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Available Options – Non-Contributory Plan with Guaranteed Benefits
… the same monthly amount you were receiving (without COLA) for life. If your beneficiary dies before you, all … to one-half of the amount you were receiving (without COLA) for life. If your beneficiary dies before you, all … the same monthly amount or one-half that amount (without COLA), depending on which option you elect, to your …
https://www.osc.ny.gov/retirement/publications/1513/available-optionsPension Payment Option Election – Divorce and Your Benefits
… All options will pay the member a monthly benefit for life. The Single Life Allowance is the maximum benefit available. Or, a member … “pop up” to the maximum amount payable under the Single Life Allowance option, and all payments will stop when the …
https://www.osc.ny.gov/retirement/members/divorce/pension-payment-option-electionManual Reporting – Enhanced Reporting
… With manual reporting, you enter data directly into …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/manual-reportingState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… State-based companies through its In-State Private Equity Investment Program, New York State Comptroller Thomas P. … this money will be overseen by Graycliff Partners, a new investment partner for the fund and one of 19 investment …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesSUNY Bulletin No. SU-302
… purpose of this bulletin is to provide agency instructions for processing the Recruitment and Retention Payments. … of America/Graduate Student Employees Union, provides for recruitment and retention payments. Each doctoral degree granting campus is allocated a portion of the Doctoral Program Recruitment and Retention …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-302-suny-recruitment-and-retention-payments-gsnu-employeesDiNapoli: State’s Financial Plan Reflects a Bleak Economic Outlook
… The state’s Enacted Budget Financial Plan anticipates a dire fiscal outlook in State Fiscal Year (SFY) 2020-21 and … to Localities spending, while large reductions in funding for State Operations are also planned. School children and … fiscal crisis that could dramatically change our landscape for years to come. As reports by my office have repeatedly …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-states-financial-plan-reflects-bleak-economic-outlookMedicaid Program – Medicaid Overpayments for Medicare Part B Services Billed Directly to eMedNY
… insurance coverage for a range of outpatient medical services, physician services, and medical supplies. Medicare … is met. After the deductible is met, Medicare begins to pay its share and the enrollee is responsible for any … implemented its automated Medicare/Medicaid crossover system. Under this system, providers submit medical claims …
https://www.osc.ny.gov/state-agencies/audits/2018/12/11/medicaid-program-medicaid-overpayments-medicare-part-b-services-billed-directly-emednyCost-Saving Ideas: Using State Contracts to Acquire Goods or Services
… savings. Local government and school district officials can purchase goods and services under existing State … and money. State contracts can provide many necessities for local governments and school districts like road salt, … are available for local governments and school districts. You can view OGS contracts on its website at www.ogs.ny.gov , …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-using-state-contracts-acquire-goods-or-servicesState Comptroller DiNapoli Releases State Audits
… audits and examinations have been issued: City University of New York: Lehman College, Controls Over Bank Accounts … list that Lehman opened prior to the implementation of its 2008 banking policy. In addition, of 72 payments from … programs. Department of Health (DOH): Optimizing Medicaid Drug Rebates (2017-F-9) (Follow-Up) An initial audit …
https://www.osc.ny.gov/press/releases/2017/12/state-comptroller-dinapoli-releases-state-auditsState Comptroller DiNapoli Releases State Audits and Examinations
… (DOL)/Department of Corrections and Community Supervision (DOCCS): Selected Aspects of the Pay for Success Program … opportunities and decrease the risk of recidivism, DOCCS and DOL, in collaboration with Harvard University, … of the group members. Auditors also determined that DOCCS is properly tracking individual days of …
https://www.osc.ny.gov/press/releases/2017/03/state-comptroller-dinapoli-releases-state-audits-and-examinations-0Payments by Beacon Health Options for Mental Health and Substance Abuse Services for Ineligible Members
… million active and retired State, local government, and school district employees, and their dependents. The Empire … (e.g., State agencies, local government employers, and school districts) have a Health Benefits Administrator (HBA) …
https://www.osc.ny.gov/state-agencies/audits/2022/05/13/payments-beacon-health-options-mental-health-and-substance-abuse-services-ineligibleNYS Comptroller DiNapoli: Amazon Must Ensure Its Business Is Not Adding to Racial Inequality
… New York State Common Retirement Fund (the Fund) has filed a shareholder proposal at Amazon.com, Inc. asking for an independent audit to assess the company’s policies and … that promote hatred,” DiNapoli said. “Corporate America can only benefit by joining the ongoing national reckoning …
https://www.osc.ny.gov/press/releases/2020/12/nys-comptroller-dinapoli-amazon-must-ensure-its-business-not-adding-racial-inequalityExamples from GASB Statement 34 - Sample City Balance Sheet Governmental Funds
… General Fund HUD Programs Community Redevelopment Route 7 Construction Fund Other Governmental Funds Total Governmental …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-2State Comptroller DiNapoli Releases Audits
… Executive Order 95 (Open Data) (2019-S-39) EO 95, issued in March 2013, established an Open Data Website for the … Executive Order 95 (Open Data) (2019-S-16) EO 95, issued in March 2013, established an Open Data Website for the … Incentive Program (Follow-Up) (2019-F-56) An audit issued in November 2018, found that HESC had taken steps to …
https://www.osc.ny.gov/press/releases/2020/04/state-comptroller-dinapoli-releases-auditsDiNapoli: Renewable Energy Projects Taking Years To Become Operational in NYS
… timelines to allow the state to better assess its progress in meeting its renewable energy goals.” ORES was created in 2020 to streamline and expedite the environmental review … areas of the process. A realistic accounting of the delays in the permitting process and the total time it takes will …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-renewable-energy-projects-taking-years-become-operational-nysDiNapoli: New York’s Employee Stock Ownership Plans Lead Nation in Assets
… New York State Comptroller Thomas P. DiNapoli released a report today that explains how employee ownership models, … them, not only help stabilize companies’ bottom lines, but can increase employees’ income levels and improve their … who helped build the company, and provide opportunities for workers and the communities they live in. State leaders …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-new-yorks-employee-stock-ownership-plans-lead-nation-assetsMedicaid Program – Improper Medicaid Payments for Recipients Diagnosed With Severe Malnutrition
… to a hospital will increase. Medicaid will only pay for medical care and services that are medically necessary, … and that meet existing standards of professional practice. For the five-year period ended December 31, 2017, Medicaid paid about $521 million for inpatient claims that included a severe malnutrition …
https://www.osc.ny.gov/state-agencies/audits/2019/04/08/medicaid-program-improper-medicaid-payments-recipients-diagnosed-severe-malnutritionState Agencies Bulletin No. 1509
… contained in the 2015-2016 Agreement between the State of New York and the Public Employees Federation (PEF), employees …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1509-2016-special-assignment-duty-pay-calendar-year-2015-public-employeesComptroller DiNapoli Releases State Audits
… New York State Comptroller Thomas P. DiNapoli announced today …
https://www.osc.ny.gov/press/releases/2015/04/comptroller-dinapoli-releases-state-audits-0DiNapoli Halts $24 Million in Suspicious Tax Refunds
… income tax refunds stopped to date include: Reason for Stopping Tax Refund Number of Refunds Dollar Value of … estimated their efforts produced $62.6 million in savings. For a copy of the report, visit: …
https://www.osc.ny.gov/press/releases/2014/04/dinapoli-halts-24-million-suspicious-tax-refunds