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State Pension Fund Adds $30 Million for Investments in New York Companies
… The New York State Common Retirement Fund has committed an … state-based investments in 42 companies including Vnomics, a fleet management software company located near Rochester … 80 percent of the cost of benefit payments has been funded by investment returns. The Fund’s fiscal year ends March 31, …
https://www.osc.ny.gov/press/releases/2015/03/state-pension-fund-adds-30-million-investments-new-york-companiesDiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… storms and continue to provide retirement security to the public employees it serves.” The Fund's value reflects … York State Common Retirement Fund is one of the largest public pension funds in the United States. The Fund holds and …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24DiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… As the Metropolitan Transportation Authority (MTA) adjusts to the loss of $15 billion in congestion pricing revenue and … in a state of good repair and it must be transparent about how the choices it makes will impact riders, according to a … on congestion pricing revenue and are under review. The work to be reprioritized can be divided by their purpose: …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingDiNapoli: Preschool Special Education Provider Received Nearly $6 Million for Ineligible Expenses
… Thomas P. DiNapoli announced today. DiNapoli's audit of New York League for Early Learning Inc. (NYL) focused on … "We have referred our findings to the SED for the recovery of this money. Department officials are in agreement with our … special education students. It was also a member of the eight-member Young Adult Institute Network, which also …
https://www.osc.ny.gov/press/releases/2017/03/dinapoli-preschool-special-education-provider-received-nearly-6-million-ineligible-expensesImproper Medicaid Payments for Individuals Receiving Hospice Services Covered by Medicare (Follow-Up)
… Objective To assess the extent of implementation of the nine recommendations … About the Program Hospice is a coordinated program of home and/or inpatient care that treats terminally ill individuals … are given 30 days after the issuance of this follow-up to provide information on any actions that are planned to …
https://www.osc.ny.gov/state-agencies/audits/2023/02/13/improper-medicaid-payments-individuals-receiving-hospice-services-covered-medicare-followMedicaid Program – Improper Fee-for-Service Pharmacy Payments for Recipients With Third-Party Health Insurance
… third-party health insurance (TPHI) for pharmacy services in addition to Medicaid (e.g., employer-based coverage, … to prevent TPHI overpayments from occurring. Beginning in 2023, pharmacy services for recipients enrolled in some managed care plans will be covered by FFS; therefore, …
https://www.osc.ny.gov/state-agencies/audits/2023/05/11/medicaid-program-improper-fee-service-pharmacy-payments-recipients-third-party-healthDiNapoli: State Education Employment Program For New Yorkers With Disabilities Falling Short
… “People with disabilities often face great obstacles in finding and keeping the jobs they want, and the pandemic … failure to monitor progress and by significant delays in implementing the individual plans for achieving … a chief disability officer, and hope that this will result in much-needed improvements to the state’s services and …
https://www.osc.ny.gov/press/releases/2022/03/dinapoli-state-education-employment-program-new-yorkers-disabilities-falling-shortDiNapoli: Lack of Oversight Hinders Home Meal Delivery Program for Vulnerable Seniors
… New York City’s Department for the Aging (DFTA) needs to do … 2019. DFTA said it expects providers to put the donations back into the program, but it does not verify that takes …
https://www.osc.ny.gov/press/releases/2022/01/dinapoli-lack-oversight-hinders-home-meal-delivery-program-vulnerable-seniorsDiNapoli: Livingston County Woman Arrested for Theft of Deceased Mother's Pension Payments
… she was not entitled to, ” DiNapoli said. “Thanks to my investigative team, the State Police, and District … McCaffrey, she is being held accountable for her actions. My office will continue to work with law enforcement agencies …
https://www.osc.ny.gov/press/releases/2024/01/dinapoli-livingston-county-woman-arrested-theft-deceased-mothers-pension-paymentsMedicaid Program – Improper Medicaid Payments for Outpatient Services Billed as Inpatient Claims
… Inpatient care generally requires recipients to stay overnight in the hospital and be monitored by the health care …
https://www.osc.ny.gov/state-agencies/audits/2023/08/30/medicaid-program-improper-medicaid-payments-outpatient-services-billed-inpatient-claimsDiNapoli: State Needs to Help Addiction Support Providers Better Prepare for Emergencies
… programs may not be adequately prepared in an emergency to prevent gaps in care, which could compromise patient progress or safety, according to a new audit released today by New York State Comptroller … programs to thousands of New Yorkers battling substance use disorders or gambling addiction. “The COVID-19 pandemic …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-state-needs-help-addiction-support-providers-better-prepare-emergenciesDiNapoli: State is Slow in Disbursing Some Federal Relief Funds for Housing
… has been slow when it comes to using some federal relief funds earmarked to alleviate the state’s affordable housing … and its local program administrators, the distribution of funds has been delayed, putting some of the funding at risk. … crisis,” DiNapoli said. “We need every dollar available for housing needs in our state, particularly those that can …
https://www.osc.ny.gov/press/releases/2022/09/dinapoli-state-slow-disbursing-some-federal-relief-funds-housingSt. Mary’s Hospital for Children, Inc. – Compliance With the Reimbursable Cost Manual
… 31, 2019, St. Mary’s reported approximately $12 million in reimbursable costs for the SED preschool cost-based … years ended December 31, 2019, we identified $257,142 in reported costs that did not comply with the requirements in the RCM and the CFR Manual, as follows: $150,752 in …
https://www.osc.ny.gov/state-agencies/audits/2022/11/09/st-marys-hospital-children-inc-compliance-reimbursable-cost-manualMedicaid Program – Overpayments for Therapy Services and Prescription Drugs Covered by Medicare
… Many of the State’s Medicaid recipients are also enrolled in Medicare. Such individuals are referred to as … Medicaid. Key Findings The audit identified $20.1 million in Medicaid payments for services provided to dual-eligible recipients that, according to the automated claim information, should have been paid by Medicare, as …
https://www.osc.ny.gov/state-agencies/audits/2019/10/30/medicaid-program-overpayments-therapy-services-and-prescription-drugs-covered-medicareDiNapoli: SED Makes Progress on Implementation of Dignity for All Students Act
… “I commend the State Education Department for acting on my audit and strengthening its efforts to enforce the Dignity …
https://www.osc.ny.gov/press/releases/2019/11/dinapoli-sed-makes-progress-implementation-dignity-all-students-actGlobal Investor Coalition Calls on Exxon to Prepare for a Lower Carbon Future
… New York State Common Retirement Fund is the third largest public pension fund in the United States, with $184.5 billion … beneficiaries. The Fund has a diversified portfolio of public and private equities, fixed income, real estate and …
https://www.osc.ny.gov/press/releases/2016/01/global-investor-coalition-calls-exxon-prepare-lower-carbon-futureDiNapoli: Former Vernon Center Fire Department Treasurer Arrested for Stealing Over $300,000
… defendant, Jonnell Rose, was charged with grand larceny in the second degree. “Jonnell Rose allegedly exploited his … and the New York State Police for their partnership in this investigation.” “I want to commend our State Police … with the allegedly stolen funds. Rose was arraigned in Vernon Town Court. The charges filed in this case are …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-former-vernon-center-fire-department-treasurer-arrested-stealing-over-300000DiNapoli: Owner and Employee of Medical Transport Company Arrested for Defrauding Medicaid
… pockets,” DiNapoli said. “Medicaid is a vital program, and my office will continue to partner with law enforcement to hold those who attempt to defraud it accountable. My thanks to District Attorney Carney and Schenectady County …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-owner-and-employee-medical-transport-company-arrested-defrauding-medicaidDiNapoli: Former Durhamville Fire Department Treasurer Arrested for Allegedly Stealing Over $92,000
… over $92,000 from the Department over a seven-year period, New York State Comptroller Thomas P. DiNapoli and the New York … arraignment for the Town of Verona Court on charges of grand larceny in the second degree and corrupting the …
https://www.osc.ny.gov/press/releases/2024/11/dinapoli-former-durhamville-fire-department-treasurer-arrested-allegedly-stealing-over-92000State Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… New York State Common Retirement Fund, the third largest public pension plan in the United States. To protect the … employers, the Fund manages a diversified portfolio of public and private equities, fixed income, real estate and …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-future