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NYS Comptroller DiNapoli Continues to Hold Corporate America Accountable for Poor Climate Policies
… Comptroller Thomas P. DiNapoli today announced results of the New York State Common Retirement Fund’s latest … environmental policies and practices and take steps to address climate risk. “Climate change is a significant threat to our pension fund’s …
https://www.osc.ny.gov/press/releases/2019/09/nys-comptroller-dinapoli-continues-hold-corporate-america-accountable-poor-climate-policiesDiNapoli Announces More Climate Actions; NYS Pension Fund Launches Evaluation of Shale Oil and Gas Companies
… Fund (Fund) is evaluating 42 publicly traded shale oil and gas companies to determine if they are prepared for the … pay a heavy financial cost,” DiNapoli said. “Shale oil and gas companies face significant economic, environmental and … the Fund’s investment portfolio to net zero greenhouse gas emissions by 2040 . Review of Shale Oil and Gas Companies …
https://www.osc.ny.gov/press/releases/2021/08/dinapoli-announces-more-climate-actions-nys-pension-fund-launches-evaluation-shale-oil-and-gasCost-Saving Ideas: Legal Requirements
… Cash Management for Local Governments General Municipal Law (GML) Section 10 requires the designation of one or more "banks" or "trust companies" for deposit of public funds and for the … establishment of, and expenditures from, a capital reserve fund for cities, counties, towns, villages, and sewer and …
https://www.osc.ny.gov/local-government/publications/cost-saving-ideas-legal-requirementsDiNapoli Announces Interim CIO for the New York State Common Retirement Fund
… Chief Investment Officer of the New York State Common Retirement Fund. The Fund’s current CIO Vicki Fuller is … beneficiaries." "My gratitude goes to Comptroller DiNapoli for his trust and support. We have worked diligently to grow …
https://www.osc.ny.gov/press/releases/2018/07/dinapoli-announces-interim-cio-new-york-state-common-retirement-fundDiNapoli: No Good Options for MTA to Manage Hole in Capital Funding
… As the Metropolitan Transportation Authority (MTA) adjusts to the loss of $15 billion in congestion pricing revenue and decides which capital projects to cancel or delay, it must prioritize keeping the system in a state of good repair and it must be transparent about how the choices it makes will impact riders, according to a …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-no-good-options-mta-manage-hole-capital-fundingNY State Comptroller DiNapoli Announces Responsible Workforce Management Policy for Private Equity Investments
… announced the Fund’s adoption of its Responsible Workforce Management Policy and Principles (Policy). As part of the … of new investments within its $38 billion private equity asset class, the new Policy will require an evaluation of … which in turn can provide a competitive advantage for companies and their investors.” The private equity …
https://www.osc.ny.gov/press/releases/2024/04/ny-state-comptroller-dinapoli-announces-responsible-workforce-management-policy-private-equityNY State Comptroller Thomas P. DiNapoli Statement on the SEC's Adoption of Climate Change Disclosure Rule
… released the following statement on the Securities and Exchange Commission’s (SEC) adoption of the Climate … Change Disclosure Rule: “This is a significant victory for investors who are committed to mitigating the real investment risks associated with climate change. …
https://www.osc.ny.gov/press/releases/2024/03/ny-state-comptroller-thomas-p-dinapoli-statement-secs-adoption-climate-change-disclosure-ruleDiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program
… The New York State Common Retirement Fund (Fund) has committed $20 million … has generated solid investment returns for the state pension fund and has supported thousands of local jobs. Our … solid returns for the Fund, returning $863 million on $583 million invested in 139 transactions. In addition, …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-programNYSLRS Announces Employer Contribution Rates for 2024-25
… state’s pension fund remains one of the strongest pension funds in the nation, and the rates announced today will help … systems. A high funding ratio means NYSLRS has the funds available to pay out retirement benefits to its more … DiNapoli has been a leader in the trend of public pension funds lowering their assumed rates of return to better enable …
https://www.osc.ny.gov/press/releases/2023/08/nyslrs-announces-employer-contribution-rates-2024-25State Comptroller DiNapoli Releases School District Audits
… officials did not develop and manage a comprehensive investment program or comply with the district’s investment policy. Had officials invested available funds in …
https://www.osc.ny.gov/press/releases/2020/11/state-comptroller-dinapoli-releases-school-district-audits-1DiNapoli Releases Recommendations From Decarbonization Advisory Panel
… impacts of climate change on the New York State Common Retirement Fund (Fund) and recommends ways for the Fund to build on its climate change work to protect and add value for the public workers that rely on it for retirement. The …
https://www.osc.ny.gov/press/releases/2019/04/dinapoli-releases-recommendations-decarbonization-advisory-panelOpinion 88-76
… among other things, there have been subsequent court cases or statutory amendments that bear on the issues discussed in … collected annually with general taxes of the municipality or school district which established the library. Such … part, as follows: "1. * * * All moneys received from taxes or other public sources shall be kept as a separate library …
https://www.osc.ny.gov/legal-opinions/opinion-88-76Colesville Fire District #1 – Internal Controls Over Financial Operations (2013M-276)
… Purpose of Audit The purpose of our audit was to examine internal controls over financial operations for the period January 1, 2011 to August 6, 2013. Background The District is a district … the Board minutes consistently indicate their approvals to pay these claims. However, the Board does not see check …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/12/20/colesville-fire-district-1-internal-controls-over-financial-operationsTown of Leicester – Budgeting and Financial Oversight (2015M-158)
… Purpose of Audit The purpose of our audit was to examine the Town’s budgeting and financial oversight practices for …
https://www.osc.ny.gov/local-government/audits/town/2015/11/13/town-leicester-budgeting-and-financial-oversight-2015m-158DiNapoli Urges Parents to Open a College Savings Account for Their Children
… Comptroller Thomas P. DiNapoli said today in recognition of 529 College Savings Day. The investment program, overseen … "I encourage parents and loved ones to take advantage of this opportunity and open an account today. Saving for … two plans, the Direct Plan and the Advisor Plan, both of which are offered to individuals across the country. …
https://www.osc.ny.gov/press/releases/2014/05/dinapoli-urges-parents-open-college-savings-account-their-childrenAssociate Counsel Pension Investment Unit (2 Vacancies)
The Office of the State Comptroller has two Associate Counsel Vacancies. Both Associate Counsel positions will work closely with investment staff on the negotia
https://www.osc.ny.gov/files/employment/pdf/associate-counsel-05-2018.pdfGreen Strategic Investment Program - Fact Sheet
The Program commits $500 million over three years to environmentally-focused investment strategies that produce attractive, risk-adjusted returns.
https://www.osc.ny.gov/files/about/pdf/green-strategic-investment-program.pdfState Comptroller DiNapoli Releases Municipal & School Audits
… New York State Comptroller Thomas P. DiNapoli today announced … bookkeepers, who performed all financial duties, including online banking. The board did not adopt written policies and … and reviewing bank statements and canceled check images. … New York State Comptroller Thomas P DiNapoli today announced …
https://www.osc.ny.gov/press/releases/2023/06/state-comptroller-dinapoli-releases-municipal-school-auditsState Comptroller DiNapoli Releases Municipal & School Audits
… today announced the following local government and school audits were issued. City of Salamanca – Collections … lost, misused or misappropriated. Piseco Common School District – Authorized Investments (Hamilton County) District …
https://www.osc.ny.gov/press/releases/2024/03/state-comptroller-dinapoli-releases-municipal-school-audits-1NY State Common Retirement Fund Selects New Deputy Chief Investment Officer
… New York State Comptroller Thomas P. DiNapoli today announced the … of assets classes is invaluable as we continue to build on the gains we have made in recent years and look for … State Common Retirement Fund is the third largest public pension fund in the United States. The Fund holds and invests …
https://www.osc.ny.gov/press/releases/2015/02/ny-state-common-retirement-fund-selects-new-deputy-chief-investment-officer