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Opinion 90-44
… State Comptroller at the time it was rendered. The opinion may no longer represent those views if, among other things, … general rule of statutory construction, legislative intent may be discerned by considering all parts of a statute …
https://www.osc.ny.gov/legal-opinions/opinion-90-44Investors Reach Settlement with Wynn Resorts
… Thomas P. DiNapoli announced today. “We filed our lawsuit in response to serious and repeated allegations of sexual … The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's … and a trustee of, the New York City Pension Funds (the “NYC Funds”) responsible for protecting the retirement …
https://www.osc.ny.gov/press/releases/2019/11/investors-reach-settlement-wynn-resortsDiNapoli: NYC’s Tech Boom Partially Offset City's Pandemic Job Losses
… tech employment increase by 42.6% from 2016 to 2021. Tech industry jobs increased slightly in Queens and declined in … out of all sectors with over 2,000 employees. Impact on Real Estate: By 2020, technology, advertising, media and …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nycs-tech-boom-partially-offset-citys-pandemic-job-lossesDiNapoli Announces New $7 Million Investment in Northern Ireland
… million (£5 million) in Northern Ireland through the Bank of Ireland Kernel Capital Growth Fund (NI). The fund, managed … established in 2013 by Invest Northern Ireland and Bank of Ireland to assist Northern Ireland based SMEs to … years to come.” Welcoming the announcement, First Minister of Northern Ireland, Arlene Foster MLA said: “This …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandWhat is a Defined Benefit Plan?
… plans, retirement assets are pooled, and the investment risk is shared. These plans are usually administered by … and retain qualified employees. Employers can reduce the risk of employee turnover, which can help cut training costs … With a defined contribution plan, the employer, employee or both make contributions to an individual retirement …
https://www.osc.ny.gov/retirement/members/defined-benefit-planDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… warned, however, that existing constraints on the Fund’s staffing and compensation could have current and future … To complete its review, FAS examined over 1,000 contract documents and conducted interviews with staff, … and independent investment advisory committees agree that staffing and compensation need to be addressed and note the …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffingState Comptroller DiNapoli Positions New York Pension Fund For Low Carbon Future
… New York State Comptroller Thomas P. DiNapoli today announced an investment strategy that will raise the New York Common Retirement Fund’s (Fund) commitment to … the opportunity to extend our strategic partnership with New York state by developing this customized method for …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-dinapoli-positions-new-york-pension-fund-low-carbon-futureOpinion 92-10
… 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 … You inquire about the period of time for which these funds must be held and the disposition of the funds upon …
https://www.osc.ny.gov/legal-opinions/opinion-92-10Opinion 89-49
… in the opinion. FEES -- Court Fees (in proceeding for appointment of administrator c.t.a. or d.b.n., or … SURROGATE'S COURT PROCEDURE ACT, §2402: In a proceeding for the appointment of an administrator c.t.a. or d.b.n., or a successor executor as substitute for a previously named fiduciary, a fee is properly charged …
https://www.osc.ny.gov/legal-opinions/opinion-89-49State Contract and Payment Actions in October
… Office of the Attorney General $5.5 million with B/A Investors LLC for office space in Albany County. $1.2 … Authority $31.8 million with J. D'Annunzio & Sons Inc. for bridge replacement on North Avenue over I-95 in Westchester … with Gianfia Corp. for improvements and construction of a pedestrian bridge at the I-87 and I-287 interchange in …
https://www.osc.ny.gov/press/releases/2022/11/state-contract-and-payment-actions-octoberGovernor Cuomo and Comptroller DiNapoli Appoint First-Ever Decarbonization Advisory Panel
… for Energy, Policy and Finance at Stanford University, Ms. Seiger leads sustainable and energy finance initiatives … School of Business, and Precourt Institute for Energy. Ms. Seiger serves on the board of CERES, a leading … Williams: Currently a senior advisor for Zizzo Strategy, Ms. Williams previously established the responsible investing …
https://www.osc.ny.gov/press/releases/2018/03/governor-cuomo-and-comptroller-dinapoli-appoint-first-ever-decarbonization-advisory-panelXVI.3.B Fund Accounting – XVI. Financial Reporting
… 1300 – Fund Accounting Process and Document Preparation: New York State has three broad fund categories that are … postemployment benefit (OPEB) plans. The State reports the New York State and Local Retirement System (NYSLRS), which … New York State has three broad fund categories that are …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvi/xvi3b-fund-accountingPenn Entertainment and MGM Resorts Letters
I write as Trustee of the New York State Common Retirement Fund (Fund), one of the largest public pension funds in the United States, which holds and invests the assets of the New York State and Local Retirement System on behalf of its 1.2 million members, retirees, and beneficiaries.
https://www.osc.ny.gov/files/common-retirement-fund/pdf/penn-entertainment-mgm-resorts-letters.pdfNew York State Pension Fund Sets 2040 Net Zero Carbon Emissions Target
… investment’s long-term value at risk. I am grateful for Senator Liz Krueger’s focus on addressing climate risk, her … consulting partners to support these critical efforts. Senator Liz Krueger said : “Today’s announcement from the … Leadership and Community Protection Act. For years, Senator Liz Krueger has been an outspoken advocate and true …
https://www.osc.ny.gov/press/releases/2020/12/new-york-state-pension-fund-sets-2040-net-zero-carbon-emissions-targetState Comptroller DiNapoli Releases Municipal & School Audits
… by an average of $1.3 million (9%) per year, or a cumulative total of approximately $6.4 million. The … reported surplus fund balance ranged from 10 to 15% of the upcoming year’s budget, which was $962,000 to $1.8 million … in payments for 258 chaperoning and sports scorekeeping events due to various discrepancies with game schedules. For …
https://www.osc.ny.gov/press/releases/2025/07/state-comptroller-dinapoli-releases-municipal-school-audits-0Opinion 90-60
… proposed method of financing the design, construction and operation of a county recycling center pursuant to General … as may be agreed upon, for the design, construction, operation, financing, ownership or maintenance of a solid … a county to contract for the "design, construction, operation, financing, ownership or maintenance" of a …
https://www.osc.ny.gov/legal-opinions/opinion-90-60CUNY Bulletin No. CU-842
… Purpose: The purpose of this bulletin is to inform agencies of OSC’s automatic processing of the 2023 … and 2024 PSC three percent (3.00%) Salary Increases and to provide instructions for payments not processed … eligibility criteria are impacted. Background: Pursuant to the Memorandum of Agreement between the City University of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-842-2023-2024-professional-staff-congress-psc-retroactiveState Agencies Bulletin No. 1805
… Purpose The purpose of this bulletin is to notify agencies of an automatic Dues increase. Affected … in Bargaining Unit 21 with Dues (Code 491) and increase the current amount as follows: Bargaining Unit: 01 Current … The purpose of this bulletin is to notify agencies of an …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1805-new-york-state-correctional-officers-police-benevolent-association-0New York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2023
… 30, 2023. Statistics of Income (SOI) Tax Stats – Corporation Income Tax Returns Complete Report , see Table 1: …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2023Introduction – Federal Funding and New York
… “New Yorkers rely on federal funding for everything from paving the highways … State Employees and Federal Funding Federal Support of the State’s Safety Net Medicaid Essential Plan Social … New York State Federal Funds to New York City A Review of Categorical Grants Temporary Assistance for Needy Families …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/introduction