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What is a Defined Benefit Plan?
… may pay a set amount; or they may “match” all or part of what an employee contributes. Investments Contributions from …
https://www.osc.ny.gov/retirement/members/defined-benefit-planComptroller DiNapoli Releases School District Audits
… Thomas P. DiNapoli today announced the following school district audits have been issued. Altmar-Parish-Williamstown Central School District – Financial Condition Management (Oswego … to finance one-time expenditures. Averill Park Central School District – Payroll (Rensselaer County) District …
https://www.osc.ny.gov/press/releases/2019/04/comptroller-dinapoli-releases-school-district-auditsNY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… increase its climate index investments by 50% to over $10 billion over the next two years, with the longer-term goal …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investOverview – What Every Employer Should Know
… you a broader understanding of the Retirement System and what it means to participate as an employer. Our ongoing goal … What every employer should know about NYSLRS and what it means to participate as an employer …
https://www.osc.ny.gov/retirement/employers/partnership/overviewDiNapoli: Investors Expand Corporate Disclosure of Political Spending
… today announced the results of the New York State Common Retirement Fund’s successful efforts to expand disclosure of … Inc. Limited Brands About the New York State Common Retirement Fund The $176.2 billion New York State Common Retirement Fund is the third largest public pension fund in …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-investors-expand-corporate-disclosure-political-spendingPenfield Central School District – Procurement (2022M-76)
… competition for purchases totaling $7.9 million: Subject to competitive bidding requirements totaling $4.6 million. …
https://www.osc.ny.gov/local-government/audits/school-district/2022/10/21/penfield-central-school-district-procurement-2022m-76State Comptroller DiNapoli and Department of Financial Services Superintendent Harris Designate New Banking Development District Branch To Support Community Banking in Red Hook
… District (BDD) and deposited $10 million in public funds to the bank. The BDD program, administered by the Department … branch within the previously designated Red Hook BDD. To encourage participation in the BDD program, the State Comptroller’s office makes public deposits available to banks and credit unions to open or maintain a bank branch. …
https://www.osc.ny.gov/press/releases/2025/03/state-comptroller-dinapoli-and-department-financial-services-superintendent-harris-designate-newOverpayments of Certain Medicare Crossover Claims (Follow-Up)
… of Health (Department) implemented the Medicare/Medicaid claim crossover system. Under this system, providers submit … claims. Auditors additionally identified $16.4 million in potential overpayments on similar claims because providers …
https://www.osc.ny.gov/state-agencies/audits/2014/12/22/overpayments-certain-medicare-crossover-claims-followDiNapoli: Local Sales Tax Collections Up 3.9% in May Compared to Last Year
… Local sales tax collections in New York state increased by 3.9% in May compared to the same month in 2023, according to data released today by … Local sales tax collections in New York state increased by 39 in May compared to the same …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-local-sales-tax-collections-up-39-percent-in-may-compared-last-yearOversight of Passenger Safety
… revocation, and restoration of driver licenses; traffic convictions; and reportable accidents. Key Findings Because OPWDD drivers repeatedly failed to obey traffic rules, many vehicles assigned to transport OPWDD’s … vulnerable clients were issued violations for serious traffic infractions, such as running red lights and speeding …
https://www.osc.ny.gov/state-agencies/audits/2018/10/01/oversight-passenger-safetyDiNapoli: Tax Collections Exceed Projections Through First Half of Fiscal Year
… tax receipts, according to the state monthly cash report and a mid-year report on revenue and spending trends released today by New York State … to improve with higher-than-expected tax collections and lower-than-expected spending through the first six months …
https://www.osc.ny.gov/press/releases/2015/10/dinapoli-tax-collections-exceed-projections-through-first-half-fiscal-yearDiNapoli Finds Opportunities for Improved NYPD Hate Crimes Reporting
… the audits, said. “I commend State Comptroller DiNapoli for undertaking the first-ever audit of New York’s Hate Crimes Act, which is a crucial tool for understanding why these insidious crimes are on the rise. … diversity. A hate crime is an offense against all we stand for as a city – and the NYPD will do everything possible to …
https://www.osc.ny.gov/press/releases/2014/09/dinapoli-finds-opportunities-improved-nypd-hate-crimes-reportingChild Care Stabilization Grants
… controls to enable it to oversee and monitor child care stabilization grantees to ensure proper use of child care stabilization grant funds; and to determine whether the grants met their intended purpose to stabilize child care operations to maintain care. The audit covered the …
https://www.osc.ny.gov/state-agencies/audits/2024/11/07/child-care-stabilization-grants2 Degree Scenario Analysis - Shareholder Proposal
Shareholder request that DTE Energy, Dominion Energy and Southwestern Energy detail how they will be impacted by the effort to achieve Paris Agreement's goals.
https://www.osc.ny.gov/files/press/pdf/2-degree-scenario-analysis-shareholder-proposal.pdfDiNapoli: Florida Man Charged with Stealing Nearly $80,000 in Pension Benefits Issued to His Deceased Father
… Yorkers can report allegations of fraud involving taxpayer money by calling the toll-free Fraud Hotline at 1-888-672-4555, by filing a complaint online at [email protected] , or by mailing a …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-florida-man-charged-stealing-nearly-80000-pension-benefits-issued-his-deceased-fatherBelleville-Henderson Central School District – Mental Health Training Component of the New York SAVE Act (S9-21-23)
… District resources to provide the mental health component of the New York Safe Schools Against Violence in Education Act (SAVE Act) training requirement to … 15, as required. Such training should address recognition of the warning signs, whom to turn to for assistance, and how …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/08/belleville-henderson-central-school-district-mental-health-trainingCity of Amsterdam – Recreation Department (2023M-29)
… . Tickets cost $45 to drink beer and $5 for designated drivers . Officials could not support the number of tickets … the 10-hour Italiafest and wine tasting with no record of how many people attended the event . However, based on the …
https://www.osc.ny.gov/local-government/audits/city/2023/07/21/city-amsterdam-recreation-department-2023m-29Town of Webb - Ski Collections (2018M-188)
… passes and lift tickets. Key Findings The Board and ski area officials have not developed policies or procedures for … that did not require payment were not reconciled by ski area officials due to the lack of supporting documentation. …
https://www.osc.ny.gov/local-government/audits/town/2018/11/30/town-webb-ski-collections-2018m-188New York’s Economy and Finances in the COVID-19 Era (June 24, 2021)
… pandemic, while others are paid at specialized rates. It is unclear whether telehealth services are more … that: “Evidence of cost savings associated with telehealth is mixed and depends on whether telehealth is used to increase access to new patient populations, or as …
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-june-24-2021LaFayette Central School District – Reserves (2013M-387)
… condition related to the establishment, funding and use of reserves for the period July 1, 2011 through June 30, 2013. … District did not have a plan for funding several of its reserves. In addition, the Board did not adopt written … and using reserve funds. The Board’s extensive use of reserves along with appropriating fund balance in the annual …
https://www.osc.ny.gov/local-government/audits/school-district/2014/03/07/lafayette-central-school-district-reserves-2013m-387