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Overview – Regional State Park Police Plan
… Your pension is based on your years of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the wages you earned during any 36 consecutive months of …
https://www.osc.ny.gov/retirement/publications/1867/overviewOverview – En-Con Police Officers Plan
… of credited service and your final average salary (FAS). For Tier 1, 2, 3 and 5 members, FAS is the average of the … months of service when your earnings were highest. For Tier 6 members, it is the average of your highest 60 … in the FAS;* Holiday pay; Noncompensatory overtime earned for each year in the FAS period;* and Longevity payments …
https://www.osc.ny.gov/retirement/publications/1822/overviewOpinion 95-12
… by L 1992, ch 708, govern the deposit and investment of public funds of "local governments". For this purpose, a … government is defined to include municipal corporations, school districts, BOCES, district corporations, special improvement districts, public libraries and IDAs (General Municipal Law, §§10[1][a], …
https://www.osc.ny.gov/legal-opinions/opinion-95-12Required Documentation
… If you file a claim: online , you may receive an email asking for documentation to prove ownership. by mail , you can attach the required documentation to your claim form. In some cases, we may send you a letter asking for additional …
https://www.osc.ny.gov/unclaimed-funds/claimants/required-documentationThe Domestic Relations Order – Divorce and Your Benefits
… determine that the member’s ex-spouse is entitled to share in the member’s benefit. Therefore, we will honor a properly … unlike a private pension plan, the rights of membership in NYSLRS belong only to the member. The spouse of a member … and surviving spouse protections of ERISA do not apply in the case of a state governmental plan. All rights given to …
https://www.osc.ny.gov/retirement/members/divorce/domestic-relations-orderDiNapoli Announces Latest Fiscal Stress Scores
… and develop realistic long-term financial plans.” The latest round of scores is based on 2015 financial information … scores for municipalities, visit: http://wwe1.osc.state.ny.us/localgov/fiscalmonitoring/fsms.cfm To read the … Three-Year Review ,” visit: http://www.osc.state.ny.us/localgov/fiscalmonitoring/pdf/threeyearsfsms_0916.pdf …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-announces-latest-fiscal-stress-scoresDiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… to 7 percent. The median assumed rate of return among public pension funds is 7.46 percent as of June 2018, … State Common Retirement Fund (Fund) is the third largest public pension plan in the nation with an audited year-end …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020State Agencies Bulletin No. 1944
… Actions Reporting Taxable Fringe Benefits Agencies are required to provide OSC with the value of the personal use of … use of the vehicle for purposes of commuting to and from an employee’s home and his or her official workstation … Valuing Personal Use of Vehicles Employees must choose from one of three IRS accepted methods to determine the value …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1944-procedures-reporting-taxable-value-personal-use-employer-providedOpinion 88-50
… §6-c[2]). A "capital improvement" includes "any physical public betterment or improvement" and related "furnishings, …
https://www.osc.ny.gov/legal-opinions/opinion-88-50Opinion 88-6
… although benefits under the plan vest immediately and in full, they are not payable until the "normal retirement age" …
https://www.osc.ny.gov/legal-opinions/opinion-88-6About the Standard Work Day and Reporting Resolution – Reporting Elected and Appointed Officials
… of Activities (ROA) has been submitted. In the event an official has not completed, signed and submitted an ROA, a Resolution must still be adopted within 180 days of an official taking a new or subsequent term of office. Be sure … with each town and county, the elected or appointed official must complete an ROA for three consecutive months …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/about-standard-work-day-and-reporting-resolutionState Agencies Bulletin No. 2022
… Purpose: As we await the enactment of the New York State (NYS) fiscal year 2022-23 budget, OSC would … does not apply to employees of the State University of New York (28***, excluding SUNY Construction Fund [28990], City University of New York [70***] or State Insurance Fund [00640, 00650]) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2022-paycheck-distribution-april-13-2022-administration-cycle-paychecksOpinion 90-60
… Municipal Law, §120-w. This is in reply to your request for our opinion concerning a proposed method of financing the … a trustee created to hold title to the facility. We assume for purposes of this opinion that the "lease" agreement … from entering into an installment purchase contract for the purchase of realty because section 109-b(2) expressly …
https://www.osc.ny.gov/legal-opinions/opinion-90-60Opinion 93-5
… and secure regularity and uniformity of procedure are held to be directory, and not mandatory, unless … Sea Beach Improvement Co. v City of New York , 214 NY 1; Metcalf v City of New York , 49 Hun 607, 1 NYS 873; … for the levy of taxes (21 Opns St Comp, 1965, p 664). We stated that, where the public was properly notified of the …
https://www.osc.ny.gov/legal-opinions/opinion-93-5Opinion 2001-7
… charge "entry fee" to properties within an extension to a public parking district) -- Extensions (authority to charge "entry fee" to properties within an extension to a public parking district) -- Public Parking Districts (authority to charge "entry fee" to …
https://www.osc.ny.gov/legal-opinions/opinion-2001-7Opinion 2000-20
… granted by the State Board of Regents and is open to the public without charge. The purposes of the museum are: to … 81-255, p 255, p 272, membership in local association of school boards; see also 1981 Opns St Comp No. 81-166, p 175, …
https://www.osc.ny.gov/legal-opinions/opinion-2000-20State Comptroller DiNapoli Releases Municipal Audits
… estimates for significant revenues and expenditures in the 2021 adopted budget. Due to uncertainties in available state funding for highway improvements that were planned to be made in 2020, officials delayed highway improvements from 2020 to …
https://www.osc.ny.gov/press/releases/2021/05/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: The South Bronx Sees Economic Growth Despite Pandemic Challenges
… has set a shining example of growth and tenacity. I extend my heartfelt congratulations to every member of this …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-south-bronx-sees-economic-growth-despite-pandemic-challengesState Police Bulletin No. SP-213
… Employees Employees of the Division of State Police in the State Police Troopers Unit – BU07 and the State Police … 2020 State Police Hazardous Duty Pay will be processed in Administration Pay Period 17L, paychecks dated 12/09/2020. Eligibility Criteria Employees in Bargaining Unit 07 or Bargaining Unit 17 who have a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-213-2020-state-police-hazardous-duty-payState Police Bulletin No. SP-223
… Employees Employees of the Division of State Police in the State Police Troopers Unit – BU07 and the State Police … 2021 State Police Hazardous Duty Pay will be processed in Administration Pay Period 17L, paychecks dated 12/08/2021. Eligibility Criteria Employees in Bargaining Unit 07 or Bargaining Unit 17 who have a …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-223-2021-state-police-hazardous-duty-pay