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DiNapoli: New York State Common Retirement Fund Reaches Agreements With Portfolio Companies on Political Spending
… election cycles, business PACs accounted for between 68.6 percent ($310 million in 2009-10) and 72.8 percent ($379 … and Agreements: The Kroger Co. – Withdrawn with agreement Sysco Corp. – Withdrawn with agreement Hilton Worldwide …
https://www.osc.ny.gov/press/releases/2020/08/dinapoli-new-york-state-common-retirement-fund-reaches-agreements-portfolio-companies-politicalDiNapoli: State Pension Fund Value $192 Billion
… that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … said. “New York state’s pension fund is at a record value based on prudent long term asset allocation. We …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… grateful for the trust Comptroller DiNapoli has placed in me over the years,” Titarchuk said. “Working with the Fund’s … in state payments and public authority data. Visit the Reading Room for contract FOIL requests, bid protest …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundNYS Common Retirement Fund Announces First Quarter Results
… three-month period ending June 30, 2016, with an estimated value of $181 billion, according to New York State … ongoing market fluctuations.” The Fund's estimated value reflects benefits paid out during the quarter. The Fund’s audited value as of the March 31, 2016 end of the state fiscal year …
https://www.osc.ny.gov/press/releases/2016/08/nys-common-retirement-fund-announces-first-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… quarter of state fiscal year 2016-2017 was 3.51 percent for the three-month period ending Sept. 30, 2016, with an … sustainable returns that provide retirement security for our 1.1 million members, retirees and their … quarter of state fiscal year 20162017 was 351 percent for the threemonth period ending Sept 30 2016 with an …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… Fund's (Fund) overall return in the second quarter of the state fiscal year 2017-2018 was 3.67 percent for the … period ending Sept. 30, 2017, with an estimated value of $201.3 billion, according to New York State Comptroller … exceeded the strong performance we saw at the start of the fiscal year," DiNapoli said. "The Fund's value …
https://www.osc.ny.gov/press/releases/2017/11/nys-common-retirement-fund-announces-second-quarter-resultsSelected Procurement and Contracting Practices
… Travel Expenses (2012-S-100) Stony Brook University Hospital: Health Information Management Department - Selected …
https://www.osc.ny.gov/state-agencies/audits/2015/07/06/selected-procurement-and-contracting-practicesContract Advisory No. 31
… number SFS users will create a contract transaction in the SFS using the contract identification number based on … authorized agreement SFS users will create a transaction in the SFS using an “OC” prefix to identify the transaction … The Expire Date should be the last day of the fiscal year in which the purchase will be made unless the purchase …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/31-purchases-ogs-centralized-contractsState Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
… P. DiNapoli today announced the New York State and Local Retirement System (NYSLRS) employer contribution rates for … 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 the …
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… both of its systems – the Employees’ Retirement System (ERS) and Police and Fire Retirement System (PFRS). The … The estimated average employer contribution rate for ERS will be lowered from 16.2% to 11.6% of payroll. The … There are more than 3,000 participating employers in ERS and PFRS, and more than 300 different retirement plan …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemWayne Central School District – Property Disposal (2021M-161)
… officials do not have assurance that they received the best value for this property. We noted similar deficiencies … written policy and detailed procedures for the sale and disposal of District property to ensure that the District receives the best possible value for its surplus property. District …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/wayne-central-school-district-property-disposal-2021m-161Efforts 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-followMount Vernon City School District – Procurement of Natural Gas (2019M-91)
… (District) Board and District officials procured natural gas at the most favorable terms and in the best interest of … The Board and District officials did not procure natural gas in accordance with New York State General Municipal Law … Board and District officials: Did not monitor the natural gas rates charged by the energy supply company (ESCO) or …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/15/mount-vernon-city-school-district-procurement-natural-gas-2019m-91DiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… announced that Vicki Fuller, chief investment officer of the New York State Common Retirement Fund (Fund), will … investment returns, averaging an annual growth rate of more than 8.75 percent. The Fund has gained significant value and led the nation as one of the best managed public pension funds. Her legacy and …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-announces-vicki-fullers-retirement-cio-nys-common-retirement-fundProgress 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.pdfPipeline Safety Oversight
… of pipeline safety in accordance with State regulations and federal performance standards. Our audit scope covered … 1, 2013 through October 21, 2015. Background The Pipelines and Hazardous Materials Safety Administration (PHMSA) within … To do this, it delegates some of its authority to states and provides partial reimbursement for the costs they incur. …
https://www.osc.ny.gov/state-agencies/audits/2016/03/08/pipeline-safety-oversightOpinion 88-35
… of commodity and professional services) -- Sole Source (acquisition of unique computer software) -- Contracts … of the contract is the primary or predominant part of the acquisition and whether there is an inextricable integration … Erie County , 34 AD2d 289, 310 NYS2d 953; 1A Antieau, Mun Corp Law, §10.33). Competitive bidding also is not required …
https://www.osc.ny.gov/legal-opinions/opinion-88-35Opinion 94-12
… DISTRICTS -- Powers and Duties (authority to negotiate lease of unneeded real property) REAL PROPERTY -- Leases (authority to negotiate lease of unneeded real property) TOWN LAW, §176(14): A fire district may, without referendum, negotiate a lease of a portion of its vacant land with a not-for-profit …
https://www.osc.ny.gov/legal-opinions/opinion-94-12State 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-sessionsOpinion 88-66
… e.g., Town of Clarkstown v Reeder , 566 F Supp 137 [SD NY, 1983]). Since public property generally may not be used … There is no statutory requirement that the property be sold at public sale (15 Opns St Comp, 1959, p 115). It has … have a fiduciary duty to secure the best possible price obtainable in their judgment, or the most beneficial …
https://www.osc.ny.gov/legal-opinions/opinion-88-66