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 SPD booklet is a complete guide to the 63/5 Retirement Plan and its provisions. The information contained in this SPD is taken from applicable laws and/or rules that govern membership in this retirement plan.
The SPD is a complete guide to the 62/5 Retirement Plan and its provisions. The information contained in this SPD is taken from applicable laws and/or rules that govern membership in this retirement plan.
This SPD is a complete guide to the Tier 3 Retirement Plans and their provisions. The information contained in this SPD is taken from applicable laws and/or rules that govern membership in this retirement plan.
This SPD is a complete guide to the Tier 2 Retirement Plans and their provisions. The information contained in this SPD is taken from applicable laws and/or rules that govern membership in this retirement plan.
This SPD is a complete guide to the Tier 1 Retirement Plans and their provisions. The information contained in this SPD is taken from applicable laws and/or rules that govern membership in this retirement plan.
How much have the three pension funds invested in oil, gas, and other fossil fuel companies? How many shares do they own and what is the value of these holdings? IBO has compiled the numbers.
Testimony to a City Council hearing on changes to the city’s administrative code that would enable the city to implement its proposed Medicare Advantage.
The Office of the New York City Comptroller serves as investment advisor, custodian and trustee for the five New York City public pension funds (collectively referred to as the New York City Retirement Systems, or NYCRS).