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DiNapoli: Son Left Father’s Body in Morgue to Steal His Pension and Social Security Payments
… DiNapoli announced the pending sentencing of a Queens man for concealing his father’s death so he could continue to unlawfully collect pension … Retirement System that the body of James Bunn – who died on February 24, 2010 – remained unclaimed by his son at the …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-son-left-fathers-body-morgue-steal-his-pension-and-social-security-paymentsDiNapoli Announces State Contract and Payment Actions for April 2014
… financial officer, DiNapoli’s office reviews contracts for all state agencies and certain contracts for state public … and payments entered into by the state. This builds on his commitment to added transparency via his Open Book New … Health Benefit Exchange ($11.3 million), the Medicaid and Child Health Plus Insurance Program Enrollment Center ($1.8 …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-announces-state-contract-and-payment-actions-april-2014Borrowing Against Your Contributions – Article 14 Benefits
… If you meet eligibility requirements, you may take a loan from the Retirement System. Before you apply, you should … be for a minimum of $1,000, so you must have an account balance of at least $1,334. The total of all your loans may … balance when you retire will permanently reduce your pension. You cannot pay off your loan once you retire. The …
https://www.osc.ny.gov/retirement/publications/1644/borrowing-against-your-contributionsNational Directory of New Hires Data Security
… and Disability Assistance has met federal requirements for securing National Directory of New Hires data. Our audit … of New Hires (Directory) data provided by the Office of Child Support Enforcement (OCSE), a subdivision of the U.S. … Services). The Directory data is comprised of information on new hires, quarterly wage, and unemployment insurance. …
https://www.osc.ny.gov/state-agencies/audits/2024/05/08/national-directory-new-hires-data-securityIRS Pension Limitation – Article 14 Benefits
… benefits. Section 401(a)(17) affects members who join on or after April 1, 1996, and currently excludes earnings … amount is set by federal law and is periodically adjusted for inflation. … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/irs-pension-limitationMedicaid Program – Inappropriate Premium Payments for Recipients No Longer Enrolled in Mainstream Managed Care and Family Health Plus
… plans and Family Health Plus managed care plans (Plans) for recipients who were no longer enrolled. Our audit covered … performs Plan-specific audits of premium payments made on behalf of recipients who were retroactively disenrolled … is also based on matches with limited recipient date of death information. Therefore, improper premium payments for …
https://www.osc.ny.gov/state-agencies/audits/2017/07/11/medicaid-program-inappropriate-premium-payments-recipients-no-longer-enrolled-mainstreamNYSLRS Ordinary Death Benefit
… Program Legislative Session 2023-2024: NYSLRS Ordinary Death Benefit – A.10570/S.9812-A (Zebrowski/Skoufis) – Authorizes beneficiaries to choose pension benefits or a death benefit in certain circumstances. Memo Bill Text Status … … Authorizes beneficiaries to choose pension benefits or a death benefit in certain circumstances …
https://www.osc.ny.gov/legislation/nyslrs-ordinary-death-benefitOverview – State Police Plan
… your survivors may receive if you die while working for a public employer. If you die before retiring, your … us as soon as possible. We will also need a certified death certificate. We will mail information about death benefits, and any needed forms, to your beneficiaries. …
https://www.osc.ny.gov/retirement/publications/1518/death-benefits/overviewOverview – Special 20- and 25-Year Plans
… your survivors may receive if you die while working for a public employer. If you die before retiring, your … us as soon as possible. We will also need a certified death certificate. We will mail information about death benefits, and any needed forms, to your beneficiaries. …
https://www.osc.ny.gov/retirement/publications/1517/death-benefits/overviewSocial Security Adjustment – Article 14 Benefits
… benefit is the part of your Social Security benefit based on public employment in New York State. It is determined using your wages for service with a public employer for which you received … for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/social-security-adjustmentState Agencies Bulletin No. 989
… will ensure that employees are properly credited by SSA for their earnings for 2009 and allow us to correct reporting on any incorrect Forms W-2 (Wage and Tax Statement). Affected … is listed as Deceased on the NPAY752, obtain a copy of the death certificate and update the PayServ record. Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/989-verification-employee-social-security-numbers-and-names-reportedReview of the Enacted Budget: State Fiscal Year 2021-22
… for K-12 public school education is expected to grow by $1.4 billion annually, in addition to federal funding provided … 2024‑25 (in millions of dollars) SFY 2021-22 SFY 2022-23 SFY 2023-24 SFY 2024-25 Personal Income Tax 2,753 2,864 … programs. Eligible costs are for operating expenses like payroll and rent. $25 million for a New York Restaurant …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22Vested Retirement Benefit – En-Con Police Officers Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public employment before retirement age and have five years of credited service. When you reach … The date you are eligible to retire depends on your tier: Tiers 1 & 2 — the first of the month following …
https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefitCost-of-Living Adjustment
… as if you had chosen the Single Life Allowance pension payment option, even if you selected a different option at retirement. Using the Single Life Allowance gives you the … you receive each September is added to your existing monthly COLA amount. You can view your benefit payment pay …
https://www.osc.ny.gov/retirement/retirees/cost-living-adjustmentAdditional Service Credit for Sick Leave (Section 341[j]) – Regional State Park Police Plan
… you may receive service credit for your unused, unpaid sick leave days at retirement. To be eligible for this benefit, … credit is determined by dividing your total unused, unpaid sick leave days (which cannot exceed 165) by 260. Credit for …
https://www.osc.ny.gov/retirement/publications/1867/additional-service-credit-sick-leave-section-341jLeaves of Absence – Article 14 Benefits
… Half credit is given for sick leave at half pay. Since service is usually not credited for any period of time you do not receive a salary, credit is not given for: Leaves of absence without pay; Authorized, unpaid medical leaves of …
https://www.osc.ny.gov/retirement/publications/1644/leaves-absenceOpinion 94-31
… subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. COLLECTIVE BARGAINING … bargaining agreement between a village and its employees for the annual exchange of cash for one week of vacation … "at the time of separation from service or in the case of death in service". However, since section 92 merely …
https://www.osc.ny.gov/legal-opinions/opinion-94-31SUNY Bulletin No. SU-342.1
… agencies of the implementation of Paid Parental Leave for certain State University of New York (SUNY) employees and … employees to bond with a newly born, adopted, or fostered child. Per a memorandum dated April 11, 2023, the SUNY Board … in BU08 cannot utilize this leave until they have been on the payroll for at least six months. For academic …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-3421-suny-paid-parental-leave-fullDiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… estimated overall investment return was 33.55 percent for the state fiscal year (SFY) that ended March 31, 2021, … from lows reached during the COVID-19 pandemic. The return on investments increased the Fund’s value to an estimated … to come.” The Fund's value reflects retirement and death benefits of $13.66 billion paid out during the fiscal …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyDiNapoli Recovers $42K From Woman Who Stole From State and Local Retirement System
… mother’s pension payments. Robertson pleaded guilty to petit larceny in July and agreed to pay full restitution. She was sentenced to three years of probation. "This was an egregious act. Ms. …
https://www.osc.ny.gov/press/releases/2019/12/dinapoli-recovers-42k-woman-who-stole-state-and-local-retirement-system