Search
DiNapoli: Second Former Mechanic at State Police Garage Pleads Guilty to Felony
… based in Oneida. Rapasadi was convicted of ordering auto parts and tools for personal use on the state police-paid account at United Auto Supply. DiNapoli’s analysis of thousands of United Auto Supply invoices found that between April 2015 and October 2020, there were over $54,000 in inappropriate …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-second-former-mechanic-state-police-garage-pleads-guilty-felonyCost Reporting of Programs Operated by Gateway-Longview, Inc.
… evidence that transactions were fair and reasonable. The cost of these related-party transactions totaled $7,042,903. … also included $64,110 in payments for car and cell phone allowances for Gateway’s former Chief Executive Officer …
https://www.osc.ny.gov/state-agencies/audits/2014/12/30/cost-reporting-programs-operated-gateway-longview-incFormer Village of Candor Mayor Pleads Guilty to Stealing From the Village
… New York State Comptroller Thomas P. DiNapoli and the New York State Police announced that former Village of … Attorney Martin, and our members. Public officials have a duty to act with integrity and transparency, and this case … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2025/01/former-village-candor-mayor-pleads-guilty-stealing-villageMember Contributions
… Most members are required to contribute a percentage of their earnings toward their … plans , also known as traditional pension plans. When you retire, you will receive a monthly pension payment for … annual wage would be if you worked full-time. Once you have been a member for more than two full state fiscal years, …
https://www.osc.ny.gov/retirement/members/member-contributionsOrdinary Death Benefit – Regional State Park Police Plan
… pension benefit. The first $50,000 of this benefit is paid in the form of group term life insurance, which is currently exempt from federal income tax. …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitOrdinary Death Benefit – En-Con Police Officers Plan
… of absence (with or without pay); While you are receiving Workers’ Compensation or other employer-funded benefits, for up to two … on an authorized medical leave of absence or receiving Workers’ Compensation or other employer-funded benefits, …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-death-benefitEligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… Tier 1 Members: You are eligible to retire at age 55. Tier 2 and 3 Members: You must have at least five years … retire with full benefits at age 62, or may choose early retirement with a reduced benefit between ages 55 and 62. Tier 5 and 6 Members: You must have at least five …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingCounty of Rockland – Budget Review (B6-15-21)
… costs, but this amount may not be collected. Estimate savings of $2.5 million from employee participation in an … The County’s proposed 2015 budget exceeds the tax levy limit. Key Recommendations Develop and implement a formal … to cover revenue shortfalls that may occur. Monitor salary savings from employee participation in an early retirement …
https://www.osc.ny.gov/local-government/audits/county/2015/11/10/county-rockland-budget-review-b6-15-21Contributing 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 earn …
https://www.osc.ny.gov/retirement/publications/1518/contributing-toward-your-retirementEligibility, the Benefit and Filing – New Career Plan
… benefits at age 62, or may choose early retirement with a reduced benefit between ages 55 and 62. Tier 5 and 6 … The Maximum Benefit For Tier 1 members, the maximum pension portion of your retirement benefit is 75 percent of your FAS. The maximum pension payable to …
https://www.osc.ny.gov/retirement/publications/1515/eligibility-benefit-and-filingDiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… returns. The financial markets have given investors a wild ride the last few years but our investment strategy has … 0.3% *Treasury Inflation-Protected Securities The Fund is the third-largest public pension fund in the country and … The long-term expected rate of return, or benchmark, is 7.5 percent, which is the rate that allows the Fund to …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionDiNapoli: Former State Employee Arrested for Falsely Claiming She Never Received $4K Loan Check from New York State and Local Retirement System
… and the New York State Police. “Shannon Brady tried to scam the New York State and Local Retirement System by lying …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-state-employee-arrested-falsely-claiming-she-never-received-4k-loan-check-new-yorkNYS Common Retirement Fund Reports First Quarter Results
… first quarter of the State Fiscal Year (SFY) 2021-22 was 5.82% for the three-month period ending June 30, 2021, … absolute return strategies and opportunistic alternatives (5.19%). DiNapoli initiated quarterly investment performance …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsDiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… Employer contribution rates are determined by investment results over a multi-year period along with numerous other … Integral to the Fund’s strength have been the state and local governments, which consistently pay their … System on behalf of more than one million state and local government employees and retirees and their beneficiaries. It …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24DiNapoli Orders Divestment of Russia Holdings
… New York State Comptroller Thomas P. DiNapoli, sole trustee of the New York State Common Retirement Fund (Fund), today announced that he has directed divestment from Russian companies and continued his prohibition of any …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-orders-divestment-russia-holdingsNYS Common Retirement Fund Reports Second Quarter Results
… to manage investments with prudence and a focus on long term stability and risk management that has positioned …
https://www.osc.ny.gov/press/releases/2021/11/nys-common-retirement-fund-reports-second-quarter-resultsOverview – Contribution Stabilization Program
… Program (CSP) is an optional program that allows you to pay a portion of your annual pension contributions to … a portion of their invoice as rates increase or they may have to make an additional graded payment as rates decrease. … are eligible to amortize. If you are eligible, you can opt into the program now or in the future by submitting a …
https://www.osc.ny.gov/retirement/employers/csp/overviewContract Advisory No. 24
… Subject: Early Pay Discounts for Procurement Contract Purchases Guidance: As … for Procurement Contract Purchases XII.4.F - Proper Invoice XII.5.F.4 - Selecting the Appropriate Payment Terms …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/24-early-pay-discounts-procurement-contract-purchasesMatter of Merton Simpson v. Department of Civil Service
… Simpson et al. v. Department of Civil Service et al. List of individuals owed a monetary award Settled in 2011, … claimed their awards are listed here . If you’re on the list, contact Attorney General’s Litigation Bureau at (518) …
https://www.osc.ny.gov/unclaimed-funds/claimants/matter-merton-simpson-v-department-civil-serviceTier 1 Death Benefits – Police and Fire Plan
… Death Benefit If you die while in service after age 55, an alternative death benefit may be payable. This …
https://www.osc.ny.gov/retirement/publications/1512/tier-1-death-benefits