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Receiving Your Benefit and Filing Your Option Election – En-Con Police Officers Plan
… benefit becomes payable to change your selection. If you are a disability retiree, you may change your option …
https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – Non-Contributory Plan with Guaranteed Benefits
… benefit becomes payable to change your selection. If you are a disability retiree, you may change your option …
https://www.osc.ny.gov/retirement/publications/1513/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – Basic Plan with Increased-Take-Home-Pay (ITHP)
… benefit becomes payable to change your selection. If you are a disability retiree, you may change your option …
https://www.osc.ny.gov/retirement/publications/1511/receiving-your-benefit-and-filing-your-option-electionVested Retirement Benefit – Special 20- and 25-Year Plans
… or more years of credited service, 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/1517/vested-retirement-benefitVested Retirement Benefit – State Police Plan
… and your earnings as an active member. 1 The date you are eligible to collect a vested retirement benefit depends …
https://www.osc.ny.gov/retirement/publications/1518/vested-retirement-benefitMassapequa Union Free School District – Budget Practices and Reserve Funds (2017M-113)
… 2016. Background The Massapequa Union Free School District is located in the Town of Oyster Bay in Nassau County. The … operates nine schools with approximately 7,100 students, is governed by an elected five-member Board of Education. … in the appropriation of unrestricted fund balance that is not needed and not used to fund District operations. …
https://www.osc.ny.gov/local-government/audits/school-district/2017/10/20/massapequa-union-free-school-district-budget-practices-and-reserve-fundsVillage of Port Chester – Payroll (2017M-115)
… January 26, 2017. Background The Village of Port Chester is located in the Town of Rye in Westchester County and has a population of approximately 29,000. The Village is governed by an elected seven-member Board of Trustees. … how leave time accrual records are maintained or who is responsible for monitoring the balances, and as a result, …
https://www.osc.ny.gov/local-government/audits/village/2017/10/13/village-port-chester-payroll-2017m-115Aloma D. Johnson Charter School – Leave Accruals (2017M-218)
… Purpose of Audit The purpose of our audit was to review the School’s leave accrual activities for the period July 1, 2015 … February 24, 2017. Background The Aloma D. Johnson Charter School is a public school located in the City of Buffalo that …
https://www.osc.ny.gov/local-government/audits/charter-school/2017/12/29/aloma-d-johnson-charter-school-leave-accruals-2017m-218Herkimer County – Sales Tax Distributions and Bank Reconciliations (2017M-178)
… January 31, 2017. Background The County of Herkimer is located in central New York State and had a 2010 population of 64,519. The County is governed by a seventeen-member Legislature. General fund … Falls. The County Legislature should determine whether it is appropriate to forgive or recover the remaining sales tax …
https://www.osc.ny.gov/local-government/audits/county/2017/12/15/herkimer-county-sales-tax-distributions-and-bank-reconciliations-2017m-178Quogue Union Free School District – Financial Condition Management (2017M-196)
… 30, 2017. Background The Quogue Union Free School District is located in the Town of Southampton in Suffolk County. The District, which is governed by a Board of Education, has approximately 110 … reserve to determine whether the amount retained is necessary and reasonable. … Quogue Union Free School …
https://www.osc.ny.gov/local-government/audits/school-district/2017/12/01/quogue-union-free-school-district-financial-condition-management-2017mHawthorne Cedar Knolls Union Free School District – Internal Controls Over Wire Transfers (2016M-183)
… The Hawthorne Cedar Knolls Union Free School District is located in Westchester County. The District, which serves … with the Jewish Board of Family and Children Services, is governed by an appointed seven-member Board of Education. … not developed written procedures for wire transfers; there is also a lack of segregation of duties in the wire transfer …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/hawthorne-cedar-knolls-union-free-school-district-internal-controls-overOxford Academy and Central School District – Financial Management (2016M-6)
… Background The Oxford Academy and Central School District is located in the Towns of Coventry, McDonough, Norwich, … operates three schools with approximately 800 students, is governed by an elected five-member Board of Education. … Ensure the District’s unrestricted fund balance is in compliance with the statutory limits and reduce the …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/17/oxford-academy-and-central-school-district-financial-management-2016m-6Additional Service Credit for Unused, Unpaid Sick Leave – State Police Plan
… separating from service. The additional service credit is determined by dividing your total unused, unpaid sick … members, the maximum number of sick leave days allowable is 165. However, for some members employed by New York State, the maximum is 200 days. Credit for your unused sick leave at retirement …
https://www.osc.ny.gov/retirement/publications/1518/additional-service-credit-unused-unpaid-sick-leaveReceiving Your Benefit and Filing Your Option Election – Career Plan
… your retirement benefit paid. You can choose from several options, all of which will provide you with a monthly benefit … day of the month following your retirement date. You have up to 30 days after your pension benefit becomes payable to … a disability retiree, you may change your option selection up to 30 days after your disability application is approved, …
https://www.osc.ny.gov/retirement/publications/1642/receiving-your-benefit-and-filing-your-option-electionOverview – Special 20- and 25-Year Plans
… Your pension is based on your years of credited service and your final average earnings (FAE). Your FAE is the average of your highest three consecutive years of … can be anytime in your career. Your FAE can include, but is not limited to, the payments listed below. Payments must …
https://www.osc.ny.gov/retirement/publications/1517/final-average-earnings/overviewOperational Advisory No. 3
… Subject: Budget Check Reminder Guidance: Agency transaction … reviewers and approvers are reminded that if any chart of account string value is changed in the review process, the transaction must be re-budget checked and be in a valid budget status prior to …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/3-budget-check-reminderReceiving Your Benefit and Filing Your Option Election – New Career Plan
… your Option Election form (unless notified otherwise, as in the case of disability retirement) before the first day of … whichever is later. If your election is not timely, by law, we must process your retirement as if you had selected …
https://www.osc.ny.gov/retirement/publications/1515/receiving-your-benefit-and-filing-your-option-electionPUC Achieve Charter School – Board Oversight (2016M-316)
… Monroe County, is a public school financed by local, State and federal resources that is not under the control of the … Findings The local Board members did not actively direct and monitor the School’s financial operations. During the … Actively monitor the School’s financial condition and develop a plan to improve its current condition. Actively …
https://www.osc.ny.gov/local-government/audits/school-district/2017/05/05/puc-achieve-charter-school-board-oversight-2016m-316Union Springs Central School District – Retiree Health Insurance Contributions (2016M-75)
… not inform the District of the change, the District will pay more than it should for the insurance coverage. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2016/06/10/union-springs-central-school-district-retiree-health-insuranceSchuylerville Central School District – Fund Balance (2016M-113)
… Purpose of Audit The purpose of our audit was to review the District’s financial condition for the period July 1, 2012 through … reserve (EBALR) to the general fund causing the fund balance to exceed the statutory limit at year-end. District …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/08/schuylerville-central-school-district-fund-balance-2016m-113