Saturday, March 11, 2017

State Department of Audit and Control holding more than $14 billion in unclaimed funds



State Department of Audit and Control holding more than $14 billion in unclaimed funds
Source: Office of the State Comptroller

New York State Comptroller Thomas P. DiNapoli announced that his office has over $14.5 billion in unclaimed funds and urged New Yorkers to see if any of it belongs to them. In State Fiscal Year 2015-16

DiNapoli’s office set a national record for the third consecutive year for the most unclaimed funds returned in one year totaling $452 million.

Individuals are not the only entities for whom the Comptroller is holding unclaimed funds pursuant to the Abandonded Property Law. The Comptroller is also holding monies that may be claimed by State and local governments such as:


Name
Address
Reported By
SCHOLASTIC BOOK CLUBS INC
NEW YORK TELEPHONE CO

CDW LLC

W B MASON CO INC
ALFRED UNIVERSITY
GALLS LLC
NATIONAL GRID - NIAGARA MOHAWK POWER CORP

CITIBANK NA NATIONAL COMPLIANCE GRP



INTEGON INDEMNITY INSURANCE CO

STATE FARM FIRE & CASUALTY CO

CITIBANK NA NATIONAL COMPLIANCE GRP

YALE UNIVERSITY

CIGNA HEALTH & LIFE INSURANCE CO

OWEGO ASSOCIATES INC

AUTOMATIC DATA PROCESSING INC

DESMOND HOTEL

There are hundreds of other such governmental jurisdictions and employee organizations listed.

Individuals and organizations can search the Comptroller's data base of unclaimed funds to see if the Comptroller is holding any of their property in the Abandoned Property Fund by clicking:






Handbooks focusing on State and Municipal Public Personnel Law continue to be available for purchase via the links provided below:

The Discipline Book at http://thedisciplinebook.blogspot.com/

A Reasonable Penalty Under The Circumstances at http://nypplarchives.blogspot.com

The Disability Benefits E-book: at http://section207.blogspot.com/

Layoff, Preferred Lists at http://nylayoff.blogspot.com/

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