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.<\/p>\n
For the three-month period ending Dec. 31, fund investments returned an estimated 2.4%, the comptroller said.<\/p>\n
“The state pension fund continued to grow over the third quarter,\u201d DiNapoli said in a statement. \u201cDrops 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\u2019s more than 1.2 million working and retired members and their beneficiaries.\u201d<\/p>\n
At the end of the last state fiscal year on March 31, the audited value of the fund was $273.1 billion.<\/p>\n
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.<\/p>\n
New York\u2019s pension fund is one of the largest public pension funds in the U.S.<\/p>\n","protected":false},"excerpt":{"rendered":"The estimated value of the New York State Common Retirement Fund was $297.8 billion at the end of…\n","protected":false},"author":2,"featured_media":280146,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[15418,24479,15424,138,93121,219,246,93120,9728,8620,111,43,139,15423,69,244,245,135,38],"class_list":{"0":"post-280145","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-app-local-state-politics","9":"tag-app-local-business","10":"tag-app-ny-state-of-politics","11":"tag-business","12":"tag-central-ny","13":"tag-economy","14":"tag-finance","15":"tag-luke-parsnow","16":"tag-new-york-city","17":"tag-new-york-state","18":"tag-new-zealand","19":"tag-news","20":"tag-newzealand","21":"tag-ny-state-of-politics","22":"tag-nz","23":"tag-personal-finance","24":"tag-personalfinance","25":"tag-politics","26":"tag-top-stories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/280145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=280145"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/280145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/280146"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=280145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=280145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=280145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}