Main Banner

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

        
Subscribe to Main Banner

DiNapoli Takes Action to Hold Corporate America Accountable for Failing to Address Diversity, Equity and Inclusion

The New York State Common Retirement Fund (the Fund) voted against board directors at companies that failed to meet the Fund’s expectations for board diversity and filed shareholder proposals calling on companies to address investors’ concerns about diversity, equity and inclusion during the 2021 proxy season, New York State Comptroller Thomas P. DiNapoli announced today. The Fund’s ongoing efforts to hold publicly traded corporations and their top executives accountable received strong support.

DiNapoli 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 New York State and Local Retirement System (NYSLRS) for both of its systems – the Employees’ Retirement System (ERS) and Police and Fire Retirement System (PFRS). The adjusted rates will impact payments next State Fiscal Year 2022-23. In addition, DiNapoli lowered the long-term assumed rate of return on the Fund’s investments from 6.8% to 5.9%.

DiNapoli: Former Non-Profit Executive Pleads Guilty to Falsifying Business Records

State Comptroller Thomas P. DiNapoli announced that former Family Service Society (FSS) Chief Operating Officer Jennifer Thurber today pleaded guilty to manipulating the organization’s payroll system to defraud the organization of over $5,500. Thurber altered the payroll system to increase her paid time off and lower her health insurance premiums, giving herself $5,518.77 in benefits that she was not entitled to.

Statewide Local Sales Tax Collections Up More Than 21 Percent

Local government sales tax collections in July increased by 21.2% over the same month in 2020, marking the fourth consecutive month that collections exceeded 2020 results, State Comptroller Thomas P. DiNapoli announced today. Collections totaled close to $1.6 billion, up $276 million from July of last year.

DiNapoli: Problems Plague State's Rent Relief Program; Federal Funds To Help Renters at Risk

Financial relief has been slow to reach New York’s pandemic-hit renters because of poor management by the Office of Temporary and Disability Assistance (OTDA) in implementing the state’s Emergency Rental Assistance Program (ERAP), according to a new report released today by New York State Comptroller Thomas P. DiNapoli.