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DiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… The New York State Common Retirement Fund (Fund) is committing another $350 million to … of jobs and grow while achieving solid returns for the retirement system members and their beneficiaries that rely …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesNew York One of Only Seven States to Owe Money to Federal Unemployment Trust Fund
… Despite recent significant payments to the federal Unemployment Trust Fund (UTF), New … loan balance is second only to California, according to a new analysis by State Comptroller Thomas P. DiNapoli. As DiNapoli detailed in a September 2021 report , the devastating job losses caused …
https://www.osc.ny.gov/press/releases/2022/06/new-york-one-only-seven-states-owe-money-federal-unemployment-trust-fundXIII.10.D Refunds Owed to the State by an Employee - Using a Due to State Offset – XIII. Employee Expense Reimbursement
… section provides Online Agencies with information related to refunds owed to the State by an employee using the Due to … until it is fully reconciled. For more information on how to apply a Due to State Offset to an expense report in … When an employee owes money to the State, he or she must submit a check to the agency to refund the amount owed …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii10d-refunds-owed-state-employee-using-due-state-offsetDiNapoli: State Pension Fund Calls on Companies to Address Climate Risk, Transition to Cleaner Operations
… The New York State Common Retirement Fund (Fund) has reached agreements with five major U.S. … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-state-pension-fund-calls-companies-address-climate-risk-transition-cleaner-operationsDiNapoli: NYC Put Federal Funds to Work Quickly To Shore Up Budget and Drive Recovery
… New York City is using the federal funds it received in the wake of the COVID-19 pandemic to … the shifting fiscal environment to use any remaining funds in ways that continue to boost recovery and avoid … billion in Coronavirus State and Local Fiscal Recovery Funds (SLFRF) for states, local and tribal governments with …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyc-put-federal-funds-work-quickly-shore-budget-and-drive-recoveryDiNapoli: Rochester Woman Pleads Guilty to Stealing $121,000 in Pension Checks Sent to Late Grandmother
… larceny in Monroe County Court before Judge Stephen T. Miller. She is due back in court for sentencing on March 7. …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-rochester-woman-pleads-guilty-stealing-121000-pension-checks-sent-late-grandmotherHourly Based Information Technology Services
… vendors: (i) at the appropriate hourly bill rates; (ii) for consultants with the required months of experience; and … and OGS jointly implemented the HBITS contracts to create a cost- and time-efficient means for agencies to procure … as $72.29 per hour. Key Findings Our examination found OGS does not have an effective process to ensure a candidate …
https://www.osc.ny.gov/state-agencies/audits/2016/09/02/hourly-based-information-technology-servicesDiNapoli: Some Taxpayer Check-Off Donations Not Utilized for Worthy Causes
… sit unused, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. More than $14 million … This provision, which promotes more expeditious disbursement of fund resources, should be added for all …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-some-taxpayer-check-donations-not-utilized-worthy-causesDiNapoli: State Department of AG and Markets Should Improve Pollinator Protection Program
… and Ensure honey bees entering the state are healthy and free from disease. To determine the Department’s … to ensure honey bees entering New York are healthy and free from disease. Between 2017 and 2021, one of the top … the Department did not issue a permit or obtain a disease-free certification, as they are supposed to, from over 75% of …
https://www.osc.ny.gov/press/releases/2023/01/dinapoli-state-department-ag-and-markets-should-improve-pollinator-protection-programSelected Aspects of Toll Collections
… Additionally, DMV has a reciprocity agreement with the Massachusetts Registry of Motor Vehicles for collecting … to DMV weekly. There were 25,617 outstanding accounts from Massachusetts, totaling $6.5 million in tolls and fees, … did not initiate the process for suspension of any Massachusetts plates despite having a reciprocity agreement. …
https://www.osc.ny.gov/state-agencies/audits/2023/05/26/selected-aspects-toll-collectionsLeaves of Absence – En-Con Police Officers Plan
… Tier 1 members receive full credit for sick leave at half pay; Tier 2, 3, 5 and 6 members receive half credit for …
https://www.osc.ny.gov/retirement/publications/1822/leaves-absenceEmployer E-News Archive — 2023
… Sign up to make sure you receive the latest Retirement System news. December 2023 Employers No Longer … Employees in Retirement Online Set Up Your Enhanced Reporting Transition Plan Today More Than 1,600 Employers …
https://www.osc.ny.gov/retirement/publications/employer-e-news-archive-2023Discontinuing Required Contributions – Enhanced Reporting
… … Tier 3 and 4 members stop making required contributions once certain service conditions are met Tier 5 and 6 members dont make contributions on earnings that arent pensionable …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/discontinuing-required-contributionsXIX.1.A When is a Project ID Needed – XIX. Project Costing (PCIP)
… project or account) Cost Threshold No (cost thresholds do not need to be considered for project creation) Guide to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xix/xix1a-when-project-id-neededDrug and Alcohol Treatment Program – Provider Claiming of Depreciation Expenses (Follow-Up)
… Depreciation Expense (Report 2015-S-84 ). Background The New York State Office of Alcoholism and Substance Abuse Services …
https://www.osc.ny.gov/state-agencies/audits/2018/09/05/drug-and-alcohol-treatment-program-provider-claiming-depreciation-expenses-followTupper Lake Volunteer Fire Department, Inc. – Misappropriation of Funds and Board Oversight (2014M-229)
… Purpose of Audit The purpose of our audit was to evaluate internal … December 31, 2013. Background The Tupper Lake Volunteer Fire Department, Inc. provides fire protection to the Town and Village of Tupper Lake and the Town of Santa Clara, in …
https://www.osc.ny.gov/local-government/audits/fire-district/2016/02/24/tupper-lake-volunteer-fire-department-inc-misappropriation-funds-and-boardSidney Memorial Public Library – Cash Disbursements (2014M-252)
… audit was to examine the Library’s financial operations for the period July 1, 2012 through June 30, 2014. Background … an elected seven-member Board of Directors. Expenditures for the 2013-14 fiscal year totaled approximately $600,000. …
https://www.osc.ny.gov/local-government/audits/library/2014/11/28/sidney-memorial-public-library-cash-disbursements-2014m-252Opinion 89-39
… and duties exception); (contracts entered into prior to election to office) GENERAL MUNICIPAL LAW, §§800[3], 801, … you state that the board member is newly-elected, but do not state whether any contracts with the agency pre-dated … a result of the contract and the duties of such employment do not directly involve the procurement, preparation or …
https://www.osc.ny.gov/legal-opinions/opinion-89-39XVI.3.G Legal Compliance – XVI. Financial Reporting
… financial statements. Where financial statements prepared in conformity with GAAP do not demonstrate finance-related … schedules and narrative explanation should be presented in the ACFR as may be necessary to report legal compliance …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3g-legal-complianceUpdate Vendor Information and Access
… including: bank accounts for electronic payments (ACH), email addresses for delivery of purchase orders, and discount … and include the bank account for direct deposit, and an email address for purchase orders specific to that Albany … a different bank account for direct deposit, a different email address for purchase orders for that office, and …
https://www.osc.ny.gov/state-vendors/portal/update-vendor-information-and-access