New York State and Local Retirement Systems Basics, by Plan
| Plan | Assets (millions) | Total Members |
|---|---|---|
| NY State & Local ERS | 211,183.2 | 1,002,403 |
| NY State & Local Police & Fire | 38,324.9 | 73,675 |
| Other Plans | 0.0 | 0 |
| Total | 249,508.1 | 1,076,078 |
Source: Public Plans Database (as of 2023)
Note: New York State and Local Retirement Systems has 0 other plans.
Assets
Assets at Year-End
New York State and Local Retirement Systems
2001-2023
| Fiscal Year | Net Assets (billions) |
|---|---|
| 2001 | 114.0 |
| 2002 | 112.7 |
| 2003 | 97.4 |
| 2004 | 120.8 |
| 2005 | 128.0 |
| 2006 | 142.6 |
| 2007 | 156.6 |
| 2008 | 155.8 |
| 2009 | 110.9 |
| 2010 | 134.3 |
| 2011 | 149.5 |
| 2012 | 153.4 |
| 2013 | 164.2 |
| 2014 | 181.3 |
| 2015 | 189.4 |
| 2016 | 183.6 |
| 2017 | 197.6 |
| 2018 | 212.1 |
| 2019 | 215.2 |
| 2020 | 198.1 |
| 2021 | 260.1 |
| 2022 | 273.7 |
| 2023 | 249.5 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year | New York State and Local Retirement Systems | US State and Local Pensions |
|---|---|---|
| 2001 | 1.8 | 2.4 |
| 2002 | 1.8 | 2.3 |
| 2003 | 1.7 | 2.2 |
| 2004 | 1.6 | 2.1 |
| 2005 | 1.6 | 2.1 |
| 2006 | 1.6 | 2.0 |
| 2007 | 1.6 | 2.0 |
| 2008 | 1.6 | 1.9 |
| 2009 | 1.5 | 1.9 |
| 2010 | 1.5 | 1.8 |
| 2011 | 1.4 | 1.7 |
| 2012 | 1.3 | 1.6 |
| 2013 | 1.3 | 1.5 |
| 2014 | 1.2 | 1.4 |
| 2015 | 1.2 | 1.4 |
| 2016 | 1.2 | 1.4 |
| 2017 | 1.2 | 1.4 |
| 2018 | 1.1 | 1.3 |
| 2019 | 1.1 | 1.3 |
| 2020 | 1.1 | 1.3 |
| 2021 | 1.0 | 1.2 |
| 2022 | 1.0 | 1.2 |
| 2023 | 1.0 | 1.2 |
Membership for New York State and Local Retirement Systems
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Cash Flows
2023 Cash Flows for New York State and Local Retirement Systems (millions)
| Inflows | Outflows | Investment Gains (losses) | Change in Net Assets |
|---|---|---|---|
| 5,133.8 | 15,803.6 | -13,540.8 | -24,210.6 |
Cash Flow as a Percentage of Assets
New York State and Local Retirement Systems
2001-2023
| Fiscal Year | New York State and Local Retirement Systems | National Average |
|---|---|---|
| 2001 | -3.2 | -2.1 |
| 2002 | -3.6 | -2.0 |
| 2003 | -4.2 | -2.5 |
| 2004 | -3.2 | -2.0 |
| 2005 | -1.9 | -2.2 |
| 2006 | -2.1 | -2.2 |
| 2007 | -2.2 | -2.1 |
| 2008 | -2.5 | -2.3 |
| 2009 | -4.0 | -3.1 |
| 2010 | -3.8 | -3.2 |
| 2011 | -2.7 | -3.1 |
| 2012 | -2.6 | -3.3 |
| 2013 | -2.4 | -3.1 |
| 2014 | -2.0 | -2.9 |
| 2015 | -2.3 | -2.8 |
| 2016 | -2.9 | -3.0 |
| 2017 | -3.2 | -2.9 |
| 2018 | -3.2 | -2.6 |
| 2019 | -3.6 | -2.6 |
| 2020 | -4.2 | -2.4 |
| 2021 | -3.3 | -2.1 |
| 2022 | -3.2 | -2.1 |
| 2023 | -4.3 | -2.2 |