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Comptroller DiNapoli Statement in Response to President Trump’s Withdrawal From the Paris Agreement
… Trump’s decision to walk away from the Paris Agreement is a mistake, is bad policy and relegates the United States … a reality." Background Comptroller DiNapoli has taken ground breaking actions to promote solutions to climate …
https://www.osc.ny.gov/press/releases/2017/06/comptroller-dinapoli-statement-response-president-trumps-withdrawal-paris-agreementDiNapoli: IDA Audits Reveal Need For Improved Project Oversight
… but without adequate safeguards in place the effectiveness of these efforts cannot be measured. While some IDAs around the state have begun to improve their oversight of projects, more needs to be done.” The Comptroller’s … to track amounts billed and collected for Payments in Lieu of Taxes (PILOT). Auditors found three businesses were …
https://www.osc.ny.gov/press/releases/2015/09/dinapoli-ida-audits-reveal-need-improved-project-oversightDiNapoli: State Pension Fund Releases Annual Investment Return
… New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March … real estate and real assets (13.39%) and credit, absolute return strategies and opportunistic alternatives (6.33%). The Fund’s long-term expected rate of return is 5.9%. The Fund’s annual valuation date is tied to …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-state-pension-fund-releases-annual-investment-returnDiNapoli: Ontario County Resident Pleads Guilty to Stealing Funds From New York State Retirement System
… New York State Comptroller Thomas P. DiNapoli and Ontario County District Attorney James Ritts announced today … taxpayers,” DiNapoli said. “Thanks to our partnership with Ontario County District Attorney James Ritts and Ontario County Sheriff Kevin Henderson, we were able to stop …
https://www.osc.ny.gov/press/releases/2021/06/dinapoli-ontario-county-resident-pleads-guilty-stealing-funds-new-york-state-retirement-systemTown of Dayton - Supervisor's Records and Reports (2019M-189)
… not issue receipts. Did not submit an annual accounting to the Board for its audit of the Supervisor’s records. Key … Provide the Board the appropriate reports it needs to properly monitor the Town’s financial operations. The … agreed with our recommendations and indicated they planned to initiate corrective action. Appendix B includes our …
https://www.osc.ny.gov/local-government/audits/town/2020/01/31/town-dayton-supervisors-records-and-reports-2019m-189Coca Cola Compensation Programs Letter
Cola Co letter regarding shareowner proposal submitted by the NYS Common Retirement Fund for the 2020 Annual General Meeting of Shareowners.
https://www.osc.ny.gov/files/press/pdf/coca-cola-compensation-letter.pdfNew York State Comptoller Thomas P. DiNapoli Statement on Standard & Poor's Upgrade of NYS General Obligation Bonds
… "Today’s bond rating upgrade from Standard & Poor's Ratings Services, … Poors Ratings Services coming on the heels of upgrades by Moodys Investors Service and Fitch Ratings again shows that …
https://www.osc.ny.gov/press/releases/2014/07/new-york-state-comptoller-thomas-p-dinapoli-statement-standard-poors-upgrade-nys-general-obligationWho Is Responsible? – Improving the Effectiveness of Your Claims Auditing Process
… exceptions, the governing board is generally responsible for the audit of claims. The audit of claims is one of the … of goods and services and the authorization of payments for those goods and services. Even though this is a … by law, have chosen to delegate their responsibility for auditing claims and have established the position of …
https://www.osc.ny.gov/local-government/publications/claims-auditing-process/who-responsibleState Agencies Bulletin No. 1951
… paycheck stub or direct deposit advice. D40 Over 40 Cash Out DH4 Over 40 Hourly Cash Out 40C Over 40 Cash Out CSEA Questions Questions regarding this bulletin …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1951-2021-csea-and-pef-over40-comp-time-ii-cash-outState Agencies Bulletin No. 1867
… Over40 Comp Time II Cash Out. Affected Employees Employees in the following bargaining units who have opted to participate in the Over40 Comp Time II program are affected: … and income taxes and will be reported on the employee's Form W-2. Payroll Register and Employee’s Paycheck/Advice A …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1867-2020-csea-and-pef-over40-comp-time-ii-cash-outDiNapoli: Former State Employee Arrested for Falsely Claiming She Never Received $4K Loan Check from New York State and Local Retirement System
… and the New York State Police. “Shannon Brady tried to scam the New York State and Local Retirement System by lying …
https://www.osc.ny.gov/press/releases/2022/05/dinapoli-former-state-employee-arrested-falsely-claiming-she-never-received-4k-loan-check-new-yorkState Agencies Bulletin No. 1685
… Purpose To provide agency instructions for processing the 2018 CSEA … Employees in the following bargaining units who have opted to participate in the Over40 Comp Time II program: … Employees do not need to be currently enrolled in the Over 40 Comp Time II program, or be currently employed in an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1685-2018-csea-and-pef-over40-comp-time-ii-cash-outNYS Comptroller DiNapoli: ExxonMobil Agrees to Assess Impacts of Climate Change
… P. DiNapoli today announced that ExxonMobil has agreed to implement the shareholder request that the company analyze how worldwide efforts to adopt the Paris Agreement goals for … Exxon voting shareholders at the company's annual meeting in May. As a result of the company's decision, the Fund will …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-exxonmobil-agrees-assess-impacts-climate-changeTown of Davenport - Transparency (2018M-85)
… of claims to identify any irregularities or deficiencies in the claims submitted for payment. Town officials generally … Appendix B includes our comment on issues that were raised in the Town’s response letter. … Town of Davenport …
https://www.osc.ny.gov/local-government/audits/town/2018/08/31/town-davenport-transparency-2018m-85Examples from GASB Statement 34 - Statement of Changes in Fiduciary Net Assets
… Examples from GASB Statement 34 included in this bulletin, copyright by the … $ 65,796,103 $ 80,776 Statements of individual pension plans and external investment pools are required to …
https://www.osc.ny.gov/local-government/publications/examples-gasb-statement-34-statement-changes-fiduciary-net-assetsCUNY Bulletin No. CU-703
… a request to both OSC and CUNY for the creation of retirement before tax and after tax arrears deduction codes … notify CUNY agencies via mail to start, stop, or change retirement arrears deductions. OSC Actions OSC has activated … mail from NYCTRS indicating employees who owe arrears. The letter will specify the tax classification of the arrears …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-703-new-retirement-arrears-deduction-codes-members-new-yorkAlternative and Out-of-Service Death Benefits – State Police Plan
… Alternative Death Benefit If you die in service after you are eligible to retire, an alternative death benefit may be payable. This benefit would equal the pension reserve that would have been established under the State Police …
https://www.osc.ny.gov/retirement/publications/1518/alternative-and-out-service-death-benefitsAlternative and Out-of-Service Death Benefits – Special 20- and 25-Year Plans
… years of credited service, but you have not yet retired, and you die less than one year after leaving public …
https://www.osc.ny.gov/retirement/publications/1517/alternative-and-out-service-death-benefitsII.4.C Cash and Basic Financial Statements – II. New York State Financial Accounting
… The basic financial statements consist of statements comprised of both government-wide and fund … basis for the condition measurement and the measurement scale used to assess and report condition; The condition … who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-ii/ii4c-cash-and-basic-financial-statementsCost-of-Living Adjustment – En-Con Police Officers Plan
… requirements, including age and number of years retired, your retirement benefit will permanently increase each year. This adjustment, subject to pension caps and limitations, is 50 percent of the previous year’s annual rate of inflation, but never less than 1 percent or more than 3 percent of your …
https://www.osc.ny.gov/retirement/publications/1822/cost-living-adjustment