New York pension fund estimate reaches $176 billion

Published May 12, 2014 4:00am ET



ALBANY, N.Y. — New York’s comptroller is expected to announce Monday that the pension fund for state and local government workers has reached a record high of $176.2 billion after paying benefits.

Comptroller Thomas DiNapoli is sole trustee of the Common Retirement Fund showing a 13 percent return on investment in the fiscal year that ended March 31.

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