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Funded Ratio of New York State Local Retirement System
Graph of historical funded ratio.
https://www.osc.ny.gov/files/press/pdf/funded-ratio-nyslrs.pdfSelected Management and Operations Practices (2020-S-38)
To determine whether the New York Power Authority’s (NYPA) electric vehicle initiatives and programs placed the Charge NY and Charge NY 2.0 charging stations in locations where the intent of these initiatives could be achieved. We also determined whether NYPA’s EVolve NY program met its initial ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2022-20s38.pdfOther Bulletin No. 38
… to eligible employees, the agency must submit a Pay Change on the Job Action Requests page using the following … effect on the Earnings End Date. For employees who had a change reported on the Job Data page, since the effective … to the increase using the Action/Reason code of Pay Rate Change/MSC (Military Stipend Change) and will increase the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-38-april-2016-and-april-2017-suny-construction-fund-scf-civilOpinion 99-4
… its moneys to a town. IDA moneys may be expended to make improvements to municipal facilities, at no cost to the municipality, when the improvements are incidental to a proper IDA project and are … inconsistent with the statutory scheme of article 18-A ( cf . General Municipal Law, §854[14], defining "financial …
https://www.osc.ny.gov/legal-opinions/opinion-99-4Justice Court Fund Reporting
The Office of the State Comptroller is replacing the Justice Court Fund Internet Report (JCFIR) with a new Justice Court Fund Reporting (JCR) application to collect the monthly court activities. Come learn about the new system’s features and how to access and navigate reports.
https://www.osc.ny.gov/files/local-government/academy/pdf/justice-court-fund-reporting-042424.pdfState Agencies Bulletin No. 944
… employees for whom the Retirement Plan checkbox in Box 13 on the 2009 Form W-2 should not be checked. Background IRS … retired prior to 2009. The Retirement Plan checkbox on this employee’s Form W-2 should not be checked. Inaccurate reporting may have monetary tax consequences for affected employees. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/944-retirement-plan-checkbox-form-w-2-wage-and-tax-statementState Agencies Bulletin No. 1255
… rates for the New York State Teachers Retirement System. Affected Employees Employees enrolled in Tier 6 in … enter projected salaries for these employees in the NYSTRS portal. OSC has been advised SUNY administration will be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1255-new-york-state-teachers-retirement-system-nystrs-tier-6-contributionFund Financial Data – 2021 Financial Condition Report
… available to pay current obligations (or will be soon). Funds represent sources of funding and spending for … purposes. The General Fund is used to report sources of funds and expenditures that are not required to be accounted … separate fund. In New York State, significant sources of funds that normally would be reported in the General Fund …
https://www.osc.ny.gov/reports/finance/2021-fcr/fund-financial-dataFund Financial Data – 2022 Financial Condition Report
… Fund financial statements provide a short-term view of … funding and spending for particular purposes. The General Fund is used to report sources of funds and expenditures that …
https://www.osc.ny.gov/reports/finance/2022-fcr/fund-financial-dataAccuracy of Medicaid Eligibility Determined by NY State of Health (Follow-Up)
… not, to determine the corresponding Medicaid overpayments. For the period January 1, 2014 through February 28, 2020, our … data processing. However, further actions are required. For example, very little of the overpayments from the initial …
https://www.osc.ny.gov/state-agencies/audits/2022/09/30/accuracy-medicaid-eligibility-determined-ny-state-health-followLegislative and Executive Retirement Plan For Tier 1 and 2 Members (Section 80-a)
… after retirement or in the event of disability or death. It is important that you maintain an up-to-date understanding of … important that you claim all that service, as early as possible, because records documenting your previous service …
https://www.osc.ny.gov/retirement/publications/legislative-and-executive-retirement-plan-tier-1-and-2-members-section-80Fund Financial Data – 2023 Financial Condition Report
… Fund financial statements provide a short-term view of finances. As such, these statements only focus … respectively. … Fund financial statements provide a shortterm view of finances …
https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-dataBrooklyn Man Pleads Guilty in Check Theft Scheme
… and sends a strong message that thefts like these will not be tolerated. I thank Comptroller DiNapoli’s Office and the United States Postal Inspection Service for their work on this case.” USPIS Inspector in Charge of the … 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/2023/08/brooklyn-man-pleads-guilty-check-theft-schemeState Agencies Bulletin No. 1884
… Purpose The purpose of this bulletin is to notify agencies that the … earnings limit for Tier 5 Employee Retirement System (ERS) and Tier 5 Teacher’s Retirement System (TRS) members for … may be directed to the Payroll Retirement mailbox. … State Agencies Bulletin No 1884 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1884-tier-5-pensionable-overtime-earnings-limit-calendar-year-2021-employeesState Comptroller DiNapoli Releases State Audits
… New York State Comptroller Thomas P. DiNapoli announced today the … compensation above the allowed regional median salary; and $32,074 in other than personal service costs that were … was appropriate and properly supported. Roswell Park Cancer Institute: Security Over Electronic Protected Health …
https://www.osc.ny.gov/press/releases/2016/10/state-comptroller-dinapoli-releases-state-audits-0Opinion 88-36
… the opinion. COUNTY SHERIFF -- Liability (loss of funds) INSURANCE -- Liability Insurance (authority of county to … in the deputy's wrongdoing (see McCollom v Aetna Casualty & Surety Co. , 260 App Div 1, 20 NYS2d 287). Under … becomes liable for the money lost (see McCollum v Aetna Casualty & Surety Co. , supra ). The surety in turn generally …
https://www.osc.ny.gov/legal-opinions/opinion-88-36DiNapoli: Former Director Pleads Guilty to Stealing $1,700 From Hornell Partners for Growth
… York State Police today announced that Michelle “Shelly” Stevens, the former executive director of Hornell Partners … earmarked for the city’s Business Improvement District. "Stevens betrayed her responsibility to the public by lining … District Attorney Baker and the New York State Police. Stevens, 38, of Almond, worked at HPG from 2014 to 2018 and …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-director-pleads-guilty-stealing-1700-hornell-partners-growthRetiring with an Outstanding Loan – State Police Plan
… Tier 2 Members If you retire with an outstanding loan, the annuity portion of your … The amount of your annuity reduction will be based on your age, your loan balance at retirement and the type of retirement (service or …
https://www.osc.ny.gov/retirement/publications/1518/retiring-outstanding-loanOther Bulletin No. 70
… Purpose: The purpose of this bulletin is to provide the State University … the agency must submit the appropriate transaction(s) to process the April 2023 SCF M/C Performance Advance, Promotion … when the payment is processed. OSC will turn off (not process) the automatic negative adjustment for these …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-70-april-2023-state-university-construction-fund-scfOther Bulletin No. 77
… Purpose: The purpose of this bulletin is to provide the State University … the agency must submit the appropriate transaction(s) to process the April 2024 SCF M/C Performance Advance, Promotion … when the payment is processed. OSC will turn off (not process) the automatic negative adjustment for these …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-77-april-2024-state-university-construction-fund-scf