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Becoming Eligible for a Benefit – Special 20- and 25-Year Plans
… Once you have accrued five years of credited service, you are vested. This means you have earned the right to receive a retirement benefit, even …
https://www.osc.ny.gov/retirement/publications/1517/becoming-eligible-benefitBecoming Eligible for a Benefit – Career Plan
… to receive a retirement benefit, even if you leave public employment. 1 Tier 1, 2, 3 and 5 members who are off public …
https://www.osc.ny.gov/retirement/publications/1642/becoming-eligible-benefitBecoming Eligible for a Benefit – New Career Plan
… even if you leave public employment. 1 Tier 1, 2, 3 and 5 members who are off public payroll may collect a vested … benefit is based on your service, age at retirement and the salary you earned when you were an active member. …
https://www.osc.ny.gov/retirement/publications/1515/becoming-eligible-benefitPayment for Service Credit – Article 14 Benefits
… As a Tier 3 member covered by Article 14, you will usually be required to pay for service currently … … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/payment-service-creditBecoming Eligible for a Benefit – Article 14 Benefits
… member, you may leave public employment and, at a later date, apply for and receive a vested retirement benefit . You can choose to begin receiving your vested retirement benefit at your early retirement age or when you …
https://www.osc.ny.gov/retirement/publications/1644/becoming-eligible-benefitStart Saving for Retirement
… retire may seem far into the future but the steps you take now to save for retirement can make a huge difference when … Not sure how much you’ll need to save for retirement? It’s helpful to look at the other sources of post-retirement … to start saving as soon as you can because you need time to let your money grow. With the power of compounded …
https://www.osc.ny.gov/retirement/members/saving-for-retirementSeminars for Local Officials
… is not an easy task and that finding time in your schedule for essential training to enhance your fiscal oversight … Official Training Unit offers seminars for municipal and school district governing boards and other local officials and …
https://www.osc.ny.gov/local-government/academy/seminars-local-officialsImplications for the Future – 2021 Financial Condition Report
… March and April 2020, nearly 2 million jobs were lost in New York State and, as of August 2021, only 55 percent of those jobs …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureImplications for the Future – 2023 Financial Condition Report
… Remains Looking ahead, numerous factors will continue to present risks to economic growth, and many forecasters … pandemic assistance totaled $14.7 billion in SFY 2022-23, but will decline to $5 billion by SFY 2024-25 and … including mandatory repayment requirements. And, while these resources are an important budget management …
https://www.osc.ny.gov/reports/finance/2023-fcr/implications-futureImplications for the Future – 2022 Financial Condition Report
… faced the third year of the COVID-19 pandemic, its impact on the economy continued to be felt and was heightened by … continued nationally through August 2022. These factors have heightened the uncertainty of economic forecasts. The … reports by the Office of the New York State Comptroller have shown. However, the most recent report, issued in March …
https://www.osc.ny.gov/reports/finance/2022-fcr/implications-futureOvertime Limits for Tier 5
… (PFRS). ERS Members Your overtime limit increases each calendar year by 3 percent. Refer to the table below for your annual limit. Calendar Year Overtime Limit 2039 $35,348.48 2038 $34,318.92 … $26,302.59 2028 $25,536.50 2027 $24,792.71 2026 $24,070.60 2025 $23,369.51 2024 $22,688.85 2023 $22,028.01 2022 …
https://www.osc.ny.gov/retirement/members/overtime-limits-tier-5Overtime Limits for Tier 6
… Overview For members of Tier 6, New York State Retirement and Social … from overtime pay above the limit. Overtime limits differ for the Employees’ Retirement System (ERS) and the Police and …
https://www.osc.ny.gov/retirement/members/overtime-limits-tier-6Resources for Local Officials
… Local Government Management Accounting Releases: Advisories and Bulletins Accounting and … Reporting Manuals Adult-Use Cannabis Aid and Incentives for Municipalities (AIM) and Temporary Municipal Assistance … The Academy for New York State’s Local Officials Fire District Commissioner Training Contact Us Questions? Contact …
https://www.osc.ny.gov/local-government/resources/resources-local-officialsReducing Medicaid Costs for Recipients Who Are Eligible for Medicare (Follow-Up)
… or will be turning age 65 within a 3-month time frame, and have them apply for Medicare. The Social Security … December 2025. The objective of our initial audit, issued on September 14, 2023, was to determine whether DOH took … on age but were not enrolled in Medicare. Medicaid could have potentially saved $294.4 million on behalf of these …
https://www.osc.ny.gov/state-agencies/audits/2025/08/13/reducing-medicaid-costs-recipients-who-are-eligible-medicare-followState Comptroller DiNapoli Releases Audits
… Inc. – Overpayments for Services Requiring Coordination of Benefits (2022-S-27) The Department of Civil Service contracts with EmblemHealth Plan, … the safety of all people who visit, live, and work in NYC. A prior audit, issued in September 2022, found that …
https://www.osc.ny.gov/press/releases/2024/02/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli Releases Municipal Audits
… The board and officials also did not properly monitor to ensure the annual report filed with the New York State … Office of the State Comptroller was accurate with respect to job performance, sales tax exemptions and payment in lieu … not effectively manage the town’s financial condition. As a result, it levied more taxes than necessary to sustain …
https://www.osc.ny.gov/press/releases/2021/09/state-comptroller-dinapoli-releases-municipal-auditsVillage of Cobleskill - Misappropriated Funds and Board Oversight (2018M-47)
Determine whether the Board provided sufficient oversight of the former ClerkTreasurer
https://www.osc.ny.gov/local-government/audits/village/2020/01/03/village-cobleskill-misappropriated-funds-and-board-oversight-2018m-47DiNapoli: NYS Office for the Aging Falling Short Funding Program for Seniors
… for the Aging (NYSOFA) failed to spend millions of dollars on programs geared to support senior citizens, even during … “This is especially disappointing because many seniors have suffered from isolation and restrictions imposed during … not spend or need the money they were given when it could have been redistributed to areas with higher need. Auditors …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nys-office-aging-falling-short-funding-program-seniorsMedicaid Program – Reducing Medicaid Costs for Recipients Who Are Eligible for Medicare
… costs of recipients who were eligible for Medicare based on age but were not enrolled in Medicare. The audit covered … or will be turning age 65 within a 3-month time frame, and have them apply for Medicare. The Social Security … Also, the Department does not require Local Districts to have Medicaid recipients with SSI apply for Medicare because, …
https://www.osc.ny.gov/state-agencies/audits/2023/09/14/medicaid-program-reducing-medicaid-costs-recipients-who-are-eligible-medicareComptroller DiNapoli Releases State Audits
… Thomas P. DiNapoli announced today the following audits have been issued: Department of Health Medicaid Program: … identified $16.4 million in potential overpayments on similar claims because providers submitted their claims … report. Of the three prior recommendations, all three have been partially implemented. New York State Energy …
https://www.osc.ny.gov/press/releases/2015/01/comptroller-dinapoli-releases-state-audits