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Becoming Eligible for a Benefit – Non-Contributory Plan with Guaranteed Benefits

… Once you have accrued five years of credited service, you will be vested. This means you have … collect a vested retirement benefit at age 63. The amount of your vested benefit is based on your service, age at …

https://www.osc.ny.gov/retirement/publications/1513/becoming-eligible-benefit

Leaves of Absence – Basic Plan with Increased-Take-Home-Pay (ITHP)

… Tier 1 members receive full credit for sick leave at half pay; Tier 2, 3, 5 and 6 members receive half credit for sick leave at half pay. Since service is usually not credited for any period of time you do not receive a salary, credit is not given for: …

https://www.osc.ny.gov/retirement/publications/1511/leaves-absence

Leaves of Absence – Career Plan

… Tier 1 members receive full credit for sick leave at half pay; Tier 2, 3, 5 and 6 members receive half credit for sick leave at half pay. Since service is usually not credited for any period of time you do not receive a salary, credit is not given for: …

https://www.osc.ny.gov/retirement/publications/1642/leaves-absence

Becoming Eligible for a Benefit – Career Plan

… be vested. This means you have earned the right to receive a retirement benefit, even if you leave public employment. 1 … — you do not have to fill out any paperwork or file an application to become vested. However, you will need to file an application to begin receiving your vested benefit.   1 …

https://www.osc.ny.gov/retirement/publications/1642/becoming-eligible-benefit

Leaves of Absence – New Career Plan

… Tier 1 members receive full credit for sick leave at half pay; Tier 2, 3, 5 and 6 members receive half credit for sick leave at half pay. Since service is usually not credited for any period of time you do not receive a salary, credit is not given for: …

https://www.osc.ny.gov/retirement/publications/1515/leaves-absence

Becoming Eligible for a Benefit – New Career Plan

… be vested. This means you have earned the right to receive a retirement benefit, even if you leave public employment. 1 … — you do not have to fill out any paperwork or file an application to become vested. However, you will need to file an application to begin receiving your vested benefit.   1 …

https://www.osc.ny.gov/retirement/publications/1515/becoming-eligible-benefit

Data Sources – 2023 Financial Condition Report

… City University of New York College Board Federal Reserve Bank of New York … NYS Department of Taxation and Finance NYS Department of Transportation NYS Division of Criminal Justice Services NYS … State University of New York U.S. Commerce Department – Bureau of the Census and Bureau of Economic Analysis U.S. …

https://www.osc.ny.gov/reports/finance/2023-fcr/data-sources

Truxton Academy Charter School – Tuition Billing and Collections (2025M-8)

… [read complete report – pdf] Audit Objective  Determine whether Truxton … school districts of residence (resident districts) $84,689 for State aid attributable to students receiving special … New York State Education Department (NYSED) guidance for calculating State aid, did not always maintain necessary …

https://www.osc.ny.gov/local-government/audits/charter-school/2025/06/06/truxton-academy-charter-school-tuition-billing-and-collections-2025m-8

Contract Advisory No. 27

… to pay vendors electronically (ACH). Therefore, payments being made against purchases from these centralized contracts …

https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/27-electronic-payments-ach-agency-specific-contracts

Broadalbin-Perth Central School District – Cash Management (2020M-65)

… officials did not develop and manage a comprehensive investment program. As a result, officials did not maximize … did not formally solicit interest rate quotes or prepare cash flow forecasts to estimate the amount of funds available … Periodically solicit interest rate quotes from multiple financial institutions. Ensure available funds are invested …

https://www.osc.ny.gov/local-government/audits/school-district/2020/10/09/broadalbin-perth-central-school-district-cash-management-2020m-65

I.4 Supplemental Information – I. OSC Guide to Financial Operations Overview

… The following supplemental information is available to … on statewide accounting procedures and policies: Division of the Budget (DOB) Policies Statewide Vendor File Guide to …

https://www.osc.ny.gov/state-agencies/gfo/chapter-i/i4-supplemental-information

Travel Advisory No. 8

… (GSA) issued updated meal and incidental expenses (M&IE) per diem rates for the period October 1, 2024 through September …

https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/8-gfo-updates-meals-and-incidental-expenses-breakdown

Selkirk Fire District – Procurement of Professional Services (2021M-55)

… not provide documentation that they used other methods to assess the accountability, reliability, responsibility, … and have initiated or indicated they planned to initiate corrective action. … Determine whether Selkirk …

https://www.osc.ny.gov/local-government/audits/fire-district/2021/07/09/selkirk-fire-district-procurement-professional-services-2021m-55

Procurement of Electricity and Natural Gas Through Aggregators (2018-MS-5)

… Central School District) spent approximately $391,000 (51 percent) more for natural gas than a potential benchmark …

https://www.osc.ny.gov/local-government/audits/city/2019/02/01/procurement-electricity-and-natural-gas-through-aggregators-2018-ms-5

Scotia-Glenville Central School District - Financial Condition Management and Extra-Classroom Activities (2017M-288)

… or other known trends and use appropriated fund balance to fund operations. Use surplus funds as a financing source to fund one-time expenditures and needed reserves or to reduce District property taxes. Ensure that student …

https://www.osc.ny.gov/local-government/audits/school-district/2018/06/01/scotia-glenville-central-school-district-financial-condition-management

Becoming Eligible for a Benefit – En-Con Police Officers Plan

… public employment. 1 Tier 1, 2, 3 and 5 members who are off public payroll may collect a  vested retirement benefit  at age 55. Tier 6 members who are off public payroll may collect a vested retirement benefit at …

https://www.osc.ny.gov/retirement/publications/1822/becoming-eligible-benefit

Duanesburg Central School District – Information Technology (2021M-40)

… technology (IT) systems were adequately secured to protect against unauthorized use, access and/or loss. Key Findings District officials did not ensure IT systems were adequately secured and protected … officials generally agreed with our recommendations and have initiated, or indicated they planned to initiate …

https://www.osc.ny.gov/local-government/audits/school-district/2021/11/19/duanesburg-central-school-district-information-technology-2021m-40

Otsego Northern Catskills Board of Cooperative Educational Services – Fixed Assets (2021M-88)

… did not properly monitor and account for 66 percent of the 76 fixed assets we examined, including security cameras, … Eight assets totaling more than $12,000 were not added to the inventory list. Three assets totaling more than $6,000 … $18,600 were found at different locations than shown on the inventory list. Key Recommendations Ensure that accurate …

https://www.osc.ny.gov/local-government/audits/boces/2021/07/30/otsego-northern-catskills-board-cooperative-educational-services-fixed-assets-2021m

Member Outreach and Presentations

… within 5 years of retirement to learn about: Their NYSLRS pension and how their pension benefit will be calculated; Preparing to retire and using Retirement Online , which is the fastest and most …

https://www.osc.ny.gov/retirement/members/member-outreach-presentations

Required Reporting

… Annual Financial Report (AFR) Chart of Accounts Lookup Information on AFR Non-Filers AFR Filing Status …

https://www.osc.ny.gov/local-government/required-reporting