NEW YORK — New York City’s pension funds ended the latest fiscal year with a record-high value of $160.5 billion, City Comptroller Scott Stringer said Monday.
The funds, which he oversees, got a 17.4 percent investment return for fiscal year 2014, which ended June 30. Stringer said that was one of the strongest years for the pension funds in recent times, and the annualized rate of return for the most recent five-year period is 13.4 percent.
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