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DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… 4.51%. “The equity markets had some difficult times in 2022, but the Fund posted positive results for the … quarter,” DiNapoli said. “Market volatility may persist in 2023, but the Fund remains well-diversified and built to … and real assets (13.43%) and credit, absolute return strategies, and opportunistic alternatives (6.24%). The …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterTown of Northampton – Financial Management and Internal Controls Over Town Clerk Receipts (2012M-233)
… of Audit The purpose of our audit was to evaluate the Town’s financial management and the internal controls over … of cash to liabilities. The method of providing ambulance services to the Town is unclear. The Town has not …
https://www.osc.ny.gov/local-government/audits/town/2013/05/03/town-northampton-financial-management-and-internal-controls-over-town-clerk-receiptsWainscott Common School District – Financial Condition (2013M-268)
… of the District's unexpended surplus fund balance is in compliance with Real Property Tax Law statutory limits. …
https://www.osc.ny.gov/local-government/audits/school-district/2013/12/20/wainscott-common-school-district-financial-condition-2013m-268Fund Financial Data – 2023 Financial Condition Report
… view of finances. As such, these statements only focus on the inflows and outflows of current financial resources— … and expenditures that are not required to be accounted for in another separate fund. In New York State, significant sources of funds that normally …
https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-dataPlymouth Fire District – Controls Over Financial Activity (2014M-211)
… distinct and separate from the Town of Plymouth, located in Chenango County. The District is governed by a five-member … Board does not review bank statements or reconciliations on a monthly basis and does not compare canceled check images …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/10/03/plymouth-fire-district-controls-over-financial-activity-2014m-211State Agencies Bulletin No. 784
… Purpose To notify agencies of the direct mailing by the Internal … of the State Comptroller (OSC), has partnered with the IRS to encourage employees to file tax returns electronically. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/784-benefits-irs-e-fileUnified Court System Bulletin No. UCS-78
… Benefit for tax purposes. Affected Employees Employees in Bargaining Units SK and SD who receive a paycheck or … The applicable Earn Code and the value will be displayed on the payroll register and the employee’s pay stub or direct …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-78-prepaid-legal-service-benefit-ucs-employeesMore About This Retirement Plan – Article 14 Benefits
… Local Police and Fire Retirement System members who joined on or after July 1, 2009 and before January 9, 2010. … of New York, administers this plan. Our main office is in Albany, New York. This publication is a general summary of …
https://www.osc.ny.gov/retirement/publications/1644/more-about-retirement-planUniondale Union Free School District – Procurement (2016M-195)
… The Uniondale Union Free School District is located in the Town Hempstead, Nassau County. The District, which … to allow for verifying that the items and pricing on the invoices matched the contracts or cooperative bids. …
https://www.osc.ny.gov/local-government/audits/school-district/2016/07/22/uniondale-union-free-school-district-procurement-2016m-195State Agencies Bulletin No. 291
… code 899, NYS World Trade Center Relief Fund, into PaySR on the employee's General Deduction Data (Agency) panel, … 12/27/2001 12/25/2002 NOTE: There are 27 paychecks in the year 2002 for Administration cycle employees. For …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/291-new-deduction-code-899-new-york-state-nys-world-trade-center-relief-fundState Agencies Bulletin No. 2300
… The purpose of this bulletin is to notify agencies of the 2025 maximum salary limit for ORP and VDC plan members. … and 408 (k) (6) (D) (ii) will increase to $350,000 for the 2025 calendar year. Effective Dates: Effective beginning Administration paychecks dated January 9, 2025 and Institution paychecks dated January 15, 2025. OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2300-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntaryTown of Cherry Valley – Financial Condition (2016M-212)
… Purpose of Audit The objective of our audit was to assess the Town’s financial condition and analyze the … health center’s activity and some costs are not allocated to the health center accordingly. Without planning for unexpected additional expenditures, the ability to continue operating the health center may be significantly …
https://www.osc.ny.gov/local-government/audits/town/2016/08/26/town-cherry-valley-financial-condition-2016m-212Orchard Park Central School District - Financial Management and Payroll (2018M-89)
… by a collective bargaining agreement (CBA), employment contract or Board resolution and one teacher reviewed and approved her own time … are paid at rates established by a CBA, employment contract or Board resolution. District officials disagreed …
https://www.osc.ny.gov/local-government/audits/school-district/2018/08/17/orchard-park-central-school-district-financial-management-and-payrollTown of Cambria – Capital Projects Financing (2017M-161)
… snow removal, water and sewer, refuse collection and general government administration. Budgeted appropriations … $5.1 million. Key Findings The Board did not adopt a bond resolution before issuing a bond anticipation note (BAN). The Town issued a short-term …
https://www.osc.ny.gov/local-government/audits/town/2018/01/26/town-cambria-capital-projects-financing-2017m-161State Agencies Bulletin No. 1374
… Purpose The purpose of this bulletin is to provide agency payroll staff with …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1374-deduction-priority-schedule-updatedSpecial Accidental Death Benefit – New Career Plan
… during the 12 months prior to death. For payments made on or after January 1, 2001, the salary used to compute the … not be less than: The full salary you would have earned in the highest grade-step; or If you were in the highest grade-step of a supervisory position, the …
https://www.osc.ny.gov/retirement/publications/1515/special-accidental-death-benefitApplying for Previous or Military Service Credit – Article 14 Benefits
… To receive credit for previous or military service, send a … must be received before your effective date of retirement) to our Member & Employer Services Bureau. Include as much … is a cost, it will be less expensive than if you wait to purchase it at a later date. You will stop making the 3 …
https://www.osc.ny.gov/retirement/publications/1644/applying-previous-or-military-service-creditWheelerville Union Free School District – Unused IT Asset Inventory (2022M-2)
… and an unlocked cabinet in a classroom and did not track or monitor who accessed the equipment. We also observed … risk of potential theft and misuse of personal, private or sensitive information, or unauthorized access to the network. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/school-district/2022/05/27/wheelerville-union-free-school-district-unused-it-asset-inventory-2022m-2Town of Pulteney – Financial Condition (2021M-24)
Determine whether the Town of Pulteney Town Board effectively managed the Towns financial condition
https://www.osc.ny.gov/local-government/audits/town/2021/06/25/town-pulteney-financial-condition-2021m-24Village of Mount Morris – Treasurer’s Office (2013M-65)
… 2013. Background The Village of Mount Morris is located in the Town of Mount Morris in Livingston County, and has a population of approximately … to perform her discretionary duties and provides details on the work to be produced including deadlines for …
https://www.osc.ny.gov/local-government/audits/village/2013/05/31/village-mount-morris-treasurers-office-2013m-65