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2025 Corporate Governance Stewardship Report
Our Corporate Governance Program works to help protect the New York State Common Retirement Fund’s long-term value by exercising prudent stewardship of our portfolio by engaging with the public companies we invest in on key environmental, social, and governance issues that have a financial impact.
https://www.osc.ny.gov/files/reports/special-topics/pdf/2025-stewardship-priorities.pdfState Comptroller DiNapoli Releases Audits
… higher-risk transactions. Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2019/02/state-comptroller-dinapoli-releases-auditsOpinion 91-15
… bear on the issues discussed in the opinion. ZONING AND PLANNING -- Park Lands (authority of newly incorporated … Law, §7-730 provides in pertinent part that a village planning board, as a condition to approval of a subdivision … suitable for recreation or, if that is not practical, the planning board may require payment of a sum to be utilized as …
https://www.osc.ny.gov/legal-opinions/opinion-91-15Opinion 94-16
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion may no longer represent …
https://www.osc.ny.gov/legal-opinions/opinion-94-16Opinion 88-29
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. … 837. In Rose , supra , a town board member acquired, at county tax sale, land situated in the town in which the board … because the board member was at all times dealing with the county rather than the town in acquiring the property (52 …
https://www.osc.ny.gov/legal-opinions/opinion-88-29Military Service Credit
… cases buying military service credit will increase your pension. You can receive credit whether your military service … cases, buying military service credit will increase your pension, but there are exceptions. For example, certain … the 20 years. Most members can use our Benefit Projection Calculator to estimate their retirement benefit. Try …
https://www.osc.ny.gov/retirement/members/military-service-creditState Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District To Support Community Banking in South Bronx
… Thomas P. DiNapoli said . “This is a smart, sound investment to ensure more financial services are available to … the Banking Development District (BDD) program, this vital investment will enhance financial inclusion and support … highly deserving, communities, and real estate ownership, investment, and development with a particular emphasis on …
https://www.osc.ny.gov/press/releases/2024/09/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newNY State Comptroller DiNapoli Doubles Low Emissions Index Investment to $4 Billion
… index, doubling its investment. The Fund was the first public pension fund in the U.S. to create an index that … with an annual carbon footprint analysis of the Fund's public equity portfolio (16 percent lower overall emissions … New York State Common Retirement Fund is the third largest public pension fund in the United States with estimated …
https://www.osc.ny.gov/press/releases/2018/01/ny-state-comptroller-dinapoli-doubles-low-emissions-index-investment-4-billionDiNapoli: State Medicaid Program Made More Than $100 Million in Duplicate Payments
… use the WMS to process applicant data for the various public assistance programs, including Medicaid. WMS is … state's 160,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-state-medicaid-program-made-more-100-million-duplicate-paymentsDiNapoli: Audit Finds More Than $16 Million in Medicaid Cost Savings
New York states Medicaid system could have saved up to $136 million it spent on patients with severe kidney disease whose expenses could have been covered by the federal Medicare program according to an audit released today by State Comptroller Thomas P DiNapoli
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-audit-finds-more-16-million-medicaid-cost-savingsOpinion 92-37
… in which the fire protection district is located, after public hearing, may dissolve the fire protection district and … 172-d further states that, whenever the town board, after public hearing, adopts a resolution approving the dissolution …
https://www.osc.ny.gov/legal-opinions/opinion-92-37DiNapoli: Better Oversight Needed for Youth Jobs Programs
… P. DiNapoli today announced that an audit of the New York Youth Jobs Program found that the state agencies overseeing the program, including the Departments of Labor and Tax and Finance, did not ensure that participating businesses hired only people who qualified for the program and that the tax credits they were given were …
https://www.osc.ny.gov/press/releases/2019/01/dinapoli-better-oversight-needed-youth-jobs-programsDiNapoli: Health Departments Need to Clean Up Act on Food Safety
… up on foodborne illness outbreaks and for protecting the public from further contamination. However, a lack of … state's 160,000 contracts, billions in state payments and public authority data. Visit the Reading Room for contract …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-health-departments-need-clean-act-food-safetyDiNapoli: $1 Million in License Plate Contributions Sit Unused by State
… of the money generated through distinctive license plates and a license application check-off box to support New York’s … had a balance of more than $1 million in December 2015 and has not been used by DOH since its inception over a … ranks among the lowest nationally in registering organ and tissue donors, yet we’re sitting on $1 million that could …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-1-million-license-plate-contributions-sit-unused-stateOversight of the Supported Housing Program – Rehabilitation Support Services, Inc.
… those discharged from State psychiatric centers and public and private hospitals, as well as other individuals … to enhance internal controls to ensure that limited public funding is used economically and efficiently to …
https://www.osc.ny.gov/state-agencies/audits/2017/05/04/oversight-supported-housing-program-rehabilitation-support-services-incOversight of Food Service Establishments
… decreased from 76 percent in 2014 to 64 percent in 2017. Designated health departments are not adequately …
https://www.osc.ny.gov/state-agencies/audits/2019/04/05/oversight-food-service-establishmentsFar Rockaway Pre-School Executive Director Sentenced to Jail Time for Theft of Education Funds Intended for Special Needs Students
… The now defunct center primarily provided services for pre-school children of the Orthodox Jewish communities of Far … taking office in 2007, DiNapoli has committed to fighting public corruption and encourages the public to help fight fraud and abuse. New Yorkers can report …
https://www.osc.ny.gov/press/releases/2018/03/far-rockaway-pre-school-executive-director-sentenced-jail-time-theft-education-funds-intended-specialComptroller DiNapoli and A.G. Schneiderman Announce Conviction and Sentencing of Florida Man For Theft of Over $180,000 in NYS Pension Benefits
… J. Schusteritsch, 71, a resident of the state of Florida, for the crimes of Grand Larceny in the Second Degree, a class … “Those who illegally obtain pension funds intended for someone else do so at the expense of hardworking New Yorkers who rely on their pension for a secure retirement,” said Attorney General Schneiderman. …
https://www.osc.ny.gov/press/releases/2016/12/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-and-sentencing-florida-man-theft-overOpinion 89-9
… "... earnings, wages, salary or bonus payable by an employer... to, or to the estate of, or to a beneficiary …
https://www.osc.ny.gov/legal-opinions/opinion-89-9DiNapoli: NYC Parks Can Do More to Correct Barriers to People With Disabilities
… Comptroller Thomas P. DiNapoli. “Federal law demands equal access to public spaces, but we found hundreds of barriers to … Most of the barriers were Readily Achievable. The survey was supposed to be the basis of an accessibility … with no grab bars. Accessibility information on Parks’ website was not always accurate and was contradicted by …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-nyc-parks-can-do-more-correct-barriers-people-disabilities