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DiNapoli: State Pension Fund Value $210.2 Billion
… March 31, 2019. The Fund closed the year with an estimated value of $210.2 billion, which is subject to change once returns are fully audited. The Fund’s audited value at the end of state fiscal year 2018 was $207.4 billion. “The Fund’s value continued to grow during its 2019 fiscal year and …
https://www.osc.ny.gov/press/releases/2019/05/dinapoli-state-pension-fund-value-2102-billionState Agencies Bulletin No. 1343
… Purpose To inform all agencies of upcoming changes to the PayServ system, inbound and … legacy cost centers to the new accounting structure (Chart of Accounts) in the Statewide Financial System. Affected … will be affected Background The State adopted a new chart of accounts in 2012 when it implemented the Statewide …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1343-new-york-state-payroll-system-payserv-conversion-statewide-financialCompliance With Payment Card Industry Standards
To determine whether selected State University of New York schools are in compliance with Payment Card Industry standards and whether
https://www.osc.ny.gov/state-agencies/audits/2016/06/08/compliance-payment-card-industry-standardsOpinion 89-37
… This opinion represents the views of the Office of the State Comptroller at the time it was rendered. The … opinion. STATE COMPTROLLER -- Powers and Duties (filing of registration statements by pawnbrokers) LICENSING AND …
https://www.osc.ny.gov/legal-opinions/opinion-89-37Death Benefits – Divorce and Your Benefits
… Ordinary Death Benefit The Retirement and Social Security Law (RSSL) provides for an ordinary death benefit if a member dies while in active service … see the post-retirement death benefit section of the Retiree Death Benefits page . If a member is required to …
https://www.osc.ny.gov/retirement/members/divorce/death-benefitsDiNapoli: State Pension Fund Value $178.1 Billion
… markets during a volatile year. The Fund has an estimated value of $178.1 billion. “Despite weak equity markets, the … expected rate of return is 7 percent. The Fund’s value reflects $10.9 billion in benefits paid out during the … years 2014-2015 and 2015-2016. A graph showing the Fund’s value since 1993 is available here: …
https://www.osc.ny.gov/press/releases/2016/06/dinapoli-state-pension-fund-value-1781-billionComptrollers DiNapoli, Lander Urge Fellow Netflix Investors to Support Workers' Rights
… shareholders to support their joint proposal urging the streaming service to uphold its employees’ rights to … DiNapoli said. “While Netflix says it’s now a leader in the highly unionized entertainment industry, it’s lagging … on the proposal at CVS’s annual meeting on May 18, 2023. Link to exempt solicitation encouraging Netflix shareholders …
https://www.osc.ny.gov/press/releases/2023/05/comptrollers-dinapoli-lander-urge-fellow-netflix-investors-support-workers-rightsManagement of Invasive Species (Follow-Up)
… of implementation of the four recommendations included in our initial audit report, Management of Invasive Species … Program Many species of plants and animals currently found in New York State are not indigenous, but rather have been … 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/2021/11/19/management-invasive-species-followEconomic and Demographic Trends – 2022 Financial Condition Report
… over 226,000 jobs, an increase of 2.6 percent compared to growth nationally of 5.6 percent. Employment in the State … State’s unemployment rate fell from 9.9 percent in 2020 to 6.9 percent in 2021. The leisure and hospitality sector, … The financial activities and government sectors continued to have job losses. In 2021, employment increased in all 10 …
https://www.osc.ny.gov/reports/finance/2022-fcr/economic-and-demographic-trendsDiNapoli: Fast Food Companies Agree to Stronger Supplier Oversight
… New York State Comptroller Thomas P. DiNapoli today announced that … food companies Wendy’s and YUM! Brands, the parent company of Kentucky Fried Chicken, Pizza Hut and Taco Bell, have agreed to conduct assessments of human rights …
https://www.osc.ny.gov/press/releases/2016/05/dinapoli-fast-food-companies-agree-stronger-supplier-oversightState Agencies Bulletin No. 1168
… users of PS Query and PayServ with information to assist in using the systems after the upgrade of PeopleSoft Tools … and PS Query Effective Date(s) July 2, 2012 Background On July 2, 2012, the New York State Payroll System, PayServ, will begin using the …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1168-peoplesoft-people-tools-upgrade-payservBuffalo United Charter School - Financial Management (2018M-197)
… complete report - pdf] Audit Objective Determine whether the Board ensured School funds are used in the most effective and economical manner. Key Findings The Board assigned nearly all revenue the School received to …
https://www.osc.ny.gov/local-government/audits/charter-school/2019/03/22/buffalo-united-charter-school-financial-management-2018m-197New York State Comptoller Thomas P. DiNapoli Statement on Standard & Poor's Upgrade of NYS General Obligation Bonds
… Investors Service and Fitch Ratings, again shows that New York state’s finances are headed in the right direction. "The new AA+ rating for the state’s General Obligation bonds …
https://www.osc.ny.gov/press/releases/2014/07/new-york-state-comptoller-thomas-p-dinapoli-statement-standard-poors-upgrade-nys-general-obligationUnified Court System Bulletin No. UCS-45
… Purpose To explain the use of deduction code 380 AFLAC Voluntary Supplemental … Bargaining Unit SY (refer to bulletin UCS-37 ) was the only bargaining unit eligible for this deduction. … May 9, 2001 Agency Actions No agency action is required. The insurance company will submit transactions directly to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-45-voluntary-insurance-program-certain-employees-unified-courtTown of Bath - Real Property Tax Exemptions Administration (2018M-209)
… calculated granted exemptions. Did not report the transfer of all property with exemptions to the County as required. … to meet eligibility requirements. Report the transfer of property with exemptions to the County to ensure the new owner is billed for the prorated share of taxes. Town officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/town/2019/01/25/town-bath-real-property-tax-exemptions-administration-2018m-209Town of Milo - Real Property Tax Exemption Administration (2018M-210)
… calculated granted exemptions. Did not report the transfer of property with exemptions to the County as required. Key … to meet eligibility requirements. Report the transfer of property with exemptions to the County to ensure the new owner is billed for the prorated share of taxes. Town officials generally agreed with our …
https://www.osc.ny.gov/local-government/audits/town/2019/01/18/town-milo-real-property-tax-exemption-administration-2018m-210Comptroller DiNapoli and Senator Peralta Pen Op-Ed on NYS Dream Act
… New York State Comptroller Thomas P. DiNapoli and state Senator Jose Peralta co-authored an op-ed on the NYS …
https://www.osc.ny.gov/press/releases/2015/01/comptroller-dinapoli-and-senator-peralta-pen-op-ed-nys-dream-actMcLean Fire District - Financial Operations (2017M-296)
… were filed. The Board did not approve disbursements prior to payment, but as a result of our audit, District officials implemented a voucher system to ensure Board approval. We commend them for taking prompt … reports are filed timely. The Board should continue to use the voucher system established as a result of our …
https://www.osc.ny.gov/local-government/audits/fire-district/2018/10/05/mclean-fire-district-financial-operations-2017m-296State Agencies Bulletin No. 1202
… Users of the New York State Payroll System Effective Date(s) The changes described in this Bulletin became available in … field to the W-2 Reprint page: Agency Actions Agencies can begin using the new SSN search field immediately on the …
https://www.osc.ny.gov/state-agencies/state-agencies/1202-changes-w-2-reprint-page-payserv2017 Financial Condition Report – 2017 Financial Condition Report
… Message from the Comptroller I am pleased to present the State of New York’s Financial Condition Report … economic, and demographic information in an easy-to-understand format. Read More Table of Contents … Provides …
https://www.osc.ny.gov/reports/finance/2017-fcr