Pension administration cost benchmark
NYC-Teachers Retirement System of City of New YorkNew York- Detected
- Sep 17, 2026
- 48 days ago
- Sector
- Payroll and Pension
- Est. value
- Free account
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From the meeting
CEM presented a benchmark report on TRS pension administration costs and service for the period ending June 2025. The report highlighted higher costs, a major project spend of $50 per member, and modernization-related spending as key drivers. It also identified service gaps such as online salary and service credit information and slower transfer-out processing, which may shape future system and process improvements.
- Meeting date
- September 17, 2026
- Agency
- NYC-Teachers Retirement System of City of New York
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