The estimated value of the New York State Common Retirement Fund was $297.8 billion at the end of the third quarter of state fiscal year 2025-26, state Comptroller Tom DiNapoli said Wednesday.
For the three-month period ending Dec. 31, fund investments returned an estimated 2.4%, the comptroller said.
“The state pension fund continued to grow over the third quarter,” DiNapoli said in a statement. “Drops in the stock market, inflation, slower job growth and broader economic volatility remain risks, however. Fortunately, my team manages the state pension fund prudently, with a diversified portfolio that can weather economic storms and provide retirement security for the pension fund’s more than 1.2 million working and retired members and their beneficiaries.”
At the end of the last state fiscal year on March 31, the audited value of the fund was $273.1 billion.
According to the comptroller, the pension fund had 40% of its assets invested in publicly traded equities, with the remaining assets invested in cash, bonds and mortgages (23.3%), private equity, real estate and other things.
New York’s pension fund is one of the largest public pension funds in the U.S.