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State Agencies Bulletin No. 1886
… 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 employees who are members of the VDC … 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-agencies/1886-two-year-look-back-tier-6-voluntary-defined-contribution-program-vdcPublic-Private Partnerships Potentially a "Good Option" but Financial Risks for Taxpayers Must Be Addressed
… state should examine both the opportunities that public-private partnerships offer as well as the underlying … Thomas P. DiNapoli. “Our public infrastructure needs a lot of improvements - $250 billion in improvements over the … big question is, how are we going to pay for that? Public-private partnerships are a good option to look at, but those …
https://www.osc.ny.gov/press/releases/2011/01/public-private-partnerships-potentially-good-option-financial-risks-taxpayers-must-be-addressedPublic Health – 2022 Financial Condition Report
… to peak at over 7.9 million in SFY 2022-23 and return to near pre-pandemic levels of approximately 6.1 million …
https://www.osc.ny.gov/reports/finance/2022-fcr/public-healthVII.3.C AP Adjustment Voucher Document Review – VII. State Revenues and Appropriated Loan Receivables
… and submit any new transactions and required documentation as soon as they are notified by BSAO – Budgets that a correction needs to be made. Transactions must be posted to … same transaction) and resubmit it for approval by the next business day. If the ROA transaction is submitted through a …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3c-ap-adjustment-voucher-document-reviewState Agencies Bulletin No. 1852.1
… should be processed in PayServ as soon as possible, but no later than Pay Periods 18-Lag and 19-Current for … to reflect this information in the Form W-2, but provides no guarantee. Late reporting may result in the employee … State Agencies Bulletin No 18521 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/18521-procedures-reporting-taxable-value-personal-use-employer-providedWithdrawing Your Contributions and/or Your Membership – Special 20- and 25-Year Plans
… 5 percent per year); or Leave your contributions in your account and qualify for a retirement benefit when you are 55. … public employment. Sign in to your Retirement Online account , go to the ‘My Account Summary’ area of your Account Homepage and click “Withdraw My Membership.” You can also …
https://www.osc.ny.gov/retirement/publications/1517/withdrawing-your-contributions-andor-your-membershipDiNapoli: Pleasant Valley Woman Arrested Stealing Funds From New York State and Local Retirement System
… New York State Comptroller Thomas P. DiNapoli and the New York State Police announced the arrest of Bonnie S. … who attempt to defraud the pension system. I thank the New York State Police and Dutchess County District Attorney … New York State Comptroller Thomas P DiNapoli and the New York …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-pleasant-valley-woman-arrested-stealing-funds-new-york-state-and-local-retirement-systemState Comptroller DiNapoli Statement on New York City Preliminary Budget
… the Gap savings initiative, which include savings from substantial vacancies at a number of agencies, the city now anticipates a FY 2023 surplus of $2.2 billion, $1.5 billion more than it had projected in November. The city … analysis of the budget and financial plan in the coming weeks.” …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-statement-new-york-city-preliminary-budgetIX.7.H Federal Funding Accountability and Transparency Act (FFATA) – IX. Federal Grants
… contract, grant, loan, and other financial assistance awards of more than $25,000 be displayed on a searchable, … to report details on their first-tier sub-recipients for awards made as of October 1, 2010. While many of the … are specific to federal agencies, recipients of federal awards are also required to electronically report to the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix7h-federal-funding-accountability-and-transparency-act-ffataNYS Comptroller DiNapoli Statement on Major Support for Racial Equity Audit at Amazon
… (70,616,270 shares, 14%) were to be removed from those voting "against” it, the proposal received majority support. …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-statement-major-support-racial-equity-audit-amazonDiNapoli Testifies Before U.S. House Committee on Financial Services Subcommittee on Diversity & Inclusion
New York State Comptroller Thomas P DiNapoli testified today before the US House Committee on Financial Services Subcommittee on Diversity and Inclusion
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-testifies-us-house-committee-financial-services-subcommittee-diversity-inclusionOptional Retirement Plan for County Sheriffs, Undersheriffs, Deputy Sheriffs and Correction Officers (Sections 89-p and 603(l))
… Information for members about An Optional Retirement Plan for County Sheriffs Undersheriffs Deputy Sheriffs and …
https://www.osc.ny.gov/retirement/publications/optional-retirement-plan-county-sheriffs-undersheriffs-deputy-sheriffs-and-correction-officersSpecial Plan for Suffolk County Correction Officers (Sections 89-f and 603 (c))
… Special Suffolk County Correction Officers Plan for PFRS Tier 1 2 4 5 …
https://www.osc.ny.gov/retirement/publications/special-plan-suffolk-county-correction-officers-sections-89-f-and-603-cSpecial Plan for Westchester County Correction Officers (Sections 89-e and 603(b))
… (Return to Top) (Return to Top) (Return to Top) (Return to Top) (Return to Top) VO1810 (Rev. 6/12) © …
https://www.osc.ny.gov/retirement/publications/special-plan-westchester-county-correction-officers-sections-89-e-and-603bComptroller DiNapoli Releases Annual Review of MTA Finances
… on the MTA’s financial plan. “This is a critical moment for the MTA and for riders,” DiNapoli said. “As everyone agrees, the MTA … is essential. If it fails, the consequences could be felt for years to come, and riders could face reduced services, …
https://www.osc.ny.gov/press/releases/2019/09/comptroller-dinapoli-releases-annual-review-mta-financesOpinion 2006-5
… during the officer’s term of officer by town board resolution. Town Law §27(1) provides that the town board of … officer during a term of office by the adoption of a resolution (see, e.g., 1977 Opns St Comp No. 77-764, … a local government is authorized to decrease salaries by resolution, unless it chooses to act by local law (Opn No. …
https://www.osc.ny.gov/legal-opinions/opinion-2006-5Opinion 88-6
… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Retirement … of the compensation paid to each participating employee during any year in which the employee performs 1,000 hours of … of service. A participating employee is fully vested at all times and is eligible to receive benefits at the "normal …
https://www.osc.ny.gov/legal-opinions/opinion-88-6Opinion 92-52
… §§1197-e(22), 1197-j: The Water Authority of Great Neck North may not enter into a cooperative agreement for the … You ask whether the Water Authority of Great Neck North may participate in a cooperative plan for the joint … and municipalities. The Water Authority of Great Neck North ("Authority") was created by title 8-B of article 5 of …
https://www.osc.ny.gov/legal-opinions/opinion-92-52State Contract and Payment Actions in March
… In March, the Office of the State Comptroller approved 2,095 … exterior improvements at the Manhattan Psychiatric Center in New York County. $4.5 million with Structural Preservation … LLC to provide concrete repairs at the Empire State Plaza in Albany County. $2.1 million with Daniel J. Lynch Inc. to …
https://www.osc.ny.gov/press/releases/2024/05/state-contract-and-payment-actions-marchState Contract and Payment Actions in October
… Inc. for water treatment plan upgrades at Harriman State Park in Orange County. $1.5 million with ADP Group Inc. for … Camp Junior building construction work at Harriman State Park in Orange County. $1.3 million with Law Enforcement … roof replacement at the Saratoga Spa State Park Victoria Pool complex in Saratoga County. State University of New …
https://www.osc.ny.gov/press/releases/2023/12/state-contract-and-payment-actions-october