Search
DiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020
… to 7 percent. The median assumed rate of return among public pension funds is 7.46 percent as of June 2018, … State Common Retirement Fund (Fund) is the third largest public pension plan in the nation with an audited year-end …
https://www.osc.ny.gov/press/releases/2018/08/dinapoli-employer-contribution-rates-stable-state-fiscal-year-2019-2020DiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… fund dollars into New York companies and it is paying off for the companies and for the state pension fund, which made … addition to Autotask, 11 companies located in the Capital District including Apprenda and WhoSay have also received … portfolio of public and private equities, fixed income, real estate and alternative instruments and has consistently …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundComptroller DiNapoli Releases State Audits
… today the following audits have been issued: Department of Health (DOH): Improper Payments Related to the Medicare … However, further actions are still needed as millions of dollars in questionable and improper Medicaid payments … 50,000 state contracts, visit http://www.openbooknewyork.com/ . The easy-to-use website was created by Comptroller …
https://www.osc.ny.gov/press/releases/2014/12/comptroller-dinapoli-releases-state-auditsComptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … officials did not have specific criteria to document how they arrived at their decisions when approving or denying … as required, even though the accounting books were up-to-date. As of December 2013, the 2011 and 2012 AUDs had not …
https://www.osc.ny.gov/press/releases/2014/04/comptroller-dinapoli-releases-municipal-audits-2Opinion 90-40
… -- Deputy (right to vote as trustee and deputy mayor) PUBLIC MEETINGS AND HEARINGS -- Voting Procedure (right of … and may perform all the duties of the mayor" (see also, Public Officers Law, §9). The mayor presides at meetings of …
https://www.osc.ny.gov/legal-opinions/opinion-90-40NYS Comptroller DiNapoli Files Suit Against Wynn Resorts' Board of Directors
… employees to perform sex acts, yet failed to investigate or hold him accountable. "These board directors and officers … lawsuit seeks to have Wynn Resorts' take "necessary actions to enhance the Company's governance to comply with … possible loss of its gaming licenses, and other legal and regulatory sanctions. The full text of the complaint filed in …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-files-suit-against-wynn-resorts-board-directorsOpinion 97-14
… that bear on the issues discussed in the opinion. FOREIGN FIRE INSURANCE TAXES -- Particular Uses (furniture and trophy … provided by special act, the members of a volunteer fire department or, if the department is comprised of several … the members of each company, may determine to use foreign fire insurance tax moneys to make reasonable expenditures to …
https://www.osc.ny.gov/legal-opinions/opinion-97-14XII.6.E Making an Emergency Payment – XII. Expenditures
… an urgent and unexpected situation occurs where health and public safety or the conservation of public resources is at risk and an immediate payment is …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii6e-making-emergency-paymentDiNapoli: MWBE Participation in the State’s Pension Fund Rose to All-Time High in State Fiscal Year 2020-21
… Business Enterprise (MWBE) managers grew from $20 billion to approximately $27 billion in state fiscal year 2020-21 and … the Fund’s Emerging Manager program grew from $6.7 billion to $9 billion, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. “As part of our work to …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-mwbe-participation-states-pension-fund-rose-all-time-high-state-fiscal-year-2020-21Compliance With the Sewage Pollution Right to Know Act and Monitoring and Enforcement of State Pollutant Discharge Elimination System Permit Requirements
… freshwater lakes, ponds, and reservoirs that are used for drinking, bathing, and recreation. As the State’s … regulatory agency, the Department is responsible for improving and protecting this vast network of water … holders have certain reporting responsibilities, depending on the permit type. For example, many are required to submit …
https://www.osc.ny.gov/state-agencies/audits/2020/10/19/compliance-sewage-pollution-right-know-act-and-monitoring-and-enforcement-state-pollutantState Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced … issues and properly reported water test results to the New York State Department of Health. Auditors, however, …
https://www.osc.ny.gov/press/releases/2017/01/state-comptroller-dinapoli-releases-municipal-audits-0NYS Comptroller DiNapoli Appoints First Director of Sustainable Investments and Climate Solutions
… to the Climate Solutions Program, working in partnership with all asset class teams. In addition, the director will … third-largest public pension fund in the United States, with an audited value of $210.5 billion as of March 31, 2019. …
https://www.osc.ny.gov/press/releases/2020/01/nys-comptroller-dinapoli-appoints-first-director-sustainable-investments-and-climate-solutionsNY State Comptroller DiNapoli Asks for Report on Due Diligence in Wake of Dakota Pipeline Controversy
… New York State Comptroller Thomas P. DiNapoli, on behalf of the New York State Common Retirement Fund (Fund), is … and social risks, including potential violations of indigenous peoples' rights, in reviewing its potential … Association, the United Church Funds, the Oneida Trust of the Oneida Tribe of Indians of Wisconsin, Trillium Asset …
https://www.osc.ny.gov/press/releases/2017/03/ny-state-comptroller-dinapoli-asks-report-due-diligence-wake-dakota-pipeline-controversyDiNapoli Announces $15 Million Investment in Northern Ireland
… State Comptroller Thomas P. DiNapoli today announced that the New York State Common Retirement Fund (Fund) is investing … an intensive analysis by 57 Stars LLC, the manager of the Fund’s $100 million Emerging Europe Fund, and is part … investment strategy. This partnership will benefit our pension fund and Northern Ireland in the years to come.” “I …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… the Fund determined 21 failed to show viable transition strategies. The 21 companies are: APA Corp. Apache Corp. … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million state and local government employees and retirees and their …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesDiNapoli Calls on Twitter & Other Major Corporations to Take Action on Political Spending Transparency
… On the one-year anniversary of the January 6 attack on the U.S. Capitol, New York State Comptroller Thomas P. …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-calls-twitter-other-major-corporations-take-action-political-spending-transparencyDiNapoli: Audits Reveal Millions in Lost Revenue for Local Water Systems
… governments are losing millions of dollars in revenue due to water loss, inaccurate meters or improper billing, … annually," said DiNapoli. "Across New York, my audits have revealed infrastructure problems, poor budget practices … yield as much as $2.2 million in savings. More often than not, water loss is caused by leaks from broken or aging …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-audits-reveal-millions-lost-revenue-local-water-systemsAmazon Shareholders Urged To Support Audit of Company’s Policies on Racial Inclusion
… the New York State Common Retirement Fund (Fund) to fellow Amazon shareholders in advance of the company’s annual shareholders’ meeting on …
https://www.osc.ny.gov/press/releases/2021/05/amazon-shareholders-urged-support-audit-companys-policies-racial-inclusionExamination of Pitts Management Associates, Inc. Travel Expenses
… Purpose The objective of our examination was to determine whether the travel expenses claimed for reimbursement by Pitts Management Associates, Inc. (PMA) were incurred for business … expenses. The initial contract, which was approved by the Office of the State Comptroller, required PMA to use …
https://www.osc.ny.gov/state-agencies/audits/2016/08/08/examination-pitts-management-associates-inc-travel-expensesDiNapoli: Pennsylvania Man Who Impersonated Deceased Father to Steal $194K in NYS Pension and Social Security Payments Sentenced to 5 Years in Prison
… went to significant lengths to keep that money coming in. With today’s sentence, he’s finally being made to answer for … Office in 1992 and moved to Wyoming from Pennsylvania with his son, Timothy Gritman, in August 2017. In September … of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-pennsylvania-man-who-impersonated-deceased-father-steal-194k-nys-pension-and-social-security