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DiNapoli: Daughter Allegedly Stole Over $240K in Deceased Father's NYS Pension Payments
… more than $240,000 in New York state pension payments made to her deceased father over a 4 ½-year period. “The defendant took advantage of her father’s death to profit handsomely at the expense of New York’s retirement … Police for partnering with my Division of Investigations to bring her to justice. We will seek full restitution and …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-daughter-allegedly-stole-over-240k-deceased-fathers-nys-pension-paymentsDiNapoli: Young People in NYC Still Face Double-Digit Unemployment
… after the height of the COVID-19 pandemic, young people in New York City continue to face double-digit unemployment, … with young men experiencing the greatest challenges in finding work, according to a report released today by … among 16- to 24-year-olds stands at nearly 18% in the city, as compared to about 9% in the rest of New York …
https://www.osc.ny.gov/press/releases/2022/12/dinapoli-young-people-nyc-still-face-double-digit-unemploymentDiNapoli: New York City's Budget Outlook Improves
… social services remain uncertain in the future, according to State Comptroller Thomas P. DiNapoli’s analysis of the … budget gaps are still large and tough choices remain ahead to fund essential education programs and social services,” … influx of asylum seekers and needs the federal government to take steps to provide funding and address comprehensive …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-new-york-citys-budget-outlook-improvesDiNapoli: MTA Avoided A Fiscal Crisis, Now It Has To Convince Riders To Come Back
… In a turnaround from the fiscal crisis it faced a year ago, the Metropolitan Transportation Authority (MTA) … the MTA faced a $600 million budget shortfall for the year with gaps of more than $1 billion in 2024 that could … the MTA has balanced budgets throughout its five-year financial plan through 2027. MTA projects its overall …
https://www.osc.ny.gov/press/releases/2023/10/dinapoli-mta-avoided-fiscal-crisis-now-it-has-convince-riders-come-backDiNapoli Analysis Finds Sharp Decline in Homeless Veterans in New York
… in reducing homelessness for veterans between 2010 and 2022 with the number of homeless veterans declining 83% … in 2022. “Veterans answered the call to serve our nation and defend our country’s ideals, and we owe them our gratitude and support,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-analysis-finds-sharp-decline-homeless-veterans-new-yorkDiNapoli Urges Companies to Join Workplace Pledge to Fight Antisemitism
… York State Common Retirement Fund (Fund), sent letters to 50 major portfolio companies, including Tesla Inc., Meta … on unity and solidarity. In addition to his letters to the 50 companies, DiNapoli called on the rest of the Fund’s … terrorist attacks against Israel on Oct. 7. Of the Fund’s top 50 holdings, only Alphabet Inc., Accenture Plc and S&P …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-urges-companies-join-workplace-pledge-fight-antisemitismDiNapoli: New State Funds Open Door for MTA to Ease Debt, Build Stronger Future Budgets
New sources of recurring revenue in the states final budget and other aid including expected revenue from congestion pricing give the Metropolitan Transportation Authority an opportunity to ease the pressure that growing debt places on its operations and stabilize its future finances
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-new-state-funds-open-door-mta-ease-debt-build-stronger-future-budgetsComptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights
… the right to join a union and collectively bargain for better pay and workplace conditions,” DiNapoli said. … with management has resulted in walkouts and demands for change in company culture. Many of the working conditions …
https://www.osc.ny.gov/press/releases/2023/05/comptrollers-dinapoli-lander-urge-fellow-netflix-investors-support-workers-rightsAccessibility for People With Disabilities
… and federal requirements. The audit covered the period January 2018 to October 2022. About the Program According to … and federal requirements The audit covered the period January 2018 t …
https://www.osc.ny.gov/state-agencies/audits/2023/08/10/accessibility-people-disabilitiesDiNapoli: Audit Reveals Hiring and Budgeting Problems in Brentwood School District
… budgeting led the Brentwood Union Free School District to accumulate excessive fund balance as well as reserve funds … board-approved amounts and have gone unused, according to an audit released today by New York State Comptroller … in the insurance reserve. The board also overfunded the retirement contribution reserve by $4.3 million. Auditors …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-reveals-hiring-and-budgeting-problems-brentwood-school-districtDiNapoli: Federal Aid, Increasing Tax Revenues and Savings Boost New York City's Surplus
… New York City is expecting to generate a surplus of $3.7 billion … due to federal aid, better-than-projected tax revenues, and planned savings, according to a report released today by … can be done to prepare for unforeseen risks and to manage challenges as increased spending is spurred by inflation and …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-federal-aid-increasing-tax-revenues-and-savings-boost-new-york-citys-surplusDiNapoli: Tennessee Woman Pleads Guilty to Wire Fraud for Receiving Deceased Mother's New York State and Local Retirement System Benefits
… 3, 2018, and all payments should have stopped after her death. SSAIG also informed NYSLRS that no death certificate … had been issued for Conklin’s death, just a police report. After Conklin’s death, she continued to receive both … the public to help fight fraud and abuse. New Yorkers can report allegations of fraud involving taxpayer money by …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-tennessee-woman-pleads-guilty-wire-fraud-receiving-deceased-mothers-new-york-state-and-localState Fiscal Year 2022-23 Enacted Budget Analysis
… and training, as well as responding to the direct and indirect economic, financial, or social effects of COVID-19; … or extraordinary factors needed before issuing lower-cost State Tax and Revenue Anticipation Notes (TRANs). …
https://www.osc.ny.gov/reports/state-fiscal-year-2022-23-enacted-budget-analysisOrdinary Death Benefit
… be reduced while a member of the New York State and Local Retirement System (NYSLRS) and the New York State Teachers' Retirement System (TRS) is in service to the full retirement …
https://www.osc.ny.gov/legislation/ordinary-death-benefitDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… investments that face significant climate risk. Last year, DiNapoli’s review of coal companies led to the Fund’s …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesDiNapoli: Eight Villages, Three Cities Designated in Fiscal Stress
… System has identified eight villages and three cities in New York that were in some level of fiscal stress in 2020, based on scores that largely reflect the time period …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-eight-villages-three-cities-designated-fiscal-stressDiNapoli: Fewer Counties Exceeding Tax Cap
… The number of counties overriding New York’s property tax cap has declined by more than half over …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-fewer-counties-exceeding-tax-capDiNapoli Releases State Cash Report
… more than $1.5 billion in settlement dollars that are not yet appropriated. These funds should be used to fix … spending, contracts and other fiscal issues. These are easily accessible on his transparency website called Open …
https://www.osc.ny.gov/press/releases/2015/06/dinapoli-releases-state-cash-reportNewburgh Fire Chief Charged in White Plains Federal Court with Fraudulently Obtaining Retirement Benefits
… permits public sector retirees to earn up to $30,000 per year from public sector employment before their pension benefits are cut off for that year. According to the allegations contained in the …
https://www.osc.ny.gov/press/releases/2016/01/newburgh-fire-chief-charged-white-plains-federal-court-fraudulently-obtaining-retirement-benefitsDiNapoli: Pandemic Disrupts Special Education; Many Students Missing Mandated Services
… impacted,” DiNapoli said. “An essential part of this year’s school reopening plans should be determining how to … student’s unique learning needs. During the 2019-20 school year, more than 464,400 students in New York public schools, … on hybrid learning models during the 2020-21 school year. A smaller share of students with disabilities returned …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-pandemic-disrupts-special-education-many-students-missing-mandated-services