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DiNapoli: State Pension Fund Valued at $274.6 Billion at End of Second Quarter
… The remaining Fund assets by allocation are invested in cash, bonds, and mortgages (22.22%), private equity (14.45%), …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-pension-fund-valued-274-point-6-billion-end-second-quarterNew York State Comptroller DiNapoli Statement on the MTA's February Financial Plan
… (MTA)’s February Financial Plan: “There is still a lack of clarity on how the MTA will close its $600 million deficit … have not been identified. The MTA must hold up its end of the bargain and identify how it’s going to save $100 … the MTA’s finances. “It’s clear the MTA will need all of its funding partners to step up due to its current …
https://www.osc.ny.gov/press/releases/2023/02/new-york-state-comptroller-dinapoli-statement-mtas-february-financial-planEligibility, the Benefit and Filing – Non-Contributory Plan with Guaranteed Benefits
… Eligibility Tier 1 Members: You are eligible to retire at age … Tier 1 2 3 Article 11 5 and 6 members under Section 375e Eligibility The Benefit and …
https://www.osc.ny.gov/retirement/publications/1513/eligibility-benefit-and-filingIRS Pension Limitation – Article 14 Benefits
… The Internal Revenue Code limits the amount of salary that qualified pension plans, including the New York State and Local Retirement System, may use in …
https://www.osc.ny.gov/retirement/publications/1644/irs-pension-limitationKidz Therapy Services, PLLC – Compliance With the Reimbursable Cost Manual
… Purpose To determine whether the costs reported by Kidz Therapy Services PLLC (Kidz Therapy) on its Consolidated Fiscal Reports (CFRs) were … (Manual). The audit covered expenses claimed on Kidz Therapy’s CFR for fiscal year 2011-12 and certain expenses … To determine whether the costs reported by Kidz Therapy Services PLLC Kidz Therapy on its Consolidated Fiscal …
https://www.osc.ny.gov/state-agencies/audits/2016/09/15/kidz-therapy-services-pllc-compliance-reimbursable-cost-manualNY's Balance of Payments With Washington Remains Positive for Now, but Federal Actions Could Drastically Change State's Financial Picture
… the state ranking 42 nd in federal fiscal year (FFY) 2023 on a per capita basis, according to a report issued today by … limit aid to individuals, and decrease federal spending on payrolls. Most states would lose from such actions, … FFY 2023, federal expenditures for each U.S. resident were on average $4,089 more than they paid in federal taxes; for …
https://www.osc.ny.gov/press/releases/2025/04/nys-balance-payments-washington-remains-positive-now-federal-actions-could-drastically-change-statesKew Gardens SEP, Inc. – Compliance With the Reimbursable Cost Manual
… years ended June 30, 2012. Background Kew Gardens is a Queens, New York-based for-profit organization that is …
https://www.osc.ny.gov/state-agencies/audits/2015/12/31/kew-gardens-sep-inc-compliance-reimbursable-cost-manualCity of Yonkers – Budget Review (B6-14-13)
… the significant revenue and expenditure projections in the City’s tentative budget for the 2014-15 fiscal year are reasonable. Background The City of Yonkers is authorized to issue debt totaling $45 million to liquidate the current deficits in the City School District’s general fund as of June 30, 2014. …
https://www.osc.ny.gov/local-government/audits/city/2014/05/20/city-yonkers-budget-review-b6-14-13State Agencies Bulletin No. 856
… Purpose To inform agencies of the new Time Entry codes and procedures for the payment of the Over 40 Compensatory Time II Cash Out for eligible … Services BU03 Institutional Services BU04 Division of Military & Naval Affairs BU47 Public Employees Federation …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/856-2008-csea-pef-and-rrsu-over-40-compensatory-time-ii-cash-outHiring Members with the Enhanced Report – Enhanced Reporting
… Hiring Existing NYSLRS Members or Retirees When hiring employees, it is important to ask the employee … post-retirement employment . Using the Actual Hire Date When you hire a new employee at your location, you must use …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/hiring-members-enhanced-reportState Agencies Bulletin No. 1836.1
… Bulletin 1836. Purpose The purpose of this bulletin is to describe new Time Entry Earns codes to be used to report and track overtime worked due to the COVID-19 … The purpose of this bulletin is to describe new Time Entry Earns codes to be used to report and track overtime worked due to the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/18361-reporting-overtime-related-covid-19State Agencies Bulletin No. 1921
… entered into Time Entry using the Earnings Code APB (Adj PSB). OSC has updated Earnings Code PSA to be used to … 2080 PS6 – PreSft Brief Auto Calc NU61/31 RP6 – Retro PSB Auto Calc NU61/31 Agency Actions Beginning in … income tax withholding will be calculated using the Flat Rate method (1.61135% for Yonkers residents and 0.50% for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1921-changes-calculation-and-retroactive-adjustment-pre-shift-briefingDiNapoli Honors Leaders at NYS Association of Black and Puerto Rican Legislators Conference
… the New York State Black and Puerto Rican Legislative Caucus weekend on Feb. 15 at the Hilton Albany. DiNapoli … the New York State Black and Puerto Rican Legislative Caucus weekend on Feb 15 …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-honors-leaders-nys-association-black-and-puerto-rican-legislators-conferenceMama Program, LLC – Compliance With the Reimbursable Cost Manual
… Objective To determine whether the costs reported by Mama Program, LLC (Mama Program) on its … (CFRs) were reasonable, necessary, directly related to the special education program, and sufficiently documented pursuant to the State Education Department’s (SED) Reimbursable Cost …
https://www.osc.ny.gov/state-agencies/audits/2020/12/29/mama-program-llc-compliance-reimbursable-cost-manualService Retirement Benefit – State Police Plan
… birthday occurs. You must file an Application for Service Retirement to receive benefits even if you are required to … exceed 70 percent of your FAE. If you reach mandatory retirement age before completing 20 years of service, your … completing 20 years of service. Filing You must apply for retirement with the Office of the State Comptroller 15 – 90 …
https://www.osc.ny.gov/retirement/publications/1518/service-retirement-benefitUpdate on New York’s Unemployment Insurance Trust Fund: Challenges Continue
… June 10, 2022 PDF Version Devastating job losses caused by the COVID-19 pandemic led to a record … Devastating job losses caused by the COVID19 pandemic led to a record …
https://www.osc.ny.gov/reports/update-new-yorks-unemployment-insurance-trust-fund-challenges-continueDiNapoli Releases Report on Tax Check-Off Donations
… Recruitment and Retention, and Prostate Cancer Research. Two funds had slower spending during the more recent period – … modest decline when compared to the previous year. All but two of the funds had higher balances than the prior year. The … years, annual contributions have not. In SFY 1988-89, the one check-off in existence, Return a Gift to Wildlife, …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-releases-report-tax-check-off-donationsState Comptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority," said DiNapoli. "By auditing municipal … board increases the risk that money will not be available when expenditures become necessary or that more taxes than …
https://www.osc.ny.gov/press/releases/2018/07/state-comptroller-dinapoli-releases-municipal-auditsVillage of Addison – Payroll (2024M-12)
… failed to adhere to the established policy and collective bargaining agreement (CBA) regarding employees’ …
https://www.osc.ny.gov/local-government/audits/village/2025/07/11/village-addison-payroll-2024m-12State Police Bulletin No. SP-258
… Date The 29-day waiting period has been eliminated for any acting assignment that begins on or after 04/01/2025. … be effectuated on the actual first date of the employee’s acting assignment. New Methodology to Determine Payment … (Command Payment) that are both in effect on the date the acting assignment begins. Determine the Annual Salary the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-258-retroactive-changes-supervisory-responsibility-pay-employees-state