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State Pension Employer Contribution Rates Announced for 2020-21, Assumed Rate of Return Lowered
New York State and Local Retirement System NYSLRS employer contribution rates for State Fiscal Year 202021 will 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
https://www.osc.ny.gov/press/releases/2019/08/state-pension-employer-contribution-rates-announced-2020-21-assumed-rate-return-loweredManagement and Control of Overtime Costs (Follow-Up)
… of the three recommendations included in our initial audit report, Management and Control of Overtime Costs (Report 2009-N-15). Background Our initial report, issued on …
https://www.osc.ny.gov/state-agencies/audits/2014/12/23/management-and-control-overtime-costs-followMount Vernon City School District – Procurement of Natural Gas (2019M-91)
… average two times the benchmark rates. May have been able to reduce its natural gas costs by 40 percent or …
https://www.osc.ny.gov/local-government/audits/school-district/2022/04/15/mount-vernon-city-school-district-procurement-natural-gas-2019m-91Wayne Central School District – Property Disposal (2021M-161)
… of the District’s 2016 transportation study conducted by an external advisory group which also made a …
https://www.osc.ny.gov/local-government/audits/school-district/2022/02/04/wayne-central-school-district-property-disposal-2021m-161DiNapoli Announces Vicki Fuller's Retirement as CIO of NYS Common Retirement Fund
… a six-year tenure. "Under Vicki’s direction, the state pension fund has produced impressive investment returns, … support and thoughtfulness have been indispensable. And my colleagues at the Fund have been essential to every … and genuinely nice people. There is never a great time to leave a place like the New York State Common Retirement Fund …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-announces-vicki-fullers-retirement-cio-nys-common-retirement-fundNYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the … estimated value reflects benefits of $3.34 billion paid out during the quarter. Its audited value as of fiscal year … Trusts' latest analysis of state pension funds, based on 2018 data, ranked the Fund as the second best funded in …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsVII.10.D Cash Advance Payment Types – VII. State Revenues and Appropriated Loan Receivables
… by agencies to provide funds to investigators working on confidential assignments, (e.g. narcotics investigations). … fund and its location. Signed receipt forms should be on file from the fund custodians. Periodic physical counts … Control of Petty Cash Ordinarily, petty cash is maintained on an imprest basis; i.e., the cash is replenished for the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10d-cash-advance-payment-typesXII.4.F Proper Invoice – XII. Expenditures
… or rendered*; Amount requested; and Purchase order (PO) number, if applicable, as provided by ordering agency. …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii4f-proper-invoiceDiNapoli: NYS Pension Fund Announces $400 Million in Sustainable Investments
… net zero greenhouse gas emissions . “While climate change poses investment risks, it also creates opportunities for the …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-nys-pension-fund-announces-400-million-sustainable-investmentsDiNapoli: Fast Food Companies Agree to Stronger Supplier Oversight
… New York State Comptroller Thomas P. DiNapoli today announced … $5.2 million. Background: DiNapoli, as trustee of the New York State Common Retirement Fund, has engaged portfolio … chains including: In 2010, the Common Retirement Fund, in concert with other signatories of the United Nations …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-fast-food-companies-agree-stronger-supplier-oversightNew York State Comptroller Thomas P. DiNapoli Gives Best Wishes For New Year, 01/01/15
… new relationships, renewed commitments and an opportunity for positive change, which will mean a better New York for us all. I wish all New Yorkers a happy, safe and …
https://www.osc.ny.gov/press/releases/2015/01/new-york-state-comptroller-thomas-p-dinapoli-gives-best-wishes-new-year-010115Continuity of Operations Planning (Follow-Up)
To assess the extent of implementation as of August 27 2019 of the two recommendations included in our initial audit report
https://www.osc.ny.gov/state-agencies/audits/2019/09/11/continuity-operations-planning-follow2022 Women’s History Month Celebration
… In honor of Women’s History Month, State Comptroller Thomas … get started. Comptroller DiNapoli’s Gender Pay Gap Report In March 2022, Comptroller DiNapoli released an analysis on …
https://www.osc.ny.gov/events/2022-womens-history-monthDiNapoli Announces $200 Million Commitment for Opportunistic Investments
… allocated $200 million to Pine Street Alternative Asset Management for opportunistic investments through its Emerging … and co-portfolio manager of Pine Street Alternative Asset Management. “We commend Comptroller DiNapoli's commitment to …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-announces-200-million-commitment-opportunistic-investmentsTown of Sheridan – Shared Services Costs (2023M-74)
… complete report – pdf] Audit Objective Determine whether the Town of Sheridan (Town) was reimbursed equitably for shared … pursuant to an intermunicipal agreement (IMA) and whether the Town Board (Board) conveyed land in a transparent and …
https://www.osc.ny.gov/local-government/audits/town/2023/12/22/town-sheridan-shared-services-costs-2023m-74State Comptroller DiNapoli Releases Audits
… for this property. Auditors noted similar deficiencies in a 2014 audit. Track state and local government spending at …
https://www.osc.ny.gov/press/releases/2022/02/state-comptroller-dinapoli-releases-auditsState Agencies Bulletin No. 2050
… NYSPO users will be required to establish and use MFA at login. New and existing users will not be able to access …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2050-multifactor-authentication-new-york-state-payroll-onlineNYS Comptroller DiNapoli Statement on Major Support for Racial Equity Audit at Amazon
… results from its annual meeting on Wednesday. DiNapoli and the New York State Common Retirement Fund’s request for an independent review of the company’s policies and … from 44.18% of Amazon shareholders, an immense success for a first-time proposal. If CEO Jeff Bezos’ shares …
https://www.osc.ny.gov/press/releases/2021/05/nys-comptroller-dinapoli-statement-major-support-racial-equity-audit-amazonXII.10.D Monitoring Moving Services – XII. Expenditures
… to as a “best and final offer” (BAFO) process, from the list of eligible contractors. The BAFO is an abbreviated bid … its specific move based upon the competitive hourly rates in the contracts. The contract allows users to further … move origin and destination locations, prepare a complete list of all items to be moved, and document any other details …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii10d-monitoring-moving-servicesHoags Corners Volunteer Fire Company, Inc. – Internal Controls (2014M-09)
… to assess Fire Company controls over financial activities for the period January 1, 2012 through June 30, 2013. … Hoags Corners Fire District No. 1. The Company’s revenues for the 2012 fiscal year totaled $68,360 and operating … provide limited guidance pertaining to issuing receipts. For example, although the by-laws require timely deposits, …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/04/04/hoags-corners-volunteer-fire-company-inc-internal-controls-2014m-09