Search
DiNapoli Proposes Option to Help State & Local Governments Pay for Retiree Health Care
… investment pool to help the state and local governments fund retiree health insurance and other post employment benefits (OPEB). … set aside funds for retiree health insurance and instead fund it on a “pay-as-you-go” basis or out of pocket. The … investment pool to help the state and local governments fund retiree health insurance and other post employment …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-proposes-option-help-state-local-governments-pay-retiree-health-careImproper Medicaid Payments Involving Fee-for-Service Claims for Recipients With Multiple Client Identification Numbers (Follow-Up)
… Objective To determine the extent of implementation of the six … marketplace). Multiple eligibility systems are used to process Medicaid applications and enrollments. Each … Medicaid recipients may have more than one CIN assigned to them during the time they are in receipt of benefits; …
https://www.osc.ny.gov/state-agencies/audits/2022/09/08/improper-medicaid-payments-involving-fee-service-claims-recipients-multiple-clientState Agencies Bulletin No. 2401
… Dates: Effective for payroll checks dated January 8, 2026 (Institution) and January 14, 2026 (Administration). OSC Actions: At the request of Civil … or Longevity Pay with an effective date after January 1, 2026 will remain at the same amount for the calendar year …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2401-civil-service-employees-association-csea-local-1000-dues-increaseDiNapoli: Corporate America Must Show Progress on Diversity, Equity & Inclusion
… to disclose whether directors identify themselves as LGBTQ+ or as a person with a disability. The Fund also plans …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-corporate-america-must-show-progress-diversity-equity-inclusionState Agencies Bulletin No. 2368.2
… Bulletin 2368.1 Purpose: The purpose of this bulletin is to provide agencies with updated information on the use of … affected. Background: The State Comptroller is authorized to offset State payments in order to collect State debts, if due process is provided. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/23682-instructions-use-deduction-code-433-unemployment-insurance-owed-andComptroller DiNapoli Statement in Response to President Trump’s Withdrawal From the Paris Agreement
… and investors will continue to address climate change in innovative ways. As trustee of New York state’s $192 … continue to seek out sustainable investments and changes in corporate behavior that help the promise of the Paris … of public and private equities, fixed income, real estate and alternative instruments. …
https://www.osc.ny.gov/press/releases/2017/06/comptroller-dinapoli-statement-response-president-trumps-withdrawal-paris-agreementDiNapoli: New York's Medicaid System Improperly Paid Over $16 Million in Claims
… Department of Health’s eMedNY computer system improperly paid $16.2 million in Medicaid claims during a six-month … other key findings in the audit include: $2 million was paid for fee-for-service inpatient claims that should have been paid by managed care. $1.3 million was paid for newborn birth …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-new-yorks-medicaid-system-improperly-paid-over-16-million-claimsTaxes and Your Pension
… Most NYSLRS pensions are subject to federal income tax. Your federal tax withholding is the … reporting), we will not issue a 1099-R tax form. If you feel you should have received a 1099-R tax form, please … for 1099-Rs Issued for Pension Payments If you made after-tax contributions to NYSLRS or took a taxable loan …
https://www.osc.ny.gov/retirement/retirees/taxes-and-your-pensionWall Street Profits for 2014 May Not Reach 2013 Level
… other noncompensation expenses in its public reports so it is not clear exactly how much they impacted profits. … York City. DiNapoli estimates that the securities industry is 15 percent smaller in New York City than before the … Six years after the financial crisis Wall Street is still dealing with the fallout. Besides the cost of legal …
https://www.osc.ny.gov/press/releases/2014/10/wall-street-profits-2014-may-not-reach-2013-levelDiNapoli: Affordable Housing Developments Need Better Oversight to Address Unsafe Conditions
… for better oversight of the Mitchell-Lama program, which is crucial to preserving affordable housing,” DiNapoli said. … developments in the city with 46,787 apartments and is responsible for ensuring that managing agents keep … outlined in this audit underscore how important it is that these properties are properly maintained. When safety …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-affordable-housing-developments-need-better-oversight-address-unsafe-conditionsDetermining the Ex-spouse's Share – Divorce and Your Benefits
… credit at retirement (denominator). Then, that percentage is multiplied by 50%, so that the member and ex-spouse each … credit accrued during the marriage when the numerator is written as an open date field, for example: Total service … amount per month. While available for active members, this is more commonly seen in DROs filed after a member has …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-shareMohawk Valley Faces Challenges But Bright Spots Exist
… Valley. With 432,612 residents, the largely rural area is home to just over 2 percent of New York state's population. Oneida County (231,332) is home to over half of the region's population, many of whom … Nanocenter at SUNY Polytechnic Institute – a 450 acre site between Rome and Utica supported by public and private …
https://www.osc.ny.gov/press/releases/2018/07/mohawk-valley-faces-challenges-bright-spots-existDiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… on all of its climate-related shareholder proposals. “A low-carbon economy is becoming a reality with more and more … recognizing the need to adapt their businesses and address the financial risks posed by climate change,” … In 2020, the Fund enhanced its Proxy Voting Guidelines by adding criteria clarifying how the Fund reviews companies’ …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-seasonDiNapoli: Problems Plague State's Rent Relief Program; Federal Funds To Help Renters at Risk
… guidelines. The DHCR provided one public summary report in Oct. 2020 on the first round of funding when approximately … a disproportionately low number of successful applicants (25%) given that they make up about 42% of all low-income …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-problems-plague-states-rent-relief-program-federal-funds-help-renters-riskDiNapoli: Contribute to a NY 529 College Savings Account and Deduct Up to $10,000 From Your State Taxes
… in college-related expenses through the program since Jan. 1. “New Yorkers should consider investing in a New York … Direct Plan accounts valued at $19.1 billion. Since Jan. 1, 2016 New York’s 529 Program has paid out more than …
https://www.osc.ny.gov/press/releases/2016/12/dinapoli-contribute-ny-529-college-savings-account-and-deduct-10000-your-state-taxesDiNapoli: Inflation in NYC Metro Area Up 6.1% in March, Growing at Highest Rate in 30 Years
… Statistics (BLS) indicates consumer prices grew by 6.1% in the New York City Metropolitan Area in March 2022 compared to the same month one year ago, driven … Labor Statistics BLS indicates consumer prices grew by 61 in the New York City Metropolitan Area in March 2022 compared …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-inflation-nyc-metro-area-march-growing-highest-rate-30-yearsEnforcement of Commission Orders and Other Agreements
… other agreements. Often, approval of these applications is based on conditions, such as pledges to replace or upgrade … Orders (Orders), and any violation of an Order’s terms is grounds for the Commission to seek reparations, terminate … cases, are submitting inaccurate data that the Department is using – without verification – to calculate electric …
https://www.osc.ny.gov/state-agencies/audits/2020/03/03/enforcement-commission-orders-and-other-agreementsState Agencies Bulletin No. 1129
… to refer to the value that replaces the CAS Object Code. For purposes of clarity, the terms PayServ or SFS will be … contains an accounting charge lines summarized by Position Pool and SFS Account Code and is used to post the payroll … to SFS. As a result, OSC must change any Position Pool assignments to PayServ Account Code value that was valid …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1129-updates-cost-centers-statewide-financial-system-sfs-and-payserv-accountMember Contributions
… (up to a certain limit) . Example: New Employee: You hired John Smith, who joined NYSLRS with a date of membership of June 1, 2023 (John is in Tier 6). At enrollment, you provided NYSLRS with a … contribution rates for the next State fiscal year, John’s contribution rate was still based on the projected …
https://www.osc.ny.gov/retirement/employers/member-contributionsHousing Trust Fund Corporation – Internal Controls Over and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs
… (HOME) to ensure they meet requirements, and whether HCR is obtaining federal reimbursements on time and in a manner … from April 2017 through June 2022. About the Program HCR is the State’s affordable housing agency, with a mission to … and increase homeownership throughout the State. HCR is comprised of several different offices and agencies, …
https://www.osc.ny.gov/state-agencies/audits/2022/09/16/housing-trust-fund-corporation-internal-controls-over-and-maximization-federal-funding