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Member & Retiree E-News Archive — 2024
… make sure you receive the latest Retirement System member and retiree news. December 2024 Members Now Scheduling … Information by 12/31 Make Sure You Receive Your 1099-R and Annual Statement Schedule a Change of Address with … 2024 Members National Retirement Security Month NYSLRS and Retirement Security The 3-Legged Stool Approach to …
https://www.osc.ny.gov/retirement/publications/member-retiree-e-news-archive-2024Selected Controls Over the Property Tax Assessment Process (Follow-Up)
… Objective To determine the extent of implementation of the ten recommendations included in our initial report, … problems we identified in the initial audit report. Of the ten audit recommendations, three were implemented, six were … To determine the extent of implementation of the ten recommendations included in our initial report Selected …
https://www.osc.ny.gov/state-agencies/audits/2020/01/06/selected-controls-over-property-tax-assessment-process-followCity of Hudson - Payroll and Accrued Leave (2020-14)
… controls. The Council did not adopt policies that address how compensatory (comp) time will be authorized, … Ensure compensating controls are implemented to address the lack of segregation of duties within the payroll process. Adopt policies and procedures that address how comp time will be earned and used. Develop a …
https://www.osc.ny.gov/local-government/audits/city/2020/03/13/city-hudson-payroll-and-accrued-leave-2020-14DiNapoli: Executive Budget Reduces Out-Year Gaps, Diminishes Independent Oversight
… billion Executive Budget includes proposals to address infrastructure needs while reducing out-year gaps, but shifts … state-funded college aid. Includes a proposed Clean Water Infrastructure Act authorizing $400 million annually over … billion Executive Budget includes proposals to address infrastructure needs while reducing outyear gaps but shifts …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-executive-budget-reduces-out-year-gaps-diminishes-independent-oversightProgram Oversight and Monitoring of the Maximus Contract for the New York State of Health (Insurance Marketplace) Customer Service Center
… Purpose To determine whether the Department of Health (Department) is providing sufficient oversight to ensure that Maximus is implementing the contract deliverables and meeting specified performance … To determine whether the Department of Health Department is providing sufficient …
https://www.osc.ny.gov/state-agencies/audits/2016/06/16/program-oversight-and-monitoring-maximus-contract-new-york-state-health-insuranceClimate Change Adaptation Expenditures Survey
climate change, survey
https://www.osc.ny.gov/files/local-government/publications/2023/pdf/NYSOSCClimateChangeAdaptationExpendituresSurvey.pdfDiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… Inc. , medical supply company McKesson Corp. , commercial real estate company Realty Income Corp. and Advance Auto Parts Inc … a slate of candidates put forward by activist investment firm Engine No. 1, who won seats on ExxonMobil’s Board of …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-seasonState Agencies Bulletin No. 1866
… W-2. It should be used in addition to the original Form W-2. When requesting a Form W-2c, an agency must explain why a correction is … (pdf) attachment. The IRS does not require a corrected Form W-2 for an address change. There is a blackout period …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1866-general-tax-tipsIX.12.I Updated and Expanded CMIA Regulations – IX. Federal Grants
… Updated and expanded CMIA regulations were promulgated effective June … programs which previously would have been subject to CMIA; and Required the State to notify the U.S. Treasury in writing … Amendments may address, but are not limited to: Changes in funding techniques (i.e., methods used by the State to draw …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12i-updated-and-expanded-cmia-regulationsDivision of Housing and Community Renewal Bulletin No. DH-22
… Unit 67 will now be eligible to receive their five (5) and ten (10) year Longevity Payments effective on the first day … anniversary date where the employee reaches five (5) or ten (10) years of continuous service at or above the Job Rate … Payments for eligible employees who received a five (5) or ten (10) year Longevity Payment effective 4/1/04 or later and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-22-change-longevity-payment-eligibility-employeesControls Over Cash Advance Accounts (Follow-Up)
… Parks needs their advance accounts and whether the money is properly accounted for and used for appropriate business … expenses. We concluded that these accounts received little scrutiny and made recommendations to improve internal … Parks was authorized to have three advance accounts with a total value of $313,090, as follows: Change Fund – …
https://www.osc.ny.gov/state-agencies/audits/2016/06/03/controls-over-cash-advance-accounts-followDiNapoli: Canal Corp. Must Address Gaps
… significant number of critical structures along the system’s 524 miles of waterways, according to an audit released … largely concur with our recommendations.” The Canal Corp., a subsidiary of the New York State Thruway Authority, … condition, and the corporation has established inspection requirements and frequency standards, including in-depth …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-canal-corp-must-address-gapsState Comptroller Thomas P. DiNapoli Statement on 2023 State of the State Address
… session, the State of the State message delivered by Gov. Kathy Hochul set forth her agenda. State government is …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-thomas-p-dinapoli-statement-2023-state-state-addressAccounts Payable Advisory No. 3
… Subject: Selecting the Correct Address Sequence Vendors that provide goods and services … accounts. The Statewide Financial System may have multiple Address Sequences associated with a Vendor ID. While some vendors have a single default address which will accept all payments for a vendor, others …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/3-address-sequenceNYS Pension Fund Launches Review of Integrated Oil & Gas Companies
… is evaluating 28 publicly traded integrated oil and gas companies to determine if they are prepared for the … transition to the emerging net zero economy. “Oil and gas companies face significant and complex economic, … challenges in the years to come,” DiNapoli said. “These companies need to be ready for the transition to the …
https://www.osc.ny.gov/press/releases/2022/08/nys-pension-fund-launches-review-integrated-oil-gas-companiesDiNapoli: MTA Needs to Refocus Attention on Overdue Upgrades and Preparations for Extreme Weather
… The MTA should publish a new assessment of its long-term capital needs that pays particular attention to the growing threat climate change poses to transit, and … The MTA should publish a new assessment of its longterm capital needs that pays particular attention …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-mta-needs-refocus-attention-overdue-upgrades-and-preparations-extreme-weatherAutomated Phone Service
… available to NYSLRS retirees. Many of the options allow you to access your records, find general information and … date of birth. We need this information to verify that you are a NYSLRS retiree or beneficiary and the services you … below correspond to the numbers you will need to press on your phone for information. In most cases, if you are a …
https://www.osc.ny.gov/retirement/retirees/automated-phone-serviceAudit Finds Construction Delays in Public Housing Program Across New York State
… housing modernization program run by New York State Homes and Community Renewal (HCR) have led to years-long delays in … construction contracts, questionable contractor selections and contract changes that led to significant cost increases,” DiNapoli said. “People living in moderate- and low-income housing should not have to wait years for …
https://www.osc.ny.gov/press/releases/2016/05/audit-finds-construction-delays-public-housing-program-across-new-york-stateNYS Pension Fund Commits $2 Billion to Climate Transition Index
… to the emerging net-zero economy. The CTI examines companies’ fossil fuel reserves, carbon emissions, green … Russell has strived to be a trusted advisor to the Fund, helping Comptroller DiNapoli deliver on his goals to meet the … It has consistently been ranked as one of the best managed and best funded plans in the nation. …
https://www.osc.ny.gov/press/releases/2021/12/nys-pension-fund-commits-2-billion-climate-transition-indexSubmitting Payments for NYSLRS Members – Enhanced Reporting
… With each report, you must submit payment for the total amount of contributions, loans and service … more than what you’ve authorized. If you report and pay for more contributions than are owed, the contributions will … year of the overpayment occurring. You will be credited for the amount of the overpayment and responsible for …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/submitting-payments-nyslrs-members