News Articles: NYC Pension Funds
10/26/2020
Chief Newspaper: City Cops Under Tier 3 Entitled to Buy Back Time on Child Leave
Chief Investment Officer: Conservative Think Tank Calls for NYC Pension Reform
08/11/2020
Daily News: NYC’s biggest pension fund overwhelmed by coronavirus death benefit claims
City Limits: Where the NYC Council’s No-Nukes Legislation Stands
Pensions & Investments: NYC sees 4.4% pension system return for fiscal year
The Center Square: New York City fire fund has enough assets to pay out 10.1 years of pension benefits, study finds
10/11/2019
Chief Investment Officer: 600-Plus Companies Adopt NYC Pensions’ ‘Proxy Access’ Agenda
09/10/2019
NY Post: Longtime aide in Queens DA office entitled to $319K pension
NY Post: Judge rules that public has right to NYPD pension info
08/14/2019
Politico: De Blasio exaggerates fossil fuel claims on the campaign trail
05/21/2019
NY Post: Dems want to undo Cuomo’s cost savings, pay new government workers more
05/09/2019
NY Daily News: NYPD overtime cap has cops thinking about retirement
05/02/2019
WSJ: The Long Bull Market Has Failed to Fix Public Pensions
Pensions & Investments: New York City Retirement Systems’ returns lag 7% expected rate
03/16/2019
CityLimits: Help Taxpayers and Protect Retirees by Rethinking Pensions in NYC
01/22/2019
NY Post: NYC Pension Staffers are Chilling in Key West as Arctic Chill Hits
Daily News: Hold Exxon to Account: NYC Retirees deserve to have the air cleared on climate deceptions
-Opinion piece by NYC Comptroller Scott Stringer
12/9/2018
Institutional Investor: New CIO Appointed at NYC’s $200 Billion Pension System
Bloomberg: New York City Pensions Paid Wall Street $1 Billion Last Year
10/30/2018
Chief Investment Officer: NYC Comptroller Wants 3 Major Indexes to Ban Saudi Stocks
Newsday: City Workers’ Pension Fund Hinge on Mayor de Blasio’s Environmental Stand
Crain’s NY: Public Pensions Help the Whole City, not just Retirees
-excellent op-ed from the NYC Chief Actuary, Sherry S. Chan.
9/17/2018
Bloomberg: NYC Police & Fire Pensions Invest $134 Million into Exotic Quant Fund
Crain’s NY: NYC Retirement Systems to Double Investment in Climate Change Solutions
NY Daily News: Stop Politicizing Our Pensions
8/01/2018
NY Times: Some Pension Funds Profit From New York Real Estate. Why Don’t the City’s?
Chief Investment Officer: NYC Pension Funds Earn 8.7% in 2018
Brooklyn Daily Eagle: Cuomo and de Blasio should not force unions to divest from fossil fuel companies
8.7 % return is not a bad return in this up and down market. I noticed the teachers have a separate system than other Bd of Ed Employees, Why?
Hi Jim,
The NYC Pension Funds operate on a fiscal year ending June 30th; the 8.7% return is based on the fiscal year. I do not really know the history of the TRS NYC and NYCBERS.
If you read the comments section of Crains New York, you’ll see a lot of jealousy regarding public employee pensions.
The table in the The Center Square article says NYC Fire pension is only about 63% funded, in the bottom quarter of the funds they examined. Do you have any info on the state of NYCPPF’s state?
The table in the The Center Square article says NYC Fire pension is only about 63% funded, in the bottom quarter of the funds they examined. Do you have any info on NYCPPF’s financial status/strength/stability for its long-term obligations?
Thanks,
NYCPPF’s funded ratio is 71.6%.