Department of Records Logo

NYC Government Publication

 

Another Covid-19 Cost? As the Stock Market Tumbles the City’s Pension Costs May Climb

Downloadable Content

Download PDF

The tumbling stock market has inevitably taken a toll on the value of the city’s pension funds. That means the city may have to increase its contributions to the funds by tens of million—if not hundreds of millions--of dollars in the coming years. We look at a few scenarios.

Agency
Subject
Report type
  • Other
Date published
  • 2020-03-30
Language
Calendar year
  • 2020
Required Report Name
  • Not Required