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Acceptable Time and Attendance Systems – Legacy Reporting
… by the employee that full hours were worked, except for time charged to accruals for vacation and other leave time. For good internal controls, the system should also … not have supervisors.) Examples include: Hard copy (paper) time sheets, signed by the official; Electronic time sheets …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/acceptable-time-and-attendance-systemsCalculating Days Worked – Legacy Reporting
… worked in the reporting period is: (20 days) × (7.5 hours per day) = 150 hours worked The number of days reported is … report period. The total number of hours worked for the month is: (22 days) × (4 hours per day) = 88 hours worked The number of days reported is …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/calculating-days-workedEstablishing the Standard Work Day – Legacy Reporting
… Before you can calculate days worked for an employee, you must first establish, by … as few as six hours per day (for Tiers 2 through 6) or as many as eight. They represent the amount of time per day a … . ( Here is an example. ) For more information, including how to submit a resolution, visit our Reporting Elected and …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/establishing-standard-work-dayHow to Report Days Worked – Legacy Reporting
… The number of days worked you report for your employees has a direct impact on their retirement benefits. We use days worked to determine service credit, which is the basis for benefit …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/how-report-days-workedSubmitting Your Payment – Legacy Reporting
… payment is by direct debit. Rather than sending us a check, we can withdraw the funds electronically through the … account number and the name of the person to be notified when the account will be debited. You can mail the form … form (RS5542) as soon as possible. Check If you do not take advantage of direct debit, you must print a copy …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/submitting-your-paymentLump Sum Payments – Legacy Reporting
… Reportable Reportable Maintenance (clothing, housing, automobile) Not reportable Not reportable Not reportable …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/lump-sum-paymentsWhat Not to Report – Legacy Reporting
… PFRS (15 percent of regular salary) members Overtime which is paid by private, non-governmental entities Payments made … 125 of the Internal Revenue Code: “…by an employee who is a participant in the New York State and Local Employees’ … thereto, any salary reduction elected by an employee who is a participant in the New York State and Local Police and …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-not-reportService Credit Purchase Payments – Legacy Reporting
… contributions, plus interest (if applicable), by means of: A single lump sum payment; or Transferring funds through … or less than the number of months they are purchasing. For example, if the member is purchasing 36 months of service, … If the member’s SCP is covered under Section 414(h), the letter we send notifying you to start deductions will …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/service-credit-purchase-paymentsReporting Workers' Compensation Benefits – Legacy Reporting
… Workers’ compensation benefits can be paid to your employees in three … are paid those benefits determines how you report their salary and service to us: All payments made directly to the … with no salary paid by employer: Tier 1 — Report full salary that would have been paid and corresponding days …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/reporting-workers-compensation-benefitsAdjustment Reports – Legacy Reporting
… through Retirement Online including their earnings the number of days they worked and more …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/adjustment-reportsDays Worked – Legacy Reporting
… Retirement Online including their earnings the number of days they worked and more …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/days-workedThe Monthly Report – Legacy Reporting
… NYSLRS employers report information about employees through Retirement Online including their earnings the number of days they worked and more …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/monthly-reportLegacy Reporting – Legacy Reporting
… report information about employees through Retirement Online including their earnings the number of days they …
https://www.osc.ny.gov/retirement/employers/legacy-reportingFind Opportunities to Do Business with New York State
… to help you find the state bid opportunity that’s right for you and your business. Contract Reporter - New York State’s official … company visible to State agencies looking for vendors. Grants Gateway - New York State’s Streamlined Grant Process …
https://www.osc.ny.gov/state-vendors/resources/find-opportunities-do-business-new-york-stateMember Contributions – Legacy Reporting
… credit, where applicable; Contributions mandated by the Coordinated-Escalator (CO-ESC) Retirement Plan for Tier 3 … 3, 5 and 6 (Article 14, 15 and 22 Benefits) On or after October 1, 2013, in accordance with IRC Section 414(h), the 3 … PFRS members were deducted after taxes. IRC Section 414(h) does not apply to PFRS contributions made prior to October 1, …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/member-contributionsWhat to Report – Legacy Reporting
… Note: Do not take contributions from any overtime that is not reported. Continue to report normal salary. Public … payments *As of July 1, 2019, public safety overtime that is paid by a public entity and meets other requirements must be reported, and is pensionable. If you have questions, visit our Public …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/what-reportOvertime Compensation – Legacy Reporting
… report overtime until a member reaches the limit for the calendar year. You must still report the member’s salary and … amounts beyond the limit. At the beginning of each calendar year, resume reporting overtime and collecting … or greater; Recall overtime; and Holiday premium pay for holidays worked.* As of July 1, 2019, public safety overtime …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/overtime-compensationVillage of Scottsville - Financial Management (2018M-75)
… technology (IT) policies. Enforce aspects of the adopted online banking, procurement and cash receipts policies. Key …
https://www.osc.ny.gov/local-government/audits/village/2018/08/24/village-scottsville-financial-management-2018m-75Accounts Payable Advisory No. 53
… Subject: Guidance regarding purchases from value-added resellers, … Requisitions and Chapter XI-A, Section 3 - Purchase Orders Guidance: The Office of the State Comptroller (OSC) has …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/53-purchase-requisitions-and-purchase-ordersTown of Addison - Supervisor's Fiscal Responsibilities (2019M-03)
… [read complete report - pdf] Audit Objective Determine if the Supervisor adequately fulfilled his fiscal responsibilities. Key Findings The Supervisor did not adequately fulfill his … computer. Adequate accounting records were not maintained. Key Recommendations The Supervisor should: Collect, disburse …
https://www.osc.ny.gov/local-government/audits/town/2019/04/26/town-addison-supervisors-fiscal-responsibilities-2019m-03