New York City Office of the Actuary

The New York City Office of the Actuary (NYCOA), a non-mayoral agency, provides actuarial information and services for the five major actuarially-funded New York City Retirement Systems and Pension Funds, collectively called the NYCRS, resulting in an annual determination of New York Citys contributions to these retirement systems and pension funds. This information is provided to the Boards of Trustees and staff of the NYCRS, to the City and other employers and labor organizations whose employees participate in the NYCRS, to fiscal oversight entities, to City and State legislators, and to other parties interested in the NYCRS. Actuarial information and services are also provided to the Citys nine Variable Supplements Funds (VSFs), two Tax Deferred Annuity (TDA) Programs, six Group Life Insurance Funds, three closed pension funds, and the New York City Health Benefits Program. The Office of the Actuary also certifies the benefits for employees who retire from the NYCRS. When cha...