New York State & Local Retirement System
public plan · State of New York · New York City, NY
ACTIVE
A
Pension Health Score
91/100
Funding Status98% Funded
0%80% threshold100%
$253.9B
Total Assets
$259.5B
Total Liabilities
$5.7B
Unfunded Liability
1,022,458
Participants
Funding History
What This Means for You
New York State & Local Retirement System is in excellent financial health at 98% funded. This means for every dollar the plan owes in future benefits, it has 98 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $253.9B | $259.5B | 97.8% | $10.7B |
| 2024 | $248.3B | $261.1B | 95.1% | $8.0B |
| 2023 | $233.2B | $238.2B | 97.9% | $10.4B |
| 2022 | $219.4B | $236.7B | 92.7% | $7.8B |
| 2021 | $212.3B | $228.8B | 92.8% | $8.4B |