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Strengthening Pension Funds and Maximizing Performance

There are nearly 300,000 state and municipal employees, teachers and retirees who are pension plan participants and beneficiaries. We must keep the commitments our State has made to current and future employees and retirees who have paid into our plans, and ensure that we protect the long-term solvency and funding of our pension for the future.

The Treasurer’s Office is responsible for managing the invested assets for nearly 300,000 state and municipal employees, teachers and retirees who are pension plan participants and beneficiaries. We must keep the commitments our State has made to current and future employees and retirees who have paid into our plans, and ensure that we protect the long-term solvency and funding of our pension for the future. We also will need to make sure we are protecting every dollar that should be going toward funding our pension plans by ensuring we are maximizing our investment performance, increasing efficiencies, and reducing fees.