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DiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… (5.48%). The Fund’s long-term expected rate of return is 5.9%. The timing of the Fund’s annual valuation date is tied to the state fiscal year. Every three years the Fund is required to undergo an independent Fiduciary and Conflict …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnState Comptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … Accounts (2017M-209) The sheriff's department did not properly account for and manage the inmate and commissary … reasonable fund balance levels, the village may not have adequate cash flow to meet needs. A heavy or ongoing …
https://www.osc.ny.gov/press/releases/2018/02/state-comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases School Audits
… his office completed audits of Salamanca City School District , Saranac Lake Central School District , Science Academies of New York Charter Schools … every dollar count," DiNapoli said. "By auditing school district and charter school finances and operations, my …
https://www.osc.ny.gov/press/releases/2018/04/state-comptroller-dinapoli-releases-school-auditsSUNY Bulletin No. SU-271
… 2017 one-time M/C $600 Lump Sum paymentis pensionable but is not included in the calculation of overtime. Tax … Information The 2017 one-time M/C $600 Lump Sum payment is supplemental taxable income, will be included in the employee’s taxable gross and is subject to employment and income taxes. Federal, State and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-271-2017-state-university-new-york-suny-management-andComptroller DiNapoli Releases School Audits
… during the audit period. York Central School District – Online Banking (Livingston County) The board adopted an online banking policy, but district officials did not develop written procedures for online banking activities. District officials also did not …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-school-audits-2State Comptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of Franklin Square and Munson Fire District, Greater Syracuse Property Development Corporation, Village of Mayfield, Village of Newport and the Wassaic Fire District. "In today’s fiscal … P DiNapoli today announced his office completed audits of Franklin Square and Munson Fire District Greater Syracuse …
https://www.osc.ny.gov/press/releases/2017/05/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli: MetroPlus Enrollment Reached a Record High Over the Course of the Pandemic
… MetroPlus, a subsidiary of NYC Health + Hospitals (H+H), offers low-cost to no-cost … coverage to eligible New Yorkers through a variety of plans. Between February 2020 and June 2022, MetroPlus enrollment reached a record high of 670,915 members, an … MetroPlus a subsidiary of NYC Health + Hospitals H+H offers lowcost to nocost health …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-metroplus-enrollment-reached-record-high-over-course-pandemicComptroller DiNapoli Releases Municipal Audits
… town for these extra payments and the town paid $58,858 to the supervisor’s wife for services she provided during … period. The board also did not authorize salaries paid to officers and employees totaling $145,671 or certain health … calculation of these exemptions to go undetected. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2020/01/comptroller-dinapoli-releases-municipal-audits-0DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… rode the market rebound from the depths of the pandemic and enjoyed the largest one-year investment return in its … but it comes with a caution. Markets remain volatile and as unpredictable as ever. With our talented investment … to come.” The Fund's value reflects retirement and death benefits of $13.66 billion paid out during the fiscal year. …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyState Agencies Bulletin No. 885
… Purpose To notify agencies of the secondary reduction in employee contributions. Affected Employees Contributory … 125-A, Section 6252 2(c), eliminating the mandatory employee contribution for members who have ten (10) or more … or more years of membership will receive a reduction in employee contributions over a phased-in period, ultimately …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/885-elimination-mandatory-employee-contribution-members-optional-retirementMedicaid Program – Oversight of Managed Care Provider Networks
… to ensure cost efficiency and access to adequate in-network care. The audit covered the period from January 2023 … managed care organizations (MCOs) maintain and monitor a network of providers supported by written agreements that is … all services covered under the contract. If the provider network cannot provide services, the member can go out of …
https://www.osc.ny.gov/state-agencies/audits/2025/10/22/medicaid-program-oversight-managed-care-provider-networksState Agencies Bulletin No. 435
… but will continue to service the toll-free phone line and web site through close of business November 14, 2003. … The existing toll free number is 1-877-NYSAVES and the web site is located at www.nysaves.org . Effective with the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/435-change-manager-nys-college-savings-programPayroll Improvement Project Bulletin No. PIP-006
… Training, Agency File Interface Testing, and Project Go Live. Effective Dates All timelines contained in this … File Interface Testing: December, 7 – 18, 2020 Project Go-Live: February 10, 2021 at Noon Agency Training and Testing … 18, 2020, during Agency Testing and Training. Project Go Live PayServ will be unavailable from noon February 10 – 15, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-006-payroll-improvement-project-agency-timelineDiNapoli: State Tax Receipts Exceed Initial Projections By $7.2 Billion Through First Six Months
… by $7.2 billion through the end of September, according to the monthly State Cash Report released by New York State … Division of the Budget (DOB) in the First Quarter Update to the Financial Plan, released last month. Tax receipts … DiNapoli said. “This provides an excellent opportunity to improve the state’s long-term fiscal standing by using …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-state-tax-receipts-exceed-initial-projections-72-billion-through-first-six-monthsDiNapoli: Local Sales Tax Collections Up 2.2% in Second Quarter
… of 2024, an increase of 2.2%, or $127 million, compared to the same quarter last year, according to a report released today by State Comptroller Thomas P. … “New York City was again the largest single contributor to local sales tax growth, and its moderate increase in …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-local-sales-tax-collections-22-second-quarterState Agencies Bulletin No. 2437
… All agencies with appropriations due to lapse on June 30, 2026 are affected. Background: Appropriations allocated to … Effective Dates: Administration paychecks dated July 1, 2026, and Institution paychecks dated July 9, 2026 OSC Actions: OSC has provided a spreadsheet of all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2437-updating-payserv-chartfield-strings-june-lapsing-eventsManaged Care Payments to Unenrolled Providers (Follow-Up)
To assess the extent of implementation of 10 recommendations included in our initial audit report Medicaid Program Managed Care Payments to Unenrolled Providers
https://www.osc.ny.gov/state-agencies/audits/2026/03/31/managed-care-payments-unenrolled-providers-followMedicaid Program – Oversight of Clinical Trials
… Objective To determine whether the Department of Health (DOH) has provided adequate oversight to ensure payments for services provided to Medicaid members … To determine whether the Department of Health has provided …
https://www.osc.ny.gov/state-agencies/audits/2026/06/04/medicaid-program-oversight-clinical-trialsOpinion 88-14
… and supersedes any rights claimed by the county (see In re Menschefrend's Estate , 1954, 283 App Div 463, 128 NYS2d …
https://www.osc.ny.gov/legal-opinions/opinion-88-14Inflation in the New York City Metropolitan Area
… and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in March 2022 compared to the same month a … now growing at the highest annual rate in 30 years in the NYC metro area. 2 During this high inflationary period, increases in the NYC metro area have been less than those nationally and in …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-area