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Overview – Non-Contributory Plan with Guaranteed Benefits
… Your pension is based on your years of credited service and your final average salary (FAS). For … your FAS can include, but is not limited to, the following types of payments. In some cases, certain restrictions may … in the years used in the FAS calculation. The following types of payments are not considered regular compensation …
https://www.osc.ny.gov/retirement/publications/1513/overviewOne-Year FAS – Basic Plan with Increased-Take-Home-Pay (ITHP)
… higher FAS. (Note: This benefit is generally not available to Tier 6 members.) The one-year FAS includes only the … of a one-year FAS can include, but is not limited to, the following types of payments: Regular salary; … amount of overtime and noncompensatory overtime is limited to 15 percent of your salary. …
https://www.osc.ny.gov/retirement/publications/1511/one-year-fasOverview – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Your pension is based on your years of credited service and your final average salary (FAS). For … your FAS can include, but is not limited to, the following types of payments. In some cases, certain restrictions may … in the years used in the FAS calculation. The following types of payments are not considered regular compensation …
https://www.osc.ny.gov/retirement/publications/1511/overviewSee if any of NY's $12.5 Billion in Unclaimed Funds is Yours at Upcoming Statewide Events
… York has $12.5 billion in unclaimed fund accounts. We want to return this money to its rightful owners,” DiNapoli said. … unclaimed funds at www.osc.state.ny.us or by calling toll free at 1-800-221-9311. Click here to read a fact sheet about … York City Feb. 8 3:00pm-5:00pm Assemblyman Marco Crespo’s Free Application For Federal Student Aid Workshop New York …
https://www.osc.ny.gov/press/releases/2014/02/see-if-any-nys-125-billion-unclaimed-funds-yours-upcoming-statewide-eventsDiNapoli: Local Sales Tax Collections Grew 5.1% in November
… what each municipality is due. In the third month of each calendar year quarter, these distributions are adjusted … reported sales by vendors. The next quarterly numbers (for October to December) will be available in January. Table …
https://www.osc.ny.gov/press/releases/2023/12/dinapoli-local-sales-tax-collections-grew-5-point-1-percent-in-novemberAbout this Report – 2023 Financial Condition Report
… This report provides citizens with an overview of the financial condition of New York State. It presents selected financial, economic, and … detailed financial reports issued by the Office of the New York State Comptroller, and is meant to complement those … This report provides citizens with an overview of the financial condition of New …
https://www.osc.ny.gov/reports/finance/2023-fcr/about-reportState Agencies Bulletin No. 296
… in gray. (See Attachment 1) Effective Date The processing of the new changes will take place beginning December 12, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/296-revised-data-capture-files-nhrp-716-and-nhrp-517State Agencies Bulletin No. 314
… Attached are the rules for determining the taxable status of maintenance deductions for State employees. Effective … with the checks dated July 17,2002. OSC Actions The Office of the State Comptroller will produce listings to identify … Deductions mailbox. Attachment - Determining Taxability of Maintenance Deductions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/314-change-maintenance-rates-employee-housing-and-mealsState Agencies Bulletin No. 2142
… purpose of this bulletin is to notify agencies of the 2023 plan year maximum salary limit and pensionable overtime … 5 TRS members. Affected Employees: Tier 5 members of TRS Plan Type 86 are affected. Background: In accordance with … to $330,000 for the 2023 calendar year for TRS Tier 5 plan participants. In accordance with Chapter 504 of the Laws …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2142-tier-5-maximum-salary-limit-and-pensionable-overtime-ot-earnings-limitXIV.14.E Recording General Capital Assets – XIV. Special Procedures
… assets should be classified in the appropriate account code to indicate the type of fixed asset owned. General … assets should be classified in the appropriate account code to indicate the type of fixed asset owned and the source …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv14e-recording-general-capital-assetsX.10 Record Retention for Vendor Records – X. Guide to Vendor/Customer Management
… (OSC) record retention requirements related to vendor registration in the Statewide Financial System (SFS). OSC’s auditors will require … to support information that is entered into the Statewide Vendor File in the SFS. As a result, OSC may contact the … Comptrollers OSC record retention requirements related to vendor registration in the Statewide Financial System SFS …
https://www.osc.ny.gov/state-agencies/gfo/chapter-x/x10-record-retention-vendor-recordsState Comptroller DiNapoli Releases School District Audits
… not effectively manage financial condition. The practice of overestimating appropriations each year and annually …
https://www.osc.ny.gov/press/releases/2021/01/state-comptroller-dinapoli-releases-school-district-audits-0State Agencies Bulletin No. 1907
… Purpose The purpose of this bulletin is to provide agencies instructions to … all New Hire transactions and changes to Personal Data, when the Date of Birth field is blank, in PayServ. Employees … regarding this bulletin may be directed to the Payroll Retirement mailbox. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1907-maintain-date-employee-date-birth-dob-payserv-systemDiNapoli: MTA's Future Unthinkable Without Aid From Washington
… if it does not receive needed federal assistance: “The MTA is facing an unprecedented challenge – a completely … workers or commuters. The extreme measures outlined by the MTA this week underline the choices we face if funding is not … of every dollar of revenue. “Washington must act. The MTA needs federal support to manage this crisis. The …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-mtas-future-unthinkable-without-aid-washingtonState Comptroller DiNapoli Releases School District Audits
… new bus acquisitions resulting in a potential revenue loss of $477,200. During the audit, the business manager prepared and submitted state aid forms for three of these buses. The district unnecessarily borrowed more than …
https://www.osc.ny.gov/press/releases/2020/07/state-comptroller-dinapoli-releases-school-district-audits-0Debt Approvals for Public Authorities, Municipalities, School Districts and District Corporations
… to sell their bonds or notes at private sale, regardless of limitations on private sales otherwise in law. New York … County must secure the Comptroller’s approval of the terms and conditions of their bonds and notes when they are … and criteria for the State Comptroller's review of the terms and conditions of certain municipal and public …
https://www.osc.ny.gov/debt/approvalsAbout this Report – 2022 Financial Condition Report
… citizens with an overview of the financial condition of New York State. It presents selected financial, economic, and … detailed financial reports issued by the Office of the New York State Comptroller, and is meant to complement those … payments and pension contributions. The Office of the New York State Comptroller was honored for the 25th year when …
https://www.osc.ny.gov/reports/finance/2022-fcr/about-reportState Agencies Bulletin No. 2251
… of the Internal Revenue code, providing dollar limitations on benefits and contributions under qualified retirement …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2251-tier-5-maximum-salary-limit-and-pensionable-overtime-ot-earnings-limitDiNapoli: State Pension Fund Valued at $267.7 Billion at End of First Quarter
… estimated value of the New York State Common Retirement Fund Fund was $2677 billion at the end of the first quarter …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-state-pension-fund-valued-267-point-7-billion-end-first-quarterTown of West Seneca – Audit Follow-Up (2019M-195-F)
… in the audit report Town of West Seneca – Capital Project Management (2019M-195), released in March 2020. The … Board (Board) did not properly plan and manage the capital project and was not fully transparent on the anticipated project costs. As a result, original estimates of $9.8 …
https://www.osc.ny.gov/local-government/audits/town/2025/04/18/town-west-seneca-audit-follow-2019m-195-f