NY probably lost another 25% this week. So it`s maybe minus 150%.. It appears to be quite mismanaged...They lost 25% a few years back, never recovered from it-—
From everything I've seen, New York (for all its flaws) has one of the most sound and stable pension systems of any state. Its long-term retiree health care obligations are a different story, but having a comptroller position in the state government who serves as a fiduciary for the state pension fund has been a real asset over the years.