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NY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today announced the Fund’s adoption of its … of new investments within its $38 billion private equity asset class, the new Policy will require an evaluation … reasonably compensated, and well-trained workforce can deliver higher quality products and services, which in …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityOmnibus Procurement Amendments
… final offer; clarifying the use of best and final offers for invitations for bids and requests for proposals for goods, services and technology; clarifying …
https://www.osc.ny.gov/legislation/omnibus-procurement-amendments-1Shared Services Among New York’s Local Governments Best Practices and Tips for Success
Shared Services Among New York’s Local Governments Best Practices and Tips for Success
https://www.osc.ny.gov/files/local-government/publications/pdf/shared-services-among-ny-local-governments.pdfDiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
… in the workplace. “June is Pride Month, when millions of Americans come together to honor and celebrate the … and gender identity data to guide talent development, increase productivity, and communicate to consumers that … than one million state and local government employees and retirees and their beneficiaries. It has consistently been …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companiesDiNapoli: NYSLRS Announces Employers' Retirement System Contribution Rates for 2023-2024
… P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System (NYSLRS). Employers’ average contribution rates for the State Fiscal Year 2023-24 will increase from 11.6% to 13.1% of payroll for the Employees’ Retirement System (ERS) and from 27.0% to …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyslrs-announces-employers-retirement-system-contribution-rates-2023-2024Examination of Official Station Designation
… Purpose The objective of our examination was to determine if the Department properly designated the official station of a Department employee in calendar years 2013 and 2014. … commuting and is not reimbursable. The official station of every employee is designated by the head of the agency and …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/examination-official-station-designationNYS Common Retirement Fund Announces First Quarter Results
… remaining Fund assets by allocation are invested in cash, bonds and mortgages (25.7 percent), private equity (7.7 …
https://www.osc.ny.gov/press/releases/2017/08/nys-common-retirement-fund-announces-first-quarter-resultsDiNapoli: State Pension Fund Value $206.9 Billion
… 31, 2018. The Fund ended the year with an estimated value of $206.9 billion, which is subject to change once returns are fully audited. The Fund’s value at the end of state fiscal year 2017 was $192.4 billion. “The New York …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionProcurement Practices
… About the Program The University at Buffalo (Buffalo) is one of the largest institutions within the State … in law and elsewhere, are in place to ensure that spending is appropriate and in the best interest of the State. Key … paid to two vendors: Buffalo Foundation Activities, Inc. for research-related administrative services; and Corr …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesNYS Common Retirement Fund Reports First Quarter Results
… quarter of the State Fiscal Year (SFY) 2021-22 was 5.82% for the three-month period ending June 30, 2021, according to … first quarter of the State Fiscal Year SFY 202122 was 582 for the threemonth period ending June 30 2021 according to …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsOffice of the State Comptroller Response to Report Issued Today by the Department of Financial Services
… statement today: "It's disappointing and shocking that a regulator would issue such an uninformed and unprofessional report. This report was emailed to our office five minutes before it was provided to the … political games, so remains unaware of actions taken by what is one of the best managed and best funded public …
https://www.osc.ny.gov/press/releases/2016/10/office-state-comptroller-response-report-issued-today-department-financial-servicesCayuga-Onondaga Board of Cooperative Educational Services - Procurement of Professional Services (2018M-270)
… whether professional services were procured in a manner to ensure the prudent and economical use of public money in … a reasonable dollar threshold only after soliciting some form of competition, and provide guidance as to how competition should be solicited. Ensure that BOCES has …
https://www.osc.ny.gov/local-government/audits/boces/2019/03/22/cayuga-onondaga-board-cooperative-educational-services-procurement-professionalSelected Aspects of Bus Procurement
… whether it procures buses in a manner which results in the best value for the lowest cost. The audit covered bus purchases from … whether it procures buses in a manner that results in the best value for the lowest cost …
https://www.osc.ny.gov/state-agencies/audits/2014/03/03/selected-aspects-bus-procurementCost-Saving Ideas: Reviewing Your Revenue Collection Process
… Improving your local government's receipt collection system may get revenue into … the municipal website or the website of a third-party vendor may result in increased collections of certain … board may enter into a contract with a third-party vendor to provide for payments to be made by credit card to …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processOxford Academy and Central School District – Transportation Department Purchase and Service Contracts (2023M-2)
… – pdf] Audit Objective Determine whether Oxford Academy and Central School District (District) officials procured and monitored transportation contracts in the best interest … not always ensure transportation contracts were procured and monitored in the best interest of taxpayers. District …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/oxford-academy-and-central-school-district-transportation-departmentAccounts Payable Advisory No. 68
… Subject: GFO Section XII.10.D Updates Reference: Guide to Financial Operations (GFO), Chapter XII, Section 10.D – … contract is a multi-award contract that requires agencies to solicit bids from the contract vendors to ensure the agency receives the best value for moving …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/68-monitoring-moving-servicesTown of Watertown Fire District – Procurement (2022M-155)
… Objective Determine whether the Town of Watertown Fire District (District) Board of Fire Commissioners (Board) used a … action. … Determine whether the Town of Watertown Fire District District Board of Fire Commissioners Board used a …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/town-watertown-fire-district-procurement-2022m-155DiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… leadership and talents as a skilled investor are reflected in the success of our state’s pension fund,” DiNapoli said. … am grateful for the trust Comptroller DiNapoli has placed in me over the years,” Titarchuk said. “Working with the … to continue our partnership and grow the Fund’s value in the months and years to come.” Titarchuk was born in …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundDiNapoli: State Pension Fund Value $192 Billion
… ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … long term asset allocation. We continue to manage one of best funded, best performing pension plans in the nation … to fixed income markets over the last year returned 2.91 percent. The Fund’s diversification strategy performed …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionOpinion 2010-2
… of New City Jewish Center v Flagg , 111 AD2d 814, 490 NYS 560, affd 66 NY2d 980, 499 NYS2d 395; Merritt Meridian v …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2