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NYC Finances Remain Strong But Out-Year Budget Gaps Have Grown
… efforts to balance the budget. The financial plan also does not reflect the potential for future federal or state …
https://www.osc.ny.gov/press/releases/2018/07/nyc-finances-remain-strong-out-year-budget-gaps-have-grownAccidental Death Benefit – Police and Fire Plan
… of your years of service credit, if you die as the natural and proximate result of an on-the-job accident not due to … listed above become ineligible for benefit payments, and the payments made to that time do not equal or exceed the …
https://www.osc.ny.gov/retirement/publications/1512/accidental-death-benefitAccidental Death Benefit – Basic Plan with Increased-Take-Home-Pay (ITHP)
… of your years of service credit, if you die as the natural and proximate result of an on-the-job accident not due to … listed above become ineligible for benefit payments, and the payments made to that time do not equal or exceed the …
https://www.osc.ny.gov/retirement/publications/1511/accidental-death-benefitAccidental Death Benefit – Career Plan
… of your years of service credit, if you die as the natural and proximate result of an on-the-job accident not due to … listed above become ineligible for benefit payments, and the payments made to that time do not equal or exceed the …
https://www.osc.ny.gov/retirement/publications/1642/accidental-death-benefitAccidental Death Benefit – New Career Plan
… of your years of service credit, if you die as the natural and proximate result of an on-the-job accident not due to … listed above become ineligible for benefit payments, and the payments made to that time do not equal or exceed the …
https://www.osc.ny.gov/retirement/publications/1515/accidental-death-benefitAccidental Death Benefit – Non-Contributory Plan with Guaranteed Benefits
… of your years of service credit, if you die as the natural and proximate result of an on-the-job accident not due to … listed above become ineligible for benefit payments, and the payments made to that time do not equal or exceed the …
https://www.osc.ny.gov/retirement/publications/1513/accidental-death-benefitRetiring with an Outstanding Loan – Special 20- and 25-Year Plans
… at retirement and the type of retirement (service or disability). The loan application and Retirement Online … pay off your loan once you retire. The amount of your pension reduction will be based on your age, your loan … at retirement, and the type of retirement (service or disability). Benefit Reduction Examples Here are examples of …
https://www.osc.ny.gov/retirement/publications/1517/retiring-outstanding-loanOverview – Special 20- and 25-Year Plans
… Your pension is based on your years of credited service and … In some cases, restrictions may apply (see Restrictions and Limitations ): Regular earnings; Overtime earned in the …
https://www.osc.ny.gov/retirement/publications/1517/final-average-earnings/overviewIntroduction to IT Governance – Information Technology Governance
… for ensuring that the right IT internal controls are in place and performing as intended. This can be a … of cybersecurity threats and the fact that IT is integral in nearly all aspects of local government and school … operations, we limited the number of questions. In many cases, there are more questions you could and …
https://www.osc.ny.gov/local-government/publications/it-governance/introduction-it-governanceState Comptroller DiNapoli Releases Audits
… either electronically deposited into the recipient's bank account or the recipient's check was negotiated. The …
https://www.osc.ny.gov/press/releases/2018/02/state-comptroller-dinapoli-releases-auditsLimitations – Non-Contributory Plan with Guaranteed Benefits
… Tier 1 If your date of membership is June 17, 1971, or later, … earnings in the preceding 12-month period by more than 20 percent. The amount in excess of 20 percent is excluded from … of earnings immediately preceding your date of retirement. Tier 2 and 3 If the earnings in any year included in the FAS …
https://www.osc.ny.gov/retirement/publications/1513/limitationsLimitations – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Tier 1 If your date of membership is June 17, 1971, or later, the wages in any 12-month period used in the FAS calculation cannot … of your FAS. Earned compensation that exceeds the Governor’s annual salary is excluded (please refer to our Overtime and …
https://www.osc.ny.gov/retirement/publications/1511/limitationsLimitations – Career Plan
… Tier 1 If your date of membership is June 17, 1971, or later, the wages in any 12-month period used in the FAS calculation cannot … of your FAS. Earned compensation that exceeds the Governor’s annual salary is excluded (please refer to our Overtime and …
https://www.osc.ny.gov/retirement/publications/1642/limitationsLoan Payroll Deductions – Enhanced Reporting
… Please use the new amount beginning on the next available payroll cycle so members can avoid underpayment — eliminating …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/loan-payroll-deductionsOpinion 2002-1
… program. 3 In view of the above conclusion, we need not address the remaining questions posed for our consideration. … of the General Municipal Law provides, in part, that "[a]ny amounts attributable to forfeiture of a participant's …
https://www.osc.ny.gov/legal-opinions/opinion-2002-1Cybersecurity Month Phishing
Learn how to recognize and report phishing emails and schemes to protect your municipality from the risk of unauthorized access.
https://www.osc.ny.gov/files/local-government/academy/pdf/cybersecurity-month-phishing-10-31-22.pdfTown of Evans – Employee Benefits (2024M-53)
… report – pdf] Audit Objective Determine whether Town of Evans (Town) officials maintained leave records and paid … supported or approved. We reviewed leave records for 27 of the Town’s 80 employees and determined that 373.5 of the 6,077 hours of leave time used by these employees was …
https://www.osc.ny.gov/local-government/audits/town/2024/09/20/town-evans-employee-benefits-2024m-53NYC Budget Benefiting From Strong Tax Collections
… and other federal programs, which would adversely affect many New York City residents and the city’s budget; …
https://www.osc.ny.gov/press/releases/2018/06/nyc-budget-benefiting-strong-tax-collectionsDiNapoli and Schneiderman Announce Guilty Plea in $120K Fraud of State Pension Benefits
… 64, a resident of Polk County, Florida, pleaded guilty to a one-count indictment charging her with grand larceny in … McDonough in Albany County Court. Cizik will be sentenced to 2 to 6 years in state prison on March 13, 2015. Cizik …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-and-schneiderman-announce-guilty-plea-120k-fraud-state-pension-benefitsNew York’s Economy and Finances in the COVID-19 Era
… saw steady gains, averaging over 174,000 jobs in each of the following five months. That progress nearly halted in … one in three New York small businesses expect they will need to obtain financial assistance or additional capital in … six months, while more than 17 percent believe they will need to identify and hire new employees. New York State …
https://www.osc.ny.gov/reports/covid-19-december-2-2020