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Pension Payment Option Election – Divorce and Your Benefits
… At retirement, a member must elect a pension payment option, which determines how the retirement … should the member die before them. Generally, this is one of the joint allowance options. The parties should be aware …
https://www.osc.ny.gov/retirement/members/divorce/pension-payment-option-electionManual Reporting – Enhanced Reporting
… report: Job data for status changes , for example, a leave of absence, a return from leave, military leave or … method is useful when you need to submit a small number of transactions, such as correcting previously submitted … (adjustments), or if you are only reporting a small number of employees. Please check Enhanced Reporting Resources for …
https://www.osc.ny.gov/retirement/employers/enhanced-reporting/manual-reportingState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… Partners, a new investment partner for the fund and one of 19 investment firms that manage In-State Private Equity … million to the state pension fund and supported thousands of jobs across the state,” said DiNapoli. “This $50 million … returns to the state pension fund consistent with the risk of private equity. The program invests in New York …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesSUNY Bulletin No. SU-302
… Retention Payments. Affected Employees Employees in the State University Graduate Student Negotiating Unit (GSNU) – … Program Recruitment and Retention Enhancement Fund based on the number of employees in BU28 to facilitate the … employee’s taxable gross and is subject to all employment taxes and income taxes. Federal, State, and New York City …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-302-suny-recruitment-and-retention-payments-gsnu-employeesDiNapoli: State’s Financial Plan Reflects a Bleak Economic Outlook
… aging New Yorkers are among those who may suffer the loss of services. Programs that help fund front-line responders, … also face significant cuts. “The Financial Plan warns of deep cuts and very troubling actions the state anticipates … taking to address the revenue loss and growing costs of fighting the coronavirus,” DiNapoli said. “New York is …
https://www.osc.ny.gov/press/releases/2020/05/dinapoli-states-financial-plan-reflects-bleak-economic-outlookComptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced the … Estate Real Property The Office of Public Administrator (PA) guidelines regarding the sale of estate real property … 170,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract FOIL …
https://www.osc.ny.gov/press/releases/2020/06/comptroller-dinapoli-releases-municipal-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… withdraws the monthly payments from the county’s bank account without the treasurer’s authorization. City of … a variance where the reconciled bank balance for one bank account was $2.9 million less than the accounting records, …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-releases-municipal-school-auditsMedicaid Program – Medicaid Overpayments for Medicare Part B Services Billed Directly to eMedNY
… Medicaid made improper payments to providers who submitted Part B cost-sharing claims directly to eMedNY. The audit … of the State’s Medicaid recipients are also eligible for Medicare, the federal health insurance program for people age …
https://www.osc.ny.gov/state-agencies/audits/2018/12/11/medicaid-program-medicaid-overpayments-medicare-part-b-services-billed-directly-emednyCost-Saving Ideas: Using State Contracts to Acquire Goods or Services
… prices and better quality goods and services. Benefits of Using State Contracts In addition to potentially saving … State contracts meet the competitive bidding requirements of New York State General Municipal Law. As a result, local … identify responsible vendors; Benefit from the competition of many bidders seeking large volume contracts; Avoid certain …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-using-state-contracts-acquire-goods-or-servicesState Comptroller DiNapoli Releases State Audits
… of its 2008 banking policy. In addition, of 72 payments from five judgmentally selected bank accounts, 25 …
https://www.osc.ny.gov/press/releases/2017/12/state-comptroller-dinapoli-releases-state-auditsState Comptroller DiNapoli Releases School Audits
… Up (Steuben County) The follow-up review was limited to interviews with district personnel and inspection of certain documents related to the issues identified in the initial report. Based on … Follow Up (Monroe County) The follow-up review was limited to interviews with district personnel and inspection of …
https://www.osc.ny.gov/press/releases/2023/03/state-comptroller-dinapoli-releases-school-audits-0State Comptroller DiNapoli Releases State Audits and Examinations
… audits and examinations have been issued: Department of Health (DOH): New York City School-Based Health Centers: … potentially hazardous medical supplies. For example, 10 of the 11 SBHCs sampled had shortages in various medication … categories with one school having an unexplained shortage of 2,712 hypodermic needles. In a follow-up, auditors found …
https://www.osc.ny.gov/press/releases/2017/03/state-comptroller-dinapoli-releases-state-audits-and-examinations-0Payments by Beacon Health Options for Mental Health and Substance Abuse Services for Ineligible Members
… January 2015 through December 2020. About the Program The New York State Health Insurance Program (NYSHIP), administered by the …
https://www.osc.ny.gov/state-agencies/audits/2022/05/13/payments-beacon-health-options-mental-health-and-substance-abuse-services-ineligibleNYS Comptroller DiNapoli: Amazon Must Ensure Its Business Is Not Adding to Racial Inequality
… in May 2020, a declaration of its “solidarity with the Black community—our employees, customers, and partners—in the … that Amazon: Paid low wages to its disproportionately Black and Latino warehouse employees, who have contended with … division, discriminated against employees for wearing Black Lives Matter masks on the job. Inconsistently enforced …
https://www.osc.ny.gov/press/releases/2020/12/nys-comptroller-dinapoli-amazon-must-ensure-its-business-not-adding-racial-inequalityExamples from GASB Statement 34 - Sample City Balance Sheet Governmental Funds
… 25,369 Payable to other governments 94,074 . . . 94,074 Deferred revenue 4,250,430 6,273,045 250,000 11,000 … to pay for current-period expenditures and therefore are deferred in the funds. 9,348,876 Internal service funds are …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-2State Comptroller DiNapoli Releases Audits
… today the following audits have been issued. Office of General Services (OGS): Compliance With Executive Order 95 … Data Website for the collection and public dissemination of publishable state data maintained by state entities. … found OGS has taken steps to meet the requirements of EO 95; however, certain aspects of the order have not been …
https://www.osc.ny.gov/press/releases/2020/04/state-comptroller-dinapoli-releases-auditsDiNapoli: Renewable Energy Projects Taking Years To Become Operational in NYS
… New York State Comptroller Thomas P. DiNapoli. The audit of the Office of Renewable Energy Siting (ORES) found permit applications … ORES should be more transparent about the timeliness of the application process and where delays occur, as these …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-renewable-energy-projects-taking-years-become-operational-nysDiNapoli: New York’s Employee Stock Ownership Plans Lead Nation in Assets
… in companies that are employee owned. One of the most popular forms of employee ownership is Employee Stock … encourage employee ownership more broadly by developing strategies to: Expand networks and partnerships of business …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-new-yorks-employee-stock-ownership-plans-lead-nation-assetsForms
… or calling NYSLRS. Because Retirement Online is a secure website, you may certify and submit your applications … active members only. If you are retired and receiving a pension (and have retired under payment option ½, 1, 5-Year … Consider using Retirement Online to estimate your pension benefit and to apply for a service retirement. …
https://www.osc.ny.gov/retirement/formsState Agencies Bulletin No. 1459
… Assignment to Duty Pay. Affected Employees Employees of the Department of Transportation and the Office of Parks, Recreation and Historic Preservation in the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1459-2016-special-assignment-duty-pay-calendar-year-2015