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Corporate Governance

… The Fund has set bold targets and has made progress in achieving them. As we continue to work toward net-zero and … Fund will keep focusing on long-term climate resilience in line with fiduciary duty. To learn more about the … Comptroller’s efforts to address climate risk and invest in climate solutions, see Leading the Way on Climate …

https://www.osc.ny.gov/common-retirement-fund/corporate-governance

State Agencies Bulletin No. 1734

… Purpose To notify agencies that OSC will be unable to print checks for Payroll Check Reissues, Reversals, …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1734-payroll-check-reissues-reversals-exchanges-and-direct-deposit-returns

DiNapoli: State Pension Fund Value $210.2 Billion

… Fund (Fund) earned an estimated 5.23 percent return on investments in the state fiscal year (SFY) that ended on March 31, 2019. The Fund closed the year with an estimated … 2019 fiscal year and remains well positioned to meet its long term return expectations and provide retirement security …

https://www.osc.ny.gov/press/releases/2019/05/dinapoli-state-pension-fund-value-2102-billion

State Agencies Bulletin No. 1540

… positions paid using an hourly rate. In accordance with the following bulletin, the minimum hourly wage is being … Lag 01/12/2017 02/02/2017 Eligibility Criteria Employees with a pay basis code of HRY on or after the appropriate … Note: If an employee’s job location changes to a location with a different minimum wage in effect, the agency must …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1540-december-2016-minimum-wage-increase-hourly-employees

Trash Can Free Stations Pilot Program

… and determine whether to continue the Program. Consult with the MTA Board regarding impact on riders. Prominently … change and periodically remind customers of the stations with no trash cans. … To determine if Metropolitan …

https://www.osc.ny.gov/state-agencies/audits/2015/09/22/trash-can-free-stations-pilot-program

State Agencies Bulletin No. 560

… To review Recall Overtime payment procedures and introduce the new Earn Code  ROU  to be used to pay Recall Standby … who is recalled to work overtime, after having completed the employee's scheduled work period and departed from the … that overtime compensation is paid only for work in excess of the basic 40-hour work week. An employee …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/560-review-and-update-recall-overtime-pay-eligible-employees-classified-and

Comptroller DiNapoli Releases School Audits

… District and the Tri-Valley Central School District . “In an era of limited resources and increased accountability, … expenditures and maintain financial stability beginning in the 2010-11 fiscal year. However, the board-adopted … Project (Erie County) The district was not transparent in its use of capital project funds. The district set aside …

https://www.osc.ny.gov/press/releases/2014/08/comptroller-dinapoli-releases-school-audits-0

DiNapoli Releases July State Cash Report

… All Funds receipts totaled $48.6 billion, an increase of $666.9 million or 1.4 percent from a year earlier. All … totaled $23.1 billion through July 31, a decline of $1.1 billion or 4.6 percent from the same period last … Financial Plan. The General Fund ended July with a balance of $3.8 billion, which was nearly $3 billion lower than a …

https://www.osc.ny.gov/press/releases/2017/08/dinapoli-releases-july-state-cash-report

State Agencies Bulletin No. 503

… of the higher grade or will receive a percentage increase in base pay determined as indicated below, whichever results in a higher salary. For purposes of this section, “base pay” … new method of calculating promotional salaries beginning in Pay Period 20L . For PEF employees who were promoted on or …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/503-calculating-base-salary-pef-employees-who-have-been-promoted

SUNY Bulletin No. SU-141

… University (BU41, agency codes 28510 and 28515) merged with Alfred University, a private educational institution. … Increases are effective: 7/1/07 for eligible employees with a Pay Basis Code of ANN or CYF 8/23/07 for eligible employees with a Pay Basis Code of 21P or CYP 9/1/07 for eligible …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-141-uup-1-discretionary-increase

Payments by Beacon Health Options for Mental Health and Substance Abuse Services for Ineligible Members

… eligibility and enrollment records for NYSHIP members in the New York Benefits Eligibility and Accounting System … System (CAS). Typically, organizations that participate in NYSHIP (e.g., State agencies, local government employers, … eligibility transactions, such as disenrollments, in NYBEAS. Accurate, up-to-date enrollment information in …

https://www.osc.ny.gov/state-agencies/audits/2022/05/13/payments-beacon-health-options-mental-health-and-substance-abuse-services-ineligible

State Agencies Bulletin No. 1937

… Purpose The purpose of this bulletin is to provide agency instructions for new overtime earnings codes to be used for Time Entry overtime payments. Affected … 10/07/2021 Eligibility Criteria Employees in BU05 who have overtime earnings on or after 09/02/2021 …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1937-new-overtime-earnings-codes-overtime-eligible-employees-public

State Agencies Bulletin No.1824

… financial institutions for employees who were overpaid by the agency. OSC will prepare transactions for all direct … in PayServ will continue to be received and audited by OSC. However, AC-230s will not be processed to reverse the … a direct deposit account change or closure during the SFS black out period, ensure the employee’s Direct Deposit Table …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1824-payroll-check-reissues-reversals-exchanges-and-direct-deposit-returns

DiNapoli: Waiving Waiting Period for Public Workers' Retirement Protects Families During Pandemic Crisis

… the Executive Order in order to safeguard benefits for families who may lose a loved one to COVID-19 before … becomes effective. Waiving the waiting period after filing for service retirement benefits ensures their families will … of emergency through May 16. Find out how your government money is spent at Open Book New York . Track municipal …

https://www.osc.ny.gov/press/releases/2020/04/dinapoli-waiving-waiting-period-public-workers-retirement-protects-families-during-pandemic-crisis

State Comptroller DiNapoli Releases School Audits

… Charter School and the Tully Central School District . “In an era of limited resources and increased accountability, … the district’s recalculated unrestricted fund balance was in excess of the statutory limit. Holland Patent Central … through 2014-15, which generated more than $5 million in operating surpluses. As a result, approximately $2.6 …

https://www.osc.ny.gov/press/releases/2017/01/state-comptroller-dinapoli-releases-school-audits-0

Comptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights

… reflect issues that would appropriately be addressed by a comprehensive human rights policy. Netflix should have a …

https://www.osc.ny.gov/press/releases/2023/05/comptrollers-dinapoli-lander-urge-fellow-netflix-investors-support-workers-rights

Purchasing and Procurement Practices

… Specifically: NYRA made a significant number of purchases without competitive bidding, instead using Bid Exception … from suppliers outside of the approved vendor list without the Purchasing Department questioning why the …

https://www.osc.ny.gov/state-agencies/audits/2022/03/16/purchasing-and-procurement-practices

XII.4.B Certification of Vouchers – XII. Expenditures

… SECTION OVERVIEW AND POLICIES Overview Section 110 of New York State Finance … with the Comptroller. OSC defines the terms Agency Head and Voucher Authorizer, as follows: Agency Head – The … or approve vouchers or expense reports are just, true and correct and, therefore, appropriate to pay. Voucher …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii4b-certification-vouchers

State Agencies Bulletin No. 1899

… financial institutions for employees who were overpaid by the agency. OSC will prepare transactions for all direct … in PayServ will continue to be received and audited by OSC. However, AC-230s will not be processed to reverse the … a direct deposit account change or closure during the SFS black out period, ensure the employee’s Direct Deposit Table …

https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1899-payroll-check-reissues-reversals-exchanges-and-direct-deposit-returns

City of Yonkers – Budget Review (B17-6-10)

… Purpose of Budget Review The purpose of our budget review was to … liquidate deficits in the City School District’s general fund as of June 30, 2014. Chapter 55 of the Laws of 2014 … to maintain fund balance at a reasonable level. Adjust the transfer from the Community Development Fund to accurately …

https://www.osc.ny.gov/local-government/audits/city/2017/05/19/city-yonkers-budget-review-b17-6-10