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State Agencies Bulletin No. 2052.1
… determination of continuous employment under this program. Salary Cap or Earnings Cap If the employee’s eligible … when totaling hours worked. Impact of General Salary Increases on Health Care Bonus Eligibility General salary … rate for employees in a non-annualized position, only the retroactive earnings applicable to the vesting period should …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/20521-health-care-and-mental-hygiene-worker-bonuses-state-employeesDiNapoli Releases October State Cash Report
… mind that economic conditions and the revenue outlook may change.” State tax collections through October totaled $42.3 …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-releases-october-state-cash-reportNYS Common Retirement Fund Announces First Quarter Results
… of the state fiscal year 2015-2016 was 0.52 percent for the three-month period ending June 30, 2015, with an … New York's pension fund remains strong and well-positioned for the future with a smart, long-term investment strategy." … quarter of the state fiscal year 20152016 was 052 percent for the threemonth period ending June 30 2015 with an …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: Audit Shows Former Highway Superintendent Took Taxpayers for a Ride in Town of Erin
… The former highway superintendent for the Town of Erin in Chemung County made personal … purchases and used gas, oil and other town supplies for his own use, totaling nearly $70,000, according to an … C felony, and four counts of offering a false instrument for filing, a class E felony. The arrest was the result of a …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-audit-shows-former-highway-superintendent-took-taxpayers-ride-town-erinXVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations
… In 1990, the US Congress enacted legislation (§1405(a) of … authority. Guide to Financial Operations REV. 06/07/2013 … In 1990 the US Congress enacted legislation 1405a of Public …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminderDiNapoli Analysis Finds Worrisome, Uneven Economic Recovery Among NYC's Labor Force
… between males and females narrowed between 2019 (68.3% vs. 53.5% and 2021 (65.5% vs. 54.5%) as more women sought employment. Female and male …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-analysis-finds-worrisome-uneven-economic-recovery-among-nycs-labor-forceDiNapoli: NYC Budget Benefits From Stronger Economy
… Higher tax revenue forecasts and billions in savings on debt service and pension contributions have … downturn.” The city’s revised financial plan released in February projects budget gaps of $1 billion in FY 2017, $1.4 billion in FY 2018 and $2.1 billion in FY …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-nyc-budget-benefits-stronger-economyComptroller DiNapoli And A.G. Schneiderman Announce Sentencing of New Jersey Woman in Theft of More Than $162,000 in New York State Pension Benefits
… N.J., to six months in jail and five years of probation for the theft of more than $162,000 in pension benefits from … Thomas P. DiNapoli. "I thank Attorney General Schneiderman for partnering with us to protect public money and root out … it harms all of the retirees who count on their pension for a secure retirement. Through my office's joint …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-new-jersey-woman-theft-more-162000-newState Agencies Bulletin No. 2092
… Purpose The purpose of this bulletin is to notify agencies that the pensionable … Retirement System (NYCBERS) for the 2023 plan year is $19,729.00. Affected Employees Tier 6 members of NYCERS, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2092-2023-tier-6-overtime-limit-new-york-city-retirement-systemsDiNapoli: Former Town of Gardiner Employee Arrested for Pocketing Over $14,000 in Underserved Health Insurance Buyouts
… obtained $14,071.59 in unlawful buyout payments until his resignation in 2020. Fletcher was employed by the Town of …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-former-town-gardiner-employee-arrested-pocketing-over-14000-underserved-health-insuranceOvertime at State Agencies Reached All-Time High in 2020
… working overtime worked 16.3 more hours per a two-week pay period on average, an increase of 8.9 percent in 2020. The statewide average of overtime earnings per pay period went up 10.7 percent to $727. Since 2011, the … They include full-time, part-time and temporary staff per pay period throughout the year. With limited exceptions, a …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020Selected Management and Operations Practices
… on the State’s energy policy to produce better outcomes for the people of New York State, NYPA announced a new $250 … in locations that supported the programs’ intentions. For example, NYPA placed public charging ports in only 32 of … number of EVs have relatively few public charging ports. For example, Suffolk County has the highest number of …
https://www.osc.ny.gov/state-agencies/audits/2022/02/04/selected-management-and-operations-practicesNYS Common Retirement Fund Reports Third Quarter Results
… percent for the three-month period ending Dec. 31, 2020, and ended the quarter with an estimated value of $247.7 … the ongoing market volatility, our pension fund is strong and well-diversified and ready to meet any ups and downs. Investment gains will …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2020-21 … strong and well-diversified, but gains are clearly fragile in this volatile financial climate. Wall Street continued to exceed expectations in the quarter, but Main Street is suffering. Our economy …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Wall St. First Half Profits Jumped
… of New York City’s economy in 2018, according to the NYC Office of Management and Budget. Although other sectors … percent of the employees in the city’s securities industry live in the city, with the largest commuter group (23 …
https://www.osc.ny.gov/press/releases/2019/10/dinapoli-wall-st-first-half-profits-jumpedOpinion 91-9
… §75 to include in its annual estimate a reasonable amount for general contingent purposes. A city council of a city of … purposes. The city council may be authorized to make such increases, however, by local law subject to mandatory … authorize the city council to increase, decrease or reject salary items in the annual estimate submitted by the board of …
https://www.osc.ny.gov/legal-opinions/opinion-91-9Opinion 90-40
… views if, among other things, there have been subsequent court cases or statutory amendments that bear on the issues … to language in section 88 of the former Village Law. In Anson v Starr , 198 Misc 982, 101 NYS2d 948, the court considered the question of whether, under former …
https://www.osc.ny.gov/legal-opinions/opinion-90-40DiNapoli: Potential Changes in Federal Policies Pose Risks for New York City's Budget
… levels. The city should continue to identify opportunities for agency savings, which will provide added budgetary … and are manageable under current conditions. The budgets for these years include annual reserves of $1.25 billion that … estimated 1.8 percent, with non-property taxes declining for the first time since FY 2010. Job creation has also …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-potential-changes-federal-policies-pose-risks-new-york-citys-budgetOpinion 89-8
… opinion. MUNICIPAL FUNDS -- Repair Reserve Fund (necessity for consent by the Office of the State Comptroller to … Park) SCHOOL DISTRICTS -- Repair Reserve Fund (necessity for consent by the Office of the State Comptroller to … in Adirondack Park) STATE COMPTROLLER -- Approval by (for establishment of repair reserve fund by school district …
https://www.osc.ny.gov/legal-opinions/opinion-89-8NYS Common Retirement Fund Announces Second Quarter Results
… of the state fiscal year 2017-2018 was 3.67 percent for the three-month period ending Sept. 30, 2017, with an … that provide consistent returns and retirement security for our members, retirees and beneficiaries for decades to come." The Fund's estimated value reflects …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-results