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DiNapoli: State Pension Fund Value $206.9 Billion
State Comptroller Thomas P DiNapoli today announced that the New York State Common Retirement Fund earned an estimated 1135 percent return on investments
https://www.osc.ny.gov/press/releases/2018/05/dinapoli-state-pension-fund-value-2069-billionDelaware-Chenango-Madison-Otsego (DCMO) Board of Cooperative Educational Services – Procurement (2021M-193)
… to support efforts were made to obtain the best price. None of the 10 professional service providers we …
https://www.osc.ny.gov/local-government/audits/boces/2022/02/11/delaware-chenango-madison-otsego-dcmo-board-cooperative-educational-servicesProcurement Practices
… About the Program The University at Buffalo (Buffalo) is one of the largest institutions within the State … in law and elsewhere, are in place to ensure that spending is appropriate and in the best interest of the State. Key … a process for low-bid selection that includes evaluating parts and materials price lists for custodial equipment …
https://www.osc.ny.gov/state-agencies/audits/2019/10/03/procurement-practicesNY State Comptroller Announces Appointment of Emerging Managers Director
… of the Fund's investment process and manager selection. This year’s conference will be held on Friday, Feb. 16, 2024, …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorNY State Comptroller DiNapoli Statement on Pew Charitable Trusts Ranking State Pension Fund One of Top in Nation
… According to Pew, only New York (91%), South Dakota (97%), Tennessee (94%) and Wisconsin (99%) were at least 90 percent …
https://www.osc.ny.gov/press/releases/2018/04/ny-state-comptroller-dinapoli-statement-pew-charitable-trusts-ranking-state-pension-fund-one-topArchived: Legislative Session 2021–2022
… electronic communications, and recognizes the death of an owner as a trigger for dormancy. Data Breach – Signed into …
https://www.osc.ny.gov/legislation/archived-legislative-session-2021-2022Office of the State Comptroller Response to Report Issued Today by the Department of Financial Services
… would issue such an uninformed and unprofessional report. This report was emailed to our office five minutes before it …
https://www.osc.ny.gov/press/releases/2016/10/office-state-comptroller-response-report-issued-today-department-financial-servicesDiNapoli: Former West Hurley Fire District Chief and Chairman Charged in Corruption Probe
… is largely through their efforts that we are able to bring this matter into the light and proceed with a prosecution," … in the West Hurley Fire District who spoke up and brought this matter to my attention. I would like to also thank the … office for their time and due diligence dealing with this matter. Lastly, I want to be clear that the West Hurley …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-former-west-hurley-fire-district-chief-and-chairman-charged-corruption-probeCost-Saving Ideas: Reviewing Your Revenue Collection Process
… which are collected with taxes.) Ensure that the service provider complies with statutory requirements and that proper … transaction date, the amount paid, a unique confirmation number and a notice to the taxpayer to print out and retain … payments. Resources New York State Office of General Services: Electronic Value Transfer Contract New York State …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-reviewing-your-revenue-collection-processDiNapoli: Vendor Boosted Fuel Costs During Superstorm Sandy Recovery
… Staten Island caterer which provides food to the New York Army National Guard, inexplicably acted as an unnecessary … violated DMNA’s obligation to seek a reasonable cost and act in the best interest of the state. In response to the … The full report can be found at: http://osc.state.ny.us/audits/allaudits/bseaudits/bse20150729.pdf …
https://www.osc.ny.gov/press/releases/2015/07/dinapoli-vendor-boosted-fuel-costs-during-superstorm-sandy-recoveryOxford Academy and Central School District – Transportation Department Purchase and Service Contracts (2023M-2)
… procured and monitored transportation contracts in the best interest of taxpayers. Key Findings District officials did not always … transportation contracts were procured and monitored in the best interest of taxpayers. District officials did not: …
https://www.osc.ny.gov/local-government/audits/school-district/2023/06/09/oxford-academy-and-central-school-district-transportation-departmentTown of Watertown Fire District – Procurement (2022M-155)
… (61 percent) were not competitively procured as required by the District’s procurement policy. As a result, the Board … acquired at the best price and that purchases are being made in the most prudent and economical manner in the best … services and insurance coverage. Obtain quotes as required by the procurement policy and ensure that all proper …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/11/04/town-watertown-fire-district-procurement-2022m-155Direct Deposit Program
Sign up for the NYSLRS direct deposit program to receive your retirement benefits right in your bank account no more waiting for a check in the mail
https://www.osc.ny.gov/retirement/retirees/direct-deposit-programBethpage Public Library – Procurement (2019M-219)
… complete report - pdf ] Audit Objective Determine whether the Bethpage Public Library (Library) Board of Trustees (Board) ensured goods and services were procured competitively and in accordance with the Library’s policies. Key Findings The Board did not ensure …
https://www.osc.ny.gov/local-government/audits/library/2021/06/04/bethpage-public-library-procurement-2019m-219DiNapoli: State Pension Fund Value $192 Billion
… that ended on March 31, 2017. The Fund has an estimated value of $192 billion. “Strong returns over the fiscal year, … said. “New York state’s pension fund is at a record value based on prudent long term asset allocation. We …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-state-pension-fund-value-192-billionDiNapoli Appoints Anastasia Titarchuk Chief Investment Officer of the New York State Common Retirement Fund
… grateful for the trust Comptroller DiNapoli has placed in me over the years,” Titarchuk said. “Working with the Fund’s …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-appoints-anastasia-titarchuk-chief-investment-officer-new-york-state-common-retirement-fundSelected Aspects of Accommodations for Passengers With Disabilities (Follow-Up)
To determine the extent of implementation of the seven recommendations included in our initial audit report Selected Aspects of Accommodations for Passengers With Disabilities 2019S41
https://www.osc.ny.gov/state-agencies/audits/2023/05/12/selected-aspects-accommodations-passengers-disabilities-followXI.12.D Closing Contracts – XI. Procurement and Contract Management
… funds and processing retainage, if applicable (see Section 11.E - Retainage of this Chapter, for additional … the pre-encumbrances will be freed up upon contract closure. Once OSC has closed a contract, the contract header …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xi/xi12d-closing-contractsOpinion 2010-2
… to a competitive bidding process ( see e.g. 1992 Ops St Comp No. 92-23, at 57). In describing a local government's … v Gallagher , 96 AD2d 933, 466 NYS2d 381; 1999 Ops St Comp No. 99-14, at 31; 1993 Ops St Comp No. 93-21, at 36; 1990 Ops St Comp No. 90-37, at 84; …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2Wall Street Bonuses Went Up In 2013
… by compensation deferred from prior years. “Wall Street navigated through some rough patches last year and had … costly legal settlements and higher interest rates. Wall Street continues to demonstrate resilience as it evolves in a … New York state, which depends more heavily on Wall Street revenues than the city does, collected $10.3 billion …
https://www.osc.ny.gov/press/releases/2014/03/wall-street-bonuses-went-2013