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NY State Comptroller DiNapoli: Wells Fargo Needs to Pull Back the Curtain on Its Incentive Pay Program
… the company's efforts to determine whether its incentive pay practices have exposed it to financial loss. DiNapoli's … at the bank's annual meeting on April 24. "Incentive pay practices have been identified as contributing to the … portfolio of public and private equities, fixed income, real estate and alternative instruments. … New York State …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-wells-fargo-needs-pull-back-curtain-its-incentive-pay-programState Comptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … County) District officials established adequate procedures to ensure that goods and services were procured in accordance … in 2016 and $1.3 million in 2017 were not always remitted to the supervisor and treasurer in a timely manner. In …
https://www.osc.ny.gov/press/releases/2018/06/state-comptroller-dinapoli-releases-municipal-auditsMedicaid Program – Overpayments of Hospitals' Claims for Lengthy Acute Care Admissions
… through March 31, 2010. Background Medicaid recipients in need of inpatient hospital care are provided a full range … hospitals must indicate a patient's level of care on a claim to ensure accurate processing and payment. Certain … in 2008. Although the hospital provided acute care on the first day of the admission, the patient actually …
https://www.osc.ny.gov/state-agencies/audits/2013/07/25/medicaid-program-overpayments-hospitals-claims-lengthy-acute-care-admissionsComptroller DiNapoli Releases Municipal Audits
… Water District , Otsego County and Sullivan County . “In today’s fiscal climate, budget transparency and … Cash Receipts (Dutchess County) Cash collection duties in the town recreation department were not properly … audited and approved. The clerk-treasurer assembled claim packages, prepared abstracts and presented claims and …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-municipal-auditsDiNapoli Releases May State Cash Report
… receipts through May of this year were $1.6 billion, or 51 percent, higher than a year ago, including $715 million from a financial settlement with Credit Suisse AG that was … Miscellaneous receipts also included a $1 billion transfer from the State Insurance Fund. Through May, total receipts …
https://www.osc.ny.gov/press/releases/2014/06/dinapoli-releases-may-state-cash-reportDiNapoli: State Failed to Block Payments to Providers Supplying Controlled Substances Beyond Legal Limits
… telephone or fax due to the inherent risk of drugs ordered in this manner being diverted for inappropriate or … controlled substances that exceeded the supply limits put in place by the Controlled Substances Act and thus prevent …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-state-failed-block-payments-providers-supplying-controlled-substances-beyond-legal-limitsSUNY Bulletin No. SU-247
… and segregations have been created by the Bureau of State Accounting Operations. The appropriation charges to be … string that OSC Payroll has indicated will not roll to the new Fiscal Year Budget Reference. SUNY Pools not rolled to … System Questions mailbox. Please include this bulletin number in the email subject line. … To inform all agencies of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-university-new-york/su-247-new-york-state-payroll-system-payserv-suny-fiscal-year-endState Comptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … Union Free School District , Ithaca City School District , North Shore Central School District , Saugerties Central …
https://www.osc.ny.gov/press/releases/2017/07/state-comptroller-dinapoli-releases-school-auditsState Comptroller DiNapoli Releases State Audits
… announced today the following audits have been issued: NYC Human Resources Administration (HRA) and the Office of …
https://www.osc.ny.gov/press/releases/2016/07/state-comptroller-dinapoli-releases-state-audits-0State Comptroller DiNapoli Releases Municipal Audits
… Fire District – Credit Card and Travel Expenditures (Nassau County) The board needs to improve its policies and … Hempstead Sanitary District Number 14 – Board Oversight (Nassau County) The board has not established an internal …
https://www.osc.ny.gov/press/releases/2017/06/state-comptroller-dinapoli-releases-municipal-auditsNY State Pension Fund and Church Commissioners for England Call for Exxon to Separate Board Chair and CEO Positions
New York State Comptroller Thomas P DiNapoli on behalf of the New York State Common Retirement Fund the Fund today announced support for a shareholder proposal that calls on ExxonMobil to require the board chair be an independent member of the board
https://www.osc.ny.gov/press/releases/2019/05/ny-state-pension-fund-and-church-commissioners-england-call-exxon-separate-board-chair-and-ceoState Agencies Bulletin No. 1380
… of the timeline for the conversion of the account codes in PayServ to the statewide chart of accounts used today in … the SFS. Affected Employees The accounting, reporting and payroll distribution data for all employees paid through … PayServ and SFS, allowing for easier reconciliation of payroll charges. OSC has finalized their conversion plan and …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1380-new-york-state-payroll-system-payserv-conversion-statewide-financialCUNY Bulletin No. CU-595
… Purpose To provide agencies instructions for processing the CUNY … The CUNY Start Lead Instructor Differential payment is made in accordance with the Memorandum of Agreement … Note: Eligibility will end when the employee is no longer performing lead work responsibilities OSC …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-595-cuny-start-lead-instructor-differentialState Agencies Bulletin No. 1343
… Purpose To inform all agencies of upcoming changes to the PayServ system, inbound and … The State adopted a new chart of accounts in 2012 when it implemented the Statewide Financial System. OSC is … the account code string on the Position Pool page as they do currently. OSC is currently working to complete design …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1343-new-york-state-payroll-system-payserv-conversion-statewide-financialState Agencies Bulletin No. 1203
… Purpose To inform agencies of changes to the data entry and processing of new Hire … on the last Empl ID assigned in the system Installation Table. The new Empl ID will be an 8-digit number prefixed by … on the page as follows: On the Modify a Person page, the NYS EMPL ID field label has been changed to Alternate ID. …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1203-changes-online-hire-transaction-entry-payservComptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights
… City Comptroller Brad Lander today announced that they have called on Netflix shareholders to support their joint proposal urging the streaming service … the company and its investors.” “Netflix can and must do better to improve their commitment to upholding worker …
https://www.osc.ny.gov/press/releases/2023/05/comptrollers-dinapoli-lander-urge-fellow-netflix-investors-support-workers-rightsDiNapoli: New York’s Employee Stock Ownership Plans Lead Nation in Assets
… bottom lines, but can increase employees’ income levels and improve their retirement security. “Employee ownership … control over the company’s operations. Currently only one in 10 Americans hold equity shares in the companies they … goal of empowering employees through collective decision making and democratizing member control. Lastly, an Employee …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-new-yorks-employee-stock-ownership-plans-lead-nation-assetsMedicaid Program – Excessive Premium Payments for Dual-Eligible Recipients Enrolled in Mainstream Managed Care and Health and Recovery Plans
… whether Medicaid overpaid Mainstream Managed Care and Health and Recovery Plan premiums on behalf of dual-eligible … Response Act, which, in part, increased the federal medical assistance percentage to state Medicaid programs. In …
https://www.osc.ny.gov/state-agencies/audits/2022/10/31/medicaid-program-excessive-premium-payments-dual-eligible-recipients-enrolled-mainstreamEconomic and Demographic Trends – 2022 Financial Condition Report
… 9.9 percent in 2020 to 6.9 percent in 2021. The leisure and hospitality sector, the hardest hit industry during the … 25 percent below that in 2019. The financial activities and government sectors continued to have job losses. In 2021, … round of economic impact payments (“stimulus checks”) and enhanced unemployment benefits through the third quarter …
https://www.osc.ny.gov/reports/finance/2022-fcr/economic-and-demographic-trendsTrash Can Free Stations Pilot Program
… Purpose To determine if Metropolitan Transportation-New York City Transit officials effectively evaluated the various Phases of the Trash Can Free Stations Pilot Program, intended to improve cleanliness of stations and …
https://www.osc.ny.gov/state-agencies/audits/2015/09/22/trash-can-free-stations-pilot-program