Tag: New York State and Local Retirement System

Pensions September 18, 2024

Seesaw Markets Force NYSLRS to Raise Employer Contribution Rates

‘Volatility in investment income translates into volatility in employer contributions,’ according to the chief actuary at the New York State and Local Retirement System.

Asset Management Culture September 9, 2020

New York State Pension Increases Employer Contribution Rates

Actuary recommended changes because of increasing life spans and lower-than-expected returns.

Risk September 5, 2019

New York Cuts Investment Return Assumptions to 6.8%

DiNapoli  says a ‘more conservative approach’ needed for lower return environment.

Newsmakers September 1, 2017

NY State Employer Pension Contribution Rates to Drop

Comptroller says strong investment returns are keeping rates stable.

Research August 4, 2017

Report: 18% Rise in NY Pensions Over $100K

More than 50% of six-figure pensioners are from police, firefighter units, Empire Center reports.