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DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter
… New York State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was … prudent management and long-term perspective.” The Fund's value reflects retirement and death benefits of $3.794 …
https://www.osc.ny.gov/press/releases/2023/02/dinapoli-state-pension-fund-valued-2423-billion-end-third-quarterThe Ex-spouse’s Payments – Divorce and Your Benefits
… NYSLRS receives all required documents before the member’s retirement, payments to the ex-spouse will begin as of the member’s retirement date, unless otherwise specified in the DRO. It’s … to submit the required documents well before the member’s retirement date to avoid delays in payments to the ex-spouse. …
https://www.osc.ny.gov/retirement/members/divorce/ex-spouses-paymentsWatervliet City School District – Payroll and Claims Processing (2013M-4)
… processing operations for the period July 1, 2011, to June 30, 2012. Background The Watervliet City School District …
https://www.osc.ny.gov/local-government/audits/school-district/2013/06/28/watervliet-city-school-district-payroll-and-claims-processing-2013m-4DiNapoli: Former Potsdam Court Clerk Sentenced to Jail; $117,000 Restitution
… Comptroller Thomas P. DiNapoli. Guyette, 44, was sentenced to six months in jail, five years probation and ordered to pay $117,120 in restitution following her January guilty … Court’s computerized database, but failed to send the money to the town, include the payments in monthly municipal …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-former-potsdam-court-clerk-sentenced-jail-117000-restitutionDiNapoli: State Pension Fund Valued at $259.9 Billion at End of Third Quarter
… the end of the third quarter of state fiscal year 2023-24. For the three-month period ending Dec. 31, 2023, Fund … retirement and death benefits of $4.2 billion paid out during the quarter. Its audited value was $248.5 billion … private equity (14.75%), real estate and real assets (13.30%) and credit, absolute return strategies, and …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-state-pension-fund-valued-259.9-billion-end-third-quarterFund Financial Data – 2023 Financial Condition Report
… available to pay current obligations (or will be soon). Funds represent sources of funding and spending for … purposes. The General Fund is used to report sources of funds and expenditures that are not required to be accounted … due to the implementation of GASB Statement No. 84, Fiduciary Activities, and an immaterial correction related …
https://www.osc.ny.gov/reports/finance/2023-fcr/fund-financial-dataAlbany County Probation Department – Internal Controls Over Financial Operations (2013M-340)
… adequate internal controls over its financial operations for the period January 1, 2012 through June 30, 2013. … Although the Department has established policies for disbursing restitution money retained in a victims’ trust … properly segregate duties, assign authority, and provide for periodic independent reconciliations and management …
https://www.osc.ny.gov/local-government/audits/county/2014/02/07/albany-county-probation-department-internal-controls-over-financial-operationsState Comptroller DiNapoli Releases Municipal Audits
… municipal finances and operations, my office continues to provide taxpayers the assurance that their money is being … contracts, anti-virus protection, patch management, online banking, wireless networks and physical controls. … Operations (Suffolk County) Town officials need to improve the fuel inventory recordkeeping to help ensure …
https://www.osc.ny.gov/press/releases/2017/06/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Prior Justice Clerk Sentenced in $63,000 Theft of Court Fines
… in an audit and investigation by DiNapoli’s office. “Ms. Thompson pocketed 10 percent of the court’s fees for … as the Town of Ellery is going to be made whole and Ms. Thompson will be a convicted felon, hopefully never being … justice court records. Further review revealed that Ms. Thompson routinely shifted monies collected, altered …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-prior-justice-clerk-sentenced-63000-theft-court-finesDiNapoli: State Pension Fund Valued at $254.1 Billion at End of First Quarter
… that the estimated value of the New York State Common Retirement Fund (Fund) was $254.1 billion at the end of the … of the financial markets in recent months helped the Fund post positive results for the quarter,” DiNapoli said. …
https://www.osc.ny.gov/press/releases/2023/08/dinapoli-state-pension-fund-valued-2541-billion-end-first-quarterXII.7.D Expedite Requests – XII. Expenditures
… available to provide to BSE auditors. If BSE is satisfied with the expedite justification and has reasonable assurance …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii7d-expedite-requestsDiNapoli: Former Director Pleads Guilty to Stealing $1,700 From Hornell Partners for Growth
… Grand Larceny in the Fourth Degree for stealing $1,711 in cash from the non-profit’s Annual Fourth of July festival … Shelly Stevens pleaded guilty for stealing $1711 in cash from the nonprofits Annual Fourth of July Festival …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-director-pleads-guilty-stealing-1700-hornell-partners-growthDiNapoli: Former Treasurer of Frewsburg Central School District Pleads Guilty to Stealing Nearly $7,000 in School Funds
… Jason Schmidt today announced the arrest and guilty plea of Angela Smoulder, former Treasurer of the Frewsburg Central School District, for stealing nearly … pay for their extracurricular activities,” DiNapoli said. “I thank Chautauqua District Attorney Schmidt and his office …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-former-treasurer-frewsburg-central-school-district-pleads-guilty-stealing-nearly-7000-schoolNYS Common Retirement Fund Reports Third Quarter Results
… a fraction of the Fund’s annual investment return, which is targeted at 5.9%. About the New York State Common … Retirement Fund The New York State Common Retirement Fund is one of the largest public pension funds in the United …
https://www.osc.ny.gov/press/releases/2022/02/nys-common-retirement-fund-reports-third-quarter-resultsVillage of Scotia – Internal Controls Over Selected Financial Operations (2012M-148)
… internal controls over selected financial operations for the period June 1, 2010, to October 31, 2011. Background … an elected Mayor. The Village’s budgeted appropriations for the 2011-12 fiscal year were approximately $8.3 million. … State Department of Motor Vehicle (DMV) Scofflaw Program for addressing unpaid violations. By participating, the …
https://www.osc.ny.gov/local-government/audits/village/2013/01/11/village-scotia-internal-controls-over-selected-financial-operations-2012m-148Town of Dunkirk – Justice Court (2013M-106)
… Purpose of Audit The purpose of our audit was to evaluate internal controls over the Court’s financial operations for the period January 1, 2012, … March 15, 2013. Background The Town of Dunkirk is located in Chautauqua County and has a population of approximately …
https://www.osc.ny.gov/local-government/audits/town/2013/06/28/town-dunkirk-justice-court-2013m-106Village of Shoreham – Board Oversight and Justice Court (2017M-152)
… Conduct a thorough audit of claims before authorizing payment, require the steward and building commissioner to …
https://www.osc.ny.gov/local-government/audits/justice-court/2021/04/09/village-shoreham-board-oversight-and-justice-court-2017m-152Village of Mastic Beach – Treasurer’s Office and Credit Cards (2014M-150)
… Purpose of Audit The purpose of our audit was to review selected Village financial operations for the … The Treasurer did not propose budget modifications prior to over-expending budget lines. While the credit card policy … may be established, limit the number of credit cards to be issued, address to whom the cards may be issued, nor …
https://www.osc.ny.gov/local-government/audits/village/2014/08/08/village-mastic-beach-treasurers-office-and-credit-cards-2014m-150Town of Almond – Internal Controls Over Selected Financial Activities (2013M-209)
… 85 percent of 2013 appropriations. Internal controls over cash receipts in the Clerk’s office were not appropriately …
https://www.osc.ny.gov/local-government/audits/town/2013/11/15/town-almond-internal-controls-over-selected-financial-activities-2013m-209Town of Westerlo – Selected Financial Activities (2013M-323)
… Purpose of Audit The purpose of our audit was to examine internal … 31, 2013. Background The Town of Westerlo is located in Albany County and is governed by a Town Board comprising the Town …
https://www.osc.ny.gov/local-government/audits/town/2014/03/28/town-westerlo-selected-financial-activities-2013m-323