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These assets are overseen by the New York State Comptroller's office and are held on behalf of more than one million members of the New York State and Local Retirement Systems (NYSLRS). As of March 31, 2018, its one-year return was 11.35%, however its 10-year return was 6.4%. In 2017, the fund was able to cover about 95% of the benefits it paid ...
The New York City Office of the Actuary (NYCOA) provides actuarial information and services for the five major New York City Retirement Systems and Pension Funds. The New York City Board of Education Retirement System (BERS) was founded on August 31, 1921.
District Council 37 (also known as DC 37) is New York City's largest public sector employee union, representing over 150,000 members and 89,000 retirees. [1]DC 37 was chartered in 1944 by AFSCME to represent public employees in New York City.
The federal study comes as Adams’ administration continues to fight in court in hopes of transferring the city’s roughly 250,000 retired municipal workers onto a Medicare Advantage plan.
The new Medicare Advantage Plus Plan has for months raised concerns from the NYC Organization of Public Service Retirees, a group of ex-municipal workers who fear it could water down their health ...
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The Human Resources Administration or Department of Social Services (HRA/DSS) is the department of the government of New York City [1] in charge of the majority of the city's social services programs. HRA helps New Yorkers in need through a variety of services that promote employment and personal responsibility while providing temporary ...
New York City's government employs approximately 330,000 people, [4] more than any other city in the United States and more than any U.S. state but three: California, Texas, and New York. [5] The city government is responsible for public education, correctional institutions, public safety, recreational facilities, sanitation, water supply, and ...