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Overview – Contribution Stabilization Program
… The Contribution Stabilization Program (CSP) is an optional program that allows you to pay a portion of your annual … of whether they choose to amortize in any year. The program was designed to help the State and municipalities … can participate in the Contribution Stabilization Program for more predictable pension costs …
https://www.osc.ny.gov/retirement/employers/csp/overviewAccidental Death Benefit – Forest Rangers Plan
… in this order: First, to your surviving spouse, for life; Second, where there is no surviving spouse or in … surviving spouse or minor children, to a dependent parent for life. If all the beneficiaries listed above become ineligible for benefit payments, and the payments made to that time do …
https://www.osc.ny.gov/retirement/publications/1864/accidental-death-benefitDiNapoli: Syosset Man Sentenced for Role in $12 Million Ponzi Scheme
… man was sentenced today to up to ten-and-a-half years in prison for his role in a $12 million Ponzi scheme that … defendant was sentenced today to 3-1/2 to 10-1/2 years in prison. Eckstein originally pleaded guilty to the charges on … that Eckstein pays for his crimes with significant prison time, and to my civil forfeiture bureau, for their …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-syosset-man-sentenced-role-12-million-ponzi-schemeGermantown Central School District – Payroll (2023M-3)
… of Education (Board). Key Findings The District did not have adequate payroll processes to ensure compensation paid to employees was accurate, adequately supported and …
https://www.osc.ny.gov/local-government/audits/school-district/2023/09/22/germantown-central-school-district-payroll-2023m-3Town of Harford - Highway Asset Accountability and Procurement (2019M-201)
… process to procure highway goods and services and complied with statutes related to conflicts of interest. Key Findings … of interest in Town contracts. Town officials agreed with our recommendations and have initiated or indicated they …
https://www.osc.ny.gov/local-government/audits/town/2019/12/20/town-harford-highway-asset-accountability-and-procurement-2019m-201Naples Central School District – Network Access Controls (2020M-82)
… not regularly review network user accounts and permissions to determine whether they were appropriate or needed to be disabled. The District had 63 unneeded network user … (IT) control weaknesses were communicated confidentially to officials. Key Recommendations Regularly review network …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/16/naples-central-school-district-network-access-controls-2020m-82Town of Brandon - Financial Condition (2019M-239)
… fund balance declining from $58,241 on January 1, 2017 to $5,714 as of December 31, 2019. The highway fund’s appropriations were … resulting in operating deficits. The Board does not have a policy to maintain a reasonable level of fund balance. The …
https://www.osc.ny.gov/local-government/audits/town/2020/04/24/town-brandon-financial-condition-2019m-239Special Accidental Death Benefit – Career Plan
… that permit payment of the accidental death benefit, a special accidental death benefit will be paid to your … surviving spouse. If the surviving spouse receiving the special accidental death benefit dies, this benefit will be … salary that would have been payable to a police superior officer or a fire officer. …
https://www.osc.ny.gov/retirement/publications/1642/special-accidental-death-benefitSpecial Accidental Death Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… that permit payment of the accidental death benefit, a special accidental death benefit will be paid to your … surviving spouse. If the surviving spouse receiving the special accidental death benefit dies, this benefit will be … salary that would have been payable to a police superior officer or a fire officer. …
https://www.osc.ny.gov/retirement/publications/1511/special-accidental-death-benefitSpecial Accidental Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… that permit payment of the accidental death benefit, a special accidental death benefit will be paid to your … surviving spouse. If the surviving spouse receiving the special accidental death benefit dies, this benefit will be … salary that would have been payable to a police superior officer or a fire officer. …
https://www.osc.ny.gov/retirement/publications/1513/special-accidental-death-benefitSpecial Accidental Death Benefit – Forest Rangers Plan
… benefit, a special accidental death benefit will be paid to your surviving spouse. If the surviving spouse receiving … accidental death benefit dies, this benefit will be paid to your children who are under the age of 18 or, if they are … The special accidental death benefit is a pension equal to your salary reduced by: The accidental death benefit …
https://www.osc.ny.gov/retirement/publications/1864/special-accidental-death-benefitSpecial Accidental Death Benefit – Police and Fire Plan
… that permit payment of the accidental death benefit, a special accidental death benefit will be paid to your … surviving spouse. If the surviving spouse receiving the special accidental death benefit dies, this benefit will be … salary that would have been payable to a police superior officer or a fire officer. …
https://www.osc.ny.gov/retirement/publications/1512/special-accidental-death-benefitSpecial Accidental Death Benefit – En-Con Police Officers Plan
… benefit, a special accidental death benefit will be paid to your surviving spouse. If the surviving spouse receiving … accidental death benefit dies, this benefit will be paid to your children who are under the age of 18 or, if they are … The special accidental death benefit is a pension equal to your salary reduced by: The accidental death benefit …
https://www.osc.ny.gov/retirement/publications/1822/special-accidental-death-benefitSpecial Accidental Death Benefit – State University Police Plan
… benefit, a special accidental death benefit will be paid to your surviving spouse. If the surviving spouse receiving … accidental death benefit dies, this benefit will be paid to your children who are under the age of 18 or, if they are … The special accidental death benefit is a pension equal to your earnings reduced by: The accidental death benefit …
https://www.osc.ny.gov/retirement/publications/1823/special-accidental-death-benefitSpecial Accidental Death Benefit – Regional State Park Police Plan
… benefit, a special accidental death benefit will be paid to your surviving spouse. If the surviving spouse receiving … accidental death benefit dies, this benefit will be paid to your children who are under the age of 18 or, if they are … The special accidental death benefit is a pension equal to your salary reduced by: The accidental death benefit …
https://www.osc.ny.gov/retirement/publications/1867/special-accidental-death-benefitEducators for Children, Youth and Families, Inc. – Use of Contract Funds (Follow-Up)
… Purpose To determine the extent of implementation of the three … June 4, 2008. New York State awards grants and contracts to non-profit community-based organizations that offer after-school services to children. To receive reimbursement for its program-related …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/educators-children-youth-and-families-inc-use-contract-funds-followContributing Toward Your Retirement – State Police Plan
… Tier 2 Members You don’t need to contribute toward your retirement. However, you can make voluntary annuity savings contributions, which will … beyond your regular pension benefit when you retire. You can contribute any whole percentage from 1 percent to 10 …
https://www.osc.ny.gov/retirement/publications/1518/contributing-toward-your-retirementXII.10.E Reporting the Theft, Loss or Misuse of State Assets – XII. Expenditures
… Law, State agencies must inform OSC of any suspected and/or known theft, loss, misuse or inappropriate action involving State funds, equipment, supplies and other assets. Improper transactions must be reported to … to wait until an investigation has been completed and/or forwarded to an investigative agency before notifying …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii10e-reporting-theft-loss-or-misuse-state-assetsX.4.A Identifying Information – X. Guide to Vendor/Customer Management
… Section 4.A - Vendor Classifications of this Chapter) Open for Ordering – If this box is checked, purchase orders can be … does business with. This capability allows State agencies to group vendors according to category, type, qualifications, etc. Currently, there are …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x4a-identifying-informationNew York’s Economy and Finances in the COVID-19 Era
… Real U.S. gross domestic product is projected to increase by 4.4 percent in calendar year 2021 after an estimated … percent in 2020, U.S. employment is projected to increase by 2.7 percent in 2021 and reach its pre-pandemic level in … the economy. The number of New Yorkers with jobs plunged by 1.5 million in March and April. As of November, the count …
https://www.osc.ny.gov/reports/covid-19-january-21-2021