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What is a Defined Benefit Plan?
… to recruit and retain qualified employees. Employers can reduce the risk of employee turnover, which can help cut training costs and improve productivity. Defined … account, so market downturns, especially near retirement, can affect the value of the benefit. During retirement, the …
https://www.osc.ny.gov/retirement/members/defined-benefit-planShareholders Send Exxon a Strong Message on Climate Change
… board of directors’ opposition. The resolution, filed by New York State Comptroller Thomas P. DiNapoli and the Church …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-send-exxon-strong-message-climate-changeDiNapoli: New York State Pension Fund and Coca Cola Reach Agreement on Executive Pay
… Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), announced today. In response to the … that informs investors. About the New York State Common Retirement Fund The New York State Common Retirement Fund is … System on behalf of more than one million state and local government employees and retirees and their beneficiaries. …
https://www.osc.ny.gov/press/releases/2020/03/dinapoli-new-york-state-pension-fund-and-coca-cola-reach-agreement-executive-payThe Survivor’s Benefit Program for Retired NYS Employees
Information about The Survivors Benefit Program which provides minimum death benefit to the survivors of New York State retired employees
https://www.osc.ny.gov/retirement/publications/survivors-benefit-program-retired-nys-employeesComptrollers DiNapoli & Stringer Call on Corporations to Protect LGBT Rights Around World
… New York State Common Retirement Fund is the third largest public pension plan in the United States with more than one … local governments. The Fund has a diversified portfolio of public and private equities, fixed income, real estate and … Representative, Carolyn Wolpert (Chair); New York City Public Advocate Letitia James; Borough Presidents: Gale …
https://www.osc.ny.gov/press/releases/2014/06/comptrollers-dinapoli-stringer-call-corporations-protect-lgbt-rights-around-worldNYS Comptroller DiNapoli on Amazon's Racial Diversity, Equity and Inclusion Practices
… State Common Retirement Fund is the third largest public pension fund in the United States with estimated assets of …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-amazons-racial-diversity-equity-and-inclusion-practicesDiNapoli Reaches Agreement With Mattel Inc. on Political Spending Disclosure
… the Fund withdrew the shareholder proposal it had filed for consideration at the company's annual stockholders' meeting. "I commend Mattel for agreeing to voluntarily disclose its political spending," … shareholders," said Bruce Freed, president of the Center for Political Accountability which has worked with the Fund …
https://www.osc.ny.gov/press/releases/2018/03/dinapoli-reaches-agreement-mattel-inc-political-spending-disclosureNYS Comptroller DiNapoli and Church of England Call on ExxonMobil to Set Targets for Lowering GHG Emissions
… develop a clear strategy for long-term sustainability, in line with international commitments for a safer climate. … company has much more to do. Our request would bring Exxon in line with its biggest European peer, Shell, and we believe … established by the Paris Agreement to keep the increase in global average temperature to well below 2 degrees, and to …
https://www.osc.ny.gov/press/releases/2018/12/nys-comptroller-dinapoli-and-church-england-call-exxonmobil-set-targets-lowering-ghg-emissionsDiNapoli: State Pension Fund Calls on Companies to Address Climate Risk, Transition to Cleaner Operations
… five major U.S. companies, including Domino’s Pizza Inc., to set targets to reduce their greenhouse gas emissions … and more companies understand that addressing climate change, by reducing their carbon emissions, helps their … best managed and best funded plans in the nation. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-state-pension-fund-calls-companies-address-climate-risk-transition-cleaner-operationsAdvisory Council for the Retirement System
… to the Comptroller on the formulation of policies in relation to the administration and management of the … to the Comptroller on the formulation of policies in relation to the administration and management of the Fund …
https://www.osc.ny.gov/common-retirement-fund/resources/advisory-council-retirement-systemNYS Comptroller DiNapoli and the Fire and Police Pension Association of Colorado Statements on Proposed Settlement of Boeing Lawsuit
… work-related concerns, and adding an additional director with aviation, engineering, or product-safety oversight …
https://www.osc.ny.gov/press/releases/2021/11/nys-comptroller-dinapoli-and-fire-and-police-pension-association-colorado-statements-proposedState Agencies Bulletin No. 290
… and policies. Year-End Processing Schedule Employee copies of 2001 W-2 forms will be prepared by the Office of the State Comptroller (OSC) and mailed to the agency … Social Security Tax deducted, not to exceed $4,984.80. Box 5 Medicare Wages All wages subject to Medicare taxes. There …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/290-2001-w-2-year-end-processingOpinion 98-12
… This opinion represents the views of the Office of the State Comptroller at the time it was … the opinion. CITIES -- Powers and Duties (commingling of city and dependent school district moneys); (use of city and … 519 NYS2d 395; see also, e.g., Divisich v Marshall , 281 NY 170; Fuhrmann v Graves , 235 NY 77; Board of Education of …
https://www.osc.ny.gov/legal-opinions/opinion-98-12DiNapoli Announces Change in Leadership of State Pension Fund's Real Estate Advisory Committee
… DiNapoli also announced the appointment of Louis Dubin, a member of REAC since 2003, as the committee’s new Chairman. … commerce. Prior to his appointment to REAC, he served as a member of the Nassau County Interim Finance Authority and as Board Member and Vice Chairman of the New York State Job …
https://www.osc.ny.gov/press/releases/2023/09/dinapoli-announces-change-leadership-state-pension-funds-real-estate-advisory-committeeDiNapoli: Major Retailers Agree to Report on Efforts to Protect Human Rights, Workplace Safety
… and Ross Stores have agreed to shareholder proposals filed by the New York State Common Retirement Fund (Fund) that … we must do more to ensure their policies are being upheld throughout their supply chains," said Michael … and Bloomingdale's Outlet. Ross Stores Inc. is a Fortune 500 company and one of the largest discount fashion …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-major-retailers-agree-report-efforts-protect-human-rights-workplace-safetyState Comptroller DiNapoli Adds $3 Billion to the State Pension Fund’s Sustainable Investment Program
… footprint analysis of the Fund’s public equity portfolio (16 percent lower overall emissions profile relative to its … as of the March 31, 2018 end of its most recent fiscal year. The Fund holds and invests the assets of the New York …
https://www.osc.ny.gov/press/releases/2018/12/state-comptroller-dinapoli-adds-3-billion-state-pension-funds-sustainable-investment-programComptroller DiNapoli And A.G. Schneiderman Announce Sentencing of New Jersey Woman in Theft of More Than $162,000 in New York State Pension Benefits
… Eric T. Schneiderman today announced the sentencing of Linda Miller, 58, of Englewood, N.J., to six months in jail and five years of probation for the theft of more than $162,000 in pension benefits from the New York State and Local Employees …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-and-ag-schneiderman-announce-sentencing-new-jersey-woman-theft-more-162000-newState Comptroller DiNapoli Statement on Expansion of Geneva-Based RealEats into New Facility
State Comptroller DiNapoli invested $78 million in RealEats in five separate investments through its partners Armory Square Ventures and Hamilton Lane
https://www.osc.ny.gov/press/releases/2022/06/state-comptroller-dinapoli-statement-expansion-geneva-based-realeats-new-facilityLong-Term Expected Contribution Rates – What Every Employer Should Know
… rates as a percentage of their payroll to NYSLRS each year. If the Fund averages more than 5.9 percent over an …
https://www.osc.ny.gov/retirement/employers/partnership/long-term-expected-contribution-ratesDiNapoli: State Pension Fund Valued at $274.6 Billion at End of Second Quarter
… that the estimated value of the New York State Common Retirement Fund (Fund) was $274.6 billion at the end of the … sustainable investments that can weather the market’s ups and downs, and is one of the reasons we remain one of the nation’s strongest public pension funds.” The Fund's estimated value was $267.7 billion …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-state-pension-fund-valued-274-point-6-billion-end-second-quarter