New York Pension Fund Reaches Record High

New York State's pension fund is at a record high.  

New York State Comptroller Thomas DiNapoli says the fund grew in value to an historic high of more than $176 billion.

That's up about $16 billion from last year.

He credits the 13% return on investment in the fiscal year that ended March 31st  to strong domestic and private equity markets and real estate returns.

DiNapoli is the sole trustee of the fund that holds assets in trust for more than one-million employees and retirees from state and local governments and some public authorities.

It's the the largest pension fund in the country.