New York City Employees Retirement System (NYCERS)

The New York City Employees’ Retirement System (NYCERS) was founded by the New York State Legislature in 1920 with 13,331 members. Today, NYCERS has grown into the largest municipal public employee retirement system in the United States with more than 350,000 active members and retirees including civilian employees such as clerical workers, accountants and social workers, and uniformed employees such as New York City Correction Officers and Sanitation Workers.

AUM

$70

Performance (%, 1YR)

3.58

Chief Executive

Melanie Whinnery

Chief Investment Officer

Alex Done

Performance Notes

The total return on the investment portfolio during Fiscal Year 2020 was 3.58 per cent, which is lower than the NYCERS’ Policy Benchmark 3.70 per cent

Chair

John Adler

Asset allocation
The majority of the domestic equity portfolio is passively managed with the remaining being actively managed by various managers with diverse investment strategies

27% Domestic Equities

17% International Equity Fund

36.5% Fixed Income

19.5% Alternative Investments