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Available Options – En-Con Police Officers Plan

… initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an actuarial term for the … you will receive your initial value amount and more in your monthly retirement benefit. However, if you die after … depending upon which option you elect, payments in the same amount you were receiving (without COLA) will be …

https://www.osc.ny.gov/retirement/publications/1822/available-options

Available Options – New Career Plan

… Single Life Allowance (Option 0) This is the basic retirement benefit. It provides the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … option will provide you with a reduced monthly benefit for your lifetime. At your death, the unpaid balance of your …

https://www.osc.ny.gov/retirement/publications/1515/available-options

Available Options – Non-Contributory Plan with Guaranteed Benefits

… initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an actuarial term for the … you will receive your initial value amount and more in your monthly retirement benefit. However, if you die after … depending upon which option you elect, payments in the same amount you were receiving (without COLA) will be …

https://www.osc.ny.gov/retirement/publications/1513/available-options

Available Options – Basic Plan with Increased-Take-Home-Pay (ITHP)

… Single Life Allowance (Option 0) This is the basic retirement benefit. It provides for the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments …

https://www.osc.ny.gov/retirement/publications/1511/available-options

State Comptroller DiNapoli Releases School Audits

… inadequate and officials did not enforce the policy. As a result, officials and staff did not ensure all collections … $914,291 (99 percent of total collections remitted to the business office) were late. Sag Harbor Union Free … Auditors reviewed 208 invoices totaling $1.3 million to determine whether an adequate claims audit was performed. …

https://www.osc.ny.gov/press/releases/2023/02/state-comptroller-dinapoli-releases-school-audits

State Comptroller DiNapoli Releases Municipal & School Audits

… concerns due to lack of monitoring of all accounts on both tools. Also, auditors found 91% of the district’s … 25 cash receipts totaling $4.8 million were not recorded on time in the supervisor’s accounting records, 11 …

https://www.osc.ny.gov/press/releases/2023/09/state-comptroller-dinapoli-releases-municipal-school-audits-1

State Comptroller DiNapoli Releases Municipal & School Audits

… today announced the following local government and school audits were issued. City of Niagara Falls – Sexual … the 2021 SHP training did so. Cold Spring Harbor Central School District – Capital Assets (Suffolk and Nassau … were purchased during the audit period. Eldred Central School District – Sexual Harassment Prevention Training …

https://www.osc.ny.gov/press/releases/2023/09/state-comptroller-dinapoli-releases-municipal-school-audits-0

Conferences — Actual and Necessary Expenses – Travel and Conference Expense Management

… General Municipal Law 5 authorizes local governments and school districts to pay for the actual and necessary … A “conference” is defined as a convention, conference, or school conducted for the betterment of any local …

https://www.osc.ny.gov/local-government/publications/travel-conference-expense/conferences-actual-and-necessary-expenses

State Comptroller DiNapoli Releases Municipal Audits

… did not receive surplus money from a referee after the sale of foreclosed property on April 1, 2017, totaling … auditors were able to determine all money from the sale of the foreclosed property totaling $176,000 was paid … ability to pay off the LOCs is contingent on the sale of three properties, which officials plan to sell in …

https://www.osc.ny.gov/press/releases/2022/07/state-comptroller-dinapoli-releases-municipal-audits-1

State Comptroller DiNapoli Releases Municipal & School Audits

… York State Comptroller Thomas P. DiNapoli today announced the following local government and school audits were issued. County of Putnam – Recreation and Golf Course Collections The … remit documentation and report collections accurately and in a timely manner. As a result, officials do not have …

https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-releases-municipal-school-audits-1

NY ABLE Program Helps New Yorkers With Disabilities Cover Costs

… called the New York Achieving a Better Life Experience ( NY ABLE ) program, designed to help individuals with … plan for the future," DiNapoli said. "Ensuring a loved one's financial security and long-term care can put a … Conditions list. New York residency is required and only one account per individual is permitted. To set up an …

https://www.osc.ny.gov/press/releases/2017/12/ny-able-program-helps-new-yorkers-disabilities-cover-costs

Social Media Use Policy

… host site when you visit a social media site. Information (photos, videos, messages, etc.) you share with or post to our …

https://www.osc.ny.gov/help/social-media-use-policy

State Agencies Bulletin No. 2361

… and  processed by OSC. However, if the AC-230 corresponds with a direct deposited payroll check the AC230 will not be …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2361-payroll-check-reissues-reversals-exchanges-and-direct-deposit-returns

Town of Cherry Valley – Financial Condition (2016M-212)

… 30, 2016. Background The Town of Cherry Valley is located in Otsego County and includes the Village of Cherry Valley … long-term plans to ensure the health center functions in the best interest of the Town’s residents. … The objective …

https://www.osc.ny.gov/local-government/audits/town/2016/08/26/town-cherry-valley-financial-condition-2016m-212

CUNY Bulletin No. CU-352

… Affected Employees CUNY employees who elect to participate in the Health Benefits Buy Out Waiver Program and are also … Benefits Office Effective Date(s) Payment will be included in the employee’s regular paycheck or direct deposit advice …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-352-cuny-health-benefits-buy-out-waiver-program-payment-cycle

State Agencies Bulletin No. 1374

… Purpose The purpose of this bulletin is to provide agency payroll staff with OSC’s current Deduction Priority …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1374-deduction-priority-schedule-updated

CUNY Bulletin No. CU-393

… Listing. Note :The maximum payment amount is $500.00. Payroll Register and Employee’s Paycheck/Advice The Earn Code HBB and the amount paid will be displayed on the payroll register. The earnings description “HB Buyout” and …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-393-cuny-health-benefits-buy-out-waiver-program-payment-cycle

City of Utica – Parking Violation Enforcement and Collection (2015M-219)

… has not established sufficient policies for pursuing collection of parking violations after a violation is more than 10 days past due or set a benchmark for collection rates. Officials have not effectively segregated …

https://www.osc.ny.gov/local-government/audits/city/2015/12/18/city-utica-parking-violation-enforcement-and-collection-2015m-219

CUNY Bulletin No. CU-332

… 7C Background The Health Benefits Buy Out Waiver Program is authorized under IRC Section 125 and administered under … Buy Out Waiver Listing. Note : The maximum payment amount is $500.00. Payroll Register and Employee’s Paycheck/Advice …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-332-cuny-health-benefits-buy-out-waiver-program-payment-cycle

State Comptroller DiNapoli Releases Local Government Audits

… local government audits have been completed. Town of Amity – Town Clerk (Allegany County) Auditors reviewed 184 … to the appropriate parties in a timely manner. Town of Howard – Fund Balance Management (Steuben County) The board’s management of fund balance was not effective. As a result, general and …

https://www.osc.ny.gov/press/releases/2019/01/state-comptroller-dinapoli-releases-local-government-audits