St. Louis School Employees Basics

  • Established 1944
  • Currently open to new hires
  • Plan covers teachers
  • Plan members covered by Social Security
  • Multiple employer, cost sharing plan

Assets, Participants, and Benefits

Assets at Year-End, St. Louis School Employees, 2001-2018

Fiscal Year Net Assets (billions)
2001 0.9
2002 0.9
2003 1.0
2004 1.1
2005 1.1
2006 1.1
2007 1.2
2008 0.8
2009 0.9
2010 0.9
2011 0.9
2012 0.9
2013 1.0
2014 0.9
2015 0.9
2016 0.9
2017 0.9
2018 0.8

Source: Public Plans Database

Number of Actives per Annuitant, 2001-2018

Fiscal Year St. Louis School Employees US State and Local Pensions
2001 1.8 1.8
2002 1.9 1.9
2003 1.6 1.6
2004 1.5 1.4
2005 1.3 1.2
2006 1.2 1.1
2007 1.1 1.0
2008 1.1 1.0
2009 1.1 1.0
2010 0.9 0.9
2011 1.1 1.0
2012 1.1 1.0
2013 1.0 1.0
2014 1.1 1.0
2015 1.1 1.0
2016 1.1 1.0
2017 1.1 1.0
2018 1.1 1.0

Source: Public Plans Database

National data averages are weighted by plan size.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for St. Louis School Employees, 2001-2018

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll {role:annotation}
2001 7.5 0.0 5.9 7.4 7.4
2002 6.8 0.0 5.5 6.7 6.7
2003 7.7 0.0 6.3 7.6 7.6
2004 10.6 0.0 7.8 8.0 8.0
2005 10.4 0.0 9.5 8.5 8.5
2006 7.4 0.0 10.5 6.5 6.5
2007 10.0 0.0 11.4 7.7 7.7
2008 11.9 0.0 11.9 9.0 9.0
2009 11.8 0.0 12.2 8.8 8.8
2010 11.9 0.0 14.7 8.9 8.9
2011 12.2 0.0 16.7 10.3 10.3
2012 13.1 0.0 17.7 11.5 11.5
2013 15.2 0.0 19.1 14.5 14.5
2014 16.9 0.0 20.2 15.7 15.7
2015 15.1 0.0 20.2 14.8 14.8
2016 15.9 0.0 20.3 15.2 15.2
2017 19.2 0.0 20.6 18.7 18.7
2018 15.7 0.4 21.0 16.1 16.1

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for St. Louis School Employees, 2001-2018

Fiscal Year St. Louis School Employees National Data
2001 80.5 105.5
2002 82.1 96.9
2003 84.0 93.1
2004 86.3 89.4
2005 87.6 85.5
2006 87.2 84.8
2007 87.6 85.3
2008 87.6 83.7
2009 88.4 78.6
2010 88.6 75.5
2011 84.9 72.8
2012 84.3 69.9
2013 84.4 68.9
2014 84.8 70.5
2015 84.9 70.7
2016 73.7 70.2
2017 72.8 71.4
2018 71.6 72.7

Source: Public Plans Database

National data averages are weighted by plan size and reflects the average for plans of similar type and Social Security coverage.

Investments

Asset Allocation for St. Louis School Employees, 2018

Category Percent
Equities 44.4
Fixed Income 32.5
Private Equity 5.2
Real Estate 5.9
Cash 5.1
Other 0.0
Commodities 0.0
Hedge Fund 6.9
Misc. Alternatives 0.0

Source: Public Plans Database

Asset Allocation for State and Local Pensions, 2018

Category Percent
Equities 48.3
Fixed Income 22.2
Private Equity 9.0
Real Estate 8.4
Cash 1.8
Other 0.3
Commodities 1.9
Hedge Fund 7.0
Misc. Alternatives 1.2

Source: Public Plans Database

National data averages are weighted by plan size.


Asset allocation for St. Louis School Employees, 2001-2018

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 47.4 35.0 5.0 0.0 2.0 0.0 0.0 10.4 0.0
2002 44.0 40.8 5.0 0.0 0.3 0.0 0.0 9.9 0.0
2003 51.3 34.2 2.3 1.5 0.3 0.0 0.0 10.4 0.0
2004 48.1 26.1 1.1 4.7 2.8 0.0 0.0 17.2 0.0
2005 51.1 23.6 0.7 4.6 2.6 0.0 0.0 17.2 0.0
2006 50.5 23.2 0.7 4.9 3.1 0.0 0.0 17.5 0.0
2007 48.5 23.8 1.1 4.9 2.4 0.0 0.0 19.3 0.0
2008 40.5 26.1 2.3 6.6 3.9 0.0 0.0 20.7 0.0
2009 47.4 20.2 2.6 4.7 3.3 0.0 0.0 21.8 0.0
2010 48.2 19.3 2.8 5.2 2.8 0.0 0.0 21.8 0.0
2011 43.1 18.8 3.0 5.5 3.0 0.0 2.6 24.0 0.0
2012 45.0 18.8 2.9 5.1 2.9 0.0 2.6 22.7 0.0
2013 47.9 16.4 2.4 5.1 4.6 0.0 2.3 21.4 0.0
2014 47.0 16.4 2.0 5.2 5.0 0.0 2.1 22.4 0.0
2015 47.5 16.5 2.2 5.7 5.1 0.0 1.7 21.2 0.0
2016 45.9 19.5 2.3 6.2 5.7 0.0 0.0 20.5 0.0
2017 47.9 19.3 2.8 6.1 4.8 0.0 0.0 19.2 0.0
2018 44.4 32.5 5.2 5.9 5.1 0.0 0.0 6.9 0.0

Source: Public Plans Database


Annual Return as of December 31 for St. Louis School Employees, 2001-2018

Fiscal Year St. Louis School Employees Assumed return
2001 -2.00 8.00
2002 -5.90 8.00
2003 22.80 8.00
2004 12.00 8.00
2005 6.30 8.00
2006 13.60 8.00
2007 9.80 8.00
2008 -24.70 8.00
2009 20.90 8.00
2010 14.90 8.00
2011 -0.10 8.00
2012 12.40 8.00
2013 15.80 8.00
2014 4.50 8.00
2015 -0.50 8.00
2016 6.30 7.50
2017 16.20 7.50
2018 -5.00 7.50

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
St. Louis School Employees
2001-2018

Fiscal Year Cash Flow Assets
2001 -29.2 942.2
2002 -30.5 853.6
2003 -40.7 989.1
2004 -48.0 1,060.6
2005 -62.4 1,061.5
2006 -65.8 1,124.5
2007 -76.5 1,151.0
2008 -81.7 809.8
2009 -64.4 891.6
2010 -69.5 937.6
2011 -68.9 868.1
2012 -69.2 896.5
2013 -63.1 962.7
2014 -60.8 936.9
2015 -62.5 868.7
2016 -63.0 850.2
2017 -60.9 914.1
2018 -53.0 819.4

Source: Public Plans Database


Cash Flow as a Percentage of Assets
St. Louis School Employees
2001-2018

Fiscal Year St. Louis School Employees National Average
2001 -3.1 -3.0
2002 -3.6 -3.4
2003 -4.1 -3.9
2004 -4.5 -4.5
2005 -5.9 -5.7
2006 -5.9 -5.8
2007 -6.6 -6.5
2008 -10.1 -9.8
2009 -7.2 -7.4
2010 -7.4 -7.4
2011 -7.9 -7.9
2012 -7.7 -7.8
2013 -6.6 -6.5
2014 -6.5 -6.8
2015 -7.2 -7.3
2016 -7.4 -7.6
2017 -6.7 -6.9
2018 -6.5 -6.7

Source: Public Plans Database

National data averages are weighted by plan size.

2019 Financial Reports

Benefits

Website for St. Louis School Employees benefit descriptions.