This Report presents information intended for use by the City of New York for
accounting and financial reporting under Governmental Accounting Standards Board
(GASB) Statement No. 68.
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).
Report contains a 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, 2018 and report on operations of said Fund for the year ending June 30, 2018.
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.
A brochure that explains the benefit of collecting a pension when you retire, as well as the benefit NYCERS membership provides regarding disability protection, survivor benefits, the ability to borrow against your contributions, and more.
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.