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Ordinary Disability (Section 362) – Non-Contributory Plan with Guaranteed Benefits
… disability retirement must be submitted while you are in service or within 90 days from the date you: Are last paid …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-disability-section-362Borrowing Against Your Contributions – Non-Contributory Plan with Guaranteed Benefits
… service credit. You repay each outstanding loan through payroll deductions in an amount sufficient to repay the loan … before applying for a taxable loan from NYSLRS. To Apply Online: Sign in to Retirement Online , our self-service tool … Call Center at 1-866-805-0990 (518-474-7736 in the Albany, NY area) and connect with our automated information line. …
https://www.osc.ny.gov/retirement/publications/1513/borrowing-against-your-contributionsRetiring Before Age 62 – Non-Contributory Plan with Guaranteed Benefits
… NonContributory Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Section …
https://www.osc.ny.gov/retirement/publications/1513/retiring-age-62Contributing Toward Your Retirement – Non-Contributory Plan with Guaranteed Benefits
… toward your retirement benefits, but may elect to make voluntary annuity savings contributions to the Retirement … provide you with an annuity when you retire. Annual Wages Contribution Rate $45,000 or less 3% $45,000.01 to $55,000 …
https://www.osc.ny.gov/retirement/publications/1513/contributing-toward-your-retirementDetermining the Ex-spouse's Share – Divorce and Your Benefits
… Formula The first step in the Majauskas formula determines what percentage of the member’s pension was earned during the … multiplied by 50%, so that the member and ex-spouse each receive one half of the marital share percentage. 1. Years of … 2. 60% × 50% = 30% (ex-spouse’s portion) NYSLRS will calculate the precise service credit accrued during the …
https://www.osc.ny.gov/retirement/members/divorce/determining-ex-spouses-shareDiNapoli: County Jail Inmates Received Improper Welfare and Unemployment Insurance Benefits
… five counties monitored the eligibility of jail inmates for welfare payments, and by a combination of potential fraud … must recertify their employment status weekly, either by phone or computer, to continue to receive benefits. However, … message and require the receiver of the call to press a number to proceed. The DOL automated telephone system would …
https://www.osc.ny.gov/press/releases/2013/10/dinapoli-county-jail-inmates-received-improper-welfare-and-unemployment-insurance-benefitsSUNY Bulletin No. SU-74
… summer session payments. Affected Employees SUNY employees working summer session Effective Date Beginning of summer … benefits over the summer. Working summer session on or after 8/15/02. If the employee continues working summer … employees must be terminated at the end of summer session. Retirement For 21Ps OSC will report service credit for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-74-suny-summer-session-proceduresSelected Aspects of Incident Intake and Investigation
… allegations and a Staff Exclusion List, and ensure that all allegations are investigated fully and timely and are … Neglect received due process – and less to ensuring that all allegations of acts against vulnerable individuals had … correct the data inaccuracies and are also implementing a new reporting system. Several Federal statutes, as well as …
https://www.osc.ny.gov/state-agencies/audits/2017/03/06/selected-aspects-incident-intake-and-investigationNon-Revenue Service Vehicles and On-Rail Equipment
… maintains an inventory and consistently retires/disposes of its non-revenue service Highway Fleet Vehicles, and … and on-rail equipment and maintains an accurate inventory of parts required to repair the on-rail equipment. This audit … and affiliates, including LIRR. LIRR is comprised of over 700 miles of track on 11 different branches and …
https://www.osc.ny.gov/state-agencies/audits/2023/05/03/non-revenue-service-vehicles-and-rail-equipmentWhat is a Defined Benefit Plan?
… receive a monthly pension payment for the rest of your life. How Defined Benefit Plans Work Defined benefit … the biggest contributor to your pension plan is the New York State Common Retirement Fund . Over the past 20 years, …
https://www.osc.ny.gov/retirement/members/defined-benefit-planOpinion 97-10
… Executive Department, McKinney's 1994 Session Laws of New York, p 2658, at 2661). Accordingly, it is clear that … 1984 Opns St Comp No. 84-7, p 8; see gen., Warren's Weed, New York Real Property, Vol 1, Part 2, "Buildings"; 14 Opns …
https://www.osc.ny.gov/legal-opinions/opinion-97-10Monitoring of Not-for-Profit Cemeteries for Fiscal Stability and Adequate Facility Maintenance
… maintenance, and preservation of burial grounds for all not-for-profit cemetery corporations (cemeteries) in New York State. As authorized by Article 15 of the Not-for-Profit Corporation Law (Law), and under the supervision …
https://www.osc.ny.gov/state-agencies/audits/2017/07/11/monitoring-not-profit-cemeteries-fiscal-stability-and-adequate-facility-maintenanceState Agencies Bulletin No. 748
… the negotiated agreement between PEF and the State of New York for 2003-2007 and a GOER side letter dated January … be inserted using the effective date of the Rein leave. All subsequent rows on the Job Data record will also be … NHRP704 Mass Salary Increase Report This report identifies all employees who had a Merit Step payment row inserted and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/748-october-2007-merit-step-payments-employees-represented-public-employeesBorrowing Against Your Contributions – Special 20- and 25-Year Plans
… payment goes down. With a refinanced loan , you add the new loan amount to your existing balance and refinance the entire amount as one new loan. The minimum repayment amount for a refinanced loan …
https://www.osc.ny.gov/retirement/publications/1517/borrowing-against-your-contributionsDiNapoli: Medicaid Billing Errors Cost State More Than $1.5 Billion
… Department of Health (DOH) allowed more than $1.5 billion in improper Medicaid payments over the course of several years due to errors in its billing system and may have exposed patients to … 31, 2020. According to department officials, many of these cases have been resolved or are currently being reviewed. …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-medicaid-billing-errors-cost-state-more-15-billionOpinion 91-11
… mayor. Presently, a successor mayor may appoint a new city engineer after the expiration of the engineer's … curtail the common council's present power to consent to a new appointment every third year. It is, therefore, our …
https://www.osc.ny.gov/legal-opinions/opinion-91-11State Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … to improve the cash disbursements process to ensure that all aspects are properly performed. The director approves purchases, audits all claims and signs checks, while the assistant director …
https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-municipal-auditsHousing Trust Fund Corporation – Internal Controls Over and Maximization of Federal Funding for Various Section 8 Housing Programs and the COVID Rent Relief Program
… Program (HCV), the Section 8 Performance-Based Contract Administration Program (PBCA), and the COVID Rent Relief … offices and agencies, including the Housing Trust Fund Corporation (HTFC). Through HTFC, HCR receives federal …
https://www.osc.ny.gov/state-agencies/audits/2023/03/16/housing-trust-fund-corporation-internal-controls-over-and-maximization-federal-fundingKinderwise Learning Associates, LLC – Compliance With the Reimbursable Cost Manual
… special education provider located in North Salem, New York. Kinderwise provides preschool special education … the deficiencies we identified. To Kinderwise: Ensure that all costs reported on annual CFRs fully comply with SED’s …
https://www.osc.ny.gov/state-agencies/audits/2018/10/23/kinderwise-learning-associates-llc-compliance-reimbursable-cost-manualCity of Glen Cove -- Budget Review (B17-7-12)
… deficits for the fiscal year ending December 31, 2006. New York State Local Finance Law requires all local governments that have been authorized to issue …
https://www.osc.ny.gov/local-government/audits/city/2017/10/13/city-glen-cove-budget-review-b17-7-12