Search
About Statement No. 67 – Governmental Accounting Standards Board
… Board (GASB) Statement No. 67, Financial Reporting for Pension Plans : Establishes accounting and reporting standards for public pension systems. Defines the way public pension … Net Position or Statement of Changes in Plan Net Position. For more information on Statement No. 67, visit the GASB …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-67St. Paul Boulevard Fire District - Board Oversight (2018M-116)
… The Board did not: Adopt realistic budgets, which resulted in excessive unrestricted fund balance that was not substantiated by planned uses in any fund balance policy or multiyear financial or capital …
https://www.osc.ny.gov/local-government/audits/fire-district/2018/10/05/st-paul-boulevard-fire-district-board-oversight-2018m-116Becoming Eligible for a Benefit – Article 14 Benefits
… five years of service credit, even if you discontinue your public employment. Vesting is automatic — you do not have to … to become vested. As a vested member, you may leave public employment and, at a later date, apply for and receive …
https://www.osc.ny.gov/retirement/publications/1644/becoming-eligible-benefitState Agencies Bulletin No. 1170
To notify agencies of an automatic Dues and Agency Shop Fee increase
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1170-new-york-state-correctional-officers-and-police-benevolent-associationREACH Academy Charter School - Cash Disbursements (2019M-130)
… cash disbursements were properly accounted for, supported and approved. Key Findings The Board has not appointed a claims auditor to audit claims before payment as required by the School’s cash disbursement policy. Cash disbursements …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/09/13/reach-academy-charter-school-cash-disbursements-2019m-130Town of Harford - Highway Asset Accountability and Procurement (2019M-201)
… complete report - pdf] Audit Objective Determine whether Town officials adequately safeguarded Highway Department … services and complied with statutes related to conflicts of interest. Key Findings The Highway Superintendent did not …
https://www.osc.ny.gov/local-government/audits/town/2019/12/20/town-harford-highway-asset-accountability-and-procurement-2019m-201Charter School for Applied Technologies - Student Enrollment and Billing (2019M-60)
… Determine whether student enrollment and billings to school districts of residence are accurate and supported. … School billed tuition totaling $12,600 for three students to the incorrect district of residence and underbilled four … our findings and recommendations and indicated they plan to take corrective action. Appendix B includes our comment on …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/06/14/charter-school-applied-technologies-student-enrollment-and-billing-2019mState Agencies Bulletin No. 1884
… agencies that the pensionable overtime earnings limit for Tier 5 Employee Retirement System (ERS) and Tier 5 Teacher’s Retirement System (TRS) members for calendar … 2021 is $20,763.51. Affected Employees Employees who are Tier 5 members of ERS Plan Type 7Y and TRS Plan Type 7X are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1884-tier-5-pensionable-overtime-earnings-limit-calendar-year-2021-employeesUnion-Endicott Central School District - Noninstructional Overtime (2018M-201)
Determine whether District officials appropriately monitored and controlled overtime for noninstructional employees
https://www.osc.ny.gov/local-government/audits/school-district/2019/03/22/union-endicott-central-school-district-noninstructional-overtime-2018mVillage of Atlantic Beach - Cash Disbursement (2018M-253)
… that cash disbursements were properly supported, audited and for valid purposes. Key Findings The Board did not audit individual claims before payment. Our review of 59 claims totaling $1.2 million paid during the audit period showed that these claims generally appeared …
https://www.osc.ny.gov/local-government/audits/village/2019/05/03/village-atlantic-beach-cash-disbursement-2018m-253Former Fire Co. Treasurer Admits Stealing $24K
… Philip C. Povero and Ontario County District Attorney James Ritts on the case. Wharton, 54, of Manchester, stole … working with Sheriff Philip Povero and District Attorney James Ritts, these funds will be repaid." Wharton must … by filing a complaint online at investigations@osc.ny.gov , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2019/02/former-fire-co-treasurer-admits-stealing-24kUniondale Union Free School District – Information Technology (2023M-61)
… adequately managed nonstudent network user accounts and permissions. Key Findings District officials did not … network user accounts and permissions. As a result, the District had an increased risk of unauthorized access to and use of the network and could potentially lose important data. In …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/06/uniondale-union-free-school-district-information-technology-2023m-61Horseheads Central School District – Network Access Controls (2021M-127)
… pdf ] Audit Objective Determine whether Horseheads Central School District (District) officials ensured network access … response. … Determine whether Horseheads Central School District District officials ensured network access …
https://www.osc.ny.gov/local-government/audits/school-district/2021/11/12/horseheads-central-school-district-network-access-controls-2021m-127City of Johnstown – Information Technology (2020M-127)
… whether City of Johnstown (City) officials safeguarded information technology (IT) resources to ensure personal, private and sensitive information (PPSI) was protected. Key Findings City officials did not adequately …
https://www.osc.ny.gov/local-government/audits/city/2021/03/19/city-johnstown-information-technology-2020m-127State Agencies Bulletin No. 1914
… the dues increase and retro adjustments may be directed to Frank Gilbo of the NYSCOPBA office at (518) 427-1551 or …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1914-new-york-state-correctional-officers-and-police-benevolent-associationCattaraugus-Allegany-Erie-Wyoming Board of Cooperative Educational Services - Capital Assets (2023M-126)
… and we were unable to locate approximately $31,000 in capital assets, which included tablets, audio equipment, … tools, data storage devices and a gaming console. In addition, we reviewed capital asset records for 130 assets …
https://www.osc.ny.gov/local-government/audits/boces/2023/12/15/cattaraugus-allegany-erie-wyoming-board-cooperative-educational-services-capitalService Retirement Benefit – En-Con Police Officers Plan
… You may retire at any age after completing 25 years of En-Con police service, or you may qualify for a service … before having served 25 years as an En-Con police officer. The Benefit With 25 years of creditable service, your benefit will equal 1/50th (2 …
https://www.osc.ny.gov/retirement/publications/1822/service-retirement-benefitSpecial Disability Benefits – Special 20- and 25-Year Plans
… Firefighters and police officers may be eligible for an accidental … have been exposure to bodily fluids that may have involved the transmission of this disease), tuberculosis or hepatitis … are in service or within five years of your discontinuance from service. Firefighters who are permanently disabled due …
https://www.osc.ny.gov/retirement/publications/1517/special-disability-benefitsRetiring Before Age 62 – Police and Fire Plan
… retire before age 62 will have their benefit reduced by the percentages shown below. The percentage of the benefit reduction is prorated based on your exact age at retirement. Age at Retirement Percentage of Reduction 55 27 56 24 57 21 58 18 59 15 60 12 61 6 62 0 It …
https://www.osc.ny.gov/retirement/publications/1512/retiring-age-62Retiring Before Age 62 – Career Plan
… Tier 2, 3, 5 and 6 members who retire before age 62 will have their benefit reduced by the percentages shown below. The percentage of the benefit reduction is prorated based on …
https://www.osc.ny.gov/retirement/publications/1642/retiring-age-62