NJ public-worker pension fund returns nearly 11% | NJ Spotlight …

Oct 31, 2024 · Over the last five fiscal years, investment returns have totaled 7.7%, according to the Division of Investment data. As a result, the market value of the share of pension fund …

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NJ Public-worker Pension Fund Returns Nearly 11% | NJ Spotlight …

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Oct 31, 2024 · Over the last five fiscal years, investment returns have totaled 7.7%, according to the Division of Investment data. As a result, the market value of the share of pension fund …

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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 Has Raked In Huge Gains So Far

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Jul 26, 2023 · Derek Hall | NJ Advance Media for NJ.com. New Jersey’s public worker pension fund added another $1 billion in market value in April and May as fund managers continued to …

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N.J. Public Worker Pension Fund Posts Surprisingly Strong ... - Nj.com

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Oct 25, 2023 · 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 …

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Billions Lost In NJ Pension Fund Amid Volatile Economy

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Jul 29, 2022 · NEW JERSEY — The state's public worker pension fund took a hit, losing more than $3 billion on investments in April and May. The fund's total market value dropped to $91.5 …

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Big Public Worker Pension Boost And $3.7B To Tackle State Debt

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Jun 21, 2021 · NJ Advance Media for NJ.com. State Senate Democrats said Monday they’ve reached a deal with Gov. Phil Murphy ’s administration to contribute $6.9 billion to New …

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N.J. Public-worker Pension Fund Reports Hefty Returns. Here

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Jul 23, 2021 · Here’s how much it made through May. New Jersey’s pension fund for public workers returned nearly 25% in the first 11 months of the fiscal year, the state Division of …

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Report: NJ Pension Can’t Survive Without Cuts To Benefits ... - NJBIZ

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Dec 14, 2021 · As of late November, the total pension assets and contributions nearly topped $100 billion – according to the state Division of Investment – marking its highest total in nearly …

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N.J. Public Worker Pension Earnings Fell Short Of Goals During The ...

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Sep 30, 2020 · New Jersey’s pension fund for government workers on Wednesday reported a return of 1.2% in the fiscal year that ended June 30, trailing its policy benchmark and other …

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Investment Boom Bumps Up NJ Pension Plan | NJ Spotlight News

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Sep 30, 2021 · New Jersey’s public-worker pension fund appears to have taken full advantage of Wall Street’s recent hot streak by running up nearly 30% annual returns during the most recent …

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FAQs about NJ public-worker pension fund returns nearly 11% | NJ Spotlight … 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. ...

How much has Murphy contributed to New Jersey's public-worker pension fund?

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 pension fund for the new fiscal year that began on July 1. ...

How much money is deposited in the New Jersey pension fund?

The Department of Treasury announced on July 1 it had deposited $5.8 billion into the pension fund, rather than making quarterly payments throughout the year — a move it estimated would save $700 million over the next 30 years. The remaining $1.1 billion is paid into the fund monthly from the proceeds of New Jersey Lottery ticket sales. ...

Does New Jersey have a pension fund?

Earlier this year, pension fund assets that cover the retirements of police officer and firefighters in New Jersey were formally separated from those managed by the Division of Investment under a law Murphy enacted in 2018. ...

What is New Jersey's largest annual pension contribution?

The lump-sum payment set a record as New Jersey’s largest-ever annual pension contribution, and it is expected to add millions of dollars to the state’s bottom line if professionally managed pension investments match their assumed returns over the next 12 months. ...