Retired Member Annuity
Annuity Summary
The Annuity Fund is an employer contributed plan. Contributions are made by the City of the New York into the Annuity fund on the behalf of the member while he/she is actively employed and these contributions terminate upon retirement. The Annuity Fund is a balanced fund with 75% in equities and 25% in fixed income. It is invested by various money managers hired by the board of trustees of the CEA and LBA. Currently, the annuity is invested in an S&P 500 enhanced index fund, a large cap value fund, large cap growth fund, an international fund, a small cap core fund, and a fixed income fund.
Checking Accumulated Share Value
To check the accumulated share value based upon the latest quarterly evaluation, the member can call the SOC at 212.964.7500 (ext 1)