Search
IRS Pension Limitation – Non-Contributory Plan with Guaranteed Benefits
… Internal Revenue Code Section 401(a)(17) limits the amount of salary that qualified pension plans, including the New …
https://www.osc.ny.gov/retirement/publications/1513/irs-pension-limitationIRS Pension Limitation – Career Plan
… the New York State and Local Retirement System, may use in calculating benefits. It affects members who first join on … excludes earnings over $250,000 (effective April 1, 2012) in the State’s fiscal year (April 1st – March 31st). The amount is set by federal law and is periodically adjusted for inflation. …
https://www.osc.ny.gov/retirement/publications/1642/irs-pension-limitationIRS Pension Limitation – New Career Plan
… Internal Revenue Code Section 401(a)(17) limits the amount of salary that qualified pension plans, including the New …
https://www.osc.ny.gov/retirement/publications/1515/irs-pension-limitationTown of Lodi – Town Hall Capital Project (2024M-130)
… performed throughout the Project. Work associated with six change orders totaling $65,537 was completed without the … Board approved 17 payments totaling approximately $930,000 to construction contractors without adequate supporting … that the work was performed and completed according to contract terms. Key Recommendations The audit report …
https://www.osc.ny.gov/local-government/audits/town/2025/07/11/town-lodi-town-hall-capital-project-2024m-130Unified Court System Bulletin No. UCS-100
… Annual employees in Bargaining Unit SY who are Active or on authorized Paid Leave or Leave of Absence (except for LOA / RPD ) on the contract … at the time of their reclassification to a higher grade on or about January 8, 2004, were at or above the maximum salary …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-100-ucs-80000-bonus-payment-and-150000-one-time-bonus-paymentTown of Patterson – Justice Court Operations (2020M-63)
… report - pdf] Audit Objective Determine whether the Town of Patterson (Town) Justices collected, recorded, deposited, … $16,287 to the known payees or remit them to the Town. 55 of 100 tickets reviewed were not reported or incorrectly reported to the New York State Department of Motor Vehicles (DMV), or were not submitted to the DMV’s …
https://www.osc.ny.gov/local-government/audits/justice-court/2020/11/06/town-patterson-justice-court-operations-2020m-63About Benefit Reductions
… early as age 55 with a reduction for early retirement.* *Tier 1 members can retire at age 55 without a benefit reduction. Retirement System and Tier Retirement Age for Full Benefit ERS Tiers 2, 3, 4 and 5 62 ERS Tier 6 63 PFRS Tiers 2, 3 and 5 62 PFRS Tier 6 …
https://www.osc.ny.gov/retirement/members/about-benefit-reductionsDiNapoli Announces $200 Million Commitment for Opportunistic Investments
… New York State Comptroller Thomas P. DiNapoli announced today that the … further expand the state pension fund’s pool of talented money managers, help boost the new opportunistic portfolio … 80 percent of the cost of benefit payments has been funded by investment returns. The Fund’s fiscal year ends March 31, …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-announces-200-million-commitment-opportunistic-investmentsDiNapoli Op-Ed in Democrat & Chronicle Calls for Swift Action to Address Growing Food Insecurity
… and injustice. The long lines of people waiting for food speak to the inequities many face when it comes to accessing food. While uncertainty haunts the pandemic, the need to … U.S. Census Bureau data confirms the stark reality of food insecurity: 1.3 million adult New Yorkers live in …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-op-ed-democrat-chronicle-calls-swift-action-address-growing-food-insecurityCity of Yonkers – Separation Payments and Health Insurance Buyouts of Yonkers City School District Employees (2024M-36)
… complete report – pdf] Audit Objective Determine whether City of Yonkers (City) officials ensured Yonkers City School District …
https://www.osc.ny.gov/local-government/audits/city/2024/07/26/city-yonkers-separation-payments-and-health-insurance-buyouts-yonkers-city-schoolOpinion 98-1
… LAW, §§99-r, 103; SOCIAL SERVICE LAW, §365-a: Pursuant to General Municipal Law, §99-r, a county, by direct … services, which the county provides pursuant to the Social Services Law and regulations, for Medicaid clients. This is in reply to your letter concerning a proposal in connection with the …
https://www.osc.ny.gov/legal-opinions/opinion-98-1Securities and Exchange Commission Letter 2016
iNapoli wrote to Securities and Exchange Commission calling for more robust reporting requirements on climate risk and a number of other ESG issues.
https://www.osc.ny.gov/files/press/pdf/securities-and-exchange-commission-2016.pdfState Comptroller DiNapoli & U.S. Attorney Announce Guilty Plea & Sentencing of Former Albany Resident for Defrauding NYS Retirement System of $130,624
… State Comptroller Thomas P. DiNapoli and United States … he was entitled to. The case was originally prosecuted by the United States Attorney’s Office in the Southern … Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at …
https://www.osc.ny.gov/press/releases/2017/12/state-comptroller-dinapoli-us-attorney-announce-guilty-plea-sentencing-former-albany-residentState Audit Shows Need to Improve Response to Noise Complaints in NYC
… SLA limited its use of data relevant to noise problems in NYC. As such, there was substantial risk that serious noise … from 2010 to 2015, here: http://osc.state.ny.us/press/docs/nyc-nightlife-noise-complaints-map.pdf Read the report , or …
https://www.osc.ny.gov/press/releases/2017/06/state-audit-shows-need-improve-response-noise-complaints-nycNYS Common Retirement Fund Reports Estimated First Quarter Results
… amid Russia’s invasion of Ukraine, rising inflation and supply chain issues that continue to effect the economy,” …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsNYSLRS Ordinary Death Benefit
… – Authorizes beneficiaries to choose pension benefits or a death benefit in certain circumstances. Memo Bill Text … … Authorizes beneficiaries to choose pension benefits or a death benefit in certain circumstances …
https://www.osc.ny.gov/legislation/nyslrs-ordinary-death-benefitNY State Comptroller DiNapoli Statement on McDonald's Agreement to Tie Executive Compensation to Diversity, Workforce Management
… to foster inclusion and ensure improved human capital management. As a result of McDonald’s new policy, DiNapoli … in the United States with an estimated $247.7 billion in assets under management as of Dec. 31, 2020. The Fund holds and …
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-statement-mcdonalds-agreement-tie-executive-compensation-diversityDepartment of Social Services – Monitoring of Service Provider Agreements (2016-MS-1)
… , Fulton , Monroe , Schenectady and Tioga . Purpose of Audit The purpose of our audit was to determine if counties effectively … December 31, 2013. Background Each county Department of Social Services (Department) is responsible for providing …
https://www.osc.ny.gov/local-government/audits/county/2016/07/19/department-social-services-monitoring-service-provider-agreements-2016-ms-1Administrative Hearings
… pending disability applications, NYSLRS may request to schedule the hearing case after determinations have been made …
https://www.osc.ny.gov/retirement/members/administrative-hearingsDiNapoli Testifies Before U.S. House Committee on Financial Services Subcommittee on Diversity & Inclusion
… ethnic diversity, and refuse to embed diversity in their search for new board directors. Testimony Watch a replay of …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-testifies-us-house-committee-financial-services-subcommittee-diversity-inclusion