NYC Pension Funds – Funded Ratios
Seems to be a topic of conversation lately due to current events.
NYC Pension Funds – Funded Ratios |
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NYC Pension Fund |
Actuarial Value of Assets | Accrued Liability | Funded Ratio |
Unfunded Accrued Liability |
BERS |
$3.29B | $4.74B | 69.3% |
$1.45B |
FIRE |
$11.81B | $20.94B | 56.4% |
$9.13B |
NYCERS |
$59.57B | $82.46B | 72.2% |
$22.89B |
POLICE |
$34.16B | $47.70B | 71.6% |
$13.54B |
TRS |
$44.38B | $69.55B | 63.8% |
$25.17B |
thanks for the summary. What is the date (or dates) of the “most recent data available”? Is it before or after the covid19 related market dip?
Fiscal Year 2019 (for the period beginning July 1, 2018 and ending June 30, 2019).