New York City Employees’ Retirement System

E188390

defined benefit pension plan government agency public pension fund

The New York City Employees’ Retirement System is one of the largest public pension funds in the United States, providing retirement, disability, and death benefits to New York City’s municipal workforce.

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All labels observed (1)

Label	Occurrences
New York City Employees’ Retirement System canonical	1

Statements (50)

Predicate	Object
instanceOf	defined benefit pension plan ⓘ government agency ⓘ public pension fund ⓘ
alsoKnownAs	NYCERS ⓘ
beneficiary	eligible dependents of deceased members ⓘ eligible spouses of deceased members ⓘ retired New York City municipal workers ⓘ
benefitForm	lifetime monthly annuity ⓘ lump-sum death benefit ⓘ
benefitType	accident disability ⓘ ordinary disability ⓘ service retirement ⓘ survivor benefits ⓘ
country	United States of America ⓘ surface form: United States
employer	New York City ⓘ surface form: City of New York
employerContributionSource	New York City government budget ⓘ
fundType	defined benefit plan ⓘ
governedBy	New York City Administrative Code ⓘ New York State Retirement and Social Security Law ⓘ
governs	pension benefits for eligible New York City employees ⓘ
hasFunction	administration of member accounts ⓘ calculation of pension benefits ⓘ investment of pension fund assets ⓘ member counseling and education ⓘ payment of monthly pensions ⓘ
hasMemberType	Tier 1 members ⓘ Tier 2 members ⓘ Tier 3 members ⓘ Tier 4 members ⓘ Tier 6 members ⓘ
hasPurpose	to provide retirement security for New York City employees ⓘ
hasScope	municipal workforce of New York City ⓘ
industry	public pensions ⓘ
isOneOf	largest public pension funds in the United States ⓘ
jurisdiction	New York City ⓘ surface form: City of New York
locatedIn	New York City ⓘ New York ⓘ surface form: New York State
memberContributionSource	payroll deductions from members ⓘ
partOf	New York City Retirement Systems ⓘ
provides	death benefits ⓘ disability benefits ⓘ retirement benefits ⓘ
regulates	pension contributions of members ⓘ
regulator	New York State Department of Financial Services ⓘ
sector	public sector ⓘ
serves	New York City municipal employees ⓘ certain New York City public authority employees ⓘ civilian employees of New York City ⓘ
sponsor	New York City ⓘ surface form: City of New York
website	https://www.nycers.org/ ⓘ

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

New York City Comptroller → oversightOf → New York City Employees’ Retirement System ⓘ