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Alternate Contribution Stabilization Program
… paying early. Graded payments will first be used to pay off existing amortizations. If all amortizations have been … payment schedule. You can save on interest costs by paying off amortizations ahead of schedule. To calculate a payoff … decrease by only 0.5 percent. More of the savings from the drop in rates will be used to pay off earlier deferrals. If …
https://www.osc.ny.gov/retirement/employers/alternate-contribution-stabilization-programFormer Village of Candor Mayor Sentenced to Jail Time for Stealing Village Funds
… that former Village of Candor Mayor Eric Halstead was sentenced to 60 days in jail for his theft of $23,000 in village funds. “Halstead was … degree in January 2025 and paid full restitution. He was sentenced before Judge Adam R. Schumacher in Tioga County … that former Village of Candor Mayor Eric Halstead was sentenced to 60 days in jail for his theft of $23000 in …
https://www.osc.ny.gov/press/releases/2025/04/former-village-candor-mayor-sentenced-jail-time-stealing-village-fundsNew York State Comptroller DiNapoli Receives Prestigious Award From National Italian American Organization
… 59th national convention on Saturday. “I am truly honored to receive the Guglielmo Marconi Award. I was raised by … Comptroller of the State of New York, the first Italian American to serve in this position in the state's history. He … Paduli in the Benevento Province. He was named an Honorary Citizen of Paduli and Cavaliere by the Italian Republic. …
https://www.osc.ny.gov/press/releases/2025/08/new-york-state-comptroller-dinapoli-receives-prestigious-award-national-italian-american-organizationDiNapoli Urges New Yorkers to Spend Holiday Gift Cards
… State Comptroller Thomas P. DiNapoli is urging New Yorkers to make sure they spend any gift cards they received this … Unused gift card balances can eventually be turned over to his Office of Unclaimed Funds (OUF), which took in a … by our Office of Unclaimed Funds. My office is working to get these funds back in the hands of their rightful …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-urges-new-yorkers-spend-holiday-gift-cardsState Comptroller Thomas P. DiNapoli Statement on State Budget Negotiations
… and bolsters reserves to ensure the sustainability of services. The final budget should also meet high standards of transparency, and I urge lawmakers to reject the proposed … bidding requirements and oversight by my office of nearly $13 billion in spending.” Background on State …
https://www.osc.ny.gov/press/releases/2023/03/state-comptroller-thomas-p-dinapoli-statement-state-budget-negotiationsDiNapoli and Diaz Help Bronx Residents Claim $245 Million in Lost Money
… President Ruben Diaz Jr. will help raise awareness about unclaimed funds across the borough. It’s your money, come and get it. … Bronx residents to make the effort to track down their unclaimed money from the more than $244 million in unclaimed …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-and-diaz-help-bronx-residents-claim-245-million-lost-moneyReceiving Your Benefit and Filing Your Pension Payment Option Election – Special 20- and 25-Year Plans
… their pension using the benefit calculator in Retirement Online . The calculator uses your salary and service credit … it. Sign in to your Retirement Online account , go to the ‘My Account Summary’ area of your Account Homepage and click the “Estimate my Pension Benefit” button. Members in certain circumstances …
https://www.osc.ny.gov/retirement/publications/1517/receiving-your-benefit-and-filing-your-pension-payment-option-electionReceiving Your Benefit and Filing Your Pension Payment Option Election – State Police Plan
… their pension using the benefit calculator in Retirement Online . The calculator uses your salary and service credit … it. Sign in to your Retirement Online account , go to the ‘My Account Summary’ area of your Account Homepage and click the “Estimate my Pension Benefit” button. Members in certain circumstances …
https://www.osc.ny.gov/retirement/publications/1518/receiving-your-benefit-and-filing-your-pension-payment-option-electionDiNapoli: MTA Financial Outlook in Precarious Balance
… needs to address before emergency federal funds dry up in 2025. After that, the MTA faces enormous budget shortfalls … more than $1 billion of deficit financing, a dangerous practice of long-term borrowing to pay for short term needs … funding, timely implementation of the congestion pricing program could bring more riders and funding to the system and …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-mta-financial-outlook-precarious-balanceEdmeston Central School District - Fund Balance (2020M-1)
Determine whether the Board and District officials effectively managed fund balance.
https://www.osc.ny.gov/files/local-government/audits/pdf/edmeston-2020-01.pdfTown of Canandaigua – Fund Balance, Water Operations and Information Technology (2017M-109)
… Purpose of Audit The purpose of our audit was to evaluate the Town’s financial management, oversight of water district financial operations and IT controls for … Town of Canandaigua Fund Balance Water Operations and Information …
https://www.osc.ny.gov/local-government/audits/town/2017/09/29/town-canandaigua-fund-balance-water-operations-and-information-technology-2017m-109Brentwood Union Free School District – Fund Balance and Hiring Practices (2016M-251)
… not provide Board resolutions establishing five reserve funds totaling $36 million, could not provide a clear purpose … to fund District operations. Ensure that all reserve funds are properly established by resolution, which should …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/22/brentwood-union-free-school-district-fund-balance-and-hiring-practicesAfton Central School District –Management of Fund Balance and Reserves (2016M-134)
… our audit was to assess District officials’ management of fund balance and reserves for the period July 1, 2014 through … approximately $15.2 million. Key Findings The unrestricted fund balance has been well over the statutory limit for the … liabilities. Key Recommendations Ensure that unrestricted fund balance remains in compliance with the statutory limit. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/15/afton-central-school-district-management-fund-balance-and-reserves-2016mMadison Central School District - Reserves and Debt Service Fund (2019M-63)
… fund policy. Three reserve funds totaling $1.3 million as of June 30, 2018, were overfunded. The approximately $1 …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/07/madison-central-school-district-reserves-and-debt-service-fund-2019m-63Norwich City School District - Fund Balance Management (2018M-198)
… balance as a financing source. Discontinue the practice of appropriating fund balance that is unavailable. Maintain …
https://www.osc.ny.gov/local-government/audits/school-district/2018/11/30/norwich-city-school-district-fund-balance-management-2018m-198Fallsburg Central School District - Fund Balance Management (2020M-12)
… Board and District officials effectively managed general fund balance. Key Findings The Board overestimated … 2018-19, resulting in over $5 million in appropriated fund balance not being used to finance operations. After adding back unused appropriated fund balances each year, the District’s recalculated surplus …
https://www.osc.ny.gov/local-government/audits/school-district/2020/05/08/fallsburg-central-school-district-fund-balance-management-2020m-12DiNapoli: OCFS Should Improve Foster Care Placement Oversight
… and families. The audit covered the period from April 1, 2012 through March 22, 2017. Auditors used foster care … Identify and implement strategies to improve county and VA compliance with requirements for the certification and …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-ocfs-should-improve-foster-care-placement-oversightNew York State Comptroller Thomas P. DiNapoli Statement on the Passing of Vincent Graber
Former Assemblyman Vincent Graber was a dedicated public servant who garnered great respect from his colleagues on both sides of the aisle
https://www.osc.ny.gov/press/releases/2014/07/new-york-state-comptroller-thomas-p-dinapoli-statement-passing-vincent-graberUnified Court System Bulletin No. UCS-166
… Earnings Time Entry earnings codes that are calculated by the payroll system based on an employee’s salary rate and … check is not sufficient to recover the amount determined by the system, the system will take the entire check. Note: … who have worked in more than one agency and have been paid by all agencies using the same Employee Record Number since …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-166-unified-court-system-ucs-salary-restorationsEligibility Requirements – World Trade Center Presumption
… examination upon entry into public service, which did not show a qualifying condition. If you were not required to take … Trade Center Notice (RS6047-N) on or before September 11, 2026. To preserve your right to file at some time in the … Trade Center Notice (RS6047-N) on or before September 11, 2026. …
https://www.osc.ny.gov/retirement/publications/world-trade-center/eligibility-requirements