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DiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… New York State Comptroller Thomas P. DiNapoli announced the New York … "For the third year in a row, there will be a decline in pension contribution rates as a result of solid investment … the median assumed rate of return for public pension funds is 7.75 percent. The audited value of the New York …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnComptrollers DiNapoli & Stringer Call on Corporations to Protect LGBT Rights Around World
… letter today on behalf of the state and city pension funds to 20 major U.S. corporations urging them to uphold LGBT … the rights of their LGBT workers, no matter where they live and work," Comptroller Stringer said. "We want our … States with more than one million members, retirees and beneficiaries from state and local governments. The Fund has …
https://www.osc.ny.gov/press/releases/2014/06/comptrollers-dinapoli-stringer-call-corporations-protect-lgbt-rights-around-worldComptroller DiNapoli Releases Municipal Audits
… fiscal climate, budget transparency and accountability for our local communities is a top priority,” said DiNapoli. … the Justice Court (Rensselaer County) Aggregated purchases for heating oil and diesel fuel were not competitively bid as … do not include sufficient detail, such as specific plans for the recovery of previously provided financial assistance …
https://www.osc.ny.gov/press/releases/2016/01/comptroller-dinapoli-releases-municipal-auditsDiNapoli: MTA'S Homeless Outreach Program Didn't Do Much Outreach
… can see firsthand that homelessness is a growing problem in the transit system, but the MTA is not doing enough to … seeking assistance. Some outreach workers spent more time in the office than reaching out and filed inaccurate and … the MTA daily, weekly and monthly. BRC’s reports are used in the MTA’s Homeless Outreach Program (HOP) database. …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-mtas-homeless-outreach-program-didnt-do-much-outreachDiNapoli Releases Analysis of State Financial Plan, Warns of Federal Risks
… New York state is facing signs of increasing fiscal challenges, … this provision would impact the state budget as well as service providers and individuals who depend on state …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-releases-analysis-state-financial-plan-warns-federal-risksNY State Pension Fund and Church Commissioners for England Call for Exxon to Separate Board Chair and CEO Positions
… of the New York State Common Retirement Fund (the Fund) and Edward Mason, Head of Responsible Investment at Church … to adequately address significant shareholder concerns and properly account for climate risk in its operations, even … to join us in voting to separate the roles of chair and CEO.” Edward Mason said, “Exxon continues to lag its …
https://www.osc.ny.gov/press/releases/2019/05/ny-state-pension-fund-and-church-commissioners-england-call-exxon-separate-board-chair-and-ceoDiNapoli and Stewart-Cousins Encourage Residents to Claim More Than $100 Million in Lost Money
… today encouraged local residents to search for unclaimed funds, also known as lost and forgotten money, …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-and-stewart-cousins-encourage-residents-claim-more-100-million-lost-moneyDiNapoli: Some Affordable Apartments for Seniors Left Vacant for Years
… that there is more they can do to make sure those next in line are not passed over and that available apartments … low-income seniors. SARA provides low-interest loans for building and renovating affordable housing for seniors aged … been vacant for more than three years. The other furnished apartment was awarded for 13 months but, as of May 2022, had …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-some-affordable-apartments-seniors-left-vacant-yearsNYS 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 … to transition to the emerging net zero economy. “Oil and gas companies face significant and complex economic, … of the largest public pension funds in the United States, with assets of $272.1 billion as of March 31, 2022. The Fund …
https://www.osc.ny.gov/press/releases/2022/08/nys-pension-fund-launches-review-integrated-oil-gas-companiesDiNapoli: Report Warns of Growing State Debt
… New York's state-funded debt is projected to reach $63.7 … to $71.8 billion, according to a report issued today by New York State Comptroller Thomas P. DiNapoli. The …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-report-warns-growing-state-debtOpinion 92-38
… CHIEF -- Powers and Duties (continuation of service until new chief appointed) -- Vacancy (procedure for filling in … department fire chief and the department fails to submit a new nomination, the village board may not appoint a new …
https://www.osc.ny.gov/legal-opinions/opinion-92-38DiNapoli: Many Homeless Shelters in Poor Condition
… a parent organization. Since they receive no government money, these facilities generally receive even less oversight …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-many-homeless-shelters-poor-conditionDiNapoli: Former Town Clerk Pleads Guilty to Stealing Nearly $4,000 From Town of Lincoln
… New York State Comptroller Thomas P. DiNapoli, Chenango … for her personal use. Becker pleaded guilty before Judge Stephanie Palmer in the Town of Lenox Court. She was ordered …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-former-town-clerk-pleads-guilty-stealing-nearly-4000-town-lincolnDiNapoli Expands State Spending Transparency on OpenBookNewYork.com
New York State Comptroller Thomas P DiNapoli announced today that New Yorkers can now trace state spending back to the funding source or program on openbooknewyorkcom an easytouse search tool for the public to see how their tax dollars are being spent
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-expands-state-spending-transparency-openbooknewyorkcomDiNapoli Seeks Increased Diversity at Pension Fund's Portfolio Companies
… the assets of the New York State and Local Retirement System on behalf of more than one million state and local …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-seeks-increased-diversity-pension-funds-portfolio-companiesDiNapoli: Lockport Facing Severe Cash Flow Problems
… The city of Lockport will run out of cash to pay for operations in the very near future unless it … office without reliable financial information that would have alerted them to the impending financial crisis. The …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-lockport-facing-severe-cash-flow-problemsDiNapoli: Audit Finds NYC Needs to Improve Income Verification and Enforcement at Mitchell-Lama Housing
… reporting a wide range of incomes. According to this data, more than half had incomes below $50,000, while 230 … to the New York State Department of Taxation and Finance (Tax and Finance) for verification. The 2012 affidavits were the most recent …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-audit-finds-nyc-needs-improve-income-verification-and-enforcement-mitchell-lama-housingDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… among state public pension funds is 7.0% as of August 2021, according to the National Association of State … are plans that have a fiscal year end date of June 30, 2021 and many have already announced intentions to lower … with estimated assets of $268.3 billion as of June 30, 2021. The Fund holds and invests the assets of the New York …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemSome NY Schools Not Reporting Bullying or Harassment
… Many New York schools fall short when it comes to protecting … according to an audit released in Rochester today by New York State Comptroller Thomas P. DiNapoli. The audit released today examined New York state schools’ compliance with the Dignity for All …
https://www.osc.ny.gov/press/releases/2017/10/some-ny-schools-not-reporting-bullying-or-harassmentSelected Aspects of Accommodations for Passengers With Disabilities
… Objective To determine whether the Port Authority of New York and New Jersey (PANYNJ) has complied with selected requirements … public entity created to control the port district of New York and New Jersey, maintaining the trade and travel …
https://www.osc.ny.gov/state-agencies/audits/2021/07/29/selected-aspects-accommodations-passengers-disabilities