The pension fund that invests the retirement money for more than 320,000 current and former New York City employees saw an 18.27% net rate of return for the fiscal year ending June 30, but has seen sharply reduced growth since next. The New York City Employees’ Retirement System saw a return rate estimated at 2.43% within July 1 and October 19, according to a document obtained by The New York Sun. A spokeswoman for the city

comptroller confirmed the 2.43% return, which drops down to 2.3% when

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