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Additional Benefits after 25 Years (Sections 384[f], [g] and [h]) – Special 20- and 25-Year Plans
… have three months from the date it is offered to retire and receive the additional benefit. Once you’ve opted in, you … year of creditable service beyond 25. For Tier 2, 3, 5 and 6 members, the maximum benefit is 61.67 percent of your … of 32 years). If you are age 55 or older at retirement and your regular plan would provide a greater benefit, the …
https://www.osc.ny.gov/retirement/publications/1517/additional-benefits-after-25-years-sections-384f-g-and-hCohoes Public Library – Governance and Operations (2015M-259)
… provided adequate oversight of the Library’s operations for the period January 1, 2014 through December 31, 2014. … nine-member Board of Trustees. Budgeted appropriations for 2014 were approximately $242,000. Key Findings The Board … not audit and approve claims prior to them being processed for payment by the City. Key Recommendations Ensure the …
https://www.osc.ny.gov/local-government/audits/library/2016/04/01/cohoes-public-library-governance-and-operations-2015m-259New NY Broadband Program (Follow-Up)
… of implementation of the three recommendations included in our initial audit report, New NY Broadband Program (Report … Yorkers. The New NY Broadband Program (Program)—launched in 2015 and managed by the Broadband Program Office (BPO), a … Development (ESD)—focused on closing the digital divide in the State. The Program was designed to ensure that every …
https://www.osc.ny.gov/state-agencies/audits/2024/09/25/new-ny-broadband-program-followDiNapoli: Oversight of Supportive Housing Falls Short
… ultimate goal is to ensure clients get permanent housing. In many cases, OMH hires outside contractors to provide and … provides housing and services for up to 725 clients in apartments in Brooklyn, the Bronx, Queens and Manhattan. DiNapoli’s …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-oversight-supportive-housing-falls-shortDiNapoli: Great Demand For NYS General Obligation Bonds Allows State to Reduce Costs to Taxpayers
… times the amount of bonds offered, which allowed the State to reduce yields in many maturities. Ultimately, retail … said DiNapoli. “This buoyant demand allowed the state to reduce yields offered, and hence reduce costs for … along with Ramirez & Co., Inc. as Co-Senior Manager, to sell the bonds on behalf of the State. Co-Managers …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-great-demand-nys-general-obligation-bonds-allows-state-reduce-costs-taxpayersDiNapoli Op-Ed: Act on Proposal to Help State & Local Governments Pay for Retiree Health Care
… are mounting. While public employers in New York annually pay contributions to pre-fund pensions, the same does not … retiree health insurance. The state and local governments pay the bill for health insurance every year on a pay-as-you-go-basis, which means that current taxpayers are …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-op-ed-act-proposal-help-state-local-governments-pay-retiree-health-careMedicaid Program - Overpayments for Services Also Covered by Medicare Part B (2012-S-27), 90-Day Response
To determine if the Department of Health overpaid health care providers for Medicaid claims for Medicare Part B coinsurance.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2012-12s27-response.pdfMedicaid Program - Overpayments for Services Also Covered by Medicare Part B (2012-S-27)
To determine if the Department of Health overpaid health care providers for Medicaid claims for Medicare Part B coinsurance.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2012-12s27.pdfDunkel Felony Complaint
Criminal complaint for the arrest of Department of Health (DOH) contractor George Dunkel for stealing more than $87,000.
https://www.osc.ny.gov/files/press/pdf/dunkel-felony-complaint.pdfDiNapoli: NYC Faces Unprecedented Fiscal and Economic Challenges
… will need to make hard choices to ensure budget balance in the current fiscal year and to close next year’s budget gap.” More than 944,000 jobs were lost in March and April, the largest job loss since the Great … rate, which had fallen to a record low of 3.4 percent in February 2020, shot up to 20.4 percent in June, the …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-nyc-faces-unprecedented-fiscal-and-economic-challengesThe Network for Children’s Speech, Occupational & Physical Therapy, LLC – Compliance With the Reimbursable Cost Manual
… To determine whether the costs reported by The Network for Children’s Speech, Occupational & Physical Therapy, LLC … adequately documented, and allowable under the State Education Department’s (SED) guidelines, including the … $10,067 in overallocated expenses due to inappropriate allocation methods, and $2,286 in other ineligible expenses. …
https://www.osc.ny.gov/state-agencies/audits/2018/07/03/network-childrens-speech-occupational-physical-therapy-llc-compliance-reimbursable-costMedicaid Program – Improper Medicaid Payments Involving Fee-for-Service Claims for Recipients With Multiple Client Identification Numbers
… Numbers (CINs) where at least one CIN was enrolled in fee-for-service. The audit covered the period from January 1, … Department of Health (Department) uses two methods to pay for Medicaid services: fee-for-service (FFS) and managed care. Under the FFS method, the …
https://www.osc.ny.gov/state-agencies/audits/2020/09/17/medicaid-program-improper-medicaid-payments-involving-fee-service-claims-recipientsOverview – State Correction Officers and Security Hospital Treatment Assistants Plan
… Officers and Security Hospital Treatment Asst Plan info for ERS Tier 3 5 and 6 members under Article 14CO Final …
https://www.osc.ny.gov/retirement/publications/1526/overviewMore About This Retirement Plan – State Correction Officers and Security Hospital Treatment Assistants Plan
… Officers and Security Hospital Treatment Asst Plan info for ERS Tiers 3 5 and 6 members under Article 14CO About This …
https://www.osc.ny.gov/retirement/publications/1526/more-about-retirement-planWorld Trade Center Presumption – State Correction Officers and Security Hospital Treatment Assistants Plan
… Officers and Security Hospital Treatment Asst Plan info for ERS Tier 3 5 and 6 members under Article 14CO World Trade …
https://www.osc.ny.gov/retirement/publications/1526/world-trade-center-presumptionProgress Report on Climate Action Plan - July 2023
The Climate Action Plan Progress Report for the New York State Common Retirement Fund highlights the Fund’s recent efforts to address climate risks and opportunities.
https://www.osc.ny.gov/files/reports/special-topics/pdf/progress-report-climate-action-plan-2023.pdfProgress Report on Climate Action Plan - April 2021
The Climate Action Plan Progress Report for the New York State Common Retirement Fund highlights the Fund’s recent efforts to address climate risks and opportunities.
https://www.osc.ny.gov/files/reports/special-topics/pdf/progress-report-climate-action.pdfReview of the Financial Plan of the City of New York - June 2018
The City of New York released a modification to its financial plan for FY 2018 and a new four-year financial plan covering fiscal years 2019 through 2022.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-2-2019.pdfProgress Report on Climate Action Plan - July 2022
The Climate Action Plan Progress Report for the New York State Common Retirement Fund highlights the Fund’s recent efforts to address climate risks and opportunities.
https://www.osc.ny.gov/files/reports/special-topics/pdf/progress-report-climate-action-plan-2022.pdfThe Securities Industry in New York City - October 2019
Despite slower global economic growth and trade tensions, pretax profits for the securities industry grew by nearly 11 percent in the first half of 2019,.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-9-2020.pdf