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NY Common Retirement Fund Announces New Measures to Protect State Pension Fund From Climate Risk and Invest in Climate Solutions
… with my fiduciary duty to maximize investment returns for the benefit of our members and retirees, these actions … and coal and modify its proxy voting guidelines to push for public companies to increase disclosure of their climate …
https://www.osc.ny.gov/press/releases/2024/02/ny-common-retirement-fund-announces-new-measures-protect-state-pension-fund-climate-risk-and-investDiNapoli Op-Ed: We Should Be Teaching Financial Literacy in NY's High Schools
… card, student loan or mortgage. It's time for New York to catch up to states who for decades have taught a financial …
https://www.osc.ny.gov/press/releases/2024/02/dinapoli-op-ed-we-should-be-teaching-financial-literacy-nys-high-schoolsState Agencies Bulletin No. 2170
… Administration and Institution paychecks dated December 20, 2023 and December 28, 2023 , respectively. OSC Actions …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2170-year-end-procedure-taxable-employee-expense-reimbursementseBay Publicly Commits to Gender and Racial Diversity in Search for Board Members
… State Comptroller Thomas P. DiNapoli and Trillium Asset Management today announced that they have withdrawn the shareholder proposal they filed at eBay Inc. after the company agreed to revise its Governance Guidelines to include …
https://www.osc.ny.gov/press/releases/2015/03/ebay-publicly-commits-gender-and-racial-diversity-search-board-membersState Pension Fund Commits Additional $50 Million to Invest in New York-Based Companies
… The state pension fund has committed an additional $50 million for … The program has returned nearly $300 million to the state pension fund and supported thousands of jobs across the …
https://www.osc.ny.gov/press/releases/2014/11/state-pension-fund-commits-additional-50-million-invest-new-york-based-companiesDiNapoli: 31 School Districts Designated in Some Level of Fiscal Stress
… Thirty-one school districts statewide were designated in fiscal … Thomas P. DiNapoli’s Fiscal Stress Monitoring System for the school year ending on June 30, 2020. “This is a time of unprecedented uncertainty as the COVID-19 pandemic continues to disrupt school district …
https://www.osc.ny.gov/press/releases/2021/01/dinapoli-31-school-districts-designated-some-level-fiscal-stressState Agencies Bulletin No. 1863
… agencies with the 2020 calendar year-end procedures for taxable travel reimbursement. Background Taxable travel … by receipts. The 2020 maximum rate allowed by IRS for PCM is 57.5 cents per mile effective from January 1, 2020 … December 31, 2020 . Current maximum Federal per diems for the continental U.S. can be found in the Guide to …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1863-year-end-procedure-taxable-employee-expense-reimbursementsFare Collection
… can generate Invoices by either scanning an identification card or manually inputting a customer’s information. As of …
https://www.osc.ny.gov/state-agencies/audits/2019/11/19/fare-collectionOversight of Sidewalk Sheds
… October 1, 2020. About the Program DOB is responsible for regulating the safe and lawful use of more than 1 million … visit, live, and work in the City. DOB is also responsible for the permitting and oversight of sidewalk sheds (sheds), … In addition, daily inspection reports were not maintained for 51 of the 60 sheds (85 percent). Further, in some …
https://www.osc.ny.gov/state-agencies/audits/2021/07/06/oversight-sidewalk-shedsState Comptroller DiNapoli Releases Municipal Audits
… counties, cities, towns and villages across the state to assess whether local officials adequately considered the … Board of Cooperative Educational Services (BOCES) – Online Banking (Fulton County, Hamilton County and Otsego … computer is not used for online banking. Find out how your government money is spent at Open Book New York . …
https://www.osc.ny.gov/press/releases/2021/05/state-comptroller-dinapoli-releases-municipal-audits-1DiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… will restrict investments in oil sands companies that have not demonstrated that they are prepared for the … industry and are restricting investments in those that do not have viable plans to adapt to the low-carbon future. … behalf of more than one million state and local government employees and retirees and their beneficiaries. It has …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesDue Diligence for Companies Holding Abandoned Funds
… See the additional notification requirements section for more information. How to meet due diligence requirements … address on file. The value of the abandoned property account is $20 or less and you plan to aggregate these … mobile application made available by the holder. See NYCRR Title 2 Part 125 for more details. … Companies that hold …
https://www.osc.ny.gov/unclaimed-funds/reporters/due-diligence-companies-holding-abandoned-fundsDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… New York State Comptroller Thomas P. DiNapoli today announced reductions in employer contribution rates to the … made based on what is best for our 1.1 million working and retired members and their beneficiaries.” The estimated … decreased the rate from 8% to 7.5%, in 2015 to 7% and in 2019 to 6.8%. The median assumed rate of return among state …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemState Agencies Bulletin No. 1963
… of Employee Relations (GOER) memorandum dated October 20, 2021 authorizes the 2021 payment. Effective Dates The …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1963-2021-uniform-cleaning-and-maintenance-allowance-certain-ssu-interestDiNapoli: Environmental Facilities Corporation Faces Significant Funding Backlog for Essential Water Infrastructure Projects
… should build on its efforts to help communities access funding to ensure the success of these programs continues.” … and replacement of lead water service lines. Additional funding ($5.4 billion) has come from state grant … $1.4 billion has been spent. Despite these investments, funding needs for New York’s aging water infrastructure …
https://www.osc.ny.gov/press/releases/2024/04/dinapoli-environmental-facilities-corporation-faces-significant-funding-backlog-essential-waterDiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas Companies
… multi-faceted strategy that includes a goal of committing $20 billion to sustainable investments , dedicated staff to …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-more-climate-actions-nys-pension-fund-launches-evaluation-shale-oil-and-gasDiNapoli: State Clean Energy Fund Makes Progress on Developing Solar Capacity, But Energy Efficiency Lags
… for distributed solar capacity and leveraged funds, but is behind in meeting its energy efficiency targets for 2025, … programs have underperformed,” DiNapoli said. “It is important for the state’s climate goals that these funds … promote the use and development of clean energy resources, is administered by the New York State Energy Research and …
https://www.osc.ny.gov/press/releases/2024/07/dinapoli-state-clean-energy-fund-makes-progress-developing-solar-capacity-energy-efficiency-lagsDiNapoli: NYC Transit Must Ensure Cameras and Security Equipment Are Maintained and in Working Order
… working properly and to prevent failures. Auditors looked at a sample of 1,187 pieces of equipment and found that 14% … location and the severity of the problem. Auditors looked at 141 repair tickets and found Transit did not always make … card readers to warn it if anyone enters a subway tunnel at the end of a platform without authorization so it can …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-transit-must-ensure-cameras-and-security-equipment-are-maintained-and-working-orderDiNapoli: NYC Office Building Market Values Rise Amid Shift in Demand for Space
… Office buildings in New York City remain a critical contributor to its economy … higher market values are being fueled by growth outside of traditional Midtown office districts, including Hudson … which have also experienced substantial growth in the number of office-sector businesses. Office buildings in the …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-nyc-office-building-market-values-rise-amid-shift-demand-spaceDiNapoli: Audit Finds Counties Are Not Checking Prices and Scales at Retailers
… retail prices or test scanners, scales and devices used to price, weigh or measure goods at grocery stores, gas stations … to make sure that consumers were paying the correct price, New York State Comptroller Thomas P. DiNapoli said … pricing or weighing devices they use to be accurate. If price scanners or scales are incorrect, or prices don’t match …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-audit-finds-counties-are-not-checking-prices-and-scales-retailers