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Town of Evans – Employee Benefits (2024M-53)
… Town of Evans (Town) officials maintained leave records and paid separation and health insurance opt-out payments (opt-out payments) that … that, if implemented, will improve the Town’s employee benefits practices. Town officials agreed with our …
https://www.osc.ny.gov/local-government/audits/town/2024/09/20/town-evans-employee-benefits-2024m-53Available Options – Career Plan
… initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an actuarial term for the … you will receive your initial value amount and more in your monthly retirement benefit. However, if you die after … depending upon which option you elect, payments in the same amount you were receiving (without COLA) will be …
https://www.osc.ny.gov/retirement/publications/1642/available-optionsAvailable Options – Police and Fire Plan
… contributions will be paid to your beneficiary or your estate. If all of your accumulated annuity savings … of the initial value will be paid to your beneficiary or estate in a lump sum. "Initial value" is an actuarial term …
https://www.osc.ny.gov/retirement/publications/1512/available-optionsAvailable Options – New Career Plan
… initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an actuarial term for the … you will receive your initial value amount and more in your monthly retirement benefit. However, if you die after … depending upon which option you elect, payments in the same amount you were receiving (without COLA) will be …
https://www.osc.ny.gov/retirement/publications/1515/available-optionsAvailable Options – Basic Plan with Increased-Take-Home-Pay (ITHP)
… contributions will be paid to your beneficiary or your estate. If all of your accumulated annuity savings … of the initial value will be paid to your beneficiary or estate in a lump sum. “Initial value” is an actuarial term …
https://www.osc.ny.gov/retirement/publications/1511/available-optionsOil Spill Fund
… New York Environmental Protection and Spill Compensation Fund The Oil Spill Fund protects our air, soil and water supplies from toxic petroleum spills. Although the … you may file a damage claim form with the Fund for your financial loss. How to Make a Claim Fill out the …
https://www.osc.ny.gov/about/oil-spill-fundPawling Central School District - Budgeting Practices and Reserves (2020M-4)
… the Board adopted budgets with reasonable estimates and reserves were used for their intended purposes. Key … the District’s six reserves, two were not used as intended and appear to be overfunded. Key Recommendations Adopt … use of excess unrestricted fund balance in a manner that benefits District taxpayers. Ensure that reserves are used as …
https://www.osc.ny.gov/local-government/audits/school-district/2020/04/17/pawling-central-school-district-budgeting-practices-and-reserves-2020m-4Additional Benefits Under the 20-Year Plan – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
… Special Plan ERS Tier 36 Article 14B Sec 551 552 553 Addl Benefits Under the 20Year Plan Section 553 …
https://www.osc.ny.gov/retirement/publications/1841/additional-benefits-under-20-year-planAdditional Benefits Under the 25-Year Plan – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 3, 4, 5 and 6 Members
… Special Plan ERS Tier 36 Article 14B Sec 551 552 553 Addl Benefits Under the 25Year Plan Section 551e …
https://www.osc.ny.gov/retirement/publications/1841/additional-benefits-under-25-year-planAdditional Benefits Under the 20-Year Plan – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 1 and 2 Members
… Plan for ERS Tier 1 2 Article 14B Sec 551 552 553 Addl Benefits Under the 20Year Plan Section 553 …
https://www.osc.ny.gov/retirement/publications/1840/additional-benefits-under-20-year-planAdditional Benefits Under the 25-Year Plan – Sheriffs, Undersheriffs and Deputy Sheriffs Special Plan for ERS Tier 1 and 2 Members
Sheriffs Undersheriffs Deputy Sheriffs Special Plan for ERS Tier 1 2 Article 14B Sec 551 552 553 Addl Benefits Under the 25Year Plan Sec 551e
https://www.osc.ny.gov/retirement/publications/1840/additional-benefits-under-25-year-planOpinion 2003-5
… AND EMPLOYEES -- Death Benefits (line-of-duty presumption for paid firefighter) GENERAL MUNICIPAL LAW §208-b; … in Retirement and Social Security Law §363-d does not apply to death benefits provided pursuant to General Municipal Law …
https://www.osc.ny.gov/legal-opinions/opinion-2003-5Comptroller DiNapoli and A.G. Schneiderman Announce Felony Conviction of Woman Who Stole over $290,000 in Deceased Mother's Benefits from the Buffalo Firemen's Pension Fund
… New York State Comptroller Thomas P. DiNapoli and Attorney General Eric T. Schneiderman announced today the … in Erie County Court. She admitted that she had stolen benefits from the city of Buffalo Firemen's Pension Fund that … State Comptroller Thomas P. DiNapoli. "I thank my auditors and investigators for uncovering this brazen scam against the …
https://www.osc.ny.gov/press/releases/2017/04/comptroller-dinapoli-and-ag-schneiderman-announce-felony-conviction-woman-who-stole-over-290000Making Adjustments to Earnings and Days Worked – Legacy Reporting
… sample adjustment report file ). Do not send payments with your adjustment reports. You will be charged or credited … or just a few records. Adjusting to Zero Days Worked and Contribution Overpayments If you need to make an … a paper Adjustment Report (RS2050) . Also, if you reported and paid more in member contributions than an employee owes, …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/making-adjustmentsDays Worked – Enhanced Reporting
… Understanding how to establish and calculate the days worked for your employees is a crucial part of employer reporting …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/days-workedEmblemHealth Plan, Inc.: Overpayments for Services Requiring Coordination of Benefits
To determine whether EmblemHealth Plan, Inc. overpaid dental claims for members covered by two subscriber plans under the New York State Dental Insurance Program.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-22s27.pdfAnthem Blue Cross – Coordination of Benefits with Medicare (2023-S-30)
To determine whether Anthem Blue Cross coordinated benefits to properly pay claims for NYSHIP Empire Plan members with Medicare coverage.
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-23s30.pdfDiNapoli: State’s Paid Family Leave Program Helping Millions of New Yorkers
… Paid Family Leave (PFL) program rose steadily between 2018 and 2021 as the amount of allowable time off and weekly cash benefits increased. Almost eight million workers were covered …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-states-paid-family-leave-program-helping-millions-new-yorkersEconomic and Demographic Trends – 2021 Financial Condition Report
… Product (GDP) is the value of production originating from all industries in the state, as defined by the U.S. … share of the State’s GDP in 2020 at 30.4 percent, up from 29.1 percent in 2019. The second and third top … Population Has Grown, But More Slowly Than the Nation’s From 2010 to 2020, the State’s population increased by 4.2 …
https://www.osc.ny.gov/reports/finance/2021-fcr/economic-and-demographic-trendsGet Credit for All Your Public Service
Previous public employment or military service might qualify NYSLRS members for additional service credit
https://www.osc.ny.gov/retirement/members/get-credit-all-your-public-service