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State Agencies Bulletin No. 1480
… unable to print checks for employee Direct Deposit Returns and Reversals during the SFS blackout period. Affected … April 12, 2016) OSC Actions OSC will continue to receive and process direct deposit returns from financial … the SFS blackout period ends. OSC will continue to receive and process direct deposit reversals to and from financial …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1480-direct-deposit-returns-and-reversals-during-statewide-financial-systemState Agencies Bulletin No. 1421
… will prepare all transactions to be submitted to SFS for check printing when SFS becomes available. Therefore, … the receiving financial institution will not receive a check to replace the returned direct deposit until … from the financial institution to be submitted to SFS for check printing when SFS becomes available. Therefore, the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1421-direct-deposit-returns-and-reversals-during-statewide-financial-systemState Agencies Bulletin No. 1553
… blackout period ends. AC-230s to reverse the overpayment in PayServ will continue to be received and audited by OSC. … AC-230s will not be processed to reverse the paycheck in PayServ until the corresponding direct deposit reversal … out period, ensure the employee’s Direct Deposit Table in PayServ is updated immediately. Questions Questions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1553-direct-deposit-returns-and-reversals-during-statewide-financial-systemState Agencies Bulletin No. 1386
… a direct deposit account change or closure during the SFS black out period, ensure the employee’s Direct Deposit Table …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1386-direct-deposit-returns-and-reversals-during-statewide-financial-systemDiNapoli: Former Pulaski Assistant Village Clerk Charged in Theft of Fees
… including the "weekend loans" she took and repaid with a friend’s check on Mondays, according to State Comptroller … personal ATM," said State Comptroller Thomas P. DiNapoli. "I thank District Attorney Oakes and Pulaski Police Chief … partnership in fighting public corruption and theft. I am pleased that we are working together, along with the …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-former-pulaski-assistant-village-clerk-charged-theft-feesState Agencies Bulletin No. 1646
… a direct deposit account change or closure during the SFS black out period, ensure the employee’s Direct Deposit Table …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1646-direct-deposit-returns-and-reversals-during-statewide-financial-systemExamination of Superstorm Sandy Expenses
… a series of examinations of Agency responses to Superstorm Sandy Sandy we sought to determine if the Division of …
https://www.osc.ny.gov/state-agencies/audits/2014/03/21/examination-superstorm-sandy-expensesState Agencies Bulletin No. 2240
… must be suspended while an employee is receiving paid Workers’ Compensation benefits. Workers’ Compensation-related benefits include the statutory Workers’ Compensation benefit and any supplemental payments … must be suspended while an employee is receiving paid Workers Compensation benefits Workers Compensationrelated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2240-suspension-403b-tax-sheltered-annuity-plans-employees-workersState Agencies Bulletin No. 2161
… Purpose: The purpose of this bulletin is to inform agencies of the New Locked Query (LQ_TAX_NEW_W4_REQUIRED) to help them identify employees who require a new Form W-4, Employee’s Withholding Certificate. Affected … The purpose of this bulletin is to inform agencies of the New Locked Query LQTAXNEWW4REQUIRED …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2161-locked-query-identify-employees-who-require-new-form-w-4-employeesXV.4 Overview – XV. End of Year
… For current End of Fiscal Year (FYE) deadlines and notices, please visit the Agency Calendar . State Agencies will not have the ability to … the FYE blackout period. Please visit the Agency Calendar for the projected FYE blackout period dates. All vouchers, … For current End of Fiscal Year FYE deadlines and notices …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv4-overviewXIV.3.B Short Term Investment Pool (STIP) – XIV. Special Procedures
… the State Finance Law, the State Comptroller shall invest and keep invested all moneys belonging to any and all funds of the State. The Short Term Investment Pool … for separate accounting for individual fund receipts and disbursements AND the pooling of cash assets of the funds …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3b-short-term-investment-pool-stipDiNapoli: Ontario County Resident Pleads Guilty to Stealing Funds From New York State Retirement System
… of the New York State pension system by stealing from a friend after his death. Now, she is being held accountable for her actions. I am committed to safeguarding the New York State and Local …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-ontario-county-resident-pleads-guilty-stealing-funds-new-york-state-retirement-systemService Credit Purchase Payments – Legacy Reporting
… spread over a period of time equal to or less than the number of months they are purchasing. For example, if the … through Retirement Online including their earnings the number of days they worked and more …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/service-credit-purchase-paymentsState Agencies Bulletin No. 1814
… PFRS (7W), and ERS (7Y). Background On March 16, 2012, the Governor signed legislation creating a new Tier 6 that … the law, wages in excess of the annual salary paid to the Governor, pursuant to section three of article four of the … retirement plans, the annual compensation limit for the Governor under Section 401(a), 404(I), 408 (k) (3) (C), and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1814-maximum-salary-contribution-limit-tier-6-members-following-new-yorkCompliance With Executive Order 88 – Energy Efficiency in State Buildings
… feet by December 31, 2016, as required. Furthermore, only 6 of 159 total planned submeters were connected to a …
https://www.osc.ny.gov/state-agencies/audits/2020/01/30/compliance-executive-order-88-energy-efficiency-state-buildingsIRS Pension Limitation – Special 20- and 25-Year Plans
… 401(a)(17) limits the amount of earnings that qualified pension plans, including PFRS, may use to calculate benefits. … earnings over $345,000 from April 1, 2024 – March 31, 2025. The amount is set by federal law and is periodically …
https://www.osc.ny.gov/retirement/publications/1517/irs-pension-limitationIRS Pension Limitation – State Police Plan
… Internal Revenue Code Section 401(a)(17) limits the amount of earnings that qualified pension plans, including PFRS, may …
https://www.osc.ny.gov/retirement/publications/1518/irs-pension-limitationOut-of-Service Death Benefit – New Career Plan
… die more than one year after leaving public employment, 50 percent of the death benefit may still be payable. This …
https://www.osc.ny.gov/retirement/publications/1515/out-service-death-benefitOut-of-Service Death Benefit – Career Plan
… If you are a vested member with at least ten years of credited service, have not …
https://www.osc.ny.gov/retirement/publications/1642/out-service-death-benefitOut-of-Service Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… service, have not retired, and you die more than one year after leaving public employment, 50 percent of the death …
https://www.osc.ny.gov/retirement/publications/1513/out-service-death-benefit