New York City Retirement Systems Administrative Review Report – Part II for Office of the Comptroller

This report summarizes the administrative review performed by Milliman of the five New York City Retirement Systems (“NYCRS”):

• New York City Employees’ Retirement System (NYCERS)
• Teachers’ Retirement System of the City of New York (TRS)
• Board of Education Retirement System of the City of New York (BERS)
• New York City Police Pension Fund (POLICE)
• New York City Fire Pension Fund (FIRE)