NY pension fund return tops 7 percent for year, hits $183B

May 22, 2015 3:35 PM

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NY pension fund return tops 7 percent for year, hits $183B

The New York comptroller reports that the pension fund for state and local government workers has risen to a record $183.5 billion following an investment return of 7.16 percent last year.

Comptroller Thomas DiNapoli, the sole trustee, says Friday the third largest public pension fund in the country has achieved "a solid return in the midst of global volatility."

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