Who is responsible for investing pension funds?

  • 1
  • Question
  • Updated 9 years ago
  • Answered
Photo of NYCTaxpayer


  • 303 Posts
  • 0 Reply Likes
  • happy

Posted 9 years ago

  • 1
Photo of FAQ Guru

FAQ Guru, Official Rep

  • 447 Posts
  • 5 Reply Likes
Official Response
The Comptroller of the City of New York is the custodian, and investment advisor of the assets of all five City pension funds. The Comptroller is also a trustee of the four largest of the five pension funds. Each pension fund's Board adopts their own investment policies.