The New York State Common Retirement Fund is the third largest public pension plan in the United States, providing retirement security for over one million New York State and Local Retirement System (NYSLRS) members, retirees and beneficiaries.
The Fund's mission, values and investment philosophy have earned it the distinction of being one of the best-managed and best-funded plans in the nation. Since its establishment in 1921, the Fund's prudent investment management, solid returns, and constitutionally protected benefits have provided retirement security for generations of hard-working New Yorkers.
For a breakdown of the retirement system, see NYSLRS Fact Sheet.
Leading the Way on Climate Investment
$20 BILLION COMMITTED TO SUSTAINABLE INVESTMENTS
Comptroller DiNapoli is deeply concerned about climate change. Climate change poses significant risks to the pension fund's investments, the economy and society as a whole. DiNapoli's Climate Action Plan has committed billions to sustainable investment opportunities, and plans to double the amount over the next decade.
Investing in New York
HELPING NEW YORK'S BUSINESSES GROW
The Fund plays a significant and beneficial role in New York State's economy. It puts pension dollars to work in every corner of the state through innovative programs that directly invest in New York-based companies and real estate, while generating solid returns.