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DiNapoli: NYSLRS Announces Employer Contribution Rates for 2025-26
… earned.” Employer rates for NYSLRS are determined based on investment performance and actuarial assumptions recommended … Committee and approved by DiNapoli. In addition to investment performance, other factors that impacted rates … enable New York to weather volatile markets. The median investment return assumption for public pension funds was 7% …
https://www.osc.ny.gov/press/releases/2024/09/dinapoli-nyslrs-announces-employer-contribution-rates-2025-26Sylvan Beach Fire District – Internal Controls Over Financial Operations (2013M-76)
… The Board has not adopted a code of ethics or an investment policy. The Board did not properly audit claims … in monitoring the District’s financial condition. Adopt an investment and code of ethics, as required by statute. …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/06/07/sylvan-beach-fire-district-internal-controls-over-financial-operationsSwan Lake Fire District – Internal Controls Over Financial Operations (2013M-258)
… to support this. The Board has not adopted an investment policy, as required by statute. The … requirements prior to approving the contracts. Adopt an investment policy. Provide the Board with budget status …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/29/swan-lake-fire-district-internal-controls-over-financial-operations-2013mClaryville Fire District – Internal Controls Over Financial Operations (2013M-167)
… has adopted a code of ethics, but it has not adopted an investment policy or a procurement policy. The Board also has … for proper District purposes. Key Recommendations Adopt an investment and procurement policy. Ensure that formal written …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/08/30/claryville-fire-district-internal-controls-over-financial-operations-2013mInvestment Standard for NYS College Choice and NY ABLE Programs
… Experience savings account program (NY ABLE) in line with investment standards of other states' programs throughout the … bring the NY 529 and NY ABLE savings programs in line with investment standards of other states programs throughout the …
https://www.osc.ny.gov/legislation/investment-standard-nys-college-choice-and-ny-able-programsNYS Comptroller DiNapoli and Church of England Call on ExxonMobil to Set Targets for Lowering GHG Emissions
… Retirement Fund (the Fund), and the Church of England's investment fund (Church Commissioners) have filed a … investors' confidence." Edward Mason, Head of Responsible Investment for the Church Commissioners, said: "We want to … Church Commissioners for England The Church of England's investment fund, the Church Commissioners, manage investable …
https://www.osc.ny.gov/press/releases/2018/12/nys-comptroller-dinapoli-and-church-england-call-exxonmobil-set-targets-lowering-ghg-emissionsInvestors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… Comptroller Thomas P. DiNapoli and the Church of England’s investment fund, the Church Commissioners, this week asked … plans to do about it.” Edward Mason, Head of Responsible Investment for the Church Commissioners, said: “We are … Church Commissioners for England The Church of England’s investment fund, the Church Commissioners for England, …
https://www.osc.ny.gov/press/releases/2016/02/investors-ask-sec-reject-exxons-attempt-silence-questions-climate-changeShareholders to Exxon: It's Time to Address Climate Change
… did so as well." Edward Mason, the Head of Responsible Investment for the Church of England's investment fund said, "I am delighted investors will have the … About the Church of England The Church of England's investment fund, the Church Commissioners, manages a fund of …
https://www.osc.ny.gov/press/releases/2016/05/shareholders-exxon-its-time-address-climate-changeNYS Common Retirement Fund Announces Third Quarter Results
… opportunities that enable us to maximize stable, long-term investment returns that ensure a secure retirement.” The … percent of the cost of benefit payments has been funded by investment returns. The Fund’s fiscal year ends March 31, …
https://www.osc.ny.gov/press/releases/2015/02/nys-common-retirement-fund-announces-third-quarter-resultsNYS Common Retirement Fund Announces Third Quarter Results
… international equities markets," DiNapoli said. "Our investment strategy is geared toward consistently achieving … percent of the cost of benefit payments has been funded by investment returns. The Fund’s fiscal year ends March 31, …
https://www.osc.ny.gov/press/releases/2014/02/nys-common-retirement-fund-announces-third-quarter-resultsWestford Fire District – Internal Controls Over Financial Operations (2013M-270)
… a code of ethics, it has not adopted purchasing and investment policies, as required by statute. The Board also … to perform such an audit. Key Recommendations Adopt an investment policy and a purchasing policy. Ensure that formal …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/22/westford-fire-district-internal-controls-over-financial-operations-2013mLincoln Fire District – Financial Activities (2012M-228)
… years. The Board was unable to provide us with an adopted investment policy and a code of ethics, which are required by … 60 days after the close of the fiscal year. Adopt an investment policy and a code of ethics as required by law. …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/01/25/lincoln-fire-district-financial-activities-2012m-228Afton Fire District – Internal Controls Over Financial Operations (2013M-248)
… the Board has adopted a code of ethics, it has not adopted investment or procurement policies. Although the Treasurer … reviewed as of July 31, 2013. Key Recommendations Adopt investment and procurement policies. Ensure that the Board is …
https://www.osc.ny.gov/local-government/audits/fire-district/2013/11/22/afton-fire-district-internal-controls-over-financial-operations-2013m-248Slaterville Springs Fire District – Internal Controls Over Financial Operations (2013M-315)
… Board did not formally adopt a procurement policy or an investment policy, as required by statute. While the Board … Key Recommendations Adopt a procurement policy and an investment policy, and annually review and update these …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/24/slaterville-springs-fire-district-internal-controls-over-financialTown of Oneonta Fire District – Internal Controls Over Financial Operations (2013M-243)
… District moneys. Specifically, the Board did not: Adopt an investment policy or a code of ethics, Issue a W-2 form for … that provide guidance for District officials, including an investment policy and code of ethics. Issue a W-2 form for …
https://www.osc.ny.gov/local-government/audits/fire-district/2014/01/31/town-oneonta-fire-district-internal-controls-over-financial-operationsNYS Common Retirement Fund Announces First Quarter Results
… P. DiNapoli. "The first quarter presented a challenging investment climate," DiNapoli said. "Nevertheless, New York's … and well-positioned for the future with a smart, long-term investment strategy." The Fund's estimated value reflects …
https://www.osc.ny.gov/press/releases/2015/08/nys-common-retirement-fund-announces-first-quarter-resultsThe Big Picture – What Every Employer Should Know
… (Fund) come from three main sources of incoming funds: investment income, employee or member contributions and … as of March 31, 2023. 1 Over the past 20 years, the Fund’s investment returns have covered 75 percent of the cost of …
https://www.osc.ny.gov/retirement/employers/partnership/big-pictureTown of Southampton - Board of Trustees of the Freeholders and Commonalty – Trustee Oversight (2013M-39)
… of cash management. The Trustees have not adopted an investment policy, which resulted in excess cash balances of … they been deposited timely. Key Recommendations Adopt an investment policy setting forth the parameters under which …
https://www.osc.ny.gov/local-government/audits/town/2013/05/17/town-southampton-board-trustees-freeholders-and-commonalty-trustee-oversight-2013mNew York State Comptroller DiNapoli: Pension Fund Puts Anti-Israel Movement on Notice
… may be added to a restricted list that prohibits investment. Any existing Fund investment with a company that participates in the BDS …
https://www.osc.ny.gov/press/releases/2016/06/new-york-state-comptroller-dinapoli-pension-fund-puts-anti-israel-movement-noticeIV.5.B Bond and Debt Proceeds – IV. Accounting Codes - Uses and Descriptions
… Termination Effective Proceeds from the exchange of one investment security for another to change the maturity or … Termination Ineffective Proceeds from the exchange of one investment security for another to change the maturity or …
https://www.osc.ny.gov/state-agencies/gfo/chapter-iv/iv5b-bond-and-debt-proceeds