US - The five primary New York City employee pension funds have posted annualised returns of 9.9% for the ten-year period ending June 30, 2004 and a combined return of 16.4% during fiscal year 2004, according to the New York City comptroller's annual financial report.
The funds – New York City Employees’ Retirement System (NYCERS), the Teachers’ Retirement System of the City of New York (TRS), the New York City Police Pension Fund, the New York City Fire Departm...
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