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Tier 1 Death Benefits – Career Plan
… Benefit This benefit is equal to 1/12th (8.33 percent) of your last year’s earnings, multiplied by your years of service credit, up to 36 years. Alternative Death Benefit If you die while in service after age 55, an alternative death benefit may be …
https://www.osc.ny.gov/retirement/publications/1642/tier-1-death-benefitsTier 1 Death Benefits – Non-Contributory Plan with Guaranteed Benefits
… Ordinary Death Benefit This benefit is equal to 1/12th (8.33 percent) of your last year’s earnings, multiplied by your years of service credit, up to 36 years. Alternative Death Benefit If you die while in … death benefit may be payable. This benefit would be equal to the initial value of your pension under the provisions of …
https://www.osc.ny.gov/retirement/publications/1513/tier-1-death-benefitsTier 1 Death Benefits – Police and Fire Plan
… Ordinary Death Benefit This benefit is equal to 1/12th (8.33 percent) of your last year’s earnings, multiplied by your years of service credit, up to 36 years. Alternative Death Benefit If you die while in … death benefit may be payable. This benefit would be equal to the initial value of your pension under the provisions of …
https://www.osc.ny.gov/retirement/publications/1512/tier-1-death-benefitsOverview – Special 20- and 25-Year Plans
… 383-e of the RSSL provides a new 20-year plan, which is optional for Tier 5 members and Tier 6 members who joined … 383-f of the RSSL provides a new 25-year plan, which is optional for Tier 2 and 3 members. IMPORTANT: Electing coverage under Section 383-e or 383-f is irrevocable and will apply to all subsequent employment in …
https://www.osc.ny.gov/retirement/members/383-e-383-f-plans/overviewNY State Comptroller DiNapoli Statement on Supreme Court Decision in Janus Case
… the following statement today after the United State Supreme Court ruled on the Janus v. American Federation of State, County and Municipal Employees case . "Today's U.S. Supreme Court decision overriding 40 years of legal precedent … the following statement today after the United State Supreme Court ruled on the Janus v American Federation of …
https://www.osc.ny.gov/press/releases/2018/06/ny-state-comptroller-dinapoli-statement-supreme-court-decision-janus-caseMore About This Retirement Plan – Police and Fire Plan
… This retirement plan summary describes the benefits available to Tier 1, 2, … the Comptroller of the State of New York, administers this plan. Our main office is in Albany, New York. This …
https://www.osc.ny.gov/retirement/publications/1512/more-about-retirement-planDiNapoli Statement on the Passing of His Father Nicholas DiNapoli
… Home, 75 Mineola Ave., Roslyn Heights, NY. The funeral is scheduled for Thursday at 10:00 a.m. at St. Mary's Roman … 110 Bryant Ave., Roslyn Harbor, NY. Seating and parking is limited at the funeral. Donations may be made in his name …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-statement-passing-his-father-nicholas-dinapoliState Comptroller Thomas P. DiNapoli Statement on 2023 State of the State Address
… Gov. Kathy Hochul set forth her agenda. State government is here to work for the people of this state and make life … from pandemic aftershocks, the state’s fiscal footing is currently stable, but the economy remains uneven, and inflation is still too high. To prepare for future risks and …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-thomas-p-dinapoli-statement-2023-state-state-addressOverview – Information Technology Contingency Planning
… In general, a business continuity plan focuses on strategies for … sustaining an organization’s critical business processes in the event of a disruption. It provides detailed guidance for continuing …
https://www.osc.ny.gov/local-government/publications/it-contingency-planning/overviewTully Central School District – Network Access Controls (2021M-138)
… were secure. Officials did not develop written procedures for granting, changing and revoking access rights. Officials … network user accounts, including 24 that were created for former employees or third-party consultants who no longer work for the District. Unneeded network user accounts can be …
https://www.osc.ny.gov/local-government/audits/school-district/2021/12/03/tully-central-school-district-network-access-controls-2021m-138Belfast Central School District – Reserve Funds (2021M-135)
… complete report - pdf ] Audit Objective Determine whether the Belfast Central School District (District) Board of … and maintained them at reasonable levels. Key Findings The Board and District officials properly established reserve … use or maintain all reserve funds at appropriate levels. The Board and District officials: Did not adopt an adequate …
https://www.osc.ny.gov/local-government/audits/school-district/2021/12/10/belfast-central-school-district-reserve-funds-2021m-135Town of Albion – Financial Management (2021M-29)
… fund balance to finance operations, resulting in the four main operating funds’ combined unrestricted fund balance …
https://www.osc.ny.gov/local-government/audits/town/2021/06/25/town-albion-financial-management-2021m-29Village of Montgomery – Board Oversight of the Treasurer’s Office (2021M-50)
Determine whether the Village of Montgomery Village Board of Trustees Board provided adequate oversight of the Treasurers office financial operations
https://www.osc.ny.gov/local-government/audits/village/2021/07/23/village-montgomery-board-oversight-treasurers-office-2021m-50Town of Hempstead – Compensatory Time (2021M-64)
… Appendix B includes our comments on the issues raised in the Town’s response letter. …
https://www.osc.ny.gov/local-government/audits/town/2021/09/10/town-hempstead-compensatory-time-2021m-64Truxton Fire District – Board Oversight (2022M-123)
… activities and did not complete mandatory fiscal oversight training. The Board did not: Establish adequate controls over … through 2021. Had Board members attended the mandatory training, they would have better positioned themselves to … Key Recommendations Complete mandatory fiscal oversight training, file the required AUD in a timely manner, routinely …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/truxton-fire-district-board-oversight-2022m-123Attica Central School District – Financial Management (2022M-103)
… Education (Board) and District officials properly managed fund balance and reserves. Key Findings The Board and District officials did not properly manage fund balance and reserves . Officials’ practices of appropriating fund balance and reserves that are not needed circumvents the …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/23/attica-central-school-district-financial-management-2022m-103Scarsdale Union Free School District – Overtime (2022M-105)
… pdf] Audit Objective Determine whether the Scarsdale Union Free School District (District) officials ensured overtime … Determine whether the Scarsdale Union Free School District District officials ensured overtime was …
https://www.osc.ny.gov/local-government/audits/school-district/2022/12/16/scarsdale-union-free-school-district-overtime-2022m-105Onteora Central School District – Procurement and Claims Auditing (2021M-216)
… The District did not: Have proper documentation to support that a bus purchase totaling $121,928 was … is maintained. Provide the claims auditor with access to District’s financial application to verify availability of funds and ensure pricing matches …
https://www.osc.ny.gov/local-government/audits/school-district/2022/05/27/onteora-central-school-district-procurement-and-claims-auditing-2021m-216Town of Duanesburg – Financial Records and Reports (2020M-116)
… The Town’s accounting records were not reliable. $590,880 in revenue and $55,182 in expenditures were not recorded. The accounting records’ …
https://www.osc.ny.gov/local-government/audits/town/2021/02/05/town-duanesburg-financial-records-and-reports-2020m-116City of Hornell – Foreign Fire Insurance Tax Money (2020M-140)
… the FFI tax money. The Fire Chief was solely responsible for disbursing, recording and reporting all transactions …
https://www.osc.ny.gov/local-government/audits/city/2021/03/12/city-hornell-foreign-fire-insurance-tax-money-2020m-140