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DiNapoli: Value of IDA Projects Grew 10% in 2021 to $126 Billion
… to $29.2 million in 2021. County IDAs were responsible for 61.2% of all active IDA projects in 2021, followed by … (0.1%). The report summarizes data as reported by IDAs for fiscal year end 2021 through the Public Authorities … IDA, do not. DiNapoli’s report found that: Tax exemptions for IDA projects totaled almost $1.9 billion, an increase of …
https://www.osc.ny.gov/press/releases/2023/04/dinapoli-value-ida-projects-grew-10-percent-in-2021-to-126-billionComptroller DiNapoli and A.G. Schneiderman Announce Guilty Plea by New Jersey Woman Over Theft of More Than $162,000 in New York State Pension Benefits
… of New York & New Jersey. Miller died in 2006, with no survivor designated to receive benefits. According to the …
https://www.osc.ny.gov/press/releases/2015/07/comptroller-dinapoli-and-ag-schneiderman-announce-guilty-plea-new-jersey-woman-over-theft-more-162000State Comptroller DiNapoli Statement on Superstorm Sandy Anniversary
… New York State Comptroller Thomas P. DiNapoli made the … still face serious economic challenges. Even now, New Yorkers are relying on state government to provide …
https://www.osc.ny.gov/press/releases/2014/10/state-comptroller-dinapoli-statement-superstorm-sandy-anniversaryNY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule
… New York State Comptroller Thomas P. DiNapoli released the following … risk, please see the 2023 Progress Report on the New York State Common Retirement Fund’s Climate Action Plan. …
https://www.osc.ny.gov/press/releases/2024/03/ny-state-comptroller-thomas-p-dinapoli-statement-secs-adoption-climate-change-disclosure-ruleComptroller DiNapoli & A.G. Schneiderman Announce Charges Against Florida Resident For Allegedly Stealing Over $148k In NYS Pension Benefits
… New York State Comptroller Thomas DiNapoli and Attorney General Eric T. Schneiderman announced today the … who elected to receive reduced monthly benefits so his wife, Doris Yudenfreund, would continue to receive benefits …
https://www.osc.ny.gov/press/releases/2016/06/comptroller-dinapoli-ag-schneiderman-announce-charges-against-florida-resident-allegedly-stealingProcessing of Sexual Offense Evidence Collection Kits
… Objective To determine if the Division of State Police’s (Division) Crime Laboratory System (CLS) … compliance with Executive Law Section 838-a: Maintenance of Sexual Offense Evidence Kits (Executive Law). This audit … through February 12, 2020. About the Program Medical professionals use kits to collect DNA and other evidence …
https://www.osc.ny.gov/state-agencies/audits/2020/05/27/processing-sexual-offense-evidence-collection-kitsPreferred Source Contracting
… Purpose To determine how State agencies and facilitating agencies are … providers in partnership with private entities to ensure contract requirements are being met; whether the …
https://www.osc.ny.gov/state-agencies/audits/2016/06/28/preferred-source-contractingDiNapoli: Alexandria Clerk Charged In Theft of Town Fees
… The former town clerk of the town of Alexandria was arrested today for grand larceny related to the missing … grand larceny in the third degree in Clayton Town Court. Her misdeeds were uncovered in an audit and investigation by … office at the town’s request, in partnership with the New York State Police. The audit and investigation revealed …
https://www.osc.ny.gov/press/releases/2015/11/dinapoli-alexandria-clerk-charged-theft-town-feesAre You Vested? And What It Means
… requirements established by your retirement plan. Vesting is automatic; you do not have to fill out any paperwork to … Service (IRS) rules and the Retirement and Social Security Law (RSSL). When you apply to retire, we will notify your employer that your last day on their payroll must be no later than the day before …
https://www.osc.ny.gov/retirement/members/are-you-vested-and-what-it-meansDiNapoli Restricts Investments in 21 Shale Oil & Gas Companies
… companies, including Pioneer Natural Resources Co., Hess Corp. and Chesapeake Energy Corp., that have failed to demonstrate they are prepared for … viable transition strategies. The 21 companies are: APA Corp. Apache Corp. Baytex Energy Corp. Birchcliff Energy Ltd. …
https://www.osc.ny.gov/press/releases/2022/02/dinapoli-restricts-investments-21-shale-oil-gas-companiesPurchasing and Procurement Practices (Follow-Up)
… meet, including a requirement that NYRA keep its expenses at commercially reasonable levels and in accord with racing … standards. Because NYRA operates its racing operations at a deficit, it is imperative that its purchasing practices result in obtaining goods and services at the best available prices, primarily through competition. …
https://www.osc.ny.gov/state-agencies/audits/2024/01/18/purchasing-and-procurement-practices-followDiNapoli Announces Reduction in Employer Contribution Rates for Retirement System
… DiNapoli lowered the long-term assumed rate of return on the Fund’s investments from 6.8% to 5.9%. “The Fund’s … taxpayers, our investment decisions are always made based on what is best for our 1.1 million working and retired … 30 years. Employer rates for NYSLRS are determined based on investment performance and actuarial assumptions …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-reduction-employer-contribution-rates-retirement-systemDiNapoli and Rice Halt Pension Scam
… New York State Comptroller Thomas P. DiNapoli and Nassau County District Attorney Kathleen Rice today announced the guilty plea of retired Suffolk County Police Detective Sergeant Terrance Hoffman for … by filing a complaint online at [email protected].ny.us , or by mailing a complaint to: Office of the State …
https://www.osc.ny.gov/press/releases/2014/07/dinapoli-and-rice-halt-pension-scamTransferring or Terminating Your Membership
… Tier Reinstatement Tier Reinstatement is a method of restoring a membership that has been … membership to another public retirement system in New York State. If you previously were a member of the New York State … without paying your mandatory contributions in full, your pension benefit will be permanently reduced. (Return to Top) …
https://www.osc.ny.gov/retirement/members/transferring-or-terminating-your-membershipState Agencies Bulletin No. 2017
… can be released. Background: When a passed budget is in place, OSC transmits the electronic direct deposit file on … 30, 2022, OSC is not permitted to distribute funds dated in the new fiscal year until the Legislature passes and the … Therefore, it is possible that there will be a delay in OSC’s ability to transmit the electronic file on Monday …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2017-paycheck-distribution-april-7-2022-institution-cycle-paychecksMWBE Waivers Granted
… State contract goals. Waivers may be granted to offerors and contractors who certify that every Good Faith Effort has …
https://www.osc.ny.gov/state-vendors/resources/mwbe-waivers-grantedOversight of the Title Insurance Industry
… Financial Services (DFS) adequately monitors the State’s title insurance industry (Industry). The audit scope covers the period October 3, 2011 through October … 2018 written statement to the Assembly Standing Committee on Insurance. For 2016, DFS reported $11.9 billion in net …
https://www.osc.ny.gov/state-agencies/audits/2019/03/21/oversight-title-insurance-industryState Agencies Bulletin No. 1144
… M/C Deficit Reduction Plan will commence Institution Pay Period 25L/26C and Administration Pay Period 26L/1C and will continue through Institution Pay … Addtl Sft Comp – Hourly BSA Back Salary Award EC1 Extra Serv Clin Teacher Multi EC2 Extra Serv Clin Teacher Single …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1144-2012-2013-deficit-reduction-plan-employees-designated-management-orState Agencies Bulletin No. 1143
… employees who meet ALL of the following criteria: Employee is in an eligible bargaining unit as defined above on the pay … since the system cannot determine if the hidden position is in an eligible bargaining unit. The inserted row on the … Earnings Code: D4C Effective Date: First day the employee is in an eligible bargaining unit with an Employee Status of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1143-2012-2013-deficit-reduction-plan-employees-represented-civil-serviceState Agencies Bulletin No. 1142
… the purview of the agreement between the State of New York and the Public Employees Federation. Effective Date(s) …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/1142-2012-2013-deficit-reduction-plan-employees-represented-public-employees