Retirement Benefit – En-Con Police Officers Plan

… if you leave public employment before retirement age and have five years of credited service. When you reach … be entitled to a retirement benefit based on your service and salary earned when you were an active member. 1 The date … to file a retirement application when you become eligible and wish to receive your vested benefit. 1 Updated 10/22 … …

https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefit

Tier Status – Article 14 Benefits

… plan and your employer offers the one-year final average salary benefit for your employee group; or Are employed by the City of … and Fire Retirement System. … Article 14 information for PFRS Tier 3 members Covers pension disability and death …

https://www.osc.ny.gov/retirement/publications/1644/tier-status

Vested Retirement Benefit – Regional State Park Police Plan

… Eligibility You are eligible for a vested retirement benefit if you leave public … Your vested benefit is 1/60th (1.66 percent) of your FAS for each year of credited service. The retirement benefit is payable for your lifetime. You may elect one of several payment …

https://www.osc.ny.gov/retirement/publications/1867/vested-retirement-benefit

State Police Bulletin No. SP-83

… Purpose To notify the Division of State Police of the procedure for … the Laws of 2001 provides for a $200.00 Lump Sum Payment to each member holding the rank of Sergeant. Effective …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-83-permanent-rank-sergeant-payment-employees-represented-nys-police

State Police Bulletin No. SP-77

… To notify the Division of State Police of the procedure for processing the 2004-2005 payment. Affected Employees … Unit 62 Background Chapter 8 of the Laws of 2001 provides for a $200.00 Lump Sum Payment to each member holding the … in the calculation of overtime, but is included as salary for retirement purposes. Payroll Register and …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-77-permanent-rank-sergeant-payment-employees-represented-nys-police

State Police Bulletin No. SP-42

… To notify the Division of State Police of the procedure for processing the 2001-2002 payment. Affected Employees … Payments are to be made in the employee's regular check for pay period 5L/6C dated June 20, 2001 Contract Provision … in the calculation of overtime, but is included as salary for retirement purposes. Payroll Register and …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-42-permanent-rank-sergeant-payment-employees-represented-nys-police

Vested Retirement Benefit – Special 20- and 25-Year Plans

… retirement age. Your benefit will be based on your service and your earnings as an active member. The date you are … a vested retirement benefit depends on your tier. Tiers 2 and 3 — the first of the month following your 55th birthday. … year of service credit. The benefit is payable for life, and you may elect one of several pension payment options to …

https://www.osc.ny.gov/retirement/publications/1517/vested-retirement-benefit

Vested Retirement Benefit – State Police Plan

… least five years of service credit, you will be eligible for a vested retirement benefit when you do reach retirement … Your vested retirement benefit is 1.66 percent of your FAE for each year of service credit. The benefit is payable for life, and you may elect one of several pension payment …

https://www.osc.ny.gov/retirement/publications/1518/vested-retirement-benefit

Glen Aubrey Fire Company – Board Oversight (2022M-139)

… compliance with fire protection contracts (contracts) and lease agreements. Key Findings The Company Board did not … with contracts or enforce the lease agreement’s terms and conditions. As a result, there is an increased risk that … policies or procedures. Properly prepare a budget and present it to the Towns or audit the Company’s records. …

https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2022/12/09/glen-aubrey-fire-company-board-oversight-2022m-139

Town of Kirkwood – Justice Court Operations (2016M-414)

… of all bail amounts from the list of liabilities to the case files. Key Recommendations Ensure all bank accounts are …

https://www.osc.ny.gov/local-government/audits/justice-court/2017/11/21/town-kirkwood-justice-court-operations-2016m-414

Town of Stockport – Disbursements (2013M-216)

… the Board properly monitored the Town’s disbursements for the period January 1, 2012, to January 22, 2013. … members. The general and highway funds’ adopted budgets for the 2013 fiscal year are $433,291and $509,851, … check sequence was complete and all checks were accounted for. Five out of 674 checks totaling $6,257 were issued and …

https://www.osc.ny.gov/local-government/audits/town/2013/09/27/town-stockport-disbursements-2013m-216

Loan Payroll Deductions – Enhanced Reporting

… will list the amount to be deducted from the member’s salary on future payrolls. If the member has more than one loan, a single loan deduction amount will be provided for the total of all loans. Please use the new amount … Rev. 11/23 … NYSLRS members repay loans through salary deductions Retirement Online notifies employers when …

https://www.osc.ny.gov/retirement/employers/enhanced-reporting/loan-payroll-deductions

Town of Petersburgh – Internal Controls Over Selected Financial Operations and the Justice Court (2015M-169)

… selected financial operations and the Justice Court for the period January 1, 2013 through August 31, 2014. … an elected five-member Town Board. Budgeted appropriations for 2015 totaled $891,816 for the general, highway and water funds. Key Findings …

https://www.osc.ny.gov/local-government/audits/justice-court/2015/12/24/town-petersburgh-internal-controls-over-selected-financial-operations-and

Tier 6 Defined Contribution Plan Option

… benefits, if: They are not represented by a union and Their salary at the time they are hired is at least …

https://www.osc.ny.gov/retirement/employers/tier-6-defined-contribution-plan-option

Town of Mayfield - Town Clerk (2016M-29)

… The Town of Mayfield is located in Fulton County and has approximately 6,500 residents. The Town is governed … Key Findings The Clerk did not record, deposit, disburse and report all moneys collected in a timely and accurate manner. The Clerk also did not complete monthly …

https://www.osc.ny.gov/local-government/audits/town/2020/03/13/town-mayfield-town-clerk-2016m-29

Town of Clarence Industrial Development Agency – Project Approval and Monitoring (2020M-97)

… Audit Objective Determine whether the Board of the Town of Clarence Industrial Development Agency (CIDA) properly approved and monitored projects. Key Findings The Board did not …

https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2021/09/10/town-clarence-industrial-development-agency-project

Greater Southern Tier Board of Cooperative Educational Services – Capital Assets (2024M-35)

… (BOCES) officials properly monitored and accounted for capital assets. Key Findings BOCES officials did not properly monitor and account for all capital assets and have not conducted periodic … purchase price of $1,700 could not be located or accounted for. A telecommunications switch with a purchase price of …

https://www.osc.ny.gov/local-government/audits/boces/2024/06/21/greater-southern-tier-board-cooperative-educational-services-capital-assets-2024m