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DiNapoli: NYC’s Tech Boom Partially Offset City's Pandemic Job Losses
… grew, and the number of companies and jobs has soared. For the tech sector’s continued success, the city and state … workforce share of 47%. High Pay: In 2021, the average salary in tech reached $228,620, almost double the average … of the total private sector in New York City. The average salary in tech had the second largest growth in the past five …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nycs-tech-boom-partially-offset-citys-pandemic-job-lossesNew York’s Economy and Finances in the COVID-19 Era (June 3, 2021)
… 2021 Edition Pre-Pandemic Improvements in Employment Rates for People with Disabilities Have Been Derailed by COVID-19 … to 8.2 percent as of April 2021, the most recent date for which data are available. However, for New Yorkers who face unique challenges due to a …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-3-2021Estimated Invoice
… Overview Your estimated invoice is provided in July for informational purposes and approximates your final annual … credit for their unused, unpaid sick leave at retirement. Salary, Rate and Regular Plan Contribution For each … is required to make a graded payment to offset future increases in their graded rate. In this circumstance, your …
https://www.osc.ny.gov/retirement/employers/estimated-invoiceComptroller's Oversight of State Contracts
… money, keep workers idle, and harm not-for-profits. 2025 (Jan-Jun) Results Demonstrate Cost-Effective Oversight …
https://www.osc.ny.gov/state-agencies/contracts/oversightTier 1 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… amount necessary to pay your pension if you had retired on the date of your death. This benefit frequently is larger …
https://www.osc.ny.gov/retirement/publications/1511/tier-1-death-benefitsXI.11.E Retainage – XI. Procurement and Contract Management
… System (SFS) is that there is no retainage remaining on any purchase order associated to the contract (see Section …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11e-retainageData Breach
… – Signed into law on December 22, 2021 as Chapter 796 of the Laws of 2021 – A.7612 (Otis) - Requires the Office of Information Technology Services to notify, within 24 hours …
https://www.osc.ny.gov/legislation/data-breachReporting Forms and Publications
… Reporting Program Extension Request Form Handbook for Reporters of Unclaimed Funds OFAC Blocked Accounts - … Security Delivery Instructions Verification and Checklist for Unclaimed Property (AC 2709) Waiver Request Form … List of forms and publications available for holders of unclaimed funds …
https://www.osc.ny.gov/unclaimed-funds/reporters/reporting-forms-and-publicationsOpinion 96-4
… of proceeds of sale of village property to third party for benefit of village) MUNICIPAL FUNDS -- Budget Procedures … of proceeds of sale of village property to third party for benefit of village) REAL PROPERTY -- Sale (payment of … and "unanticipated revenue losses", and to mitigate tax increases in excess of five percent. In addition, General …
https://www.osc.ny.gov/legal-opinions/opinion-96-4Opinion 91-1
… LOCAL LAWS -- Competitive Bidding (cannot create exception for public work under county contract) -- Preemption … COOPERATION -- Competitive Bidding (cooperative bidding for public work) PUBLIC CONTRACTS -- Purchases Through County or State (exception not applicable to contracts for public work) GENERAL MUNICIPAL LAW, §§103, 119-o; …
https://www.osc.ny.gov/legal-opinions/opinion-91-1Opinion 89-18
… training) TOWN ASSESSOR -- Training (reimbursement for wages lost from regular job) TOWNS -- Powers and Duties … is in dispute. It is well-established that payments of salary which have been made by a municipality in excess of … the officer to agree to repayment through deductions from salary may be limited, to some extent, by public policy …
https://www.osc.ny.gov/legal-opinions/opinion-89-18Town of Grafton – Audit Follow-Up (2013M-113-F)
… an elected five-member Town Board. Budgeted expenditures for 2013 totaled approximately $1.1 million. Results of …
https://www.osc.ny.gov/local-government/audits/town/2016/05/20/town-grafton-audit-follow-2013m-113-fLeaves of Absence – En-Con Police Officers Plan
… half credit for sick leave at half pay. Since service is usually not credited for any period of time you do not receive a salary, credit is not given for: Leaves of absence without pay; Authorized, …
https://www.osc.ny.gov/retirement/publications/1822/leaves-absenceROA Result Calculator – Reporting Elected and Appointed Officials
… the ROA result (average number of days worked per month) for an elected or appointed official. You must list … on a Standard Work Day and Reporting Resolution for Elected and Appointed Officials form (RS2417-A) . If the … official, the RS2417-A form does not need to be completed. For more information about how these results are calculated, …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/roa-result-calculatorIDA Reform
… authorities (IDAs) by requiring standard application forms for requests for financial assistance, uniform criteria for the evaluation and selection for each category of …
https://www.osc.ny.gov/legislation/ida-reformDeath of the Ex-Spouse – Divorce and Your Benefits
… If an ex-spouse dies prior to the member’s retirement, the DRO on file is vacated … will stop payments to the ex-spouse after receiving a copy of the certified death certificate. The ex-spouse’s share of the pension will then be paid to the member, retroactive …
https://www.osc.ny.gov/retirement/members/divorce/death-ex-spouseOpinion 89-40
… in the opinion. FIRE COMMISSIONERS -- Reimbursement for Expenses (loss of wages) VOLUNTEER FIREFIGHTERS -- Reimbursement for Expenses (loss of wages) WORDS AND PHRASES -- Employer (meaning for purposes of General Municipal Law, §72-o) GENERAL …
https://www.osc.ny.gov/legal-opinions/opinion-89-40Opinion 88-78
… in the opinion. POLICE AND POLICE PROTECTION -- Contract for (additional protection by county to village); (additional … village) -- Financing (exemption of village from town tax for town police services) -- Police Chief (necessity for in village) -- Police Department (abolishment of in …
https://www.osc.ny.gov/legal-opinions/opinion-88-78Membership Milestones for Police & Fire Retirement System (PFRS) Members
… how your years of service affect your retirement benefits. For specific information about your retirement plan, go to … benefit, you will receive annual cost-of-living (COLA) increases when you meet eligibility requirements. (Return to … benefit, you will receive annual cost-of-living (COLA) increases when you meet eligibility requirements. (Return to …
https://www.osc.ny.gov/retirement/members/membership-milestones-police-fire-retirement-system-pfrs-membersState Agencies Bulletin No. 1735.2
… 1735.1 Purpose To provide agencies with instructions for the new Additional Pay Earnings Code to be used when an employee’s annual salary (including Location Pay) , converted to an hourly … in the five boroughs of New York City (NYC) whose annual salary (including Location Pay) may be less than the hourly …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/17352-minimum-wage-differential-annual-employees