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DiNapoli, Social Security Administration IG Ennis Announce Guilty Plea of Maryland Man for Stealing Deceased Mother’s Retirement Payments
… New York State Comptroller Thomas P. DiNapoli and Social Security Administration (SSA) Inspector General Gail S. …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-social-security-administration-ig-ennis-announce-guilty-plea-maryland-man-stealing-deceasedIndependent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… Fund is well positioned for the years ahead to protect the pension benefits of our over 1.1 million members.” Kroll … The Common Retirement Fund was able to sustain operational integrity and meet their fiduciary duties despite the … State Common Retirement Fund is one of the largest public pension funds in the United States with assets of …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsUnited HealthCare – Payments for Fraudulent and Improper Claims Submitted by Davis Ethical Pharmacy
… United more than $6.2 million for 52,485 claims submitted by Davis Ethical. During this period, Davis Ethical was owned and operated by William Davis, a licensed pharmacist. Pursuant to … there have been several investigations of Davis Ethical by oversight authorities, including the Nassau County …
https://www.osc.ny.gov/state-agencies/audits/2013/08/13/united-healthcare-payments-fraudulent-and-improper-claims-submitted-davis-ethical-pharmacyState Agencies Bulletin No. 2303
… is to provide agencies with instructions to update Tier 6 employees’ Savings Plans pages due to the two-year look back. … No. 1256 ) Effective April 2013, employee contribution rates are based on an employee’s annual wage, as required by … effective in Administration paychecks dated January 29, 2025 and Institution paychecks dated February 6, 2025. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2303-2025-two-year-look-back-tier-6-suny-optional-retirement-plan-orp-andState Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District To Support Community Banking in South Bronx
… Bronx deserve expanded access to financial services to pay their bills, purchase homes, build their credit and …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newProcurement and Payroll-Related Matters Pertaining to the Use of Certain Federal Funds
… and Reinvestment Act (Recovery Act) funds efficiently and for authorized purposes, and whether the funds were properly … distress. The Recovery Act requires entities to use funds for authorized purposes and to mitigate instances of fraud, … in a timely manner. Transit received Recovery Act funding for 23 projects estimated to cost $441.4 million. We visited …
https://www.osc.ny.gov/state-agencies/audits/2014/06/18/procurement-and-payroll-related-matters-pertaining-use-certain-federal-fundsState Agencies Bulletin No. 2300
… The purpose of this bulletin is to notify agencies of the 2025 maximum salary limit for ORP and VDC plan members. … and 408 (k) (6) (D) (ii) will increase to $350,000 for the 2025 calendar year. Effective Dates: Effective beginning Administration paychecks dated January 9, 2025 and Institution paychecks dated January 15, 2025. OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2300-maximum-salary-limit-members-optional-retirement-plan-orp-and-voluntaryTown of Frankfort - Board Oversight (2018M-58)
… health insurance benefits averaging $183,000 annually for elected officials in 2016 and 2017. Key Recommendations …
https://www.osc.ny.gov/local-government/audits/town/2018/06/08/town-frankfort-board-oversight-2018m-58Marathon Central School District – Fund Balances (2017M-280)
… fund, employee benefit accrued liability reserve and retirement contribution reserve were not used as budgeted and … Adopt a fund balance policy that includes a plan for using the excess accumulated fund balance in a manner that benefits District residents. Adopt a formal plan for …
https://www.osc.ny.gov/local-government/audits/school-district/2018/03/16/marathon-central-school-district-fund-balances-2017m-280State Agencies Bulletin No. 1549
… via electronic input file from PEF for deduction code 392, Transamerica Life Insurance. Affected Employees … monitor input files submitted by PEF to ensure deduction code 392 has been terminated for all employees. Agency … via electronic input file from PEF for deduction code 392 Transamerica Life Insurance …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1549-payroll-deductions-discontinued-transamerica-life-insurance-offeredDiNapoli Announces State Contract and Payment Actions for June 2016
… on his commitment to added transparency via his Open Book New York website. Highlights for June 2016: Legislative … Grant. Education Department $677,000 to Thirteen WNET New York for educational television. $498,000 to Metritech … $20.2 million to 17 local governments for Rivers Casino & Resort license fee distributions. Office of General …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-announces-state-contract-and-payment-actions-june-2016Comptroller DiNapoli Releases School District Audits
… one-time expenditures, funding reserves, reducing district property taxes or paying off debt. In a follow up audit, the …
https://www.osc.ny.gov/press/releases/2019/04/comptroller-dinapoli-releases-school-district-auditsOpinion 91-24
… §14-1436: A town, on behalf of a town sewer district, may contract with a county to provide sewer service to properties … within a county sewer district. The cost of such a contract would be financed by the county in the same manner … power, on behalf of a sewer district, to: enter into a contract or contracts with another sewer district or with any …
https://www.osc.ny.gov/legal-opinions/opinion-91-24State Comptroller DiNapoli Releases Audits
… of daily audits. In addition, they identified 917 product code errors totaling nearly $3.85 million. Find out how your …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-dinapoli-releases-auditsNYS Comptroller DiNapoli: Wall Street's 2020 Bonuses Rose Amid Volatility
… of the bonus pool is unique after a recessionary event. Bonuses fell by 33 percent in 2001 after 9/11 and by 47 percent in 2008 after the Great Recession. Bonuses have fallen four times since 2008, with an average … in 2020. DiNapoli’s office releases an annual estimate of bonuses paid during the traditional December through March …
https://www.osc.ny.gov/press/releases/2021/03/nys-comptroller-dinapoli-wall-streets-2020-bonuses-rose-amid-volatilityDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
Strongerthanprojected yearend budgetary results fueled by extraordinary onetime federal relief will mostly be used to fund new spending with a smaller portion set aside to build up reserves according to an analysis of New York Citys financial plan released by State Comptroller DiNapoli
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingEast Meadow Union Free School District – Financial Condition (2015M-332)
… three-year period. The workers’ compensation reserve fund and the unemployment insurance reserve fund are overfunded. … policy to ensure compliance with statutory requirements and use the surplus unrestricted fund balance in a manner that benefits District residents. Discontinue the practice of …
https://www.osc.ny.gov/local-government/audits/school-district/2016/02/26/east-meadow-union-free-school-district-financial-condition-2015m-332SUNY Bulletin No. SU-74
… summer session payments. Affected Employees SUNY employees working summer session Effective Date Beginning of summer … benefits over the summer. Working summer session on or after 8/15/02. If the employee continues working summer … employees must be terminated at the end of summer session. Retirement For 21Ps OSC will report service credit for …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-74-suny-summer-session-proceduresOpinion 89-56
… plan. As an incentive for employees to help identify charges made by health care providers for services not … payment constitutes a gift of town funds in violation of Article VIII, §1 of the State Constitution. Town Law, §27(1) …
https://www.osc.ny.gov/legal-opinions/opinion-89-56CUNY Bulletin No. CU-451
… Purpose To notify CUNY agencies of a health insurance rate adjustment … deduction codes and the amounts of the adjustments to be calculated. Employees who had a health insurance …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-451-city-university-new-york-health-insurance-rate-adjustment