Search
DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… in publicly traded equities. The remaining Fund assets by allocation are invested in cash, bonds, and mortgages … 5.9%. DiNapoli initiated quarterly performance reporting by the Fund in 2009 as part of his on-going efforts to increase accountability and transparency. …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterNYS Common Retirement Fund Announces Third Quarter Results
… robust third quarter that saw continued strong performance in domestic and developed international equities markets," … The Fund has 37.6 percent of its assets invested in publicly traded domestic equities and 17.1 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsState Comptroller DiNapoli Releases Municipal Audits
… five years, and the water fund had an operating deficit in 2019. In addition, village officials did not develop a fund balance … Municipal Law’s financial filing and audit requirements. In addition, for seven consecutive years, an annual update …
https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-releases-municipal-audits-0State Agencies Bulletin No. 1220
… To inform agencies of the content information for the 2012 Form W-2. Background According to IRS Publication 15, Circular E for 2012, and the Instructions for Form W-2 (Wage and Tax Statement), employers are required to furnish each employee with a Form W-2 by January 31, 2013. 2012 Form W-2 Content 2012 Form …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1220-form-w-2-wage-and-tax-statement-calendar-year-2012State Agencies Bulletin No. 919
… Date(s) August 19, 2009 Background Recent changes in tax regulations require that military stipend payments be … and Medicare taxes. Payroll Bulletin No. 914 (Change in Taxation of Military Stipend) explained the regulation and … employees beginning or ending military stipend beginning in Pay Periods 9L and 10L. When an employee receives both …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/919-taxation-retroactive-raise-payments-employees-receiving-military-stipendState Agencies Bulletin No. 1118
… To inform agencies of the content information for the 2011 Form W-2. Affected Employees According to IRS Publication 15, Circular E for 2011, and the Instructions for Form W-2 (Wage and Tax Statement), employers are required to furnish each employee with a Form W-2 by January 31, 2012. Effective Date(s) 2011 Form …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1118-form-w-2-wage-and-tax-statement-calendar-year-2011State Agencies Bulletin No. 2048
… with one or more uncashed payroll checks originally issued in calendar year 2021 are affected. Background Abandoned … with a 2021 uncashed payroll check greater than $19.99 in September of 2022. A second outreach letter will be sent … with a 2021 uncashed payroll check greater than $999.99 in October of 2022. Signed outreach letters that are returned …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2048-outreach-and-escheatment-2021-uncashed-payroll-checksOpinion 92-41
… St Comp, 1961, p 252; cf . Wells v Town of Salina , 119 NY 280). We are not aware of any statute which expressly … be free from doubt' ( Saltser& Weinsier v McGoldrick , 205 NY 499 at 506; see Lawrence Const. Corporation v State , 293 …
https://www.osc.ny.gov/legal-opinions/opinion-92-41Selected Aspects of Toll Collections
… laws and regulations to assess and collect toll revenues for use of the Thruway. In November 2020, the Authority … to reduce congestion, improve traffic flow, and allow for non-stop travel on the Thruway. The Authority contracts with third-party vendors for cashless tolling, invoicing, and receivables collection. …
https://www.osc.ny.gov/state-agencies/audits/2023/05/26/selected-aspects-toll-collectionsState Agencies Bulletin No. 1194
… Fringe Benefits are taxable income that must be included in the employee’s taxable gross wages.This income is … Regulations. Agencies should have an established process in place requiring employees to substantiate their business … to be for personal use, and the value must be included in the employee’s income. Personal use of an employer …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1194-reporting-taxable-value-personal-use-employer-provided-vehicles-andDiNapoli: MTA Must Prioritize Safety and Service to Win Riders Back
… was well over 125 million riders a month and currently is hovering around 60 to 70% of pre-pandemic levels on … Despite concerns over personal safety, the subway system is, by and large, a safe place. However, the crime rate has … been gradually declining as riders have returned. The MTA is hopeful that new subway cars replacing the 50-year old …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-mta-must-prioritize-safety-and-service-win-riders-backState Agencies Bulletin No. 2428
… inform agencies of OSC’s automatic processing of the April 2026 PEF Performance Advances and provide instructions for payments not processed … 190 of the Laws of 2023, which implemented the 2023-2026 Agreement between the State of New York and PEF, … inform agencies of OSCs automatic processing of the April 2026 PEF Performance Advances and provide instructions for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2428-april-2026-public-employees-federation-pef-performance-advancesOpinion 91-8
… Duties (execution of fire district bonds and payment of principal and interest on bonds) GENERAL MUNICIPAL LAW, … the district's bonds and issuing checks for the payment of principal and interest, and has no other powers and duties … execute the bonds, and to issue checks for the payment of principal and interest, but has no other powers or duties …
https://www.osc.ny.gov/legal-opinions/opinion-91-8Unified Court System Bulletin No. UCS-335.1
… processed automatically. Affected Employees: Employees in the following bargaining units who meet the eligibility … also include the April 1, 2024, Salary Schedule. In addition, the April 04, 2024 Memorandum signed by Chief … a salary increase of 3.75% for unrepresented employees in ungraded positions (NS Grade 560). Section 9 of Chapter 01 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-3351-april-2024-state-new-york-unified-court-system-ucs-salaryUnified Court System Bulletin No. UCS-318
… Payment (JLP) Increase. Affected Employees Employees in the following bargaining units who meet the eligibility … (CSEA – BU 87), which provides for a retroactive increase in Judicial Longevity Payments (Earnings Code JLP) effective … CSEA Agreement is reached, the negotiated changes detailed in the Labor Relations Memorandum are extended to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-318-april-2022-unified-court-system-ucs-retroactive-judicialState Agencies Bulletin No. 2395
… not processed automatically. Affected Employees: Employees in the following bargaining units who meet the eligibility … provides for payment of the 2025-2026 Seniority Payment in December 2025 as a one-time, lump sum payment in the amount of $750 for all eligible members. Effective …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2395-new-december-2025-nyscopba-and-council-82-security-seniority-paymentState Agencies Bulletin No. 2429
… inform agencies of OSC’s automatic processing of the April 2026 Security Performance Advances and provide instructions for payments not processed … Chapter 175 of the Laws of 2024 which implements the 2023-2026 Agreement between the State of New York and the NYS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2429-april-2026-security-performance-advancesOther Bulletin No. 72
… Employees: Employees designated management or confidential in bargaining unit 96 who meet the eligibility criteria are … Increase: Employees with a Pay Basis Code of ANN who are in an NS position (Grade 600) Employees with a Pay Basis Code of ANN who are in an NS position (Grade 600) which is equated to a grade …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-72-april-2023-state-university-construction-fund-scfOther Bulletin No. 84
… Requests page to correct the information on the Job Data row(s). If the row(s) is corrected prior to Administration Pay Period 5L, … payment effective date, OSC will automatically insert a row on the employee’s Job Data page using the Action/Reason …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-84-april-2025-state-university-construction-fund-scfOpinion 92-27
… also Diehl v Sheehan , 233 AD 258, 251 NYS 254 affd 258 NY 624; Sacks v Neptune Meter Co. , 144 Misc 70, 258 NYS 254 … with constitutional equal protection guarantees (NY Const, art 1, §11; Federal Constitution, 14th amendment; … 29, 1992 William Reemtsen, City Administrator City of Batavia …
https://www.osc.ny.gov/legal-opinions/opinion-92-27