State Data » California

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
California PERF 439,359.0 2,155,896 81.2 100.0 California Public Employees Retirement System
California Teachers 300,056.3 821,930 74.4 97.6 California State Teachers Retirement System
Contra Costa County 10,053.7 24,617 91.2 100.0 Contra Costa County Employees' Retirement Association
LA County ERS 70,289.6 187,157 79.6 100.0 Los Angeles County Employees Retirement Association
San Diego County 14,504.0 47,217 76.7 100.0 San Diego County Employees Retirement Association
San Francisco City & County 32,798.5 77,003 96.0 100.0 San Francisco City and County Retirement System
University of California 81,428.0 258,485 83.5 77.9 University of California Retirement System
Alameda County ERS 9,175.8 25,708 86.9 100.0 Alameda County Employee's Retirement Association
Kern County ERS 5,131.1 22,106 69.2 99.7 Kern County Employees Retirement Association
Los Angeles ERS 17,106.3 57,695 73.3 100.0 Los Angeles City Employees Retirement System
Los Angeles Fire and Police 25,258.5 27,315 98.0 100.0 Los Angeles Fire and Police
Los Angeles Water and Power 15,513.9 22,250 98.0 105.3 Los Angeles Water and Power
Orange County ERS 19,690.0 50,633 81.5 101.7 Orange County ERS
Sacramento County ERS 11,830.4 30,815 85.8 100.0 Sacramento County ERS
San Diego City ERS 9,988.0 17,344 76.0 100.6 San Diego City ERS

Source: Public Plans Database (as of 2022)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2022

Fiscal Year CA US
2001 3.4 2.9
2002 3.7 3.0
2003 3.6 3.4
2004 6.0 4.2
2005 6.0 3.8
2006 5.9 3.7
2007 6.0 3.9
2008 6.1 4.2
2009 6.7 4.4
2010 6.7 4.6
2011 7.4 4.9
2012 8.4 5.0
2013 8.1 5.2
2014 8.4 5.6
2015 10.0 5.8
2016 9.1 6.1
2017 8.9 6.0
2018 9.6 6.4
2019 9.3 6.2
2020 10.0 6.6
2021 8.9 6.3
2022 9.1 7.5

Source: Public Plans Database and Census of Governments.

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