New Jersey State Pension Fund

URI: https://gptkb.org/entity/New_Jersey_State_Pension_Fund
GPTKB entity
Statements (56)
Predicate Object
gptkbp:instance_of gptkb:fund
gptkbp:annual_report Published yearly
gptkbp:assets $100 billion
$80 billion
gptkbp:beneficiary Public employees
gptkbp:contribution Employee contributions
Employer contributions
gptkbp:data_return 7.5% average annual return
gptkbp:established 1950
gptkbp:financial_reports Audited annually
gptkbp:financials Monitored by actuaries
gptkbp:funding_gap $20 billion
gptkbp:future_goals Long-term growth
gptkbp:governed_by gptkb:New_Jersey_Division_of_Investment
https://www.w3.org/2000/01/rdf-schema#label New Jersey State Pension Fund
gptkbp:investment gptkb:Bonds
Hedge funds
Private equity
Real estate
Inflation
Liquidity risk
Stocks
Market volatility
Credit risk
Interest rate changes
gptkbp:investment_strategy Varies by year
Diversified portfolio
Reviewed periodically
gptkbp:legal_framework New Jersey Statutes
gptkbp:legislation gptkb:Pension_Reform_Act
gptkbp:location gptkb:New_Jersey
gptkbp:membership_fee Variable based on employee salary
gptkbp:mentor External investment firms
gptkbp:pension_benefits Disability benefits
Survivor benefits
Cost-of-living adjustments
Monthly retirement payments
gptkbp:pension_eligibility Age and service requirements
gptkbp:pension_funding State appropriations
Federal grants
State budget allocations
Employee contributions
Employer contributions
Investment income
gptkbp:pension_plans Defined benefit plan
gptkbp:performance gptkb:S&_P_500
gptkbp:public_disclosure Required by law
gptkbp:receives_funding_from Underfunded
gptkbp:retirement Ongoing discussions
gptkbp:risk_management Active risk management policies
gptkbp:signatories gptkb:New_Jersey_State_Treasurer
gptkbp:stakeholders Taxpayers
Retirees
State employees
gptkbp:bfsParent gptkb:In_re:_Merck_&_Co.,_Inc._Securities_Litigation
gptkbp:bfsLayer 7