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State Agencies Bulletin No. 2187
… is to notify agencies of the 2024 maximum salary limit for ORP and VDC plan members. Affected Employees: Tier 1 … limitations on benefits and contributions under qualified retirement plans, the annual compensation limit under Section … (C), and 408 (k) (6) (D) (ii) will increase to $345,000 for the 2024 calendar year for ORP and VDC Tier 1 through 6 …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2187-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntaryNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the first … of the State Fiscal Year (SFY) 2020-21 was 10.35 percent for the three-month period ending June 30, 2020, with an …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsChallenging a Determination – State Police Plan
… months of the initial determination. Anyone who has had a retirement benefit denied can request a hearing: Online: Sign in to your Retirement Online account , click on “Make a Request” on the … Albany, New York area). … State Police Plan information for PFRS Tier 2 5 and 6 members under Sections 381b …
https://www.osc.ny.gov/retirement/publications/1518/challenging-determinationMorris Central School District – Financial Operations (2015M-251)
… claims processing procedures and fund balance management for the period July 1, 2014 through August 31, 2015. … five-member Board of Education. Budgeted appropriations for the 2015-16 fiscal year total approximately $9.5 million. … itself. The Treasurer does not directly supervise the application of her signature on checks. Certain reserves had …
https://www.osc.ny.gov/local-government/audits/school-district/2016/01/08/morris-central-school-district-financial-operations-2015m-251NYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Fund's (Fund) overall return in the first quarter … of the state fiscal year 2015-2016 was 0.52 percent for the three-month period ending June 30, 2015, with an …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsLake Champlain-Lake George Regional Planning Board - Governance Over Loan Operations (2019M-25)
… Director and Loan Committee prepare loan status reports for the Board. Ensure that loans are properly enforced. …
https://www.osc.ny.gov/local-government/audits/joint-activity/2019/09/13/lake-champlain-lake-george-regional-planning-board-governance-over-loanOpinion 91-39
… discussed in the opinion. PUBLIC OFFICERS AND EMPLOYEES -- Retirement Benefits (waiver of public salary exceeding … Law, §212. Civil Service Law, §150 provides generally for the suspension of retirement benefits "if any person … public office ..." (emphasis added). This exception for elective office, however, is limited. Section 150, as …
https://www.osc.ny.gov/legal-opinions/opinion-91-39NYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the first … of the State Fiscal Year (SFY) 2019-20 was 3.38 percent for the three-month period ending June 30, 2019, raising its …
https://www.osc.ny.gov/press/releases/2019/08/nys-common-retirement-fund-reports-first-quarter-resultsNY State Comptroller DiNapoli Asks Express Scripts' Shareholders to Back Cyber Security Risk Proposal
… Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced that he has written … Scripts shareholders urging them to support his call for the pharmacy benefit management company to publicly …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-asks-express-scripts-shareholders-back-cyber-security-risk-proposalMedicaid Program – Reducing Medicaid Costs for Recipients With End Stage Renal Disease
… diagnosed with end stage renal disease who were eligible for, but not enrolled in, Medicare. The audit covered the … requires dialysis or a kidney transplant to stay alive. For the six-year period ended December 31, 2015, Medicaid … amount of time under Social Security, the Railroad Retirement Board, or as a government employee; (2) are …
https://www.osc.ny.gov/state-agencies/audits/2017/03/01/medicaid-program-reducing-medicaid-costs-recipients-end-stage-renal-diseasePayroll Improvement Project Bulletin No. PIP-010
… purpose of this bulletin is to inform users of changes to Retirement Plans in PayServ 9.2. Affected Employees PayServ … employees’ retirement information are affected. Records for all employees (1) who have active Retirement Enrollment … and improve processing. Effective Dates All changes for 9.2 are effective at Go Live, scheduled for March 15, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-010-changes-pension-plans-payserv-92Department of Transportation Bulletin No. DOT-34
… To provide the Department of Transportation instructions for processing the 2019 Call-Out Response Payment Affected … the Civil Service Employees Association (CSEA), provides for a call-out response payment to eligible employees at the … for Yonkers residents and 0.50% for Yonkers non-residents. Retirement and Deduction Information The 2019 Call-Out …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/transportation/dot-34-2019-call-out-response-payment-fiscal-year-2018-2019Department of Transportation Bulletin No. DOT-30
… To provide the Department of Transportation instructions for processing the 2017 Call-Out Response Payment. Affected … the Civil Service Employees Association (CSEA), provides for a call-out response payment to eligible employees at the … for Yonkers residents and 0.50% for Yonkers non-residents. Retirement and Deduction Information The 2017 Call-Out …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/transportation/dot-30-2017-call-out-response-payment-fiscal-year-2016-2017State Agencies Bulletin No. 1562
… agencies that the pensionable overtime earnings limit for fiscal year 2017-18 is 15% of member’s regular annual … Employees who are Tier 6 members of the Police and Fire Retirement System (Plan Type 7W) Effective Date(s) Institution and Administration Paychecks for fiscal year 2017-18 Background In accordance with Chapter …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1562-tier-6-pensionable-overtime-earnings-limit-fiscal-year-2017-18State Agencies Bulletin No. 1796
… is to notify agencies of the 2020 maximum salary limit for members of ORP and VDC in Tier 6. Background In … Section 415 of the Internal Revenue code, which provides for dollar limitations on benefits and contributions under qualified retirement plans, the annual compensation limit under Section …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1796-maximum-salary-limit-optional-retirement-plan-orp-and-voluntary-definedNYS Common Retirement Fund Announces First Quarter Results
… The New York State Common Retirement Fund’s (Fund) overall return in the first quarter of the state fiscal year 2016-2017 was 2 percent for the three-month period ending June 30, 2016, with an …
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsOther Bulletin No. 62
… the State University Construction Fund with instructions for processing the April 2022 SCF CSEA LLS payment. Affected … position with a higher Job Rate, and whose salary upon application of the April 2022 SCF CSEA Performance Advance is … Annual Addl Earnings (to prevent making another payment) Retirement and Deduction Information The LLS payment is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-62-april-2022-state-university-construction-fund-scf-civilOther Bulletin No. 56
… the State University Construction Fund with instructions for processing the April 2021 SCF CSEA LLS payment. Affected … position with a higher Job Rate, and whose salary upon application of the April 2021 SCF CSEA Performance Advance is … Annual Addl Earnings (to prevent making another payment) Retirement and Deduction Information The LLS payment is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-56-april-2021-state-university-construction-fund-scf-civilOther Bulletin No. 73
… of this bulletin is to provide the SCF with instructions for processing the new October 2023 SCF CSEA LLS payment. … position with a higher Job Rate, and whose salary upon application of the October 2023 SCF CSEA Performance Advance … Annual Addl Earnings (to prevent making another payment) Retirement and Deduction Information: The LLS payment is …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/suny-construction-fund/other-73-october-2023-state-university-construction-fund-scf-civilMiddletown Employee Charged With Theft
… the arrest of Thomas McKelevey, 70, of Middletown for allegedly stealing nearly $90,000 from the City of … overlapping hours on his time sheets when he worked for both the City of Middletown and the Town of Crawford from … McKelvey’s deception allowed him to falsely inflate his retirement benefit and defraud the pension system in excess …
https://www.osc.ny.gov/press/releases/2021/12/middletown-employee-charged-theft