ALBANY, N.Y. (AP) — The pension fund for New York state and local government workers has grown to $160.4 billion after its most recent quarter.
The Common Retirement Fund is reporting a 4.61 percent return on investments for the period ending Sept. 30. It paid out $2.37 billion.
The fund pays benefits to more than 400,000 retirees and beneficiaries.
It has recouped losses from the 2008 recession, largely from rebounding stock prices.