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Automated Phone Service
… to enter the last four digits of your Social Security number and your date of birth. We need this information to … be asked for the last four digits of your Social Security number and your date of birth so that we can locate your … a customer service representative. Visit our Update Your Contact Information page to find out how to update your …
https://www.osc.ny.gov/retirement/retirees/automated-phone-serviceDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… and the assumed rate of return for NYSLRS will be lowered from 7.5 percent to 7 percent. The average contribution rate … "For the third year in a row, there will be a decline in pension contribution rates as a result of solid investment … is fiscally prudent and will better position the state pension fund for the future. This strategic decision is …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnTown of Lewis – Highway Purchases (2014M-103)
… for the period of January 1, 2012 through November 30, 2013. Background The Town of Lewis is located in Lewis … for the period of January 1 2012 through November 30 2013 …
https://www.osc.ny.gov/local-government/audits/town/2014/06/06/town-lewis-highway-purchases-2014m-103SUNY Bulletin No. SU-196
… eligible for the $500 lump sum payment. New Earnings Code OSC has created a new Time Entry Earnings Code to include the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-196-500-service-award-part-time-psnu-employees-representedTown of Franklin – Financial Condition (2018M-8)
… Purpose of Audit The purpose of our audit was to determine whether the Town Board … 1, 2016 through December 31, 2017. Background The Town of Franklin is located in Delaware County and has a … a timely AUD each year, file it with OSC and provide a copy to the Clerk and Board members. The Board should …
https://www.osc.ny.gov/local-government/audits/town/2018/03/23/town-franklin-financial-condition-2018m-8Selected Aspects of the All-Agency Contractor Evaluation System at Long Island Rail Road, Metro-North Railroad, New York City Transit, and Triborough Bridge and Tunnel Authority
… Objectives To determine whether the Metropolitan Transportation Authority (MTA) is monitoring and evaluating its contractors/consultants …
https://www.osc.ny.gov/state-agencies/audits/2022/11/16/selected-aspects-all-agency-contractor-evaluation-system-long-island-rail-road-metro-northLow-Income Housing Trust Fund Program (Follow-Up)
… in our initial audit report, Low-Income Housing Trust Fund Program (Report 2013-S-32 ). About the Program Our … April 1, 2008 through December 11, 2013. Established as a public benefit corporation in 1985 under Section 45-a of …
https://www.osc.ny.gov/state-agencies/audits/2020/04/02/low-income-housing-trust-fund-program-followComptroller DiNapoli and A.G. Schneiderman Announce Charges Against New Jersey Woman in Alleged Theft of Over $162,000 in New York State Pension Benefits
… of Englewood, N.J., with grand larceny in the second degree, a class C felony, in Albany County Court. Miller is … resident of Englewood NJ with grand larceny in the second degree a class C felony in Albany County Court …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-ag-schneiderman-announce-charges-against-new-jersey-woman-alleged-theft-overIX.10.B Federal Treasury Offset Program (TOP) Background – IX. Federal Grants
… centralized process called the “Treasury Offset Program” (TOP) that matches federal payments to New York State against … is used to draw down federal grant award funds. When a TOP match occurs, the payment is “offset” against the state’s … of Taxation and Finance’s Treasury staff. Monthly (by the 10 th ) OSC will email each debtor agency and each agency …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ix/ix10b-federal-treasury-offset-program-top-backgroundNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… should be treated as an allegation. unsealed today in White Plains federal court: VATTER served in the Newburgh Fire … Office. This prosecution is being handled by the Office's White Plains Division. Assistant U.S. Attorney James McMahon …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsAbout Statement No. 67 – Governmental Accounting Standards Board
… The Governmental Accounting Standards Board (GASB) Statement No. 67, Financial Reporting for Pension Plans : … information disclosures. Has no impact on NYSLRS’ Statement of Plan Net Position or Statement of Changes in …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-67DiNapoli Releases Recommendations From Decarbonization Advisory Panel
… examines the financial impacts of climate change on the New York State Common Retirement Fund (Fund) and recommends ways … He serves on the steering committee of the Athens Stock Exchange and as the chairman of Greece's Corporate …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-releases-recommendations-decarbonization-advisory-panelDiNapoli: State Agency Overtime Pay Rose to a Record $716 Million Last Year
… the Department of Corrections and Community Supervision (DOCCS) and the Office of Mental Health (OMH). Together, the …
https://www.osc.ny.gov/press/releases/2016/02/dinapoli-state-agency-overtime-pay-rose-record-716-million-last-yearVillage of Waterford – Board Oversight (2022M-70)
… - pdf] Audit Objective Determine whether the Village of Waterford (Village) Board (Board) provided adequate oversight of financial operations. Key Findings The Board did not … our comment on issues raised in the Village’s response letter. … Determine whether the Village of Waterford Village …
https://www.osc.ny.gov/local-government/audits/village/2022/07/29/village-waterford-board-oversight-2022m-70Town of Alfred – Incompatible Duties (2021M-99)
… and have initiated or indicated they planned to initiate corrective action. Appendix B includes our …
https://www.osc.ny.gov/local-government/audits/town/2021/11/19/town-alfred-incompatible-duties-2021m-99DiNapoli Releases July State Cash Report
… reflecting lower Personal Income Tax (PIT) collections from April and May. Still, the state is in a relatively good … financial position after collecting more than $3 billion from financial settlements since the state budget was … first four months declined 2 percent, or $479.5 million, from a year earlier primarily because of PIT collections in …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-releases-july-state-cash-reportJamesport Fire District - Length of Service Award Program (2019M-05)
Determine if District officials properly administer the length of service award program (LOSAP).
https://www.osc.ny.gov/files/local-government/audits/pdf/jamesport-05.pdfEarnings Limits
… Earnings Period Earnings Limit April 1, 2024 – March 31, 2025 $345,000 April 1, 2023 – March 31, 2024 $330,000 April … Earnings Period Earnings Limit April 1, 2024 – March 31, 2025 $250,000 April 1, 2023 – March 31, 2024 $250,000 April …
https://www.osc.ny.gov/retirement/members/earnings-limitsREACH Academy Charter School - Cash Disbursements (2019M-130)
… in good condition and provide for an adequate segregation of these duties. Consider ending the use of debit cards. School officials generally agreed with our … our comment on an issue raised in the School’s response letter. … Determine if cash disbursements were properly …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/09/13/reach-academy-charter-school-cash-disbursements-2019m-130VII.3.C AP Adjustment Voucher Document Review – VII. State Revenues and Appropriated Loan Receivables
… OSC Review After Treasury notifies OSC Bureau of State Accounting Operations (BSAO) – Budgets and Spending … is the agency’s responsibility to prepare and submit any new transactions and required documentation as soon as they …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii3c-ap-adjustment-voucher-document-review