Search
Comptroller's NYS Common Retirement Fund Responsibilities
… responsible for the New York State Common Retirement Fund (Fund), Comptroller DiNapoli is directly accountable for its … quickly to respond to market changes and to protect the Fund. Independent advice The Comptroller is a diligent … the sole trustee responsible for the New York State Common Retirement Fund Fund Comptroller DiNapoli is directly …
https://www.osc.ny.gov/common-retirement-fund/responsibilitiesDryden Central School District - Cash Management (2020M-61)
… As a result, officials did not maximize interest earnings for the District. Officials did not develop and manage a … they could have earned an additional $614,606 if they used other available investment options. Key Recommendations … manage a comprehensive investment program. Prepare monthly cash flow forecasts to estimate available funds for …
https://www.osc.ny.gov/local-government/audits/school-district/2020/08/28/dryden-central-school-district-cash-management-2020m-61XVI.4.A Cash and Investments – XVI. Financial Reporting
… Policy References: GASB Statement No. 40 – Deposit and Investment Risk Disclosures (an amendment of GASB … Section C20 – Cash Deposits with Financial Institutions and GASB Codification Section I50 – Investments ) most … ) Process and Document Preparation: Cash includes all interest bearing and non-interest bearing deposits with …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi4a-cash-and-investmentsOnondaga Cortland Madison Board of Cooperative Educational Services – Cash Management (2023M-40)
… Determine whether Onondaga Cortland Madison Board of Cooperative Educational Services (BOCES) officials … investment program or develop procedures for the operation of the investment program in compliance with the Board of Education’s (Board’s) investment policy. Invest available …
https://www.osc.ny.gov/local-government/audits/boces/2023/06/02/onondaga-cortland-madison-board-cooperative-educational-services-cash-managementDiNapoli Statement on His Placement Agent Ban Becoming Law
… the previous administration's wrongdoing. It was clear to me that placement agents were corrosive and unnecessary," …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-statement-his-placement-agent-ban-becoming-lawOpinion 88-46
… all the participants are authorized to invest. The fiscal officer of a participating school district or municipality … school districts or municipalities, through its fiscal officer, would take responsibility for the custody of the … with an investment consultant to advise its fiscal officer, a custodial bank to hold funds and collateral, and …
https://www.osc.ny.gov/legal-opinions/opinion-88-46Leading the Way on Climate Investment
… on the opportunities that arise from the transition to a low-carbon economy is similarly critical to ensuring that … solutions. This multi-faceted approach employs sustainable investment strategies, active engagement with portfolio … for the Fund’s portfolio of 50 percent alignment with a 1.5-degree scenario by 2030. In addition, the Fund adopted …
https://www.osc.ny.gov/common-retirement-fund/leading-way-climate-investmentReal Estate Advisory Committee
… to Section 423 of the Retirement and Social Security Law. The Real Estate Advisory Committee reviews proposed … Ratner Salzberg Principal Uplands Real Estate Partners Peter Tilles Developer …
https://www.osc.ny.gov/common-retirement-fund/resources/real-estate-advisory-committeeUpstate New York Company Delivers $450,000 Investment Gain To The State Pension Fund
… The New York State Common Retirement Fund"™s (Fund) investment in Canandaigua-based ClearMomentum … has generated a $450,000 investment gain, New York State Comptroller Thomas P. DiNapoli announced today. … The New York State Common Retirement Fund™s Fund investment in …
https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fundWhat is a Defined Benefit Plan?
… of a defined benefit plan , also known as a traditional pension plan. Defined benefit plans provide several … minimum age and service requirements established by your retirement plan, you will receive a monthly pension payment … earnings and years of service; Provide a right to pension benefits (vesting) with five years of service credit ; Build …
https://www.osc.ny.gov/retirement/members/defined-benefit-planNYS Common Retirement Fund Contacts
… New York State Common Retirement Fund. Under the direction of State Comptroller Thomas P. DiNapoli, Ms. Titarchuk is … Public Equities jcardiff@osc.ny.gov Manuel Casanga, Real Estate & Real Assets mcasanga@osc.ny.gov Leo Chenette, … Michael Federici, Fixed Income mfederici@osc.ny.gov Elizabeth Gordon, Corporate Governance egordon@osc.ny.gov …
https://www.osc.ny.gov/common-retirement-fund/resources/nys-common-retirement-fund-contactsDiNapoli Announces New $7 Million Investment in Northern Ireland
… (Fund) is investing $7 million (£5 million) in Northern Ireland through the Bank of Ireland Kernel Capital Growth Fund (NI). The fund, managed by … Kernel Capital, was established in 2013 by Invest Northern Ireland and Bank of Ireland to assist Northern Ireland based …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… III, U.S. Department of State Special Envoy for Northern Ireland Economic Affairs and Bernard McGuire, Managing … a new $50 million commitment to invest in Northern Ireland companies from the New York State Common Retirement … a Washington D.C. based investment manager. “Northern Ireland’s dynamic economy has proven a good investment for …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-irelandPlattekill Public Library – Procurement and Investment of Funds (2020M-143)
… of professional services and ensure competition is obtained for such services. Ensure future investments are …
https://www.osc.ny.gov/local-government/audits/library/2021/04/16/plattekill-public-library-procurement-and-investment-funds-2020m-143State Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… The state pension fund has committed an additional $50 million for investments in New York State-based companies through its In-State Private Equity … The program has returned nearly $300 million to the state pension fund and supported thousands of jobs across the …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesNYS Comptroller DiNapoli Appoints First Director of Sustainable Investments and Climate Solutions
… climate-related investments,” DiNapoli said. “Climate change is an increasingly urgent risk facing all investors, …
https://www.osc.ny.gov/press/releases/2020/01/nys-comptroller-dinapoli-appoints-first-director-sustainable-investments-and-climate-solutionsDepew Union Free School District – Investment Program (2023M-77)
… School District (District) officials developed and managed a comprehensive investment program. Key Findings District officials did not develop and manage a comprehensive investment program. The Business … Over a 16-month period, officials missed an opportunity for the District to realize approximately $487,000 in …
https://www.osc.ny.gov/local-government/audits/school-district/2023/10/20/depew-union-free-school-district-investment-program-2023m-77State Comptroller DiNapoli Releases Municipal & School Audits
… financial duties and act as a bookkeeper, which is an incompatible position or duty. Lastly, ten individuals … storage tank on the land and installed water lines, there is no existing water district or documented plans to …
https://www.osc.ny.gov/press/releases/2024/01/state-comptroller-dinapoli-releases-municipal-school-auditsWeekly Investment Plan
… Weekly Investment Plan Calculator Weekly Investment Age $5 $10 $25 $50 $75 $100 18 103,716 207,431 518,578 1,037,157 … 140,423 51 6,281 12,562 31,406 62,812 94,219 125,625 52 5,593 11,186 27,965 55,930 83,894 111,859 53 4,953 9,905 … only and does not represent past or future performance of any specific investment. This calculator should not be the …
https://www.osc.ny.gov/retirement/resources/weekly-investment-planDiNapoli Announces $200 Million Commitment for Opportunistic Investments
… Retirement Fund (Fund) has allocated $200 million to Pine Street Alternative Asset Management for opportunistic … Conference in Albany today. "I am pleased to welcome Pine Street as an investment partner for our Emerging Manager … ($300 million) and opportunistic ($200 million). “Pine Street is honored to partner with the New York State Common …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-announces-200-million-commitment-opportunistic-investments