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DiNapoli: State Pension Fund Reaches Record High of $176.2 Billion
… billion," DiNapoli said. “The strength of the domestic equity market, coupled with strong private equity and real estate returns, drove much of our growth. The … Income -0.2% 21.4% Non-US Equities 13.2% 13.1% Private Equity 17.5% 7.9% Real Estate 18.7% 6.9% TIPS* -6.2% 5.8% …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-state-pension-fund-reaches-record-high-1762-billionTown of Rossie – Records and Reports and Cash Disbursements (2013M-168)
… The Town of Rossie is located in St. Lawrence County and has a population of 877. The Town Board comprises four elected members and a Town Supervisor. The Town’s 2012 budgeted operating … expenditures totaled $200,296 for the general fund and $288,160 for the highway fund. Key Findings The …
https://www.osc.ny.gov/local-government/audits/town/2013/10/04/town-rossie-records-and-reports-and-cash-disbursements-2013m-168Village of Village of the Branch – Internal Controls Over Financial Operations (2013M-43)
… have entered into a contract, which provides for an annual fee for basic services of $8,000 plus 50 percent of certain … that anyone performing discretionary functions, such as fee collections, police powers and building inspections on …
https://www.osc.ny.gov/local-government/audits/village/2013/04/19/village-village-branch-internal-controls-over-financial-operations-2013m-43State Comptroller DiNapoli Releases Municipal Audits
… board did not ensure that goods and services were procured in accordance with the procurement policy and that all claims … not have assurance that goods and services are purchased in the most economical manner. Seven claims and 44 debit card … paid prior to board audit and approval, which could result in the district making improper or inappropriate payments. …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-releases-municipal-auditsState Agencies Bulletin No. 2368.1
… agencies with updated information on the use of Deduction code 433, Unemployment Insurance Owed and notify agencies of new deduction code 509, Unemployment Insurance. Affected Employees: … agencies with updated information on the use of Deduction code 433 Unemployment Insurance Owed and notify agencies of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/23681-instructions-use-deduction-code-433-unemployment-insurance-owed-andState Agencies Bulletin No. 2368
… insurance benefits previously received by employees if the employee has received sufficient notice and an opportunity to be heard. The DOL makes determinations as to whether a NYS employee has received an overpayment of unemployment …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2368-instructions-use-deduction-code-433-unemployment-insurance-owed-and-newNYC Budget Is Balanced but Risks Are Growing
… The New York City Mayor’s preliminary executive budget for FY 2020 is balanced, but there are risks, including proposed drops in … City’s coffers,” DiNapoli said. “Still, there are risks on the horizon, and Mayor de Blasio’s efforts to find additional … The New York City Mayors preliminary executive budget for FY …
https://www.osc.ny.gov/press/releases/2019/03/nyc-budget-balanced-risks-are-growingOpinion 92-44
… that bear on the issues discussed in the opinion. POLICE AND POLICE PROTECTION -- Police Chief (entitlement to fringe … of a city, who is the permanent full-time head of the police department, is not required, pursuant to General … Whether pursuant to General Municipal Law 207m the chief of police of a city who is the permanent fulltime head of the …
https://www.osc.ny.gov/legal-opinions/opinion-92-44DiNapoli: State Pension Fund Releases Annual Investment Return
… pension fund’s diverse investments, members, retirees and beneficiaries can rest assured their pensions are secure,” … opportunistic alternatives (6.33%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation … and local government employees and retirees and their beneficiaries. It has consistently been ranked as one of the …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnState Agencies Bulletin No. 1526
… Do not leave printouts with employee data on a shared printer Shred any printed reports once the reports are no …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1526-use-new-york-state-employee-id-new-york-state-payroll-systemState Agencies Bulletin No. 2041
… employee remains in an eligible position. Calculating the New Compensation Rate The salary on each inserted row will be … or 03/31/2022 (Administration) Institution Agencies Only New Hire transactions submitted in Institution Pay Period 10L … be at the hiring rate when Action of PAY and Reason of NEW is used.” Please ignore this warning message. Beginning …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2041-april-2021-and-2022-managementconfidential-mc-retroactive-salaryDiNapoli & Schneiderman Announce Sentencing of Former MET Council Insurance Broker
… (“Met Council”), has been sentenced to 18 months in jail. Ross also paid $534,000 in restitution to Met Council … that provide them with vital services, you will face jail time. That applies to all New Yorkers, including the … Friedman was convicted and sentenced to four months in jail, and ordered to pay $775,000 in restitution to Met …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-schneiderman-announce-sentencing-former-met-council-insurance-brokerComptroller DiNapoli, U.S. Attorney Hartunian & New York A.G. Schneiderman Announce Guilty Pleas on State and Federal Charges By Former Assemblymember William Scarborough
… the Federal Bureau of Investigation, today announced that former New York State Assemblymember WILLIAM SCARBOROUGH, age 69, of Queens, New York, has agreed to enter guilty pleas on federal and state public charges … investigations. SCARBOROUGH pled guilty this morning to federal charges and is scheduled to plead guilty to state …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-us-attorney-hartunian-new-york-ag-schneiderman-announce-guilty-pleas-state-andState Police Bulletin No. SP-229
… Purpose The purpose of this bulletin is to inform the Division of the State Police of OSC’s automatic processing and provide … The purpose of this bulletin is to inform the Division of the State Police of OSCs automatic …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-police/sp-229-april-2022-implementation-location-pay-certain-counties-and-increasesState Agencies Bulletin No. 685
… (DCS) to establish a new payroll bargaining unit code, BU 91. This change is implemented purely for administrative … Unit ( see attachment ). Payroll Bargaining Unit Code 91 has been established for the attached list of … The Payroll Bargaining Unit Code will be Bargaining Unit 91 ( Security Supervisors NA ). The Union Code will remain …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/685-establishment-new-payroll-bargaining-unit-codes-non-arbitration-eligibleCUNY Bulletin No. CU-794
… of this bulletin is to provide agencies with instructions for processing the CUNY rate increases for Plumbers and Thermostat Repairer Titles. Affected … United Association. The Consent Determination provides for retroactive rate increases for employees in the titles …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-794-cuny-retroactive-rate-increases-plumbers-and-thermostatCUNY Bulletin No. CU-808
… Background: A Consent Determination was entered and filed on 08/28/2024 between the Comptroller of the City of New York … is eligible for a retroactive increase and has been paid by multiple agencies in the same Employee Record Number since … Retired, or Deceased will be automatically cancelled by OSC with the exception of percentage-based dues and the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-808-cuny-retroactive-rate-increases-carpenter-and-supervisorCUNY Bulletin No. CU-819
… of this bulletin is to provide agencies with instructions for processing the CUNY rate increases for Steamfitter and Steamfitter’s Helper titles. Affected Employees: CUNY employees in the … of this bulletin is to provide agencies with instructions for processing the CUNY rate increases for Steamfitter and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-819-cuny-retroactive-rate-increases-steamfitter-andDiNapoli: Audit Reveals Questionable Financial Decisions, Lack of Transparency in Hempstead School District
… released an audit today of the Hempstead Union Free School District that uncovered a myriad of systemic problems, … staff payments and repeatedly excluding the public from board deliberations. “Actions in the Hempstead school … was not always evident and the board often conducted business that did not appear to be of any real urgency. …
https://www.osc.ny.gov/press/releases/2014/12/dinapoli-audit-reveals-questionable-financial-decisions-lack-transparency-hempstead-school-districtTown of Sodus – Financial Management and Professional Services (2013M-99)
… management and procurement of professional services for the period January 1, 2011, through February 14, 2013. … Findings The Board did not develop policies and guidelines for budget preparation and monitoring. As a result, it … the year as required. Provide for a timely annual audit of all Town officials or employees who receive or disburse Town …
https://www.osc.ny.gov/local-government/audits/town/2013/09/13/town-sodus-financial-management-and-professional-services-2013m-99