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State Agencies Bulletin No. 1549
… PEF Effective Date(s) Institution paychecks dated March 2, 2017 and Administration paychecks dated March 8, 2017 Background The PEF Membership Benefits Program and … for this voluntary life insurance effective March 1, 2017. Univers Transamerica will now bill policy holders …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1549-payroll-deductions-discontinued-transamerica-life-insurance-offeredState Agencies Bulletin No. 1113
… enrolled in the Deferred Compensation Plan for calendar year 2012, pursuant to IRS Section 457 Regulations. The … amount for Deferred Compensation has been increased from $16,500 to $17,000. The Deferred Compensation “Retirement … maximum total contribution of $34,000 for calendar year 2012. An additional deferment is available to employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1113-deferred-compensation-maximum-contribution-limits-calendar-year-2012State Agencies Bulletin No. 1104
… Purpose To notify the agencies of changes to the file and provide the new file layout … The master file is created after the confirmation of each pay cycle and contains employee information related … in this order up to eight times depending on the number of direct deposit accounts an employee has on their record. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1104-changes-nhrp501-master-file-include-direct-deposit-dataState Agencies Bulletin No. 1368
… enrolled in the Deferred Compensation Plan for calendar year 2015. Affected Employees Employees enrolled in the … maximum total contribution of $36,000 for calendar year 2015. An additional deferment is available to employees … and Over Catch-Up” additional amounts deferred in the same year. OSC Actions OSC will update the Savings Plan Tables to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1368-deferred-compensation-maximum-contribution-limits-calendar-year-2015State Agencies Bulletin No. 1216
… enrolled in the Deferred Compensation Plan for calendar year 2013, pursuant to IRS Section 457 Regulations. The … maximum total contribution of $35,000 for calendar year 2013. An additional deferment is available to employees … and Over Catch-Up” additional amounts deferred in the same year. Affected Employees Employees enrolled in the Deferred …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1216-deferred-compensation-maximum-contribution-limits-calendar-year-2013State Agencies Bulletin No. 772
… enrolled in the Deferred Compensation Plan for calendar year 2008, pursuant to IRS Section 457 Regulations. The … maximum total contribution of $31,000 for calendar year 2008. An additional deferment is available to employees … and Over Catch-Up” additional amounts deferred in the same year. Affected Employees Employees enrolled in the Deferred …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/772-maximum-deferred-compensation-contribution-limits-calendar-year-2008State Agencies Bulletin No. 1291
… is available to employees age 50 and over. These employees can defer up to $5,500 in addition to their regular …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1291-deferred-compensation-maximum-contribution-limits-calendar-year-2014Lump Sum Payments – Enhanced Reporting
… a lump sum payment for up to 30 unused vacation days can be included in the pension calculation. Other Examples of …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/lump-sum-paymentsState Comptroller DiNapoli Statement on Arrest of Muge Ma for COVID-Related Scam
… fraud is reprehensible,” State Comptroller DiNapoli said. “I thank United States Attorney Berman and the FBI for working … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2020/05/state-comptroller-dinapoli-statement-arrest-muge-ma-covid-related-scamWading River Fire District – Gasoline Credit Cards (2017M-5)
… June 30, 2016. Background The Wading River Fire District is a district corporation of the State, distinct and separate … Riverhead and Brookhaven, in Suffolk County. The District is governed by an elected five-member Board of Fire … when and how they can use the cards and what documentation is required. Limit the number of gasoline credit cards to …
https://www.osc.ny.gov/local-government/audits/fire-district/2017/03/31/wading-river-fire-district-gasoline-credit-cards-2017m-5City of Binghamton – Joint Sewage Treatment Facility Capital Project Planning and Monitoring (2020M-170)
… or all of the costs related to Project construction delays can be recovered. City officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/city/2021/07/09/city-binghamton-joint-sewage-treatment-facility-capital-project-planning-andTier 6 Defined Contribution Plan Option
… by a union and Their salary at the time they are hired is at least $75,000. Employees who wish to choose the defined … contribution plan. The defined contribution plan option is the result of a 2012 amendment to Section 390 of the New York State Education Law. It is administered by the State University of New York (SUNY). …
https://www.osc.ny.gov/retirement/employers/tier-6-defined-contribution-plan-optionState Comptroller DiNapoli Statement on SEC's Climate Disclosure Proposal
… future, so they can be profitable and successful in the global marketplace. To do so requires us to have the …
https://www.osc.ny.gov/press/releases/2022/03/state-comptroller-dinapoli-statement-secs-climate-disclosure-proposalFonda-Fultonville Central School District – Reserves Management (2021M-157)
… the Board of Education (Board) properly managed reserve funds. Key Findings The Board did not properly fund, use or manage reserve funds according to applicable laws or best practices. The … a written plan for future funding and use of reserve funds and ensure amounts are necessary and reasonable. …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/fonda-fultonville-central-school-district-reserves-management-2021m-157New York State Comptroller DiNapoli: Statement on Arrest of Morris Central School District Official
… released a statement today after the arrest of Kristina Hand, former treasurer of the Morris Central School District … during these difficult times. It is disgraceful that Ms. Hand allegedly stole from the district to fund her personal …
https://www.osc.ny.gov/press/releases/2020/09/new-york-state-comptroller-dinapoli-statement-arrest-morris-central-school-district-officialMinerva Central School District – Financial Condition Management (2020M-60)
… financial condition. Key Findings District officials can do more to effectively manage the District’s financial …
https://www.osc.ny.gov/local-government/audits/school-district/2020/10/02/minerva-central-school-district-financial-condition-management-2020m-60Village of Dering Harbor – Board Oversight (2020M-29)
… Determine whether the Board provided adequate oversight of the Village’s financial operations. Key Findings The … through 2018-19. Underestimated revenues by a total of $151,908 (9.5 percent) and underestimated appropriations by a total of $210,126 (13.1 percent) over the past five years (2013-14 …
https://www.osc.ny.gov/local-government/audits/village/2020/06/26/village-dering-harbor-board-oversight-2020m-29Reporting Workers' Compensation Benefits – Legacy Reporting
… have been paid and corresponding days worked for up to one year for each incident. Tiers 2 through 6 — Do not report …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/reporting-workers-compensation-benefitsAnalytical Reviews – Improving the Effectiveness of Your Claims Auditing Process
… reviews of vendor payment summary records or reports can alert you to changes in expenditure trends and areas for … for moveable items such as technology equipment (i.e., computers and printers) and maintenance equipment (i.e., chainsaws and lawn mowers). Large repair costs for …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/analytical-reviewsSubmitting a DRO – Divorce and Your Benefits
… template or by an attorney, must be signed by a Supreme Court judge and entered as an official court document. NYSLRS … the judgment of divorce to: NYSLRS Matrimonial Bureau 110 State Street Mail Drop 7-9 Albany, NY 12244-0001 DROs can also be emailed to dro@osc.ny.gov or …
https://www.osc.ny.gov/retirement/members/divorce/submitting-dro