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Lump Sum Payments – Enhanced Reporting
… using the appropriate earnings code . The following types of payments may be made as a lump sum: Buy back Settlement … appropriate payments and adjustments. ** For a definition of overtime, visit the Overtime Compensation page. For information about overtime limits for members of Tiers 5 and 6, visit the Overtime Limits page . *** For …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/lump-sum-paymentsOvertime Compensation – Enhanced Reporting
… For compensation to be classified as “overtime,” it must be paid for additional hours worked beyond one's regular schedule and … must be at a greater rate than one's regular rate of pay. For example: Overtime paid at time and a half, double time or … Overtime pay is pay for additional hours worked beyond regular scheduled hours …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/overtime-compensationXII.6.A.A Using the Real Estate Module to Pay Lease Vouchers – XII. Expenditures
… Estate assets and leases. This section provides New York State Business Units with information on scheduling the creation of vouchers in the Accounts … on how to sign up for electronic payments ( http://www.osc.state.ny.us/vendors/ePayments.htm ). For additional …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6aa-using-real-estate-module-pay-lease-vouchersCompliance With Jonathan’s Law (Follow-Up) (2020-F-26) 30-Day Response
To assess the extent of implementation of the three recommendations included in our initial audit report, Compliance With Jonathan’s Law (Report 2017-S-67).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2021-20f26-response.pdfWhat Tier Are You In?
… to a tier based on your date of membership. To find out what tier you are in, sign in to Retirement Online and look under 'My Account …
https://www.osc.ny.gov/retirement/members/what-tier-are-youeBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… proposal they filed at eBay Inc. after the company agreed to revise its Governance Guidelines to include gender and racial diversity among the qualities … just one woman on its board, lagged its peers when it came to board diversity and had no stated policy that it made …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… DiNapoli said. “Through solid investment returns, prudent management and a diverse portfolio we have kept the state … 2017 data, with New York ranked fourth behind Wisconsin, South Dakota and Tennessee. The state pension fund’s average rate …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredApproved State Contracts and Payments
… In September, the Office of the State Comptroller approved … to Finger Lakes Land Trust Inc. to purchase forest land in Sempronius, Cayuga County. Office of Parks Recreation & … and site reconstruction at Roberto Clemente State Park in the Bronx. $4.1 million with Thomas Novelli Contracting …
https://www.osc.ny.gov/press/releases/2017/10/approved-state-contracts-and-paymentsLife Changes: What If I Work After Retirement?
… earnings limit suspension does not apply to retirees who work for a college, university or charter school. For most … considering working after retirement. NYSLRS retirees can work after retirement and still receive a pension. However, … Retirement System (PFRS). New York State Retirement and Social Security Law (RSSL) regulates post-retirement …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-work-after-retirementAmazon Shareholders Urged To Support Audit of Company’s Policies on Racial Inclusion
… the New York State Common Retirement Fund (Fund) to fellow Amazon shareholders in advance of the company’s annual … company’s business. The Fund’s statement also encourages Amazon shareholders to vote against the members of the … in response to the lack of racially diverse directors on Amazon’s board. “Amazon says it supports the fight against …
https://www.osc.ny.gov/press/releases/2021/05/amazon-shareholders-urged-support-audit-companys-policies-racial-inclusionDiNapoli: Local Tax Cap Will Be Two Percent in 2022
… federal financial assistance. At the same time, the risk of inflationary cost increases and the need for investments … in 2012, limits annual tax levy increases to the lesser of the rate of inflation or 2% with certain exceptions, including a …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-tax-cap-will-be-two-percent-2022Rush Fire District – Internal Controls Over Financial Operations (2013M-255)
… Purpose of Audit The purpose of our audit was to determine whether the Board provided proper oversight of District operations … The purpose of our audit was to determine whether the Board provided proper oversight of District operations …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/15/rush-fire-district-internal-controls-over-financial-operations-2013m-255DiNapoli: New Yorkers Could Lose $72B in Reported State and Local Tax Deductions Under Trump Plan
… to lose more than $72 billion in reported deductions for income and property taxes if proposals to change the federal tax code are implemented, according to a report issued today … the number of tax brackets, but doesn't specify the income levels at which such brackets would apply. The …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-new-yorkers-could-lose-72b-reported-state-and-local-tax-deductions-under-trump-planDiNapoli: NYC Projects $3 Billion Surplus for 2015, Balanced Budget Next Year
… New York City is projecting a surplus of $3 billion for fiscal year (FY) … Comptroller Thomas P. DiNapoli. “New York City’s budget is balanced for next year and the out-year budget gaps appear manageable,” DiNapoli said. “The city’s economy is strong and shows no signs of slowing. Still, Mayor de …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-nyc-projects-3-billion-surplus-2015-balanced-budget-next-yearDiNapoli and Schneiderman Announce Guilty Plea in $110,000 Health Contract Theft
… from the state. “Mr. Dunkel stole more than $110,000 in public funds earmarked to promote the immunization of … prosecuted over 50 individuals in public corruption cases since 2011, including a sitting state senator, a … II (AAP-II), pleaded guilty to one count of offering a false instrument for filing in the first degree, a Class E …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-and-schneiderman-announce-guilty-plea-110000-health-contract-theftDiNapoli: Fiscal Stress Down Slightly in Villages
… State Comptroller Thomas P. DiNapoli’s Fiscal Stress … stress has decreased and remains low across much of the state,” said DiNapoli. “Local officials, however, must remain … the highest stress category. Of the 548 villages in the state, ten have a Dec. 31 fiscal year end date and are not …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-fiscal-stress-down-slightly-villagesState Medicaid Bought Erectile Dysfunction Drugs for Sex Offenders
… The state’s Medicaid program paid more than $60,000 for sexual and erectile dysfunction (ED) drugs and treatments for 47 sex offenders, according to an audit released today by … In total, Medicaid made more than $930,000 in payments for ED drugs and treatments for recipients, including sex …
https://www.osc.ny.gov/press/releases/2019/06/state-medicaid-bought-erectile-dysfunction-drugs-sex-offendersThe Survivor’s Benefit Program for New York State Employees
… death benefit. You may change your beneficiary designation with your retirement system. NYSLRS members can sign in to … or need more information, we’re glad to help. Email : secure contact form ; Call : 866-805-0990; or Write : NYSLRS …
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-nys-employeesDiNapoli Announces State Contract & Payment Actions for July 2014
… - Hurricanes Irene and Lee Hazard Mitigation $17.8 million in grants to 16 municipalities, including the town of Conklin … $894,000 contract with Swank Motion Pictures Inc. for a public performance license to show motion pictures at … spending and nearly 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-announces-state-contract-payment-actions-july-2014DiNapoli Announces State Contract & Payment Actions for November 2014
… nearly 1.2 million payments worth nearly $8.9 billion in November. His office also rejected 166 contracts and … Grants to seven recipients including Yonkers Partners in Education, New York City Outward Bound Center and Harlem … County. Division of Criminal Justice Services $5.2 million in grants to crime labs and crime analysis centers statewide. …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-announces-state-contract-payment-actions-november-2014