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Avoiding a Rejected DRO – Divorce and Your Benefits
… NYSLRS, as a governmental plan, has discretion to reject a DRO. Orders that are vague, contain inconsistent or … Code (IRC) must be deleted from any proposed or final DRO. Assignment — NYSLRS members are prohibited from … Elections — If a member is already retired at the time a DRO is submitted to NYSLRS and the member’s pension payment …
https://www.osc.ny.gov/retirement/members/divorce/avoiding-rejected-droDiNapoli: Independent Review Finds State Pension Fund Operates at Highest Ethical and Professional Standards
… An independent fiduciary and conflict of interest review of the $291.4 billion New … for its exemplary investment oversight, risk management, and ethical governance. Released today by State Comptroller … ethical standards, is in full compliance with fiduciary and statutory requirements, and acts for the sole benefit of …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-independent-review-finds-state-pension-fund-operates-highest-ethical-and-professionalOpinion 94-26
… of article 19-A, the term municipality is defined to mean a city, town or village within New York State (General …
https://www.osc.ny.gov/legal-opinions/opinion-94-26Overview – State Police Plan
… on your years of credited service and your final average earnings (FAE). For members in Tiers 2 and 5, your FAE is the average of your highest three consecutive years of earnings. For Tier 6 members, your FAE is the average of your … right before retirement, but they can be anytime in your career. Your FAE can include, but is not limited to, the …
https://www.osc.ny.gov/retirement/publications/1518/final-average-earnings/overviewPayroll Improvement Project Bulletin No. PIP-014
… the Payroll Retirement mailbox. Please reference Bulletin PIP-014 in the Subject line of the email. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-014-orpvdc-arrears-deductionsDiNapoli Releases Bond Calendar for Second Quarter
… Thomas P. DiNapoli today announced a tentative schedule for the planned bond sales for the state, New York City and their major public … and reofferings as follows: $366 million scheduled for April, of which $37.8 million is for new money and $328.5 … Thomas P DiNapoli today announced a tentative schedule for the planned bond sales for the state …
https://www.osc.ny.gov/press/releases/2020/04/dinapoli-releases-bond-calendar-second-quarterCity of Lockport -- Budget Review (B7-1-14)
… review was to provide an independent evaluation of the City’s proposed budget for 2018. Background Chapter 332 of … 147 of the Laws of 2015 (the “Act”), authorized the City to issue debt to liquidate the accumulated deficits in the City’s general, refuse, water and sewer funds as of December …
https://www.osc.ny.gov/local-government/audits/city/2017/11/01/city-lockport-budget-review-b7-1-14Dutchess County – County Bridge Maintenance (S9-13-5)
… Although the County has not developed a written plan for bridge maintenance and repair, it has taken action in recent years to improve and maintain bridge ratings. We tested the flags issued during the last … structural failure was a potential outcome before the next bridge inspection. The County’s response to these four flags …
https://www.osc.ny.gov/local-government/audits/county/2013/07/19/dutchess-county-county-bridge-maintenance-s9-13-5Greenville Fire District – Capital Reserve (2014M-64)
… five-member Board of Fire Commissioners, is located in the Town of Greenville in Orange County. The District is a district corporation of … were $569,444. Key Findings The District accumulated funds in its capital reserve in excess of the amount originally …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/05/16/greenville-fire-district-capital-reserve-2014m-64Bainbridge-Guilford Central School District – School Lunch Operations (2015M-172)
… The Bainbridge-Guilford Central School District is located in the Towns of Afton, Bainbridge, Coventry, Guilford, Norwich and Oxford in Chenango County; the Town of Sanford in Broome County; the Towns of Masonville and Sidney in …
https://www.osc.ny.gov/local-government/audits/school-district/2017/11/22/bainbridge-guilford-central-school-district-school-lunch-operations-2015mThe Academy Charter School – Board Oversight (2014M-295)
… The purpose of our audit was to examine School operations in relation to the approval of contracts and review of … The Academy Charter School is a public school located in the Town of Hempstead in Nassau County that is not under the control of the local …
https://www.osc.ny.gov/local-government/audits/charter-school/2017/11/22/academy-charter-school-board-oversight-2014m-295Controls Over the Collection of the Public Safety Communications Surcharge
… (Providers) and devices subject to the Public Safety Communications Surcharge (Surcharge) are being identified; if … including the Surcharge, which is imposed on wireless communications services provided to customers whose primary … landline) or otherwise provides access to emergency 911 communications, with the exception of prepaid wireless …
https://www.osc.ny.gov/state-agencies/audits/2017/10/04/controls-over-collection-public-safety-communications-surchargeFishers Island Waste Management District -- Purchasing (2015M-292)
… 1, 2014 through June 30, 2015. Background The Fishers Island Waste Management District is located in the Town of … Fishers Island Waste Management District Purchasing 2015M292 …
https://www.osc.ny.gov/local-government/audits/district/2016/01/29/fishers-island-waste-management-district-purchasing-2015m-292Bayport-Blue Point Union Free School District – Leave Accruals (2015M-202)
… accounted for employee leave accruals for the period July 1, 2013 through March 31, 2015. Background The Bayport-Blue Point Union Free School District is located in the Town of Islip, Suffolk County. The District, which …
https://www.osc.ny.gov/local-government/audits/school-district/2017/11/22/bayport-blue-point-union-free-school-district-leave-accruals-2015m-202Town of Louisville – Water User Charges (2015M-44)
… Purpose of Audit The purpose of our audit was to review the Town’s water user charge activity for the … The purpose of our audit was to review the Towns water user charge activity for the …
https://www.osc.ny.gov/local-government/audits/town/2015/06/05/town-louisville-water-user-charges-2015m-44Town of Boonville – Claims Auditing and Conflict of Interest (2014M-373)
… the claims audit process and to determine if there were any conflicts of interest for the period January 1, 2013 … of interest and that the Town does not enter into any contract in which a Town officer or employee has a … the claims audit process and to determine if there were any conflicts of interest for the period January 1 2013 …
https://www.osc.ny.gov/local-government/audits/town/2015/03/06/town-boonville-claims-auditing-and-conflict-interest-2014m-373Malta Ridge Volunteer Fire Company, Inc. - Controls Over Financial Operations (2014M-178)
… Ridge Volunteer Fire Company Inc. is a not-for-profit organization which is located in the Town of Malta, in …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/09/12/malta-ridge-volunteer-fire-company-inc-controls-over-financialAbout NYSLRS
… The New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in … two distinct systems: The Employees’ Retirement System (ERS), which provides benefits to employees of … officers and sheriffs. The Police and Fire Retirement System (PFRS), which provides benefits for police officers …
https://www.osc.ny.gov/retirement/about-nyslrsCounty of Cortland – Departmental Operations (2013M-157)
… of Audit The purpose of our audit was to examine the County’s departmental financial operations for the period … 1, 2011, through December 12, 2012. Background Cortland County is located in central New York State and has a population of approximately 49,000. The County is governed by an elected Legislature which is …
https://www.osc.ny.gov/local-government/audits/county/2013/08/13/county-cortland-departmental-operations-2013m-157DiNapoli Releases Bond Calendar for Third Quarter
New York State Comptroller Thomas P DiNapoli today announced a tentative schedule for the planned bond sales for the state New York City and major public authorities during the third quarter of 2017
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-releases-bond-calendar-third-quarter