Search
VIII.1.B Revenue Transfers – VIII. Accounts Payable Journal Vouchers & General Ledger Journal Entries
… A Revenue transfer is used to adjust or reclassify previously posted revenue accounting transactions using a General Ledger … A Revenue transfer is used to adjust or reclassify previously posted revenue accounting transactions using a General Ledger …
https://www.osc.ny.gov/state-agencies/gfo/chapter-viii/viii1b-revenue-transfersRetroactive Service Credit Due to Litigation, Settlements, and Arbitration Awards – Enhanced Reporting
… in the payment of retroactive salary. If you would like legal documents intended to grant retroactive service credit reviewed, contact OSC’s Legal Department at 518-473-5880. To adjust a member’s … send our Member and Employer Services Bureau a copy of the legal document for review. You will be charged for the …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/retroactive-service-credit-due-litigation-settlements-and-arbitration-awardsRetroactive Service Credit due to Litigation, Settlements, and Arbitration Awards – Legacy Reporting
… or arbitration when such actions result in the payment of retroactive salary. If you would like legal documents … you send our Member and Employer Services Bureau a copy of the legal document for review. You will be charged for the employer portion of this adjustment in a future annual billing. 1 Updated …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/retroactive-service-creditOverview – Membership and Enrollment
… New York State and Local Retirement System (NYSLRS) is one of the largest retirement systems in the United States with … and beneficiaries. NYSLRS has long been recognized as one of the best-managed and best-funded public retirement systems … The Police and Fire Retirement System (PFRS). Benefits of NYSLRS Membership NYSLRS membership provides many benefits …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/overviewContract Participation of Minority- and Women-Owned Business Enterprises
… reasonable; consistently fell short of reaching its goals; did not accurately report the results of its efforts; and, in … (totaling about $21.5 million), the documentation DDCR had did not match the payments it reported to DED. Specifically, …
https://www.osc.ny.gov/state-agencies/audits/2015/09/10/contract-participation-minority-and-women-owned-business-enterprisesNew York State Comptroller DiNapoli Statement on MTA Finances
… July Financial Plan projects the budget for all five years of the plan period will be balanced on a recurring basis, a remarkable achievement given the dire state of the MTA’s fiscal affairs at the start of the year. Substantial new funding from the state has …
https://www.osc.ny.gov/press/releases/2023/07/new-york-state-comptroller-dinapoli-statement-mta-financesManual Reporting – Enhanced Reporting
… report: Job data for status changes , for example, a leave of absence, a return from leave, military leave or … method is useful when you need to submit a small number of transactions, such as correcting previously submitted … (adjustments), or if you are only reporting a small number of employees. Please check Enhanced Reporting Resources for …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/manual-reportingAbout Statement No. 68 – Governmental Accounting Standards Board
… share of the collective Net Pension Liability in their financial statements, as well as pension expense and deferred … share of the liability must be reported in their financial statements along with an associated pension expense. If you prepare financial statements in accordance with Generally Accepted …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-68DiNapoli Statement on MTA Budget
… next year. It’s important that the MTA continues the work of identifying the sources of these potential savings, which it expects to total $250 … “The Authority also pushed back its anticipated receipt of $600 million in federal funds for COVID-19 expenses split …
https://www.osc.ny.gov/press/releases/2025/12/dinapoli-statement-mta-budgetLoans: Applying and Repaying
… against your retirement contributions if you: Are a member of the Employees’ Retirement System (ERS) or the Police and … Retirement System (PFRS); Have the required minimum amount of contributions in your account (see chart below); Have at least one year of service credit; and Actively work for New York State or a …
https://www.osc.ny.gov/retirement/members/loans-applying-and-repayingContractors or Consultants – Membership and Enrollment
… The majority of people who work for and provide services to the State or … relationship exists. Sections 315.2 and 315.3 of regulations , which were effective on April 1, 2008, … is an employee rather than an independent contractor. Some of these factors include: The employer controls, supervises …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/contractors-or-consultantsState Police Bulletin No. SP-256
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the April 2023, April 2024 and April 2025 retroactive … The purpose of this bulletin is to inform agencies of OSCs automatic processing of the April 2023 April 2024 and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-256-april-2023-2024-and-2025-retroactive-increases-location-pay-longevityState Comptroller Thomas P. DiNapoli Statement on MTA Financial Plan
… MTA’s February Financial Plan underlines the seriousness of the situation the authority – and the state and city – … fiscal challenges. The plan acknowledges that each of the next three years will be balanced with the use of one-time federal relief and most concerningly, in 2025, …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-thomas-p-dinapoli-statement-mta-financial-planDiNapoli: Florida Man Charged with Stealing Nearly $80,000 in Pension Benefits Issued to His Deceased Father
… who had passed away in 2019. Richard Gaines Jr., 51, of Daytona Beach, Florida, was arraigned today before Judge Geoffrey Prime on charges of Grand Larceny in the Second Degree (a C felony) and … defrauded our state’s pension system, stealing tens of thousands of dollars of his deceased father’s pension …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-florida-man-charged-stealing-nearly-80000-pension-benefits-issued-his-deceased-fatherState Comptroller Thomas P. DiNapoli Statement on MTA's Release of Its 2025-2029 Capital Program
… Metropolitan Transportation Authority’s (MTA’s) release of its 2025-2029 Capital Program. “The MTA’s proposed $68.4 … right ones to improve safety, frequency and reliability of service. This will help underscore the importance of the work to the MTA’s funding partners as they examine the …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-thomas-p-dinapoli-statement-mtas-release-its-2025-2029-capital-programState Agencies Bulletin No. 1728
… Purpose To request agency action and explain the use of the New York Retiree Indicator … To request agency action and explain the use of the New York Retiree Indicator …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1728-new-york-retiree-indicatorPublic Safety Overtime
… clarity about public safety overtime, Regulation 315.5 of the New York Codes, Rules and Regulations (NYCRR) has been … determine what overtime is reportable and pensionable. As of July 1, 2019, public safety overtime that is paid by a … assignment, on or after July 1, 2019 by: Active members of the Police and Fire Retirement System who are engaged in …
https://www.osc.ny.gov/retirement/employers/public-safety-overtimeDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… Thomas P. DiNapoli today announced employer contributions rates for the New York State and Local Retirement System … Fiscal Year (SFY) 2025-26. Employers’ average contribution rates will increase from 15.2% to 16.5% of payroll for the … and best funded in the nation,” DiNapoli said. “These rates – in addition to our prudent management and long-term …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26VI.3.C Budget Transfers Between Business Units (Interunit Budget Transfers) – VI. Budgets
… Apportionment – Interunit apportionments are movements of lump sum appropriation authority between Business Units, … within the budget bill language, or in another piece of State law. Consolidation Transfer – Special designation for the movement of budget between appropriations between Business Units as …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vi/vi3c-budget-transfers-between-business-units-interunit-budget-transfersEfforts to Collect Tolls and Fees Using License Plate Images and Law Firms
… seven toll bridges and two tunnels that interconnect parts of New York City. Created in 1933, TBTA serves more than 310 … lanes, the E-ZPass would be read and images would be taken of the front and rear of the vehicle (to capture the license plates). E-ZPass is an …
https://www.osc.ny.gov/state-agencies/audits/2018/07/11/efforts-collect-tolls-and-fees-using-license-plate-images-and-law-firms