Company type | Public pension plan |
---|---|
Industry | Pension fund Investment management |
Founded | 1921 |
Headquarters | , |
Key people | Thomas P. DiNapoli (New York State Comptroller) Anastasia Titarchuk (Chief Investment Officer)[1] |
AUM | $207.4 Billion (March 2018)[2] |
Website | www |
The New York State Common Retirement fund is a public pension plan for the employees of New York State government.
As of 2018[update], it was the third largest public pension plan in the nation, and held $207.4 billion in assets. These assets are overseen by the New York State Comptroller's office and are held on behalf of more than one million members of the New York State and Local Retirement Systems (NYSLRS).
As of March 31, 2018, its one-year return was 11.35%, however its 10-year return was 6.4%. In 2017, the fund was able to cover about 95% of the benefits it paid out. The fund paid out $11.45 billion in the fiscal year ending March 31, 2018.[2][3]