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EcoNews Summer 2020
Even as we grapple with the serious public health and economic challenges stemming from the Covid-19 pandemic, climate change continues to represent an urgent and growing threat.
https://www.osc.ny.gov/files/reports/special-topics/pdf/econews-summer-2020.pdfDiNapoli: MTA's Plan to Pull Trash Cans Didn't Make Stations Cleaner
… controversial, and seemingly counterintuitive, experiment to reduce exposed trash and rats in subway stations by … receptacles showed little evidence of success, according to an audit released by his office today. "There's no … launched its "Trash Can Free Stations Pilot Program" to help mitigate straphangers' "poor customer experience of …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-mtas-plan-pull-trash-cans-didnt-make-stations-cleanerNY State Common Retirement Fund Selects New Deputy Chief Investment Officer
… to the position of Deputy Chief Investment Officer for the $181.7 billion New York State Common Retirement Fund. … build on the gains we have made in recent years and look for innovative opportunities that offer attractive, … to the position of Deputy Chief Investment Officer for the $1817 billion New York State Common Retirement Fund …
https://www.osc.ny.gov/press/releases/2015/02/ny-state-common-retirement-fund-selects-new-deputy-chief-investment-officerControls Over Cash Advance Accounts
… advance accounts by transferring the funds to an unrelated account, without notifying the Office of the State … them to OSC as required by State law. Parks’ Petty Cash Account, which had not been reconciled in at least four … authorized, and Parks officials were unable to explain or account for the surplus. Parks inappropriately used Petty …
https://www.osc.ny.gov/state-agencies/audits/2014/12/22/controls-over-cash-advance-accountsNYS Common Retirement Fund Announces Third Quarter Results
… The New York State Common Retirement Fund’s overall return in the third quarter of the Fund’s 2015-2016 fiscal year was … of its third quarter. “The Fund experienced some recovery in the third quarter as markets continued to challenge … long term investor, however, the Fund measures its success in years and decades, not months. We’re focused on prudent …
https://www.osc.ny.gov/press/releases/2016/02/nys-common-retirement-fund-announces-third-quarter-resultsAccess Requirements for Retirement Online Pages and Notifications – When Employees Retire
… The Contact and Security Administrators at your organization are responsible for reviewing and updating contact information and security roles for … Contact and Security Administrators at your organization review and update access for those who need to submit information to NYSLRS when …
https://www.osc.ny.gov/retirement/employers/when-employees-retire/access-requirements-retirement-online-pages-and-notificationsState Agencies Bulletin No. P-823
Increase Retirement Arrears Numbers of Periods
https://www.osc.ny.gov/files/state-agencies/payroll-bulletins/pdf/agencies-p-823.pdfComptroller DiNapoli & A.G. Schneiderman Announce Sentence of Brooklyn Man for Stealing Over $22K in Deceased Mother's Pension Benefit
… and sentenced to 1 ½ to 3 years in state prison by the Honorable Elizabeth Foley in Kings County Supreme Court. …
https://www.osc.ny.gov/press/releases/2017/05/comptroller-dinapoli-ag-schneiderman-announce-sentence-brooklyn-man-stealing-over-22k-deceasedState Agencies Bulletin No. 1037
… year. As new overpayments are established after January 1, 2011, agencies should make it clear to employees that …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1037-taxation-recovered-salary-overpaymentsAgency Financial Reporting Package after Retirement Online
Agency Financial Reporting Package after Retirement Online
https://www.osc.ny.gov/files/retirement/retirement-online/pdf/agency-financial-reporting-package-user.pdfProperty Tax Cap Retirement Exclusions – School Districts
View the Retirement Exclusion Percentage for School Districts
https://www.osc.ny.gov/files/local-government/property-tax-cap/pdf/retire-exclusions-schools.pdfProperty Tax Cap: Retirement Exclusions – Local Governments
Property Tax Cap Retirement Exclusions – Local Governments
https://www.osc.ny.gov/files/local-government/property-tax-cap/pdf/retirement-exclusions-for-local-governments.pdfNYS Common Retirement Fund Reports First Quarter Results
… quarter of the State Fiscal Year (SFY) 2021-22 was 5.82% for the three-month period ending June 30, 2021, according to … first quarter of the State Fiscal Year SFY 202122 was 582 for the threemonth period ending June 30 2021 according to …
https://www.osc.ny.gov/press/releases/2021/08/nys-common-retirement-fund-reports-first-quarter-resultsOpinion 88-20
… which, among other things, change a county seat. For purposes of article III, §1, a local act has been …
https://www.osc.ny.gov/legal-opinions/opinion-88-20New York’s Labor Force: Assessing 10-Year Trends and Pandemic Setbacks
… and grow in New York, and it matters for the fiscal health of the State and local governments. New York’s strength has … labor force was more severe than in other states: the size of the workforce declined more rapidly than the rest of … force. Major findings include: Between 2011 and 2021, the size of the New York labor force declined 1 percent while it …
https://www.osc.ny.gov/reports/new-yorks-labor-force-assessing-10-year-trends-and-pandemic-setbacksNY State & City Comptrollers, State Treasurers: Federal Bill Attempts to Silence Investors
… Commission permits investors holding $2,000 of company stock for at least one year to file a shareholder proposal. … a proposal and require shareholders own 1% of company stock for three years before putting a proposal forward for a … require an investor to own more than $2.6 billion in the stock of a top 10 U.S. company, more than $1.5 billion in the …
https://www.osc.ny.gov/press/releases/2017/06/ny-state-city-comptrollers-state-treasurers-federal-bill-attempts-silence-investorsAccounts Payable Advisory No. 43
… changes: Chapter Name Description of Change X.3.A Online Vendor Add Portal Updated to include new requirements for adding vendors … address and email; Also updated to reorder X.3 X.3.A Vendor Request Mass Add Updated to include new requirements …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/43-gfo-updates-supplier-prompt-payment-interest-and-moreRequest for Withdrawal from Section 384 (PF5094)
For NYSLRS PFRS members to withdraw their election to contribute under the provisions of Section 384 of the Retirement and Social Security Law, permitting retirement after 25 years of allowable police or fire service.
https://www.osc.ny.gov/files/retirement/forms/pdf/pf5094.pdfState Comptroller DiNapoli, Congresswoman Meng and Council Member Ung Return Lost Money to Flushing Businesses
… visited local, small businesses in Flushing Queens Saturday to present owners with unclaimed funds checks. … as far back as the 1940s. Money returned in Queens on Saturday: Insurance Brokerage (located at 4110 Main St.) had … DiNapoli visited local small businesses in Flushing Queens Saturday to present owners with unclaimed funds checks …
https://www.osc.ny.gov/press/releases/2026/03/state-comptroller-dinapoli-congresswoman-meng-and-council-member-ung-return-lost-money-flushingEfforts to Collect Tolls and Fees Using License Plate Images and Law Firms (Follow-Up)
… vehicles per year and carries more traffic than any other bridge or tunnel authority in the nation. Toll revenues from … without payment of the toll prescribed by the Triborough Bridge and Tunnel Authority at the regularly established … TBTA’s contracted law firms were not effective in collecting outstanding receivables from persistent toll …
https://www.osc.ny.gov/state-agencies/audits/2021/10/07/efforts-collect-tolls-and-fees-using-license-plate-images-and-law-firms-follow