Press Releases
CONTACT:
Press Office
(518) 474-4015

 FOR RELEASE:

Immediately
November 6, 2008



DiNapoli Names Nitido to Lead Retirement Compliance Unit

State Comptroller Thomas P. DiNapoli today announced he named Thomas Nitido as Assistant Comptroller of the Retirement Compliance Unit for the New York State and Local Retirement System. Previously, Nitido served as Albany City Comptroller after being elected to the post in 2001 and 2005.

“Tom Nitido has a proven track record of protecting taxpayer resources and increasing operating efficiencies,” DiNapoli said. “His experience as a local government official and fiscal manager make him the perfect individual to work with me to continue to reform the Retirement System and help local governments navigate the System. He will help ensure that only those individuals who are entitled to a state pension get a state pension.”

As head of the Retirement Compliance Unit, Nitido will review and enforce eligibility requirements and regulations for the Retirement System. DiNapoli created the Retirement Compliance Unit to actively monitor participating employers, members and retirees’ compliance with regulations and reporting requirements. The unit will work to proactively identify and ensure that past abuses of the Retirement System are corrected and to prevent future abuses.

Before being elected Albany City Comptroller, Nitido worked for the New York State Assembly Committee on Health for 16 years, most recently serving as its Executive Director. He also served on the Albany Common Council for eight years. Nitido graduated from Union College and received a master’s degree from the SUNY College of Environmental Science and Forestry and Syracuse University.

Currently, Nitido is a member of the Albany County Board of Health and is a board member of the New York State Government Finance Officers Association.

Nitido starts his new position November 10. His salary will be $130,000.

###

 

Albany Phone: (518) 474-4015 Fax: (518) 473-8940
NYC Phone: (212) 681-4840 Fax: (212) 681-7677
Internet: www.osc.state.ny.us
E-Mail: press@osc.state.ny.us