NYSTRS Ranked in Top 10 Retirement Funds

 

02/20/2024

A recent national survey once again named NYSTRS among the largest retirement funds in the country based on total assets.

The annual rankings by Pensions & Investments deemed NYSTRS the eighth largest defined benefit plan and the 10th largest retirement fund in the U.S.  

Pensions & Investments, a money management newspaper, conducts this annual survey of the 1,000 largest public and private retirement funds in the country.

The survey showed the collective assets of the surveyed funds rebounded 7.1% to $13.02 trillion over the 12 months ending Sept. 30. Assets of the 200 largest plans surveyed increased 6.9% to $9.45 trillion. Further, the survey concluded the strong growth in funds’ assets was due to the avoidance of a recession and better-than-expected performance of the stock market.

NYSTRS ended the 2023 fiscal year with net assets totaling $137.2 billion. During the same period, the System paid $8.2 billion in benefits to retirees and beneficiaries. NYSTRS’ 10-year and 30-year net rates of return as of June 30, 2023 were 8.5% and 8.3%, respectively.

For more details on the System’s finances and investments, see the 2023 Popular Annual Financial Report and Annual Comprehensive Financial Report, as well as our infographics.

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