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New York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… completion within four years of a review of investments in energy sector companies, using minimum standards to assess … or before 2050, this goal will continue to ensure the Fund’s portfolio is adapting to the anticipated transition. This … The New York State Common Retirement Fund is the third largest pension fund in the country, and when it takes …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-targetVested Retirement Benefit – State University Police Plan
… Eligibility You are eligible for a vested retirement benefit if you leave public employment … Tier 6 — your 63rd birthday. Your Vested Benefit Your vested retirement benefit is 1.66 percent of your FAS for … of your choosing after your death. Filing To receive your vested retirement benefit at the earliest possible date, file …
https://www.osc.ny.gov/retirement/publications/1823/vested-retirement-benefitClaims Auditing – Improving the Effectiveness of Your Claims Auditing Process
… enough detail and documentation so that the auditing body or official is supplied with sufficient information to … should be documented or attached to the claim form. The official who initiated the purchase should document … competition) and is this information included on the claim form? If the purchase was made from a State, county or other …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/claims-auditingCUNY Bulletin No. CU-708
… the CUNY retroactive pay rate increases for High Pressure Plant Tenders and to provide instructions on entering Shift … Employees CUNY employees in the title of High Pressure Plant Tender are affected. Background A Consent Determination … AFSCME, AFL-CIO for employees in the title High Pressure Plant Tender. The agreement is for the period of April 24, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-708-cuny-retroactive-pay-rate-increases-high-pressure-plant2016 Financial Condition Report – 2016 Financial Condition Report
… to present the State of New York’s Financial Condition Report for the fiscal year ended March 31, 2016. After … other purposes over multiple years. Read More About this Report This report provides citizens with an overview of the financial …
https://www.osc.ny.gov/reports/finance/2016-fcrSelected Financial Management Practices (Follow-Up)
… of implementation of the 19 recommendations included in our initial report, Selected Financial Management … and modified by $16.9 million, but the documentation in support of contract modification was incomplete. Key Finding We found that the Trust made progress in correcting the problems we identified in the initial …
https://www.osc.ny.gov/state-agencies/audits/2017/09/15/selected-financial-management-practices-followCUNY Bulletin No. CU-831
… Purpose: The purpose of this bulletin is to notify agencies of an automatic union … notify affected employees. Questions: Questions regarding this bulletin may be directed to the Payroll Deduction … The purpose of this bulletin is to notify agencies of an automatic union …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-831-international-brotherhood-electrical-workers-ibew-local-3State Agencies Bulletin No. 1069
… Purpose To notify agencies of the new voluntary auto/homeowner insurance program (Code 549) available to members of the Public Employees Federation (PEF). Affected Employees … forms or eligibility information, contact Buffy Horan of the Public Employees Federation at 518-785-1900 Ext. 350, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1069-new-deduction-code-549-pef-mbp-metlifeState Agencies Bulletin No. 2190
… State Department of Financial Services announced the 2024 premium rate and the maximum weekly employee contribution for coverage will be 0.373% (0.00373) of employees’ weekly wage. The maximum employee premium deduction for Paid …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2190-2024-nys-paid-family-leave-rate-decreaseEconomic and Demographic Trends – 2023 Financial Condition Report
… to their 2019 employment levels. New York Ranked 45th Nationwide for Personal Income Growth in 2022 Personal income … was 7.8 percent of the U.S. total in 2022, ranking third nationwide. New York ranked eighth for economic growth in …
https://www.osc.ny.gov/reports/finance/2023-fcr/economic-and-demographic-trendsState Agencies Bulletin No. 2101
… State Department of Financial Services announced the 2023 premium rate and the maximum weekly employee contribution for coverage will be 0.455% (0.00455) of employees’ weekly wage. The maximum employee premium deduction for Paid …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2101-2023-new-york-state-paid-family-leave-rate-decreaseCUNY Bulletin No. CU-751
… The memorandum dated October 25, 2022, from IBEW, Local 3 and City University Office of Labor Relations, authorizes …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-751-international-brotherhood-electrical-workers-ibew-local-32019 Financial Condition Report – 2019 Financial Condition Report
… Message from the Comptroller I am pleased to present the State of New … year ended March 31, 2019. New York continues to benefit from a national economic expansion that has lasted for more …
https://www.osc.ny.gov/reports/finance/2019-fcrDiNapoli Examines Fiscal Hurdles Facing Key NYC-Supported Agencies
… trends for New York City agencies’ performance data, staffing, and spending. “We continue to shine a light on the … of Education DOE is the largest public school system in the nation, serving roughly one million students in more … has yet to receive $1.2 billion from the Federal Emergency Management Agency. Nurse Staffing : The pandemic amplified …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-examines-fiscal-hurdles-facing-key-nyc-supported-agenciesState Agencies Bulletin No. 1957
… instructions for processing taxable Educational Assistance Benefits for 2021. Affected Employees Employees who receive … (PEF and/or CSEA) paid qualified Educational Assistance benefits that exceed the $5,250 exclusion limit for calendar … can still be entered into Time Entry using earnings dates prior to their departure date. For Administration pay …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1957-educational-assistance-benefits-2021Real Property Tax Cap - School Districts Guidance
… Year The 2015-2016 tax levies for some school districts in Nassau County were reduced in connection with corrections to the districts' … exempted from taxation certain property owned by LIPA. In these instances, the first line of the 2016-2017 tax cap …
https://www.osc.ny.gov/local-government/property-tax-cap/real-property-tax-cap-school-districts-guidanceTravel Advisory No. 4
… reports. XIII.2.B Expense Report Submission Updated to reorder XIII.2.A to XIII.2.B. XIII.2.C Expense Report Certification Updated to reorder XIII.2.B to XIII.2.C. XIII.2.D Expense Report Payment Updated to reorder XIII.2.C to XIII.2.D. References: For additional …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/4-expense-report-mandatory-header-fieldsState Agencies Bulletin No. 1259
… for processing the 2012-2013 Pilot Firearms Training and Safety Incentive Program Payment. Affected Employees … program designed to promote firearms proficiency and safety. This program shall be developed and implemented by the Joint Health and Safety Committee and shall run concurrently with State fiscal …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1259-2012-2013-pilot-firearms-training-and-safety-incentive-program-paymentDiNapoli: New York City Man Charged with Stealing Over $50,000 in Pension Benefits Meant for Deceased Sister-in-Law
… A 69-year-old Manhattan man, Randy Ray, was arrested today … “Randy Ray allegedly took advantage of his sister-in-law's death to fund his lifestyle,” DiNapoli said. “I will continue … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-new-york-city-man-charged-stealing-over-50000-pension-benefits-meant-deceased-sister-lawProblem Claims – Improving the Effectiveness of Your Claims Auditing Process
… purchase orders or receiving slips) is missing, the claim should be held until the supporting documentation is … is not provided, there may be an increased risk that the claim is not legitimate. If the claim is mathematically incorrect, confirm the proper amount, …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/problem-claims