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Retiring Before Age 62 – Career Plan
… Tier 2, 3, 5 and 6 members who retire before age 62 will have their benefit … Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It is important to know that once you retire with a reduced benefit, the …
https://www.osc.ny.gov/retirement/publications/1642/retiring-age-62Retiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… retire before age 62 will have their benefit reduced by the percentages shown below. The percentage of the benefit reduction is prorated based on your exact age at retirement. Age at Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It …
https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62Retroactive Payments – Legacy Reporting
… benefits or disability benefits, or for whom we have paid a death benefit. You must inform us in writing. This cannot be included in your monthly report. Your letter should include the member’s name, NYSLRS …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/retroactive-paymentsState Comptroller DiNapoli Releases Municipal Audits
… Thomas P. DiNapoli today announced his office completed audits of the East Meadow Public Library , Town of Erwin , Town of New Hartford and the Town …
https://www.osc.ny.gov/press/releases/2018/03/state-comptroller-dinapoli-releases-municipal-audits-0State Authority Contracts on Open Book NY
… of State authority contracts is displayed on Open Book NY. Approved Eligible Contracts Filed Exempt Contracts Filed … of State authority contracts is displayed on Open Book NY Approved Eligible Contracts Filed Exempt Contracts and …
https://www.osc.ny.gov/public-authorities/state-authority-contracts-open-book-nyComptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of the Town of Burke , Town of Deerpark , City of Newburgh and Rockland County . “In …
https://www.osc.ny.gov/press/releases/2016/11/comptroller-dinapoli-releases-municipal-audits-0Reporting Member Contributions – Enhanced Reporting
… you report to NYSLRS). For information about how much your NYSLRS employees contribute (including information about … accrue interest. Additional information that may affect your present or future payroll processing for Section 414(h): … October 1, 2013 are 414(h) contributions. (Section 414(h) does not apply to PFRS contributions made prior to October 1, …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/reporting-member-contributionsComptroller DiNapoli Releases School Audits
… which included overestimated appropriations. The budgets for fiscal years 2011-12 and 2012-13 called for using a total of about $3.1 million in reserves and … have not implemented the district’s reserve fund policy for the funding and use of reserve funds. One reserve, the …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-school-audits-0State Comptroller DiNapoli Releases Municipal Audits
… 2017, city officials balanced the budget using primarily casino revenue, averaging $9 million, and fund balance, … deplete available fund balance. Assuming no additional casino revenue is received, the city will have a projected …
https://www.osc.ny.gov/press/releases/2017/09/state-comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases Municipal Audits
… funds. As a result, the board reduced its transparency of financial operations, and the public did not have an opportunity to exercise its rights to approve reserves by a vote. The board also did not properly establish the … a multiyear capital plan or clearly identify the source of funding for the capital reserves as a part of the …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-auditsCattaraugus County – Internal Controls Over Selected Financial Activities (2013M-68)
… rights for computer users be based upon current duties or employee status. … Cattaraugus County Internal Controls Over …
https://www.osc.ny.gov/local-government/audits/county/2013/07/05/cattaraugus-county-internal-controls-over-selected-financial-activities-2013m-68NYC Budget Is Balanced but Risks Are Growing
… The New York City Mayor’s preliminary executive budget for FY … balanced, but there are risks, including proposed drops in state assistance, potential federal budget cuts and slower …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingOpinion 92-44
… (see Sponsor's Memorandum in Support and Memorandum of the New York State Association of Chiefs of Police, Inc. re: …
https://www.osc.ny.gov/legal-opinions/opinion-92-44DiNapoli & Schneiderman Announce Sentencing of Former MET Council Insurance Broker
… Comptroller’s Office at 1-888-672-4555; file a complaint online at [email protected]; or mail a complaint …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-schneiderman-announce-sentencing-former-met-council-insurance-brokerTown of Philipstown - Board Oversight of Water Billing Operations (2019M-43)
… Determine whether the Board provided proper oversight of water billing operations. Key Finding The Board did not … … Determine whether the Board provided proper oversight of water billing operations …
https://www.osc.ny.gov/local-government/audits/town/2019/05/24/town-philipstown-board-oversight-water-billing-operations-2019m-43DiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… government employees and retirees and their beneficiaries. It has consistently been ranked as one of the best managed …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25Lake Champlain-Lake George Regional Planning Board - Governance Over Loan Operations (2019M-25)
… Determine whether the Board provided adequate oversight of the revolving loan program. Key Findings The Lake … … Determine whether the Board provided adequate oversight of the revolving loan program …
https://www.osc.ny.gov/local-government/audits/joint-activity/2019/09/13/lake-champlain-lake-george-regional-planning-board-governance-over-loanSpencer-Van Etten Central School District – Information Technology (2021M-155)
… have generally taken adequate steps towards helping to ensure computerized data was safeguarded through managing … and audit recommendations were communicated confidentially to officials. District officials agreed with our audit …
https://www.osc.ny.gov/local-government/audits/school-district/2021/12/17/spencer-van-etten-central-school-district-information-technology-2021mFayetteville-Manlius Central School District – Professional Services (2020M-115)
… School District (District) officials sought competition for procurement of professional services. Audit Results With … minor exceptions, District officials sought competition for professional services. Key Recommendation Continue to review and update the request for proposal (RFP) timetable and ensure all professional …
https://www.osc.ny.gov/local-government/audits/school-district/2020/11/13/fayetteville-manlius-central-school-district-professional-services-2020mState Agencies Bulletin No. 1308
… Purpose To inform agencies of action required to ensure that payroll earnings charges … activities, SFS must be briefly taken offline at the end of March 2014. As a result of this blackout period, agency and OSC actions are required. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1308-updates-account-codes-and-related-payserv-position-pools-sfs-statewide