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New York’s Economy and Finances in the COVID-19 Era
Shrinking Labor Force Drives New York States Unemployment Rate Below 10
https://www.osc.ny.gov/reports/covid-19-october-28-2020Divorce – Basic Plan with Increased-Take-Home-Pay (ITHP)
… to your ex-spouse. A DRO gives us specific direction on how your retirement benefits should be divided. However, it does not allow for a distribution of your pension until you actually retire, … Beneficiary designations may be revoked for the Ordinary Death Benefit, Cash Refund Initial Value option (Tier 1), …
https://www.osc.ny.gov/retirement/publications/1511/divorceState Agencies Bulletin No. 1523
… changed his or her name and has not yet obtained a new card from the SSA, provide the employee with Form SS-5 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1523-verification-employees-social-security-number-ssn-and-name-be-reportedState Agencies Bulletin No. 1435
… changed his or her name and has not yet obtained a new card from the SSA, provide the employee with Form SS-5 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1435-verification-employees-social-security-number-ssn-and-name-be-reportedState Agencies Bulletin No. 1271
… changed his or her name and has not yet obtained a new card from the SSA, provide the employee with Form SS-5 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1271-verification-employee-social-security-numbers-and-names-be-reportedState Agencies Bulletin No. 1091
… changed his or her name and has not yet obtained a new card from the SSA, provide the employee with Form SS-5 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1091-verification-employee-social-security-numbers-and-names-be-reportedStay Informed – Special 20- and 25-Year Plans
… or in the event of a disability or death. Use these tips to help you understand your benefits and stay informed. Register for Retirement Online , a convenient and secure way to review your benefits and conduct business with NYSLRS. In …
https://www.osc.ny.gov/retirement/publications/1517/stay-informedComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Atlanta, Ga Resident in Pension Fraud Case
… of Richard L. Cook, III, 58, a resident of Atlanta, GA, for the crime of Grand Larceny in the Third Degree, for … Yvonne Powell, by the New York State Comptroller’s Office on behalf of the New York State and Local Employees … of Correction, who passed away in March 2009. “Hiding the death of a loved one to steal pension benefits is not only …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-atlanta-ga-resident-pension-fraud-caseControls Over Cash Advance Accounts
… it oversees to ensure the money is properly accounted for and used for appropriate business expenses. The audit … in each advance account to more appropriate levels based on analysis of historical usage, current business practices … Other Related Audits/Reports of Interest Office of Child and Family Services: Controls Over Cash Advance …
https://www.osc.ny.gov/state-agencies/audits/2015/04/06/controls-over-cash-advance-accountsDiNapoli and Schneiderman Announce Guilty Plea in $120K Fraud of State Pension Benefits
… Cizik will be sentenced to 2 to 6 years in state prison on March 13, 2015. Cizik admitted to stealing $121,772.72 … Cizik witnessed a cremation authorization form for Wynn when he died and failed to notify the Retirement System of Wynn’s death. Instead, Cizik submitted false information to Wynn’s …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-and-schneiderman-announce-guilty-plea-120k-fraud-state-pension-benefitsDiNapoli Announces State Contract & Payment Actions for November 2014
… are reasonable, the playing field is level and taxpayers get the best value for their money. The independent audits … to provide current information about the number and types of contracts and payments entered into by the state. This … contract with Navient Credit Finance Corporation for sale of student loans. $1.4 million for College Access Challenge …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-announces-state-contract-payment-actions-november-2014Parsons Child and Family Center – Compliance With the Reimbursable Cost Manual (2019-S-25) 180-Day Response
To determine whether the costs reported by Parsons Child and Family Center on its Consolidated Fiscal Report were properly calculated ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2020-19s25-response.pdfState Comptroller DiNapoli Releases State Audits
… have been issued: State Education Department (SED): The Child Development Council Inc., Compliance with the … programs that did not comply with SED’s requirements for reimbursement. The non-reimbursable costs included $5,394 … in ineligible food costs, $2,337 in ineligible costs for consultant services, $2,309 in non-program-related costs, …
https://www.osc.ny.gov/press/releases/2016/12/state-comptroller-dinapoli-releases-state-auditsState Agencies Bulletin No. 873
… as explained in this bulletin Effective Date(s) New tax withholding rates will be reflected in Administration … For 2009, changes have been made to: Federal Income Tax Withholding Rates and Allowance Amounts Social … Rates Tax Rates The change to the Federal income tax withholding rates and allowance amounts will result in a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/873-summary-tax-related-changes-2009XIX.3 Project IDs with Multiple Funding Sources – XIX. Project Costing (PCIP)
… agencies to use the Project ID in SFS to manage and report on the total cost to the overall project within one SFS … the implementation of PCIP, Project IDs will be required for any project that is funded with Capital funds and are … budget for the project can be for the entire project with child budgets at an appropriation / segregation level, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix3-project-ids-multiple-funding-sourcesDiNapoli Audit Highlights Need for Better Compliance with School Violence Reporting Law
… to take steps toward providing a safe learning environment for students in pre-kindergarten through 12th grade. Under … each reportable violent or disruptive incident that occurs on school property. Schools submit an annual summary of these … SED failed to comply with provisions of the federal No Child Left Behind Act of 2001 that require it to notify local …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-audit-highlights-need-better-compliance-school-violence-reporting-lawState Agencies Bulletin No. 2126.4
… employees meeting certain criteria who work at least 50% part-time are affected. Background: Governor Hochul … employees, regardless of Comp Rate Code, who work at least 50% part-time in one of the following bargaining units may be … leave of absence at a reduced percentage (i.e. sick leave 50%) at the time of the qualifying event but was 100% prior …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/21264-paid-parental-leave-fullComptroller DiNapoli And A.G. Schneiderman Announce Sentencing of New Jersey Woman in Theft of More Than $162,000 in New York State Pension Benefits
… N.J., to six months in jail and five years of probation for the theft of more than $162,000 in pension benefits from … retirement benefits until 2012, despite her mother's death in 2006. Linda Miller pleaded guilty in July 2015 to … crime because it harms all of the retirees who count on their pension for a secure retirement. Through my office's …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-new-jersey-woman-theft-more-162000-newDiNapoli Announces State Contract and Payment Actions for May 2016
… nearly 2.2 million payments worth nearly $10.3 billion in May. His office also rejected 176 contracts and related … the state’s Deferred Compensation Plan. Office of General Services $32 million for 14 contracts for concrete and asphalt for the Department of …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-announces-state-contract-and-payment-actions-may-2016Stay Informed – Non-Contributory Plan with Guaranteed Benefits
… or in the event of disability or death. Use these tips to help you understand your benefits and stay informed. … instead of mailing forms or calling NYSLRS. Members can view benefit information, update contact information, view … Tier 1 2 3 Article 11 5 and 6 members under Section 375e How to Stay Informed …
https://www.osc.ny.gov/retirement/publications/1513/stay-informed