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DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… state pension fund rode the market rebound from the depths of the pandemic and enjoyed the largest one-year investment … paid out during the fiscal year. Employer contribution rates are determined by investment results over a multi-year … along with numerous other actuarial assumptions, including wage growth, inflation, age of retirement and mortality. …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyCUNY Bulletin No. CU-679
… Purpose The purpose of this bulletin is to explain the agency procedures for … 2018, and November 1, 2019. Eligibility Criteria General Wage Increase CUNY employees represented by Service Employees … hired before August 1, 2006 will be paid at the new salary rates. Any Auto Mechanics (CUNY) hired on or after August 1, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-679-cuny-skilled-trade-auto-mechanic-retroactive-raisesCUNY Bulletin No. CU-658
… Purpose The purpose of this bulletin is to explain the agency procedures for … provides for a retroactive increase to the hourly rates effective 04/29/2017, 04/29/2018, and 05/29/2019. The … paychecks dated 10/24/2019. Eligibility Criteria General Wage Increase - CUNY employees represented by District …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-658-cuny-retroactive-salary-rate-increases-locksmithsComptroller DiNapoli Releases State Audits
… today the following audits have been issued: Department of Agriculture and Markets: Annual Assessment of Market … of the overpayments identified. Department of Labor (DOL): Wage Theft Investigations (Follow-Up) (2015-F-9) In an … that 753 hotel stays exceeded the government lodging rates established by the General Services Administration …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-state-auditsThe Changing Face of Post-Pandemic New York City
… and after the COVID-19 pandemic are changing the face of New York City and highlight significant policy … however, as the pandemic waned. In addition, the median wage of those who moved into the city that year was $51,000, … after a decade of increases, but did so at varying rates. White and Black populations in the city fell 6.7% and …
https://www.osc.ny.gov/press/releases/2023/12/changing-face-post-pandemic-new-york-cityState Agencies Bulletin No. 1256
… Purpose On March 16, 2012, Chapter 18 of the laws of 2012 was enacted into law, and amends portions … contribution rate to be based on the employees’ annual wage. The employee contribution rates are: Annual Wage Contribution Rate $45,000 or less 3% …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1256-new-tier-vi-voluntary-defined-contribution-retirement-programDiNapoli Releases Economic Snapshot of Long Island Highlighting Growth and Challenges
… Many of Long Island’s 2.8 million residents enjoy a high quality of life, marked by low unemployment, low crime rates, strong public schools and infrastructure improvements, … are above the regional average. The average annual wage on Long Island in 2017 was $60,084, second only to New …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-releases-economic-snapshot-long-island-highlighting-growth-and-challengesAccounts Payable Advisory No. 47
… Subject : New dollar threshold requirements for the use of a purchase order (PO) and the procurement card (PCard). … Agencies are required to use a PO for all single purchases of $10,000 or more from any vendor that has a classification as a “procurement supplier” in the NYS vendor …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/47-purchase-orders-and-procurement-card-useArea #3 – Computer Hardware, Software, and Data Inventories – Information Technology Governance
… and data. The information maintained for each piece of computer hardware should include a description of the item … internal controls can be established and monitored. Data classification is the process of assigning data to a category … or a local government’s or school’s policies predefine the classification of each data type. Here is an example of a …
https://www.osc.ny.gov/local-government/publications/it-governance/area-3-computer-hardware-software-and-data-inventoriesState Agencies Bulletin No. 2093
… Purpose The purpose of this bulletin is to provide agencies with instructions to … No. 1256 ) Effective April 2013, employee contribution rates are to be based on an employee’s annual wage as required by legislation. Once a Tier 6 member has …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2093-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdcCUNY Bulletin No. CU-662
… Purpose The purpose of this bulletin is to explain the agency procedures for … provides for a retroactive increase to the hourly rates effective 02/27/2017, 02/27/2018, and 03/27/2019. The … paychecks dated 11/07/2019. Eligibility Criteria General Wage Increase CUNY employees represented by City Employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-662-cuny-retroactive-salary-rate-increases-cement-masonsState Agencies Bulletin No. 2085
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the December 2022 minimum wage increases for hourly employees and provide instructions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2085-december-2022-increase-minimum-wageOperational Advisory No. 36
… – Postage/Shipping account codes Guidance : The Office of the State Comptroller (OSC) has updated the guidance for the use of account codes 55203, Postage and 55220, Shipping. Account … Service budget account category to reflect the proper classification and treatment in the Statewide Financial …
https://www.osc.ny.gov/state-agencies/advisories/operational-advisory/36-gfo-updates-postageshipping-account-codesLease Classification Changes as Required by GASB Statement No. 87
This bulletin explains the GASB’s new definition of a lease (including outlining the types of leases that are excluded by this new standard) and an explanation of what a lease term is per Statement 87.
https://www.osc.ny.gov/files/local-government/publications/pdf/lease-classification-changes-required-by-gasb-statement-87.pdfSUNY Bulletin No. SU-354
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the January 2024 minimum wage increases for hourly employees and provide instructions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-354-january-2024-increase-minimum-wage-employees-stateSecurity Over Critical Information Systems (Follow-Up)
… Purpose To determine the extent of implementation of the two recommendations included in our initial audit … its critical systems, such as completing a full data classification process, adopting adequate information …
https://www.osc.ny.gov/state-agencies/audits/2018/11/13/security-over-critical-information-systems-followCUNY Bulletin No. CU-692
… Purpose The purpose of this bulletin is to provide agency instructions for … The agreement provides for an increase of hourly rates effective August 1, 2020. The revised Rate Chart and … dated November 19, 2020. Eligibility Criteria General Wage Increase CUNY employees represented by the NYC District …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-692-cuny-salary-retroactive-rate-increases-carpenters-andSUNY Bulletin No. SU-291
… Purpose The purpose of this bulletin is to inform campuses of OSC’s automatic processing of the December 2019 minimum wage increases for hourly employees and provide instructions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-291-december-2019-minimum-wage-increase-hourly-employeesSUNY Bulletin No. SU-369
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the January 2025 minimum wage increases for hourly employees and provide instructions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-369-january-2025-increase-minimum-wage-employees-stateGraded Rates – Contribution Stabilization Program
… The increase or decrease in the Retirement System graded rates depends on the gap between the System average rate and … rate will increase/decrease by 1 percent in the direction of the System average rate. If the gap is less than 1 … rate will be set to the System average rate. Note: Graded rates are calculated based on a System average rate that does …
https://www.osc.ny.gov/retirement/employers/csp/graded-rates