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Partial Lump Sum Payment – State Police Plan
… Eligible PFRS members can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS … your monthly benefit will be permanently reduced . For most members, you will receive your PLS along with your … your retirement month. Eligibility To be eligible for the PLS payment, you must: Retire under a special 20- or …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-paymentPartial Lump Sum Payment – Special 20- and 25-Year Plans
… Eligible PFRS members can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a PLS … your monthly benefit will be permanently reduced . For most members, you will receive your PLS along with your … your retirement month. Eligibility To be eligible for the PLS payment, you must: Retire under a special 20- or …
https://www.osc.ny.gov/retirement/publications/1517/partial-lump-sum-paymentDiNapoli Releases Bond Calendar for Fourth Quarter
… today announced a tentative schedule for the planned bond sales for the State, New York City, and their major public authorities during the fourth quarter … by the committee to assist participants in the municipal bond market. It is contingent upon execution of all project …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-releases-bond-calendar-fourth-quarterComptroller DiNapoli Releases Municipal Audits
… were not always deposited in a timely manner and cash on hand was not properly safeguarded. Orient Fire District – …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-municipal-auditsDiNapoli: Orange County Resident Arrested for Stealing Her Late Mother’s Pension Benefits
… Orange County District Attorney David M. Hoovler, and the New York State Police today announced that Valerie White, of … to Orange County District Attorney Hoovler and the New York State Police for their partnership and sending the … in this investigation and maintaining the integrity of the New York State and Local Retirement System. Public monies …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-orange-county-resident-arrested-stealing-her-late-mothers-pension-benefitsAn Analysis of Reasonable and Customary Out-of-Network Reimbursement Rates for Medical/Surgical Services in the New York State Health Insurance Program
… the State Department of Civil Service (Civil Service), is one of the nation’s largest public sector health insurance … by the State Department of Civil Service Civil Service is one of the nations largest publ …
https://www.osc.ny.gov/state-agencies/audits/2020/04/01/analysis-reasonable-and-customary-out-network-reimbursement-rates-medicalsurgical-servicesHigher Education – 2021 Financial Condition Report
… per capita. According to the Federal Reserve, the student loan debt balance per capita in the State grew by 11.0 percent … during the same period. The percent of the student loan debt balance in New York State that was 90 or more days …
https://www.osc.ny.gov/reports/finance/2021-fcr/higher-educationCity of Mount Vernon – Non-Payroll Disbursements (2021M-163)
… complete report - pdf ] Audit Objective Determine whether City of Mount Vernon (City) officials provided proper oversight of non-payroll disbursements and the former City Comptroller (former Comptroller) properly accounted for … Determine whether City of Mount Vernon City officials provided proper oversight …
https://www.osc.ny.gov/local-government/audits/city/2022/01/31/city-mount-vernon-non-payroll-disbursements-2021m-163NYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… today announced $800 million in recent investments through the New York State Common Retirement Fund’s (Fund) … Comptroller DiNapoli announced $800 million in investments through the NYS Common Retirement Funds Sustainable …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsState Comptroller DiNapoli Releases School District Audits
… officials did not adequately safeguard computerized data from unauthorized use, access and loss. In addition to … services. Officials did not ensure the IT contingency plan was kept up to date. As a result, in the event of a …
https://www.osc.ny.gov/press/releases/2022/09/state-comptroller-dinapoli-releases-school-district-audits-0State Comptroller DiNapoli Releases School District Audits
… New York State Comptroller Thomas P. DiNapoli today announced … Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2021/09/state-comptroller-dinapoli-releases-school-district-auditsState Comptroller DiNapoli Releases Municipal Audits
… Without formal long-term capital plans and reserves in place, the board increases the risk that money will not be … duties and ensure that proper controls were in place over cash receipts and disbursements. In addition, some … to accrue. Find out how your government money is spent at Open Book New York . Track municipal spending, the state's …
https://www.osc.ny.gov/press/releases/2018/07/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases School District Audits
… found expenditures have exceeded appropriations by a total $626,000 in 2017-18 and 2018-19. Additionally, the budgets are not structurally balanced and have used $1.5 million in appropriated fund balance to fund operations. Because of …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-school-district-auditsOrdinary Death Benefit – State Police Plan
… of this benefit is paid in the form of group-term life insurance, which is currently exempt from federal income tax. … has not been terminated by resignation, employer action, retirement or any other means while receiving those benefits; … of $1,000, as limited by Section 130 of the Civil Service Law. …
https://www.osc.ny.gov/retirement/publications/1518/ordinary-death-benefitAgency Financial Reporting Package
… State agencies. Financial data and related information is required to ensure full and proper disclosure in financial … Application. You will receive two automated emails from the system. One email will contain your User ID and the …
https://www.osc.ny.gov/state-agencies/agency-financial-reporting-packageComptroller DiNapoli Releases School Audits
… his office completed audits of the Amani Public Charter School , Holland Central School District , Mount Pleasant Central School District and the Onteora Central School District . “In … his office completed audits of the Amani Public Charter School Holland Central School District Mount Pleasant Central …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-school-auditsKenmore-Town of Tonawanda Union Free School District – Change Orders (2022M-41)
… - pdf] Audit Objective Determine whether the Kenmore-Town of Tonawanda Union Free School District (District) Board of Education (Board) and District officials properly managed … over $860,000 that were for the same or similar types of material or service. As a result, we question whether the …
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/05/kenmore-town-tonawanda-union-free-school-district-change-orders-2022m-41Sharon Springs Central School District – Fund Balance Management (2022M-100)
… School District (District) Board of Education (Board) and officials effectively managed fund balance. Key Findings The Board and District officials did not effectively manage fund balance, and need to improve their budgeting practices and be more … Central School District District Board of Education Board and officials effectively managed fund balance …
https://www.osc.ny.gov/local-government/audits/school-district/2022/09/30/sharon-springs-central-school-district-fund-balance-management-2022m-100Port Jervis City School District – Financial Condition (2022M-152)
… Jervis City School District (District) officials and Board of Education (Board) effectively managed the District’s … overestimated general fund appropriations by an average of $5.8 million each year from 2017-18 through 2020-21 and appropriated $4.8 million of fund balance that was not used. As of June 30, 2021, …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/23/port-jervis-city-school-district-financial-condition-2022m-152Town of Hamburg - Finance Office (2023M-109)
… payroll duties and prohibit officials and employees from approving their own time sheets and overtime. Town … officials agreed with our findings and indicated that they plan to initiate corrective action. …
https://www.osc.ny.gov/local-government/audits/town/2023/12/08/town-hamburg-finance-office-2023m-109