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Village of Franklin – Fund Balance Management (2018M-13)
… a population of approximately 375. The Village is governed by an elected three-member Board of Trustees. General fund … The general fund’s year-end total fund balance increased by 46 percent from 2014-15 through 2016-17. Budgeted general … in 2015-16 and 2016-17 exceeded expenditures by an annual average of 30 percent while actual revenues …
https://www.osc.ny.gov/local-government/audits/village/2018/05/04/village-franklin-fund-balance-management-2018m-13Wayne County Water and Sewer Authority – Water and Sewer Operations and Wastewater System Cybersecurity (2017M-276)
… Background The Wayne County Water and Sewer Authority is an independent public benefit corporation located in Wayne County. The Authority, which is governed by an appointed nine-member Board of Directors, …
https://www.osc.ny.gov/local-government/audits/county/2018/04/06/wayne-county-water-and-sewer-authority-water-and-sewer-operations-and-wastewaterWestchester County – Budget Review (B18-6-2)
… of Budget Review The purpose of our budget review was to determine whether the significant revenue and expenditure … for sales tax collections, we estimate total collections to be closer to $538.4 million. The County budgeted $246.6 million in …
https://www.osc.ny.gov/local-government/audits/county/2018/03/30/westchester-county-budget-review-b18-6-2Center Moriches Union Free School District – Medicaid Reimbursements (2017M-174)
… five-member Board of Education, operates three schools with approximately 1,650 students. Budgeted appropriations …
https://www.osc.ny.gov/local-government/audits/school-district/2017/12/22/center-moriches-union-free-school-district-medicaid-reimbursements-2017mTown of Carlton – Town Supervisor’s Fiscal Responsibilities (2017M-263)
… Purpose of Audit The purpose of our audit was to determine whether the Town Supervisor … 1, 2015 through October 2, 2017. Background The Town of Carlton is located in Orleans County and has a population …
https://www.osc.ny.gov/local-government/audits/town/2018/02/16/town-carlton-town-supervisors-fiscal-responsibilities-2017m-263State Agencies Bulletin No. 772
… To notify agencies of the maximum contribution limits for employees enrolled in the Deferred Compensation Plan for calendar year 2008, pursuant to IRS Section 457 … will remain at $15,500. The Deferred Compensation “Retirement Catch-Up” provision, available to employees in …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/772-maximum-deferred-compensation-contribution-limits-calendar-year-2008Collection of Lease and Permit Revenues (Follow-Up)
… extent of implementation of the four recommendations made in our initial report, Assessment and Collection of Lease and … the time of our audit, the Department was owed $6 million in lease and permit revenues, including $2.4 million between … extent of implementation of the four recommendations made in our initial report Assessment and Collection of Lease and …
https://www.osc.ny.gov/state-agencies/audits/2015/04/07/collection-lease-and-permit-revenues-followReceiving Your Benefit and Filing Your Option Election – Career Plan
… Receiving Your Benefit At retirement, you must decide how you want your retirement benefit paid. You can choose from several options, all of which will provide … provide for a possible payment to a designated beneficiary after your death. Filing Your Option Election You must file …
https://www.osc.ny.gov/retirement/publications/1642/receiving-your-benefit-and-filing-your-option-electionOperational Advisory No. 3
… other value, the transaction may not be submitted to OSC for processing. Failure to review the budget check status and …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/3-budget-check-reminderReceiving Your Benefit and Filing Your Option Election – Regional State Park Police Plan
… date, whichever is later. If your election is not timely, by law, we must process your retirement as if you had … information for PFRS Tier 1 2 3 5 and 6 members covered by Section383a Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1867/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – Police and Fire Plan
… benefit paid. You can choose from several options, all of which will provide you with a monthly benefit for life. For example, you may elect the Single Life Allowance, which provides the maximum amount … your Option Election form (unless notified otherwise, as in the case of disability retirement) before the first day of …
https://www.osc.ny.gov/retirement/publications/1512/receiving-your-benefit-and-filing-your-option-electionVested Retirement Benefit – En-Con Police Officers Plan
… information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/vested-retirement-benefitReceiving Your Benefit and Filing Your Option Election – En-Con Police Officers Plan
… date, whichever is later. If your election is not timely, by law we must process your retirement as if you had selected … information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/receiving-your-benefit-and-filing-your-option-electionReceiving Your Benefit and Filing Your Option Election – New Career Plan
… choose from several options, all of which will provide you with a monthly benefit for life. For example, you may elect … provides the maximum amount payable during your lifetime, with nothing payable to a beneficiary upon your death. Or, … you had selected Cash Refund — Contributions (Option ½), with your estate named as beneficiary. …
https://www.osc.ny.gov/retirement/publications/1515/receiving-your-benefit-and-filing-your-option-electionVested Retirement Benefit – Regional State Park Police Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public employment before retirement age and have five years of credited service. When you reach retirement age, you will be entitled to a retirement benefit …
https://www.osc.ny.gov/retirement/publications/1867/vested-retirement-benefitReceiving Your Benefit and Filing Your Option Election – Non-Contributory Plan with Guaranteed Benefits
… must process your retirement as if you had selected Cash Refund — Contributions (Option ½), with your estate named as …
https://www.osc.ny.gov/retirement/publications/1513/receiving-your-benefit-and-filing-your-option-electionCUNY Bulletin No. CU-451
… Health insurance rate adjustments will be processed by OSC in paychecks dated August 9, 2012. The attached chart … will see an increase in their current payroll deduction by the amount indicated. Agency Actions Notify affected …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-451-city-university-new-york-health-insurance-rate-adjustmentCUNY Bulletin No. CU-439
… Transit Benefit (code 438) deduction amount to $62.50 for those employees whose Pre-Tax Transit Benefit deduction …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-439-2012-cuny-pre-tax-transit-rate-changesReceiving Your Benefit and Filing Your Option Election – Basic Plan with Increased-Take-Home-Pay (ITHP)
… must process your retirement as if you had selected Cash Refund — Contributions (Option ½), with your estate named as …
https://www.osc.ny.gov/retirement/publications/1511/receiving-your-benefit-and-filing-your-option-electionPUC Achieve Charter School – Board Oversight (2016M-316)
… of Rochester in Monroe County, is a public school financed by local, State and federal resources that is not under the … of the local school board. The School, which is governed by a seven-member Board of Trustees, provided education to … operations, revenues fell short of estimates, compounded by higher-than-expected expenditures, resulting in a year-end …
https://www.osc.ny.gov/local-government/audits/school-district/2017/05/05/puc-achieve-charter-school-board-oversight-2016m-316