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DiNapoli: Rochester Woman Pleads Guilty to Stealing $121,000 in Pension Checks Sent to Late Grandmother
… A Rochester woman pleaded guilty to stealing more than $121,000 in state … A Rochester woman pleaded guilty to stealing more than $121000 in state …
https://www.osc.ny.gov/press/releases/2025/01/dinapoli-rochester-woman-pleads-guilty-stealing-121000-pension-checks-sent-late-grandmotherDiNapoli Audit Finds Western Regional OTB Lacks Accountability and Gave Out Lucrative Perks
… area concerts. It is aimed at increasing OTB patronage and game play. The New York State Gaming Commission permits … Key recommendations: Ensure all employees assigned take-home vehicles complete and file accurate weekly mileage logs. … Regional Off-Track Betting Corp. – Oversight of Take-Home Vehicles Track state and local government spending at …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-audit-finds-western-regional-otb-lacks-accountability-and-gave-out-lucrative-perksState Comptroller DiNapoli Statement on New York City Financial Plan
… The updated financial plan highlights why smart use of the city’s federal relief funds and better-than-projected … will be used to narrow the outyear gaps to an average of $2.6 billion annually and alleviate risks from projected … "The updated plan also raises concerns for the pace of recovery’s effects on the city budget. City tax revenues, …
https://www.osc.ny.gov/press/releases/2021/11/state-comptroller-dinapoli-statement-new-york-city-financial-planAbout Statement No. 68 – Governmental Accounting Standards Board
… Reporting for Pensions : Requires employers participating in state and local government pension plans to report their … share of the collective Net Pension Liability in their financial statements, as well as pension expense and … compensation package. The employer’s participation in a pension plan provided by a separate entity or pension …
https://www.osc.ny.gov/retirement/employers/gasb/about-statement-no-68DiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
The New York State Common Retirement Fund has committed $50 million to a private equity fund managed by Hamilton Lane aimed at supporting small businesses across New York State Comptroller Thomas P DiNapoli trustee of the Fund announced today
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundHerkimer Central School District – 2014 Building Renovation Capital Project (2022M-136)
… project . Officials: Borrowed $2 million more than needed for the initial project and used the funds to make other … works. In March 2022, the former clerk of the works was arrested for defrauding the New York State and Local Retirement System …
https://www.osc.ny.gov/local-government/audits/school-district/2022/11/23/herkimer-central-school-district-2014-building-renovation-capital-projectUnderstanding Your GASB Report – Governmental Accounting Standards Board
… Board (GASB) website . Deferred Inflows An acquisition of net assets by the government, which is applicable to a future reporting period. It has a negative effect on net position, like liabilities. Deferred Outflows A … payments (current and future) that is attributed to service already accrued by NYSLRS' members, as determined …
https://www.osc.ny.gov/retirement/employers/gasb/understanding-your-gasb-reportDiNapoli: Texas Woman Charged with Stealing Over $65,000 in NYS Pension Payments
… DiNapoli announced the indictment of a 53-year-old Texas woman for allegedly stealing more than $65,000 in New York … P DiNapoli announced the indictment of a 53yearold Texas woman for allegedly stealing more than $65000 in New York …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-texas-woman-charged-stealing-over-65000-nys-pension-paymentsState Comptroller Thomas P. DiNapoli Statement on New State Budget
… cases remains high in New York but the accelerated pace of vaccinations and job growth in many sectors indicate an …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-thomas-p-dinapoli-statement-new-state-budgetDiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee
… pension fund’s investments.” “It has been a professional pleasure to help guide real estate investments for the …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-change-leadership-state-pension-funds-real-estate-advisory-committeeAvailable Pension Payment Options – Special 20- and 25-Year Plans
… provides the maximum benefit payment to you each month for the rest of your life. Under this selection, all payments … you with a reduced monthly benefit for your lifetime. When you die, the unpaid balance of your accumulated annuity … is your spouse at the time of your death, they will be eligible for 50 percent of your COLA. If your beneficiary …
https://www.osc.ny.gov/retirement/publications/1517/available-pension-payment-optionsNew York State Comptoller Thomas P. DiNapoli Statement on Standard & Poor's Upgrade of NYS General Obligation Bonds
… are headed in the right direction. "The new AA+ rating for the state’s General Obligation bonds reflects our recent …
https://www.osc.ny.gov/press/releases/2014/07/new-york-state-comptoller-thomas-p-dinapoli-statement-standard-poors-upgrade-nys-general-obligationXIII.6 Potential Tax Consequences of Assigning an Incorrect Official Station – XIII. Employee Expense Reimbursement
… This generally occurs when an employee travels repeatedly to the same location over an extended period for official … likely incur substantial tax liabilities with respect to reimbursement of travel expenses. This tax liability can … reimbursements as income contemporaneous with payment to enable the State to timely withhold the taxes. In cases …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii6-potential-tax-consequences-assigning-incorrect-official-stationOpinion 91-54
… opinion. LOCAL LAWS -- Taxes and Assessments (authority of village to impose a tax on renters of real property); (authority of village to impose a tax on rents paid by tenants of real property within the village) TAXES -- Occupancy Tax (authority of village to …
https://www.osc.ny.gov/legal-opinions/opinion-91-54DiNapoli: Florida Man Pleads Guilty to Stealing Nearly $80,000 in Pension Payments Meant for His Deceased Father
… State Comptroller Thomas P. DiNapoli and Nassau County District Attorney Anne T. Donnelly announced the son of a … system and members from fraud and abuse. My thanks to District Attorney Donnelly for her partnership in ensuring … father’s pension benefits that he had no claim to,” said District Attorney Donnelly . “Public employees work hard …
https://www.osc.ny.gov/press/releases/2025/05/dinapoli-florida-man-pleads-guilty-stealing-nearly-80000-pension-payments-meant-his-deceased-fatherNY State Comptroller DiNapoli Statement on Facebook CEO Mark Zuckerberg’s Congressional Testimony
… Fund), released the following statement today in regarding Facebook CEO Mark Zuckerberg’s Senate testimony. The Fund holds shares in Facebook valued at more than $1 billion. "Facebook needs to demonstrate to its customers and its … Fund released the following statement today in regarding Facebook CEO Mark Zuckerbergs Senate testimony …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-statement-facebook-ceo-mark-zuckerbergs-congressional-testimonyOpinion 2002-15
… in the opinion. MUNICIPAL FUNDS -- Town Charges (street lighting and maintenance of town hall as townwide charges) STREETS AND HIGHWAYS -- Lighting (as townwide charge in towns) TOWNS -- Powers and … (maintenance of town hall as townwide charge); (street lighting as townwide charge) TOWN LAW §§64(3), (19), …
https://www.osc.ny.gov/legal-opinions/opinion-2002-15NYS Comptroller DiNapoli Statement on Major Support for Racial Equity Audit at Amazon
… the following statement in response to Amazon’s disclosure of vote results from its annual meeting on Wednesday. … Common Retirement Fund’s request for an independent review of the company’s policies and practices related to racial … diversity, equity and inclusion won support from 44.18% of Amazon shareholders, an immense success for a first-time …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-statement-major-support-racial-equity-audit-amazonCost-Saving Ideas: Overtime Planning and Management
… may allow employees to work other than traditional eight-hour workdays. AWS can potentially increase productivity and … until the end of their normal work day. Five-day, eight-hour schedule with alternate shifts: Provides additional … Reduces overtime by having employees work an extra hour Monday through Thursday and a half-day on Friday. …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-overtime-planning-and-managementDiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… Employer contribution rates for the state's pension system in State Fiscal Year 2019-20 will be in line … their future budgets," DiNapoli said. "New York State's pension fund is one of the strongest and best funded in the … The Fund was ranked one of the nation's best-funded pension plans in 2018, according to Pew Charitable Trusts. …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020