New York State

Comptroller DiNapoli Statement on Elon Musk's Trillion Dollar Pay Proposal & Tesla Board Members

New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund, released the following statement today announcing that the Fund will vote against Elon Musk’s proposed 2025 pay package and all directors standing for reelection at Tesla Inc.’s Nov. 6, 2025, Annual Meeting.

DiNapoli Announces Latest Fiscal Stress Scores

A total of 23 local governments in New York state were designated in fiscal stress for local fiscal years ending (FYE) in 2024, up from 14 a year ago, with increases in each category of stress, according to a report released today by State Comptroller Thomas P. DiNapoli. These designations were based on the State Comptroller’s Fiscal Stress Monitoring System (FSMS) scores.

DiNapoli: Florida Man Sentenced to Pay Full Restitution for His Theft of Nearly $80,000 in His Deceased Father's NYS Pension Payments

New York State Comptroller Thomas P. DiNapoli and Nassau County District Attorney Anne T. Donnelly announced the son of a state pensioner from Long Island was sentenced to five years’ probation and ordered to pay full restitution after being convicted of identity theft in connection with his theft of $79,943 in pension payments sent to his deceased father. The defendant, Richard Gaines Jr., 55, of Daytona Beach, Florida pleaded guilty to identity theft in the first degree in May.

Tax Provisions Under The Federal Reconciliation Bill

This reports analyzes the federal tax provisions enacted under Public Law No: 119-21 and how they may impact New Yorkers. While the bill made permanent many tax changes included in the 2017 Tax Cuts and Jobs Act, it includes new tax breaks for seniors and the working class that are largely temporary. These minimal tax benefits, along with the significant cuts in safety net spending included in the legislation, will put a larger burden on New Yorkers trying to make ends meet.

DiNapoli: Recently Enacted Federal Tax Provisions Disproportionately Benefit Those With Higher Incomes

A new report by State Comptroller Thomas P. DiNapoli analyzed the federal tax provisions enacted under Public Law No: 119-21 at the beginning of July and how they may impact New Yorkers. While the bill made permanent many tax changes included in the 2017 Tax Cuts and Jobs Act (TCJA), it includes new tax breaks for seniors and the working class that are largely temporary, according to DiNapoli’s report.

NYSLRS Announces Employer Contribution Rates for SFY 2026-27

State Comptroller Thomas P. DiNapoli today announced employer contribution rates for the New York State and Local Retirement System (NYSLRS) for State Fiscal Year (SFY) 2026-27. Employers’ average contribution rates will increase from 16.5% to 17.6% of payroll for the Employees’ Retirement System (ERS) and from 33.7% to 36.5% of payroll for the Police and Fire Retirement System (PFRS).