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Independent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards

… look to act on Kroll’s recommendations and ensure the Fund is well positioned for the years ahead to protect the pension … to mitigate risks they might pose. The independent review is mandated every three years as part of the regulatory … with the State Comptroller’s office in 2008. This is the fourth review completed since then. Report …

https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standards

Payments by Beacon Health Options for Mental Health and Substance Abuse Services for Ineligible Members

… and substance abuse (MHSA) claims for Empire Plan members who were not eligible for coverage. The audit covered the … to confirm eligibility information against its claims processing system, Connections Administrative System (CAS). … enrollment information in NYBEAS is crucial to prevent payment of ineligible claims. For example, if a member’s …

https://www.osc.ny.gov/state-agencies/audits/2022/05/13/payments-beacon-health-options-mental-health-and-substance-abuse-services-ineligible

XIII.11 Submitting Travel and Expense Reimbursement Requests for Inactive Employees – XIII. Employee Expense Reimbursement

… guidance to agencies on submitting Travel and Expense reimbursement requests for inactive employees for expenses … must undertake multiple steps for SFS to generate a reimbursement check to the inactive employee. Therefore, … agencies should require departing employees submit reimbursement claims prior to separation from the agency. …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii11-submitting-travel-and-expense-reimbursement-requests-inactive-employees

Audit Finds Operational and Oversight Failures Led to Financial Instability in Mount Vernon

… The city of Mount Vernon faced financial uncertainty and problems because it lacked critical operational controls … policies and retained outside counsel, and then failed to seek reimbursement for more than $7,500 in payments to this … government financial records, track state contracts, and find commonly requested data. … The city of Mount Vernon …

https://www.osc.ny.gov/press/releases/2022/01/audit-finds-operational-and-oversight-failures-led-financial-instability-mount-vernon

Local Sales Tax Collections Up 19% in 2021

… economy rebounded from the pandemic, some of that growth is attributed to inflation, which was the highest it has been …

https://www.osc.ny.gov/press/releases/2022/02/local-sales-tax-collections-19-percent-2021

Management of Invasive Species (Follow-Up)

… report, Management of Invasive Species (Report 2019-S-26 ) . About the Program Many species of plants and animals … "invasive." In New York, invasive species management is a collaborative effort between the Department of … Our initial audit report, covering the period from April 1, 2017 through November 22, 2019, was issued on July 23, …

https://www.osc.ny.gov/state-agencies/audits/2021/11/19/management-invasive-species-follow

Division of Housing and Community Renewal Bulletin No. DH-105

… of Housing and Community Renewal of the new procedure for calculating promotions for RRSU employees who have earned Longevity Lump Sum (LLS) … York and DC-37 and Chapter 76 of the Laws of 2018 provide for a new procedure for calculating promotions for RRSU …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-105-calculating-base-salary-employees-district-council-37

Local Sales Tax Collections Up

… Overall growth in local sales tax collections statewide in 2019 was … ttps://www.osc.state.ny.us/localgov/pubs/research/growth-in-local-sales-tax-collections-second-half-2019.pdf Find out how …

https://www.osc.ny.gov/press/releases/2020/02/local-sales-tax-collections

CUNY Bulletin No. CU-682

… the new Fire Safety Differential for eligible employees in the titles listed below. Affected Employees Annual IBT employees in the titles listed in the eligibility criteria section are affected. Background …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-682-cuny-ibt-2018-2019-additional-pay-increases-and-new

State Comptroller DiNapoli Releases School Audits

… New York State Comptroller Thomas P. DiNapoli today announced … Free School District , Gowanda Central School District , Holland Patent Central School District , Rochester Career … procedures to ensure that all overtime hours worked by department employees are properly authorized. Overtime …

https://www.osc.ny.gov/press/releases/2017/01/state-comptroller-dinapoli-releases-school-audits-0

DiNapoli: Binghamton Woman Sentenced for Stealing Deceased Father-In-Law's Pension Payments

… Joy LaBarr, a 58-year-old Binghamton woman, was sentenced to pay full restitution of $32,000 and serve five years’ … “Ms. LaBarr’s conviction should serve as a warning to those who try to defraud the New York State Pension … payments after his death. However, she predeceased him, so payments should have stopped upon his death in …

https://www.osc.ny.gov/press/releases/2024/05/dinapoli-binghamton-woman-sentenced-stealing-deceased-father-laws-pension-payments

Comptroller DiNapoli Releases Municipal Audits

… and accountability for our local communities is a top priority,” said DiNapoli. “By auditing municipal finances and operations, my office … of the authority’s payroll processing and accounting for leave accruals. The office administrator performed all …

https://www.osc.ny.gov/press/releases/2014/03/comptroller-dinapoli-releases-municipal-audits

DiNapoli: New York’s Employee Stock Ownership Plans Lead Nation in Assets

… in companies that are employee owned. One of the most popular forms of employee ownership is Employee Stock … encourage employee ownership more broadly by developing strategies to: Expand networks and partnerships of business …

https://www.osc.ny.gov/press/releases/2022/10/dinapoli-new-yorks-employee-stock-ownership-plans-lead-nation-assets

Medicaid Program – Excessive Premium Payments for Dual-Eligible Recipients Enrolled in Mainstream Managed Care and Health and Recovery Plans

… of dual-eligibles from managed care as allowed by federal regulations. Over $3.5 million was paid on behalf …

https://www.osc.ny.gov/state-agencies/audits/2022/10/31/medicaid-program-excessive-premium-payments-dual-eligible-recipients-enrolled-mainstream

Economic and Demographic Trends – 2022 Financial Condition Report

… Employment Statewide Recovering Slowly in 2021 In calendar … the State gained over 226,000 jobs, an increase of 2.6 percent compared to growth nationally of 5.6 percent. Employment in the State was still 7.6 percent lower than that …

https://www.osc.ny.gov/reports/finance/2022-fcr/economic-and-demographic-trends

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