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NYSLRS Announces Employer Contribution Rates for 2024-25

… contribution rates for the New York State and Local Retirement System (NYSLRS) for State Fiscal Year (SFY) … increase from 13.1% to 15.2% of payroll for the Employees’ Retirement System (ERS) and from 27.8% to 31.2% of payroll …

https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25

DiNapoli: Women in New York Still Earn Far Less Than Men

… Women would have to work an extra 53 days to make what men in New York earned in 2023. Median earnings in 2023 … or professional degree were 78 cents on the dollar to what men earned, compared to 67 cents for women with less …

https://www.osc.ny.gov/press/releases/2025/03/dinapoli-women-new-york-still-earn-far-less-men

DiNapoli Releases Recommendations From Decarbonization Advisory Panel

… impacts of climate change on the New York State Common Retirement Fund (Fund) and recommends ways for the Fund to build on its … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million …

https://www.osc.ny.gov/press/releases/2019/04/dinapoli-releases-recommendations-decarbonization-advisory-panel

Opinion 88-76

… (of private moneys) -- Private Moneys (accounting for); (investment of) -- Taxes (applying private source moneys to … EDUCATION LAW, §259(1); GENERAL MUNICIPAL LAW, §30(3): The annual report of financial transactions which a public … may be retained by the library board and expended by board resolution at a public meeting. Finally, you ask whether the …

https://www.osc.ny.gov/legal-opinions/opinion-88-76

DiNapoli: One-in-Four Homeless Shelter Clients with Serious Mental Health Issues Were Not Placed in a Mental Health Shelter

… shelter system. “The Department of Social Services must do a better job helping some of the city’s most vulnerable … that did not have specialized staffing and services. Out of the 1,061 clients identified as having alcohol or … government financial records, track state contracts, and find commonly requested data. … draft …

https://www.osc.ny.gov/press/releases/2022/12/dinapoli-one-four-homeless-shelter-clients-serious-mental-health-issues-were-not-placed-mental-health

XI.12.B Contract Assignments – XI. Procurement and Contract Management

… where a service contract was awarded on the basis of a best value determination involving an evaluation of the … to a contractor that would not have been ranked as the best value offeror. Therefore, before approving a contract …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12b-contract-assignments

NY State Comptroller DiNapoli: Wells Fargo Needs to Pull Back the Curtain on Its Incentive Pay Program

… steered clients into investments that were not in their best interest in order to maximize bank revenue. The Fund …

https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-wells-fargo-needs-pull-back-curtain-its-incentive-pay-program

United HealthCare – Empire Plan Drug Rebates

… program between January 1, 2008 and December 31, 2013. In accordance with the contract, United is required to … … Determine if United HealthCare Insurance Company of NY credited Department of Civil Service for all rebate …

https://www.osc.ny.gov/state-agencies/audits/2015/12/28/united-healthcare-empire-plan-drug-rebates

Selected Financial Management and Administrative Practices

… Purpose To determine whether the Office of the Nassau County Public Administrator (NCPA) operates in … are responsible for administering the estates of individuals who die intestate (without a will) and leave either no known heirs or heirs who are not qualified or willing to administer …

https://www.osc.ny.gov/state-agencies/audits/2015/04/28/selected-financial-management-and-administrative-practices

Pipeline Safety Oversight

… providing oversight of pipeline safety in accordance with State regulations and federal performance standards. Our … injuries, and $77 million in property damage. PHMSA relies on state inspectors as the “first line of defense” to enforce …

https://www.osc.ny.gov/state-agencies/audits/2016/03/08/pipeline-safety-oversight

Join Our Team as a Local Government Auditor

… auditors have diverse backgrounds and degrees. While a degree in accounting is not required , you must have … one or two years of hire. Audit experience or a master’s degree may qualify you for a more advanced position. …

https://www.osc.ny.gov/jobs/lgsa

DiNapoli: State Pension Fund Value $178.1 Billion

… focused on ensuring we remain one of the best funded and top performing plans in the country.” Over state fiscal year … 4.00 and 13.14 percent, respectively. Absolute return strategies were challenged during the year and a portfolio … Equities -3.61% 4.6% TIPS** 2.26% 3.6% Absolute Return Strategies -4.78% 3.4% Cash 0.88% 2.5% Non-Core Fixed Income …

https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billion

Patient Safety Center Activities and Handling of Revenues (Follow-Up)

… Lisa Smart, a 30-year-old woman who died in 1997 as a result of a medical error introduced during surgery by a … The objective of our initial audit, issued on March 10, 2021, was to determine whether the Department was meeting the … audit covered the period from April 1, 2015 through May 16, 2019. We found that the Department had generally met the …

https://www.osc.ny.gov/state-agencies/audits/2024/01/03/patient-safety-center-activities-and-handling-revenues-follow

State Comptroller DiNapoli Releases Municipal Audits

… surplus funds will be used and the timeframe for doing so. In addition, the unrestricted fund balance grew to $2.4 … idle without a specific purpose to benefit the town is not in the public’s best interest. Laurens Fire District – … an independent audit of its 2019 records, as required by law, or provide for an annual audit of the treasurer’s …

https://www.osc.ny.gov/press/releases/2021/07/state-comptroller-dinapoli-releases-municipal-audits-0

Controls Over Transportation Services and Transportation-Related Expenses

… records to ensure the safety of individuals it transports. When notified that an employee’s license has been revoked or … no longer allowed to drive OPWDD vehicles. However, OPWDD does not have controls in place to educate or improve driving … been open for over 9 months. Some of the recalls were of a serious nature, and increase the risk of an accident and/or …

https://www.osc.ny.gov/state-agencies/audits/2020/07/28/controls-over-transportation-services-and-transportation-related-expenses

XI.7.A Revenue Contracts – XI. Procurement and Contract Management

… balanced and fair method of award. Contract Prefix Revenue New York State Contract IDs must begin with an “X” prefix. In … for prior approval, and if so, to which audit team in OSC’s Bureau of Contracts (BOC) it will be directed. For …

https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi7a-revenue-contracts

Comptroller DiNapoli Releases State Audits

… SUNY’s requirements to manage cost and could serve as best practice examples if more widely shared among the …

https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-state-audits

Cost-Saving Ideas: How to Reduce Energy Costs

… than what your utility currently offers. The New York State Office of General Services (OGS) may have contract … OGS website to learn more about OGS contracts and find out how to be included in future bids. You may also find cost … models. Use Energy Star power management software on your computers. Turn on power save features in office …

https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-how-reduce-energy-costs