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Life Changes: Membership in a Nutshell
… your date of retirement. To apply for previous service, sign in to your Retirement Online account , go to the ‘My … and Social Security Law. It is a good idea to check our website frequently to make sure you have the most current … additional service credit based on a date of retirement up to five years into the future. In most cases, these …
https://www.osc.ny.gov/retirement/publications/life-changes-membership-nutshellDiNapoli: Heroin, Opioid Overdose Death Rates Rose Faster in New York Than in Most States
… heroin and prescription opioid abuse reached record highs in New York state in 2014, according to a report issued today by State … Comptroller Thomas P. DiNapoli. The overdose death rates in New York increased faster over the preceding decade than … heroin and prescription opioid abuse reached record highs in New York state in 2014 according to a report issued today …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-heroin-opioid-overdose-death-rates-rose-faster-new-york-most-statesVillage of Hancock – Insurance Withholdings (2022M-108)
… (Clerk) did not enforce the collection of retiree health insurance contributions, resulting in underpayments … Board (Board) action to support the contribution rates for dental insurance. Four employees overpaid a total of $1,400 … changes timely. Two retirees overpaid a total of $477 for health insurance. Key Recommendations Provide oversight over …
https://www.osc.ny.gov/local-government/audits/village/2022/10/28/village-hancock-insurance-withholdings-2022m-108DiNapoli: Statewide Local Sales Tax Collections Down 7.1 Percent in November
… from a decline of 3.6 percent in the Capital District to a drop of 10.9 percent in the Southern Tier. All but five … that will reflect final reported sales activity by location. This will give a clearer picture of what the …
https://www.osc.ny.gov/press/releases/2020/12/dinapoli-statewide-local-sales-tax-collections-down-71-percent-novemberDiNapoli: Local Sales Tax Growth Slows
… in 2014 suffered the slowest annual growth since the end of the 2008-09 recession, according to a report issued today … across this state know all too well the volatile nature of sales tax revenue in uncertain economic times,” said … continue.” DiNapoli’s report found that nearly 70 percent of the total growth in local sales tax collections last year …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-local-sales-tax-growth-slowsDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionWhat Tier Are You In?
… look under 'My Account Summary.' There are six tiers in the Employees’ Retirement System (ERS) and five in the Police and Fire Retirement System (PFRS). Your tier determines: Your eligibility for benefits, The formula used in the calculation of your benefits, Death …
https://www.osc.ny.gov/retirement/members/what-tier-are-youYour Membership Tier – Special 20- and 25-Year Plans
Special 20 and 25Year Plan information for PFRS Tier 2 3 Article 11 5 and 6 members under Sections 384 384d and 384e Tier Status
https://www.osc.ny.gov/retirement/publications/1517/your-membership-tierCity of Cortland – Non-Contractual Employees’ Payroll Benefits (2020M-161)
… report - pdf ] Audit Objective Determine whether the City of Cortland’s (City) non-contractual (NC) employees’ payroll benefits were … payments. The Director of Administration and Finance and City Attorney did not track their time worked or charge leave … Determine whether the City of Cortlands City noncontractual NC employees payroll …
https://www.osc.ny.gov/local-government/audits/city/2021/08/27/city-cortland-non-contractual-employees-payroll-benefits-2020m-161DiNapoli Report Highlights Regional Education Trends
… revenues, expenditures and student demographics, we can better inform the decisions of state lawmakers, education … points. Wealthier districts in New York often depend more on local revenues, such as property taxes, and less on state aid. For example, 68 percent of revenues for Long Island schools come from property taxes and other local …
https://www.osc.ny.gov/press/releases/2017/02/dinapoli-report-highlights-regional-education-trendsArchived: Legislative Session 2017–2018
… Chapter 48 of the Laws of 2017 – A.2384 (Abbate) / S.4759 (Golden) – Provides employers with a tailored graded … 303 of the Laws of 2017 – A.8093 (Abbate) / S.6391 (Golden) – Establishes a cap on the amount that certain Tier 6 … 368 of the Laws of 2017 – A.8092 (Abbate) / S.5256-A (Golden) – Standardizes the reporting period for which the …
https://www.osc.ny.gov/legislation/archived-legislative-session-2017-2018Psychotherapeutic Evaluational Programs, Inc. d.b.a. Parsons Preschool – Compliance With the Reimbursable Cost Manual
… services to disabled children who are between the ages of three and five years. For purposes of this report, these programs are collectively referred to … equipment, repair and maintenance, cleaning, elevator, air conditioning, telephone, and extermination expenses. …
https://www.osc.ny.gov/state-agencies/audits/2019/12/16/psychotherapeutic-evaluational-programs-inc-dba-parsons-preschool-compliance-reimbursableAdaptive Solutions Multi Services, PLLC - Compliance With the Reimbursable Cost Manual
… ended June 30, 2017. About the Program Adaptive Solutions is a New York City-based proprietary organization authorized … Together, they exceeded the allowable limit of a 1.0 full-time equivalent employee. $230,051 in compensation costs for …
https://www.osc.ny.gov/state-agencies/audits/2024/10/09/adaptive-solutions-multi-services-pllc-compliance-reimbursable-cost-manualDiNapoli: Local Sales Tax Collection Growth Highest Since 2013
… Local sales tax collection growth accelerated in 2017, according to a … on consumer spending, and the impact of new federal tax changes on this spending is the great unknown in this … those downstate. Meanwhile, the increase in county sales tax collections outside of New York City was 3.6 percent. …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-local-sales-tax-collection-growth-highest-2013Tier Status – En-Con Police Officers Plan
EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1822/tier-statusAbout Benefit Reductions
… retirement plans can retire with full benefits at the age specified by their plan, or choose to retire as early as age 55 with a reduction for early retirement.* *Tier 1 … be. It is important to know that once you retire with a reduced benefit, the reduction is permanent — it does not end …
https://www.osc.ny.gov/retirement/members/about-benefit-reductionsDiNapoli: Wall Street Bonuses Declined in 2010
… deferred compensation and higher base salaries. Wall Street profits totaled $27.6 billion in 2010, which would be … down, but that's not an indicator of a weakness on Wall Street," DiNapoli said. "Wall Street is changing its compensation practices in response to …
https://www.osc.ny.gov/press/releases/2011/02/dinapoli-wall-street-bonuses-declined-2010Your Membership Tier – State Police Plan
… When you join PFRS, you are assigned a tier depending on your date of membership. You are in: If you joined: Tier 1 Before July 31, 1973 Tier 2 July 31, 1973, through June 30, 2009 Tier 3 July 1, … State Police Plan information for PFRS Tier 2 5 and 6 members under Sections 381b Tier Status …
https://www.osc.ny.gov/retirement/publications/1518/your-membership-tierTier Status – Career Plan
… When you join the Retirement System, you are assigned to a tier … 8, 2010 and did not elect to be covered by Article 22 (i.e., did not opt into Tier 5), can be covered by Article 11 or Article 14 benefits, …
https://www.osc.ny.gov/retirement/publications/1642/tier-statusTier Status – Police and Fire Plan
… When you join the Retirement System, you are assigned to a tier … 8, 2010 and did not elect to be covered by Article 22 (i.e., did not opt into Tier 5) can be covered by Article 11 or Article 14 benefits, …
https://www.osc.ny.gov/retirement/publications/1512/tier-status