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Town of North Salem - Agricultural Exemptions (2018M-194)
… is properly administering agricultural real property tax exemptions. Key Findings The Assessor: Granted four … Determine whether the Town Assessor Assessor is properly administering agricultural real property tax exemptions …
https://www.osc.ny.gov/local-government/audits/town/2019/04/12/town-north-salem-agricultural-exemptions-2018m-194DeRuyter Central School District - Information Technology (2019M-175)
… District officials ensured students’ personal, private and sensitive information (PPSI) was adequately protected from unauthorized access, use and loss. Key Findings District officials did not: Limit or monitor employees’ personal Internet browsing and their use of social media on District computers. Provide …
https://www.osc.ny.gov/local-government/audits/school-district/2019/12/13/deruyter-central-school-district-information-technology-2019m-175County of Oswego Industrial Development Agency – Revolving Loan Programs (2014M-356)
… Purpose of Audit The purpose of our audit was to evaluate the Agency’s revolving loan fund programs for the … is an independent public benefit corporation created to promote, develop, encourage and assist in acquiring, … Agency’s revolving loans, financed with its own funds, are not authorized by statute. The Agency has no formal process …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2015/04/28/county-oswego-industrial-development-agency-revolving-loanOrdinary Death Benefit – En-Con Police Officers Plan
… and have completed at least one year of service since last joining the Retirement System; or Tier 2, 3, 5 or 6 … and have completed at least 90 days of service since last joining the Retirement System; and Your death occurs: … may be extended for an additional two years) following the last date you were paid on the payroll, provided your …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-death-benefitCalculating the Maximum Amount Eligible for Amortization or the Graded Payment – Contribution Stabilization Program
… a System average rate that does not include employer Group Term Life Insurance (GTLI) owed that fiscal year. Then, the Actuary: …
https://www.osc.ny.gov/retirement/employers/csp/calculating-maximum-amount-eligible-amortization-or-graded-paymentNew Rochelle City School District – Information Technology (2021M-142)
Determine whether New Rochelle City School District (District) officials established adequate controls over network and financial application user accounts to prevent unauthorized access, use and/or loss.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/new-rochelle-2021-142.pdfApplying for Benefits – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members
… Plan with Guaranteed Benefits information for ERS Tier 2 members under Sections 75d and 75e Applying for Benefits …
https://www.osc.ny.gov/retirement/publications/1507/applying-benefitsApplying for Benefits – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 1 Members
… NonContributory Plan with Guaranteed Benefits information for ERS Tier 1 members …
https://www.osc.ny.gov/retirement/publications/1502/applying-benefitsNYS Common Retirement Fund Reports Third Quarter Results
… quarter of the State Fiscal Year (SFY) 2021-22 was 4.74% for the three-month period ending Dec. 31, 2021, according to … and their beneficiaries continue to have secure pensions for generations to come.” The Fund's estimated value reflects … third quarter of the State Fiscal Year SFY 202122 was 474 for the threemonth period ending Dec 31 2021 according to New …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsDivorce – Article 14 Benefits
… must be stated in the form of a Domestic Relations Order (DRO) if we are to pay a portion of your pension to your ex-spouse. A DRO gives us specific direction on how your retirement … becomes final. An exception is if the terms of a DRO specify otherwise. Beneficiary designations may be …
https://www.osc.ny.gov/retirement/publications/1644/divorceFinal Average Salary – Article 14 Benefits
… is based on your years of credited service and your final average salary (FAS). FAS is the average of the wages …
https://www.osc.ny.gov/retirement/publications/1644/final-average-salaryNYS Common Retirement Fund Announces Third Quarter Results
… The New York State Common Retirement Fund's (Fund) overall return in the third quarter of the state fiscal year … equity (7.6 percent), real estate (6.5 percent), absolute return strategies (2.6 percent) and opportunistic … The New York State Common Retirement Funds Fund overall return in the third quarter of the state fiscal year 20172018 …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Reports Third Quarter Results
… The Fund's estimated value reflects benefits of $8.5 billion paid out during the first three quarters of … The Fund’s audited value as of the March 31, 2018 close of last fiscal year was $207.4 billion. As of December 31, 2018, … by allocation are invested in cash, bonds and mortgages (26.5 percent), private equity (9.5 percent), real estate and …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsOrdinary Death Benefit – Regional State Park Police Plan
… first $50,000 of this benefit is paid in the form of group term life insurance, which is currently exempt from federal income … last year’s earnings, multiplied by your years of service credit, up to 36 years. Ordinary Death Benefit — Tiers 2, 3, …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitOverview – Coordinated Plan for ERS Tier 6 Members
… Coordinated Plan information for ERS Tier 6 members under Article 15 Disability Retirement …
https://www.osc.ny.gov/retirement/publications/1530/overview-0Tier Status – Coordinated Plan for ERS Tier 6 Members
Coordinated Plan information for ERS Tier 6 members under Article 15 Contributing Toward Your Retirement
https://www.osc.ny.gov/retirement/publications/1530/tier-statusOverview – Coordinated Plan For ERS Tier 5 Members
Coordinated Plan information for ERS Tier 5 members under Article 15 Disability Retirement Benefits Overview
https://www.osc.ny.gov/retirement/publications/1523/overviewNYS Common Retirement Fund Announces Third Quarter Results
… toward consistently achieving long term results but we watch the markets closely to capitalize on emerging …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: Georgia Woman Allegedly Stole Over $450K in NYS Pension and Social Security Payments
… this joint effort, one more person who believed they could game the system has been caught and will be prosecuted.” “For … who had worked for the State Insurance Fund from 1985 until her retirement in 2005. She subsequently moved to … NYSLRS and SSA continued to deposit funds into the account until early 2021. Smith knew exactly when those benefits …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-georgia-woman-allegedly-stole-over-450k-nys-pension-and-social-security-paymentsComptroller DiNapoli and A.G. Schneiderman Announce Conviction of Atlanta, Ga Resident in Pension Fraud Case
… Schneiderman today announced the conviction and sentence of Richard L. Cook, III, 58, a resident of Atlanta, GA, for the crime of Grand Larceny in the Third … over $204,000 in state pension benefits issued to his deceased mother. As part of his guilty plea in January 2016, …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-atlanta-ga-resident-pension-fraud-case