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NYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… of the United States The White House 1600 Pennsylvania Avenue, NW Washington, DC 20500 Dear President Biden: I am …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionNYS Common Retirement Fund Reports Second Quarter Results
… Fund’s (Fund) estimated return in the second quarter of the State Fiscal Year 2018-2019 was 3.47 percent for the … period ending September 30, 2018, with an estimated value of $213.2 billion, according to New York State Comptroller … long-term." The Fund's estimated value reflects benefits of $5.6 billion paid out during the first half of the State …
https://www.osc.ny.gov/press/releases/2018/11/nys-common-retirement-fund-reports-second-quarter-resultsState Pension Fund Adds $30 Million for Investments in New York Companies
… instruments and has consistently been ranked as one of the best managed and best funded plans in the nation. Over the past 20 years, 80 …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesState Comptroller DiNapoli Releases Municipal Audits
… with second degree obstructing governmental administration for destroying town records. In December 2020, the … discharge and given a $500 fine. Plattekill Public Library – Procurement and Investment of Funds (Ulster County) … which is $40,928 above the limit established by law. Town of Tully – Justice Court Operations (Onondaga …
https://www.osc.ny.gov/press/releases/2021/04/state-comptroller-dinapoli-releases-municipal-audits-1DiNapoli: 33.55 Percent Annual Investment Return for New York State Pension Fund Is Largest in Its History
… Thomas P. DiNapoli today announced that the New York State Common Retirement Fund’s (Fund) estimated overall investment … and rate of return in prior years About the New York State Common Retirement Fund The New York State Common Retirement Fund is the third largest public pension …
https://www.osc.ny.gov/press/releases/2021/05/dinapoli-33-point-55-percent-annual-investment-return-new-york-state-pension-fund-largest-its-historyInvestors Renew Call on Exxon to Address Climate Risk
… ExxonMobil to report how its business will be impacted by global efforts to mitigate climate change. The CRF and the … Major asset managers such as BlackRock and State Street Global Advisors have called for improved climate risk disclosures. Moody's Global Rating now includes scenarios for lower global carbon …
https://www.osc.ny.gov/press/releases/2017/02/investors-renew-call-exxon-address-climate-riskDiNapoli: NYS Pension Fund Commits an Additional $2.4 Billion Through Sustainable Investment Program
… water systems though investments in aging infrastructure, energy efficiency, and renewable energy, primarily in North America. $150 million to the … identifying, developing, and transforming assets across energy, transportation, and agriculture, primarily in North …
https://www.osc.ny.gov/press/releases/2025/04/dinapoli-nys-pension-fund-commits-additional-24-billion-through-sustainable-investment-programNY State Comptroller DiNapoli Announces Appointment of Interim Emerging Managers Director
… of the New York State Common Retirement Fund’s (Fund) Emerging Manager Program. “Since taking office, I have made the Emerging Manager Program one of the Fund’s top priorities,” … have graduated from the program. The Fund holds an annual Emerging Manager & MWBE (minority and women owned business …
https://www.osc.ny.gov/press/releases/2023/02/ny-state-comptroller-dinapoli-announces-appointment-interim-emerging-managers-directorGlens Falls Common School District - Cash Management (2019M-177)
… earnings. Key Findings District officials did not develop and manage a comprehensive investment program to ensure … earnings could have been increased by $45,330 during the audit period. Key Recommendations Ensure available funds … officials generally agreed with our recommendations and indicated they planned to initiate corrective action. …
https://www.osc.ny.gov/local-government/audits/school-district/2019/11/15/glens-falls-common-school-district-cash-management-2019m-177Moriah Central School District - Cash Management (2019M-65)
… the audit period. Key Recommendations Prepare monthly cash flow forecasts that estimate available funds for investment. …
https://www.osc.ny.gov/local-government/audits/school-district/2019/06/14/moriah-central-school-district-cash-management-2019m-65Management of Cash and Investments
… portfolio. However, improvements are needed to provide the best assurances that cash and investments are optimally …
https://www.osc.ny.gov/state-agencies/audits/2013/02/13/management-cash-and-investmentsXIV.3.A Overview – XIV. Special Procedures
… agencies every fiscal year to determine the impact of legislative changes on interest received in current and new …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiv/xiv3a-overviewDiNapoli Announces $2B Strategic Partnership With Goldman Sachs Asset Management For Global Equity Investments
… Asset Management (GSAM) to invest in a diverse group of global equity strategies viewed as having strong potential to … State Common Retirement Fund full access to world class global equity investment opportunities and the nimbleness to … focus on dynamic manager selection opportunities in global equities to enhance returns in the Fund’s equity …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-announces-2b-strategic-partnership-goldman-sachs-asset-management-global-equity-investmentsVillage of Greenwich - Cash Management (2019M-230)
… for investment. Ensure available funds are invested within legal limits, to maximize interest earnings. Village …
https://www.osc.ny.gov/local-government/audits/village/2020/04/17/village-greenwich-cash-management-2019m-230Town of Moriah - Cash Management (2019M-169)
… Audit Objective Determine whether Town officials maximized interest earnings. Key Findings The Board did not develop and manage a comprehensive investment program to ensure interest earnings were maximized. Had the Supervisor invested … funds in a financial institution with higher available interest rates, revenue would have increased by $80,688 …
https://www.osc.ny.gov/local-government/audits/town/2019/11/27/town-moriah-cash-management-2019m-169DiNapoli: NY Pension Fund Reaches Climate Agreements With Five Portfolio Companies
The New York State Common Retirement Fund Fund reached climaterelated agreements with five portfolio companies during the 2024 proxy season and added $2 billion to the MSCI World exUSA Climate Change Index strategy State Comptroller Thomas P DiNapoli announced today
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-ny-pension-fund-reaches-climate-agreements-five-portfolio-companiesNYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… Local Retirement System (NYSLRS) today announced employer contribution rates for the State Fiscal Year 2021-22 will … employees and death benefits to their survivors. “Employer contribution rates have gone down or remained relatively flat … Local Retirement System NYSLRS today announced employer contribution rates for the State Fiscal Year 202122 will …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22State Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… said. “Our pension fund has long-supported climate aware strategies, and this expansion of our commitment offers a … “As a long-term investor we are very interested in strategies that manage risk, and there is no question that … and work to avoid environmental damage or harm to the communities in which they operate, are more likely to produce …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-futureOpinion 95-28
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … issued by a financial institution and secured by a letter of credit issued by a Federal Home Loan Bank) LOCAL LAWS -- … Whether a town may under the provisions of section 11 of the General Municipal Law invest a portion …
https://www.osc.ny.gov/legal-opinions/opinion-95-28State Comptroller DiNapoli Releases Municipal & School Audits
… or consider other legally permissible investment options. In addition, officials did not create a comprehensive … solicited interest rate quotes and deposited funds into a bank account or an investment option already used by the … perform bank reconciliations in an accurate manner. As of Dec. 31, 2023, three bank account cash balances totaling …
https://www.osc.ny.gov/press/releases/2025/08/state-comptroller-dinapoli-releases-municipal-school-audits-1