Search
Accounts Payable Advisory No. 63
… Reference: Guide to Financial Operations (GFO), Chapter XI-A, Section 1.B - Category Codes Guidance: In the SFS, the category code is … refer to GFO, Chapter XI-A, Section 1.B - Category Codes for more information. … Selecting Category Codes in the …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/63-category-codesOmnibus Procurement Amendments
… information; defining information technology for procurement purposes; clarifying the use of best and final offers for invitations for bids and requests for proposals for …
https://www.osc.ny.gov/legislation/omnibus-procurement-amendmentsOmnibus Technical Procurement Amendments
Relates to participation by state agencies in a system used by the comptroller to compile vendor responsibility information defining information technology for
https://www.osc.ny.gov/legislation/omnibus-technical-procurement-amendmentsNYS Common Retirement Fund Announces Third Quarter Results
… York State Common Retirement Fund’s (CRF) overall return in the third quarter of state fiscal year 2016-2017 was 1.11 … traded domestic equities and 15.6 percent in international public equities. The remaining Fund assets by allocation are invested in cash, bonds and mortgages (26.8 …
https://www.osc.ny.gov/press/releases/2017/02/nys-common-retirement-fund-announces-third-quarter-resultsDiNapoli: State Pension Fund Posts 9.5% Annual Investment Return
… actuarial assumptions, including wage growth, inflation, age of retirement and mortality. Integral to the Fund’s …
https://www.osc.ny.gov/press/releases/2022/08/dinapoli-state-pension-fund-posts-9-point-5-annual-investment-returnNYS Common Retirement Fund Reports Estimated First Quarter Results
… Fund’s (Fund) estimated return in the first quarter of the State Fiscal Year (SFY) 2022-23 was -8.24% for the … The Fund ended the quarter with an estimated value of $246.3 billion. “The first three months of the fiscal year brought upheaval to the financial markets …
https://www.osc.ny.gov/press/releases/2022/08/nys-common-retirement-fund-reports-estimated-first-quarter-resultsDiNapoli: Pension Contribution Rates for Employers Will Decrease for State Fiscal Year 2018-19
… System (ERS) will decrease from 15.3 percent of payroll to 14.9 percent of payroll. The estimated average … Retirement System (PFRS) will decrease from 24.4 percent to 23.5 percent of payroll. "We’ve had strong recent investment returns that have helped keep rates stable," DiNapoli said. "Stable rates …
https://www.osc.ny.gov/press/releases/2017/08/dinapoli-pension-contribution-rates-employers-will-decrease-state-fiscal-year-2018-19DiNapoli Urges Companies to Join Workplace Pledge to Fight Antisemitism
… at the Stand With Israel event at the Hampton Synagogue in Westhampton Beach. The event featured a keynote address by … known Rabbi Marc Schneier on unity and solidarity. In addition to his letters to the 50 companies, DiNapoli … companies to join the ADL pledge. “The dramatic rise in antisemitic incidents in the United States and the rest of …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-urges-companies-join-workplace-pledge-fight-antisemitismContract Advisory No. 31
… number SFS users will create a contract transaction in the SFS using the contract identification number based on … authorized agreement SFS users will create a transaction in the SFS using an “OC” prefix to identify the transaction … The Expire Date should be the last day of the fiscal year in which the purchase will be made unless the purchase …
https://www.osc.ny.gov/state-agencies/advisories/contract-advisory/31-purchases-ogs-centralized-contractsState Comptroller DiNapoli Calls on Corporations to Disclose Political Spending
… of third-party organizations. “The divisiveness in American political discourse has magnified significant risks …
https://www.osc.ny.gov/press/releases/2023/01/state-comptroller-dinapoli-calls-corporations-disclose-political-spendingSelected Procurement and Contracting Practices
… in other areas – such as the current limits on procurement card transactions – SUNY should consider revising its … that prices are reasonable. Update the procurement card policy related to cardholders’ transaction limits to be …
https://www.osc.ny.gov/state-agencies/audits/2015/07/06/selected-procurement-and-contracting-practicesState Pension Fund Adds $30 Million for Investments in New York Companies
… $30 million to Primary Venture Partners to invest in state-based companies, New York State Comptroller Thomas … Partners. "This new commitment to Primary Venture Partners for state-based investments will help grow the pension fund … to seeking out profitable investment opportunities for the Retirement System’s members, retirees and …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesNYS Common Retirement Fund Announces $800 Million in Recent Climate-Related and Sustainable Investments
… New York State Comptroller Thomas P. DiNapoli today announced $800 million in recent investments through the New York State Common Retirement Fund’s (Fund) Sustainable … In January, the Fund committed $300 million to Avenue Capital Sustainable Solutions Fund, which will focus …
https://www.osc.ny.gov/press/releases/2020/02/nys-common-retirement-fund-announces-800-million-recent-climate-related-and-sustainable-investmentsDiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… The return on investments increased the Fund’s value to an estimated $254.8 billion. “The state pension fund rode … ever. With our talented investment staff, I will continue to manage our state’s pension fund with prudence and a focus … retirement security for our members for generations to come.” The Fund's value reflects retirement and death …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyNY State Comptroller DiNapoli Statement on McDonald's Agreement to Tie Executive Compensation to Diversity, Workforce Management
… to foster inclusion and ensure improved human capital management. As a result of McDonald’s new policy, DiNapoli … company to connect executive compensation to the company’s management of ESG and workforce issues. The Fund owned … and the well-being of its employees. Strong human capital management policies like this are important drivers of …
https://www.osc.ny.gov/press/releases/2021/02/ny-state-comptroller-dinapoli-statement-mcdonalds-agreement-tie-executive-compensation-diversityNYS Common Retirement Fund Reports Third Quarter Results
… fund is strong and well-diversified and ready to meet any ups and downs. Investment gains will remain fragile until …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsTrumansburg Central School District – Procurement (2022M-13)
Determine whether Trumansburg Central School District (District) officials procured goods and services in the best interest of the taxpayers.
https://www.osc.ny.gov/files/local-government/audits/2022/pdf/trumansburg-2022-13.pdfDiNapoli: Major Retailers Agree to Report on Efforts to Protect Human Rights, Workplace Safety
… shareholder proposals filed by the New York State Common Retirement Fund (Fund) that asked the companies to report on … rise to child labor, sweatshop conditions and the denial of labor rights. Greater corporate accountability for … policies against unauthorized subcontracting, we must do more to ensure their policies are being upheld throughout …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-major-retailers-agree-report-efforts-protect-human-rights-workplace-safetyAccounts Payable Advisory No. 46
… invoice does not contain the required information outlined in Guide to Financial Operations (GFO) Chapter XII, Section …
https://www.osc.ny.gov/state-agencies/advisories/accounts-payable-advisory/46-proper-invoiceSchoharie Central School District - School Lunch Operations (2019M-19)
… (MPLH). District officials could have saved almost $2,000 in three months if they purchased milk from the New York … and MPLH analyses. Ensure the District obtains the best price when making purchases. District officials agreed …
https://www.osc.ny.gov/local-government/audits/school-district/2019/04/19/schoharie-central-school-district-school-lunch-operations-2019m-19