Sunday, September 7, 2025

State Comptroller Thomas P. DiNapoli's Weekly News - Comptroller Joins Assemblyman Wright in Harlem

 

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Pictures from tour of Harlem

Comptroller Joins Assemblyman Wright in Harlem

Comptroller DiNapoli joined Assemblyman Jordan Wright in his Harlem district this week. They visited cultural landmarks and small businesses, connecting with Harlem residents about what matters most to them. Comptroller DiNapoli was also happy to return $16,000 in unclaimed funds to community groups and business owners—money that can support their efforts in Harlem.

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Syracuse Man Sentenced for Stealing Nearly $22,000 in Pension Checks

A Syracuse man who stole nearly $22,000 in pension payments sent to his deceased mother was sentenced today to serve five years’ probation and ordered to pay full restitution, Comptroller DiNapoli, Onondaga County District Attorney William J. Fitzpatrick and New York State Police Superintendent Steven G. James announced. The defendant was arrested in January 2025 following an investigation by Comptroller DiNapoli’s office.

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Former Marbletown Fire Chief Sentenced for $101K Theft from the Department

Comptroller DiNapoli, Wayne County District Attorney Christine Callanan and New York State Police Superintendent Steven G. James announced that the former chief and treasurer of the Marbletown Volunteer Fire Department was sentenced to four months of weekends in the Wayne County Jail and five years of probation for stealing more than $101,000 from the department. He was also ordered to pay a total of $101,394.50 in restitution.

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NYSLRS Announces Employer Contribution Rates for SFY 2026-27

Comptroller DiNapoli announced employer contribution rates for the New York State and Local Retirement System (NYSLRS) for State Fiscal Year (SFY) 2026-27. Employers’ average contribution rates will increase from 16.5% to 17.6% of payroll for the Employees’ Retirement System (ERS) and from 33.7% to 36.5% of payroll for the Police and Fire Retirement System (PFRS).

NYSLRS is made up of these two systems, which pay service and disability retirement benefits to state and local public employees and death benefits to their survivors. There are nearly 3,000 participating employers in ERS and PFRS, and more than 300 different retirement plan combinations. In the SFY that ended March 31, 2025, NYSLRS paid out nearly $16.8 billion in benefits.

“Turbulence in the financial markets along with benefit and salary changes will impact rates for SFY 2026-27,” DiNapoli said. “Our prudent management and long-term investment strategy coupled with these rates will help ensure public employees and their families receive the retirement benefits promised to them. New York State’s pension fund continues to be one of the strongest and best funded in the nation.”

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