New York's Pension Fund at Record High

05.13.14 | Bill Price

    State Comptroller Tom DiNapoli says the fund for state and local government workers, had a 13% return on investment last year, and now stands at 176 billion dollars.
          The Common Retirment Fund also paid a record 9.7 billion dollars to beneficiaries in the fiscal year that ended March 31st. The fund, for some 650,000 employees pays benefits to about 400,000 retirees and beneficiaries.