This Report presents the results of the Fiscal Year Ended June 30, 2018 Annual Valuation of the
Other Postemployment Benefits (OPEB) provided under the New York City Health Benefits
Program (Program).
Last year NYC's five pension systems for municipal employees paid $12.9 billion in benefits to more than 332,000 retirees or their beneficiaries. While many retired city workers remain in the five boroughs, many others collect their pension checks in states and counties all around the country.
This Report presents information, intended for use by the City of New York for accounting
and financial reporting under Governmental Accounting Standards Board Statement No. 68.
This Report presents the results of the Fiscal Year Ended June 30, 2017 Annual Valuation of the
Other Postemployment Benefits (OPEB) provided under the New York City Health Benefits
Program (Program).
The designation of Certain Employees" Contribution Toward Employer Pension Costs As Employer Pick-Up Contributions Pursuant to Section 414 (h) of the Internal Revenue Code.
A fact sheet that provides instructions for transferring funds from an eligible Deferred Compensation Plan or Individual Retirement Account to pay for previous service or membership reinstatement.
A brochure that explains the rights and options available to members after leaving City service. This brochure provides answers to the “what if” questions members may have.