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Pension 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 …

Unified Court System Bulletin No. UCS-125

… Insurance Program. Affected Employees Employees in Bargaining Unit SA represented by the Citywide Association …

Watervliet City School District – Fiscal Stress (2014M-149)

… Purpose of Audit The purpose of our audit was to review the District’s financial condition for the period … approximately $23.5 million. Key Finding The Board did not adopt realistic, structurally balanced general fund … activity to ensure that capital project expenditures do not exceed authorized amounts. Develop a multiyear plan to …

DiNapoli: Local Sales Tax Collections Grew 5.1% in November

… in New York state increased by 5.1% in November compared to the same month in 2022, according to data released today by State Comptroller Thomas P. … totaled $1.81 billion, up $88.6 million compared to the same time last year. “Local sales tax collections … in New York state increased by 51 in November compared to the same month in 2022 according to data released today by …

Masonville Fire District – Financial Activities (2020M-165)

… Board did not: Review adequate supporting documentation for nine disbursements totaling $57,374. Approve 12 … records. Ensure sensitive and personal electronic data was adequately protected because the Treasurer used her … adequate oversight controls including reviewing canceled check images, ensuring claims have adequate documentation, …

Saranac Central School District – Student State Aid (2023M-91)

… District (District) officials properly claimed State aid for special education students who received services in … District officials did not properly claim State aid for special education students who received services in … procedures to ensure State aid was properly claimed for all eligible special education students.  Provide …

One-Year FAS – Career Plan

… salary; Overtime;* Holiday pay; Noncompensatory overtime;* and Longevity payment. All payments must be earned in the 12 … made in anticipation of retirement; Lump sum payment for deferred compensation; and Any payments made for time not worked. The earnings used in the calculation of …

One-Year FAS – New Career Plan

… this benefit, your retirement will be calculated based on a one-year FAS unless the three-year calculation provides …

One-Year FAS – Non-Contributory Plan with Guaranteed Benefits

… salary; Overtime;* Holiday pay; Noncompensatory overtime;* and Longevity payment. All payments must be earned in the 12 … made in anticipation of retirement; Lump sum payments for deferred compensation; and Any payments made for time not worked. The earnings used in the calculation of …

One-Year FAS – Basic Plan with Increased-Take-Home-Pay (ITHP)

… calculation provides a higher FAS. (Note: This benefit is generally not available to Tier 6 members.) The one-year … The calculation of a one-year FAS can include, but is not limited to, the following types of payments: Regular … the total amount of overtime and noncompensatory overtime is limited to 15 percent of your salary. …

One-Year FAS – Police and Fire Plan

What to Expect from an OSC Audit

This session will familiarize you with the entire audit process: from its early stages to the final report. Learn what the auditors are looking for, the professional standards they follow, and your role in the process.

Churchville-Chili Central School District – Financial Management (2015M-354)

… Purpose of Audit The purpose of our audit was to evaluate the District’s financial … students, is governed by an elected nine-member Board of Education. Budgeted appropriations for the 2015-16 fiscal …

Opinion 88-6

… or statutory amendments that bear on the issues discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Retirement … paid to each participating employee during any year in which the employee performs 1,000 hours of service. An … service. A participating employee is fully vested at all times and is eligible to receive benefits at the "normal …

State Comptroller DiNapoli Releases Municipal Audits

… board did not ensure that officials and employees procured goods and services in accordance with the procurement policy. … the last 10 years, the city’s outstanding debt has grown 22.4 percent and the city’s debt service payments have risen …

Rochester Academy Charter School – Credit Cards (2022M-208)

… Objective Determine whether Rochester Academy Charter School (School) officials ensured credit card charges were properly approved, supported and for School purposes. Key Findings School officials did not ensure … audit school district charter school rochester credit cards …

Overview – Employer Contributions and Rates

… The New York State Common Retirement Fund (the Fund) holds and invests the money used to pay NYSLRS benefits. As a … can be paid. To calculate your annual invoice and bill you for a portion of the cost of your employees’ benefits, contribution rates are announced annually for the next State fiscal year's invoice, due approximately …

Audit Response Timeframe

… for the implementation of recommendations included within final reports for corrective action. Memo Bill Text Status … for the implementation of recommendations included within final reports for corrective action …

Pre-Audit - State Insurance Fund

… – Relates to the pre-audit of expenditures from the state insurance fund by the state comptroller; repealer. Memo Bill … Relates to the preaudit of expenditures from the state insurance fund by the state comptroller repealer …

State Agencies Bulletin No. 307

… Purpose To explain the use of the new deduction code 321, MedAmerica … Program. Affected Employees All employees who are eligible to participate in the New York State Health Insurance … OSC Actions OSC will process a weekly file from MedAmerica to start and/or cancel deductions for this insurance program. …