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Fund's Mission, Values and Investment Philosophy
… Our Mission To provide our beneficiaries with a secure pension through prudent asset management. Our Vision To be a …
https://www.osc.ny.gov/common-retirement-fund/funds-mission-values-and-investment-philosophyState Comptroller DiNapoli Releases Municipal & School Audits
… supervisor did not maintain a general ledger, subsidiary revenue and expenditure ledgers or cash receipts and … accounts. Lastly, the board did not conduct a thorough annual audit of the supervisor’s 2023 accounting records, as … The overtime appropriations in the proposed 2025 budget were reasonable. City officials followed previous …
https://www.osc.ny.gov/press/releases/2024/11/state-comptroller-dinapoli-releases-municipal-school-auditsDiNapoli Releases Climate Action Plan
… Advisory Panel.” DiNapoli will double, from $10 billion to $20 billion over the next decade, the Fund’s … the Asset Owners Disclosure Project ranked the Fund as the top U.S. pension fund, and third globally, for its efforts to …
https://www.osc.ny.gov/press/releases/2019/06/dinapoli-releases-climate-action-planTransparency and Accountability of Fiscal Activities in Villages (2024-MS-2)
… for financial mismanagement and ensuring that public funds are used effectively. 1 Data as of September 13, 2024. …
https://www.osc.ny.gov/local-government/audits/statewide-audit/2024/12/20/transparency-and-accountability-fiscal-activities-villages-2024-ms-2Comptroller DiNapoli Releases Annual Review of MTA Finances
… year, there are still questions regarding the MTA’s plan to balance its 2020 budget and narrow the out-year budget … annual report on the MTA’s financial plan. “This is a critical moment for the MTA and for riders,” DiNapoli said. … . Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2019/09/comptroller-dinapoli-releases-annual-review-mta-financesOpinion 2002-17
… prime contract to construction manager) GENERAL MUNICIPAL LAW §§101, 103: A firm may not be engaged both as construction manager to act …
https://www.osc.ny.gov/legal-opinions/opinion-2002-17State Agencies Bulletin No. 1129
… Note: PayServ uses the term Account Code to mean the value on the Account Code page that represents the combination of … one agencies) need to maintain up-to-date information on any CAS Cost Centers in both SFS and PayServ. The link … established (including zero segregations) will be included on that file. This file will contain data as of February 17, …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1129-updates-cost-centers-statewide-financial-system-sfs-and-payserv-accountOpinion 2002-4
… School Dist. v Board of Educ. , 34 AD 2d 351, 353, 312 NYS 2d 252, 254). This Office has consistently expressed the …
https://www.osc.ny.gov/legal-opinions/opinion-2002-4Opinion 88-27
… FIREFIGHTERS -- Disability Benefits (termination of paid fire department) GENERAL MUNICIPAL LAW, §207-a: A village … the source of the payments from the municipality to the New York State and Local Police and Fire Retirement System in …
https://www.osc.ny.gov/legal-opinions/opinion-88-27Opinion 88-79
… ART. VIII, §1; GENERAL MUNICIPAL LAW, §99-h(2): A village may use "program income" derived from a federal Urban Development Action Grant to provide grants or … the developer is deemed "miscellaneous revenue" which must be used for community or economic development activities …
https://www.osc.ny.gov/legal-opinions/opinion-88-79DiNapoli: New York's Labor Force Decreased Sharply During the Pandemic and Remains Below Pre-Pandemic Peak
… while the rest of the nation increased by 5.1%, according to a report released today by State Comptroller Thomas P. … peak. DiNapoli’s report found the long-term decline was due, in part, to population changes and a relatively lower … of those with advanced degrees nationwide worked from home due to COVID-19. However, New York’s labor force declined …
https://www.osc.ny.gov/press/releases/2022/11/dinapoli-new-yorks-labor-force-decreased-sharply-during-pandemic-and-remains-below-pre-pandemic-peakUnified Court System Bulletin No. UCS-350
… BU Court Officers Benevolent Association of Nassau County DR Suffolk County Court Employees Association F8 Ninth … the State of New York and the affected bargaining units (DR, F8, G9, SA, SD, SG, SK, SN, SR, SY, S9 and 87) provides … agency must submit the Location Pay Increases for the 5 NYC County Clerks located in 05680. OSC Actions: OSC will …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-350-april-2025-state-new-york-unified-court-system-ucs-increasesHow to Report Days Worked – Legacy Reporting
… The number of days worked you report for your employees has a direct impact on their … report information about employees through Retirement Online including their earnings the number of days they …
https://www.osc.ny.gov/retirement/employers/legacy-reporting/how-report-days-workedTravel Advisory No. 13
… and the U.S. General Services Administration issued new standard mileage rates for 2025. The standard rate for …
https://www.osc.ny.gov/state-agencies/advisories/travel-advisory/13-updated-mileage-ratesLaw Pertaining to SUNY Police Officers
… increase in annual wages used to calculate my FAS would be 10%. Is it different in PFRS? If I transfer from ERS to … increase in annual wages used to calculate my FAS would be 10%. Is it different in PFRS? The cap on the increase in … 2 Updated 4/16 1 Updated 2/16 (Rev. 12/15) (Return to Top) … Law Pertaining to State University of New York SUNY …
https://www.osc.ny.gov/retirement/members/law-pertaining-suny-police-officersComptroller DiNapoli Releases School Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … the time of the audit, the district had an ongoing capital project which involved constructing, renovating and improving … year’s appropriations, resulting in higher than necessary real property tax levies. With the significant increase in …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-releases-school-audits-0State Agencies Bulletin No. 1845
… W-2. The Local Tax Data page determines whether local withholding taxes will be taken from the employee’s … paychecks. The form IT-2104 is the New York Employee’s Withholding Allowance Certificate for New York State and … but the Local Tax Data page has an additional amount of withholding; Employee’s home address is in New York City but …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1845-correction-employee-addresses-and-local-tax-dataDiNapoli Releases Executive Budget Report
… years ago, significant headwinds will present challenges to ongoing economic growth and fiscal stability. The state … The gaps result from reduced estimates of tax collections due to a forecasted economic downturn and increases in … of purposes, including replacement of lost tax revenue due to the pandemic. The Financial Plan continues to assume …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-releases-executive-budget-reportDiNapoli: 90 School Districts in Fiscal Stress
… Using financial indicators that include year-end fund balance, short-term borrowing and patterns of operating … common characteristics. Most are operating with low fund balance, a pattern of operating deficits and limited cash on …
https://www.osc.ny.gov/press/releases/2015/01/dinapoli-90-school-districts-fiscal-stressSelected Safety and Security Equipment at Train Stations
… Purpose To determine whether the Staten Island Railway has taken appropriate action to ensure that equipment, such as cameras and "Customer …
https://www.osc.ny.gov/state-agencies/audits/2018/04/12/selected-safety-and-security-equipment-train-stations