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NYS Common Retirement Fund Reports First Quarter Results
… of the State Fiscal Year (SFY) 2020-21 was 10.35 percent for the three-month period ending June 30, 2020, with an … in modern history lifted the Fund’s value well above what it was at the close of the state fiscal year and … As of June 30, 2020, the Fund had 53.0 percent of its assets invested in publicly traded equities. The remaining …
https://www.osc.ny.gov/press/releases/2020/08/nys-common-retirement-fund-reports-first-quarter-resultsMandatory Membership – Membership and Enrollment
… Mandatory members are required to join NYSLRS. Beginning July 27, 1976, … membership became mandatory. Failure to enroll mandatory members has consequences for the employee, and for you as the employer. Member Must Purchase Service For members who are in a contributory retirement plan, they will …
https://www.osc.ny.gov/retirement/employers/membership-enrollment/mandatory-membershipState Agencies Bulletin No. 1856
… reversed, or reissued will be turned over to the Office of Unclaimed Funds in April 2021. Outreach to employees with uncashed …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1856-schedule-submitting-2020-year-end-returned-checksResponsiveness to Noise Complaints Related to Construction Projects (Follow-Up)
… Objective To determine the extent of implementation of the recommendations in our initial audit report, Responsiveness to Noise Complaints Related to Construction Projects (Report …
https://www.osc.ny.gov/state-agencies/audits/2020/02/04/responsiveness-noise-complaints-related-construction-projects-followDiNapoli: State Pension Fund Reaches Agreements with Companies to Evaluate and Set Greenhouse Gas Emissions Reduction Targets
… The Fund reached GHG agreements with HVAC company Carrier Global Corp., pizza maker Papa John’s International Inc., … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million state and local government employees and retirees and their …
https://www.osc.ny.gov/press/releases/2023/05/dinapoli-state-pension-fund-reaches-agreements-companies-evaluate-and-set-greenhouse-gas-emissionsDiNapoli: Second Former Mechanic at State Police Garage Pleads Guilty to Felony
… time of his arrest. Rapasadi retired from state service on Nov. 12, 2020. He was employed by the state police for at …
https://www.osc.ny.gov/press/releases/2021/09/dinapoli-second-former-mechanic-state-police-garage-pleads-guilty-felonyUnitedHealthcare: Improper Payments for Acupuncture and Acupuncture-Related Services
… acupuncture service. Key Findings We identified $7,331,458 in actual and potential overpayments for services not … payments during our audit period. We found: $210,068 in overpayments from a random sample of 836 services, from 10 … that United made overpayments of $7,010,427. $223,765 in duplicate payments for services already paid on another …
https://www.osc.ny.gov/state-agencies/audits/2021/10/27/unitedhealthcare-improper-payments-acupuncture-and-acupuncture-related-servicesDiNapoli Appoints Senior Budget and Policy Staff
… Todd Scheuermann as assistant comptroller in the Division of Budget and Policy Analysis. These appointments are to fill … for providing an independent and fact-driven analysis of the state’s fiscal health and major policy decisions. The wide depth of experience and knowledge that Maria and Todd will bring to …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-appoints-senior-budget-and-policy-staffAmusement Park and Fair Ride Safety
… necessary inspections may not have been performed. As a result, our auditors will be conducting additional visits to …
https://www.osc.ny.gov/state-agencies/audits/2014/08/12/amusement-park-and-fair-ride-safetyArea #12 – Information Technology Contingency Planning – Information Technology Governance
… such as a flood or fire. The plans, policies, procedures and technical measures that help enable the recovery of … or school’s operations. Proactively anticipating and planning for such disruptions will help prepare local government and school personnel for the actions they must take in the …
https://www.osc.ny.gov/local-government/publications/it-governance/area-12-information-technology-contingency-planningNY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule
… New York State Comptroller Thomas P. DiNapoli released the following statement on the Securities and Exchange … is a significant victory for investors who are committed to mitigating the real investment risks associated with … by companies, investors will have a clearer view of how climate change and the transition to a net-zero economy …
https://www.osc.ny.gov/press/releases/2024/03/ny-state-comptroller-thomas-p-dinapoli-statement-secs-adoption-climate-change-disclosure-ruleComptroller DiNapoli Releases Municipal Audits
… County) The board relied on fund balance to finance part of the town’s operations, reducing unexpended surplus …
https://www.osc.ny.gov/press/releases/2015/05/comptroller-dinapoli-releases-municipal-audits-2DiNapoli: State Tax Collections Outperform Budget Division Projections for 2023-24
… (DOB) in the most recent financial plan, according to the March State Cash Report released today by New York State … of nearly $3.2 billion in Medicaid provider payments from March to April, including $1.4 billion of state share …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-state-tax-collections-outperform-budget-division-projections-2023-24Excessive Premium Payments for Dual-Eligible Recipients Enrolled in Mainstream Managed Care and Health and Recovery Plans (Follow-Up)
… in our initial audit report, Excessive Premium Payments for Dual-Eligible Recipients Enrolled in Mainstream Managed Care and Health and Recovery Plans (Report 2021-S-37 ). About the … disorders. Within MMC and HARP is the Integrated Benefits for Dually Eligible Enrollees Program (IB-Dual), which became …
https://www.osc.ny.gov/state-agencies/audits/2024/05/08/excessive-premium-payments-dual-eligible-recipients-enrolled-mainstream-managed-care-andUnnecessary and Potentially Illegal Consultant Contract With Former New York State Council on the Arts Executive Director
… Council on the Arts Executive Director Heather Hitchens for necessity, propriety and compliance with State law and … appointment took effect August 1, 2007 at an annual salary capped by law at $109,800. In the same month Ms. … and continued primarily as a means to circumvent the salary for the position set by State law and increase Ms. …
https://www.osc.ny.gov/state-agencies/audits/2013/09/26/unnecessary-and-potentially-illegal-consultant-contract-former-new-york-state-council-artsOpinion 89-14
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The opinion …
https://www.osc.ny.gov/legal-opinions/opinion-89-14Opinion 90-33
… (see also Public Officers Law, §9 which provides, in part, that, unless otherwise prescribed by law, a deputy …
https://www.osc.ny.gov/legal-opinions/opinion-90-33Public Authorities – 2023 Financial Condition Report
… Public authorities are distinct legal entities that provide services to the … to improve rail infrastructure between New York and New Jersey. For more information on public authorities, please … have complied with reporting requirements for 2022. ** Numbers may not add due to rounding. *** Certain New York …
https://www.osc.ny.gov/reports/finance/2023-fcr/public-authoritiesDiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
… $50 million commitment provided the anchor investment in the New York Small Business Investment Company (SBIC) Fund … Lane. The SBIC Fund II has approximately $150 million in total committed capital to support small businesses … make its first investments. The SBIC Fund II was launched in 2022 and is built upon the success of Hamilton Lane’s …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundNY State Comptroller DiNapoli Announces New $50 Million Investment in Northern Ireland
… New York State Comptroller Thomas P. DiNapoli was joined in Belfast by … Northern Ireland companies from the New York State Common Retirement Fund. The investment from the state pension fund’s private …
https://www.osc.ny.gov/press/releases/2023/10/ny-state-comptroller-dinapoli-announces-new-50-million-investment-northern-ireland