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Opinion 92-1
… retained percentages when proper securities of sufficient market value are submitted. (2) In addition to the securities … (5) Municipal officials should periodically monitor the market value of the deposited securities to make sure that the market value at all times is substantially equal to the …
https://www.osc.ny.gov/legal-opinions/opinion-92-1State Agencies Bulletin No. 962
… Status of “Contributing” and an Election Option Code of “SEO” (Standard Election Option), which will automatically … record as follows: Open the Retirement Plans page. (Path: Home>Compensate Employees>Administer Base … “Contributing” in the *Contribution Status: field. Enter “SEO” in the Option Code field under “Election Options.” Tab …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/962-new-tier-5-benefit-structure-new-york-state-police-and-fire-retirementState Agencies Bulletin No. 961
… with procedures to populate retirement records in PayServ for employees who enroll in TRS. Affected Employees Employees … are not limited to: Employee contributions of 3.5% of pay for all years of service Ten year credited service vesting … are paid at a rate greater than their standard rate for additional hours worked beyond those required.” A review …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/961-new-tier-5-benefit-structure-new-york-state-teachers-retirement-systemState Agencies Bulletin No. 960
… Purpose To provide agencies with procedures to populate retirement records in PayServ for employees who …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/960-new-tier-5-benefit-structure-new-york-state-employees-retirement-systemState Agencies Bulletin No. 1656
… information on the Additional Pay page using Earnings Code PFR : Earnings Code: PFR Effective Date: 04/01/18 OT Eff Date: 04/01/18 Annual … date the employee was in a position eligible to receive PFR prior to 03/31/19 Goal Balance: Leave blank Overtime …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1656-2017-2018-public-employees-federation-pef-pilot-firearms-training-andOpinion 88-17
… issues discussed in the opinion. ZONING AND PLANNING -- Park Lands (whether municipality may compel subdivider to dedicate park land) GENERAL CITY LAW, §§33,34; TOWN LAW, §§277(1), … approval of a subdivision plat, to compel dedication of park land in the subdivision without compensation. 34 Opns St …
https://www.osc.ny.gov/legal-opinions/opinion-88-17Employer Graded Rate Contribution Calculation
… – Provides employers with a tailored graded contribution rate when amortizing a portion of their contributions to the … … Provides employers with a tailored graded contribution rate when amortizing a portion of their contributions to the …
https://www.osc.ny.gov/legislation/employer-graded-rate-contribution-calculationTown of Seneca Falls - Procurement (2018M-143)
… if goods and services were procured in accordance with the Town’s procurement policy and applicable statutes. … quotes or verbal quotes. Town officials generally agreed with our recommendations and indicated they planned to … if goods and services were procured in accordance with the Towns procurement policy and applicable statutes …
https://www.osc.ny.gov/local-government/audits/town/2019/09/13/town-seneca-falls-procurement-2018m-143Plattsburgh City School District - Procurement (2019M-198)
… procured goods and services in accordance with Board policies and applicable statutory requirements. Key Findings The Board-adopted purchasing policies were not updated and deficient. All 10 purchase and public works …
https://www.osc.ny.gov/local-government/audits/school-district/2019/12/06/plattsburgh-city-school-district-procurement-2019m-198Town of Cicero - Procurement (2020M-8)
… officials: Complied with competitive bidding requirements for 15 of 18 tested purchase and public works contracts … million. However, they did not competitively bid contracts for paving services and brush collection totaling $471,700. Did not seek competition for 10 professional services totaling $1.1 million. Did not …
https://www.osc.ny.gov/local-government/audits/town/2020/03/13/town-cicero-procurement-2020m-8Brewster Central School District - Professional Services (2019M-235)
… the District procured professional services in accordance with Board policies and applicable statutory requirements. … The Board should: Ensure that officials comply with the purchasing policy when procuring professional … for proposals (RFPs). District officials generally agreed with our recommendations and indicated they planned to …
https://www.osc.ny.gov/local-government/audits/school-district/2020/03/13/brewster-central-school-district-professional-services-2019m-235Pawling Central School District - Budgeting Practices and Reserves (2020M-4)
… Objective Determine whether the Board adopted budgets with reasonable estimates and reserves were used for their … appear to be overfunded. Key Recommendations Adopt budgets with realistic estimates and discontinue the practice of … as intended. … Determine whether the Board adopted budgets with reasonable estimates and reserves were used for their …
https://www.osc.ny.gov/local-government/audits/school-district/2020/04/17/pawling-central-school-district-budgeting-practices-and-reserves-2020m-4Town of Mooers - Procurement (2020M-55)
… Town officials procured goods and services in accordance with Board policy and applicable statutory requirements. Key … contract totaling $61,766 was not procured in accordance with statutory requirements. Of the 15 purchase and public … percent) totaling $105,010 were not procured in accordance with the procurement policy. Key Recommendations Procure …
https://www.osc.ny.gov/local-government/audits/town/2020/06/05/town-mooers-procurement-2020m-55Town of Rushford - Procurement (2020M-43)
… whether goods and services were procured in accordance with the Town’s procurement policy and applicable statutes. … of professional services. Town officials agreed with our findings and indicated they plan to initiate … whether goods and services were procured in accordance with the Towns procurement policy and applicable statutes …
https://www.osc.ny.gov/local-government/audits/town/2020/06/12/town-rushford-procurement-2020m-43State Agencies Bulletin No. 254
… Purpose To provide agencies with instructions for updating dues and agency shop when VRWS … to the Payroll Deductions mailbox. … To provide agencies with instructions for updating dues and agency shop when VRWS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/254-csea-union-dues-code-201-and-agency-shop-fee-code-212-employeesCUNY Bulletin No. CU-748
CUNY employees with health insurance coverage through the City of New York Employee Benefits Program are affected
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-748-city-new-york-health-benefit-rate-changesNYS Common Retirement Fund Contacts
… McClearn, Emerging Manager Program [email protected] Frank McEvoy, In-State Private Equity Investment Program …
https://www.osc.ny.gov/common-retirement-fund/resources/nys-common-retirement-fund-contactsFiscal Stress Monitoring System
… State Comptroller Thomas P. DiNapoli created an early warning … for a local government or school district. Search Now … State Comptroller Thomas P DiNapoli created an early warning …
https://www.osc.ny.gov/local-government/fiscal-monitoringMonthly Transaction Report - April 2024
The New York State Common Retirement Fund invests with external managers to meet its public equity allocation.
https://www.osc.ny.gov/files/common-retirement-fund/resources/pdf/april-2024.pdfOSC Complaint Form for Reporting Sexual Harassment
Reports of sexual harassment may be made by filing a complaint internally with the Division of Diversity Management.
https://www.osc.ny.gov/files/employment/docs/sexual-harassment-complaint-form.docx