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Member & Retiree E-News Archive — 2024
… September August 2024 Featured Story: Retirement: Myths vs Facts Members: Working for a Public Employer While …
https://www.osc.ny.gov/retirement/publications/member-retiree-e-news-archive-2024State Comptroller DiNapoli Releases Municipal & School Audits
… approximately $93,000 that were selected for review - four laptop computers with a purchase cost totaling approximately … cost totaling approximately $3,000, including a gaming laptop, a karaoke machine and noise canceling headphones, …
https://www.osc.ny.gov/press/releases/2024/12/state-comptroller-dinapoli-releases-municipal-school-auditsOpinion 91-28
… that bear on the issues discussed in the opinion. WATER SUPPLY AND DISTRIBUTION -- Water Fund (use of profits for general village purposes) … A village may use profits resulting from operation of a water utility for general village purposes. You ask whether a …
https://www.osc.ny.gov/legal-opinions/opinion-91-28Opinion 89-46
… citizens) TOWN LAW, §§23, 271; PUBLIC OFFICERS LAW, §3; ELECTION LAW, §5-102: An individual who is not a U.S. citizen … Town Law, §23 requires all town officers, at the time of election and throughout the term of office, to be "an elector … One qualification to register for and to vote at a town election is U.S. citizenship (NY Const. Art II, §1; Election …
https://www.osc.ny.gov/legal-opinions/opinion-89-46DiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… New York State Comptroller Thomas P. DiNapoli announced today an estimated 13.02 percent rate of return for the New … New York State Comptroller Thomas P DiNapoli announced today an estimated 1302 percent rate of return for the New …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionWest Glens Falls Fire Company No. 1 – Financial Operations (2013M-383)
… 1, 2012 through September 30, 2013. Background The West Glens Falls Volunteer Fire Company #1 is a volunteer … The Company is affiliated with the Fire Fighters of West Glens Falls Association (Association), which is a separate … West Glens Falls Fire Company No 1 Financial Operations 2013M383 …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2014/04/11/west-glens-falls-fire-company-no-1-financial-operations-2013mMattituck-Cutchogue Union Free School District – Financial Condition (2013M-322)
… Purpose of Audit The purpose of our audit was to evaluate the District’s financial operations and use of … generated more than $5 million in budget surpluses. To reduce fund balance and stay within the year-end statutory … unrestricted funds, District officials transferred moneys to the District’s reserves and repeatedly appropriated fund …
https://www.osc.ny.gov/local-government/audits/school-district/2014/01/24/mattituck-cutchogue-union-free-school-district-financial-condition-2013mVillage of Village of the Branch – Internal Controls Over Financial Operations (2013M-43)
… Purpose of Audit The purpose of our audit was to determine whether the Board had delegated … independent contractors. Background The Village of Village of the Branch is located in the Town of Smithtown, Suffolk … Village of Village of the Branch Internal Controls Over Financial …
https://www.osc.ny.gov/local-government/audits/village/2013/04/19/village-village-branch-internal-controls-over-financial-operations-2013m-43Town of Hartwick – Financial Condition (2013M-118)
… $146,016 for the fire protection fund, $58,002 for the library fund, and $6,000 for the lighting district fund. Key … tax levy for the general, highway, fire protection, library, lighting district, and water funds was relatively …
https://www.osc.ny.gov/local-government/audits/town/2013/09/06/town-hartwick-financial-condition-2013m-118State Comptroller DiNapoli Releases Municipal Audits
New York State Comptroller Thomas P DiNapoli today announced the following local government audits were issued
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced the following school district audits have … New York State Comptroller Thomas P DiNapoli today announced the following school district audits have …
https://www.osc.ny.gov/press/releases/2019/10/comptroller-dinapoli-releases-school-audits-0DiNapoli Releases Bond Calendar for First Quarter
… Thomas P. DiNapoli today announced a tentative schedule of planned bond sales for New York State, New York City and their major public authorities during the first quarter of 2024. The planned sales of $4.36 billion … Thomas P DiNapoli today announced a tentative schedule of planned bond sales for New York State New York City and …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-releases-bond-calendar-first-quarterOrdinary Disability (Section 362) – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Sections 370a 371a and 375 Ordinary Disability Section 362 …
https://www.osc.ny.gov/retirement/publications/1511/ordinary-disability-section-362Ordinary Disability (Section 362) – Police and Fire Plan
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service plus 1/60th of your FAS for …
https://www.osc.ny.gov/retirement/publications/1512/ordinary-disability-section-362Ordinary Disability (Section 362) – New Career Plan
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service plus 1/60th of your FAS for …
https://www.osc.ny.gov/retirement/publications/1515/ordinary-disability-section-362Ordinary Disability (Section 362) – Career Plan
… ten or more years of service credit, you may be eligible for an ordinary disability retirement benefit. The Benefit If … equal to the greater of: 1/60th (1.66 percent) of your FAS for each year of credited service; or 1/60th (1.66 percent) of your FAS for each year of credited service, plus 1/60th of your FAS …
https://www.osc.ny.gov/retirement/publications/1642/ordinary-disability-section-362Ordinary Disability (Section 362) – Non-Contributory Plan with Guaranteed Benefits
… or within 90 days from the date you: Are last paid on the payroll; Are last on an authorized medical leave of absence …
https://www.osc.ny.gov/retirement/publications/1513/ordinary-disability-section-362Justice Court Fund: Advisories
… (1), Cap Extension VTL 1809 (2) [pdf] April - Reporting to the Justice Court Fund [pdf] Adjustments and Refunds ENCON … 71-0213 2008 July - 2008 Legislative Updates and Reporting to the Justice Court Fund (JCF) [pdf] Surcharge and Fee … §1809-e January - 2008 Legislative Update and Reporting to the Justice Court Fund [pdf] Surcharge and Fee Extension …
https://www.osc.ny.gov/local-government/required-reporting/justice-court-fund-advisoriesState Comptroller DiNapoli Statement on the Federal Government Shutdown
… the federal government: "A federal government shutdown has painful consequences for our state. Prolonged shutdowns hurt …
https://www.osc.ny.gov/press/releases/2025/10/state-comptroller-dinapoli-statement-federal-government-shutdownConstitutional Debt Limit
… In New York State, there are limits to how much debt a local …
https://www.osc.ny.gov/local-government/resources/constitutional-debt-limit