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How the Program Works – Contribution Stabilization Program
… annual contribution according to its usual procedures. The CSP does not change these procedures or the method for determining annual contribution rates. For purposes of the CSP, the normal annual contribution is the employer’s … Explaining the New York State and Local Retirement System NYSLRS …
https://www.osc.ny.gov/retirement/employers/csp/how-program-worksImplications for the Future – 2021 Financial Condition Report
… and Uncertainty Remains While the recession brought on by the COVID-19 pandemic was short-lived, employment has … of new variants, vaccination rates, and their impact on consumer and employer behavior all provide a high level of … with regard to the pace of the recovery and its impact on tax revenues and spending on programs. The Key Role of …
https://www.osc.ny.gov/reports/finance/2021-fcr/implications-futureDiNapoli: NYC’s Tech Boom Partially Offset City's Pandemic Job Losses
… tech employment increase by 42.6% from 2016 to 2021. Tech industry jobs increased slightly in Queens and declined in … out of all sectors with over 2,000 employees. Impact on Real Estate: By 2020, technology, advertising, media and …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nycs-tech-boom-partially-offset-citys-pandemic-job-lossesState Agencies Bulletin No. 1256
… employee in the VDCP. After this three-year period, the future contribution rate will be based on what the employee actually earned two years prior. A future payroll bulletin will provide additional information … the “look back” period. OSC Actions New Retirement benefit plans within the TIAA Retirement System (7Z) have been …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1256-new-tier-vi-voluntary-defined-contribution-retirement-programAbout the Record of Activities – Reporting Elected and Appointed Officials
… judges are on call every third weekend. Can they claim all of that time because they cannot do other things? What do I … to submit an ROA? It’s been more than 180 days since the official took office, and I still haven’t received the official’s record of activities. What if an official …
https://www.osc.ny.gov/retirement/employers/reporting-ea-officials/about-record-activitiesSUNY Bulletin No. SU-341
… to accurately process NYSTRS refunds and arrears as part of the fiscal year 2021-2022 NYSTRS Reconciliation … to accurately process NYSTRS refunds and arrears as part of the fiscal year 20212022 NYSTRS Reconciliation Project …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-341-agency-actions-required-fiscal-year-2021-22-new-york-stateDiNapoli: Some Bright Spots for NYC Finances in FY21, but Long-Term Challenges Looming
… The city’s unemployment rate in December was 11.4 percent, down from a peak of 20.3 percent in June. However, the rate … source at 46 percent of city-funded revenue, adjusted down by $2.5 billion. They are not expected to return to … municipal unions, a budget risk. The city has also drawn down $1.15 billion in contingent reserves to attain balance …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-some-bright-spots-nyc-finances-fy21-long-term-challenges-loomingDiNapoli: State Should Recoup $11.7 Million from Special Education Contractors
… of audits that led to legislative changes that granted the Comptroller’s office audit authority to examine these … with disabilities a quality learning experience, but over the last decade, we have found a persistent pattern of … Hebrew Academy is a New York City-based not-for-profit organization providing programs to children with disabilities …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-state-should-recoup-117-million-special-education-contractorsDiNapoli: Brooklyn is King of NYC Economic Growth
… adding jobs and businesses at a faster pace than the rest of New York City between 2003 and 2012, including the first increase in manufacturing jobs in 2012 after decades of losses, according to an economic snapshot of Brooklyn released today by New York State Comptroller …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-brooklyn-king-nyc-economic-growthXI.18.C Consultant Disclosure – XI. Procurement and Contract Management
… State Finance Law requires: that the Office of the State Comptroller (OSC) include in the Consulting … information to the contracting agency, the Department of Civil Service (DCS) and OSC; and, that OSC include such … required to disclose, by employment category, the number of persons employed to provide services under a contract for …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi18c-consultant-disclosureNew York’s Economy and Finances in the COVID-19 Era
… the beginning of the COVID-19 pandemic. The 2.8 percentage point improvement in the unemployment rate was the second … map below. New Jersey led the nation with a 4.4 percentage point decline. Unfortunately, a deeper dive into the Bureau … declined by nearly 363,000 last month, a 2.3 percentage point drop from August (based on preliminary figures), while …
https://www.osc.ny.gov/reports/covid-19-october-28-2020DiNapoli Report Examines Broadband Availability, Access and Affordability in NYC
… A new report by State Comptroller Thomas P. DiNapoli examined … to broadband availability, access and affordability across New York City’s neighborhoods and found that despite high … A new report by Comptroller DiNapoli examined issues related to …
https://www.osc.ny.gov/press/releases/2024/12/dinapoli-report-examines-broadband-availability-access-and-affordability-nycEnvironmental, Social & Governance Principles and Proxy Voting Guidelines - 2024
The New York State Common Retirement Fund is one of the largest public pension funds in the nation with invested assets valued at $249.5 billion in assets (as of March 31, 2023) held in trust for the more than one million members and beneficiaries of the New York State and Local Retirement System.
https://www.osc.ny.gov/files/common-retirement-fund/corporate-governance/pdf/proxy-voting-guidelines-2024.pdfTerms of Service
… Termination of a User’s OSC account includes: (a) removal of access to all offerings within the Services; (b) … property and other laws. OSC grants each User a personal, non-transferable and non-exclusive right and license to use the object code of …
https://www.osc.ny.gov/online-services/terms-serviceState Comptroller DiNapoli Releases School Audits
… P. DiNapoli today announced his office completed audits of the Attica Central School District , Clarence Central School … Services , West Canada Valley Central School District and the West Hempstead Union Free School District . State … ensure money is being spent appropriately and effectively. The Comptroller’s audits are designed to help schools improve …
https://www.osc.ny.gov/press/releases/2016/07/state-comptroller-dinapoli-releases-school-audits-1DiNapoli Releases Executive Budget Report
… challenges in coming years as revenue growth is expected to slow and billions of dollars in settlement money are spent, according to an analysis of the $154.6 billion Executive Budget … the release of the Executive Budget, provides information to assist in the evaluation of the 2016-17 proposal. “The …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-releases-executive-budget-reportOpinion 2007-3
… there have been subsequent court cases or statutory amendments that bear on the issues discussed in the opinion. … 63; 1991 Opns St Comp No. 91-35, p 106). Prior to the 1999 amendments, which became effective on August 2, 1999, a … in a negotiating unit was “increased”. The 1999 amendments to section 207-m expanded the scope of the statute …
https://www.osc.ny.gov/legal-opinions/opinion-2007-3Opinion 98-4
… to "an official who is empowered to authorize payment of bills without prior audit by such body or, in the event there … of the claims is a responsibility of the county treasurer (see County Law, §§369[6][b], 577[3], 600[1]). From the … delegation to a county comptroller or county auditor (see Memoranda to Governor's Counsel, L 1984, ch 383, from the …
https://www.osc.ny.gov/legal-opinions/opinion-98-4State Agencies Bulletin No. 1025
… and can be automatically bar-coded. The current first class rate will be applied for most other mail within the … cases but can be slightly lower or higher. Presorted First Class – This postal rate type includes mail that is Move … the address. The rate for this mail is the current first class mail rate of $0.44. Direct Mail First Class – This …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1025-direct-mailing-direct-deposit-advice-statementsMonitoring of Air Quality (Facility Permits and Registrations)
… Objective To determine whether the Department of Environmental Conservation is taking necessary … registration data from January 2020 through April 2022 and Department activities related to these permits and … to smaller sources like dry cleaners. The mission of the Department of Environmental Conservation (Department) is to …
https://www.osc.ny.gov/state-agencies/audits/2023/09/20/monitoring-air-quality-facility-permits-and-registrations