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MWBE Report 2016-2017 Fiscal Year

In the 2016-17 fiscal year, the Common Retirement Fund recorded the largest and most dramatic increase in its MWBE investing in the history of the Strategy.

https://www.osc.ny.gov/files/reports/special-topics/pdf/mwbe-fiscal-2016-17.pdf

Opinion 88-41

Whether the town may purchase instructional equipment to be used by a private nonprofit organization in presenting fire prevention programs to town residents

https://www.osc.ny.gov/legal-opinions/opinion-88-41

State Agencies Bulletin No. 146

… Purpose To provide instructions to agencies on reporting this retirement status change for affected employees Affected Employees Tier 3 and … To provide instructions to agencies on reporting this retirement status change for affected employees …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/146-employees-retirement-system-ers-tier-reinstatement-chapter-646-laws-1999

Dual Membership in NYSLRS – Divorce and Your Benefits

… in one of the above Systems, the Domestic Relations Order (DRO) may be directed to the “New York State and Local … to receive pension benefits from both systems, but the DRO is applicable to only one membership, then the DRO must specifically identify the appropriate system. If a …

https://www.osc.ny.gov/retirement/members/divorce/dual-membership-nyslrs

State Agencies Bulletin No. 2440

… period that begins on or after 07/01/2026 to a position in one of the following bargaining units may be affected: … 2025, which amends State Finance Law to add Section 210, in addition to the Memorandum of Agreements between the State … annual salary configured at the negotiated hiring rate in statute at the time of appointment, equated salary grade …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2440-new-optional-payroll-advance-payment-eligible-employees

Opinion 2005-8

… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … may not set fees for the provision of emergency medical transport services in an amount designed to generate revenue … Whether a city may set fees for the provision of emergency medical transport services by a paid city fire …

https://www.osc.ny.gov/legal-opinions/opinion-2005-8

Becoming Eligible for a Benefit – Regional State Park Police Plan

… have accrued five years of credited service, you will be vested. This means you have earned the right to receive a … and 5 members who are off public payroll may collected a vested retirement benefit at age 55. Tier 6 members who are off public payroll may collect a vested retirement benefit at age 63. The amount of your …

https://www.osc.ny.gov/retirement/publications/1867/becoming-eligible-benefit

Are You Vested? And What It Means

… Are You Vested? Being vested means that you have earned enough … the minimum age requirements for your retirement plan, you can apply for a service retirement benefit if you wish. If … retirement age is age 62 (63 for Tier 6). Most members can retire as early as age 55, but a benefit reduction will …

https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-means

State Comptroller DiNapoli Releases School Audits

… District , Wellsville Central School District and the Westmoreland Central School District . "In an era of limited … Aloma D. Johnson Charter School – Leave Accruals (Erie County) School officials did not maintain accurate, complete … from the retirement contribution reserve as budgeted. Westmoreland Central School District – State Transportation …

https://www.osc.ny.gov/press/releases/2018/01/state-comptroller-dinapoli-releases-school-audits

State Agencies Bulletin No. 1191

… Purpose To advise agencies of the opportunity to submit test files to PayServ. Affected Employees PayServ users … modified to use the NYS EMPLID. OSC will allow agencies to test interface files from October 5, 2012 through October 12, … instead of the SSN. OSC Actions OSC will receive agency test files between October 5 and October 12, 2012.OSC will …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1191-osc-will-allow-agencies-test-interface-files-preparation-ssn-decoupling

Accidental Disability – Regional State Park Police Plan

… job as the natural and proximate result of an on-the-job accident not due to your own willful negligence, you may be … after contact with members of the public. Notice of Accident To be eligible for this benefit, you must file an … retirement benefit within one year following the alleged accident. Otherwise, you must have filed a written notice of …

https://www.osc.ny.gov/retirement/publications/1867/accidental-disability

Opinion 99-10

… connotes the estimated period over which a particular asset is reasonably expected to be useful (see Cohn v U.S. , 259 F2d 371; "Government Fixed Asset Inventory Systems: Establishing, Maintaining and … reasonable accuracy. 3 November 16, 1999 Jeffrey S. Chase, Business Administrator Clinton-Essex-Warren-Washington …

https://www.osc.ny.gov/legal-opinions/opinion-99-10

Tier 6 Defined Contribution Plan Option

… by a union and Their salary at the time they are hired is at least $75,000. Employees who wish to choose the defined … contribution plan. The defined contribution plan option is the result of a 2012 amendment to Section 390 of the New York State Education Law. It is administered by the State University of New York (SUNY). …

https://www.osc.ny.gov/retirement/employers/tier-6-defined-contribution-plan-option

Opinion 93-14

… county on behalf of the district. You indicate that the owners of two properties in one of the villages, not … costs of the district. You ask whether the property owners have the right to compel the county to extend the … and sufficient, that all the property and property owners within the district were benefited thereby, that all …

https://www.osc.ny.gov/legal-opinions/opinion-93-14

Partial Lump Sum (PLS) Payment at Retirement — For Eligible NYSLRS Members

… Lump Sum (PLS) distribution is a single payment equal to a percentage of the value of your pension benefit at … to Top) How Much Will I Receive? A PLS payment is a percentage of the value of your retirement benefit at the … you’ve been eligible to retire PLS payment options, as a percentage of your retirement benefit 1 5% 2 5 or 10% 3 5, 10 …

https://www.osc.ny.gov/retirement/members/partial-lump-sum-payment

VII.2.C Direct Journal Payment & Payment Worksheet - Treasury Requirements – VII. State Revenues and Appropriated Loan Receivables

… showing Business Unit, Deposit ID and total amount to DTF-Treasury who will deposit the funds into the appropriate … will be returned to the agency. Sending cash through the mail exposes the agency to the risk of theft or loss. … Via U.S. Postal Service New York State Taxation & Finance Division of Treasury - Accounting 110 State Street, 2nd Floor …

https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii2c-direct-journal-payment-payment-worksheet-treasury-requirements

Creditable Service – State University Police Plan

… those mentioned will count toward your vested, disability and death benefits but not toward your 25-year service … may also be creditable towards the 25 years required for service retirement eligibility. … State University Police Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383d …

https://www.osc.ny.gov/retirement/publications/1823/creditable-service

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