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DiNapoli: State Pension Fund Value $194.3 Billion
… York State and Local Retirement System (NYSLRS) has the funds on hand to provide retirement security to its more than …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionAlternative and Out-of-Service Death Benefits – State Police Plan
https://www.osc.ny.gov/retirement/publications/1518/alternative-and-out-service-death-benefitsAlternative and Out-of-Service Death Benefits – Special 20- and 25-Year Plans
… that would have been established under the plan (Section 384-d, Section 384 or Section 384-e) had you retired on your date of death. …
https://www.osc.ny.gov/retirement/publications/1517/alternative-and-out-service-death-benefitsCost-of-Living Adjustment – Regional State Park Police Plan
… Once you meet the eligibility requirements, including age and number of years retired, your retirement benefit will … receiving cost-of-living adjustments (COLAs) when you are: Age 62 or older and retired for five or more years; Age 55 or older and retired for ten or more years; or …
https://www.osc.ny.gov/retirement/publications/1867/cost-living-adjustmentCost-of-Living Adjustment – En-Con Police Officers Plan
… is applied only to the first $18,000 of your Single Life Allowance, even if you selected a different option at …
https://www.osc.ny.gov/retirement/publications/1822/cost-living-adjustmentTown of Sidney – Budget Review (B4-16-13)
… Purpose of Budget Review The purpose of our budget review was to … the significant revenue and expenditure projections in the Town’s preliminary budget for the 2017 fiscal year are … The Town’s preliminary budget complies with the property tax levy limit. Key Recommendations There are no …
https://www.osc.ny.gov/local-government/audits/town/2016/10/25/town-sidney-budget-review-b4-16-13Town of Lloyd - Financial Condition (2019M-108)
… in an increase in fund balance from $2.4 million in 2014 to $4.1 million in 2018. The Board appropriated fund balance … $1.4 million of which only $340,000 (25 percent) was used to finance appropriations from 2014 through 2018. The Board … with appropriation of fund balance that will not be used to fund operations. Develop and adopt a fund balance policy …
https://www.osc.ny.gov/local-government/audits/town/2019/08/02/town-lloyd-financial-condition-2019m-108Member Contributions
… Most members are required to contribute a percentage of their earnings toward their … elected the special plan are not required to contribute. How Tier 6 Contribution Rates are Calculated When you join … their earnings from 1 to 10 percent. They can only start, change or stop voluntary contributions once during a 12-month …
https://www.osc.ny.gov/retirement/members/member-contributionsVillage of Lake Placid – Sexual Harassment Prevention Training (S9-23-15)
… whether Village of Lake Placid (Village) employees and elected officials completed annual sexual harassment … Key Findings SHP Training was provided to employees and elected officials. Of the 20 total individuals we tested (15 selected employees and all five elected officials), one employee of the Police …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/09/15/village-lake-placid-sexual-harassment-prevention-training-s9-23-15DiNapoli Announces State Contract & Payment Actions For March 2014
… Construction Approved a $31.2 million Office of Court Administration contract with WDF Inc. to construct the NYC …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-announces-state-contract-payment-actions-march-2014Opinion 90-22
… AND DISTRIBUTION -- Public Water Systems (necessity to pay interest on consumer deposits) MUNICIPAL FUNDS -- … utility is not required by Public Service Law, §117 to pay interest on consumer deposits at the rate fixed by the … not required by section 117 of the Public Service Law to pay interest on consumer deposits. Public Service Law, §117 …
https://www.osc.ny.gov/legal-opinions/opinion-90-22Retirement at Age 62 With Less Than 20 Years of Service – Article 14 Benefits
… Security Benefit Reduction $22,680 − $6,000 = $16,680 Total Annual Benefit — No Escalation Filing Your Application … for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/retirement-age-62-less-20-years-serviceOffice of Temporary and Disability Assistance SSP Payments Made to State Employees
… Security Administration (SSA), the Welfare Management System – the State’s repository of recipient information for …
https://www.osc.ny.gov/state-agencies/audits/2018/01/09/office-temporary-and-disability-assistance-ssp-payments-made-state-employeesState Agencies Bulletin No. 1032
… 4/1/10. Effective Date(s) Payments will be processed in paychecks dated 12/16/10 (Institution) and 12/22/10 … to $80 for a full time employee and $40 for an employee on Sick Leave at 50% pay. OSC Actions OSC will automatically … an increase. For eligible employees who have worked in more than one (1) agency and have been paid by all …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1032-retroactive-increase-guaranteed-pre-shift-briefing-minimum-employeesLeaves of Absence – En-Con Police Officers Plan
… Tier 1 members receive full credit for sick leave at half pay; Tier 2, 3, 5 and 6 members receive half … not given for: Leaves of absence without pay; Authorized, unpaid medical leaves of absence; or Unpaid leave under the …
https://www.osc.ny.gov/retirement/publications/1822/leaves-absenceWho Is Responsible? – Improving the Effectiveness of Your Claims Auditing Process
… the few control procedures that is often executed directly by the governing board. Having the board audit claims is a … a strong claims auditing function and, where allowable by law, have chosen to delegate their responsibility for …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/who-responsibleCity of Watertown – Sexual Harassment Prevention Training (S9-23-3)
… action. Appendix B includes our comment on an issue raised in the City’s response letter. … audit watertown city …
https://www.osc.ny.gov/local-government/audits/city/2023/09/01/city-watertown-sexual-harassment-prevention-training-s9-23-3Adjustment Report Template
A sample of the Adjustment Report, used if you need to correct a member’s salary (earnings) or days worked.
https://www.osc.ny.gov/files/retirement/employers/excel/adjustment-report-template.xlsDetails About the Audit Process
… of audit development, from the earliest stages to the final report. It describes what auditors look for and their … as obstruction and lack of cooperation be disclosed in the final public audit report. Back to Top Shared Commitment We … standard reporting procedures for preliminary, draft, and final reports, including the need for responses Auditee …
https://www.osc.ny.gov/state-agencies/audits/details-about-audit-processXI.10 Third Party Contracting - Contracting "for" the State – XI. Procurement and Contract Management
… A Third Party Contract is one in which a state agency enters into a contract with another entity (the … use of the State Contractor is specifically provided for by law. It is important to emphasize that most third-party …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi10-third-party-contracting-contracting-state