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DiNapoli: State Pension Fund Investments Return 5.84% for State Fiscal Year 2024-25
… was 5.84% for the state fiscal year that ended March 31, 2025. The Fund closed the year with an estimated value of $272.8 billion. (Note: In July 2025, following the annual audit of the Fund's financials, … volatility has been pronounced in the first half of 2025, with unpredictable actions out of Washington and other …
https://www.osc.ny.gov/press/releases/2025/06/dinapoli-state-pension-fund-investments-return-584-state-fiscal-year-2024-25Location Service Providers
… view is that the rightful owners should claim their abandoned funds without charge, strongly encourages everyone … or returning funds. If you are interested in becoming an “Abandoned Property Location Service Provider” in New York … Office, please read the Requirements and Procedures for “ Abandoned Property Location Service Providers. ” Location …
https://www.osc.ny.gov/unclaimed-funds/resources/location-service-providersComptroller DiNapoli Releases Municipal Audits
… Breesport Volunteer Fire Company, Inc. – Financial Activities (2019M-117) The … – Capital Planning (2019M-88) Officials did not develop a capital plan or accurate and complete inventories of … and reporting of financial activity. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2019/08/comptroller-dinapoli-releases-municipal-audits-0Comptroller DiNapoli Releases School Audits
… P. DiNapoli today announced his office completed audits of the Cambridge Central School District , East Quogue Union … and the Randolph Central School District. “In an era of limited resources and increased accountability, it’s … to capture start/end times and hours worked. Because of these deficiencies, district officials do not have …
https://www.osc.ny.gov/press/releases/2014/06/comptroller-dinapoli-releases-school-auditsComptroller DiNapoli Releases Municipal Audits
… card to make 160 personal purchases totaling $12,938, for which the town incurred approximately $3,774 in interest … also found that town officials did not seek competition for eight professional service contracts totaling $384,400. … and public authority data. Visit the Reading Room for contract FOIL requests, bid protest decisions and …
https://www.osc.ny.gov/press/releases/2019/09/comptroller-dinapoli-releases-municipal-auditsCompliance With Payment Card Industry Standards (Follow-Up)
… of payment must comply with the Data Security Standards (DSS) established by the Payment Card Industry (PCI) Security Standards Council. The PCI DSS is a comprehensive set of technical and operational … 19, 2017, examined whether the Authority complied with PCI DSS. The audit covered the period March 1, 2017 through June …
https://www.osc.ny.gov/state-agencies/audits/2019/09/27/compliance-payment-card-industry-standards-followNYS Common Retirement Fund Reports Third Quarter Results
… State Common Retirement Fund’s (Fund) estimated return in the third quarter of the State Fiscal Year (SFY) 2018-19 … 31, 2018, the Fund had 36.4 percent of its assets invested in publicly traded domestic equities and 14.9 percent in international public equities. The remaining Fund assets …
https://www.osc.ny.gov/press/releases/2019/02/nys-common-retirement-fund-reports-third-quarter-resultsComptroller DiNapoli Releases Municipal Audits
… Fire District , Town of Rosendale and the Town of West Seneca . “In today’s fiscal climate, budget transparency … 24 million gallons of water valued at $30,900. Town of West Seneca – Purchasing (Erie County) Town officials did not … Patchogue Fire District Town of Rosendale and the Town of West Seneca …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-releases-municipal-audits-0Receiving Your Benefit and Filing Your Pension Payment Option Election – Special 20- and 25-Year Plans
… affect your potential benefit, and then save or print it. Sign in to your Retirement Online account , go to the ‘My … by the end of the month in which you retire. You have up to 30 days after your pension benefit becomes payable to … a disability retiree, you may change your option selection up to 30 days after your disability application is approved, …
https://www.osc.ny.gov/retirement/publications/1517/receiving-your-benefit-and-filing-your-pension-payment-option-electionComptroller DiNapoli Releases School Audits
… Argyle Central School District – Internal Controls Over Payroll (Washington County) The board’s lack of comprehensive … the bookkeeper performing incompatible duties related to payroll processing and maintaining all leave accrual … and treasurer’s limited roles related to processing payroll did not provide sufficient oversight or monitoring of …
https://www.osc.ny.gov/press/releases/2014/07/comptroller-dinapoli-releases-school-auditsSchuyler County Sheriff’s Department – Payroll, Civil Fees and Bail (2013M-120)
… or withheld, and no information is reported to the State retirement systems. We found errors with 231 of the 333 leave request forms that were available for review, 40 exceptions with the … employees of the County using the payroll system. Contact ERS regarding reporting the earnings and period of service …
https://www.osc.ny.gov/local-government/audits/county/2013/08/02/schuyler-county-sheriffs-department-payroll-civil-fees-and-bail-2013m-120NYS Common Retirement Fund Announces First Quarter Results
… The remaining Fund assets by allocation are invested in cash, bonds and mortgages (23.6 percent), private equity (8.3 …
https://www.osc.ny.gov/press/releases/2018/08/nys-common-retirement-fund-announces-first-quarter-resultsCity of Binghamton – Apparent Misappropriation of Parks and Recreation Department Funds (2013M-169)
… the Department. On April 11, 2013, John Whalen was charged with grand larceny in the second degree, a class "C" felony. …
https://www.osc.ny.gov/local-government/audits/city/2013/10/03/city-binghamton-apparent-misappropriation-parks-and-recreation-department-fundsReceiving Your Benefit and Filing Your Pension Payment Option Election – State Police Plan
… affect your potential benefit, and then save or print it. Sign in to your Retirement Online account , go to the ‘My … by the end of the month in which you retire. You have up to 30 days after your pension benefit becomes payable to … a disability retiree, you may change your option selection up to 30 days after your disability application is approved, …
https://www.osc.ny.gov/retirement/publications/1518/receiving-your-benefit-and-filing-your-pension-payment-option-electionComptroller DiNapoli Releases Municipal Audits
… P. DiNapoli today announced his office completed audits of the Town of Broome , Candor Fire District , County of Clinton … District , Greene County , Hewlett Bay Fire District , Long Lake Fire District No. 1 , Town of Milford , New … the board has not adopted a comprehensive IT policy. Long Lake Fire District No. 1 – Controls Over Financial …
https://www.osc.ny.gov/press/releases/2014/12/comptroller-dinapoli-releases-municipal-audits-1Opinion 96-9
… to a collective bargaining agreement must be calculated as part of the "base salary" of those officers pursuant to … to the chief. Section 207-m provides, in pertinent part, that: whenever the base salary of the permanent … cash compensation to be paid periodically, it would be part of the base salary and the chief would be entitled to a …
https://www.osc.ny.gov/legal-opinions/opinion-96-9Opinion 92-10
… on the issues discussed in the opinion. ABANDONED AND LOST PROPERTY -- Money (unclaimed redemption payments on bearer serial bonds) BONDS AND NOTES -- Redemption (disposition of unclaimed moneys representing amounts paid on matured bearer …
https://www.osc.ny.gov/legal-opinions/opinion-92-10DiNapoli: Governor Cuomo's Proposed Budget Continues Fiscal Progress
… plan to close future budget gaps, as I have called for, or we could get sidetracked and fall back on short-term … withholding, projected at $35 billion, is the largest single element of overall tax receipts and is expected to … fiscal year basis, school aid would increase $1.1 billion, or 5.1 percent. Even with the increase, aid has remained …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-governor-cuomos-proposed-budget-continues-fiscal-progressComptroller DiNapoli Releases School Audits
… today announced his office completed audits of the Ardsley Union Free School District , Babylon Union Free School District , Berkshire Union Free School District , Cobleskill-Richmondville Central … today announced his office completed audits of the Ardsley Union Free School District Babylon Union Free School District …
https://www.osc.ny.gov/press/releases/2016/03/comptroller-dinapoli-releases-school-auditsWall Street Bonuses and Profits Decline in 2015
… in 2015, reflecting a challenging year in the financial markets,” DiNapoli said. “While the cost of legal … six times higher than salaries in the rest of the City’s private sector ($72,300); Although the securities industry is … engines. The industry accounted for 22 percent of all private sector wages paid in New York City in 2014 even …
https://www.osc.ny.gov/press/releases/2016/03/wall-street-bonuses-and-profits-decline-2015