New York City Pension Fund

The New York City Pension Fund manages retirement savings for city employees, including police, firefighters, teachers, and other workers. It collects contributions from employees and the city, then invests these funds in a diversified portfolio—stocks, bonds, real estate, and more—to generate returns. The goal is to ensure there is enough money to pay retirees' pensions in the future. The fund is overseen by a board of trustees who aim to balance risk and growth, safeguarding financial stability while providing retirement security for public workers.