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DiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… million return, nearly four times the initial investment, and achieved an approximated 21 percent internal rate of … Equity Program delivers positive results for the Fund and for our local communities,” said DiNapoli. “The program … has successfully helped more than 250 companies remain and expand in the state and has supported nearly 4,000 jobs. …
https://www.osc.ny.gov/press/releases/2014/02/dinapoli-investment-rochester-company-returns-67-million-state-pension-fundNYS Pension Fund Launches Review of Integrated Oil & Gas Companies
… (Fund) is evaluating 28 publicly traded integrated oil and gas companies to determine if they are prepared for the … to transition to the emerging net zero economy. “Oil and gas companies face significant and complex economic, … do not have viable plans to adapt.” Integrated oil and gas companies – including ExxonMobil, Chevron, Shell, BP and …
https://www.osc.ny.gov/press/releases/2022/08/nys-pension-fund-launches-review-integrated-oil-gas-companiesGenesee County Industrial Development Agency – Project Approval and Monitoring (2014M-66)
… County Industrial Development Agency’s (GCIDA) process for evaluating, approving and monitoring projects for the period January 1, 2012 through January 27, 2014. Background GCIDA is the sole IDA for Genesee County. The GCIDA Board consists of seven …
https://www.osc.ny.gov/local-government/audits/industrial-development-agency/2014/05/14/genesee-county-industrial-development-agency-projectState Comptroller DiNapoli Releases School District Audits
… District – Cash Management (Fulton County, Saratoga County and Montgomery County) District officials did not develop and manage a comprehensive investment program. As a result, … from 13 vendors who were paid $73,032. Find out how your government money is spent at Open Book New York . Track …
https://www.osc.ny.gov/press/releases/2020/10/state-comptroller-dinapoli-releases-school-district-audits-0DiNapoli: State Pension Fund Investments Return 11.55% for State Fiscal Year 2023-24
… 31, 2024. The Fund closed the year with an estimated value of $267.7 billion. “Strong performances across asset classes … paid out during the fiscal year. Employer contribution rates are determined by investment results over a multi-year … along with numerous other actuarial assumptions, including wage growth, inflation, age of retirement, and mortality. …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-state-pension-fund-investments-return-1155-state-fiscal-year-2023-24NYS Comptroller DiNapoli Prohibits New Russian Investments and Directs Investment Review
… will deteriorate. This will ensure that the Fund does not increase its minimal exposure to the Russian economy … tyrannical foreign policy, leading to sanctions that have significantly hobbled Russia’s already weak economic … is one of the largest public pension funds in the United States. The Fund holds and invests the assets of the New York …
https://www.osc.ny.gov/press/releases/2022/03/nys-comptroller-dinapoli-prohibits-new-russian-investments-and-directs-investment-reviewPlanning
… when you retire. For example, a Tier 4 member retiring at age 62 with 25 years of service will receive a maximum … of Social Security and retirement benefit totals only 70 percent of pre-retirement income. Will this be enough for …
https://www.osc.ny.gov/retirement/members/planningPultneyville Fire District – Internal Controls Over Financial Operations (2015M-80)
… Purpose of Audit The purpose of our audit was to determine whether the Board provided adequate oversight of … did not complete, or contract with an independent account to complete, an annual audit of the District’s financial …
https://www.osc.ny.gov/local-government/audits/fire-district/2015/06/26/pultneyville-fire-district-internal-controls-over-financial-operationsCincinnatus Fire District – Financial Controls (2014M-49)
… totals $233,379. Key Findings The Board did not adopt an investment policy or credit card use policy. The Treasurer … audits timely or at all. Key Recommendations Adopt an investment policy and a credit card use policy. Ensure that …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/04/25/cincinnatus-fire-district-financial-controls-2014m-49Pocatello Fire District – Board Oversight and Treasurer’s Records and Reports (2016M-301)
… Purpose of Audit The purpose of our audit was to examine the internal controls over the District’s … books and records. Maintain accurate, complete and up-to-date accounting records. … Pocatello Fire District Board …
https://www.osc.ny.gov/local-government/audits/fire-district/2017/01/13/pocatello-fire-district-board-oversight-and-treasurers-records-and-reportsTown of Saranac - Cash Management (2019M-32)
… fees were minimized. Had the Supervisor invested available funds in a financial institution with higher available … monthly cash flow forecasts that estimate available funds for investment. Ensure available funds are invested in a manner, within legal limits, to …
https://www.osc.ny.gov/local-government/audits/town/2019/09/13/town-saranac-cash-management-2019m-32LGAC - Annual Investment Report – 2022
LGAC Investment Report for fiscal year ended March 31, 2022
https://www.osc.ny.gov/files/debt/pdf/lgac-investment-2022.pdfLGAC - Annual Investment Report – 2021
LGAC Investment Report for fiscal year ended March 31, 2021
https://www.osc.ny.gov/files/debt/pdf/lgac-investment-2021.pdfLGAC - Annual Investment Report - 2018
New York Local Government Assistance Corporation annual investment report for the fiscal year ended March 31, 2018
https://www.osc.ny.gov/files/debt/pdf/lgac-investment-2018.pdfLGAC - Annual Investment Report - 2019
New York Local Government Assistance Corporation annual investment report for the fiscal year ended March 31, 2019.
https://www.osc.ny.gov/files/debt/pdf/lgac-investment-2019.pdfLGAC - Annual Investment Report – 2020
LGAC Investment Report for fiscal year ended March 31, 2020
https://www.osc.ny.gov/files/debt/pdf/lgac-investment-2020.pdfDiNapoli Presses Worst Greenhouse Gas Emitters to Meet Paris Climate Agreement Goals
… New York State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), today … held by the Fund, urging them to reduce emissions and address risks arising from climate change. "Climate risk is one of the greatest threats to the …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-presses-worst-greenhouse-gas-emitters-meet-paris-climate-agreement-goalsNYS Pension Fund Commits $2 Billion to Climate Transition Index
… on the opportunities arising from the transition to a low-carbon economy, State Comptroller Thomas P. DiNapoli, trustee of the fund, announced today. This is part of the Comptroller's Climate Action Plan announced in 2019 and his goal for the Fund of net-zero greenhouse gas emissions by 2040. …
https://www.osc.ny.gov/press/releases/2021/12/nys-pension-fund-commits-2-billion-climate-transition-indexGlobal Investor Coalition Calls on Exxon to Prepare for a Lower Carbon Future
… want to know that Exxon is doing what is needed to prepare for a future with lower carbon emissions. The future success … portfolio of public and private equities, fixed income, real estate and alternative instruments. About the Church of …
https://www.osc.ny.gov/press/releases/2016/01/global-investor-coalition-calls-exxon-prepare-lower-carbon-futureInvestors: Exxon Needs to Step Up on Climate Change
… to agree to their request that the company address how it will be affected by worldwide efforts to adopt the … goals of the Paris Agreement, it has refused to address how the Paris commitment will affect its bottom line." "I am … majors." The shareholder proposal asks Exxon to analyze how the Paris Agreement’s goal of restricting global …
https://www.osc.ny.gov/press/releases/2017/05/investors-exxon-needs-step-climate-change