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DiNapoli: Investment in Upstate Company Returns $33.8 Million to State Pension Fund
… fund dollars into New York companies and it is paying off for the companies and for the state pension fund, which made six times our original … the In-State Program helps provide retirement security for state employees and retirees around the state. The added …
https://www.osc.ny.gov/press/releases/2014/08/dinapoli-investment-upstate-company-returns-338-million-state-pension-fundDiNapoli Announces $15 Million Investment in Northern Ireland
… is part of an estimated $30 million anticipated investment in Northern Ireland. “We’ve found a dynamic opportunity to … will benefit our pension fund and Northern Ireland in the years to come.” “I am heartened by the news from New … — of a substantial investment by Comptroller Tom DiNapoli in the emerging technology companies of Belfast via the …
https://www.osc.ny.gov/press/releases/2014/03/dinapoli-announces-15-million-investment-northern-irelandNYS 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-investmentsProcurement and Contracting Practices (Follow-Up)
… of implementation of the eight recommendations included in our initial audit report, Procurement and Contracting Practices (Report 2010-S-71). Background In our initial audit report, which was issued on February 28, … as the New York State Office for Technology, resulted in the best value for taxpayers, consistent with applicable …
https://www.osc.ny.gov/state-agencies/audits/2014/04/16/procurement-and-contracting-practices-followSelected Employee Travel Expenses
To determine whether the use of travel monies by selected government employees complied with rules and regulations and is free from fraud waste and abuse
https://www.osc.ny.gov/state-agencies/audits/2013/06/04/selected-employee-travel-expensesNew York State Comptroller DiNapoli & Fire and Police Pension Association of Colorado Announce Appointment as Lead Plaintiffs in Boeing Shareholder Lawsuit
… Pension Association of Colorado (FPPA) announced that they have been appointed co-lead plaintiffs in a derivative … Pension Association of Colorado FPPA announced that they have been appointed colead plaintiffs in a derivative lawsuit …
https://www.osc.ny.gov/press/releases/2020/08/new-york-state-comptroller-dinapoli-fire-and-police-pension-association-colorado-announce-appointmentNYS Pension Fund Launches Review of Integrated Oil & Gas Companies
… Action Plan to mitigate investment risks posed by climate change and ultimately transition the Fund’s investment … Fund’s investments, address material risks from climate change and pursue sustainable investment opportunities for …
https://www.osc.ny.gov/press/releases/2022/08/nys-pension-fund-launches-review-integrated-oil-gas-companiesNYS Comptroller DiNapoli Files Suit Against Wynn Resorts' Board of Directors
… of a corporation when the company's officers or directors have not met their obligations as fiduciaries of the company. … Among its requests for relief, DiNapoli's lawsuit seeks to have Wynn Resorts' take "necessary actions to enhance the …
https://www.osc.ny.gov/press/releases/2018/02/nys-comptroller-dinapoli-files-suit-against-wynn-resorts-board-directorsNYS 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-resultsDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… conflict of interest review of the New York State Common Retirement Fund (Fund) that commended the Fund for its strong … future consequences. “Since taking office, I have sought to establish our state’s pension fund as a leader in …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… million return, nearly four times the initial investment, and achieved an approximated 21 percent internal rate of … New York State’s Common Retirement Fund. 5LINX has gone on to experience significant growth and business success … News. For more information on the program, visit: http://www.osc.state.ny.us/pension/instate About the Common …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundDiNapoli: Molson Coors Agrees to Disclose Political Spending
… The New York State Common Retirement Fund (Fund) has reached an … It has consistently been ranked as one of the best managed and best funded plans in the nation. Find out how your government …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-molson-coors-agrees-disclose-political-spendingNYSLRS Announces Employer Contribution Rates for Retirement System for 2021-22
… State Fiscal Year 2021-22 will increase from 14.6 percent to 16.2 percent of payroll for the Employees’ Retirement System (ERS) and from 24.4 percent to 28.3 percent of payroll for the Police and Fire Retirement … benefits to their survivors. “Employer contribution rates have gone down or remained relatively flat for several years, …
https://www.osc.ny.gov/press/releases/2020/09/nyslrs-announces-employer-contribution-rates-retirement-system-2021-22New York's 529 College Savings Program Delivers $287 Million to College Students Since January
… New York’s 529 College Saving Program has helped New York … million in college-related expenses this year, New York State Comptroller Thomas P. DiNapoli said today in …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryDiNapoli 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-antisemitismVillage of Schuylerville – Procurement (2014M-228)
… Purpose of Audit The purpose of our audit was to evaluate the Village’s procurement practices for the … which non-price factors can be considered, did not adhere to best value requirements. Key Recommendations Ensure that … in accordance with statute. Provide guidance relating to the best value method as an alternative for awarding …
https://www.osc.ny.gov/local-government/audits/village/2014/10/31/village-schuylerville-procurement-2014m-228DiNapoli: FirstEnergy Corp. Agrees to Disclose Its Political Spending
… in corporate funds since the 2010 election cycle, but that does not provide a complete picture of the company’s …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-firstenergy-corp-agrees-disclose-its-political-spendingDiNapoli Releases Climate Action Plan
… Thomas P. DiNapoli today released a Climate Action Plan to protect and invest the assets of the $210 billion New York … Fund (Fund). The plan lays out a path for the Fund to further address climate risk in its portfolio. Subject to fiduciary analysis, the Fund may divest from companies …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-releases-climate-action-planDiNapoli: State Pension Fund Calls on Companies to Address Climate Risk, Transition to Cleaner Operations
… the companies indicated they would regularly report on their progress in meeting those goals. Since taking office … the Fund’s voice and shareholder voting power by calling on companies to focus on the climate change risks they face, to report on and …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-state-pension-fund-calls-companies-address-climate-risk-transition-cleaner-operationsOpinion 2010-2
… separately elected board of commissioners is not required to sell vehicles that are no longer needed for district purposes pursuant to a competitive bidding process. The method of sale chosen, … district with a separately elected board of commissioners, to which Town Law, article 13 (§ 210 et seq .) applies, 1 is …
https://www.osc.ny.gov/legal-opinions/opinion-2010-2