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State Agencies Bulletin No. 1795
… Purpose The purpose of this bulletin is to notify agencies that the pensionable overtime earnings limit for Tier 6 New York City Employee Retirement System (7U), New … Board Retirement System (7T) for the 2020 plan year is $17,067.00. Affected Employees Tier 6 NYCERS, NYCTRS, and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1795-2020-tier-6-ot-limit-and-plan-year-changes-nyc-retirement-systemsAnnual Wage for New Tier 6 Employees
… first three years of their membership. Retirement Online is the fastest and easiest way to enroll new employees . But … are applied to the earnings of your Tier 6 employees, it is important that you understand what types of wages should … be included in their annual wage amount. The annual wage is the projected base pay amount that a full-time employee is …
https://www.osc.ny.gov/retirement/employers/annual-wage-new-tier-6-employeesMedicaid Program – Overpayments for Therapy Services and Prescription Drugs Covered by Medicare
… for therapy services. About the Program Many of the State’s Medicaid recipients are also enrolled in Medicare. Such …
https://www.osc.ny.gov/state-agencies/audits/2019/10/30/medicaid-program-overpayments-therapy-services-and-prescription-drugs-covered-medicareCVS Health – Temporary Holding Account Rebate Revenue
… determine if CVS Health remitted to the State Department of Civil Service all commercial drug rebate revenue … Insurance Program (NYSHIP), administered by the Department of Civil Service (Civil Service), provides health insurance … $1 billion in commercial drug rebates (rebates exclusive of Medicare Part D rebates). Key Findings CVS Health …
https://www.osc.ny.gov/state-agencies/audits/2019/10/17/cvs-health-temporary-holding-account-rebate-revenueState Agencies Bulletin No. 1768
… Purpose The purpose of this bulletin is to reconcile employee Social Security Numbers and names in the NYS payroll system (PayServ) with the Social Security Administration (SSA) system through … non-resident alien employees. To ensure this requirement is met prior to the generation of 2019 Form W-2 Wage and Tax …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1768-verification-employees-social-security-number-ssn-and-name-be-reportedDiNapoli: State Agencies Persistently Late with Not-For-Profits Contracts
… found 50 percent of the contracts in 2019 between Not-for-Profit (NFP) organizations and the state were not … showed that no progress has been made in the past year, with the percentage of late contracts increasing slightly … failure of state agencies to process contracts on time is unacceptable and harms service providers in fields like …
https://www.osc.ny.gov/press/releases/2020/06/dinapoli-state-agencies-persistently-late-not-profits-contractsState Agencies Bulletin No. 2386.1
… Comp Time II Cash Out. Affected Employees: Employees in the following bargaining units who have opted to participate in the Over40 Comp Time II program are affected: … BU05 Background: Pursuant to a side letter contained in the 2021-2026 Agreements between the State of New York and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/23861-2025-csea-and-pef-over40-comp-time-ii-cash-outOther Bulletin No. 54
… Purpose The purpose of this bulletin is to provide the State University … State University Construction Fund with an increment code of 1976-2015 who meet the eligibility criteria are affected. … Fund’s Board Resolution 2017-12 authorizes the Memorandum of Agreement between the State University Construction Fund …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-54-april-2020-state-university-construction-fund-scf-civilState Agencies Bulletin No.1824
… Purpose The purpose of this Bulletin is to notify agencies that OSC will be unable to print SFS checks for Payroll Check Reissues, Reversals, … for any reason, whose Direct Deposit is reversed due to an overpayment, who request a check exchange, and who … The purpose of this Bulletin is to notify agencies that OSC will be unable to print SFS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1824-payroll-check-reissues-reversals-exchanges-and-direct-deposit-returnsState Agencies Bulletin No. 1791
… Purpose The purpose of this bulletin is to notify agencies that the pensionable overtime earnings … dated January 8, 2020 OSC Actions OSC will update PayServ to reflect the pensionable overtime earnings limit for 2020 … Questions regarding this bulletin may be directed to the Payroll Retirement mailbox. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1791-tier-5-pensionable-overtime-earnings-limit-calendar-year-2020-employeesNYS Common Retirement Fund Reports Second Quarter Results
… Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2019-20 was 1.16 percent for … period ending Sept. 30, 2019, with an estimated value of $215.4 billion, according to New York State Comptroller … which recently included lowering our assumed rate of return to 6.8 percent,” DiNapoli said. “The Fund remains …
https://www.osc.ny.gov/press/releases/2019/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Local Sales Tax Collections Growth Accelerates in 3rd Quarter
… in New York state totaled $4.8 billion, an increase of 6.3 percent over the same period last year, according to a … July and September, making it the strongest quarter of 2019,” DiNapoli said. “Additional internet sales tax … since January totaled $13.5 billion, an increase of 4.3 percent over last year. Regionally, the strongest …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-local-sales-tax-collections-growth-accelerates-3rd-quarterNYS Payroll Online
… and update your employee payroll information and opt out of receiving paper pay stubs …
https://www.osc.ny.gov/state-agencies/payroll/nyspoAccounting and Financial Reporting for Leases as Required by GASB Statement No. 87
This bulletin provides accounting and financial reporting guidance related to those contracts that meet the definition of a lease, and illustrates how local governments, and school districts will need to account and report these leases in their annual update document (AUD) and the ST-3.
https://www.osc.ny.gov/files/local-government/publications/pdf/accounting-and-financial-reporting-for-leases-required-by-gasb-87.pdfAccounting and Financial Reporting for Subscription-Based Information Technology Arrangements (SBITAs) as Required by GASB Statement No. 96
The purpose of this bulletin is to provide accounting and financial reporting guidance for subscription-based information technology arrangements (SBITAs) and illustrate how local governments and school districts will need to account for and report these SBITAs in the Annual Financial Report (AFR)
https://www.osc.ny.gov/files/local-government/publications/pdf/accounting-bulletin-gasb-96.pdfManagement's Responsibility for Internal Controls
Internal controls are essential to the effective operation of local governments and school districts. This webinar will explain the integrated internal control framework and discuss how a properly designed internal control system can reduce the likelihood that significant errors or fraud will occur.
https://www.osc.ny.gov/files/local-government/academy/pdf/management-responsibility-internal-controls-080223.pdfState Fiscal Year 2021-2022 Report on Preschool Special Education
The State Education Department (SED) oversees special education programs in New York State that provide services to students with a disability between the ages of 3 and 21. While most school-age students with a disability in New York receive their educational services from public school ...
https://www.osc.ny.gov/files/state-agencies/audits/pdf/seit-annual-report-2021-2022.pdfJustice Court Fund Reporting
The Office of the State Comptroller is replacing the Justice Court Fund Internet Report (JCFIR) with a new Justice Court Fund Reporting (JCR) application to collect the monthly court activities. Come learn about the new system’s features and how to access and navigate reports.
https://www.osc.ny.gov/files/local-government/academy/pdf/justice-court-fund-reporting-042424.pdfUpdate on New York City Staffing Trends
New York City employs the largest municipal workforce in the United States. Prior to the pandemic, the City government (which, unlike many local governments, includes its schools), employed about 300,400 full-time employees, an increase of 33,023 employees since City fiscal year (FY) 2012.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-13-2023.pdfManagement's Responsibility for Internal Controls Presentation
Internal controls are essential to the effective operation of local governments and school districts. This webinar will explain the integrated internal control framework, and discuss how a properly designed internal control system can reduce the likelihood that significant errors or fraud will occur
https://www.osc.ny.gov/files/local-government/academy/pdf/Managements-Responsibility-Internal-Contols-08-10-22.pdf