N.J. public worker pension fund has raked in huge gains so far

Jul 26, 2023 · New Jersey’s public worker pension fund added another $1 billion in market value in April and May as fund managers continued to slowly claw back losses that hit it hard amid …

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N.J. Public Worker Pension Fund Has Raked In Huge Gains So Far

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Jul 26, 2023 · New Jersey’s public worker pension fund added another $1 billion in market value in April and May as fund managers continued to slowly claw back losses that hit it hard amid …

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N.J. Public-worker Pension Fund Just Had A Very Good Year - Nj.com

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Jan 29, 2020 · The State Investment Council oversees New Jersey’s $80 billion public-worker pension fund. Global stocks, which make up nearly half of the fund’s portfolio, were the best …

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New Jersey Public Worker Pension Fund Rebounds By $4B

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Apr 27, 2023 · (TNS) — New Jersey’s public worker pension fund rebounded slightly in the first quarter of 2023, adding about $3.8 billion in market value as fund managers continued to …

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NJ Public-worker Pension Fund’s Notable Record

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Jul 8, 2021 · Buoyed by a recent windfall of tax revenue, Gov. Phil Murphy’s administration announced last week that it has already contributed $5. 8 billion to New Jersey’s public-worker …

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N.J. Public Worker Pension Fund Could Be Heading Toward ... - Nj.com

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May 17, 2021 · New Jersey’s pension fund for state and local government employees earned a preliminary return of 22.6% in the first 10 months of the fiscal year, state Treasurer Elizabeth …

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NJ.com - New Jersey's Public Worker Pension Fund Has Lost.

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New Jersey's public worker pension fund has lost more than $6 billion in market value so far this year.

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N.J. Public Worker Pension Fund Lost Nearly $10B During Rough

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Oct 26, 2022 · New Jersey’s public worker pension fund lost about $9.7 billion in market value in the fiscal year that ended June 30, bringing the fund’s total value down to $86 billion, its lowest …

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How NJ’s Public Pension Fund Has Been Going So Well ... - NJ …

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Nov 26, 2021 · Here’s how NJ pension fund is running up to nearly $100 billion. John Reitmeyer, Budget/Finance Writer | November 26, 2021 | Budget. ... Increased state contributions and …

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FAQs about N.J. public worker pension fund has raked in huge gains so far Coupon?

How much is New Jersey's public worker pension fund worth?

New Jersey’s public worker pension fund gained more than $5 billion in market value in the fiscal year that ended June 30, lifting its total value to about $91.4 billion as it continued to rebound from heavy losses in 2022. ...

Did New Jersey's public-worker pension fund close out last fiscal year?

New Jersey’s public-worker pension fund closed out the last fiscal year with healthy investment gains and a big increase in overall market value, according to new estimates released Wednesday. ...

Does New Jersey's public-worker pension fund have good investment returns?

Strong investment returns have bolstered the bottom line for New Jersey’s public-worker pension fund in recent months. According to the latest preliminary estimates, net investment returns were running near 9% through the end of the third quarter of the current fiscal year, which ends June 30. ...

How does the New Jersey pension fund work?

The pension fund operates separate from the state budget and receives the regular contributions from taxpayers via the annual budget, as well as contributions from government workers. A portion of revenue generated by the New Jersey Lottery is also dedicated, by law, to funding worker retirements, flowing directly into the pension fund monthly. ...

Why is New Jersey's public pension fund so bad?

New Jersey’s public pension fund, which covers the retirements of an estimated 800,000 current and retired government workers, is one of the nation’s worst funded. That’s due, in part, to governors and lawmakers who for years shorted annual pension contributions or, in some years, made no payments at all. ...

Is New Jersey's pension fund a good investment?

Last fiscal year, New Jersey’s pension fund recorded a positive return of nearly 13% from its investments in real assets, which can include fossil fuel assets and natural resources like oil. The fund is heavily invested in some of the world’s largest oil companies, and rising oil prices helped to stem losses in 2022. ...