I am a retiree in NYCERS. I noticed in your monthly mailing that the pension funds achieved a 17.4% return in FY '14 and had an annualized rate of return of 13.4% over the past five years. How has this rate of return affected the city's contribution to its pension funds? As a result of these returns, has the city been able to reduce its contribution and realize budgetary savings? If so, how much? Is this information available for all fiscal years? Is it available on-line? Thank you for your attention to this matter.
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