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Payroll Improvement Project Bulletin No. PIP-010
… terminated after January 1, 2015 will be converted at Go Live. Background The Office of the State Comptroller is … Effective Dates All changes for 9.2 are effective at Go Live, scheduled for March 15, 2021. Conversion Changes Plan Type Plan Types in v 9.2 will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-010-changes-pension-plans-payserv-92Opinion 2005-5
… in the opinion. POLICE AND POLICE PROTECTION -- Police Chief (entitlement to increase in compensation when employer … under that plan are not increased, the village police chief is not entitled to any increase in compensation under … the requirements for compensating a village police chief under General Municipal Law §207-m. You indicate that …
https://www.osc.ny.gov/legal-opinions/opinion-2005-5State Comptroller DiNapoli Releases School District Audits
… in appropriated fund balance to fund operations. Because of the district’s ongoing reliance on fund balance to finance … has declined from about $2.5 million at the beginning of 2017-18 to about $1 million at the end of 2018-19. In addition, the board has not adopted a …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli Recommends Ways For LIRR To Get Back On Track
… The Long Island Rail Road's (LIRR) limited plans for handling … incidents and poor communications to riders, exacerbated the impact of train delays and cancelations this past winter, … The Long Island Rail Roads LIRR limited plans for handling unexpected incidents and poor communications to …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-recommends-ways-lirr-get-back-trackSchool for Language and Communication Development – Compliance With the Reimbursable Cost Manual
… special education provider located in Nassau County, New York. SLCD provides preschool special education services to …
https://www.osc.ny.gov/state-agencies/audits/2018/04/16/school-language-and-communication-development-compliance-reimbursable-cost-manualDiNapoli Releases Recommendations From Decarbonization Advisory Panel
… change on the New York State Common Retirement Fund (Fund) and recommends ways for the Fund to build on its climate … Decarbonization Advisory Panel, the first of its kind for a public pension fund, was formed by Gov. Andrew Cuomo and … in 2018 and members were appointed in March 2018. It is comprised of investment, financial, environmental, energy …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-releases-recommendations-decarbonization-advisory-panelDiNapoli Statement on the Election of John Flanagan as Leader of the New York State Senate
… The New York Legislature needs to get back to work and the Senate needs to move forward. As an experienced advocate for New Yorkers, John Flanagan can help the State Senate … The New York Legislature needs to get back to work and the …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-statement-election-john-flanagan-leader-new-york-state-senateDiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… risks, diversity, equity and inclusion (DEI), workforce management, and ensuring a robust governance framework to … DEI, workforce management, governance, board diversity, executive compensation, and political spending disclosure. … voting on all director nominees, advisory votes on executive compensation, and votes on shareholder proposals at …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-prioritiesOrdinary Death Benefit – Regional State Park Police Plan
… to an ordinary death benefit, in lieu of a monthly pension, if you meet eligibility requirements and your death … be payable to your designated beneficiary if you are a: Tier 1 member and have completed at least one year of service … Workers’ Compensation or other employer-funded benefits, for up to two years (which may be extended for an additional …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitThe Ex-spouse’s Payments – Divorce and Your Benefits
… retirement date, unless otherwise specified in the DRO. It’s important to submit the required documents well … already receiving a pension benefit at the time the final DRO is submitted, the ex-spouse’s payments will begin after … will not be retroactive to the date NYSLRS accepted the DRO. If an ex-spouse is entitled to a retroactive …
https://www.osc.ny.gov/retirement/members/divorce/ex-spouses-paymentsDiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund's Emerging Manager Program
… Retirement Fund (Fund) has committed an additional $1.2 billion to its emerging manager program, increasing the … with the state pension fund,”said DiNapoli. “The recent $1.2 billion in commitments to the program will help strengthen … Advisors. “We commend Comptroller DiNapoli for the Fund’s vision and commitment to utilizing emerging managers to …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-announces-12-billion-new-commitments-state-pension-funds-emerging-manager-programDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… announced today an estimated 13.02 percent rate of return for the New York State Common Retirement Fund (Fund) now … at an estimated $176.2 billion, the highest amount ever, for fiscal year ending March 31, 2014. “It was a stellar year for us. The Fund grew in value to a historic high of $176.2 …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionDiNapoli: Audit Uncovers $425 Million in Missed Medicaid Drug Rebates
… The state Department of Health (DOH) billed drug companies for $425.9 million in … is being collected," DiNapoli said. "Thanks to the work of my auditors, the department promptly updated its … it has previously missed and was able to recoup hundreds of millions of dollars. Another $1.2 million in rebates could …
https://www.osc.ny.gov/press/releases/2018/06/dinapoli-audit-uncovers-425-million-missed-medicaid-drug-rebatesState Comptroller DiNapoli Releases Annual IDA Report
… of Industrial Development Agencies in New York State – 2026 Annual Report IDA Data by Region Industrial Development …
https://www.osc.ny.gov/press/releases/2026/05/state-comptroller-dinapoli-releases-annual-ida-reportOvertime Limits for Tier 6
… calculation of your final average earnings (FAE) , which is used to determine your NYSLRS pension. If you earn more … (Return to Top) PFRS Tier 6 Members Your overtime limit is 15 percent of your pensionable, non-overtime earnings … in the calculation of your final average earnings which is used to determine your pension is subject to an annual …
https://www.osc.ny.gov/retirement/members/overtime-limits-tier-6Borrowing Against Your Contributions – Career Plan
… If you meet eligibility requirements, you may take a loan from … or disability). The loan application provides examples of how much your reduction would be. How Much You Can Borrow The … could result in significant tax consequences for you. You do not make the required payments on your loan at least once …
https://www.osc.ny.gov/retirement/publications/1642/borrowing-against-your-contributionsDiNapoli: New York Ranks Last in Balance of Payments With Washington
… programs such as Social Security, Medicare, benefits for veterans and retired federal employees and food assistance. … Washington for federal employee retirement benefits and veterans’ benefits to New Yorkers were lower than average on … York’s and other states’ balance of payments, in both the near and longer terms, as updated population counts influence …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-new-york-ranks-last-balance-payments-washingtonState Comptroller DiNapoli Releases School District Audits
… limit for the past three fiscal years. As of June 30, 2019, surplus fund balance was $1.75 million, or 12.8 …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-dinapoli-releases-school-district-auditsDiNapoli: Former Bethel Tax Collector Arrested for Pension Fund Fraud
… the arrest of Debra Gabriel, the former tax collector for the Town of Bethel, for allegedly stealing unearned benefits from the state … a false Record of Activities (ROAs) with the town for filing with the State Comptroller. ROAs are documents in … the arrest of Debra Gabriel the former tax collector for the Town of Bethel for allegedly stealing unearned …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-former-bethel-tax-collector-arrested-pension-fund-fraudNY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… Fund’s adoption of its Responsible Workforce Management Policy and Principles (Policy). As part of the Fund’s investment due diligence of … within its $38 billion private equity asset class, the new Policy will require an evaluation of relevant workforce … the Funds adoption of its Responsible Workforce Management Policy and Principles Policy …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equity