Search
DiNapoli Calls on Companies to Increase Board Diversity
… board diversity, inclusive of sex, race, ethnicity, age, gender identity and sexual orientation. The companies … State Common Retirement Fund is the third largest public pension fund in the United States, with an estimated $207.4 … increased board diversity inclusive of sex race ethnicity age gender identity and sexual orientation …
https://www.osc.ny.gov/press/releases/2019/03/dinapoli-calls-companies-increase-board-diversityNew York's Prison Population Continues Decline, But Share of Older Adults Keeps Rising
… not be compromised.” Factors Contributing to Population Change At least two trends may explain the net gain in older …
https://www.osc.ny.gov/press/releases/2022/01/new-yorks-prison-population-continues-decline-share-older-adults-keeps-risingState Audits Issued in the Last 60 Days
… View state audits issued in the last 60 days …
https://www.osc.ny.gov/state-agencies/audits/new-releasesOmnibus Procurement Amendments
… Amendments – A.7180/S.6626 (Zebrowski/Krueger) – Relates to participation by state agencies in a system used by the comptroller to compile vendor responsibility information; authorizing the … of the office of general services and state agencies to develop alternative procurement methods not otherwise …
https://www.osc.ny.gov/legislation/omnibus-procurement-amendments-1DiNapoli Announces State Contract and Payment Actions for June 2016
… for the Albany Capital Center Project. $381,000 to CHA Consulting Inc. for environmental engineering and … from Taughannock Falls to Cass Park in Ithaca. $156,000 to CHA Consulting Inc. for engineering services for various … and Genesee River in the city of Rochester. $324,000 to CHA Consulting Inc. for services, including $188,000 for …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-announces-state-contract-and-payment-actions-june-2016Town of Sanford – Claims Audit Process (2021M-189)
… all claims were appropriately audited and approved. Out of 200 claims reviewed, the Board did not audit 69 claims … Town Law Section 118. Town officials may have saved $5,010 in fuel costs if they had used the State contract pricing … to help ensure purchases are cost effective and in the best interest of taxpayers. Town officials generally agreed …
https://www.osc.ny.gov/local-government/audits/town/2022/03/04/town-sanford-claims-audit-process-2021m-189Additional Service Credit for Sick Leave (Section 341[j]) – Article 14 Benefits
… sick leave at retirement cannot be used to: Qualify for vesting. For example, if you have four years and ten months … example, if you have 19½ years of service credit but your pension will improve substantially if you have 20 years, your … credit cannot be used to reach the 20 years. Increase your pension beyond the maximum amount payable under your …
https://www.osc.ny.gov/retirement/publications/1644/additional-service-credit-sick-leave-section-341jDiNapoli: Federal Programs Bridge Gap in Broadband Access
… rose from 64% to 76% between 2019 and 2021 thanks in large part to two federal programs created to address disparities in access to high-speed internet. More than 1.3 million New … clear during the COVID-19 pandemic,” DiNapoli said. “In 2021, my office reported that about one in three …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-federal-programs-bridge-gap-broadband-accessNew Yorkers in Need: A Look at Poverty Trends in New York State for the Last Decade
… had devastating health, economic and social consequences. In New York, the pandemic and ensuing economic shutdown … 2022, at https://robinhoodorg-wp-production.s3.amazonaws.com/uploads/2022/04/PT_Annual2021_final.pdf . 10 Annie … cal-documentation/hhp/Phase_2_Questionnaire_11_2_20_Updated_English.pdf included the question, “In the last 7 days, how …
https://www.osc.ny.gov/reports/new-yorkers-need-look-poverty-trends-new-york-state-last-decadeVillage of Stamford – Claims Audit (2022M-197)
… complete report – pdf] Audit Objective Determine whether the Village of Stamford (Village) Board of Trustees (Board) effectively audited claims prior to payment. Key Findings The Board did not effectively audit claims prior to payment. …
https://www.osc.ny.gov/local-government/audits/village/2023/04/07/village-stamford-claims-audit-2022m-197DiNapoli: NYSLRS Announces Employers' Retirement System Contribution Rates for 2023-2024
… that ended March 31 was strong, but recent domestic and global economic volatility demands caution,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-nyslrs-announces-employers-retirement-system-contribution-rates-2023-2024Independent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… An independent fiduciary and conflict of interest review of the … Fund is well positioned for the years ahead to protect the pension benefits of our over 1.1 million members.” Kroll … framework established by the Department of Financial Services in partnership with the State Comptroller’s office …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsOpinion 89-27
… situated persons ( DeCastro v Ortiz , 119 Misc 2d 777, 464 NYS2d 619), rather than the more stringent strict …
https://www.osc.ny.gov/legal-opinions/opinion-89-27DiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… announced reductions in employer contribution rates to the New York State and Local Retirement System (NYSLRS) for both of its systems – the Employees’ Retirement System (ERS) and … median assumed rate of return among state public pension funds is 7.0% as of August 2021, according to the National …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-system15-Day Prompt Payments for Small Businesses
… To be eligible, you must complete a few simple steps in our Vendor Self Service Portal: Sign up to receive payments electronically – Once you sign up, you’ll begin to receive payments via electronic …
https://www.osc.ny.gov/state-vendors/portal/15-day-prompt-payments-small-businessesMonitoring of Not-for-Profit Cemeteries for Fiscal Stability and Adequate Facility Maintenance (Follow-Up)
… included in our initial audit report, Monitoring of Not-for-Profit Cemeteries for Fiscal Stability and Adequate Facility Maintenance ( … maintenance, and preservation of burial grounds for all not-for-profit cemetery corporations (cemeteries) in …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/monitoring-not-profit-cemeteries-fiscal-stability-and-adequate-facility-maintenance-followDiNapoli Releases Report on 30-Day State Budget Amendments
… or public authority for the purposes described. As a result, oversight measures, checks and balances, and spending …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-releases-report-30-day-state-budget-amendmentsMitchell Lama Applicants Charged $200 for Virtually No Chance of Apartment in Their Lifetime
… of getting an apartment, but also created a risk that application fees could be misused. “My office has conducted … compromises the program’s integrity.” The audit examined application fees at three developments in Manhattan: Trinity … Provide guidance to managing agents on how to account for application fees, handle refunds from lotteries prior to the …
https://www.osc.ny.gov/press/releases/2019/12/mitchell-lama-applicants-charged-200-virtually-no-chance-apartment-their-lifetimeOpinion 93-22
… to a clerical error when the defendant, in fact, did not miss a court date. You state that a village justice in his … forfeiture was in error because the "defendant ... did not miss a Court date." He attributed the error to "a computer …
https://www.osc.ny.gov/legal-opinions/opinion-93-22NYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… in state payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and commonly requested data. … NYS Comptroller DiNapoli announced $800 million in …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investments