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NEWS from the Office of the New York State Comptroller
Contact: Press Office 518-474-4015

DiNapoli Seeks Increased Diversity at Pension Fund's Portfolio Companies

New York State Comptroller Thomas P. DiNapoli today announced a series of shareholder proposals and other initiatives as part of the New York State Common Retirement Fund’s (Fund) ongoing efforts to increase corporate accountability for progress on diversity, equity and inclusion (DEI) issues.

DiNapoli: Pennsylvania Man Impersonated Deceased Father to Steal His NYS Pension and Social Security Payments

State Comptroller Thomas P. DiNapoli, the United States Attorney for the Eastern District of Pennsylvania, the Social Security Administration Office of Inspector General (SSA OIG), the United States Postal Inspection Service and the Federal Bureau of Investigation today announced the arrest and guilty plea of Timothy Gritman, a Pennsylvania resident, on wire fraud and Social Security fraud charges for stealing over $200,000 of retirement benefits paid to his deceased father.

DiNapoli: Federal Data Shows New York's Losses in Fourth Grade Math and Reading Scores Are Double National Average

New York State Comptroller Thomas P. DiNapoli today released a review of recent federal data about how the pandemic negatively affected student performance in New York. In response, he urged New York school districts to assess their plans for spending federal pandemic funds and to target funds towards children most in need.

DiNapoli: State Pension Fund Valued at $242.3 Billion at End of Third Quarter

New York State Comptroller Thomas P. DiNapoli today announced that the estimated value of the New York State Common Retirement Fund (Fund) was $242.3 billion at the end of the third quarter of state fiscal year 2022-23. For the three-month period ending Dec. 31, 2022, Fund investments returned an estimated 4.51%.

DiNapoli: One in Ten New York Households Suffer From Food Insecurity

Approximately one in ten, or about 800,000, New York households experienced food insecurity at some point between 2019-21, according to a report from State Comptroller Thomas P. DiNapoli. The report found that the number of households facing food insecurity declined during the COVID-19 pandemic due to federal relief programs and the expansion of federal food assistance programs. DiNapoli raised the concern that food insecurity may grow as federal benefits lapse.

DiNapoli: Audit Recommends Stronger Oversight of NYC’s Artificial Intelligence Programs

New York City lacks needed guidelines and policies for agencies’ use of artificial intelligence (AI), leaving it vulnerable to misguided, inaccurate or biased outcomes in several programs that can directly impact New Yorkers’ lives, an audit released today by New York State Comptroller Thomas P. DiNapoli found.

DiNapoli: Retired Westchester County Police Officer Indicted for Forging State Records to Illegally Double-Dip From State Pension Fund

State Comptroller Thomas P. DiNapoli and Ulster County District Attorney David J. Clegg today announced the indictment of former Ulster County BOCES criminal justice instructor Anthony Sciacca, a retired Westchester County Police Officer. Sciacca allegedly stole over $163,000 from the New York State and Local Retirement System (NYSLRS) by taking unlawful pension payments and forging a required certificate purportedly issued by the State Education Department (SED).