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Acceptable Time and Attendance Systems – Legacy Reporting
… system is one used by the employer to generate payroll and/or keep track of employee accruals. The system should include … System Some employees, such as salaried employees or elected or appointed officials, are not required to participate in a …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/acceptable-time-and-attendance-systemsNew York State Comptoller Thomas P. DiNapoli Statement on Standard & Poor's Upgrade of NYS General Obligation Bonds
… Standard & Poor's Ratings Services, coming on the heels of upgrades by Moody’s Investors Service and Fitch Ratings, … General Obligation bonds reflects our recent history of on-time budgets, a well-funded pension system and spending restraint. "Over the past few …
https://www.osc.ny.gov/press/releases/2014/07/new-york-state-comptoller-thomas-p-dinapoli-statement-standard-poors-upgrade-nys-general-obligationTown of Harrison - Budgeting Practices (2018M-142)
… Board underestimated revenues in its budgets by a total of $15.4 million, or an average of $3.08 million (8 percent) per year, which created … our comments on issues raised in the Town’s response letter. … Determine whether the revenue and expenditure …
https://www.osc.ny.gov/local-government/audits/town/2019/02/22/town-harrison-budgeting-practices-2018m-142Alternative and Out-of-Service Death Benefits – State Police Plan
… your date of death. “Pension reserve” is an actuarial term for the value of your retirement benefit at the time of …
https://www.osc.ny.gov/retirement/publications/1518/alternative-and-out-service-death-benefitsAlternative and Out-of-Service Death Benefits – Special 20- and 25-Year Plans
… your date of death. “Pension reserve” is an actuarial term for the value of your retirement benefit at the time of …
https://www.osc.ny.gov/retirement/publications/1517/alternative-and-out-service-death-benefitsCost-of-Living Adjustment – Regional State Park Police Plan
… Once you meet the eligibility requirements, including age and number of years retired, your … increase each year. This adjustment, subject to pension caps and limitations, is 50 percent of the previous … option at retirement that pays a lifetime benefit to your beneficiary, and the beneficiary is your spouse, he or she …
https://www.osc.ny.gov/retirement/publications/1867/cost-living-adjustmentCost-of-Living Adjustment – En-Con Police Officers Plan
… Once you meet the eligibility requirements, including age and number of years retired, your … increase each year. This adjustment, subject to pension caps and limitations, is 50 percent of the previous … selected an option that pays a lifetime benefit to your beneficiary, and the beneficiary is your spouse, he or she …
https://www.osc.ny.gov/retirement/publications/1822/cost-living-adjustmentDiNapoli: Rising Costs Hitting Homeowners & Renters Statewide
… income for a place to live, according to a report released today by State Comptroller Thomas P. DiNapoli. “Regardless of … that time, homeowners’ median household income declined 1.6 percent and renters’ median household income dropped 7.1 percent in constant dollars. Property taxes, one factor in …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-rising-costs-hitting-homeowners-renters-statewideDiNapoli: State Pension Fund Value $194.3 Billion
… early outbreak of the pandemic in the United States with a value of $194.3 billion. Globally, assets swiftly recovered … employees, retirees and their beneficiaries. The Fund's value reflects retirement and death benefits of $13.25 … expected rate of return is 6.8 percent. The Fund’s value and rate of return in prior years is available online: …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionII.4.C Cash and Basic Financial Statements – II. New York State Financial Accounting
… dates and the estimated annual amount required to maintain or preserve the asset compared with amounts actually expensed … degree to which the direct expenses of a given function or program are offset by program revenues. Direct expenses … that are clearly identifiable with a specific function or segment. Certain indirect costs have been allocated and …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4c-cash-and-basic-financial-statementsExamples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets
… Examples from GASB Statement 34 included in this bulletin, copyright … individual plans or pools are not available. … Examples from GASB Statement 34 Statement of Changes in Fiduciary Net …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assetsNational Directory of New Hires Data Security
… federal requirements for securing National Directory of New Hires data. The audit covers the period June 2, 2016 to … these programs, the Office obtains National Directory of New Hires (Directory) data provided by the Office of Child … The Directory data is composed of information on new hires, quarterly wage, and unemployment insurance. The …
https://www.osc.ny.gov/state-agencies/audits/2020/05/20/national-directory-new-hires-data-securityNYS Comptroller DiNapoli: ExxonMobil Agrees to Assess Impacts of Climate Change
… could reduce demand for its products and impact or delay its projects, it has not yet provided meaningful …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-exxonmobil-agrees-assess-impacts-climate-changeTown of Dayton - Supervisor's Records and Reports (2019M-189)
… receipts. Did not submit an annual accounting to the Board for its audit of the Supervisor’s records. Key …
https://www.osc.ny.gov/local-government/audits/town/2020/01/31/town-dayton-supervisors-records-and-reports-2019m-189Member & Retiree E-News Archive — 2025
The latest Retirement System news for NYSLRS members and retirees
https://www.osc.ny.gov/retirement/publications/member-retiree-e-news-archive-2025State Agencies Bulletin No. 1867
… agency instructions for processing the 2020 CSEA and PEF Over40 Comp Time II Cash Out. Affected Employees … the State of New York and the Public Employees Federation (PEF), employees are permitted to cash out up to 120 hours of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1867-2020-csea-and-pef-over40-comp-time-ii-cash-outState Agencies Bulletin No. 1951
… agency instructions for processing the 2021 CSEA and PEF Over40 Comp Time II Cash Out. Affected Employees … the State of New York and the Public Employees Federation (PEF), employees are permitted to cash out up to 120 hours of … additional information. Effective Dates The 2021 CSEA and PEF Over40 Comp Time II Cash Out should be processed in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1951-2021-csea-and-pef-over40-comp-time-ii-cash-outCUNY Bulletin No. CU-703
… of this bulletin is to notify CUNY agencies of the new arrears deduction codes for NYCTRS and provide instructions to enter employee arrears. Affected Employees CUNY employees enrolled in NYCTRS, Plan Type 7S, who owe NYCTRS arrears are affected. Background In October of 2020, NYCTRS …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-703-new-retirement-arrears-deduction-codes-members-new-yorkState Agencies Bulletin No. 1685
… agency instructions for processing the 2018 CSEA and PEF Over40 Comp Time II Cash Out Affected Employees Employees … the State of New York and the Public Employees Federation (PEF), employees are permitted to cash out up to 120 hours of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1685-2018-csea-and-pef-over40-comp-time-ii-cash-outTown of Davenport - Transparency (2018M-85)
… deliberate audit of claims to identify any irregularities or deficiencies in the claims submitted for payment. Town … agreed with our recommendations and have initiated or indicated they planned to initiate corrective action. …
https://www.osc.ny.gov/local-government/audits/town/2018/08/31/town-davenport-transparency-2018m-85