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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

DiNapoli: Employer Contribution Rates Stable for State Fiscal Year 2019-2020

Employer contribution rates for the state's pension system in State Fiscal Year 2019-20 will be in line with the previous year, with the Employees' Retirement System (ERS) getting a slight decrease and the Police and Fire Retirement System's (PFRS) rate unchanged, New York State Comptroller Thomas P. DiNapoli announced today. DiNapoli also reported the New York State Common Retirement Fund (Fund) grew stronger and ended the last fiscal year with a funded status of 98 percent, according to actuarial calculations.

DiNapoli Statement on His Placement Agent Ban Becoming Law

New York State Comptroller Thomas P. DiNapoli today issued the following statement after Gov. Cuomo signed DiNapoli's legislation to prohibit the use of placement agents or intermediaries by the New York State Common Retirement Fund (Fund). This bill (A.3137/S.4761) codifies into law reforms pushed by DiNapoli since 2011.

Westchester Attorney Indicted for Fraud and False Statement Charges Arising From His Attempt to Embezzle From a Decedent's Estate for Which He Was Court-Appointed Administrator

New York State Comptroller Thomas P. DiNapoli, Geoffrey S. Berman, the United States Attorney for the Southern District of New York and Philip R. Bartlett, Inspector-in-Charge of the New York Office of the U.S. Postal Inspection Service ("USPIS") announced that a federal grand jury in White Plains, New York, returned an Indictment yesterday charging GUY PARISI, a Westchester attorney, with conspiracy, mail fraud and false statements.

DiNapoli: Facilities Using Radioactive Materials or Radiation Equipment in New York City Were Not Always Properly Inspected or Licensed

The New York City Department of Health and Mental Hygiene (DoHMH) did not always inspect facilities using radioactive materials or radiation equipment or check to ensure that they were licensed or registered, according to an audit released today by New York State Comptroller Thomas P. DiNapoli. The audit also found that the agency did not always follow up on violations to confirm they were corrected.

NYS Common Retirement Fund Announces First Quarter Results

The New York State Common Retirement Fund's (Fund) overall estimated value in the first quarter of the State Fiscal Year 2018-2019 was $209.2 billion, based on a 1.53 percent investment return over the three-month period ending June 30, 2018, according to New York State Comptroller Thomas P. DiNapoli.

DiNapoli Recommends Ways For LIRR To Get Back On Track

The Long Island Rail Road's (LIRR) limited plans for handling unexpected incidents and poor communications to riders, exacerbated the impact of train delays and cancelations this past winter, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.