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Earnings Limits
… Overview The earnings included in the calculation of your final average earnings (FAE) , … Revenue Code Section 401(a)(17) limits the earnings used in the calculation of pension benefits. The amount is set by … below for the maximum amount of earnings that can be used in your FAE calculation. Earnings Period Earnings Limit April …
https://www.osc.ny.gov/retirement/members/earnings-limitsDiNapoli: Albany Man Who Victimized Elderly NYS Pensioner Sentenced to State Prison
… the care he needed and holding accountable the criminals who took advantage of him. I also want to thank the Cohoes … carried out over several years by individuals who betrayed the trust of a vulnerable victim,” James said. … these that we are able to identify abuse, protect those who cannot protect themselves, and bring offenders to …
https://www.osc.ny.gov/press/releases/2026/02/dinapoli-albany-man-who-victimized-elderly-nys-pensioner-sentenced-state-prisonDiNapoli: Local Sales Tax Collections Grew 12.7% to $22.1 Billion in 2022
… year 2022, up 12.7%, or $2.5 billion, from 2021 due to strong sales statewide, especially in New York City, according to a report released today by State Comptroller Thomas P. … Additionally, the state implemented policies just prior to the pandemic that ensured more online sales were being …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-local-sales-tax-collections-grew-127-221-billion-2022DiNapoli: Audit Finds up to $12.1 Million in Inappropriate Medicaid Payments
… inappropriate payments during 2015, including $2.3 million for dead patients and millions more for recipients who had been dropped from long term care … system processes Medicaid claims submitted by providers for services rendered to Medicaid-eligible recipients and …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-audit-finds-121-million-inappropriate-medicaid-paymentsXII.8.D Contract Assignments and Sureties – XII. Expenditures
… Services contracts exceeding eighty-five thousand dollars in value, and (ii) any other Business Unit contracts exceeding fifty thousand dollars in value, before such contracts shall be executed or become … employment under the contract while the contract is in progress, and thereupon, proceed with the work, in …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8d-contract-assignments-and-suretiesDiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas Companies
… DiNapoli, trustee of the third largest public pension plan in the country, announced today. The Fund also restricted investments in five more coal producers, adding those companies to the list of 22 that the Fund divested from in 2020. “A low-carbon economy is already becoming a reality …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-more-climate-actions-nys-pension-fund-launches-evaluation-shale-oil-and-gasEffectiveness of the Information Technology Transformation
… Effectiveness of the Department of Labor’s Unemployment Insurance System (2014-S-9) Office of Information Technology …
https://www.osc.ny.gov/state-agencies/audits/2016/08/24/effectiveness-information-technology-transformationDiNapoli Urges Companies to Join Workplace Pledge to Fight Antisemitism
… at the Stand With Israel event at the Hampton Synagogue in Westhampton Beach. The event featured a keynote address by … known Rabbi Marc Schneier on unity and solidarity. In addition to his letters to the 50 companies, DiNapoli … companies to join the ADL pledge. “The dramatic rise in antisemitic incidents in the United States and the rest of …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-urges-companies-join-workplace-pledge-fight-antisemitismDiNapoli: NYC Contract Spending Rises $7 Billion Since FY 2019
… to 16% in FY 2010. Some of the growth in contract spending was for emergency services. In FY 2023 the city spent $1.6 … for almost half of the city’s contract spending in FY 2023 when excluding extraordinary expenses. Department of … spending on federally mandated special education services (Carter Cases) rose. Between FY 2010 and FY 2014, growth was …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-nyc-contract-spending-rises-7-billion-fy-2019DiNapoli: 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-challengesDiNapoli: Department of Environmental Conservation’s Operational Spending Declines as Responsibilities Grow
… The scope of the DEC’s mandate will grow considerably in coming years because of recent initiatives from the … Community Risk and Resiliency Act, overseeing $3.9 billion in water quality appropriations, and managing programs aimed … specific types of pollution. Over the decade ending in state fiscal year (SFY) 2019-20, DEC’s annual capital …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-department-environmental-conservations-operational-spending-declines-responsibilities-growTiers 1 & 2 Loan Application (RS5025)
For NYSLRS Tiers 1 & 2 members to request a loan from NYSLRS.
https://www.osc.ny.gov/files/retirement/forms/pdf/rs5025.pdfNYC Schools Underreporting Bullying and Harassment
… (DASA). “It’s been six years since DASA took effect, but in some ways providing a safe, supportive learning environment is still a work in progress,” DiNapoli said. “Even before school officials … issues like bullying requires more than passing a law up in Albany, which is why we rely on school districts and …
https://www.osc.ny.gov/press/releases/2019/03/nyc-schools-underreporting-bullying-and-harassmentChazy Union Free School District – Lead Testing and Reporting (S9-25-13)
… and implement needed remediation to reduce lead exposure in potable water outlets? Audit Period July 1, 2019 – … the Program Lead is a metal that was commonly used in plumbing and has since been identified as toxic to people, … which can lead to greater difficulty performing well in school and beyond. 1 To aid in combating lead poisoning, …
https://www.osc.ny.gov/local-government/audits/school-district/2025/07/11/chazy-union-free-school-district-lead-testing-and-reporting-s9-25-13Financial Oversight of the Advantage After School Program (Follow-Up)
… of implementation of the two recommendations included in our initial audit report, Financial Oversight of the … age-appropriate activities that integrate what happens in the school day with less formal learning experiences and … active participation among children, youth, and parents in the design and delivery of activities. OCFS awards …
https://www.osc.ny.gov/state-agencies/audits/2019/09/27/financial-oversight-advantage-after-school-program-followDo We have Your Money? Nearly $200 Million Returned to New York State Residents This Year
… the state this month to help residents search for lost and forgotten money, also known as unclaimed funds. DiNapoli … it back.” Unclaimed funds is more than $13 billion in lost and forgotten money dating back to the 1940s. The money comes … deposits, uncashed checks, insurance claims, stocks and other sources that have been dormant for a number of …
https://www.osc.ny.gov/press/releases/2015/06/do-we-have-your-money-nearly-200-million-returned-new-york-state-residents-yearOversight of Mitchell-Lama Application Fees
… rental and cooperative housing to middle-income families. In New York City, there are 93 HPD-supervised Mitchell-Lama … collected application fees of up to $200 per applicant. (In August 2019, this was reduced to a non-refundable $75.) … by lottery. Our audit at three housing developments in Manhattan focused on waiting lists that were current as of …
https://www.osc.ny.gov/state-agencies/audits/2019/12/20/oversight-mitchell-lama-application-feesEmpire BlueCross BlueShield – Selected Payments for Special Items Made to Saratoga Hospital From January 1, 2011 Through March 31, 2011
… (Empire's) payments to Saratoga Hospital (Saratoga) for special items were made according to the provisions of … The Empire Plan (Plan) is the primary health benefits plan for NYSHIP. The Department of Civil Service contracts with … portion of the Plan. Empire processes Plan claims for hospital services in accordance with agreements they …
https://www.osc.ny.gov/state-agencies/audits/2013/02/01/empire-bluecross-blueshield-selected-payments-special-items-made-saratoga-hospital-januaryEmpire BlueCross BlueShield Special Items Made to Englewood Hospital and Medical Center from January 1, 2011 through March 31, 2011
… and Englewood. Background The New York State Health Insurance Program (NYSHIP) provides health insurance coverage to active and retired State, participating … Related Audits/Reports of Interest New York State Health Insurance Program: Payments Made to Stony Brook University …
https://www.osc.ny.gov/state-agencies/audits/2013/02/01/empire-bluecross-blueshield-special-items-made-englewood-hospital-and-medical-centerSelected Payments for Special Items Made to St. Francis Hospital of Poughkeepsie from January 1, 2011 through March 31, 2011
… determine if BlueCross BlueShield’s (Empire’s) payments to St. Francis Hospital of Poughkeepsie (St. Francis) for special items were made according to the provisions of the agreement between Empire and St. Francis. Background The New York State Health Insurance …
https://www.osc.ny.gov/state-agencies/audits/2013/02/01/selected-payments-special-items-made-st-francis-hospital-poughkeepsie-january-1-2011