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Overview – When Employees Retire
… The Employee’s Responsibility Employees must apply for retirement in order to start receiving their pension. To … meets the minimum service credit and age requirements for their retirement plan, they are eligible for a service retirement benefit . Disability Retirement …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/overviewOpinion 91-47
… issuance of letters testamentary to an individual named as executor was part of the probate proceeding. The court wrote: … eligibility of the person named in the will to serve as executor is an important one (see Matter of Weinstock , 40 … eligibility to receive letters testamentary as the executor named in the will is not relevant unless the will is …
https://www.osc.ny.gov/legal-opinions/opinion-91-47What is a Defined Benefit Plan?
… of a defined benefit plan , also known as a traditional pension plan. Defined benefit plans provide several … by your retirement plan, you will receive a monthly pension payment for the rest of your life. How Defined Benefit Plans Work Defined benefit pension plans, including your NYSLRS plan, are calculated …
https://www.osc.ny.gov/retirement/members/defined-benefit-planHaverstraw-Stony Point Central School District – Financial Management (2025M-20)
… of the budget, for unexpected occurrences and fluctuations in cash flow. A realistic budget begins with sound estimates … reasonable portion of fund balance for a specific purpose, in compliance with statutory directives. A multiyear … have been during the budget process. Of the $94.4 million in year-end transfers, $57.6 million went to the District’s …
https://www.osc.ny.gov/local-government/audits/school-district/2025/12/05/haverstraw-stony-point-central-school-district-financial-management-2025mXV.4.A Reconciling Prior Fiscal Year Credit Card Charges – XV. End of Year
… . Business Units must review and reconcile all credit card charges incurred prior to April 1 of the previous fiscal … must reconcile enough additional charges to bring the dollar value on a voucher to an amount greater than zero. Travel Card Run the Travel Card …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv4a-reconciling-prior-fiscal-year-credit-card-chargesAppointment of Claims Auditor – Improving the Effectiveness of Your Claims Auditing Process
… of this key control because a claims auditing official would be performing this function as one of his or … whether or not the appointment of a claims auditing official would be beneficial for your locality. Several … claims auditing responsibilities. When a claims auditing official is appointed, the governing board generally no …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/appointment-claims-auditorInmate Sentence Calculation and Release Practices
… sentences to ensure accurate and consistent calculation of sentence times in accordance with all laws and regulations. … release dates, as well as any credits that reduce their sentence time. The Department held approximately 50,700 … inmates who were released multiple times while serving a sentence for the same original crime. Key Findings We found …
https://www.osc.ny.gov/state-agencies/audits/2017/04/07/inmate-sentence-calculation-and-release-practicesAdministration of Self-Insured Workers’ Compensation Plans
… Staten Island Railway), MTA Bus Company, and Triborough Bridge and Tunnel Authority. The audit period was from July … – New York City Transit, MTA Bus Company, and Triborough Bridge and Tunnel Authority – are self-insured and administer …
https://www.osc.ny.gov/state-agencies/audits/2020/09/25/administration-self-insured-workers-compensation-plansReal Estate Portfolio (Follow-Up)
… Estate Portfolio ( 2013-S-23 ). Background The New York Power Authority’s (NYPA) mission is to “provide clean, … hydroelectric and gas-powered energy plants throughout the State, including seven hydroelectric plants licensed by the … management plan for property affected by the hydroelectric plant. Any decisions that could impact the land management …
https://www.osc.ny.gov/state-agencies/audits/2018/12/28/real-estate-portfolio-followAdministration and Collection of Real Estate Transfer Taxes
… Finance (Department) has adequate systems and practices in place to allow it to effectively collect Real Estate Transfer … certain exceptions – adequate systems and practices in place that allow it to effectively collect RETT. However, its … Taxation and Finance has adequate systems and practices in place to allow it to effectively collect Real Estate Transfer …
https://www.osc.ny.gov/state-agencies/audits/2019/01/08/administration-and-collection-real-estate-transfer-taxesCity of Troy – Budget Review (B18-5-8)
… the significant revenue and expenditure projections in the City’s proposed budget for the 2019 fiscal year are reasonable. Background The City of Troy, located in Rensselaer County, is authorized to … exceed $24,706,000 to liquidate cumulative deficits in the City’s general fund for the years ending December 31, 1993, …
https://www.osc.ny.gov/local-government/audits/city/2018/10/31/city-troy-budget-review-b18-5-8Cost-Saving Ideas: Capital Planning for Local Governments and School Districts
… assets, you can help avoid the unexpected, such as sudden road or building closures or cost overruns. Benefits of …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-capital-planning-local-governments-and-school-districtsMedicaid Program – Eye Care Provider and Family Inappropriately Enroll as Recipients and Overcharge for Vision Services
… in New York State. Medicaid provides a wide range of medical services, including vision care, to individuals who … income information to secure Medicaid coverage and other medical assistance benefits. During the period of enrollment … owner and the owner’s family, the State paid $68,483 in medical benefits on their behalf. The Provider received over …
https://www.osc.ny.gov/state-agencies/audits/2016/03/21/medicaid-program-eye-care-provider-and-family-inappropriately-enroll-recipients-andOther Bulletin No. 53
… Purpose The purpose of this bulletin is to provide agencies with the new procedure for calculating promotions for CSEA … received during the 12-month period prior to the promotion with the employee’s salary. The result is the employee’s base … must use the new procedure for promotion transactions with an effective date of 04/01/2020 or after. Questions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-53-calculating-base-salary-employees-state-universityAnthem Blue Cross – Coordination of Benefits With Medicare (Follow-Up)
… Objective To assess the extent of implementation of the four recommendations included in our initial audit … To assess the extent of implementation of the four recommendations included in our initial audit …
https://www.osc.ny.gov/state-agencies/audits/2026/07/08/anthem-blue-cross-coordination-benefits-medicare-followOpinion 93-25
… the views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer … §§6-626; 12-1200: A village which has provided lighting at village expense for a private right-of-way under the … whether the village may continue to provide such lighting at village expense. Village Law, §12-1200 authorizes villages …
https://www.osc.ny.gov/legal-opinions/opinion-93-25Opinion 95-11
… top ranks of police departments in the state (1992 Opns St Comp No. 92-29, p 76; 1991 Opns St Comp No. 91-35, p 106; 1986 Opns St Comp No. 86-23, p 39; … General Municipal Law. However, the Civil Service Law, and Rules and Regulations adopted pursuant thereto, delineate the …
https://www.osc.ny.gov/legal-opinions/opinion-95-11Opinion 2002-11
… number of calls of the emergency rescue and first aid squad, as set forth in section 217(c)(vi)(B) of the General … company calls other than emergency rescue and first aid squad calls, as set forth in section 217(c)(vi)(A) of the … number of calls of an emergency rescue and first aid squad, and an additional twenty-five points for responding to …
https://www.osc.ny.gov/legal-opinions/opinion-2002-11Administration and Monitoring of Financial Assistance to New York City Businesses
… Objectives To determine whether the New York City Industrial Development … Agency (NYCIDA) has policies and procedures in place to approve, monitor, and measure project performance and … To determine whether the New York City Industrial Development …
https://www.osc.ny.gov/state-agencies/audits/2024/06/12/administration-and-monitoring-financial-assistance-new-york-city-businessesWorld Trade Center Presumption – New Career Plan
… If you participated in the World Trade Center rescue, recovery or cleanup efforts, and … time, you should be aware of the benefits provided by the World Trade Center Presumption law. 1 You may be eligible for … be met for these benefits. For more information, visit our World Trade Center Presumption webpage . 1 Updated 12/21 …
https://www.osc.ny.gov/retirement/publications/1515/world-trade-center-presumption