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NYC Surplus Projected to Reach $550 Million in FY 2020
… DiNapoli said. “The risk of a recession has eased in the near term, but the city should continue to increase its … and the October unemployment rate of 4.1 percent remains near its historic low. Still, the city did not raise its …
https://www.osc.ny.gov/press/releases/2019/12/nyc-surplus-projected-reach-550-million-fy-2020DiNapoli: State Pension Fund Value $192 Billion
… today announced that the New York State Common Retirement Fund (Fund) earned an estimated 11.42 percent return on investments … in the state fiscal year that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns … today announced that the New York State Common Retirement Fund earned an estimated 1142 percent return on investments …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… joined the United States Attorney for Eastern District of Tennessee (EDTN) in announcing that Leslie Schwinzer has … guilty to wire fraud (18 USC. § 1343) in the U.S. District Court at Knoxville, TN for stealing $56,352 from the New York … the United States Attorney for the Eastern District of Tennessee and the Social Security Administration Inspector …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localState Contract and Payment Actions in January
… ramp in Columbia County. $3.8 million with Bette & Cring LLC to replace Old State Road Bridge and repair other bridges … Transportation $32.8 million with Piedmont 60 Broad Street LLC for the lease of 25 Beaver Street in New York City. $11.4 … Thruway Authority $11.4 million to Tappan Zee Constructors LLC for the New NY Bridge Project. $1.4 million to HNTB New …
https://www.osc.ny.gov/press/releases/2020/02/state-contract-and-payment-actions-januaryState Agencies Bulletin No. 2348
… inform agencies of OSC’s automatic processing of the April 2025 M/C Performance Advances and provide instructions for … for payment of performance advances effective April 1, 2025, to eligible M/C employees based on the April 2024 … Schedule (currently in effect). Effective Dates: The April 2025 M/C Performance Advances will be paid using the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2348-april-2025-managementconfidential-mc-performance-advancesOpinion 91-60
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … of the State Comptroller to obtain information relative to potential conflicts of interest in connection with an … Concerning the authority of the State Comptroller to obtain information relative to …
https://www.osc.ny.gov/legal-opinions/opinion-91-60DiNapoli: Metro North and LIRR Lax in Monitoring Overtime Paid For With Federal Stimulus Funds
… conductors to charge overtime for tasks such as washing up for work, New York State Comptroller Thomas P. DiNapoli … System, did not have a requirement for conductors to sign out manually, so there was not an accurate record of … that Metro-North: Require conductors to electronically sign in and out; Monitor time and attendance records; …
https://www.osc.ny.gov/press/releases/2014/01/dinapoli-metro-north-and-lirr-lax-monitoring-overtime-paid-federal-stimulus-fundsDiNapoli: More New Yorkers Facing Food Insecurity, Tariffs and Federal Funding Cuts Could Worsen Problem
… Food prices in the New York City metropolitan area have risen 25.2% since … a close eye on what is driving affordability issues in the city and state, and it has not escaped anyone that higher food costs have hit household budgets in New York City hard, with price increases outpacing income …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-more-new-yorkers-facing-food-insecurity-tariffs-and-federal-funding-cuts-could-worsenCity of New Rochelle - Elevator Inspections (2018M-62)
… [read complete report - pdf] Audit Objective Determine whether the City … property owners did not submit either six month or annual inspection reports. Also, violation notices were not sent to … did not follow up on violations/ deficiencies on the inspection reports submitted by property owners. Serious …
https://www.osc.ny.gov/local-government/audits/city/2018/11/30/city-new-rochelle-elevator-inspections-2018m-62DiNapoli Releases Analysis of State Financial Plan, Warns of Federal Risks
… state's fiscal outlook is clouded because of uncertainty in Washington, falling revenues, and fiscal practices that … estimates state tax receipts will increase by 4.8 percent in State Fiscal Year (SFY) 2017-18, below the 6.1 percent projected in February. Personal income tax receipts in the first …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-releases-analysis-state-financial-plan-warns-federal-risksDiNapoli and Stewart-Cousins Encourage Residents to Claim More Than $100 Million in Lost Money
… Comptroller DiNapoli. “This money has been turned over to my office for temporary safe-keeping, and we want to return … said Senator Stewart-Cousins. “I wanted to make sure that my constituents, whose names or companies were on the … Comptroller’s unclaimed funds list, personally knew it. My office sent out more than 12,000 letters in September, and …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-and-stewart-cousins-encourage-residents-claim-more-100-million-lost-moneyNY State Pension Fund and Church Commissioners for England Call for Exxon to Separate Board Chair and CEO Positions
… against all Exxon board directors at the company’s annual meeting this month. “A corporate board exists as oversight of … to support the shareholder proposal on the Annual General Meeting ballot proposing an independent chairman.” The … board chair proposal will be held at Exxon’s annual meeting on May 29, 2019. At the meeting, the Fund and the …
https://www.osc.ny.gov/press/releases/2019/05/ny-state-pension-fund-and-church-commissioners-england-call-exxon-separate-board-chair-and-ceoNYS Common Retirement Fund Announces Third Quarter Results
… The New York State Common Retirement Funds Fund estimated rate of return for the third quarter ending Dec 31 2013 was 514 percent increasing the Funds value to an estimated $1732 billion according to New …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsNY State Comptroller DiNapoli Calls on Wynn Resorts to Disclose All Political Spending
… City Retirement Systems and Pension Funds, in a derivative lawsuit against certain board members and senior executives … licenses and other potential regulatory sanctions. The lawsuit seeks reform of the company's governance. The New …
https://www.osc.ny.gov/press/releases/2018/05/ny-state-comptroller-dinapoli-calls-wynn-resorts-disclose-all-political-spendingDiNapoli Announces Decrease in Pension Contribution Rates for FY 2016-17; Lowers Assumed Rate of Return
… 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. The average contribution rate for the Employees' Retirement System (ERS) will decrease … or about 15 percent. While the average contribution rate for the Police and Fire Retirement System (PFRS) will …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-announces-decrease-pension-contribution-rates-fy-2016-17-lowers-assumed-rate-returnNYS Pension Fund Launches Review of Integrated Oil & Gas Companies
… information on its readiness to transition to the emerging net zero economy. “Oil and gas companies face significant and … we will carefully review these companies and may restrict investments in those that do not have viable plans to adapt.” … largest public pension funds in the United States, with assets of $272.1 billion as of March 31, 2022. The Fund holds …
https://www.osc.ny.gov/press/releases/2022/08/nys-pension-fund-launches-review-integrated-oil-gas-companiesDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… the reduction in employer contribution rates is welcome news for taxpayers, our investment decisions are always made …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli: Former Town Clerk Pleads Guilty to Stealing Nearly $4,000 From Town of Lincoln
New York State Comptroller Thomas P DiNapoli Chenango County District Attorney Michael Ferrarese and the New York State Police today announced the plea and sentence of Amy Becker former Clerk for the Town of Lincoln for stealing nearly $4000 from the Town
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-former-town-clerk-pleads-guilty-stealing-nearly-4000-town-lincolnDiNapoli: Former Chief of Border City Hose Company Pleads Guilty to Stealing Company Funds and Repays More Than $18,000
… and also used the Hose Company’s home improvement store credit card to make $2,200 in unauthorized purchases of …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-former-chief-border-city-hose-company-pleads-guilty-stealing-company-funds-and-repays-moreDiNapoli: Former Marbletown Fire Chief Arrested for Stealing Over $100K From Department
… Wayne County District Attorney Christine Callanan and the New York State Police announced William Storrs, a former fire chief and treasurer, was arrested today for stealing … Wayne County District Attorney Christine Callanan and the New York State Police announced William Storrs a former fire …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-former-marbletown-fire-chief-arrested-stealing-over-100k-department