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Divorce – En-Con Police Officers Plan
… The New York State Court of Appeals has determined that retirement benefits are … distribution. “Equitable distribution” is the division of marital assets between spouses after the marriage has … to your ex-spouse. A DRO gives us specific direction on how your retirement benefits should be divided. However, …
https://www.osc.ny.gov/retirement/publications/1822/divorceEast Hampton Housing Authority – Board Oversight (2017M-33)
… Purpose of Audit The purpose of our audit was to assess the Board's oversight of the … qualified individuals, manages 93 housing units located on three properties in the Town and purchased a fourth …
https://www.osc.ny.gov/local-government/audits/public-authority/2017/03/24/east-hampton-housing-authority-board-oversight-2017m-33DiNapoli Announces 2019 Fiscal Stress Scores
… 2019, according to State Comptroller Thomas P. DiNapoli’s Fiscal Stress Monitoring System (FSMS) . The scores were … Designated in “moderate stress” were the cities of Glen Cove (Nassau) and Little Falls (Herkimer) and the towns … and the towns of Colonie (Albany), Dayton (Cattaraugus), Glen (Montgomery), and Moira (Franklin) were identified as …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-announces-2019-fiscal-stress-scoresRefunds – Divorce and Your Benefits
… the refund will be sent to the member only. Rev. 2/23 …
https://www.osc.ny.gov/retirement/members/divorce/refundsFull- and Part-Time Service Credit – Special 20- and 25-Year Plans
… Full-Time Employment If you join PFRS on the day you begin … with a participating employer and work continuously on a full-time basis, we calculate your retirement service credit …
https://www.osc.ny.gov/retirement/publications/1517/full-and-part-time-service-creditFull- and Part-Time Service Credit – State Police Plan
… Full-Time Employment If you join PFRS on the day you begin … with a participating employer and work continuously on a full-time basis, your service credit equals the total time …
https://www.osc.ny.gov/retirement/publications/1518/full-and-part-time-service-creditMedicaid Program – Medicaid Payments for Pharmacy Claims: Joia Pharmacy and a Related Prescriber
… Purpose To determine whether Medicaid made proper payments to Joia Pharmacy, Inc. (Joia) and a related prescriber … To determine whether Medicaid made proper payments to Joia Pharmacy Inc and a related prescriber in compliance …
https://www.osc.ny.gov/state-agencies/audits/2017/06/27/medicaid-program-medicaid-payments-pharmacy-claims-joia-pharmacy-and-related-prescriberOrdinary Disability – En-Con Police Officers Plan
… and Fire Retirement System before September 1, 1997. For those who last joined on or after September 1, 1997, only … ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-disabilityDiNapoli: State Agency Overtime Pay Rose to a Record $716 Million Last Year
… by State Comptroller Thomas P. DiNapoli. The total number of overtime hours worked also increased, continuing a trend … 16.8 million overtime hours last year, at a record cost of $716 million,” DiNapoli said. “New York’s state agencies … accruing overtime, reflecting a relatively heavy reliance on overtime. Veterans’ Homes had the highest share of …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-state-agency-overtime-pay-rose-record-716-million-last-yearDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… Retirement System (ERS) will decrease from 15.3 percent of payroll to 14.9 percent of payroll. The estimated average contribution rate for the … state pension fund. Employer rates are determined based on actuarial assumptions recommended by the Retirement …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19DiNapoli: LIRR Must Better Prepare for Severe Weather to Prevent Service Disruptions and Costly Damages
… The Long Island Rail Road (LIRR) needs to do more to properly prepare for severe weather events, according to an audit released today by New York State Comptroller … The Long Island Rail Road LIRR needs to do more to properly prepare for severe weather events …
https://www.osc.ny.gov/press/releases/2024/03/dinapoli-lirr-must-better-prepare-severe-weather-prevent-service-disruptions-and-costly-damagesCost-Saving Ideas: School District Auditing – Internal Auditor
… are in place and working; performs an annual update on the risk assessment; tests and evaluates one or more areas of the district’s operations periodically; and prepares … your district has: fewer than eight teachers, expenditures of less than $5 million in the previous year, or enrollment …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-school-district-auditing-internal-auditorBrighter Choice Charter School for Girls – Financial Operations (2013M-321)
… Purpose of Audit The purpose of our audit was to evaluate the effectiveness of the … fiscal year were approximately $4.14 million. Key Findings On May 27, 2011, the Board approved a compact contract …
https://www.osc.ny.gov/local-government/audits/charter-school/2014/02/07/brighter-choice-charter-school-girls-financial-operations-2013m-321Contract Advisory No. 21
… and Correcting Off-Contract Payments Guidance: The Office of the State Comptroller, in conjunction with the Statewide … to be available for use via Purchase Order (PO). A list of contracts that have not been updated is available on the SFS Secure Website located under Support > Agency …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/21-reminder-update-and-pre-encumber-contracts-converted-during-ee1-october-2015DiNapoli Op-Ed in Times Union
… finances, and particularly debt, rarely receive that level of public attention. Many states, including New York, have debt limits in place on state bonds. However, the structure and efficacy of those limits varies greatly. In New York, the limits have …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-op-ed-times-unionHomeless Outreach Program at Penn Station, Grand Central, and Outlying Stations Within New York City
… its homeless outreach services contract at Pennsylvania Station (Penn Station), Grand Central Terminal (Grand … (LIRR portions), Metro-North stations and rights of way in Manhattan and the Bronx, and LIRR stations and rights of way in Queens and Kings counties. Pursuant to the contract, …
https://www.osc.ny.gov/state-agencies/audits/2019/07/23/homeless-outreach-program-penn-station-grand-central-and-outlying-stations-within-new-yorkDiNapoli: Pension Contribution Rates Remain Stable for Fiscal Year 2017-18
… Retirement System (ERS) will decrease from 15.5 percent of payroll to 15.3 percent of payroll. The average contribution rate for the Police and … pensions are secure." Employer rates are determined based on actuarial assumptions recommended by the Retirement …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-pension-contribution-rates-remain-stable-fiscal-year-2017-18DiNapoli: Audit Finds Poor Financial Management by Central New York Regional Market Authority Board
… The Central New York Regional Market Authority’s financial position has deteriorated, and … on the authority’s budget. “The Central New York Regional Market Authority board and officials need to turn its … The Syracuse-based public authority operates a farmers market and flea market to help vendors sell their products to …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-audit-finds-poor-financial-management-central-new-york-regional-market-authority-boardParking Structures (2017-MS-3)
… entities: Albany Parking Authority [pdf] and the Cities of Buffalo [pdf] , Ithaca [pdf] , Rochester [pdf] , Syracuse … The lack of periodic inspections has resulted in three Buffalo, two White Plains and possibly two Ithaca parking … by structural engineers within the last 10 years. Buffalo, Ithaca, Rochester, Syracuse and White Plains also …
https://www.osc.ny.gov/local-government/audits/city/2017/12/29/parking-structures-2017-ms-3DiNapoli: Local Sales Taxes Jump 49.2 Percent in Second Quarter
… COVID-19 pandemic, according to State Comptroller Thomas P. DiNapoli . Sales tax collections during this period grew … $686 million in sales tax revenue. Of that total, $431 million was generated by sales outside of New York City …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-local-sales-taxes-jump-49-point-2-percent-second-quarter