Statement of financial condition of the Relief and Pension Fund of the Department of Street Cleaning of the City of New York as of June 30, 2023 and report on operations of said Fund for the year ending June 30, 2023.
BERS administers the BERS Qualified Pension Plan (the “QPP”) and the BERS Tax Deferred Annuity Program (the “TDA Program”)
The presentation includes all disclosures necessary to enable readers to gain an understanding of the system’s financial activities and analyses.
The ACFR contains information about the assets and liabilities of NYCERS' pension fund. Statistical tables show the composition of NYCERS' membership, which is used by the Actuary to determine the amount that employers must contribute to the Fund each year in order to pay statutory benefits.
New York City Mayor Eric Adams today issued a reminder to New Yorkers to remember to file their taxes as the city and the nation enter the last week of the 2023 tax season.
The City began FY 2023 (FY23) with $8.159 billion in cash-on-hand, versus $8.469 billion at the same time last year. During the first half of fiscal year 2023 (1H23), the City’s cash balances averaged $8.126 billion, compared to $7.274 billion at the same time last year.
The ACFR contains information about the assets and liabilities of NYCERS' pension fund. Statistical tables show the composition of NYCERS' membership, which is used by the Actuary to determine the amount that employers must contribute to the Fund each year in order to pay statutory benefits.
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