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DiNapoli Orders Divestment of Russia Holdings

New York State Comptroller Thomas P. DiNapoli, sole trustee of the New York State Common Retirement Fund (Fund), today announced that he has directed divestment from Russian companies and continued his prohibition of any further investments in them.

2022 Women’s History Month Celebration

In honor of Women’s History Month, State Comptroller Thomas P. DiNapoli pays tribute to one of New York’s great leaders: the Honorable Andrea Stewart-Cousins, Majority Leader of the New York State Senate. As the first woman—and African American woman—to lead a New York State legislative conference, Majority Leader Stewart-Cousins embodies this year’s Women’s History Month theme, “Women Providing Healing, Promoting Hope.”

Despite Progress, Pay Gap for Women Persists, March 2022

Median earnings for full-time working women in New York were 86 cents for every dollar earned by men in 2019, an annual wage gap of $8,821, as reported by the U.S. Census Bureau. While New York women earn more dollars relative to men than in most other states, women's median earnings continue to lag across occupational groups and other categories.

DiNapoli: Despite Progress, Pay Gap for Women Persists

Median earnings for full-time working women in New York were 86 cents for every dollar earned by men in 2019, an annual wage gap of $8,821, according to a new analysis by New York State Comptroller Thomas P. DiNapoli. The analysis, based on the most recent state-level data available, finds the gap in New York was smaller than the national wage gap of $10,150, with women earning 81 cents for every dollar paid to men on average.

2021 Wall Street Bonuses, March 2022

The average bonus paid to employees in New York City’s securities industry for 2021 grew to $257,500, a 20% jump over the previous year’s record high. The estimated bonuses paid out on Wall Street are higher than the city’s most recent 15.7% growth projection, and should help the city exceed its expected revenue from income taxes.

Review of the Financial Plan of the City of New York, March 2022

The February Plan benefits from New York City’s continued economic resilience in 2021 and includes more proactive planning to fund budget risks and generate savings. The City is expecting to generate a surplus of $3.7 billion in fiscal year 2022 due to federal aid, better-than-projected tax revenues, and planned savings. The surplus could reach at least $4.5 billion if revenue and spending remain on their current tracks.

NYS Comptroller DiNapoli: Wall Street’s 2021 Bonuses Set a New Record

The average bonus paid to employees in New York City’s securities industry for 2021 grew to $257,500, a 20% jump over the previous year’s record high, according to annual estimates released today by New York State Comptroller Thomas P. DiNapoli. The estimated bonuses paid out on Wall Street are higher than the city’s most recent 15.7% growth projection, and should help the city exceed its expected revenue from income taxes.