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About the Common Retirement Fund – What Every Employer Should Know
… As a NYSLRS stakeholder, it is important for you to be familiar with the Common Retirement Fund (Fund), which holds and invests the money used to pay NYSLRS benefits. New York … income of NYSLRS in a single unified investment program. For the fiscal year ended March 31, 2022, the fiduciary net …
https://www.osc.ny.gov/retirement/employers/partnership/about-common-retirement-fundEligibility, the Benefit and Filing – Career Plan
… service.) Filing Your Application for Service Retirement (RS6037) must be on file with the Office of the State …
https://www.osc.ny.gov/retirement/publications/1642/eligibility-benefit-and-filingEligibility, the Benefit and Filing – New Career Plan
… service. Filing Your Application for Service Retirement (RS6037) must be on file with the Office of the State …
https://www.osc.ny.gov/retirement/publications/1515/eligibility-benefit-and-filingEstablishing the Standard Work Day – Enhanced Reporting
… SWD. Use our Standard Work Day Resolution for Employees form (RS2418) . ( Here is an example .) A SWD must be … Reporting Resolution for Elected and Appointed Officials form (RS2417-A) . ( Here is an example .) For more …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/establishing-standard-work-dayXII.5.D Selecting the Appropriate Location – XII. Expenditures
… clarification. There are instances where the OSC Vendor Management Unit will create Locations for a specific use. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5d-selecting-appropriate-locationOversight of the Farm-to-School Program
… 21 (of 45) Program contracts totaling approximately $2.27 million, of which $1.71 million had been expended as of … paid or were not authorized under the contract. Further, 19 of the 21 contracts we reviewed had missing, late, and/or …
https://www.osc.ny.gov/state-agencies/audits/2021/04/19/oversight-farm-school-programEstablishing the Standard Work Day – Legacy Reporting
… represent the amount of time per day a full-time employee in that title would be required to work. You must establish a … drivers, etc.), even if you only have part-time employees in that title or the title is vacant. You may establish …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/establishing-standard-work-dayState Contracts by the Numbers
View breakdown of State contracts by agencyauthority or type
https://www.osc.ny.gov/state-agencies/contracts/by-the-numbersIII.3 Scope of the SFS – III. Statewide Financial System (SFS)
… The scope of the Statewide Financial System (SFS) includes … the New York State Financial Cycle as previously outlined in Chapter II New York State Financial Accounting: Establish … plans; and Evaluate financial performance against plans. In the establish control phase, the SFS records the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iii/iii3-scope-sfsCompliance With the Clery Act
… for students and their families. To address this concern, in 1990, Congress enacted the Clery Act, which requires … Act requires all public and private colleges participating in federal Title IV student financial aid programs to prepare … (DoE) annually. SUNY, the largest public university system in the United States, consists of 29 State-operated colleges, …
https://www.osc.ny.gov/state-agencies/audits/2014/08/22/compliance-clery-actAbout the Record of Activities – Reporting Elected and Appointed Officials
… to complete an ROA? One of our appointed officials does not have a term of office. Can I leave the current term … with another public employer, already receives full-time service credit from that employer. I report four days of … a standard work day for an official who participates in a time-keeping system? Is travel time considered …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/about-record-activitiesEnroll in the VendRep System
… reviewing a Vendor Responsibility Questionnaire, you must enroll your business or State contracting entity in the … to get started: Go to our Online Services Portal Select “Enroll Now” Select “Business” and then select “Start … for next steps. State contracting entities Before you can enroll, you must first file the following form with our …
https://www.osc.ny.gov/state-vendors/vendrep/enroll-vendrep-systemViolating the Terms of a DRO – Divorce and Your Benefits
NYSLRS pensions are considered marital property and may be divided when a marriage ends Guide to Domestic Relations Orders Violating a DRO
https://www.osc.ny.gov/retirement/members/divorce/violating-terms-droCity of Long Beach – Budget Review (B17-7-9)
… the significant revenue and expenditure projections in the City’s proposed budget for the 2017-18 fiscal year are … and certain other funds as of June 30, 2012. Local Finance Law requires all municipalities that have been authorized to … in accordance with legal requirements based on the initial budget vote date of May 23. City officials …
https://www.osc.ny.gov/local-government/audits/city/2017/05/11/city-long-beach-budget-review-b17-7-9Opinion 96-16
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion … moneys received from the sale must be placed in a reserve fund to amortize any outstanding obligations issued on behalf … a new town hall (see, also, e.g., McCabe v Voorhis , 243 NY 401; 1990 Opns St Comp No. 90-64, p 145, relating to the …
https://www.osc.ny.gov/legal-opinions/opinion-96-16State Comptroller DiNapoli Releases Municipal Audits
… manner. Because of this, there was an increased risk for money to be lost or used for inappropriate purposes. The longer collections remain unremitted, the longer they are not available for town operations. The audit determined the clerk did not …
https://www.osc.ny.gov/press/releases/2025/03/state-comptroller-dinapoli-releases-municipal-audits-0XI.11.G Equipment Acquisition – XI. Procurement and Contract Management
… shall be conducted in a manner which accords first priority to preferred sources in accordance with the … Process and Document Preparation Specific to the SFS: SFS users will create a contract transaction in the SFS using …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11g-equipment-acquisitionComptroller DiNapoli Releases Municipal Audits
… dates. All disbursements made during June 2018 agreed with incoming cash receipts and all were for appropriate …
https://www.osc.ny.gov/press/releases/2019/05/comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases School District Audits
… have been issued. Bethlehem Central School District – In-School Internet Connectivity (Albany County) The … treasurer did not adequately review credit card charges in a timely manner. The treasurer reviewed credit card … paid. Auditors reviewed all 18 credit charges over $2,500 in our audit period totaling $70,337 and found no evidence …
https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-school-district-audits-1State Comptroller DiNapoli Releases School District Audits
… physical IT assets and non-student user account access to the district’s network. In addition to sensitive IT control weaknesses, auditors found that 235 … collections of $845,258 were missing key support. Records to support transactions totaling $134,449 were missing and 95 …
https://www.osc.ny.gov/press/releases/2022/04/state-comptroller-dinapoli-releases-school-district-audits