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New York State Common Retirement Fund
The New York State Common Retirement Fund holds and invests the assets of the New York State and Local Retirement System
https://www.osc.ny.gov/common-retirement-fundOpinion 88-15
… This opinion represents the views of the Office of the State … district attorney as comptroller of incorporated insurance company) GENERAL MUNICIPAL LAW, §§800(3), 801: A village … as school district attorney, the school district's code of ethics should be consulted to ascertain whether it …
https://www.osc.ny.gov/legal-opinions/opinion-88-15Avoiding a Rejected DRO – Divorce and Your Benefits
… or New York State law, will be rejected. Reasons for rejection may include: Qualified Status — References to … Security Act (ERISA), the Retirement Equity Act of 1984 and certain provisions of the Internal Revenue Code (IRC) … (ERISA) and the Internal Revenue Code (IRC) that provide for pension distributions at the earliest eligibility age do …
https://www.osc.ny.gov/retirement/members/divorce/avoiding-rejected-droDiNapoli: State Medicaid Program Made More Than $100 Million in Duplicate Payments
… than $100 million in duplicate payments to managed care organizations (MCOs) for premiums over a more than four year period, according to … recipients receive their services through managed care organizations (MCOs). The Department of Health (DOH) pays … than $100 million in duplicate payments to managed care organizations MCOs for premiums over a more than four year …
https://www.osc.ny.gov/press/releases/2019/08/dinapoli-state-medicaid-program-made-more-100-million-duplicate-paymentsState Comptroller DiNapoli Releases Audits
… toward the collective 20 percent energy reduction. In a follow-up, auditors found OGS has made significant progress in correcting the problems identified in the initial report. Department of Health (DOH): Improper …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-auditsOpinion 2001-2
… (point accumulation required in order to be credited with one year of firefighting service); (participation in … upon accumulation of points in another category) GENERAL MUNICIPAL LAW §217(c): (1) A service award program … responses a prerequisite for the award of points for other categories of activities? Section 217(c) of the GML provides …
https://www.osc.ny.gov/legal-opinions/opinion-2001-2Holocaust Survivors
… For Funds Held by Swiss Banks and Insurance Companies in Europe If you are seeking information on accounts or … can be downloaded from the HCPO Internet website. In addition, the HCPO will provide assistance in completing a claim form. The NYS Comptroller’s Office of …
https://www.osc.ny.gov/unclaimed-funds/claimants/holocaust-survivorsDefinitions – Contribution Stabilization Program
… the Comptroller. The Actuary determines the present value of current and future retirement benefits based on the … Comptroller on Actuarial Assumptions. The present value of benefits is then compared to the value of the Common Retirement Fund’s assets. The difference …
https://www.osc.ny.gov/retirement/employers/csp/definitionsState Comptroller DiNapoli Statement on Passage of Legislation Increasing Oversight of Industrial Development Agencies (A.07915/S.05867)
… of benefits if job creation goals are not met, we can address many of the concerns raised in audits by my office over the years. Equally important, these new … the economic results that they were promised by their local IDAs. …
https://www.osc.ny.gov/press/releases/2015/06/state-comptroller-dinapoli-statement-passage-legislation-increasing-oversight-industrial-developmentState Agencies Bulletin No. 2379
… Purpose: The purpose of this bulletin is to provide agencies with … for processing taxable Educational Assistance Benefits for 2025. Affected Employees: Employees who receive Employer paid … paid qualified Educational Assistance benefits that exceed the $5,250 exclusion limit for calendar year 2025 are …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2379-educational-assistance-benefits-2025Additional Service Credit Under Article 19 – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 2 Members
… NonContributory Plan with Guaranteed Benefits information for ERS Tier 2 members under Sections 75d and 75e Additional …
https://www.osc.ny.gov/retirement/publications/1507/additional-service-credit-under-article-19Additional Service Credit Under Article 19 – Non-Contributory Plan with Guaranteed Benefits for ERS Tier 1 Members
… NonContributory Plan with Guaranteed Benefits information for ERS Tier 1 members …
https://www.osc.ny.gov/retirement/publications/1502/additional-service-credit-under-article-19DiNapoli: Former West Hurley Fire District Chief and Chairman Charged in Corruption Probe
… used the fire district water tanker for his wife’s Woodstock Landscaping & Excavating business. He also … his wife’s business. VanValkenburgh, who also worked for Woodstock Landscaping & Excavating, allegedly defrauded the …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-former-west-hurley-fire-district-chief-and-chairman-charged-corruption-probeOysterponds Union Free School District - Financial Management (2019M-217)
… The Board overestimated general fund appropriations by a total of approximately $1.6 million from 2016-17 through … back, unassigned fund balance exceeds the statutory limit by nearly 27 percentage points. Key Recommendations Develop a …
https://www.osc.ny.gov/local-government/audits/school-district/2020/01/17/oysterponds-union-free-school-district-financial-management-2019m-217DiNapoli: Springport Town Clerk Faces Criminal Charges
… Springport Town Clerk Deborah Waldron was arrested today for allegedly trespassing on a town computer to boost her … employee, was charged with offering a false instrument for filing in the 1st degree, computer trespass and official … Springport Town Clerk Deborah Waldron was arrested today for allegedly trespassing on a town computer to boost her …
https://www.osc.ny.gov/press/releases/2017/05/dinapoli-springport-town-clerk-faces-criminal-chargesGreene County Industrial Development Agency – Management Practices (2013M-95)
… to September 4, 2012. Background GCIDA was established in 1972 and is governed by a Board which comprises six … audit period. Key Findings GCIDA entered into contracts in which we believe former GCIDA Board members had prohibited … cost-benefit analyses. GCIDA does have a process in place to monitor employment goals. However, it does not …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/03/04/greene-county-industrial-development-agency-managementNew York State Health Insurance Program – Payments by Empire BlueCross for Hospital Services for Ineligible Members (Follow-Up)
… of implementation of the five recommendations included in our initial audit report, Payments by Empire BlueCross for … Finding Civil Service and Empire made significant progress in addressing the problems we identified in the initial audit. In particular, Empire recovered over …
https://www.osc.ny.gov/state-agencies/audits/2021/12/27/new-york-state-health-insurance-program-payments-empire-bluecross-hospital-servicesNew York State Comptroller DiNapoli Statement on EPA Proposal to Roll Back Emission Standards
… proposal to undo federal emissions standards for cars and light trucks. "The world's leading climate scientists have … proposal to undo federal emissions standards for cars and light trucks …
https://www.osc.ny.gov/press/releases/2018/10/new-york-state-comptroller-dinapoli-statement-epa-proposal-roll-back-emission-standardsDiNapoli: Many NYC Senior Citizens Remaining Too Long on DFTA Wait Lists for Services
… seniors are waiting months on the New York City Department for the Aging’s (DFTA) client wait lists to get critical … to ensure they complied with the agency’s standards for delivering services to seniors. A random sample of 53 … instances where providers failed to meet DFTA’s standards for delivering timely services to 18 of the clients (34%). …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-many-nyc-senior-citizens-remaining-too-long-dfta-wait-lists-servicesExecutive Order - Financial Literacy
As State Comptroller I am committed to educating the public on financial literacy so New Yorkers experience the benefits of such efforts including sound personal finances and a greater understanding of State and local financial matters.
https://www.osc.ny.gov/files/about/pdf/executive-order-financial-literacy.pdf