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Avoiding a Rejected DRO – Divorce and Your Benefits
… Income Security Act (ERISA), the Retirement Equity Act of 1984 and certain provisions of the Internal Revenue Code (IRC) must be deleted from any … distribution may be made following the specific direction of the court only. Earliest Retirement Age — The earliest …
https://www.osc.ny.gov/retirement/members/divorce/avoiding-rejected-droXII.6.E Making an Emergency Payment – XII. Expenditures
… occurs where health and public safety or the conservation of public resources is at risk and an immediate payment is … practices does not constitute an emergency. The Office of the State Comptroller’s (OSC) Bureau of Contracts’ approval must be obtained for an emergency …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6e-making-emergency-paymentDiNapoli: Halfway Through the Year, Revenue Hole Persists
… had a significant negative effect on the first half of the state’s fiscal year,” DiNapoli said. “The pandemic has created a profound degree of uncertainty, but one thing is clear – Washington must get … weather this economic storm. The state Division of the Budget’s mid-year Financial Plan update and the …
https://www.osc.ny.gov/press/releases/2020/10/dinapoli-halfway-through-year-revenue-hole-persistsIX.12.O Refunds – IX. Federal Grants
… Interest will be calculated on the federal percentage of all refund transactions executed by the State where such … are $50,000 (gross value) or more. The federal share of refunds is determined based on refund transactions … the state’s interest liability and pursuant to Section 121 of the State Finance Law, agencies are directed to return all …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12o-refundsCost-Saving Ideas: Overtime Planning and Management
… Reducing the cost of employee salaries and benefits by even a small percentage … school districts. These costs represent nearly 57 percent of annual budget expenditures, on average. Overtime wages can … service 1 and pension costs. For example, 8 to 30 percent of wages paid to highway employees in New York State are for …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-overtime-planning-and-managementDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… New York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. These restrictions are part of DiNapoli’s comprehensive Climate Action Plan to address … with the Comptroller’s fiduciary duty. The evaluation of the Fund’s shale oil and gas holdings is part of …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesState Comptroller DiNapoli Releases Audits
… audits and examinations have been issued. Department of Health: Medicaid Overpayments for Medicare Part B Services … Part B deductibles that exceeded yearly limits. Department of Health: Medicaid Overpayments for Medicare Advantage Plan … in Medicaid payments) to determine the appropriateness of the payments. Auditors found that for 187 claims the …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-releases-audits-1DiNapoli Urges Vote Against eXp's Proposed Move to Texas and All Directors
… to Texas and against all company directors in the wake of a troubling court ruling, New York State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. The company proposed the move … harm and put shareholder value at risk. The timing of this abrupt move — from a state where an adverse ruling …
https://www.osc.ny.gov/press/releases/2026/04/dinapoli-urges-vote-against-exps-proposed-move-texas-and-all-directorsApplying for Benefits – Special 20- and 25-Year Plans
… you must file the appropriate application with the Office of the State Comptroller in a timely manner (filing deadlines … electronically through Retirement Online , or in the case of a paper application, received by our Albany office, one of our consultation sites or another office of the State …
https://www.osc.ny.gov/retirement/publications/1517/applying-benefitsForms
… and update their contact information. Designation of Beneficiary To change your beneficiary information. Learn … beneficiary changes . (RS5127, Rev. 11/22) Designation of Beneficiary — Trust To designate a trust as either your … Certain), you should use the Pensioner’s Designation of Beneficiary form (RS6439) . (RS5127-T, Rev. 4/22) …
https://www.osc.ny.gov/retirement/formsState Authority Codes
… have a code will maintain it for this purpose. A list of State Authority Codes is provided. Codes have not yet been … anticipate submitting contract transactions in advance of a State Authority Code being assigned are directed to … University Construction Fund 21300 Development Authority of the North Country 21240 Dormitory Authority of the State …
https://www.osc.ny.gov/public-authorities/state-authority-codesComptroller DiNapoli Statement on Earth Day 2016
… 46 years ago. Environmental concerns are at the forefront of our daily lives, but the challenges we face in … challenges. As we develop cleaner technologies and sources of energy we will help create sustainable economies and a more sustainable planet.” As trustee of the New York Common Retirement Fund, DiNapoli has …
https://www.osc.ny.gov/press/releases/2016/04/comptroller-dinapoli-statement-earth-day-2016Area #5 – Malware Protection – Information Technology Governance
… is especially true with the ongoing and escalating threat of ransomware attacks against local governments and schools. One way to detect and stop some forms of malware before it can affect its targets is by using … and kept current with software and signature (a set of characteristics also referred to as virus definitions) …
https://www.osc.ny.gov/local-government/publications/it-governance/area-5-malware-protectionVII.3.B AP Adjustment Voucher – Treasury Requirements – VII. State Revenues and Appropriated Loan Receivables
… must forward all checks, money orders, etc. and a printout of either the SFS “Summary” page or “Invoice Information” … e-mailing [email protected] with the amount of the cash deposit and a justification as to why there is no … cash through the mail exposes the agency to the risk of theft or loss. Therefore, agencies must have proper …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3b-ap-adjustment-voucher-treasury-requirementsService Diversions for Maintenance and Capital Projects
… 16, 2011. Background The LIRR is a constituent agency of the Metropolitan Transportation Authority (MTA), and … service between New York City and the suburban counties of Nassau and Suffolk. A "service diversion" takes place when LIRR must close all or a part of a track line for capital projects or maintenance. When …
https://www.osc.ny.gov/state-agencies/audits/2014/03/18/service-diversions-maintenance-and-capital-projectsMedicaid Program – Improper Supplemental Maternity Capitation Payments to Managed Care Organizations
… through July 31, 2020. About the Program The Department of Health (Department) administers New York’s Medicaid program. Many of the State’s Medicaid recipients receive their services … center delivery costs associated with the maternity care of a recipient. However, MCOs are not eligible to receive …
https://www.osc.ny.gov/state-agencies/audits/2021/11/29/medicaid-program-improper-supplemental-maternity-capitation-payments-managed-careMedicaid Program – Improper Payments for Certain Third-Party Cost-Sharing Claims
… 2020 through May 2024. About the Program The Department of Health (DOH) administers New York State’s Medicaid program. Medicaid members may have other sources of health care coverage, such as Medicare and group health … (third-party insurers). Medicaid is considered the payer of last resort and, as such, providers are required to …
https://www.osc.ny.gov/state-agencies/audits/2025/11/05/medicaid-program-improper-payments-certain-third-party-cost-sharing-claimsState Comptroller DiNapoli Releases Municipal Audits
… the following local government audits were issued. Town of Highlands – Receiver of Taxes and Assessments (Orange County) The former receiver, … did not correct deficiencies noted in the 2006 Receiver of Taxes audit, properly oversee the receiver’s work, or …
https://www.osc.ny.gov/press/releases/2022/01/state-comptroller-dinapoli-releases-municipal-audits-0State Comptroller DiNapoli Releases Audits
… (ICLC) - The Research Foundation for the State University of New York: Compliance with the Reimbursable Cost Manual … Health Insurance Program (2016-D-1) Based on the findings of 35 reports, auditors determined significant cost savings to NYSHIP would occur if more out-of-network providers who improperly waive members’ …
https://www.osc.ny.gov/press/releases/2018/06/state-comptroller-dinapoli-releases-auditsPartial Lump Sum Payment – Special 20- and 25-Year Plans
… your PLS along with your first pension payment, at the end of the month following your retirement month. Eligibility To … retirement benefit for at least one year before your date of retirement; and Retire with a service retirement benefit … select a pension payment option and PLS payment by the end of the month in which you retire. If you are eligible for a …
https://www.osc.ny.gov/retirement/publications/1517/partial-lump-sum-payment