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Overview – Special 20- and 25-Year Plans
… 383-e of the RSSL provides a new 20-year plan, which is optional for Tier 5 members and Tier 6 members who joined … 383-f of the RSSL provides a new 25-year plan, which is optional for Tier 2 and 3 members. IMPORTANT: Electing coverage under Section 383-e or 383-f is irrevocable and will apply to all subsequent employment in …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/overviewAbout the Retirement System – What Every Employer Should Know
… and Fire Retirement System (PFRS), created in 1966. NYSLRS is one of the largest public retirement systems in the world. The New York State Comptroller is the administrative head of NYSLRS. The New York State …
https://www.osc.ny.gov/retirement/employers/partnership/about-retirement-systemEmployer Education Seminars
… NYSLRS employers can schedule training seminars for benefit and reporting …
https://www.osc.ny.gov/retirement/employers/employer-education-seminarsX.4.C Contacts – X. Guide to Vendor/Customer Management
… contacts, but only one primary contact. When the vendor is created, the primary contact is the contact on the vendor’s Substitute W-9 form. The …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x4c-contactsSalem Volunteer Fire Department, Inc. - Financial Activities (2019M-205)
… ensured financial activities were properly recorded and money was safeguarded. Key Findings Collections were not … ensured financial activities were properly recorded and money was safeguarded …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2019/12/20/salem-volunteer-fire-department-inc-financial-activities-2019mRiverhead Central School District – Vendor Master File (2017M-139)
… 31, 2017. Background The Riverhead Central School District is located in the Towns of Brookhaven, Riverhead and Southampton in Suffolk County. The District, which is governed by an elected seven-member Board of Education, … any procedures in place to determine whether a vendor name is already included in the master file before creating a new …
https://www.osc.ny.gov/local-government/audits/school-district/2017/09/22/riverhead-central-school-district-vendor-master-file-2017m-139East Islip Public Library – Cash Receipts (2017M-223)
… Ensure that reconciliations are prepared for attraction ticket purchases, sales and inventory on hand. Separate …
https://www.osc.ny.gov/local-government/audits/library/2017/12/22/east-islip-public-library-cash-receipts-2017m-223Accounts Payable Advisory No. 50
… Payment Terms Guidance: An early payment discount is an incentive (in the form of a reduction of the invoice … by a vendor to an agency for making a payment before it is due. Every agency should have a process in place to ensure … discount rate offered by a vendor whenever a discount is available. In the SFS, discount terms can be established …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/50-early-payment-discountsReceiving Your Benefit and Filing Your Option Election – Article 14 Benefits
… selection up to 30 days after your disability application is approved, or up to 30 days after your retirement date, whichever is later. If your election is not timely, by law, we must process your retirement as if …
https://www.osc.ny.gov/retirement/publications/1644/receiving-your-benefit-and-filing-your-option-electionGeneral Schedule/Cycle of Data Availability: Financial Data
… Financial Data What is the general schedulecycle of data availability …
https://www.osc.ny.gov/local-government/data/general-schedulecycle-data-availability-financial-dataXI.11.G Equipment Acquisition – XI. Procurement and Contract Management
… of financing. Budget Policy and Reporting Manual Item H-300 requires agencies to submit Annual Technology Plans … Financing or Statewide Lease Purchase Agreement DOB H-300-Budget Policy and Reporting Manual – Statewide Policy for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11g-equipment-acquisitionMember Annual Statement
… We mail printed Statements by the end of June. For up-to-date account information throughout the year, sign in to … or print your Statement: Sign in to Retirement Online . Look under My Account Summary . Click View My Member Annual … is secure. Use it when you call or write NYSLRS. How do I change my name? You can use Retirement Online to …
https://www.osc.ny.gov/retirement/members/member-annual-statementRecertification of the Record of Activities (RS2419)
To affirm that your previous record of activities is still representative of your hours as an elected or appointed official, NYSLRS members use form RS2419.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs2419.pdfOverview – 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/overviewContract Advisory No. 29
… Subject : Electronic Documents Submission System (EDSS) Host Agency Guidance : The Office of … Bureau of Contracts (BOC) Electronic Documents Submission System (EDSS) has launched a new function that … State Office of the State Comptroller Electronic Documents Submission System (EDSS) Hosting Access (AC3347) form for the …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/29-electronic-documents-submission-system-edss-host-agencyTown of Greenfield – Golf Course Collections (2021M-133)
… in a timely manner. The head golf professional (golf pro) did not reconcile daily cash, checks and credit card … card collections to the sales detail. Audit the golf pro’s and bookkeeper’s records and reports annually. Town …
https://www.osc.ny.gov/local-government/audits/town/2021/11/24/town-greenfield-golf-course-collections-2021m-133South Lewis Central School District – Conflicts of Interest (2021M-3)
… District (District) officials had prohibited interests in District contracts. Key Findings Three Board members had prohibited interests in contracts that the District awarded totaling more than $22 … to the District totaling $17,446. Due to deficiencies in the District’s conflict of interest disclosure forms and …
https://www.osc.ny.gov/local-government/audits/school-district/2021/07/30/south-lewis-central-school-district-conflicts-interest-2021m-3Schonowe Volunteer Fire Company, Inc. – Board Oversight (2021M-185)
… complete report - pdf ] Audit Objective Determine whether the Schonowe Volunteer Fire Company, Inc. (Company) Board … adequate oversight of financial operations. Key Findings The Board did not provide adequate oversight of financial operations. The Board did not develop financial procedures for …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2022/04/08/schonowe-volunteer-fire-company-inc-board-oversight-2021m-185Town of Potter – Town Clerk (2020M-113)
… deposited, recorded, reported and remitted collections in a timely and accurate manner. Key Findings A former Clerk did … determined the shortage. Key Recommendations Consult with legal counsel and the Town’s insurance agent to recoup the … to ensure records, deposits, reports and collections are remitted in an accurate and timely manner and the Clerk …
https://www.osc.ny.gov/local-government/audits/town/2021/04/30/town-potter-town-clerk-2020m-113City of Salamanca - Collections (2023M-131)
… report – pdf] Audit Objective Determine whether the City of Salamanca (City) City Comptroller’s (Comptroller) collections were recorded … Determine whether the City of Salamanca City City Comptrollers Comptroller collections were recorded …
https://www.osc.ny.gov/local-government/audits/city/2024/03/15/city-salamanca-collections-2023m-131