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Establishing the Standard Work Day – Legacy Reporting
… you must first establish, by board resolution or contract, the number of hours that constitute a standard work day (SWD) … through Retirement Online including their earnings the number of days they worked and more …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/establishing-standard-work-dayPerformance Incentive Program
… Purpose To determine whether the Rochester-Genesee Regional … Performance Incentive Program uses reasonable criteria to measure employee performance and whether incentive awards … To determine whether the RochesterGenesee Regional …
https://www.osc.ny.gov/state-agencies/audits/2015/02/27/performance-incentive-programDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… New York State’s Environmental Facilities Corporation (EFC) has provided financing for over 2,000 … Thomas P. DiNapoli. “The Environmental Facilities Corporation serves a critical role in financing improvements … to ensure the success of these programs continues.” EFC is a public benefit corporation that provides financing …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli Statement on the MTA's July Financial Plan
… that it must somehow bridge a looming fiscal canyon of more than $2 billion annually and plan for long-term … long-term budgetary imbalance. “Ridership as a percentage of pre-pandemic ridership is now forecasted to be 61% this … current projections could become even worse as the threat of a recession looms. The growing disparity between revenues …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-statement-mtas-july-financial-planDiNapoli: New York City's Tech Sector Is Booming
… New York state's technology sector is the third largest and among the fastest growing in the nation, adding more than 57,000 … New York states technology sector is the third largest and among the fastest growing in the nation …
https://www.osc.ny.gov/press/releases/2017/09/dinapoli-new-york-citys-tech-sector-boomingDiNapoli: New York's Labor Force Decreased Sharply During the Pandemic and Remains Below Pre-Pandemic Peak
… New York’s labor force is one of the nation’s largest, but it decreased by 1% between 2011 … Tier (-12.6%) and the North Country (-10.2%). New York was one of the first states impacted by COVID-19 and had a … New Yorks labor force is one of the nations largest but it decreased by 1 between 2011 …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-yorks-labor-force-decreased-sharply-during-pandemic-and-remains-below-pre-pandemic-peakMedicaid Program – Provider Compliance With the Electronic Visit Verification Program
… of Health (DOH) administers the Medicaid program. In accordance with the federal 21st Century Cures Act (Cures … (EVV) program for all Medicaid personal care (PC) services in January 2021 and home health care (HHC) services in January 2023. EVV systems must capture the provider, …
https://www.osc.ny.gov/state-agencies/audits/2024/11/13/medicaid-program-provider-compliance-electronic-visit-verification-programNew York City Budget Balanced But Economic Risks Have Grown
… released today by State Comptroller Thomas P. DiNapoli. The surplus was generated by higher than expected revenues, … the threats on the horizon. The city should also step up its efforts to identify savings opportunities to help … challenges, which could require additional support from the city. Read the report , or go to: …
https://www.osc.ny.gov/press/releases/2019/08/new-york-city-budget-balanced-economic-risks-have-grownDiNapoli Releases Report on Nonprofit Industry
… 1.3 million jobs to New Yorkers, just over 1 in 6 private sector jobs in the state. While the number of nonprofits … nonprofit organizations in the U.S., 3.1% of all private sector establishments. With 33,536, nearly 1 in 10 of these … were located in New York, comprising 5% of the private sector statewide. Nonprofits provided 12.8 million jobs …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-releases-report-nonprofit-industryThe Retail Sector in New York City: Recent Trends and the Impact of COVID-19
… one of the world’s premier shopping destinations, topping “best of” lists and drawing visitors from across the globe. …
https://www.osc.ny.gov/reports/osdc/retail-sector-new-york-city-recent-trends-and-impact-covid-19NYS Common Retirement Fund Announces First Quarter Results
… international public equities. The remaining Fund assets by allocation are invested in cash, bonds and mortgages (26.7 … DiNapoli initiated quarterly performance reporting by the Fund in 2009 as part of his on-going efforts to … and transparency. A recent independent audit by Funston Advisory Services (FAS) determined the Fund was …
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsMember Contributions
… toward their retirement. Whether a member contributes, and how much, depends on their tier . However, exceptions may … is higher than you expected, this could be the reason. How Tier 6 Contribution Rates are Calculated A new Tier 6 … the Police and Fire Retirement System PFRS contribute and how much depends on their retirement system and tier …
https://www.osc.ny.gov/retirement/employers/member-contributionsDiNapoli: State Tax Receipts Higher Than Updated Projections Through the First Half of the Year
… (SFY) 2023-24, $1.7 billion higher than estimates released in the Division of the Budget’s (DOB) July Update to the … Thomas P. DiNapoli. “The economy exhibited resilience in the first half of the year,” DiNapoli said. “Continued job … PIT receipts were $7.2 billion lower than the same period in SFY 2022-23, reflecting, in part, this year’s financial …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-state-tax-receipts-higher-updated-projections-through-first-half-year30% New York State Initiative
… and Markets is adequately administering the 30% New York State Initiative to ensure that New York State food products are provided to children as part of their lunch meal … Agriculture and Markets is adequately administering the 30 New York State Initiative to ensure that New York State food …
https://www.osc.ny.gov/state-agencies/audits/2025/10/16/30-new-york-state-initiativeDiNapoli: NYC’s Restaurant, Retail and Recreation Sectors Continue to Struggle During Pandemic
… restaurant, retail and recreation (RRR) sectors continued to struggle during the COVID-19 pandemic, even before the … fewer jobs in November than from two years ago, according to a report released today by State Comptroller Thomas P. … those in disadvantaged communities, are likely to need continued support, especially in light of the recent …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-nycs-restaurant-retail-and-recreation-sectors-continue-struggle-during-pandemicIX.5 Federal Billing & Invoicing – IX. Federal Grants
… process is initiated. To allow the state to take advantage of discounts on payments to vendors under the Procure to Pay … systematically until such time that the payment date of the voucher has been reached. For additional CMIA … see Section 12 - Cash Management Improvement Act (CMIA) of this Chapter. Billing for Federal grant drawdown is set up …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix5-federal-billing-invoicingMount Vernon City School District – Procurement of Natural Gas (2019M-91)
… procured natural gas at the most favorable terms and in the best interest of District taxpayers. Key Findings The … Board and District officials did not procure natural gas in accordance with New York State General Municipal Law (GML), at the most favorable terms or in the best interest of District taxpayers. The Board and …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/15/mount-vernon-city-school-district-procurement-natural-gas-2019m-91DiNapoli: Better Oversight Needed for Youth Jobs Programs
… goal is to encourage companies to hire young people in need of employment, but better oversight and verification … ensure the program’s success." The program was established in 2011 to provide tax credits to eligible employers when … hire unemployed or disadvantaged youth aged 16-24 who live in certain areas in New York state. The program is focused on …
https://www.osc.ny.gov/press/releases/2019/01/dinapoli-better-oversight-needed-youth-jobs-programsLife Changes: What If I Work After Retirement?
… 30, 2027 (May 2025 legislation extended the date from 2025 to 2027). This earnings limit suspension does not apply to retirees who work for a college, university or charter … the age of 65, the $35,000 limit is in effect and applies to the entire calendar year in 2025 . A Message from …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-work-after-retirementThe Tourism Industry in New York City
… Car Rental 80% 532120 Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing 80% 561510 … 100% 721199 All Other Traveler Accommodation 100% 721211 RV (Recreational Vehicle) Parks and Campgrounds 100% 721214 …
https://www.osc.ny.gov/reports/osdc/tourism-industry-new-york-city