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DiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… The New York State Common Retirement Fund (Fund) is committing another $350 million to two … funded plans in the nation. … The New York State Common Retirement Fund Fund is committing another $350 million to …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesContract Award and Performance (2013-S-45)
To determine whether the New York State Energy Research and Development Authority (NYSERDA) awarded procurement contracts according to prescribed policies
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-13s45.pdfOpinion 92-6
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … any pertinent provisions. Further, the courts of this State have held public officials to a high standard of …
https://www.osc.ny.gov/legal-opinions/opinion-92-6Village of Sackets Harbor – Budgeting and Financial Management (2020M-28)
Determine whether the Board and Village officials developed realistic budgets and longterm financial plans
https://www.osc.ny.gov/local-government/audits/village/2020/07/02/village-sackets-harbor-budgeting-and-financial-management-2020m-28NYS Common Retirement Fund Announces Third Quarter Results
… The New York State Common Retirement Fund's (Fund) overall return … with an estimated value of $209.1 billion, according to New York State Comptroller Thomas P. DiNapoli. "A strong … to increase accountability and transparency. About the New York State Common Retirement Fund The New York State …
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 New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsState Agencies Bulletin No. 1771
… after the December 27, 2019 (Inst) or January 3, 2020 (Admin) deadline will be affected. Effective Date(s) … had use of the funds (constructive receipt). As a result, when an AC230 is received after the December 27, 2019 (Inst) … and/or Undeliverable New York State Payroll Checks), was created as a tool for agencies to identify outstanding …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1771-processing-2019-salary-refunds-received-osc-after-december-27-2019-instState Agencies Bulletin No. 1603
… instructions for processing the 2017 CSEA and PEF Over40 Comp Time II Cash Out. Affected Employees Employees in the … units who have opted to participate in the Over40 Comp Time II program: Administrative Services BU02 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1603-2017-csea-and-pef-over40-comp-time-ii-cash-outEDSS - Procurement Record Help
… Limited Funding, Other. What information am I required to enter to create a new Procurement Record or to … Procurement Record was not submitted through EDSS, can I submit an amendment to that Procurement Record through … Procurement Record not originally submitted through EDSS, where do I find the “Procurement Number” field? You will find …
https://www.osc.ny.gov/state-agencies/contracts/edss-procurement-record-helpVillage of Penn Yan – Water Treatment Plant Overtime (2025M-6)
… if implemented, would assist the Board of Trustees (Board) in containing excessive amounts of overtime being charged to … action. Appendix C includes our comment on an issue raised in the Village’s response. … Determine whether Village of …
https://www.osc.ny.gov/local-government/audits/village/2025/07/25/village-penn-yan-water-treatment-plant-overtime-2025m-6State Agencies Bulletin No. 300
… To advise agencies of changes in withholding allowances and maximum Social Security Tax. Affected Employees All employees. Effective …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/300-changes-federal-income-tax-withholding-tables-earned-income-tax-creditsState Agencies Bulletin No. 835.1
… using the Action/Reason code of PAY/NSG (Pay Rate Change/NS to Grade) for all rows requiring a salary correction on … be changed, the Action/Reason code of DTA/NSG (Data Change/NS to Grade) must be submitted. Qualifying hours used to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/8351-new-promotion-method-calculating-salaries-employees-upon-movement-civilTown of Butternuts – Disbursements (2021M-62)
… process and exceeded its authority under New York State Town Law (Town Law) by authorizing insurance claims and … The Board also exceeded its authority under New York State General Municipal Law (GML) by allowing a third-party …
https://www.osc.ny.gov/local-government/audits/town/2021/08/06/town-butternuts-disbursements-2021m-62Town of Corning – Procurement (2020M-93)
… A one year mowing contract was awarded for $26,000 to a company owned by a Board member’s sons even though the … awarding the contract to a higher bidder, they did not do so. Key Recommendations Obtain the required number of quotes … or proposals for purchases, when required, and preserve this documentation. Revise the procurement policy to provide …
https://www.osc.ny.gov/local-government/audits/town/2020/12/04/town-corning-procurement-2020m-93DiNapoli: Former Le Roy Fire Dept Treasurer Pleads Guilty in $46,000 Theft of Public Funds
… nearly $46,000 in public funds, much of which he spent on gambling at upstate casinos, according to audits and an … the second degree. He will be sentenced on February 13 and is expected to pay restitution for the thefts, which took … DiNapoli's investigation found that Snow was actively gambling during this time and that he used funds from …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-former-le-roy-fire-dept-treasurer-pleads-guilty-46000-theft-public-fundsPartial Lump Sum Payment – State Police Plan
… can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit … retirement, review and select your pension payment and PLS options online using Retirement Online . If you file for … when various percentages become available. Your Single Life Allowance will be reduced by the percentage of the PLS …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-paymentPartial Lump Sum Payment – Special 20- and 25-Year Plans
… can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS payment, your monthly benefit … retirement, review and select your pension payment and PLS options online using Retirement Online . If you file for … when various percentages become available. Your Single Life Allowance will be reduced by the same percentage as the …
https://www.osc.ny.gov/retirement/publications/1517/partial-lump-sum-paymentDiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) estimated … state pension fund rode the market rebound from the depths of the pandemic and enjoyed the largest one-year investment … percent). The Fund’s long-term expected rate of return is 6.8 percent. Historic Fund Returns and Value Fund’s value …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyDiNapoli: Audit Finds Major Shortcomings in Oversight of School Safety Planning
… needs to improve its efforts to ensure school districts are following state requirements for school safety planning, … Act were being met by school districts. For instance, many of the school districts the auditors visited could not … Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-audit-finds-major-shortcomings-oversight-school-safety-planningState Agencies Bulletin No. 944
… employees for whom the Retirement Plan checkbox in Box 13 on the 2009 Form W-2 should not be checked. Background IRS … retired prior to 2009. The Retirement Plan checkbox on this employee’s Form W-2 should not be checked. Inaccurate reporting may have monetary tax consequences for affected employees. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/944-retirement-plan-checkbox-form-w-2-wage-and-tax-statement