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© 2015 IAFF Local 1071 
Thursday, May 24, 2012

State Pension Fund Posts Strong Gain

Despite a volatile year in the financial markets, the New York State Common Retirement Fund (Fund) earned an estimated 5.96 percent rate of return for the state's 2011-2012 fiscal year, New York State Comptroller Thomas P. DiNapoli announced today. The estimated value of the Fund is $150.3 billion, the highest since the global economic meltdown in state fiscal year 2008-2009.  Read the Story.

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Photo by: David Mallory