The Enterprise Fraud, Waste and Abuse Prevention and Detection Act (Act) of 2015 (State Finance Law Section 8-c) called for the establishment of a statewide electronic system in New York to help detect and prevent fraud, waste, and abuse in government spending and avoid improper payment of public moneys.
The New York State Finance Law was amended in 2015 by adding a new section 8-c, which provides for the establishment of a statewide electronic system to help detect and prevent fraud, waste, and abuse in government spending and avoid improper payment of public moneys.
This report articulates the evolution of the New York State Common Retirement Fund’s (Fund) approach to sustainable investment practices.
As Trustee of the New York State Common Retirement Fund, New York State Comptroller Thomas P. DiNapoli is committed to ensuring accountability and the highest standards of ethics, with absolutely no tolerance for self-dealing.
The New York State Common Retirement Fund 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.
As Trustee of the New York State Common Retirement Fund, I have a responsibility to safeguard the Fund’s investments, which I manage for the benefit of the more than one million participants in the New York State and Local Retirement System.
A report to the Comptroller of the State of New York as the sole trustee of the New York State Common Retirement Fund (the Fund) on how the Fund can best mitigate investment risks stemming from climate change and maximize opportunities from the new, low-carbon economy.
Statement of Anastasia Titarchuk, Interim Chief Investment Officer, New York State Common Retirement Fund.
As Comptroller of New York State and Trustee of the Common Retirement Fund (CRF), I am deeply concerned about the impact of climate change on the Fund’s investments, as well as its impact on the economy as whole.
