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Comptroller DiNapoli & A.G. Schneiderman Announce Arrest of Brooklyn Man for Allegedly Pocketing over $23K in Deceased Mother's Pension Benefits
… the Third Degree, a class D felony. Jimmie Buie is alleged to have stolen over $23,000 in pension benefits issued by the New York State and Local Employees Retirement System to his deceased mother, Sandra Buie, between May 2011 and …
https://www.osc.ny.gov/press/releases/2017/03/comptroller-dinapoli-ag-schneiderman-announce-arrest-brooklyn-man-allegedly-pocketing-over-23kDiNapoli: 529 College Savings Program Lowers Fees
… fees in New York's 529 College Savings Program Direct Plan will be reduced once again, State Comptroller Thomas P. … fees in New Yorks 529 College Savings Program Direct Plan will be reduced once again State Comptroller Thomas P …
https://www.osc.ny.gov/press/releases/2018/09/dinapoli-529-college-savings-program-lowers-feesState Agencies Bulletin No. 2338
… inform agencies of OSC’s automatic processing of the April 2025 Agency Police Services Unit (APSU) Salary Increase and … a salary increase of three percent (3.00%) for fiscal year 2025-2026 and includes the April 1, 2025 Salary Schedule . Effective Dates: Pay Cycle/Pay Period …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2338-april-2025-agency-police-services-unit-apsu-3-salary-increaseInvesting in New York
The New York State Common Retirement Fund has a positive impact on the State’s economy.
https://www.osc.ny.gov/files/common-retirement-fund/investing-in-new-york/pdf/investing-in-nys.pdfSuspicious and Fraudulent Medicaid Payments to Affiliated Brooklyn Dentists (Follow-Up)
… special health care needs. Our initial audit identified a dentist, Lawrence Bruckner, whose Medicaid billing pattern … that were purportedly provided by another affiliated dentist. In addition, the dentists paid staff to recruit …
https://www.osc.ny.gov/state-agencies/audits/2015/12/30/suspicious-and-fraudulent-medicaid-payments-affiliated-brooklyn-dentists-followState Agencies Bulletin No. 2037
… using an overpayment earnings code or an AC-230. In this case, the negative retroactive adjustment may be re-generated …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2037-april-2020-2021-and-2022-retroactive-increases-location-pay-andIX.12.O Refunds – IX. Federal Grants
… Interest will be calculated on the federal percentage of all refund transactions executed by the State where such … are $50,000 (gross value) or more. The federal share of refunds is determined based on refund transactions … the state’s interest liability and pursuant to Section 121 of the State Finance Law, agencies are directed to return all …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix12o-refundsJune 2002: Advance Refunding Bonds
… advance" of the actual redemption and placed in an escrow account pending the call date or maturity date of the old … the proceeds of the new bonds are placed in an escrow account (in a bank or trust company located and licensed to … interest rate of x.x percent were issued to advance refund $ xx.x million of outstanding bonds with an average …
https://www.osc.ny.gov/local-government/publications/june-2002-advance-refunding-bondsCOVID-19 Pandemic Drove Record Medicaid Enrollment in 2021
… to remain above 7 million at least through March 2022, but decline by nearly 17% by March 2023 and return to … enhanced FMAP rates, currently set to expire in March 2022, until the pandemic’s health care or economic impacts …
https://www.osc.ny.gov/press/releases/2021/12/covid-19-pandemic-drove-record-medicaid-enrollment-2021State Agencies Bulletin No. 1309
… the April 2014 CSEA LLS payment and provide instructions for payments not processed automatically. Affected Employees … between the State of New York and the CSEA, provides for payment of the 2014-2015 Longevity Payment effective … (Administration Pay Period 1L). There is no direct deposit for this payment. Eligibility Criteria Employees in graded …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1309-april-2014-civil-service-employees-association-csea-longevity-lump-sumDiNapoli Releases Review of Executive Budget
… next five years, the direction of the pandemic, inflation, and supply chain issues all remain risks to the state’s economic recovery and financial plan, according to a review by New York State … on the years ahead when temporary federal funding will end and build up the state’s reserves, so we are better prepared …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-releases-review-executive-budgetDiNapoli: Rising Costs Hitting Homeowners & Renters Statewide
… U.S. Census Bureau data. The federal government describes affordable housing costs as being below 30 percent of … to the increasing challenge New Yorkers face in finding affordable housing. Senator Catharine Young (R,C,I - Olean): … trend of declining household incomes. People want and need affordable housing, and by reducing the suffocating property …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-rising-costs-hitting-homeowners-renters-statewideRecovering Managed Care Overpayments for Pharmacy Services on Behalf of Recipients With Third-Party Health Insurance (Follow-Up)
… of implementation of the six recommendations included in our initial audit report, Medicaid Program: Recovering … (MCOs) a monthly premium for each enrolled recipient and, in turn, MCOs are required to pay for the Medicaid services … Many recipients have other third-party health insurance in addition to Medicaid (e.g., employer-based coverage or …
https://www.osc.ny.gov/state-agencies/audits/2024/01/31/recovering-managed-care-overpayments-pharmacy-services-behalf-recipients-third-party-healthState Agencies Bulletin No. 2014
… inform agencies of OSC’s automatic processing of the April 2022 Security Performance Advances and provide instructions … the Security Supervisors Unit. Effective Dates The April 2022 Security Performance Advances will be paid using the … Effective Date Check Date Administration 1 Lag 03/31/2022 04/27/2022 Institution 1 Lag 04/07/2022 05/05/2022 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2014-april-2022-security-performance-advancesWhat is a Defined Benefit Plan?
… by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … However, the biggest contributor to your pension plan is the New York State Common Retirement Fund . Over the past … may pay a set amount; or they may “match” all or part of what an employee contributes. Investments Contributions from …
https://www.osc.ny.gov/retirement/members/defined-benefit-planCUNY Bulletin No. CU-345
… to any Benefits or Deduction Codes Federal Taxes withheld at 30% unless Tax Treaty entered on Employee Tax Data. Plan … alien independent contractor will be issued a Form 1042-S at the end of the calendar year. If the independent … the agency must obtain a properly completed Form 8233 at the time of appointment. The original Form 8233 must be …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-345-payment-nonresident-alien-independent-contractors-providingTier 1 Death Benefits – Basic Plan with Increased-Take-Home-Pay (ITHP)
… Ordinary Death Benefit This benefit is equal to 1/12th (8.33 percent) of your last year’s earnings, …
https://www.osc.ny.gov/retirement/publications/1511/tier-1-death-benefitsViewing Your GASB Report – Governmental Accounting Standards Board
… to comply with Statement No. 68 . Sign in to Retirement Online. From Account Homepage, click Access Billing Dashboard … No 68 employers can view their GASB report in Retirement Online …
https://www.osc.ny.gov/retirement/employers/gasb/viewing-your-gasb-reportSUNY Bulletin No. SU-126
… Purpose To explain OSC’s automatic processing and agency procedures. … raise processing for 21P and CAL employees, please refer to Payroll Bulletin No. SU-125 for the 3% Salary Increase. … 21Ps and CALs Pay Basis Code Changes If an employee elects to change their obligation ( 21P to CAL or CAL to 21P ), the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-126-restoration-contract-pay-and-additional-pay-suny-21pState Agencies Bulletin No. 2428
… is to inform agencies of OSC’s automatic processing of the April 2026 PEF Performance Advances and provide instructions … Education Law Section 355-a (13). Effective Date(s): The April 2026 PEF Performance Advances will be paid using the … Salary Schedule (currently in effect) are eligible for the April 2026 PEF Performance Advance provided the employee: Is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2428-april-2026-public-employees-federation-pef-performance-advances