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NYSLRS Announces Employer Contribution Rates for 2024-25
… Thomas P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System … Fiscal Year (SFY) 2024-25. Employers’ average contribution rates will increase from 13.1% to 15.2% of payroll for the … one of the strongest pension funds in the nation, and the rates announced today will help ensure that public workers …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25NYS Common Retirement Fund Reports First Quarter Results
… The New York State Common Retirement Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2020-21 was 10.35 percent for … The New York State Common Retirement Funds Fund estimated …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsXII.10.D Monitoring Moving Services – XII. Expenditures
… procuring and paying for moving services from the Office of General Services’ (OGS) centralized contracts. It is … Moving Services centralized contract provides a listing of eligible contractors by region. Services available under … and other general activities related to relocation of agencies. By using these pre-established contracts, …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii10d-monitoring-moving-servicesVillage of Penn Yan – Procurement (2024M-152)
… Village of Penn Yan (Village) officials ensured Water Treatment Plant (WTP) procurements were made in accordance … Village of Penn Yan Village officials ensured Water Treatment Plant WTP procurements were made in accordance with …
https://www.osc.ny.gov/local-government/audits/village/2025/03/07/village-penn-yan-procurement-2024m-152Cayuga-Onondaga Board of Cooperative Educational Services - Procurement of Professional Services (2018M-270)
… whether professional services were procured in a manner to ensure the prudent and economical use of public money in … some form of competition, and provide guidance as to how competition should be solicited. Ensure that BOCES has … detailing the types and timeframes of the services to be provided and compensation to be paid. BOCES officials …
https://www.osc.ny.gov/local-government/audits/boces/2019/03/22/cayuga-onondaga-board-cooperative-educational-services-procurement-professionalTown of Sheridan – Shared Services Costs (2023M-74)
… the Town of Sheridan (Town) was reimbursed equitably for shared service costs incurred pursuant to an … (IMA) and whether the Town Board (Board) conveyed land in a transparent and equitable manner. Key Findings The Town was not reimbursed equitably for shared service costs related to the IMA and the operating …
https://www.osc.ny.gov/local-government/audits/town/2023/12/22/town-sheridan-shared-services-costs-2023m-74Omnibus Procurement Amendments
… – Relates to participation by state agencies in a system used by the comptroller to compile vendor … Relates to participation by state agencies in a system used by the comptroller to compile vendor …
https://www.osc.ny.gov/legislation/omnibus-procurement-amendments-1DiNapoli Statement on the Governor’s 9th Proposal for the 2018 State of the State
… Thomas P. DiNapoli released the following statement today in response to the Governor’s 9th Proposal for the 2018 State … greenhouse gas emissions. We will be expanding this effort in 2018. The Fund’s commitment to sustainable investments is … to identify additional ways to continue our progress in achieving investment returns, while contributing to the …
https://www.osc.ny.gov/press/releases/2017/12/dinapoli-statement-governors-9th-proposal-2018-state-stateExamination of Official Station Designation
… official station will normally be the employee’s main place of business (i.e., the place where the employee works more than any other work … of the State. Instead of designating the employee’s main place of business, where the employee spent 61 percent and 72 …
https://www.osc.ny.gov/state-agencies/audits/2018/12/27/examination-official-station-designationDiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
… new requests to major corporations seeking information on how they support LGBTQIA+ employees in the workplace. … This latest request follows ongoing engagement with Best Buy Co., questioning whether the company has retreated from …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companiesNYS Common Retirement Fund Reports Third Quarter Results
… Fund assets by allocation are invested in cash, bonds and mortgages (22.37%), private equity (12.36%), real estate and …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsNYS Common Retirement Fund Announces Second Quarter Results
… of the Fund’s 2015-2016 fiscal year was -4.13 percent for the three-month period ending Sept. 30, 2015, according … weather such ups and downs and provide retirement security for generations to come. While we’ve seen some recovery in … quarter, there is no question that this is a tough year for investors.” The Fund's estimated value reflects benefits …
https://www.osc.ny.gov/press/releases/2015/11/nys-common-retirement-fund-announces-second-quarter-resultsAccounting for Capital Assets
A municipality's inventory of capital assets often represents its most significant investment of resources. This session will cover the proper accounting for these valuable assets. We will also discuss best practices to ensure these assets are properly safeguarded from theft or loss.
https://www.osc.ny.gov/files/local-government/academy/pdf/accounting-capital-assets-110624.pdfNYS Common Retirement Fund Announces Third Quarter Results
… toward consistently achieving long term results but we watch the markets closely to capitalize on emerging …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: State Pension Fund Releases Annual Investment Return
… have been trying for investors, but thanks to the state pension fund’s diverse investments, members, retirees and … The Fund's value reflects retirement and death benefits of $14.7 billion paid out during the fiscal year. Employer … assumptions, including wage growth, inflation, age of retirement and mortality. Integral to the Fund’s strength …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnDiNapoli: Pension Contribution Rates Remain Stable for Fiscal Year 2017-18
… New York State Comptroller Thomas P. DiNapoli announced today. The average contribution rate for the Employees' … combinations. The employer contribution rates announced today will apply to the salaries paid by each employer during … New York State Comptroller Thomas P DiNapoli announced today …
https://www.osc.ny.gov/press/releases/2016/09/dinapoli-pension-contribution-rates-remain-stable-fiscal-year-2017-18VII.10.D Cash Advance Payment Types – VII. State Revenues and Appropriated Loan Receivables
… the required documentation. Petty Cash (Advance Account Code 59001) The petty cash advance account can be used for … permitted. The amount of each change fund should remain constant and be withheld at the close of each day from the … on an imprest basis; i.e., the cash is replenished for the exact amount of the expenditures reported. Caution should be …
https://www.osc.ny.gov/state-agencies/gfo/chapter-vii/vii10d-cash-advance-payment-typesDiNapoli: State Pension Fund Value $206.9 Billion
… March 31, 2018. The Fund ended the year with an estimated value of $206.9 billion, which is subject to change once returns are fully audited. The Fund’s value at the end of state fiscal year 2017 was $192.4 … billion. “The New York State Common Retirement Fund’s value rose with help from strong markets through most of the …
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionBuffalo Business Delivers $9 Million Investment Gain To The State Pension Fund
… partners in 2004 (Trillium Group) and in 2006 (Hamilton Lane). Combined, the two managing partners have made six … the program. For information, visit: http://www.osc.state.ny.us/pension/instate/ For a copy of the September 2014 … the U.S., Europe, Asia, Latin America and the Middle East. With over $220 billion in total assets under management …
https://www.osc.ny.gov/press/releases/2014/12/buffalo-business-delivers-9-million-investment-gain-state-pension-fundProcurement Practices
… more than 31,000 students and employs more than 2,500 faculty on its three campuses. In support of its mission, …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practices