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NYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… allows managers of retirement funds that are subject to the Employee Retirement Income Security Act to consider … of H.J. Res. 30 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule … and prevailing market practices of ERISA fiduciaries, who are a meaningful segment of institutional investors. It …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… System (NYSLRS) employer contribution rates will decrease for fiscal year 2016-17 and the assumed rate of return for NYSLRS will be lowered from 7.5 percent to 7 percent. … on Actuarial Assumptions. The announced rates will apply to each employer's salary base during the period April …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnInvesting in New York
… possible, the Comptroller guides the Fund to invest in New York-based business ventures, companies and other … March 31, 2025) Contact Leo P. Chenette Senior Investment Officer, Private Equity Phone: (518) 375-8324 Email: … challenged areas of the State. Contact Carolyn Au Executive Vice President and Chief Operating Officer The …
https://www.osc.ny.gov/common-retirement-fund/investing-new-yorkNYS Comptroller DiNapoli: ExxonMobil Agrees to Assess Impacts of Climate Change
… P. DiNapoli today announced that ExxonMobil has agreed to implement the shareholder request that the company analyze how worldwide efforts to adopt the Paris Agreement goals for … Exxon voting shareholders at the company's annual meeting in May. As a result of the company's decision, the Fund will …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-exxonmobil-agrees-assess-impacts-climate-changeNYSLRS Announces Employer Contribution Rates for 2024-25
… New York State Comptroller Thomas P. DiNapoli today announced … $15.5 billion were paid out in benefits. “Our state’s pension fund remains one of the strongest pension funds in … on factors such as the types of retirement benefit plans adopted, salaries paid, and the distribution of …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25DiNapoli: Five Fortune 500 Companies Reach Agreements on Corporate Political Spending
… companies: Aetna Inc.; Express Scripts Holding Co.; Johnson & Johnson; NextEra Energy Inc.; Nisource Inc.; The Travelers …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-five-fortune-500-companies-reach-agreements-corporate-political-spendingComptroller DiNapoli Announces $50 Million Toward Small Business Relief, Job Retention
… toward the federal Paycheck Protection Program (PPP), a component of the latest coronavirus relief package. Under … be consistent with U.S. Treasury securities. “New York small businesses are facing unprecedented challenges that … men and women out of work,” DiNapoli said. “We’re doing what we can to help small businesses keep employees on their …
https://www.osc.ny.gov/press/releases/2020/04/comptroller-dinapoli-announces-50-million-toward-small-business-relief-job-retentionInvesting in New York State, September 2014
The New York State Common Retirement Fund has a powerful, far-reaching impact on the economy of New York State.
https://www.osc.ny.gov/files/reports/special-topics/pdf/economic-investing-nys-2014.pdfDiNapoli Statement on Amazon's Agreement to Conduct an Independent Racial Equity Audit
… the following statement today following Amazon’s agreement to conduct and publicly release an independent racial equity audit, led by former U.S. … corporations to engage in open and honest assessments of how their products and services may impact racial equity. I …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-statement-amazons-agreement-conduct-independent-racial-equity-auditDiNapoli: Former Ulster County BOCES Criminal Justice Teacher Arrested for Defrauding the NYS Pension System Out of Over $157,000
… J. Clegg and the New York State Police today announced the arrest of former Ulster County BOCES instructor of Criminal … not allowed to earn more than $30,000 annually in other public employment while continuing to receive his pension … a False Instrument, three counts of Falsifying Business Records and one count of retirement fraud. The charges filed …
https://www.osc.ny.gov/press/releases/2022/07/dinapoli-former-ulster-county-boces-criminal-justice-teacher-arrested-defrauding-nys-pension-systemDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… out of oil sands production: Imperial Oil Ltd. Canadian Natural Resources Ltd. Husky Energy Inc. MEG Energy …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesNew York State Comptroller DiNapoli & Fire and Police Pension Association of Colorado Announce Appointment as Lead Plaintiffs in Boeing Shareholder Lawsuit
… dismantling Boeing’s lauded safety-engineering corporate culture in favor of what became a financial-engineering corporate culture. The complaint alleges that Boeing’s Board and …
https://www.osc.ny.gov/press/releases/2020/08/new-york-state-comptroller-dinapoli-fire-and-police-pension-association-colorado-announce-appointmentInvestors: Exxon Needs to Step Up on Climate Change
… to agree to their request that the company address how it will be affected by worldwide efforts to adopt the goals of the Paris Agreement to rein in climate change. In recent weeks, similar proposals have won a … how the Paris commitment will affect its bottom line." "I am looking forward to being at the ExxonMobil AGM in Dallas …
https://www.osc.ny.gov/press/releases/2017/05/investors-exxon-needs-step-climate-changeState Comptroller DiNapoli and District Attorney Scarpino Announce Arrest in $60K Pension Payments
… announced the arrest of Rochelle Rose for grand larceny in the second degree after she allegedly pocketed her … cellphone bills, a car loan, insurance and utility bills. Ms. Rose, 40, of Mount Vernon, appeared in Mount Vernon City Court on Thursday. The case is being …
https://www.osc.ny.gov/press/releases/2018/07/state-comptroller-dinapoli-and-district-attorney-scarpino-announce-arrest-60k-pension-paymentsDiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… company’s annual meeting on May 18 seeking their support for the Fund’s shareholder proposal calling for an independent audit of the company’s practices related to civil rights, … Chipotle workers filed a coronavirus-related Occupational Safety and Health Administration complaint claiming that …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionComptroller DiNapoli and AG Schneiderman Announce Sentencing in Theft of Over $274,000 in State Pension Benefits
… was sentenced in Albany County Court to 5 months in jail, $200,000 in restitution and signed a confession of … Judge Peter A. Lynch in Albany County Court to 5 months in jail. In addition to incarceration, Eletz has paid $200,000 … was sentenced in Albany County Court to 5 months in jail $200000 in restitution and signed a confession of …
https://www.osc.ny.gov/press/releases/2016/02/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-theft-over-274000-state-pension-benefitsComptroller DiNapoli and A.G. Schneiderman Announce Charges Against New Jersey Woman in Alleged Theft of Over $162,000 in New York State Pension Benefits
… in Albany County Court, where she entered a plea of not guilty. The charges are accusations and the defendant is … Justice is led by Executive Deputy Attorney General Kelly Donovan. DiNapoli encourages the public to help fight …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-and-ag-schneiderman-announce-charges-against-new-jersey-woman-alleged-theft-overNYSLRS Announces Employer Contribution Rates for SFY 2026-27
… Thomas P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System … Fiscal Year (SFY) 2026-27. Employers’ average contribution rates will increase from 16.5% to 17.6% of payroll for the … plan combinations. In the SFY that ended March 31, 2025, NYSLRS paid out nearly $16.8 billion in benefits. …
https://www.osc.ny.gov/press/releases/2025/09/nyslrs-announces-employer-contribution-rates-sfy-2026-27Repaying Your NYSLRS Loan after Retirement
… page for information about taking a NYSLRS loan. How Much Do I Need to pay? If you retired with an outstanding loan, … you must pay the full balance of the loan that was due when you retired in a one-time, lump sum payment — you cannot … form to send back with your payment. You can pay by check or money order, made out to the New York State and …
https://www.osc.ny.gov/retirement/retirees/repaying-your-nyslrs-loan-after-retirementDiNapoli: Corporate America Must Show Progress on Diversity, Equity & Inclusion
… corporate accountability for progress on diversity, equity and inclusion (DEI) issues. DiNapoli’s approach seeks action from …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-corporate-america-must-show-progress-diversity-equity-inclusion