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Cost-of-Living Adjustment – Divorce and Your Benefits
… directs NYSLRS to provide COLA increases. Retirement and Social Security Law Section 78-A (g) does not permit a … pension payment option benefit as a beneficiary, and even if COLA were previously awarded while the retiree …
https://www.osc.ny.gov/retirement/members/divorce/cost-living-adjustmentEast Irondequoit Central School District - Payroll and Leave Accruals (2019M-92)
… Also, she did not record taking a lunch break on 297 of 315 days, resulting in overtime or extra pay. Errors occurred in the leave records maintained for 13 of the 26 (50 percent) employees tested. Key Recommendations … comments on the issues raised in the District’s response letter. … Determine whether employees received proper wages …
https://www.osc.ny.gov/local-government/audits/school-district/2019/11/15/east-irondequoit-central-school-district-payroll-and-leave-accruals-2019mNYS Common Retirement Fund Announces Third Quarter Results
… Retirement Fund’s overall return in the third quarter of the Fund’s 2015-2016 fiscal year was 2.88 percent for the … Thomas P. DiNapoli. The Fund had an estimated value of $178.3 billion at the close of its third quarter. “The … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsGates-Chili Central School District - Financial Management (2019M-53)
… insurance reserves were overfunded by $2.86 million as of June 30, 2018. The Board increased real property taxes by … estimates for revenues and appropriations and the amounts of fund balance and reserves that will be used to fund … our comments on issues raised in the District’s response letter. … Determine whether the Board and District officials …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/21/gates-chili-central-school-district-financial-management-2019m-53Dobbs Ferry Union Free School District – Facilities Department Overtime (2023M-120)
… during the 21-month audit period. Approximately $186,330 of overtime work to be performed was not properly approved. Officials paid 10 employees a total of $36,734 in overtime to conduct 270 building checks. … This could increase the District’s operational and pension costs. Key Recommendations Ensure overtime is …
https://www.osc.ny.gov/local-government/audits/school-district/2023/12/01/dobbs-ferry-union-free-school-district-facilities-department-overtimeDiNapoli Announces Interim CIO for the New York State Common Retirement Fund
… New York State Comptroller Thomas P. DiNapoli today announced his … Chief Investment Officer of the New York State Common Retirement Fund. The Fund’s current CIO Vicki Fuller is …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-announces-interim-cio-new-york-state-common-retirement-fundNYS Common Retirement Fund Announces Second Quarter Results
… state fiscal year on March 31, 2014 and an estimated $180.7 billion at the end of the first quarter. The Fund has 38.1 … cash, bonds and mortgages (26.6 percent), private equity (7.9 percent), real estate (6.8 percent), absolute return …
https://www.osc.ny.gov/press/releases/2014/11/nys-common-retirement-fund-announces-second-quarter-resultsElmsford Union Free School District – IT Asset Management (S9-22-9)
… (District) officials appropriately tracked, inventoried and safeguarded information technology (IT) assets acquired or in use during the audit … We selected 35 IT assets to confirm their location and that they were inventoried, and 10 additional IT assets …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2023/03/16/elmsford-union-free-school-district-it-asset-management-s9-22-9Opinion 88-73
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … improvement district purposes. This is in reply to your letter asking whether a town of the second class may …
https://www.osc.ny.gov/legal-opinions/opinion-88-73DiNapoli Releases April State Cash Report
… $10.5 billion in April, $2.8 billion higher than last year for the same period, primarily because of a $1.8 billion … that was paid after April last year. Other significant increases include spending for public health programs (up $376 million primarily because …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-releases-april-state-cash-reportWest Babylon Union Free School District – Claims Audit (2024M-62)
… The claims auditor did not perform a proper audit of claims. As a result, there is an increased risk that goods …
https://www.osc.ny.gov/local-government/audits/school-district/2024/09/20/west-babylon-union-free-school-district-claims-audit-2024m-62DiNapoli: Special Education Provider Pleads Guilty to Felony Charges
… The executive director of special education provider IncludED Educational Services … Kramer agreed to pay $418,000 in restitution as part of his plea agreement and is banned for life from providing … stemming from audits of special education providers. For a copy of the original audit, visit: …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-special-education-provider-pleads-guilty-felony-chargesDiNapoli: Central New York Economy Slowly Improving
… to rebound from the Great Recession thanks to a wealth of locally educated young adults, a technically experienced workforce and a relatively low cost of living, according to a profile of the region released … and the region’s public higher education institutions award nearly 10,000 degrees annually. Local leaders are …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-central-new-york-economy-slowly-improvingState Agencies Bulletin No. 1676
… by Payroll Bulletins 1799 Purpose To inform agencies of changes in certain garnishment deduction amounts, or in … deduction rules for calculating new and existing writs of garnishments (creditor garnishments) and New York State … the new minimum wages currently in effect. OSC will send a letter to affected employees’ mailing address in PayServ …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1676-new-general-deduction-rules-writs-garnishments-and-new-york-state-taxControls Over Cash Advance Accounts (2014-S-65), 90-Day Response
The objectives of our audit were to determine if the Department has an ongoing need for its advance accounts, and if it has adequate controls to ensure the mone
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-14s65-response.pdfControls Over Cash Advance Accounts (2014-S-65)
The objectives of our audit were to determine if the Department has an ongoing need for its advance accounts, and if it has adequate controls to ensure the mone
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2015-14s65.pdfState Agencies Bulletin No. 1047
… Purpose To inform agencies of the process for handling the late submission of Form AC230 (Report of Check Return For Refund Or Exchange) … be updated to reflect the return of the funds and a credit letter will be sent to the employee by OSC. Agency Actions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1047-processing-2010-salary-refunds-received-osc-after-january-7-2011DiNapoli: NYC Secure Juvenile Detention Centers Need To Improve Safety and Access to Services for Youth
… assaults, contraband, self-harm, theft or loss of facility property are required to be reported to the New York State …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nyc-secure-juvenile-detention-centers-need-improve-safety-and-access-services-youthState Police Bulletin No. SP-107
… the eligibility criteria Background Pursuant to the State of New York and the New York State Police Investigators Association (NYSPIA) Arbitration Award 1A 2004-30, an annual Holiday Compensation (Bonus) payment for employees who are members of the NYS Police Investigators Association (Bargaining Unit …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-107-2008-state-police-holiday-bonus-payment