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Partial Lump Sum Payment – State Police Plan
… Eligible PFRS members can elect to receive a partial lump sum (PLS) payment at retirement. If you elect a … or you can print it from the Option Selection with Partial Lump Sum Payment section of our Forms page and submit … the taxability of a PLS payment, refer to our publication, Partial Lump Sum (PLS) Payment at Retirement — For Eligible …
https://www.osc.ny.gov/retirement/publications/1518/partial-lump-sum-paymentState Agencies Bulletin No. 1026
… to agencies for processing the Over40 Comp Time II Cash Out payment for eligible employees. Affected Employees … in October of each year of the program to elect to cash out up to 120 hours of accrued Over40 Comp Time credits. For … to a maximum of 240 hours. An employee may cash out up to 120 hours of accrued Over40 Comp Time once per …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1026-2010-csea-pef-and-dc-37-over40-comp-time-ii-cash-outDiNapoli: State Tax Revenues Down $3 Billion
… and even greater economic damage. Washington must respond with more economic stimulus, including real relief for state …
https://www.osc.ny.gov/press/releases/2020/11/dinapoli-state-tax-revenues-down-3-billionNational School Lunch, Breakfast Programs – Federal Funding and New York
… poverty level or if they participate in other income-based programs, such as the Supplemental Nutritional Assistance … uses to support snacks and meals for students who attend programs or activities outside of the regular school day. FY …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/national-school-lunch-breakfast-programsDeath Benefits
… full list, but the options most often selected are: Single-Life Allowance: provides the maximum pension benefit, but … of retirement: 50 percent of your ordinary death benefit; Second year of retirement: 25 percent of your ordinary death benefit; and After your second year of retirement: 10 percent of the benefit that …
https://www.osc.ny.gov/retirement/retirees/death-benefitsDiNapoli Takes Action to Hold Corporate America Accountable for Failing to Address Diversity, Equity and Inclusion
… The New York State Common Retirement Fund (the Fund) voted against board directors at companies that failed to meet the Fund’s expectations for board diversity and filed … The New York State Common Retirement Fund voted against board directors at companies that failed …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-takes-action-hold-corporate-america-accountable-failing-address-diversity-equity-andOther Bulletin No. 40
… code and, if necessary, contact OSC using the Payroll Earnings mailbox to request assistance in determining the … fax corrections to (518) 474-2601 and email the Payroll Earnings mailbox including the Department ID and ‘LLS … Pay page and the amount in the Annual Additional Earnings field is less than or equal to $1,250, the agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-40-april-2017-suny-construction-fund-scf-civil-serviceCredit for Previous or Military Service – State University Police Plan
… employer before that employer elected to participate in the Retirement System. Service Before Your Date of … member of this System, or another public retirement system in New York State, your service may be re-credited and your … an earlier tier of membership does not always result in a better benefit. Please review your options carefully …
https://www.osc.ny.gov/retirement/publications/1823/credit-previous-or-military-serviceHomer Central School District – Financial Condition (2013M-306)
… 30, 2013. Background The Homer Central School District is located in Cayuga, Cortland, Onondaga and Tompkins Counties. The … Over the last five years, the District appropriated a total of almost $3.6 million of unexpended surplus funds …
https://www.osc.ny.gov/local-government/audits/school-district/2014/02/07/homer-central-school-district-financial-condition-2013m-306XI.4.D Indirect Cost Allocations – XI. Procurement and Contract Management
… etc. Unless it is otherwise prohibited by statute, regulation, agency policy or contract, the State will … indirect costs are based upon time, space, units of service or percentage of funding. To avoid any potential … of indirect costs is not prohibited by statute, regulation, agency policy or contract. The items of expense …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi4d-indirect-cost-allocationsState Comptroller Thomas P. DiNapoli Statement on New State Budget
… to recover from the economic devastation caused by COVID-19. More than a year into the pandemic, the number of …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-state-budgetYour Pension Pay Stub
… Your monthly Pension Pay Stub is available in Retirement Online and provides a … your payment. And throughout the year, you can view your pay stubs for year-to-date totals of each. View Your Pension Pay Stub in Retirement Online Sign in to Retirement Online . …
https://www.osc.ny.gov/retirement/retirees/your-pension-pay-stubSecurity Over Critical Information Systems
… performance accountability system, oversees the licensing of numerous professions, certifies teachers, and administers a host of other educational programs. Its responsibilities include oversight of more than 700 school districts with 3.2 million students, …
https://www.osc.ny.gov/state-agencies/audits/2017/07/19/security-over-critical-information-systemsCapital – 2022 Financial Condition Report
… accounted for 56 percent of all capital projects spending in SFY 2021-22, up from 49.4 percent five years earlier. The … the end of SFY 2021-22, the State reported $112.2 billion in capital assets, an increase of $1.2 billion (1.1 percent) from the prior year. * Actual spending figures in this section do not include off-budget spending by public …
https://www.osc.ny.gov/reports/finance/2022-fcr/capitalUnitedHealthcare – Reasonable and Customary Reimbursement Rates for Delayed Claims
To determine whether UnitedHealthcare paid claims using reasonable and customary reimbursement rate schedules that did not correlate
https://www.osc.ny.gov/state-agencies/audits/2019/12/12/unitedhealthcare-reasonable-and-customary-reimbursement-rates-delayed-claimsDiNapoli: NYS Common Retirement Fund Rises to Estimated $180.7 Billion
… The New York State Common Retirement Fund’s (Fund) value grew to an estimated $180.7 billion in the first quarter ending June 30, 2014, according to New York … The New York State Common Retirement Funds Fund value grew to …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-nys-common-retirement-fund-rises-estimated-1807-billionSUNY Bulletin No. SU-170
… rate in effect as of 6/30/10. Agency Actions Agencies are required to complete M/C Discretionary Salary Increase …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-170-2010-discretionary-increase-suny-management-confidentialWaverly Central School District – Financial Condition (2013M-148)
… our audit was to review the District’s financial condition for the period of July 1, 2011, to March 26, 2013. Background … nine elected members. The District’s budgeted expenditures for the 2012-13 fiscal year were $28 million. Key Findings … are not developing realistic expenditure budget estimates. For the fiscal years ended 2008 to 2011, the District spent …
https://www.osc.ny.gov/local-government/audits/school-district/2013/09/06/waverly-central-school-district-financial-condition-2013m-148DiNapoli Finds Major Problems with Rochester School District Payments
… the controls and oversight procedures it needs to run a sound operation." The Rochester City School District operates …
https://www.osc.ny.gov/press/releases/2017/04/dinapoli-finds-major-problems-rochester-school-district-paymentsNYS Comptroller DiNapoli: Wall Street’s 2021 Bonuses Set a New Record
… The average bonus paid to employees in New York City’s securities … and others — enjoy similar success.” While the average bonus rose 20%, the total 2021 bonus pool for New York City securities industry workers … The average bonus paid to employees in New York Citys securities industry …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-wall-streets-2021-bonuses-set-new-record