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DiNapoli: State Faces $34.3 Billion Cumulative Budget Gap Through State Fiscal Year 2029
… seen since the Global Financial Crisis of 2009, according to State Comptroller Thomas P. DiNapoli’s report on the State … 2026 Executive Budget Financial Plan, and is attributable to downward revisions to the economic forecast and projected revenues, as well as …
https://www.osc.ny.gov/press/releases/2025/08/dinapoli-state-faces-343-billion-cumulative-budget-gap-through-state-fiscal-year-2029Operational Advisory No. 29
… expense, and SSP checks that are returned and/or need to be reissued. The reason for these changes is to increase efficiencies and reduce the time required for … Department of Taxation and Finance (DTF) Treasury and OSC to process stop payment requests for checks. Effective July …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/29-gfo-updates-reissuing-or-cancelling-refund-vendor-employee-expense-or-sspState Agencies Bulletin No. 1943
… Purpose The purpose of this bulletin is to provide agencies the process for reporting hours of paid leave used by employees to obtain the COVID-19 immunization under the American Rescue … 2021. Affected Employees Employees utilizing paid leave to obtain COVID-19 immunization, subject to certain …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1943-covid-19-vaccination-leave-under-2021-american-rescue-plan-act-arpaCUNY Bulletin No. CU-712
… Purpose The purpose of this bulletin is to inform all agencies of the upcoming rollover of the chart of accounts strings mapped to the position pools in PayServ. Affected Employees All CUNY employee records will be affected. Background To correctly calculate the charges for the split payroll for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-712-new-york-state-payroll-system-payserv-cuny-fiscal-year-endPayroll Improvement Project Bulletin No. PIP-006
… Purpose The purpose of this bulletin is to notify agencies of the timeline for activities that will impact agencies related to the Payroll Improvement Project. Affected Employees All … PayServ users are affected. Background OSC is preparing to upgrade PayServ from PeopleSoft version 9.1 to version …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-006-payroll-improvement-project-agency-timelineOpinion 91-43
… St Comp, 1978, p 6, and 1990 Opns St Comp, No. 90-21, p 50. You suggest that the two are inconsistent. In Opn 90-21, … 34 Opns St Comp 1978 p 6 and 1990 Opns St Comp No 9021 p 50 …
https://www.osc.ny.gov/legal-opinions/opinion-91-43XV.4.A Reconciling Prior Fiscal Year Credit Card Charges – XV. End of Year
… – Paying and Reconciling State Credit Card Charge of this Guide SFS Coach for Job Aids, as well as SFS's Quick Start … from the SFS home page after logging in with your SFS user ID and password. If a Business Unit hosted by the Office … designated BSC liaison to assist them with this process. Guide to Financial Operations REV. 01/06/2020 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xv/xv4a-reconciling-prior-fiscal-year-credit-card-chargesCUNY Bulletin No. CU-741
… Purpose: The purpose of this bulletin is to inform all agencies of the upcoming rollover of the chart of accounts strings mapped to the position pools in PayServ. Affected Employees: All … employee records will be affected. Background: In order to correctly calculate the charges for the split payroll for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-741-new-york-state-payroll-system-payserv-cuny-fiscal-year-endUnified Court System Bulletin No. UCS-266.4
… Purpose To provide the Unified Court System with an updated list of … and dues transactions via electronic file submissions to OSC Affected Employees Courts employees who are seeking to initiate or terminate deductions for union dues Background …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-2664-updated-procedures-initiating-or-terminating-payrollDiNapoli: Albany Woman Pleads Guilty: Second Defendant Indicted for Stealing More than $230,000 from Elderly Pensioner
… $230,000 from an elderly victim. “Forcing an elderly man to live in squalor in order to take advantage of him and steal his hard earned pension … Police and the Schodack Police Department for partnering to ensure that justice is served for the people who committed …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-albany-woman-pleads-guilty-second-defendant-indicted-stealing-more-230000-elderly-pensionerLife Changes: What If I Leave Public Employment?
… Thomas P. DiNapoli We all change jobs from time to time, and sometimes those changes include leaving public employment. As a NYSLRS member, it’s important to know your options if you do leave public employment or go on an extended leave of absence. I encourage you to take the time to read this guide because your membership …
https://www.osc.ny.gov/retirement/publications/life-changes-what-if-i-leave-public-employmentParticipation in the Program – Contribution Stabilization Program
… before you submit a form to participate in this program. Withdrawing from the Program A new law enacted in April 2023 … in the CSP. If you have a reserve fund balance after withdrawing from the CSP, your balance will be automatically …
https://www.osc.ny.gov/retirement/employers/csp/participation-programXII.5.A Selecting the Appropriate Voucher Style – XII. Expenditures
… style. Adjustment Voucher Used for entering refunds owed to the State processed via a vendor check or credit memo, or relating one voucher to another. As with all invoices, credit memos must be … upon receipt. SFS will automatically apply credit memos to future vendor payments. Accounting will be applied to the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5a-selecting-appropriate-voucher-styleTravel Advisory No. 4
… in the Statewide Financial System (SFS) will be updated to make the following fields mandatory on the expense report … The implementation of these mandatory fields is expected to coincide with the SFS Summer Release scheduled for Monday, August 21, 2017. To prepare for implementation, all expense reports submitted …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/4-expense-report-mandatory-header-fieldsAvoiding a Rejected DRO – Divorce and Your Benefits
… NYSLRS, as a governmental plan, has discretion to reject … or contradictory provisions, or are contradictory to plan requirements or New York State law, will be rejected. …
https://www.osc.ny.gov/retirement/members/divorce/avoiding-rejected-droXIV.3.C Distribution of STIP Investment Earnings – XIV. Special Procedures
… of the STIP investment earnings (STIP interest) to participating funds is governed by §98-a of the State … income received on any moneys invested “shall be credited to the fund or funds from which such moneys were invested, … is hereby precluded from crediting interest earnings to funds which: Are funded entirely from the general fund; or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3c-distribution-stip-investment-earningsPayroll Improvement Project Bulletin No. PIP-009
… Purpose The purpose of this bulletin is to notify agencies of the approach to Agency Testing and Training; the Agency Testing Schedule ; the information that will be used to measure readiness; and the resources available for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-009-agency-testing-and-trainingOpinion 2005-8
… in the opinion. AMBULANCE SERVICE -- Fees (imposition of to generate revenue in excess of cost) CITIES -- Fees (for … emergency medical transport services in an amount designed to generate revenue in excess of the cost of providing such … a paid city fire department, in an amount that is designed to generate revenue in excess of the projected cost of …
https://www.osc.ny.gov/legal-opinions/opinion-2005-8Fund's Mission, Values and Investment Philosophy
… Our Mission To provide our beneficiaries with a secure pension through prudent asset management. Our Vision To be a high-performing organization with exceptional people … ethics and investment management. Core values We commit to living these values every day: Performance We expect and …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyDiNapoli Op-Ed: New York Should Opt Into Public Financing of Elections
… The Albany Times Union today, urging the state Legislature to pass comprehensive campaign finance reform in New York, … of political campaigns. I’d even pushed my own legislation to start with the State Comptroller’s office. But now I was … fighting for this change were outraged and encouraged me to reject it. In the end, I agreed with the advocates and …
https://www.osc.ny.gov/press/releases/2015/08/dinapoli-op-ed-new-york-should-opt-public-financing-elections