Credit: Mathieu Charrois/Adobe Stock
A large pension plan in New Jersey is moving forward with its plan to withdraw from the state's public fund management system and invest approximately $1.4 billion in private markets in 2025.
The Police and Fireman's Retirement System of New Jersey (PFRSNJ) announced on April 4 that it had completed its split from the New Jersey Division of Investments (DOI). The retirement system is nation's largest police and fire pension plan in the U.S., with a value of approximately $32 billion.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
