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NYS Common Retirement Fund Announces Third Quarter Results
… 2016, with an estimated value of $186 billion, according to New York State Comptroller Thomas P. DiNapoli. "The state … downturn, is headed for a successful year. We continue to focus on prudent, long-term management of investments to make sure our assets match our liabilities," DiNapoli …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: MTA Needs to Improve Efforts to do Business with Minority- and Women-Owned Businesses
… and did not give rationale for the lower target, according to an audit released today by State Comptroller Thomas P. … the playing field and give qualified companies a chance to do business with the state,” DiNapoli said. “The MTA needs to … subcontractors were present, but there was no record of how many subcontractors were working on these contracts. This …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-mta-needs-improve-efforts-do-business-minority-and-women-owned-businessesMaximizing Incentives for Individuals With Disabilities
… Objective To determine whether the Office of Mental Health (OMH) has … adults with a disability was 33% compared to 74% for working-age adults statewide. Further, working-age New … Office for the Aging, and the State Education Department’s Adult Career and Continuing Education Services – Vocational …
https://www.osc.ny.gov/state-agencies/audits/2022/08/30/maximizing-incentives-individuals-disabilitiesDiNapoli: Chipotle Needs to Address Concerns Over Racial Equity and Inclusion
… including customer and employee attrition, negative press, significant fines and regulatory inquiries. A racial … filed a coronavirus-related Occupational Safety and Health Administration complaint claiming that employees …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-chipotle-needs-address-concerns-over-racial-equity-and-inclusionDiNapoli: State Pension Fund Value $194.3 Billion
… today announced the New York State Common Retirement Fund (Fund) had a -2.68 percent return on investments in the … transparency and in many cases appears to be in the vanguard of industry standards in this area.” Additionally, … today announced the New York State Common Retirement Fund Fund had a 268 percent return on investments in the …
https://www.osc.ny.gov/press/releases/2020/07/dinapoli-state-pension-fund-value-1943-billionUnified Court System Bulletin No. UCS-322
… Purpose The purpose of this bulletin is to introduce a new Action Reason code to identify employees who receive a salary reconstruction due to the reintroduction of Longevity Steps for CSEA, Management …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-322-reintroduction-unified-court-system-csea-longevity-stepsNYS Common Retirement Fund Announces Second Quarter Results
… solid quarter,” DiNapoli said. “Our long-term perspective and our diversified portfolio continue to cushion the Fund against volatility and help ensure sustainable returns that provide retirement security for our 1.1 million members, retirees and their beneficiaries.” The Fund's estimated value reflects …
https://www.osc.ny.gov/press/releases/2016/11/nys-common-retirement-fund-announces-second-quarter-resultsDiNapoli: Problems Caused by Outdated System Left State's Unemployment Insurance Program Vulnerable to Fraud
… The state Department of Labor’s (DOL) failure to replace its long-troubled Unemployment Insurance (UI) system and ad hoc workarounds to compensate for the old system weakened oversight and … the number of weeks that payments were made); and How the claims were identified as fraudulent (e.g., whether …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-problems-caused-outdated-system-left-states-unemployment-insurance-program-vulnerable-fraudComplaint Processing
… mediates, hears, makes findings, and recommends action on civilian complaints filed against members of the NYPD. … CCRB investigators make recommendations to CCRB’s Board on how each allegation should be resolved, the Board decides the disposition of each allegation based on the majority vote of a panel of three Board members. CCRB …
https://www.osc.ny.gov/state-agencies/audits/2022/10/05/complaint-processingNext Generation 911 Services
… if the Division of Homeland Security and Emergency Services (DHSES) is effectively overseeing the development and implementation of New York State’s Next Generation 911 plan, and whether the Office of …
https://www.osc.ny.gov/state-agencies/audits/2025/06/04/next-generation-911-servicesRochester Prep Charter School 3 – IT Asset Management (2025M-36)
… report – pdf] Audit Objective Did Rochester Prep Charter School 3 (School) officials appropriately track, inventory … services integral to the School’s operation. The Company’s Regional Superintendent of Operations (Regional Superintendent) and Senior Director of IT, Operations and Product Management (IT …
https://www.osc.ny.gov/local-government/audits/charter-school/2025/08/29/rochester-prep-charter-school-3-it-asset-management-2025m-36Housing Trust Fund Corporation: Internal Controls and Maximization of Federal Funding for CDBG and HOME (Follow-Up) (2023-F-42)
To determine the extent of implementation of the recommendation included in our initial audit report, Housing Trust Fund Corporation: Internal Controls Over and Maximization of Federal Funding for Community Development Block Grant & HOME Investment Partnerships Programs (Report 2021-S-10).
https://www.osc.ny.gov/files/state-agencies/audits/pdf/sga-2024-23f42.pdfCUNY Bulletin No. CU-198
… Purpose To notify agencies of a change in eligibility for Deduction … Checks dated March 4, 2004 Background DC 37 sends a file to OSC to start, change and cancel these deductions. No agency …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-198-change-eligibility-voluntary-insurance-program-dc-37Common Reporting Errors: From AUD to AFR
In this session, you will learn about common reporting errors made by local governments when completing annual reports and our staff will explain how to correctly report the underlying transactions.
https://www.osc.ny.gov/files/local-government/academy/pdf/common-reporting-errors-aud-afr-12-7-22-update.pdfAnnual Update: Metropolitan Transportation Authority’s Debt Profile
As 2020 began, the Metropolitan Transportation Authority (MTA) was already facing challenges in balancing its budget, along with missed capital commitment goals, capital funding risks and escalating debt service costs.
https://www.osc.ny.gov/files/reports/osdc/pdf/mta-debt-rpt-1-2022.pdfCopiague Fire District – Procurement (2020M-114)
Determine whether Copiague Fire District (District) officials used a competitive process to procure goods, services and professional service providers and ensured that no conflict of interest existed in the procurement process.
https://www.osc.ny.gov/files/local-government/audits/2021/pdf/copiague-district-2020-114.pdfSummary Page How-To Guide
This guide shows you (as an employer reporting contact) how to report non-overtime and overtime earnings on the Summary Page in Retirement Online using either Manual Reporting or a File Upload.
https://www.osc.ny.gov/files/retirement/employers/pdf/summary-page-how-to-guide.pdfMedicaid Cap Legislation
A new law was enacted (Chapter 58 of the Laws of 2005) to “cap” county Medicaid costs at calendar 2005 levels and limit growth rates to 3.5 percent in 2006 and
https://www.osc.ny.gov/files/local-government/publications/pdf/medicaidcap_1.pdfHamburg Recreation Worker Sentenced to Jail and Probation for Stealing $156K
… Thomas P. DiNapoli and Erie County District Attorney John J. Flynn. Erickson, 54, took fees from 2011 to 2017, … work of my office in partnership with District Attorney John Flynn, Ms. Erickson has been brought to justice.” “Over … in this investigation,” said Erie County District Attorney John Flynn. Since taking office in 2007, DiNapoli has …
https://www.osc.ny.gov/press/releases/2019/03/hamburg-recreation-worker-sentenced-jail-and-probation-stealing-156kDiNapoli and Rice Halt Pension Scam
… P. DiNapoli and Nassau County District Attorney Kathleen Rice today announced the guilty plea of retired Suffolk … DiNapoli said. “By partnering with District Attorney Rice’s office, we were able to protect the integrity of the …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-and-rice-halt-pension-scam