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Accounts Payable Advisory No. 16
… to Long Island Power Authority Guidance: Consistent with the Guide to Financial Operations (GFO), Chapter XII, Section 5.C - Selecting the Appropriate Vendor and Address Sequence , Business Units … when processing payments to vendors. Improper preparation of vouchers payable to Long Island Power Authority may delay …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/16-complex-entity-long-island-power-authorityAccounts Payable Advisory No. 7
… Chapter XII, Section 5.C - Selecting the Appropriate Vendor and Address Sequence , Business Units must select the correct Vendor ID and Address Sequence when processing payments to … with the GFO, Chapter XII, Section 5.B - Unique Invoice Number Requirements , Business Units must ensure there is a …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/7-complex-entity-barnes-nobleYates County – Sexual Harassment Prevention Training (S9-23-07)
… Determine whether County of Yates (County) employees and elected officials completed annual sexual harassment … Key Findings SHP Training was provided to employees and elected officials. However, of the 45 total individuals we tested (23 selected employees and all 22 elected officials), we found three elected …
https://www.osc.ny.gov/local-government/audits/county/2023/09/22/yates-county-sexual-harassment-prevention-training-s9-23-07XII.6 Overview – XII. Expenditures
… This section provides Business Units with guidance on how to process certain payment situations where the type of … required by the Office of the State Comptroller. Guide to Financial Operations REV. 01/26/2015 …
https://www.osc.ny.gov/state-agencies/chapter-xii/xii6-overviewService Retirement Benefit – Regional State Park Police Plan
… police officer service. Or, you may qualify for a service retirement if you reach age 60 before having served 25 years … The Benefit With 25 years of creditable service, your retirement benefit will equal one-half (50 percent) of … before completing 25 years of service, you will receive a retirement benefit equal to 1/50th (2 percent) of …
https://www.osc.ny.gov/retirement/publications/1867/service-retirement-benefitAdditional Service Credit for Sick Leave (Section 341[j]) – Regional State Park Police Plan
… To be eligible for this benefit, you must retire directly from public employment or within a year after separating from service. The additional credit is determined by dividing …
https://www.osc.ny.gov/retirement/publications/1867/additional-service-credit-sick-leave-section-341jCost-of-Living Adjustment – State Police Plan
… each year. This cost-of-living adjustment (COLA) — subject to pension caps and limitations — is 50 percent of the … your benefit). The adjustment percentage is applied only to the first $18,000 of your Single Life Allowance amount, … a pension payment option that pays a lifetime benefit to your beneficiary, and if the beneficiary is your spouse, …
https://www.osc.ny.gov/retirement/publications/1518/cost-living-adjustmentAdditional Benefits after 20 Years (Sections 384-e and 384-e [b]) – Special 20- and 25-Year Plans
… provides an additional benefit of 1.66 percent of your FAE for each year of creditable service beyond 20 years. If … provides an additional benefit of 1.66 percent of your FAE for each year of service earned with a public employer … members, your total maximum benefit is 70 percent of your FAE (a maximum of 32 years). …
https://www.osc.ny.gov/retirement/publications/1517/additional-benefits-after-20-years-sections-384-e-and-384-e-bFrankfort Hill Volunteer Fire Company - Financial Activities (2020M-47)
… ensured that financial activities were properly recorded and reported and that money was safeguarded. Key Findings The bylaws … provided limited guidance on financial responsibilities and the Board did not establish any supplemental financial …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2020/06/12/frankfort-hill-volunteer-fire-company-financial-activitiesAccounts Payable Advisory No. 36
… End - Vouchers and Expense Reports Guidance: The Office of the State Comptroller (OSC) has designated the final …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/36-fiscal-year-end-vouchers-and-expense-reportsNorth Merrick Union Free School District - Purchasing (2018M-87)
… complete report - pdf] Audit Objective Determine whether the purchasing of goods and services complied with … statutes and District policies. Noteworthy Achievements The District generally complied with New York State General … required quotes and found that District officials obtained the required number of quotes. We selected 10 vendors who …
https://www.osc.ny.gov/local-government/audits/school-district/2018/08/03/north-merrick-union-free-school-district-purchasing-2018m-87Hermon-DeKalb Central School District - Claims Auditing (2019M-211)
… Determine whether claims were adequately documented, were for appropriate purposes and were properly audited and … claims paid during our audit period. We found that for the claims reviewed, procedures were followed and these claims were adequately documented, for appropriate purposes and properly audited and approved …
https://www.osc.ny.gov/local-government/audits/school-district/2019/12/27/hermon-dekalb-central-school-district-claims-auditing-2019m-211Common Attributes of Successful Emerging Managers
… Years of team’s operating experience Years of team’s prior institutional asset manager experience Tenure of the …
https://www.osc.ny.gov/common-retirement-fund/emerging-manager/common-attributes-successful-emerging-managersClinton County - Separation Payments (2018M-44)
… were accurately paid separation payments. We reviewed 30 separation payments totaling $512,693 made during the …
https://www.osc.ny.gov/local-government/audits/county/2018/06/15/clinton-county-separation-payments-2018m-44Beaver Dams Volunteer Fire Company, Inc. - Financial Activities (2018M-17)
… Treasurers did not maintain complete, accurate, and up-to-date accounting records and reports or perform monthly … The Treasurer should maintain complete, accurate and up-to-date records and reports, and perform monthly bank … and have initiated, or indicated they planned to initiate corrective action. … Beaver Dams Volunteer Fire …
https://www.osc.ny.gov/local-government/audits/fire-company-or-department/2018/06/15/beaver-dams-volunteer-fire-company-inc-financial-activitiesCarmel Central School District - Extra-Classroom Activities (2018M-45)
… Determine whether extra-classroom activity (ECA) clubs and the central treasurers properly accounted for ECA collections … tax totaling $431 was not set aside for remittance to the State. The District’s ECA policy was not comprehensive. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2018/06/08/carmel-central-school-district-extra-classroom-activities-2018m-45Town of New Hartford – Sexual Harassment Prevention Training (S9-23-11)
… Department who started after April’s scheduled session from SHP Training. Key Recommendations Ensure all employees …
https://www.osc.ny.gov/local-government/audits/town/2023/09/08/town-new-hartford-sexual-harassment-prevention-training-s9-23-11Training
… training provided at the Fall Conference. … New York State Payroll Services Training …
https://www.osc.ny.gov/state-agencies/payroll/trainingVested Retirement Benefit – Special 20- and 25-Year Plans
… but have five or more years of credited service, you will be eligible for a vested retirement benefit when you do reach retirement age. … as an active member. The date you are eligible to collect a vested retirement benefit depends on your tier. Tiers 2 and …
https://www.osc.ny.gov/retirement/publications/1517/vested-retirement-benefitVested Retirement Benefit – State Police Plan
… but have at least five years of service credit, you will be eligible for a vested retirement benefit when you do reach retirement age. … an active member. 1 The date you are eligible to collect a vested retirement benefit depends on your tier: Tier 2 — …
https://www.osc.ny.gov/retirement/publications/1518/vested-retirement-benefit