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Independent Oversight: OSC's Contract Review Safeguards Public Funds
… Officer, the Comptroller is responsible for ensuring State and local governments use taxpayer money effectively and efficiently. One way the Office of the State Comptroller … contracts. This independent oversight deters waste, fraud and abuse; ensures the integrity of the process; and protects …
https://www.osc.ny.gov/reports/independent-oversight-osc-contract-review-safeguards-public-fundsDiNapoli: Priceline Commits to Improve Gender and Racial Diversity on its Board of Directors
… diversity among the qualities it will actively seek in its board members. When the Fund filed its request for Priceline to commit to board diversity, the company had just one female director. In … it added a second female director to its now 11-person board. “We encourage our portfolio companies to commit to a …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-priceline-commits-improve-gender-and-racial-diversity-its-board-directorsDiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… New York State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $242.3 … to increase accountability and transparency. About the New York State Common Retirement Fund The New York State …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… to handle any market fluctuations. Our pensioners, members and beneficiaries can remain confident that their benefits are safe thanks to our prudent management and long-term perspective.” The Fund's value reflects retirement and death benefits of $4.09 billion paid out during the …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterState Agencies Bulletin No. 2207
… with the number and street of the recipient from Modify a Person. Box 13d: Recipient’s City or town, province or … or foreign postal code for the recipient from Modify a Person. Box 13e: Recipient’s U.S. TIN (If Applicable) This … (SSN) as written in the National ID field on the Modify a Person page or the Taxpayer Identification Number (TIN) as …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2207-form-1042-s-foreign-persons-u-s-source-income-subject-withholdingState Agencies Bulletin No. 2112
… to inform agencies of the content information for the 2022 Form 1042-S. Affected Employees All Nonresident Aliens … affected Background According to the IRS instructions for Form 1042-S, amounts subject to reporting on Form 1042-S are those that are paid to foreign persons …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2112-form-1042-s-foreign-persons-u-s-source-income-subject-withholdingState Agencies Bulletin No. 2418
… is to inform agencies of the content information for the 2025 Form 1042-S. Affected Employees: All Nonresident … because of a Treaty or Exemption code. Effective Dates: 2025 Form 1042-S will include earnings paid in paychecks … 01/15/2025 through 12/31/2025 2025 Form 1042-S Content: The information which will appear …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2418-form-1042-s-foreign-persons-u-s-source-income-subject-withholdingState Agencies Bulletin No. 2317
… to inform agencies of the content information for the 2024 Form 1042-S. Affected Employees: All Nonresident Aliens … Background: According to the IRS instructions for Form 1042-S, amounts subject to reporting on Form 1042-S are those that are paid to foreign persons …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2317-form-1042-s-foreign-persons-u-s-source-income-subject-withholdingDiNapoli Announces State Contract & Payment Actions for December
… $358 million and 1,390 payments valued at $1.9 million due to fraud, waste and other improprieties. As the state’s chief … are reasonable, the playing field is level and taxpayers get the best value for their money. The Comptroller’s office averages …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-announces-state-contract-payment-actions-decemberNYS Pension Fund Launches Review of Integrated Oil & Gas Companies
… (Fund) is evaluating 28 publicly traded integrated oil and gas companies to determine if they are prepared for the transition to a low-carbon economy, New York State … to transition to the emerging net zero economy. “Oil and gas companies face significant and complex economic, …
https://www.osc.ny.gov/press/releases/2022/08/nys-pension-fund-launches-review-integrated-oil-gas-companiesDiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… New York State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $259.9 … to increase accountability and transparency. About the New York State Common Retirement Fund The New York State …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… an estimated $6.7 million return, nearly four times the initial investment, and achieved an approximated 21 percent internal rate of return for the New York State Common Retirement Fund (Fund), New York State Comptroller Thomas P. DiNapoli announced today. The Fund invested in 5LINX through its In-State Private …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli Finds Subway Wait Times Got Worse from 2013 to 2014
… clear that it considers its wait time assessment to be its most important measurement of the reliability of subway …
https://www.osc.ny.gov/press/releases/2016/04/dinapoli-finds-subway-wait-times-got-worse-2013-2014DiNapoli: Five Major Companies Adopt Pension Fund's Call for Transparency on Political Contributions
… Valero Energy . Two other companies, Dean Foods and H&R Block , recently adopted disclosure of their corporate … the Fund's request: 2015 Dean Foods Eastman Chemical H&R Block Marathon Oil Valero Energy 2014 Comcast Corp. CF …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-five-major-companies-adopt-pension-funds-call-transparency-political-contributionsDiNapoli: Tax Exemptions Jump While Job Gains Slow for IDA Projects
… in 2013, up $105 million from 2012 but estimated job gains were nearly 23,000 lower than the previous year, … IDAs provided to private companies noticeably increased, job gains did not keep pace,” said DiNapoli. “IDAs can be an … the life of these projects, at a median cost of $2,095 per job gained. In 2012, cumulative job gains equaled 222,645 …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-tax-exemptions-jump-while-job-gains-slow-ida-projectsDespite Progress, Pay Gap for Women Persists
… 15.) In 2020, women earned 83 cents to every dollar earned by men, a wage gap of more than $10,435 based on median … for men and women who worked full-time, as reported by the U.S. Census Bureau. While this gap has improved from … since 2015. 1 The most recent state-level data published by the U.S. Census Bureau are for 2019. 2 In that year, …
https://www.osc.ny.gov/reports/despite-progress-pay-gap-women-persistsDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… “While the Fund is currently well-managed, compared to most peers it remains severely understaffed for its scale and …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingHow to Search & Claim Property
… All claims can be filed online within minutes, and most are paid within 30 days. We will contact you if any …
https://www.osc.ny.gov/unclaimed-funds/claimants/how-search-claim-propertyDiNapoli Statement on Lunar New Year
… "Happy Lunar New Year to all New Yorkers. My best wishes for an auspicious Year of the Goat that brings peace, prosperity and good … Happy Lunar New Year to all New Yorkers …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-statement-lunar-new-yearPayroll Improvement Project Bulletin No. PIP-003.1
… Purpose The purpose of this bulletin is to notify agencies of the process for updating and designating queries to be included in the upgrade migration. Affected Employees … at Go Live on March 15, 2021. Background OSC is preparing to upgrade PayServ from PeopleSoft version 9.1 to version …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/payroll-improvement-project/pip-0031-payroll-improvement-project-ps-query-updates-and