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State Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… Thomas P. DiNapoli today announced the New York State and Local Retirement System (NYSLRS) employer contribution … rates for State Fiscal Year 2020-21 will remain the same as the previous year for the Employees’ Retirement System (ERS) with a small increase in rates for the Police and Fire Retirement System (PFRS). DiNapoli is also dropping …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredDiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… York State Comptroller Thomas P. DiNapoli today announced that Vicki Fuller, chief investment officer of the New York State Common Retirement Fund (Fund), will retire … summer after a six-year tenure. "Under Vicki’s direction, the state pension fund has produced impressive investment …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-announces-vicki-fullers-retirement-cio-nys-common-retirement-fundDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… today announced reductions in employer contribution rates to the New York State and Local Retirement System … and Police and Fire Retirement System (PFRS). The adjusted rates will impact payments next State Fiscal Year 2022-23. In … said. “While the reduction in employer contribution rates is welcome news for taxpayers, our investment decisions …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemXII.5.D Selecting the Appropriate Location – XII. Expenditures
… instances where the OSC Vendor Management Unit will create Locations for a specific use. These locations cannot be viewed or edited by the vendor. Below is … CLAIM00101, CLAIM00201,…etc. To be used only by the Office of the State Comptroller (OSC) when making payments to …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii5d-selecting-appropriate-locationState Agencies Bulletin No. 601
… Purpose To explain how the OSC e-Government and payroll application (PayServ and Control-D) warnings and time-outs work and how to effectively manage multiple windows in PayServ and PS … To explain how the OSC eGovernment and payroll application PayServ and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/601-managing-osc-e-government-sessionsPipeline Safety Oversight
… Commission (PSC) is providing oversight of pipeline safety in accordance with State regulations and federal performance standards. Our audit scope covered … Commission is providing oversight of pipeline safety in accordance with State regulations and federal performance …
https://www.osc.ny.gov/state-agencies/audits/2016/03/08/pipeline-safety-oversightOverview – XI. Procurement and Contract Management
… Quick Contracting is intended to significantly lessen the time it takes for the Office of the State Comptroller (OSC) to audit and … that use an Invitation for Bid (IFB) are eligible for the Quick Contracting program if they meet the prescribed … Quick Contracting is intended to significantly lessen the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi6-overviewOpinion 94-12
… maintain and operate, with the lessee's own funds, a building on the vacant land, subject to applicable zoning, building code or other similar requirements. This is in reply … at its own expense, to construct, maintain and operate a building on the property. Town Law, §176(14) authorizes a …
https://www.osc.ny.gov/legal-opinions/opinion-94-12Opinion 88-35
… software whose performance or functions are unique in the marketplace may be acquired without competitive bidding under … of the item as compared to other products available in the marketplace; that no other product provides substantially … patented, whose performance or functions are unique in the marketplace. Accordingly, if a municipality objectively …
https://www.osc.ny.gov/legal-opinions/opinion-88-35NYS Common Retirement Fund Announces Third Quarter Results
… "A strong equities market continued to provide solid returns on investments during the last three months of 2017," … mortgages (23.7 percent), private equity (7.6 percent), real estate (6.5 percent), absolute return strategies (2.6 … spending, the state's 140,000 contracts, billions in state payments and public authority data. Visit the Reading Room …
https://www.osc.ny.gov/press/releases/2018/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Reports Second Quarter Results
… Common Retirement Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year (SFY) 2020-21 was 6.24 percent for the three-month … State Common Retirement Funds Fund estimated return in the second quarter of the State Fiscal Year SFY 202021 was 624 …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsNew Funding Needed for MTA Improvements to Prevent Unplanned Fare and Toll Hikes
… planned to improve a system that has deteriorated sharply in recent years, according to an analysis of the MTA’s … modernizing and expanding the largest mass transit agency in the nation is critically important to the future of the New York metropolitan region," DiNapoli said. "In the absence of adequate funding, the system could fall …
https://www.osc.ny.gov/press/releases/2017/11/new-funding-needed-mta-improvements-prevent-unplanned-fare-and-toll-hikesProgress Report: The MTA Capital Security Program - June 2007
In the wake of September 11, 2001, the MTA initiated intense planning efforts to determine how to best protect its customers and key assets.
https://www.osc.ny.gov/files/reports/osdc/pdf/report-2-2008.pdfNYS Common Retirement Fund Reports Estimated First Quarter Results
… return in the first quarter of the State Fiscal Year (SFY) 2022-23 was -8.24% for the three-month period ending June 30, 2022, according to New York State Comptroller Thomas … was $272.1 billion and the annual return was 9.51%. As of June 30, 2022, the Fund had 44.7% of its assets invested in …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsOpinion 88-66
… programs); (authority to release copyright) -- Powers and Duties (authority to market computer programs; (authority … particular computer program may be copyrighted. Your first question involves the provisions of the Federal Copyright Act … as a compilation, as an instructional text, as a test, as answer material for a test, or as an atlas, if the parties …
https://www.osc.ny.gov/legal-opinions/opinion-88-66Opinion 93-3
… or more contracts with physicians to perform the physical exams (Town Law, §176[9]). As to whether a contract for the … engage the services of physicians to perform the physical exams. We note, however, that the governing board of each …
https://www.osc.ny.gov/legal-opinions/opinion-93-3State Comptroller DiNapoli Releases Audits
… reserve or fund the repair reserve, as required. Town of Varick – Water and Sewer Operations (Seneca County) Town … and contracts. Wayne Central School District – Property Disposal (Steuben County) The school board and district … of district property. Auditors examined the district’s disposal of fifteen school buses and seven automated external …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-auditsNYS Common Retirement Fund Announces Third Quarter Results
… The CRF has consistently been ranked as one of the best managed and best funded plans in the nation. The CRF's fiscal year ends …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Pension Fund Launches Review of Integrated Oil & Gas Companies
… Fund (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 … readiness 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-companiesNYS Common Retirement Fund Reports Third Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal … period ending Dec. 31, 2020, and ended the quarter with an estimated value of $247.7 billion, according to New York … that has been the foundation of our success.” The Fund's estimated value reflects benefits of $3.44 billion paid out …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-results