Learn about Retirement Online

The COVID-19 pandemic has created a challenging marketplace for investors. The state pension fund had a strong return on investments until the pandemic sent markets tumbling as we prepared to close our books on March 31. The fund’s value as of that day was $194.3 billion based on a return of -2.68 percent for the year. Fortunately, our years of prudent management, including requiring that state and local governments always pay their bills, means that we remain one of the nation’s strongest. Pew

NY Teacher Pension Calculations Made Simple