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Loan Payroll Deductions – Enhanced Reporting

… Please use the new amount beginning on the next available payroll cycle so members can avoid underpayment — eliminating …

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)

… properly account for the sale and inventory of transfer station tickets and permits. Town Justices did not perform … each month. Periodically reconcile the number of transfer station tickets purchased and permits provided from the Town …

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

… wish to choose the defined contribution plan must file an election during their first 30 days of employment. You must … mandatory members to us, unless an employee has filed an election choosing the defined contribution plan. The defined …

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

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

… [read complete report - pdf] Purpose of Audit The purpose of our audit was to review the Clerk’s financial operations for the period January 1, … The purpose of our audit was to review the Clerks financial …

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)

… Industrial Development Agency (CIDA) properly approved and monitored projects. Key Findings The Board did not … by posting required documents on CIDA’s website. The Board and officials did not ensure that CIDA’s annual report was … all active projects to determine whether job creation and/or retention goals are being met. Post required …

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)

… We reviewed 50 assets with a combined purchase price totaling approximately $259,900 and determined that 10 … on the inventory list.  A camcorder with a purchase price of $1,700 could not be located or accounted for.  A telecommunications switch with a purchase price of $1,500 was still active on the inventory list but …

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

II.4 Overview – II. New York State Financial Accounting

New York State Financial Accounting standards are used in the EXECUTE and EVALUATE phases of the financial cycle

https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4-overview

West Babylon Union Free School District – Claims Audit (2024M-62)

… there is an increased risk that goods and services may not have been received, and incorrect or inappropriate claims … agreed with our recommendations and indicated they have begun implementing corrective action. Appendix B …

https://www.osc.ny.gov/local-government/audits/school-district/2024/09/20/west-babylon-union-free-school-district-claims-audit-2024m-62

CUNY Bulletin No. CU-336

… Purpose To inform CUNY payroll staff of new PayServ code to use when submitting a Managerial … This bulletin informs CUNY payroll staff of new PayServ code to use when submitting a Managerial …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-336-cuny-managerial-performance-based-bonus

City of Yonkers – Budget Review (B6-16-11)

… Purpose of Budget Review The purpose of our budget review was to identify issues which impact the City of Yonkers’ financial condition in the current and future years. Background The Office of the …

https://www.osc.ny.gov/local-government/audits/city/2016/06/22/city-yonkers-budget-review-b6-16-11

State Agencies Bulletin No. 1065

… work on Interstate Routes within New York State or any NYS highway routes or parkway systems at least 1/3 of the … of eligible assignments, agencies may refer to the GOER side letters dated January 4, 2008 for CSEA employees and …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1065-2011-special-assignment-duty-pay-sad-earned-calendar-year-2010-certain

Ordinary Disability (Section 362) – Career Plan

… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service, plus 1/60th of your FAS …

https://www.osc.ny.gov/retirement/publications/1642/ordinary-disability-section-362

Contributing Toward Your Retirement – State Police Plan

… annuity savings contributions, which will earn interest and provide an annuity above and beyond your regular pension benefit when you retire. You … rate on what you actually earned in the last completed State fiscal year (April 1 to March 31). Contribution rates …

https://www.osc.ny.gov/retirement/publications/1518/contributing-toward-your-retirement

Operational Advisory No. 2

… Business Units of the actions OSC will take if deadlines for transaction approval are not met. Guidance: SFS … 2014 March 28, 2014 Credit Memos Credit memos submitted for approval from April 1 to March 31, which are unapproved … to the following rules: ROA vouchers that are submitted for approval from April 1 to March 20, without a …

https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/2-sfs-transaction-deadlines

Ordinary Death Benefit – Regional State Park Police Plan

… of $1,000, as limited by Section 130 of the Civil Service Law. Filing Your family or employer should notify us of your …

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

Ordinary Disability – Regional State Park Police Plan

… more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … at the effective date of your disability retirement, your ordinary disability benefit would be equal to the benefit … with your power of attorney may file your application for ordinary disability retirement benefits. If you are eligible, …

https://www.osc.ny.gov/retirement/publications/1867/ordinary-disability

Ordinary Death Benefit – En-Con Police Officers Plan

… you are on the payroll; While you are on an authorized medical leave of absence (with or without pay); While you are … the last date you were receiving salary, on an authorized medical leave of absence or receiving Workers’ Compensation …

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

SUNY Bulletin No. SU-109

… Purpose To notify agencies of new Earnings Codes CAR (SUNY Automobile … Allowance) and ACR (Adjust SUNY Auto Allowance) and to provide instruction for processing the SUNY automobile … To notify agencies of new Earnings Codes CAR SUNY Automobile …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-109-new-earnings-codes-and-procedures-processing-suny

Ordinary Disability (Section 362) – New Career Plan

… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service plus 1/60th of your FAS for …

https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362

Ordinary Disability (Section 362) – Police and Fire Plan

… of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If approved, this … If you are 60 or older at the effective date of your disability retirement, your ordinary disability benefit would be equal to the benefit payable to …

https://www.osc.ny.gov/retirement/publications/1512/ordinary-disability-section-362