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Retiring with an Outstanding Loan – Special 20- and 25-Year Plans
… you retire with an outstanding loan, the annuity portion of your retirement benefit will be permanently reduced . You cannot pay off your loan once you retire. The amount of your annuity reduction will be based on your age, your … pay off your loan once you retire. The amount of your pension reduction will be based on your age, your loan …
https://www.osc.ny.gov/retirement/publications/1517/retiring-outstanding-loanVillage of Red Hook - Procurement and Claims Auditing (2019M-100)
… policy. Village officials disagreed with certain aspects of our findings and recommendations, but indicated they planned to implement some of our recommendations. Appendix B includes our comments on issues raised in the Village’s response letter. … Determine whether Village officials procured goods …
https://www.osc.ny.gov/local-government/audits/village/2019/10/11/village-red-hook-procurement-and-claims-auditing-2019m-100Annual letter to Court Funds
The Office of Unclaimed Funds (OUF) reminds you to check for monies held by your company that may be considered abandoned property
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-courts-letter.pdfAnnual letter to Utility Companies
The Office of Unclaimed Funds reminds you to check for monies held by your insurance company that may be considered abandoned property
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-utility-letter.pdfAnnual letter to Insurance Companies
The Office of Unclaimed Funds reminds you to check for monies held by your insurance company that may be considered abandoned property.
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-insurance-letter.pdfAnnual Letter to Banking Organizations
The Office of Unclaimed Funds reminds you to check for monies held by your banking institution that may be considered abandoned property.
https://www.osc.ny.gov/files/unclaimed-funds/reporters/pdf/annual-bank-letter.pdfJanuary 2001: Accounting & Reporting of Expendable and Non-expendable Trusts
… principal may be spent. Currently, in the Uniform System of Accounts (USA), these trusts are accounted for and … trusts. The statement eliminates the designation of expendable and nonexpendable trust funds and creates new … or other governments (for example, to fund an annual award or scholarship), will be reported as private purpose …
https://www.osc.ny.gov/local-government/publications/january-2001-accounting-reporting-expendable-and-non-expendable-trustsPart 155 State Administered Defined Contribution Service Award Programs Volunteer Firefighters
part 155 State Administered defined benefit service award programs for volunteer firefighters
https://www.osc.ny.gov/files/local-government/resources/pdf/part155.pdfDiNapoli: State Pension Fund Adds $350 Million to Investment Funds Geared to New York Companies
… Program, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. “The In-State Program has helped hundreds of New York businesses add and retain thousands of jobs and … system members and their beneficiaries that rely on the pension fund for their retirement security,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-state-pension-fund-adds-350-million-investment-funds-geared-new-york-companiesState Agencies Bulletin No. 1763
… Purpose The purpose of this bulletin is to provide agencies information regarding the outreach and escheatment of uncashed payroll checks for calendar year 2018. Affected … with Abandoned Property Law §1422, an initial outreach letter has been sent to all employees with a 2018 uncashed …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1763-outreach-escheatment-2018-uncashed-payroll-checksSherrill City School District - Future Farmers of America Extra-Classroom Activity Fund (2019M-251)
… adequate internal controls to ensure Future Farmers of America (FFA) extra-classroom activity (ECA) cash receipts … properly accounted for. Key Findings District officials need to improve internal controls over FFA cash receipts and … found: District officials did not perform an annual audit of FFA records during our audit period. Collections did not …
https://www.osc.ny.gov/local-government/audits/school-district/2020/03/13/sherrill-city-school-district-future-farmers-america-extra-classroomState Agencies Bulletin No. 1680
… tax year 2018, employees with NYSPO access can opt out of receiving a paper Form W-2 statement Affected Employees … be informed of any procedure changes for obtaining a paper copy of his or her Form W-2 statement and whether or not the … or contacting their Agency Payroll Officer for a paper copy of their Form W-2 statement. An active employee being …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1680-new-york-state-payroll-online-nyspo-electronic-delivery-form-w-2ADM No-Deforestation Agreement Letter
ADM agreement letter on their No-Deforestation Policy
https://www.osc.ny.gov/files/press/pdf/adm-no-deforestation_letter.pdfNYS Common Retirement Fund Reports Third Quarter Results
… Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2018-19 was -7.17 percent for … period ending Dec. 31, 2018, with an estimated value of $197.3 billion, according to New York State Comptroller … Common Retirement Fund (Fund) is the third largest public pension plan in the nation with an audited value of $207.4 …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… Fund's (Fund) overall return in the third quarter of the state fiscal year 2017-2018 was 4.12 percent for the … period ending Dec. 31, 2017, with an estimated value of $209.1 billion, according to New York State Comptroller … that will continue to provide retirement security for the pension fund's more than one million members, retirees and …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsState Agencies Bulletin No. 2048
… Purpose The purpose of this bulletin is to provide agencies with information regarding the outreach and escheatment of uncashed payroll checks for calendar year 2021. Affected … payee notification requirements: An initial outreach letter will be mailed to all employees with a 2021 uncashed …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2048-outreach-and-escheatment-2021-uncashed-payroll-checksState Agencies Bulletin No. 1763.1
… supersedes Payroll Bulletin 1763 Purpose The purpose of this bulletin is to provide agencies with information regarding the outreach and escheatment of uncashed payroll checks for calendar year 2018. Affected … Per Abandoned Property Law §1422, an initial outreach letter was sent to all employees with a 2018 uncashed payroll …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/17631-outreach-escheatment-2018-uncashed-payroll-checksOpinion 92-6
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … Municipal Law if the highway superintendent were to award contracts for the repair of town highway equipment to …
https://www.osc.ny.gov/legal-opinions/opinion-92-6EPI - “Nation’s Report Card” Underscores New York’s Need for Academic Recovery
The COVID-19 pandemic hit New York earlier than most states and forced New York’s schools to take on the extraordinary challenge of quickly shifting to remote learning formats.
https://www.osc.ny.gov/files/reports/pdf/new-yorks-need-for-academic-recovery.pdfDiNapoli: Former Hempstead School Official and Local Restauranteur Indicted in Kickback Scheme
… Peace, United States Attorney for the Eastern District of New York; Michael J. Driscoll, Assistant … scheme. “Stealing money meant to feed students in need is reprehensible,” said State Comptroller Thomas P. … bidding scenario for the breakfast items, only to award a second procurement contract to Smart Starts despite …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-hempstead-school-official-and-local-restauranteur-indicted-kickback-scheme