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NY State Comptroller DiNapoli: Wells Fargo Needs to Pull Back the Curtain on Its Incentive Pay Program
… (the Fund), today announced that he has written to fellow Wells Fargo shareholders urging them to support his call for … been identified as contributing to the multiple crises at Wells Fargo," DiNapoli said. "Investors need to know whether …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-wells-fargo-needs-pull-back-curtain-its-incentive-pay-programAvailable Options – Article 14 Benefits
… beneficiary will receive the same monthly amount (without COLA) for life. If your beneficiary dies before you, all … receive a specific percentage of your benefit (without COLA) which you select (either 75, 50 or 25 percent) for his … the same monthly amount or one-half that amount (without COLA), depending on which option you elect, to your …
https://www.osc.ny.gov/retirement/publications/1644/available-optionsDiNapoli & Lander’s Proposal Calling on Wells Fargo Board to Report on Efforts to Prevent Discrimination and Harassment Wins Majority Support From Shareholders
… and New York City Comptroller Brad Lander called on Wells Fargo & Co.’s board of directors to publicly report on … as fiduciary to the city’s five public pension funds. “Wells Fargo employees are one of the company's most valuable …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-landers-proposal-calling-wells-fargo-board-report-efforts-prevent-discrimination-andDiNapoli: New York’s Employee Stock Ownership Plans Lead Nation in Assets
… encourage employee ownership more broadly by developing strategies to: Expand networks and partnerships of business …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-new-yorks-employee-stock-ownership-plans-lead-nation-assetsDiNapoli: New York State Common Retirement Fund Reaches Agreements with Companies on Disclosing Political Spending
… Five major U.S. companies have agreed to disclose their political spending … Comptroller Thomas P. DiNapoli announced today. DiNapoli’s political spending proposal at Twitter also received a … reached with casino and resort operator Las Vegas Sands Corp., computer networking company VeriSign Inc., cruise …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-new-york-state-common-retirement-fund-reaches-agreements-companies-disclosing-politicalNY State Comptroller Announces Appointment of Emerging Managers Director
… where he also serves as a Fordham Trustee Fellow. A photo of McClearn is available. About the New York State …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorDiNapoli: State Pension Fund Value $178.1 Billion
… “We continue to have confidence in our asset allocation for the long term. Our investment team is focused on ensuring … Returns for the Fund's Asset Classes (as of March 31, 2016)* …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionDiNapoli: New York State Pension Fund and Coca Cola Reach Agreement on Executive Pay
… of its employees when setting executive salaries, aiming to bring them into closer alignment, State Comptroller Thomas … withdrew its shareholder resolution with the Atlanta-based beverage giant. “Pay for CEOs and other corporate executives … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-new-york-state-pension-fund-and-coca-cola-reach-agreement-executive-payDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… creates opportunities for the state pension fund to invest in the companies and funds that are best positioned for the low-carbon future,” DiNapoli said. … It has consistently been ranked as one of the best managed and best funded plans in the nation. Find out …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsNYS Comptroller DiNapoli on Amazon's Racial Diversity, Equity and Inclusion Practices
… statement today in advance of Amazon’s Annual Meeting on Wednesday, May 26, 2021, at 9:00 a.m., Pacific Time. DiNapoli … addressing inequities and protecting the company’s long-term success. “Jeff Bezos has been an outspoken advocate in …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-amazons-racial-diversity-equity-and-inclusion-practicesNYS Comptroller DiNapoli: Amazon Must Ensure Its Business Is Not Adding to Racial Inequality
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (the Fund) has … in May 2020, a declaration of its “solidarity with the Black community—our employees, customers, and partners—in the … Retirement Fund The New York State Common Retirement Fund is the third largest public pension fund in the United …
https://www.osc.ny.gov/press/releases/2020/12/nys-comptroller-dinapoli-amazon-must-ensure-its-business-not-adding-racial-inequalityVillage of North Haven – Collections (2024M-99)
… and have initiated or indicated they planned to initiate corrective action. … Determine whether Village of …
https://www.osc.ny.gov/local-government/audits/village/2024/11/27/village-north-haven-collections-2024m-99DiNapoli Presses Companies on Political Disclosure
… seeking the same disclosure from eight more of the Fund’s portfolio companies, including Duke Energy Corp. and Wynn Resorts Ltd. The remaining proposals request … filed with Hilton was withdrawn. Since the 2010 U.S. Supreme Court's Citizens United ruling striking down …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-presses-companies-political-disclosureExxon's Investors Call for Meaningful Climate Risk Plan
… of carbon emission restrictions and lower demand for fossil fuels. The company's assessment of any impact those …
https://www.osc.ny.gov/press/releases/2017/04/exxons-investors-call-meaningful-climate-risk-planNY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… to our investments. This reduces our fund’s exposure to fossil fuels. Consistent with my fiduciary duty to maximize …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investDiNapoli: Pennsylvania Man Impersonated Deceased Father to Steal His NYS Pension and Social Security Payments
… Comptroller Thomas P. DiNapoli, the United States Attorney for the Eastern District of Pennsylvania, the Social Security … "Defendant Gritman physically represented himself as his elderly father to steal funds from the SSA. His guilty plea … photographic evidence of his father holding a current ID card, Timothy Gritman sent investigators a picture of …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-pennsylvania-man-impersonated-deceased-father-steal-his-nys-pension-and-social-securityNYS Comptroller DiNapoli Continues to Hold Corporate America Accountable for Poor Climate Policies
… to have corporations improve their environmental policies and practices and take steps to address climate risk. … climate change’s impact and to set meaningful goals for lowering their emissions and using renewable energy … sources,” DiNapoli said. “There is no single magic bullet for addressing climate change, but we are continuing to move …
https://www.osc.ny.gov/press/releases/2019/09/nys-comptroller-dinapoli-continues-hold-corporate-america-accountable-poor-climate-policiesDiNapoli: New York State Common Retirement Fund Reaches Agreements With Portfolio Companies on Political Spending
… Three major U.S. companies have agreed to fully disclose their political … announced today. Agreements were reached with: VF Corp. , the maker of clothing lines such as The North Face … States; and Brown-Forman Corp. , the maker of Jack Daniel’s whiskey. As a result, shareholder resolutions filed by the …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-york-state-common-retirement-fund-reaches-agreements-portfolio-companies-politicalContribution Rates – Employer Contributions and Rates
… higher annual costs. For example, if an employer chooses to provide a service-based plan which allows members to … benefits subsidizing employers with better benefits. How Contribution Rates Are Determined The NYSLRS’ Actuary is … contributions. Rev. 9/25 … Contribution rates used to calculate annual employer contributions are actuarially …
https://www.osc.ny.gov/retirement/employers/contributions/contribution-ratesState Agencies Bulletin No. 845
… Purpose To provide guidelines and procedures for determining if a … to these benefits, and could jeopardize the tax-favored status of benefits provided to all employees. OSC Actions OSC … no material differences in the factual circumstances that apply to a group of similarly situated workers, then one …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/845-agency-compliance-internal-revenue-service-irs-policy-regarding-worker