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Choosing a Payment Option – En-Con Police Officers Plan
… EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered …
https://www.osc.ny.gov/retirement/publications/1822/choosing-payment-optionService Retirement Benefit – En-Con Police Officers Plan
… an additional 1/60th (1.66 percent) of your FAS, up to a maximum of 15 years for Tier 1 members and seven years … 25 years of service, you will receive a benefit equal to 1/50th (2 percent) of your FAS for each year of En-Con …
https://www.osc.ny.gov/retirement/publications/1822/service-retirement-benefitFinal Average Salary – En-Con Police Officers Plan
EnCon Police Officers Plan information for PFRS Tier 1 2 3 5 and 6 members covered by Section 383b Covers pension disability and death benefits
https://www.osc.ny.gov/retirement/publications/1822/final-average-salaryIT Contingency Planning – Information Technology Contingency Planning
… In general a business continuity plan focuses on strategies for sustaining an organizations critical business …
https://www.osc.ny.gov/local-government/publications/it-contingency-planning/it-contingency-planningDiNapoli Announces Latest Fiscal Stress Scores
… scored) were designated in some level of fiscal stress, up from 14.5 percent (eight of 55 scored) designated in stress … of fiscal stress in FYE 2018. However, this is a decrease from the nearly 18 percent (10 of 56 scored) in fiscal stress … indicators, to identify potential risk areas and develop a plan to address problem areas. For a list of municipalities …
https://www.osc.ny.gov/press/releases/2019/09/dinapoli-announces-latest-fiscal-stress-scoresImplications for the Future – 2023 Financial Condition Report
… continue to believe that a recession is more likely than not. These factors include persistent inflation, the effects … Significant federal COVID-19 recovery funding helped support State spending for both pandemic needs and new … New York paid, it received $1.51 in return; however, this was still well below the $1.70 national average. The …
https://www.osc.ny.gov/reports/finance/2023-fcr/implications-futureDiNapoli: External Risks Threaten NYC Budget
… "New York City's economy is strong, but job growth and tax collections are slowing and risks beyond the city's … reserves and by the citywide savings program. Nonproperty tax collections have been slowing and are now expected to be … repeal and replacement of the Affordable Care Act (ACA), tax reform, increased infrastructure spending, cuts to …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-external-risks-threaten-nyc-budgetState Agencies Bulletin No. 1880
… and provide data entry instructions for SRA and TDA deductions to ensure compliance with IRS contribution limits. … $19,500. An additional deferment is available to employees age 50 and over. These employees can defer up to $6,500 in … to make additional contributions in 2021 under the “age 50 and over” and/or the “15-Year Rule”, the agency must …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1880-supplemental-retirement-annuity-sra-and-tax-deferred-annuity-tdaEDSS - General Help for All Transactions
… of what additional information is needed. You will need to login to EDSS, attach the required documents and resubmit the …
https://www.osc.ny.gov/state-agencies/contracts/edss-general-help-all-transactionsComptroller DiNapoli Releases School District Audits
… New York State Comptroller Thomas P. DiNapoli today announced … buyout calculations were not reviewed before payment. … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-school-district-audits-0SUNY Bulletin No. SU-173
… Units with the exception of employees in Bargaining Units 14 and 71. Agency Actions Agencies should refer to Payroll …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-173-expanded-eligibility-suny-403b-tax-sheltered-annuity-plansSt. Lawrence County – Financial Condition (2016M-173)
… managing the financing of future capital needs. Develop a plan for the repayment of RANs and for the long-term …
https://www.osc.ny.gov/local-government/audits/county/2016/06/24/st-lawrence-county-financial-condition-2016m-173Monroe County - Financial Condition (2018M-179)
… are unlikely to recur. The County relied on $65 million in revenue anticipation notes and $30.85 million in reported general … sufficient general fund balance to mitigate significant revenue shortages or unanticipated expenditures. Key …
https://www.osc.ny.gov/local-government/audits/county/2018/12/07/monroe-county-financial-condition-2018m-179Cleveland Hill Union Free School District – Financial Management (2017M-235)
… to review the District’s financial management practices for the period July 1, 2013 through July 12, 2017. Background … The Cleveland Hill Union Free School District is located in the Town of Cheektowaga in Erie County. The District, … were overfunded. Key Recommendations Develop realistic estimates of appropriations and the use of fund balance in …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/02/cleveland-hill-union-free-school-district-financial-management-2017m-235Town of Frankfort - Board Oversight (2018M-58)
… health insurance benefits averaging $183,000 annually for elected officials in 2016 and 2017. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/town/2018/06/08/town-frankfort-board-oversight-2018m-58PUC Achieve Charter School – Board Oversight (2016M-316)
… monitor the School’s financial condition and develop a plan to improve its current condition. Actively monitor the …
https://www.osc.ny.gov/local-government/audits/school-district/2017/05/05/puc-achieve-charter-school-board-oversight-2016m-316Port Jervis City School District – Financial Condition (2016M-319)
… Adopt budgets that represent the District’s actual needs and discontinue the practice of appropriating fund balance … identify a clear intent or plan regarding the purpose, use and replenishment of funds, when appropriate. … Port Jervis …
https://www.osc.ny.gov/local-government/audits/school-district/2016/11/18/port-jervis-city-school-district-financial-condition-2016m-319New Hyde Park-Garden City Park Union Free School District – Financial Management (2014M-7)
… budget to fund the retirement contributions. Develop a plan to use excess unexpended surplus funds in a way that …
https://www.osc.ny.gov/local-government/audits/school-district/2014/06/20/new-hyde-park-garden-city-park-union-free-school-district-financialTown of Worcester – Claims Audit (2022M-145)
… prior to payment. As a result, disbursements were made for unsupported and/or improper claims and not in the best … 166 claims totaling $601,662 should not have been approved for payment. For example, 131 claims totaling $597,410 were approved …
https://www.osc.ny.gov/local-government/audits/town/2023/02/10/town-worcester-claims-audit-2022m-145William Floyd Union Free School District – Check Signing and Online Banking (2022M-192)
… (Board) and District officials ensured check signings and online banking transactions were appropriate and secure. Key … six District accounts. District officials did not conduct online banking transactions in the most secure manner through … transfers in the Treasurer’s absence. Conduct online banking using a wired connection. District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2023/02/03/william-floyd-union-free-school-district-check-signing-and-online-banking