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DiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionComptroller DiNapoli Releases Municipal Audits
… $8.6 million in 2013 to $20.9 million 2017. Fund balance is projected to increase to $22.8 million at the end of 2018. … locked in the division safe, the supervisor’s signature is automatically printed on the checks without any required … it in 2019-20. As a result, the district’s proposed budget is structurally imbalanced. City and district officials …
https://www.osc.ny.gov/press/releases/2019/05/comptroller-dinapoli-releases-municipal-audits-0Town of Hopewell – Fund Balance and Budget Monitoring (2013M-231)
… The Board should review budget-to-actual reports on a monthly basis and use them to monitor current-year …
https://www.osc.ny.gov/local-government/audits/town/2014/01/10/town-hopewell-fund-balance-and-budget-monitoring-2013m-231UnitedHealthcare – Out-of-Network Providers Upcoding Selected Evaluation and Management Services (Follow-Up)
… Out-of-Network Providers Upcoding Selected Evaluation and Management Services (Report 2017-S-34 ). About the … Department of Civil Service (Civil Service), covers active and retired State, participating local government and school … their dependents. The Empire Plan is the primary health benefits plan for NYSHIP. Civil Service contracted with …
https://www.osc.ny.gov/state-agencies/audits/2020/01/03/unitedhealthcare-out-network-providers-upcoding-selected-evaluation-and-management-servicesComptroller DiNapoli Releases School District Audits
… Central School District – Professional Services (Putnam County) District officials did not seek competition for … Academy of Science Charter School – Procurement (Erie County) Auditors determined the school’s procurement policy … tuition assistance upon his separation from the district. Rockland County Community College – Employee Benefits The …
https://www.osc.ny.gov/press/releases/2020/03/comptroller-dinapoli-releases-school-district-audits-1Unified Court System Bulletin No. UCS-132
… provides judges with up to $5,000 in payments for services and goods to support them in the performance of their … Criteria All judges in Active status are eligible for Fund benefits. Part-time judges are eligible for a prorated … Other questions about this bulletin may be directed to your Payroll Auditor. … To explain procedures for processing …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-132-judicial-supplemental-support-allowanceComptroller DiNapoli & A.G. Schneiderman Announce Arrest of Brooklyn Man for Allegedly Pocketing over $23K in Deceased Mother's Pension Benefits
… State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the … Buie is alleged to have stolen over $23,000 in pension benefits issued by the New York State and Local Employees Retirement System to his deceased mother, …
https://www.osc.ny.gov/press/releases/2017/03/comptroller-dinapoli-ag-schneiderman-announce-arrest-brooklyn-man-allegedly-pocketing-over-23kDiNapoli: Erie Community College Audit Reveals Lax Oversight by Board
… Community College (ECC) gave more than $100,000 in raises and bonuses to senior officials without proper approval, … were made out of the view of the board, the public and students,” said DiNapoli. “I urge ECC’s board of trustees … trustees. The college also provided these employees with benefits including health insurance and retirement benefits …
https://www.osc.ny.gov/press/releases/2016/01/dinapoli-erie-community-college-audit-reveals-lax-oversight-boardOpinion 96 - 11
… board motion in lieu of petition) TOWN BOARD -- Powers and Duties (submission of resolution for sale of real … of real property to voter approval. This is in reply to your inquiry concerning certain land originally acquired by a … believes will yield the best price or maximum financial benefits ( id .). To fulfill this fiduciary duty, the board …
https://www.osc.ny.gov/legal-opinions/opinion-96-11State Agencies Bulletin No. 327-A
… Purpose To notify agencies of the procedures for processing Productivity Gain Payments … Agreements between NYSCOPA, Council 82 and the State of New York a pilot Productivity Gain Program has been … attendance and productivity. Employees who meet all of the following criteria are eligible for a Productivity …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/327-2002-productivity-gain-program-lump-sum-payments-employees-representedCUNY Bulletin No. CU-439
… January 12, 2012 Background The CUNY Office of Employee Benefits has requested OSC to adjust pre-tax and post-tax transit benefits so as not to exceed 2012 pre-tax benefit limits as …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-439-2012-cuny-pre-tax-transit-rate-changesCUNY Bulletin No. CU-687
… purpose of this bulletin is to notify agencies of health benefits rate changes. Affected Employees CUNY employees with … insurance coverage through the City of New York Employee Benefits Program are affected. Effective Dates Effective … paychecks dated July 30, 2020 for Institution Current and August 13, 2020 for Institution Lag. OSC Actions OSC will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-687-city-new-york-health-insurance-rate-changesCUNY Bulletin No. CU-670
… purpose of this bulletin is to notify agencies of health benefits rate changes. Affected Employees CUNY employees with … insurance coverage through the City of New York Employee Benefits Program are affected. Effective Date(s) Effective … paychecks dated January 16, 2020 Institution Current, and paychecks dated January 30, 2020 Institution Lag. OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-670-city-new-york-health-insurance-rate-changesComptroller DiNapoli and A.G. Schneiderman Announce Charges Against Georgia Resident for Stealing Over $200K in NYS Pension Benefits
… resident of Atlanta, Ga., with the crime of Grand Larceny in the Second Degree, a class C felony, in Albany County … Mr. Cook lives. I thank Attorney General Schneiderman for his hard work and partnership in combating corruption … DiNapoli and I will continue working tirelessly to root out and prosecute those who commit pension fraud, and protect …
https://www.osc.ny.gov/press/releases/2015/06/comptroller-dinapoli-and-ag-schneiderman-announce-charges-against-georgia-resident-stealing-over-200kHoneoye Falls-Lima Central School District – Financial Management and Competitive Procurement (2016M-124)
… audit was to evaluate the District’s financial management and procurement of goods and services for the period July 1, 2012 through February 11, … the amount of unrestricted fund balance in a manner that benefits District residents. Review all reserve balances and …
https://www.osc.ny.gov/local-government/audits/school-district/2016/08/26/honeoye-falls-lima-central-school-district-financial-management-andCUNY Bulletin No. CU-661
… purpose of this bulletin is to notify agencies of health benefits rate changes for HIP HMO Health Insurance. Affected … paychecks dated November 21, 2019 Institution Current and paychecks dated December 5, 2019 Institution Lag OSC … implement the bi-weekly health insurance rate changes and description changes as requested by the City of New York, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-661-city-new-york-hip-hmo-health-insurance-rate-changesWage Subsidy and Transitional Employment Programs
… Purpose To determine if the Office of Temporary and Disability Assistance (Office) adequately monitors wage subsidies to ensure payments are used as intended and whether program contractors accurately report performance … employers for costs (i.e., cost of the wages and fringe benefits paid to participants during the subsidized …
https://www.osc.ny.gov/state-agencies/audits/2016/03/29/wage-subsidy-and-transitional-employment-programsState Agencies Bulletin No. 871
… Purpose To explain the extension of Military and Training Leave Benefits and Stipends and OSC’s process for the Military Stipend recalculation effective January 1, 2008 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/871-extension-military-and-training-leave-benefits-and-stipendsState Agencies Bulletin No. 2104
… Revenue Service) tax withholding requirements for 2023 and other tax related topics. Affected Employees: Employees … OSC Actions: OSC has updated PayServ with the new Federal and New York tax requirements for 2023. OSC continues to use … Plans Qualified Transportation and Parking Fringe Benefits Limit Mileage Rates Individual Taxpayer …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2104-summary-tax-related-changes-2023Leaves of Absence – State Police Plan
… of absence; or Unpaid leave taken under the federal Family and Medical Leave Act. Tier 2, 5 and 6 members receive half credit for sick leave at half pay. … leave per incident. To determine your eligibility and the cost, if any, please send a request to NYSLRS using …
https://www.osc.ny.gov/retirement/publications/1518/leaves-absence