This Report presents the results of the June 30, 2019 (Lag) actuarial valuation of the benefits
under both the New York City Board of Education Retirement System (BERS) Qualified Pension
Plan and Group Life Insurance Plan (collectively, the Plan).
This Report presents the results of the June 30, 2019 (Lag) actuarial valuation of the benefits
under both the New York City Employees’ Retirement System (NYCERS) Qualified Pension Plan
and Group Life Insurance Plan (collectively, the Plan).
This Report presents the results of the June 30, 2019 (Lag) actuarial valuation of the benefits
under both the New York City Police Pension Fund (POLICE) and Group Life Insurance Plan
(collectively, the Plan).
This Report presents the results of the June 30, 2019 (Lag) actuarial valuation of the benefits
under both the New York City Fire Pension Fund (FIRE) and Group Life Insurance Plan
(collectively, the Plan).
This Report presents the results of the June 30, 2019 (Lag) actuarial valuation of the benefits
under both the New York City Teachers’ Retirement System (TRS) and Group Life Insurance
Plan (collectively, the Plan).
During Fiscal Years 2019 and 2020, NYCERS paid $5.26 billion and $5.31 billion, respectively, to approximately 165,000 benefit recipients. The objective of this audit was to determine whether NYCERS had adequate controls in place to detect and prevent improper benefit payments to deceased recipients
This audit found that New York City Police Pension Fund’s (PPF’s) has established control procedures to detect and prevent improper pension benefit payments to or in the names of deceased recipients. The audit found two deficiencies in PPF’s control procedures.
This Report presents the results of the June 30, 2017 actuarial valuation of the benefits under
both the New York City Teachers’ Retirement System (TRS) and Group Life Insurance Plan
(collectively, the Plan).
New York City Fire Pension Fund 2019 Comprehensive Annual Financial Report includes combined financial statements and disclosures for the Qualified Pension Plan (QPP), the Firefighters' Variable Supplements Fund and the Fire Officers' Variable Supplements Fund