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Membership Milestones for Employees’ Retirement System (ERS) Members
… to a monthly benefit that may start as early as age 55. (You will forfeit the monthly benefit if you withdraw … credit, reductions for early retirement between age 55 and 62 are eliminated. After Retirement: If you retire … to a monthly benefit that may start as early as age 55. (You will forfeit the monthly benefit if you withdraw …
https://www.osc.ny.gov/retirement/members/membership-milestones-employees-retirement-system-ers-membersComptroller DiNapoli And A.G Schneiderman Announce Guilty Pleas By Former Met Council Directors For Stealing $9M In Kickback Scheme
… General Eric T. Schneiderman today announced the guilty pleas of William Rapfogel, former executive director and … admissions made by the defendants as part of their guilty pleas, from 1993 to 2013, Rapfogel served as head of Met … Comptroller Thomas P DiNapoli today announced the guilty pleas of William Rapfogel former executive director and chief …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-and-ag-schneiderman-announce-guilty-pleas-former-met-council-directors-stealingOpinion 2002-17
… for: (1) plumbing and gas fitting; (2) steam heating, hot water heating, and ventilating and air-conditioning …
https://www.osc.ny.gov/legal-opinions/opinion-2002-17DiNapoli Releases Report on NYS Executive Budget
… to be 1.3% in 2024 with a slight increase of 1.9% in 2025. For State Fiscal Year (SFY) 2024-25, All Funds revenues … of 0.4% or $495 million. All Funds tax collections are forecast to grow by 3.4% or $2.6 billion, reflecting … in SFY 2024-25, a cumulative gap totaling $20.1 billion is forecast for the remainder of the Financial Plan period …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-releases-report-nys-executive-budgetState Contract and Payment Actions in May
… In May, the Office of the State Comptroller approved 2,046 contracts for … than 2.5 million payments worth nearly $17.1 billion. The office rejected 192 contracts and related transactions valued … of CUNY for the QualityStarsNY early childhood program. Office of General Services – Design & Construction $10.5 …
https://www.osc.ny.gov/press/releases/2023/06/state-contract-and-payment-actions-mayState Contract and Payment Actions in September
… In September, the Office of the State Comptroller approved 1,465 contracts for state agencies and public authorities valued at $2.9 billion and approved more … 2.2 million payments worth more than $14.9 billion. The office rejected 123 contracts and related transactions valued …
https://www.osc.ny.gov/press/releases/2022/10/state-contract-and-payment-actions-septemberState Contract and Payment Actions in June
… Company for elevator rehabilitation at Elmira Psychiatric Center. $1.6 million with Rochester Economic Development Corp. for sale of the Metro Center located in the City of Rochester. $1.4 million with … of refrigeration systems at the Cook Chill Production Center in Rockland County. $1.7 million with The Child …
https://www.osc.ny.gov/press/releases/2020/07/state-contract-and-payment-actions-juneOpinion 2001-15
… provides that "a petition for the establishment or the extension of an improvement district shall be signed by the … taxable real property situate in the proposed district or extension thereof, owning in the aggregate at least one-half … all the taxable real property of the proposed district or extension thereof …[emphasis added]" It further provides that …
https://www.osc.ny.gov/legal-opinions/opinion-2001-15State Contract and Payment Actions in November
… In November, the Office of the State Comptroller approved 1,411 contracts for state agencies and public authorities valued at $6.4 billion and approved nearly … 2.1 million payments worth more than $9.5 billion. The office rejected 139 contracts and related transactions valued …
https://www.osc.ny.gov/press/releases/2019/12/state-contract-and-payment-actions-novemberState Comptroller DiNapoli Releases Audits
… New York State Comptroller Thomas P. DiNapoli announced the following State Government Accountability and Bureau of State Expenditures audits have been released: State … New York State Comptroller Thomas P DiNapoli announced the following …
https://www.osc.ny.gov/press/releases/2026/02/state-comptroller-dinapoli-releases-auditsRevenue Enhancement Ideas: Cash Management for Local Governments and School Districts
… funds (e.g., reserves not expected to be needed in the near term). Establish a formal investment policy, if you …
https://www.osc.ny.gov/local-government/publications/revenue-enhancement-ideas-cash-management-local-governments-and-school-districtsSUNY Bulletin No. SU-299
… to provide agencies with instructions on how to update a Tier 6 employee’s Retirement Plan page due to the two year look-back. Affected Employees Tier 6 New York State Education Department and SUNY employees … 3% $45,000.01 to $55,000.00 3.5% $55,000.01 to $75,000.00 4.5% $75,000.01 to $100,000.00 5.75% $100,000.01 and Greater …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-299-two-year-look-back-tier-6-suny-optional-retirement-planOpinion 91-32
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … in the opinion. CLAIMS -- Compromise or settlement of (devaluation of real property located near solid waste … Whether in view of the gift prohibition of article VIII 1 of the State …
https://www.osc.ny.gov/legal-opinions/opinion-91-32Cost-of-Living Adjustment – Divorce and Your Benefits
… directs NYSLRS to provide COLA increases. Retirement and Social Security Law Section 78-A (g) does not permit a … pension payment option benefit as a beneficiary, and even if COLA were previously awarded while the retiree …
https://www.osc.ny.gov/retirement/members/divorce/cost-living-adjustmentWestern Regional Off-Track Betting Corporation – Marketing and Promotional Program (2021M-65)
… [ read complete report - pdf ] Audit Objective Determine whether the Western … Program tickets in accordance with the New York State Gaming Commission’s (Commission) Regulations and Guidelines: …
https://www.osc.ny.gov/local-government/audits/off-track-betting/2021/09/23/western-regional-off-track-betting-corporation-marketing-andXIII.2.D Expense Report Payment – XIII. Employee Expense Reimbursement
… SECTION OVERVIEW AND POLICIES Employees may receive payment for expenses through direct deposit or check, depending on the preferred payment method in the employee’s payroll information in the … payroll officers on the establishment and maintenance of payment information. When employees are employed by multiple …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii2d-expense-report-paymentOpinion 88-2
… of due process of law, it would have to provide for notice, public hearing and the right to review prior to the …
https://www.osc.ny.gov/legal-opinions/opinion-88-2State Contract and Payment Actions in July and August
… In July and August, the Office of the State Comptroller approved 3,988 contracts for state … Open Book New York . Major Contracts Approved Department of Agriculture and Markets $22 million with Romeo … production services for the New York State Fair. Office of Addiction Services and Support $13.3 million with Mental …
https://www.osc.ny.gov/press/releases/2024/09/state-contract-and-payment-actions-july-and-augustXIII.6 Potential Tax Consequences of Assigning an Incorrect Official Station – XIII. Employee Expense Reimbursement
… when an employee travels on official State business. In some instances, these expenses are reportable as employee … associated with meal allowances for day trips. However, in certain instances, the employee’s personal income tax … tax home, the tax implications associated with the IRS’s rule regarding temporary assignments (sometimes referred to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii6-potential-tax-consequences-assigning-incorrect-official-stationDiNapoli Announces State Pension Fund's 2024 Corporate Governance Stewardship Priorities
… incorporate criteria used to evaluate companies’ climate performance including climate transition strategies and plans, greenhouse gas emissions reduction targets, capital expenditure alignment, and Task Force on …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-announces-state-pension-funds-2024-corporate-governance-stewardship-priorities