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Permanent COLA
… In July 2000, the Retirement System was at the forefront of a successful effort to enact a law providing an annual cost-of-living adjustment (COLA) for retirees. A COLA payment is a change, based on the cost of living index, that permanently increases your retirement …
https://www.osc.ny.gov/retirement/publications/permanent-colaResponse to Human Trafficking
… the New York State Social Services Law created a framework for serving survivors of human trafficking in New York, and OTDA’s Bureau of Refugee Services is responsible for overseeing the Response to Human Trafficking Program … through the Program including case management, temporary shelter and rental assistance, medical and mental health …
https://www.osc.ny.gov/state-agencies/audits/2025/03/17/response-human-traffickingMedicaid Program – Overpayments to Managed Care Organizations and Hospitals for Low Birth Weight Newborns
… Purpose To determine if Medicaid overpaid managed care organizations … reimburse directly for providing services. In addition to monthly capitation payments, MCOs receive supplemental … Newborn Capitation Payment” (commonly referred to as a kick payment) for the inpatient birthing costs of …
https://www.osc.ny.gov/state-agencies/audits/2014/10/02/medicaid-program-overpayments-managed-care-organizations-and-hospitals-low-birth-weightNYC Surplus Projected to Reach $550 Million in FY 2020
… New York City now projects a surplus of $550 million in fiscal year 2020, reflecting stronger-than-expected … DiNapoli said. “The risk of a recession has eased in the near term, but the city should continue to increase … out-year gaps have grown slightly, to nearly $3 billion in FY 2022 and $3.2 billion in FY 2023. Despite concerns that …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020DiNapoli: Comcast Agrees To Disclose Political Spending
… disclosure agreements with 21 of them including Qualcomm Inc., Marriot International Inc. and PepsiCo Inc. Below is a complete listing of the companies with whom …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-comcast-agrees-disclose-political-spendingDiNapoli Identifies Problems With Low-Cost Power Program
… DiNapoli has cited numerous concerns on how the state awards economic development benefits, measures success of the …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-identifies-problems-low-cost-power-programWhat to Expect During a CPA audit
What to Expect during a CPA audit
https://www.osc.ny.gov/files/local-government/publications/pdf/cpaauditprocess.pdfBecoming a Participating Employer – What Every Employer Should Know
… fiscal year (April 1 – March 31), an initial valuation is performed. This valuation determines any deficiency in the … time you become a participating employer. The deficiency is paid in annual installments over 25 years and is included with the annual employer contribution, due …
https://www.osc.ny.gov/retirement/employers/partnership/becoming-participating-employerDiNapoli: NYC Emergency Management Failing to Ensure the City is Prepared for Disasters
… a matter of if, but when, another massive storm like Sandy will hit New York City, potentially crippling its …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nyc-emergency-management-failing-ensure-city-prepared-disastersHow to Make a Vendor Responsibility Determination
… contract to help guide you in determining what information is most relevant. However, your review must address the four … relating to these categories. Even if the vendor is not required to file a questionnaire, you may still … of vendors they’ve found to be non-responsible, but it is not exhaustive. To view the list as a quick reference, …
https://www.osc.ny.gov/state-vendors/vendrep/how-make-vendor-responsibility-determinationInflation in the New York City Metropolitan Area
… and 6.1 percent in the New York City Metropolitan Area (NYC metro area) in March 2022 compared to the same month a … now growing at the highest annual rate in 30 years in the NYC metro area. 2 During this high inflationary period, increases in the NYC metro area have been less than those nationally and in …
https://www.osc.ny.gov/reports/inflation-new-york-city-metropolitan-areaExecutive Order 111 – Requirements to Purchase Renewable Energy Summary of Implementation of Recommendations at 15 Audited Entities (Follow-Up)
… Purpose To assess the extent of implementation, as of January 10, … 111 requirements for State agencies and public authorities to purchase increasing amounts of energy from renewable … directed State agencies and certain public authorities to be more energy efficient and environmentally proactive. …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/executive-order-111-requirements-purchase-renewable-energy-summary-implementationDiNapoli: Thruway Authority Owed More Than $275 Million in Unpaid Tolls and Fees
… of the unpaid tolls and related fees, $119.3 million, is owed by out-of-state drivers. A substantial portion of that money is from vehicles registered in New Jersey ($34.2 million) and … has a negative balance for over 30 days. If no payment is made in the next 30 days, the account is canceled and a …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-thruway-authority-owed-more-275-million-unpaid-tolls-and-feesDiNapoli: New York State Common Retirement Fund Reaches Agreements With Portfolio Companies on Political Spending
… and Agreements: The Kroger Co. – Withdrawn with agreement Sysco Corp. – Withdrawn with agreement Hilton Worldwide …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-york-state-common-retirement-fund-reaches-agreements-portfolio-companies-politicalDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… Pioneer Natural Resources Co., Hess Corp. and Chesapeake Energy Corp., that have failed to demonstrate they are … to transition the Fund’s investment portfolio to net zero greenhouse gas emissions by 2040 . “As market forces and new policies drive the energy transition, we must align our investments with a …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesCredit for Previous or Military Service – Forest Rangers Plan
… previous service may be lost or destroyed with the passage of time. Please note that certain types of credit listed below may not provide additional benefits … of your Certificate of Release or Discharge from Active Duty (DD-214) . Service From a Previous Membership If you …
https://www.osc.ny.gov/retirement/publications/1864/credit-previous-or-military-serviceCredit for Previous or Military Service – Regional State Park Police Plan
… previous service may be lost or destroyed with the passage of time. Please note that certain types of credit listed below may not provide additional benefits … of your Certificate of Release or Discharge from Active Duty (DD-214) . Service From a Previous Membership If you …
https://www.osc.ny.gov/retirement/publications/1867/credit-previous-or-military-serviceCredit for Previous or Military Service – En-Con Police Officers Plan
… previous service may be lost or destroyed with the passage of time. Please note that certain types of credit listed below may not provide additional benefits … of your Certificate of Release or Discharge from Active Duty (DD-214) . Service From a Previous Membership If you …
https://www.osc.ny.gov/retirement/publications/1822/credit-previous-or-military-serviceXII.6.Z Processing Payments to Complex Entities – XII. Expenditures
… Services SECTION OVERVIEW AND POLICIES This section is intended to instruct Business Units on how to process … – for services provided via unregulated circuits, which is indicated by the remit-to addresses of PO BOX 4648, … in the New England area excluding New York State, which is indicated by the remit-to address of PO Box 1100, Albany, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6z-processing-payments-complex-entitiesDiNapoli: Great Demand For NYS General Obligation Bonds Allows State to Reduce Costs to Taxpayers
… was the Senior Book-Running Manager along with Ramirez & Co., Inc. as Co-Senior Manager, to sell the bonds on behalf of the State. Co-Managers included Loop Capital Markets, RBC Capital …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-great-demand-nys-general-obligation-bonds-allows-state-reduce-costs-taxpayers