NY State & Local ERS (NYSLRS) — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
NY State & Local ERS (NYSLRS) (New York) reported $230.5bn of assets for fiscal year 2025, a one-year investment return of 5.8%, and was 94.3% funded — around the ~80% mark the industry reads as sound.
| Total assets (FY 2025) | $230.5bn |
| 1-year return | 5.8% |
| 5-year return (annualised) | 10.6% |
| 10-year return (annualised) | 7.7% |
| Funded ratio (GASB) | 94.3% |
How the money is invested (asset allocation)
NY State & Local ERS (NYSLRS) held 41.2% of its assets in public equities and 21.2% in fixed income (bonds) for fiscal year 2025 — the largest of 7 sleeves it reports, with the rest below:
| Public equities | 41.2% |
| Fixed income (bonds) | 21.2% |
| Private equity | 15.8% |
| Real estate | 10.8% |
| Commodities | 4.3% |
| Hedge funds | 3.9% |
| Cash | 2.8% |
Compare NY State & Local ERS (NYSLRS) with similar plans
The plans most worth reading NY State & Local ERS (NYSLRS) against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| New York State Teachers | $154.2bn | 10.6% | 99.1% | Same state — New York |
| New York City (NY) ERS | $93.1bn | 10.1% | 82.2% | Same state — New York |
| New York City (NY)Teachers | $82.1bn | 10.9% | 85.4% | Same state — New York |
| New York City (NY) Police | $56.3bn | 9.3% | 85.5% | Same state — New York |
| NY State & Local Police & Fire | $42.6bn | 5.8% | 88.5% | Same state — New York |
| New York City (NY) Fire | $22.1bn | 9.9% | 72.4% | Same state — New York |
Questions this page answers
How much does NY State & Local ERS (NYSLRS) have in assets?
NY State & Local ERS (NYSLRS) reported $230.5bn in total assets for fiscal year 2025, as compiled by the Public Plans Database.
What return did NY State & Local ERS (NYSLRS) make on its investments?
NY State & Local ERS (NYSLRS) reported a 5.8% one-year investment return for fiscal year 2025, and 7.7% a year over the past ten years, per the Public Plans Database.
Is NY State & Local ERS (NYSLRS) fully funded?
NY State & Local ERS (NYSLRS) was 94.3% funded for fiscal year 2025 — above the ~80% mark many treat as reasonably sound. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).
How is NY State & Local ERS (NYSLRS)'s money invested?
NY State & Local ERS (NYSLRS) held 41.2% of its assets in public equities and 21.2% in fixed income (bonds), its largest sleeves for fiscal year 2025 (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.