For those of you who have followed my blog for awhile know I like to post about the accuracy of FD/PD pension estimates. Well, this is yet another post/video about the NYCPPF providing inaccurate pension estimates to its members. Since these revised pension statements have been issued, I now have zero confidence in their accuracy.
In January 2018, the NYCPPF awarded the contract to upgrade their pension software systems, etc. to a company called Vitech Systems Group, Inc. The contract has a value of $37.5 million dollars. More than likely it will cost more than that.