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What is a Defined Benefit Plan?
… . Over the past 20 years, the Fund’s investment returns have covered 75 percent of the cost of pensions. With defined … value of contributions and investment returns minus any fees. The amount of money the employee has at retirement … Risk Investment risk is pooled, so a market downturn does not affect benefits. Employee is responsible for all …
https://www.osc.ny.gov/retirement/members/defined-benefit-planState Comptroller DiNapoli Releases Audits
… Thomas P. DiNapoli announced today the following audits have been issued. Department of Agriculture and Markets: … Thomas P DiNapoli announced today the following audits have been issued …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-dinapoli-releases-auditsState Comptroller DiNapoli Releases Audits
… announced today the following audits and examinations have been issued: Office of General Services (OGS) and the … requirements. In a follow-up, auditors found OGS officials have made significant progress in addressing the issues … Long Island Network of Community Services, which should have been remitted to DOH. Department of Health: Eye Care …
https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-auditsElevator Safety
… that elevator inspections are not properly done and, as a result, unsafe conditions are not always identified and …
https://www.osc.ny.gov/state-agencies/audits/2018/06/06/elevator-safetyState Agencies Bulletin No. 1111
… Cash Merit Awards to employees on Sick Leave at Half Pay are based on the percentage of time worked prior to the … the time of payment based on the salary in effect on the Pay End Date of the pay period submitted, in addition to all payments made from …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1111-cash-merit-awards-managementconfidential-employeesState Comptroller DiNapoli Releases Municipal Audits
… in January 2020 identifying areas of improvement related to disbursements, including payroll. In a follow-up review, … They did not prepare monthly bank reconciliations to ensure all collections were accurately accounted for and … identifying certain opportunities for improvement related to the collection of season passes and lift ticket revenues …
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-dinapoli-releases-municipal-auditsDiNapoli Announces $15 Million Investment in Northern Ireland
… in Northern Ireland. “We’ve found a dynamic opportunity to provide the New York State Common Retirement Fund with a … of the long-range economic growth that is critical to our international investment strategy. This partnership … in a wide variety of sectors. “We are very pleased to have secured New York State Common Retirement Fund as …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandComptroller DiNapoli Releases State Audits
… commission report. As a result, there has been relatively little progress in achieving the overall goal of …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-state-auditsState Agencies Bulletin No. 1939
… an Action/Reason code of either: Leave of Absence/WDL (WC Dis Lv), Leave of Absence/WPS (WC 60% SUP), Leave of Absence/MLL (Leave of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1939-october-2021-increase-hazardous-duty-pay-arbitration-eligible-bu01State Agencies Bulletin No. 1967
… through 03/31/2022, the allowance (up to $65.00) is paid by separate check as explained in the 10/13/21 GOER …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1967-2021-work-related-clothing-allowance-osu-employees-represented-civilVI.3.B Budget Transfers Within a Business Unit – VI. Budgets
… first $5 million, 20% of the second $5 million, 15% of the third $5 million, and 10% of any further amount above $15 …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi3b-budget-transfers-within-business-unitState Agencies Bulletin No. 1993
… Purpose The purpose of this bulletin is to provide the Division of Homeland Security and Emergency … in Bargaining Unit 05 on: 04/01/2020 are eligible to receive the 2019-2020 PEF OFPC Uniform Maintenance Allowance, 04/01/2021 are eligible to receive the 2020-2021 PEF OFPC Uniform Maintenance …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1993-2019-2020-and-2020-2021-uniform-maintenance-allowance-employees-fireState Agencies Bulletin No. 1872
… through 03/31/2021, the allowance (up to $65.00) is paid by separate check as explained in the 10/15/2020 GOER …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1872-2020-work-related-clothing-allowance-osu-employees-represented-civilTransforming the Procurement Function
… Objective To determine whether the Metropolitan Transportation Authority (MTA) took action to comply with the MTA Board-approved Transformation Plan, …
https://www.osc.ny.gov/state-agencies/audits/2024/12/26/transforming-procurement-functionDiNapoli Announces State Contract and Payment Action for March 2017
… construction, and site/street improvements on the east side of the city of Buffalo. $500,000 to Economic Development …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-announces-state-contract-and-payment-action-march-2017XI.11.F Contract Monitoring – XI. Procurement and Contract Management
… Quantities of commodities or service to be provided; number and nature of clients served; target dates; unit or … health or safety, Dollar value of the contract, Total number and aggregate dollar value of all contracts with …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11f-contract-monitoringState Agencies Bulletin No. 1969
… paid as two lump sum payments (paid as Comp Rate Code FEE) have received the full statutory Special Allowance salary and … pay the year end adjustment to those Members who appear on any of the exception listings: Determine the amount of salary … the Payroll in Administration Pay Period 19C If a member does not serve through 12/31/2021 and the removal transaction …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1969-2021-year-end-adjustment-members-nys-legislatureHuntington Manor Fire District – Cash Disbursements (2014M-108)
… Purpose of Audit The purpose of our audit was to examine the Board’s oversight of the District’s cash … A majority of the Board does not audit claims prior to payment. The Secretary signs checks with the Treasurer’s …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/06/13/huntington-manor-fire-district-cash-disbursements-2014m-108Ithaca Area Wastewater Treatment Facility – Energy Cost Savings (2016M-234)
… January 1, 2013 through December 31, 2015. Background The Ithaca Area Wastewater Treatment Facility, created by the City of Ithaca and the Towns of Ithaca and Dryden, all located in …
https://www.osc.ny.gov/local-government/audits/joint-activity/2016/10/28/ithaca-area-wastewater-treatment-facility-energy-cost-savings-2016m-234State Police Bulletin No. SP-221
… the New York State Troopers, Inc., the calculation routine for Deduction Code 302 will change from .685 to .658 percent …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-221-modification-deduction-code-302-pba-disability-insurance