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The Age 60 Plan – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Eligibility As a Tier 1 member, you will be eligible for a service retirement benefit when you reach age 60 and … with a reduced benefit. 1 Regardless of tier, if you work for an employer that offers a special retirement plan, you … your pension will equal: 1/140th (.71 percent) of your FAS for each year of credited service; plus 1/70th (1.42 percent) …
https://www.osc.ny.gov/retirement/publications/1511/age-60-planCredit for Previous or Military Service – Basic Plan with Increased-Take-Home-Pay (ITHP)
… You may be able to obtain credit for your previous public employment or military service. It … service is any period of time you received salary from a participating employer before that employer elected to … and tier restored. However, an earlier tier of membership does not always result in a better benefit. Please review …
https://www.osc.ny.gov/retirement/publications/1511/credit-previous-or-military-serviceDiNapoli: Rising Costs Hitting Homeowners & Renters Statewide
… .osc.state.ny.us/reports/housing/affordable_housing_ny_2014.pdf … Housing costs in New York rose sharply relative to …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-rising-costs-hitting-homeowners-renters-statewideState Agencies Bulletin No. 1971
… jobs, all payroll deposits are made according to the single Direct Deposit record for all jobs. As a result of the … the DD Returns and Reversals mailbox. The Direct Deposit Form for NYS Employees, form AC 2772 , should be provided to … validate it against the existing information in PayServ or on record with the agency: SECTION A: Employee Information …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1971-direct-deposit-guidance-and-audit-queryDiNapoli: Neighborhood Banks Helping Stabilize, Revitalize City Communities
… visited Ridgewood Savings Bank, in Clinton Hill, Brooklyn and Spring Bank, in the South Bronx, to highlight the … of the two bank branches. "Residents of New York City, and the neighborhood businesses where they spend their money, … millions in subsidized public deposits and additional benefits that will improve local financial services." "The …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-neighborhood-banks-helping-stabilize-revitalize-city-communitiesHousing Trust Fund Corporation: Internal Controls Over and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs (2021-S-10) 180-Day Response
To determine whether Homes and Community Renewal (HCR) has established and maintains adequate internal controls to oversee and monitor the federally funded Community Development Block Grant program and HOME Investment Partnerships Program to ensure they meet requirements, and whether ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-21s10-response.pdfHomeownership Rates in New York
In New York, that dream appears unattainable for a large share of the population: New York has the lowest homeownership rate among the states, with only 53.6 percent owning a home in the second quarter of 2022, compared to 65.8 percent nationally.
https://www.osc.ny.gov/files/reports/pdf/homeownership-rates-in-ny.pdfOpinion 98-18
… Opns St Comp No. 81-1, p 1). Given that fire districts do not, in fact, "act on behalf of" municipalities, it is …
https://www.osc.ny.gov/legal-opinions/opinion-98-18State Agencies Bulletin No. 1866
… to be used by agency payroll officers only, not employees or third parties. Requests must originate from the State … not submit the employee’s Social Security number, in part or whole. Depending upon the type of request, additional … W-2. It should be used in addition to the original Form W-2. When requesting a Form W-2c, an agency must explain …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1866-general-tax-tipsDiNapoli: Queens Economy Takes Off
… expansion. Health care, leisure and hospitality, business services and retail were responsible for more than two-thirds … we can get the federal funding necessary to maintain the services for this great borough.” “I would like to thank … businesses. Immigrant communities generate jobs, provide services, and represent a vital thread in the social and …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-queens-economy-takes-offDiNapoli Announces State Contract & Payment Actions for December
… Approved a $1.2 million contract with Applied Energy Group to support LIPA’s Edge Program that allows LIPA to …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-state-contract-payment-actions-decemberOversight of Nurse Hiring and Retention
… Purpose To determine whether the New York City Health and Hospitals … nurses employed after January 29, 2002 are required to have their background verified through fingerprinting. … 200 direct hire nurses in our sample, 41 (21 percent) had not been fingerprinted. Of these, 38 were hired before 2002 – …
https://www.osc.ny.gov/state-agencies/audits/2018/07/16/oversight-nurse-hiring-and-retentionManagement of Selected Special Revenue Funds
… revenue funds to ensure the funds are spent timely and for their intended purposes. Our audit covered the period … revenue and are legally restricted to disbursement for specified purposes. Over a decade ago, the State created … in support of the specific causes. More recently, the fund for organ donation (the Life Pass It On Trust Fund) has also …
https://www.osc.ny.gov/state-agencies/audits/2016/08/02/management-selected-special-revenue-fundsComptroller DiNapoli and Westchester County District Attorney: Former Croton-On-Hudson Village Fire Department Treasurer Pleads Guilty in Theft of Fire Department Funds
… Division Public Integrity Bureau, is prosecuting the case. Since taking office in 2007, DiNapoli has committed to …
https://www.osc.ny.gov/press/releases/2018/09/comptroller-dinapoli-and-westchester-county-district-attorney-former-croton-hudson-village-fireComptroller DiNapoli and A.G. Scheneiderman Announce 2 to 6 Year Prison Sentence for Former Councilman Ruben Wills in Public Corruption Scheme
… John Chiara of the Public Integrity Bureau prosecuted the case. Legal Support Analyst Dillon Kraus provided important …
https://www.osc.ny.gov/press/releases/2017/08/comptroller-dinapoli-and-ag-scheneiderman-announce-2-6-year-prison-sentence-former-councilman-rubenOpinion 2004-8
… in the opinion. INSURANCE -- Health Insurance (reserve fund for) LOCAL LAWS -- Municipal Funds (reserve fund for health care benefits) GENERAL MUNICIPAL LAW §§6-n, … HOME RULE LAW §10: A village may not establish a reserve fund for direct cash reimbursements by the village for health …
https://www.osc.ny.gov/legal-opinions/opinion-2004-8Comptroller DiNapoli and A.G. Schneiderman Announce Sentencing for Rensselaer DPW Employees Who Stole Scrap Metal Proceeds
… and assistance in this investigation. Prosecuting the case is Assistant Attorney General Christopher Baynes of the …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-rensselaer-dpw-employees-who-stole-scrapDiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… established the economic nexus policy, expanding the group of vendors required to collect sales tax. The second …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarterHeat and Hot Water Complaints
… linked as part of the same complaint. HPD needs to do more to make the inspection process for heat and/or hot …
https://www.osc.ny.gov/state-agencies/audits/2020/09/24/heat-and-hot-water-complaintsState Comptroller DiNapoli Releases Municipal & School Audits
… two former board members and two former interns. Village of Hewlett Neck – Treasurer’s Duties (Nassau County) The … with statutes. Instead, the village clerk performed many of the treasurer’s duties, creating a lack of segregation of duties. Neither the board, nor the …
https://www.osc.ny.gov/press/releases/2023/04/state-comptroller-dinapoli-releases-municipal-school-audits