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Independent Review Finds State Pension Fund Operates Under Highest Ethical and Professional Standards
… the difficult circumstances imposed by the pandemic. Amid very turbulent times for the markets, we will look to act on … office in 2008. This is the fourth review completed since then. Report The Fiduciary and Conflict of Interest Review of …
https://www.osc.ny.gov/press/releases/2022/04/independent-review-finds-state-pension-fund-operates-under-highest-ethical-and-professional-standardsNY State Comptroller Announces Appointment of Emerging Managers Director
… New York State Comptroller Thomas P. DiNapoli today announced the … and manager selection. This year’s conference will be held on Friday, Feb. 16, 2024, in Albany. Prior to becoming the … State Common Retirement Fund is one of the largest public pension funds in the United States with assets of …
https://www.osc.ny.gov/press/releases/2024/02/ny-state-comptroller-announces-appointment-emerging-managers-directorElmwood Village Charter School – Building Acquisition (2017M-237)
… for real estate transactions to ensure the School’s best interest. … Elmwood Village Charter School Building …
https://www.osc.ny.gov/local-government/audits/charter-school/2018/02/16/elmwood-village-charter-school-building-acquisition-2017m-237Unified Court System Bulletin No. UCS-168
… and/or changes in a bi-weekly file. Agency update access is not available for this deduction. Agency Actions Notify …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/unified-court-system/ucs-168-new-deduction-code-546-axa-equitable-life-0Viewing Your GASB Report – Governmental Accounting Standards Board
… you need to comply with Statement No. 68 . Sign in to Retirement Online. From Account Homepage, click Access … Billing Dashboard button. After choosing location code and retirement system (ERS or PFRS), click Governmental … Select the year you wish to view (reports dating back to State Fiscal Year 2015 are available). Your report can be …
https://www.osc.ny.gov/retirement/employers/gasb/viewing-your-gasb-reportKortright Rural Fire District – Financial Activities (2022M-51)
… to help ensure purchases are cost effective and in the best interest of taxpayers. District officials agreed with …
https://www.osc.ny.gov/local-government/audits/fire-district/2022/06/24/kortright-rural-fire-district-financial-activities-2022m-51Town of Wright – Financial Operations (2014M-277)
… taxes. The Board did not ensure that purchases were at the best price and that all disbursements were for proper Town …
https://www.osc.ny.gov/local-government/audits/town/2015/04/10/town-wright-financial-operations-2014m-277Westchester Library System – Procurement (2015M-199)
… public library system which was chartered by the New York State Board of Regents in 1959. The Library System, which is … System’s purchasing policy does not address New York State General Municipal Law bidding or best value …
https://www.osc.ny.gov/local-government/audits/library/2015/10/02/westchester-library-system-procurement-2015m-199Preferred Source Contracting
… entities are awarding contracts in a manner that best meets the purpose of the Preferred Source Program (Program) and is in the best interest of the State. This audit covered the period … that NYSID is awarding contracts in a manner that best meets the purpose of the Program, that member agencies …
https://www.osc.ny.gov/state-agencies/audits/2016/06/28/preferred-source-contractingOpinion 98-20
… upon becoming a member of a fire company of a fire district fire department. A board of fire commissioners, … to be performed and is in the best interest of the fire district. You ask whether a volunteer firefighter, … of General Municipal Law, §209. In the case of a fire district, the board of fire commissioners would have the …
https://www.osc.ny.gov/legal-opinions/opinion-98-20Opinion 94-12
… ensure that the construction and operation of the building by the lessee will not interfere with the performance of the …
https://www.osc.ny.gov/legal-opinions/opinion-94-12DiNapoli: New York State Pension Fund Helping Build a Lower Carbon Future
… New York State Comptroller Thomas P. DiNapoli today announced … greenhouse gas (GHG) emissions and helping safeguard the New York Common Retirement Fund’s (Fund) long-term …
https://www.osc.ny.gov/press/releases/2016/08/dinapoli-new-york-state-pension-fund-helping-build-lower-carbon-futureDiNapoli: Investment in Rochester Company Returns $6.7 Million to State Pension Fund
… 5LINX, a telecommunications company located in Rochester, has generated an estimated $6.7 million return, … pension fund is investing in New York’s future.” Trillium Group, a fund manager for the In-State Private Equity …
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
… Retirement Fund is one of the largest public pension funds in the United States, with assets of $272.1 billion as … economy New York State Comptroller Thomas P DiNapoli the Funds trustee announced today …
https://www.osc.ny.gov/press/releases/2022/08/nys-pension-fund-launches-review-integrated-oil-gas-companiesDiNapoli: Molson Coors Agrees to Disclose Political Spending
… Thomas P. DiNapoli, trustee of the Fund, announced today. In response to the agreement, the Fund withdrew its … company. “For too long, investors have been left in the dark on the extent of the reach of corporate dollars in politics,” DiNapoli said. “This new level of transparency …
https://www.osc.ny.gov/press/releases/2021/03/dinapoli-molson-coors-agrees-disclose-political-spendingDiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… for State Fiscal Year (SFY) 2025-26. Employers’ average contribution rates will increase from 15.2% to 16.5% of … salaries, recent legislative changes (including reforms to tier 6) and member retirement rates. In 2012, DiNapoli began …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26State Comptroller DiNapoli Releases Municipal Audits
… goods and services or made purchases that were not in the best interest of taxpayers. For example, of the 195 water … and air-conditioned enclosure purchases were not in the best interest of taxpayers and resulted in $32,000 of …
https://www.osc.ny.gov/press/releases/2025/03/state-comptroller-dinapoli-releases-municipal-auditsState Comptroller Thomas P. DiNapoli Statement on IDA Reform Legislaton (S.5867/A.7915)
… now signed into law. “These measures build upon many of the best practices employed by some IDAs around the state … can recoup benefits if job creation goals are not met. “My thanks to Assemblyman Magnarelli and Senator Marchione for … efficiency and transparency of the operations of our IDAs. I also want to recognize the New York Economic Development …
https://www.osc.ny.gov/press/releases/2015/12/state-comptroller-thomas-p-dinapoli-statement-ida-reform-legislaton-s5867a7915Town of McDonough – Financial Operations (2017M-120)
… of our audit was to review the Town’s financial operations for the period January 1, 2016 through March 23, 2017. … an elected five-member Town Board. Budgeted appropriations for the general and highway funds for 2017 total $678,550. Key Findings Town officials …
https://www.osc.ny.gov/local-government/audits/town/2017/09/15/town-mcdonough-financial-operations-2017m-120Town of Hempstead Local Development Corporation – Fund Balance (2021M-61)
… (THLDC) Board of Directors (Board) effectively managed fund balance. Key Findings The Board did not effectively manage fund balance. The Board did not develop or adopt a fund … to accumulate and sit idle without a specific purpose to benefit the Town is not in the public’s best interest. Key …
https://www.osc.ny.gov/local-government/audits/local-development-corporation/2021/07/02/town-hempstead-local-development-corporation-fund-balance