Liu Touts Pension Fund Gains

City Comptroller John Liu is out with a release this morning touting big new gains in the city’s pension fund.

According to the report, the New York City Pension Funds recorded investment returns of more than 20 percent in Fiscal Year 2011, the first time in 13 years that they have achieved this mark. FY 2011 was the first full year that Liu was the steward of the city’s pension fund, and the report notes that the gains were six percent better than the previous year’s, due to stock and bond market recoveries “as well as new actions taken by the Comptroller’s office.” Read More

Liu Touts Pension Fund Gains