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DiNapoli: State Pension Fund Calls on Corporations to Address Environmental and Climate Risks
… Common Retirement Fund (Fund), companies are taking action to address investment risks posed by climate change and … and opportunities for investors, but corporate America has to step up, adapt and address the challenges they’re facing,” DiNapoli said. “As the state pension fund’s trustee, it’s my responsibility to protect and strengthen our …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-pension-fund-calls-corporations-address-environmental-and-climate-risksNational Investors Call for Workplace Disability Inclusion
… Tobias Read, today called on companies they invest in to create inclusive workplaces that can benefit from … who remain underrepresented in the workforce. Signatories to the joint statement included New York City Comptroller … diversity and innovation,” said Comptroller DiNapoli, Trustee of the New York State Common Retirement Fund . “We …
https://www.osc.ny.gov/press/releases/2019/05/national-investors-call-workplace-disability-inclusionDiNapoli Moves State Pension Fund Toward Net Zero Target, Restricts Investments in Oil Sands Companies
… The New York State Common Retirement Fund (Fund) will restrict investments in oil sands … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million state and local government employees and retirees and their beneficiaries. It has …
https://www.osc.ny.gov/press/releases/2021/04/dinapoli-moves-state-pension-fund-toward-net-zero-target-restricts-investments-oil-sands-companiesDiNapoli Presses Companies on Political Disclosure
… New York State Comptroller Thomas P. DiNapoli, Trustee of the New York State Common Retirement Fund (Fund), … reached an agreement with Hilton Worldwide Holdings Inc. to fully disclose its political spending and has filed …
https://www.osc.ny.gov/press/releases/2019/02/dinapoli-presses-companies-political-disclosureOpinion 88-15
… 1988 John F. Forner, III, Esq., Attorney for Menands Union Free School District … Whether there would be a conflict of …
https://www.osc.ny.gov/legal-opinions/opinion-88-15Debt – 2022 Financial Condition Report
… creates fixed costs that directly affect its ability to provide current services, as well as its long-term fiscal … High borrowing levels may: Indicate reduced ability to support current programs with current revenues. Force … directly or indirectly, to a public authority, bank trustee or other municipal issuer. More than 97 percent of …
https://www.osc.ny.gov/reports/finance/2022-fcr/debtDiNapoli Announces Unprecedented Support for Climate Actions During 2021 Proxy Season
… 2021 proxy season, State Comptroller Thomas P. DiNapoli, trustee of the Fund, announced today. This was the first … reality with more and more companies recognizing the need to adapt their businesses and address the financial risks … the 2021 proxy season State Comptroller Thomas P DiNapoli trustee of the Fund announced today …
https://www.osc.ny.gov/press/releases/2021/07/dinapoli-announces-unprecedented-support-climate-actions-during-2021-proxy-seasonDebt – 2021 Financial Condition Report
… creates fixed costs that directly affect its ability to provide current services, as well as its long-term fiscal … health. High borrowing levels may: Indicate an inability to support current programs with current revenues. Force … directly or indirectly, to a public authority, bank trustee or other municipal issuer. Nearly 97 percent of …
https://www.osc.ny.gov/reports/finance/2021-fcr/debtState Comptroller DiNapoli Details Progress on Corporate Political Spending Disclosure
… the 2024 proxy season, three portfolio companies agreed to publicly disclose their political spending while proposals … from shareholders, State Comptroller Thomas P. DiNapoli, trustee of the New York State Common Retirement Fund (Fund), … into whether companies are using corporate funds to influence the political process in a way which can …
https://www.osc.ny.gov/press/releases/2024/08/state-comptroller-dinapoli-details-progress-corporate-political-spending-disclosureDiNapoli: NY Pension Fund Reaches Climate Agreements With Five Portfolio Companies
… including climate transition plans, and comprehensive disclosure of such plans, climate risks, risk management, … the following shareholder proposals: Southern Co., seeking disclosure of short- medium- and long-term operational GHG … makes investments in affordable and workforce housing, renewable energy, infrastructure, and municipal …
https://www.osc.ny.gov/press/releases/2024/08/dinapoli-ny-pension-fund-reaches-climate-agreements-five-portfolio-companiesComptroller DiNapoli and A.G. Schneiderman Announce Arrest of Florida Man for Theft of Over $180,000 in NYS Pension Benefits
… in Albany County Court. Schusteritsch is alleged to have stolen over $180,000 in pension benefits issued by … the New York State and Local Employees Retirement System to his deceased brother, Martin Petschauer, between July 2008 … for the benefit of Petschauer; Schusteritsch was the sole trustee for his brother and had exclusive access to the bank …
https://www.osc.ny.gov/press/releases/2016/09/comptroller-dinapoli-and-ag-schneiderman-announce-arrest-florida-man-theft-over-180000-nys-pensionOpinion 98-17
… §30: A town board, by local law or resolution, may agree to confer the benefits of section 18 upon the employees of the housing authority and to be held liable for the costs incurred under section 18. … any commissioner, member of a public board or commission, trustee, director, officer, employee, certain volunteers or …
https://www.osc.ny.gov/legal-opinions/opinion-98-17Comptroller DiNapoli and A.G. Schneiderman Announce Conviction and Sentencing of Florida Man For Theft of Over $180,000 in NYS Pension Benefits
… the New York State and Local Employees Retirement System to his deceased brother, Martin Petschauer, between July 2008 … said State Comptroller DiNapoli. "My office will continue to thwart pension thieves and protect our New York State & … for the benefit of Petschauer; Schusteritsch was the sole trustee for his brother and had exclusive access to the bank …
https://www.osc.ny.gov/press/releases/2016/12/comptroller-dinapoli-and-ag-schneiderman-announce-conviction-and-sentencing-florida-man-theft-overU.S. Environmental Protection Agency
I write as Trustee of the New York State Common Retirement Fund (CRF, or Fund), one of the largest public pension plans in the United States, valued at $248.5 billion as of March 31, 2023.
https://www.osc.ny.gov/files/press/pdf/u.s.-environmental-protection-agency-regan.pdfOpinion 90-44
… in notice of budget hearing as excluding fringe benefits) PUBLIC OFFICERS AND EMPLOYEES -- Compensation (salary … board of trustees which must be published in the notice of public hearing on the tentative budget refers only to the … tentative budget must include "[a] schedule of wages and salaries to be paid", and must show "for each office or …
https://www.osc.ny.gov/legal-opinions/opinion-90-44Investors Reach Settlement with Wynn Resorts
… DiNapoli and the New York City Retirement Systems and Pension Funds, as co-lead plaintiffs, through their counsel … As of Oct. 31, 2019, New York State Common Retirement Fund held shares in Wynn Resorts with an estimated value of … holds and invests the assets of the New York State and Local Retirement System on behalf of more than one million …
https://www.osc.ny.gov/press/releases/2019/11/investors-reach-settlement-wynn-resortsDiNapoli: NYC’s Tech Boom Partially Offset City's Pandemic Job Losses
… City Track state and local government spending at Open Book New York . Under State Comptroller DiNapoli’s open data …
https://www.osc.ny.gov/press/releases/2022/10/dinapoli-nycs-tech-boom-partially-offset-citys-pandemic-job-lossesDiNapoli Announces New $7 Million Investment in Northern Ireland
… in 2013 by Invest Northern Ireland and Bank of Ireland to assist Northern Ireland based SMEs to accelerate growth. “We’re pleased to announce another … Fund New York State Comptroller Thomas P. DiNapoli is trustee of the New York State Common Retirement Fund, the …
https://www.osc.ny.gov/press/releases/2016/03/dinapoli-announces-new-7-million-investment-northern-irelandWhat is a Defined Benefit Plan?
… the biggest contributor to your pension plan is the New York State Common Retirement Fund . Over the past 20 … stream of retirement income for many retirees across New York State and the nation. (Return to Top) Defined …
https://www.osc.ny.gov/retirement/members/defined-benefit-planDiNapoli: Independent Review Finds State Pension Fund Strong, but Warns of Risks Posed by Limited Staffing
… future consequences. “Since taking office, I have sought to establish our state’s pension fund as a leader in transparency, ethics and effectiveness. It’s gratifying to have an independent voice affirm our efforts,” DiNapoli … DiNapoli met all of his fiduciary duties as the Fund’s trustee: “The Comptroller consistently acts in the sole …
https://www.osc.ny.gov/press/releases/2016/07/dinapoli-independent-review-finds-state-pension-fund-strong-warns-risks-posed-limited-staffing