“When you’re making these pension contributions, you are actually affecting someone’s family,” said Sherry Chan, who is leaving her role as Chief Actuary after serving for more than six years. “I looked for ways to make our staff aware of how important their work is to the city; to humanize the work that we do.”
Since being chosen for the job in 2015 after longtime Chief Actuary Robert North retired, Ms. Chan has brought her two decades of expertise to the city’s five retirement systems: the New York City Employees' Retirement System, the Teachers' Retirement System, the Fire Pension Fund, the Police Pension Fund and the Board of Education Retirement System. They serve 800,000 active and retired city employees and have over $200 billion in assets.
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