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State Agencies Bulletin No. 286
… Purpose This bulletin updates Payroll Bulletin 201 in relation to the processing and taxation of educational … This bulletin updates Payroll Bulletin 201 in relation to the processing and taxation of educational …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/286-educational-assistance-benefitsDiNapoli: NYC Projects Budget Surplus For 2017, But Faces Risks With Federal Budget Cuts
… New York City exceeds $18 billion. Any federal cuts to the Health and Hospitals Corp., the New York City Housing … the House of Representatives approved the American Health Care Act, which, if it became law, would reduce future … Stabilization Reserve. It has also replenished the Retiree Health Benefits Trust, which now has a balance of $4 billion. …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-nyc-projects-budget-surplus-2017-faces-risks-federal-budget-cutsOpinion 92-47
… provisions relative to surcharges for enhanced emergency telephone systems. Section 307 of the County Law provides … shall accrue to and become a part of such fund; Local Finance Law, §165.00[b][3], restricting the use of interest …
https://www.osc.ny.gov/legal-opinions/opinion-92-47Investors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… week asked the Securities and Exchange Commission (SEC) to reject ExxonMobil’s plan to block a shareholder proposal for information on how the company will be impacted by public policies seeking to rein in climate change. DiNapoli, as trustee of the New York State Common …
https://www.osc.ny.gov/press/releases/2016/02/investors-ask-sec-reject-exxons-attempt-silence-questions-climate-changeDiNapoli: NY Pension Fund Reaches Climate Agreements With Five Portfolio Companies
… risks and/or set water quality and quantity targets, while Realty Income Corp., a real estate investment trust, agreed …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-ny-pension-fund-reaches-climate-agreements-five-portfolio-companiesNYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… percent of payroll for the Employees’ Retirement System (ERS) and from 24.4 percent to 28.3 percent of payroll for the … and hurt Main Street, we are fortunate that our state pension fund entered this uncertain time as one of the … assumption next year. In 2019, DiNapoli lowered the state pension fund’s assumed rate from 7 percent to 6.8 percent. …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22DiNapoli: Independent Review Finds State Pension Fund Operates at Highest Ethical and Professional Standards
… An independent fiduciary and conflict of interest review of the $291.4 billion New York State Common Retirement Fund (Fund) recognized the Fund for its exemplary investment oversight, risk … Released today by State Comptroller Thomas P. DiNapoli, the review concluded the Fund operates with the highest …
https://www.osc.ny.gov/press/releases/2026/01/dinapoli-independent-review-finds-state-pension-fund-operates-highest-ethical-and-professionalFederal Spending by Major Funding Streams and Functions – Federal Funding and New York
… share of federal receipts – an estimated 87 percent in SFY 2026 – supports health and human services programs. Federal … Disbursements in New York State Budget by Function, SFY 2026 Note: Figures are as projected in January 2025 Source: … providing assistance to New Yorkers include the Low Income Home Energy Assistance Program and meals for school …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-spending-major-funding-streams-and-functionsState Parks a Growing Attraction
… Agency Attendance reporting system, into which each state park facility reports estimated attendance information. At … is greatest in the Long Island, Niagara and New York City regions. Figure 2 – 2025 State Park Attendance by Region … Long Island 28,706,873 Niagara 13,203,071 New York City 10,108,307 Saratoga/Capital 6,371,741 Palisades …
https://www.osc.ny.gov/reports/state-parks-growing-attractionXI.11.G Equipment Acquisition – XI. Procurement and Contract Management
… opportunity costs associated with the given good; and the life span and associated life cycle costs. Life cycle costs … should be purchased, either outright or over an extended term, or whether it should be leased. There are a number of … Equipment manufacturer or a manufacturer's subsidiary credit corporation. Private third-party financing company …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi11g-equipment-acquisitionCUNY Bulletin No. CU-797
… TE NYS Nurses Assoc TG DC-37 Local 375 TH DC-37 Local 384 TI IATSE Lo 1 TJ DC-37 Local 375 TK DC-37 Local 2054 TM DC-37 … does not include this information, OSC will be mailing a Request for Special Wage Payment Report to inactive … Recipients of this mailing will be asked to fill out the request and return it to OSC for inclusion on the Special …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-797-city-university-new-york-cuny-ratification-bonus-paymentOpinion 2003-7
… in the opinion. PARKS AND RECREATION -- Moneys in Lieu of Park Land (use of for preliminary costs and feasibility studies) ZONING AND PLANNING -- Park Lands (use of park trust moneys for preliminary costs and feasibility … costs related to a capital improvement at a town park …
https://www.osc.ny.gov/legal-opinions/opinion-2003-7Empire BlueCross BlueShield – Controls Over Payments for Special Items
… range of services including, but not limited to, hospital services, office visits, home care, medical … rate schedules for the payment of inpatient and outpatient hospital services. Empire’s hospital contracts also allow certain special items, such as …
https://www.osc.ny.gov/state-agencies/audits/2017/06/22/empire-bluecross-blueshield-controls-over-payments-special-itemsDiNapoli: State Financial Condition Improving
… fiscal year 2014-15. The Division of the Budget (DOB) is expected to release an Enacted Budget Financial Plan … or other one-time purposes, as DiNapoli has stressed is appropriate for one-time resources. However, the budget … be used largely at the discretion of the Executive. There is no comprehensive or standardized mechanism to track the …
https://www.osc.ny.gov/press/releases/2015/04/dinapoli-state-financial-condition-improvingWhat is a Defined Benefit Plan?
… by many private employers. Perhaps the greatest benefit is that, once you meet the minimum age and service … Financial advisers recommend employees contribute at least 10 percent of their gross earnings to their defined … may pay a set amount; or they may “match” all or part of what an employee contributes. Investments Contributions from …
https://www.osc.ny.gov/retirement/members/defined-benefit-planXIV.5 Employee Award Programs – XIV. Special Procedures
… guest of their choice will receive meals valued at $19 per plate. Result - All costs associated with the awards and the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv5-employee-award-programsState Comptroller DiNapoli Releases Audits
… $8.3 million from four leases at the World Trade Center (WTC) during the period June 2014 through November 2019. This …
https://www.osc.ny.gov/press/releases/2021/06/state-comptroller-dinapoli-releases-auditsDiNapoli Calls for NYC to Bolster Reserves as Economy Rebounds Amid Rising Spending
… York City faces economic uncertainty as it emerges from the pandemic,” DiNapoli said. “The city must balance the … significantly higher than traditional spending increases at this point in the fiscal year. Revenue Upside Boosts … lower pension expenses, which have been fueled by strong market returns in FY 2021 and are expected to offset future …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-calls-nyc-bolster-reserves-economy-rebounds-amid-rising-spendingDiNapoli: MTA Financial Outlook in Precarious Balance
… needs to address before emergency federal funds dry up in 2025. After that, the MTA faces enormous budget shortfalls … more than $1 billion of deficit financing, a dangerous practice of long-term borrowing to pay for short term needs … funding, timely implementation of the congestion pricing program could bring more riders and funding to the system and …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-mta-financial-outlook-precarious-balanceDiNapoli: MTA Fiscal Outlook Continues To Improve but Uncertainties Tied to Federal Actions Cloud Future
… Authority’s (MTA) finances is increasingly reliant on its ability to find significant savings, grow ridership, and … is reliant on some revenue streams that are outside its ability to control, including reimbursements from the Federal … Authoritys MTA finances is increasingly reliant on its ability to find significant savings grow ridership and …
https://www.osc.ny.gov/press/releases/2025/10/dinapoli-mta-fiscal-outlook-continues-improve-uncertainties-tied-federal-actions-cloud-future