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Retirement Legislation - 2024
This publication covers retirement and related legislation enacted or vetoed during the 2024 Legislative Session.
https://www.osc.ny.gov/files/retirement/resources/pdf/retirement-legislation-24.pdfNYS Common Retirement Fund Announces First Quarter Results
… is the third largest public pension plan in the nation with an audited value of $207.4 billion in assets (as of …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… of the Fund’s 2015-2016 fiscal year was 2.88 percent for the three-month period ending Dec. 31, 2015, according to … and provide sustainable returns and retirement security for generations to come.” The Fund's estimated value … quarter of the Funds 20152016 fiscal year was 288 percent for the threemonth period ending Dec 31 2015 according to New …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: Former Assistant Clerk Charged with Stealing Nearly $4,000 from Village of Horseheads
… accepting payments from multiple residents who wished to pay their water bills. The joint investigation and forensic … paid her personal New York State Electric & Gas (NYSEG) bill with Village funds resulting in the Village paying over … Fraud Hotline at 1-888-672-4555, by filing a complaint online at https://www.osc.state.ny.us/investigations or by …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-former-assistant-clerk-charged-stealing-nearly-4000-village-horseheadsComptroller DiNapoli and A.G. Schneiderman Announce Felony Guilty Plea of Former City of Rensselaer DPW Commissioner for Stealing Scrap Metal Proceeds
… ensures accountability for the theft of $46,000 and is the latest in over 60 public corruption cases against we have … by filing a complaint online at [email protected].ny.us , or by mailing a complaint to: Office of the State … of Investigations, 14th floor, 110 State St., Albany, NY 12236. … State Comptroller DiNapoli announced the guilty …
https://www.osc.ny.gov/press/releases/2015/03/comptroller-dinapoli-and-ag-schneiderman-announce-felony-guilty-plea-former-city-rensselaer-dpwXII.6 Unique Payment Situations – XII. Expenditures
… This section provides Business Units with guidance on how to process certain payment situations where the type of …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6-unique-payment-situationsState Comptroller DiNapoli Statement on Governor's Resignation
… as we battle the ongoing impact of COVID-19. My team and I stand ready to assist incoming Governor Hochul as we … as we battle the ongoing impact of COVID19 My team and I stand ready to assist incoming Governor Hochul as we …
https://www.osc.ny.gov/press/releases/2021/08/state-comptroller-dinapoli-statement-governors-resignationState Agencies Bulletin No. 1857
… name and Social Security Number on their employees’ Form W-2. This requirement applies to resident and … this requirement is met prior to the generation of 2020 Form W-2 Wage and Tax Statements, OSC and agency … a new card from the SSA, provide the employee with Form SS-5 for completion and submission to the SSA. Verify …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1857-verification-employees-social-security-number-ssn-and-name-be-reportedState Agencies Bulletin No. 2275
… name and Social Security Number on their employees’ Form W-2. This requirement applies to resident and … this requirement is met prior to the generation of 2024 Form W-2 Wage and Tax Statements, OSC and agency … a new card from the SSA, provide the employee with Form SS-5 for completion and submission to the SSA. Verify …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2275-verification-employees-social-security-number-ssn-and-name-be-reportedAccounts Payable Advisory No. 52
… discounts vendors may offer. Prior to certifying a claim for payment for goods and services, agency staff must confirm the agency … act of acceptance, receivers must enter receipts in SFS for purchases from preferred sources, centralized contracts, …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/52-gfo-receiving-section-xi-a9Town of Willsboro – Audit Follow-Up (2014M-68-F)
… an elected five-member Town Board. Budgeted appropriations for the 2013 fiscal year were approximately $1.9 million. …
https://www.osc.ny.gov/local-government/audits/town/2016/08/05/town-willsboro-audit-follow-2014m-68-fCity of Poughkeepsie Industrial Development Agency – Project Approval and Monitoring (2021M-168)
… with periodic PILOT payment reports and assess penalties for late payments. CPIDA officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2022/07/08/city-poughkeepsie-industrial-development-agency-projectHancock Fire Department – Audit Follow Up (2018M-236-F)
… complete report - pdf] | [read complete 2019 report - pdf] Purpose of Audit The purpose of our review was to assess Hancock Fire … corrective action. Of the 10 audit recommendations, one recommendation was implemented, three recommendations …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2022/07/01/hancock-fire-department-audit-follow-2018m-236-fVillage of Washingtonville – Budget Review (B24-6-1)
… submitted to the Office of the New York State Comptroller for examination and recommendations. Key Findings The scope … of revenue has not been posted in the financial software for 2022-23 or 2023-24. The 2024-25 tentative budget includes … the Village may expend, as the Village did not provide salary schedules and most of the expenditures have not been …
https://www.osc.ny.gov/local-government/audits/village/2024/01/22/village-washingtonville-budget-review-b24-6-1Village of Delhi – Audit Follow-Up (2019M-204-F)
… Village of Delhi's (Village) progress, as of April 2022, in implementing our recommendations in the audit report released in January 2020. Background The Village is located in …
https://www.osc.ny.gov/local-government/audits/village/2022/05/20/village-delhi-audit-follow-2019m-204-fTown of Webb – Audit Follow-Up (2018M-188-F)
… - pdf ] | [ read complete 2018 report - pdf ] Purpose of Audit The purpose of our review was to assess the Town of … report released in November 2018. Background The Town is located in Herkimer County and is governed by an elected five-member Board composed of four …
https://www.osc.ny.gov/local-government/audits/town/2022/05/20/town-webb-audit-follow-2018m-188-fXII.8.F Changes to Vouchers After Submission to OSC – XII. Expenditures
… submittal to the Office of the State Comptroller (OSC) for payment through the Statewide Financial System. The … Vendor Location – used to indicate the business defaults for the voucher (e.g., payment method, bank account for ACH, address sequence for checks). Scheduled Payment Date …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii8f-changes-vouchers-after-submission-oscHorseheads Central School District – Audit Follow-Up Letter (2016M-138-F)
… District (District) is located in the Towns of Baldwin, Big Flats, Catlin, Erin, Horseheads and Veteran in Chemung …
https://www.osc.ny.gov/local-government/audits/school-district/2021/10/15/horseheads-central-school-district-audit-follow-letter-2016m-138-fDivision of Housing and Community Renewal Bulletin No. DH-108
… of OSCs automatic processing of the April 2020 DC37 2 Salary Increase …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/housing-and-community-renewal/dh-108-hold-april-2020-district-council-37-dc37-2-salaryDiNapoli: NYC Tax Collections Expected to Fall for First Time Since Great Recession
… city officials estimate that the enacted state budget will increase the city’s costs by $797 million over a two-year …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-nyc-tax-collections-expected-fall-first-time-great-recession