Colorado School Basics

  • Established 1931
  • Currently open to new hires
  • Plan covers teachers
  • Plan members not covered by Social Security
  • Multiple employer, cost sharing plan

Assets, Participants, and Benefits

Assets at Year-End, Colorado School, 2005-2018

Fiscal Year Net Assets (billions)
2005 32.0
2006 21.6
2007 23.0
2008 16.4
2009 18.3
2010 19.9
2011 19.3
2012 20.7
2013 22.7
2014 22.9
2015 22.2
2016 22.6
2017 25.4
2018 23.5

Source: Public Plans Database

Number of Actives per Annuitant, 2005-2018

Fiscal Year Colorado School US State and Local Pensions
2005 2.8 2.6
2006 2.7 2.5
2007 2.6 2.5
2008 2.6 2.4
2009 2.5 2.4
2010 2.3 2.3
2011 2.2 2.2
2012 2.1 2.1
2013 2.1 2.1
2014 2.1 2.1
2015 2.0 2.0
2016 2.0 2.0
2017 1.9 1.9
2018 1.9 1.9

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 Colorado School, 2005-2018

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}
2005 9.3 10.1 14.4 19.3 19.3
2006 10.0 6.1 14.4 16.1 16.1
2007 10.3 6.9 14.5 17.2 17.2
2008 11.3 5.3 14.0 16.6 16.6
2009 12.2 6.6 14.3 18.8 18.8
2010 13.1 5.6 17.1 18.7 18.7
2011 14.0 1.7 18.3 15.7 15.7
2012 14.8 2.8 20.3 17.6 17.6
2013 15.6 4.2 20.9 19.8 19.8
2014 16.9 3.1 20.1 20.0 20.0
2015 17.8 4.5 20.4 22.3 22.3
2016 18.7 4.1 20.2 22.8 22.8
2017 19.2 3.8 21.2 23.0 23.0
2018 21.9 5.3 22.9 27.3 27.3

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for Colorado School, 2005-2018

Fiscal Year Colorado School National Data
2005 73.9 77.2
2006 74.1 78.0
2007 75.5 80.7
2008 70.1 78.7
2009 69.2 70.1
2010 64.8 66.7
2011 60.2 65.8
2012 62.1 63.3
2013 60.3 63.7
2014 60.9 64.7
2015 60.7 65.1
2016 56.3 63.1
2017 59.4 63.8
2018 57.9 63.6

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 Colorado School, 2018

Category Percent
Equities 53.4
Fixed Income 24.0
Private Equity 8.8
Real Estate 9.6
Cash 0.6
Other 0.0
Commodities 0.0
Hedge Fund 3.6
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 1.8
Hedge Fund 7.0
Misc. Alternatives 1.2

Source: Public Plans Database

National data averages are weighted by plan size.


Asset allocation for Colorado School, 2005-2018

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2005 60.2 23.4 8.6 6.1 0.6 0.0 1.1 0.0 0.0
2006 59.5 23.5 8.3 6.9 0.7 0.0 1.1 0.0 0.0
2007 59.0 23.9 7.7 7.6 0.7 0.0 1.1 0.0 0.0
2008 51.6 26.6 8.9 8.9 2.5 0.0 0.0 1.5 0.0
2009 58.9 22.4 9.6 6.0 1.2 0.0 0.0 1.9 0.0
2010 57.7 22.9 9.3 7.0 0.6 0.0 0.0 2.1 0.0
2011 55.5 23.6 9.3 8.6 0.9 0.0 0.0 2.1 0.0
2012 56.5 23.3 8.7 8.1 0.9 0.0 0.0 2.5 0.0
2013 58.4 23.4 7.8 7.1 0.8 0.0 0.0 2.5 0.0
2014 56.5 24.9 7.8 7.4 0.9 0.0 0.0 2.5 0.0
2015 55.5 24.7 8.2 8.6 0.8 0.0 0.0 2.2 0.0
2016 55.9 22.7 8.4 9.0 1.4 0.0 0.0 2.6 0.0
2017 57.7 21.9 8.0 8.6 0.4 0.0 0.0 3.4 0.0
2018 53.4 24.0 8.8 9.6 0.6 0.0 0.0 3.6 0.0

Source: Public Plans Database


Annual Return as of December 31 for Colorado School, 2005-2018

Fiscal Year Colorado School Assumed return
2005 9.80 8.50
2006 15.70 8.50
2007 10.00 8.50
2008 -26.00 8.50
2009 17.40 8.00
2010 14.00 8.00
2011 1.90 8.00
2012 12.90 8.00
2013 15.60 7.50
2014 5.70 7.50
2015 1.50 7.50
2016 7.30 7.25
2017 18.10 7.25
2018 -3.50 7.25

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Colorado School
2005-2018

Fiscal Year Cash Flow Assets
2005 -891.1 31,956.7
2006 -646.5 21,636.0
2007 -738.7 23,043.2
2008 -784.6 16,415.8
2009 -854.8 18,302.8
2010 -902.1 19,870.3
2011 -966.3 19,274.6
2012 -1,032.6 20,676.4
2013 -1,072.8 22,740.0
2014 -1,094.4 22,920.6
2015 -1,111.9 22,152.8
2016 -1,140.9 22,581.0
2017 -1,200.7 25,362.7
2018 -1,054.2 23,477.6

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Colorado School
2005-2018

Fiscal Year Colorado School National Average
2005 -2.8 -3.0
2006 -3.0 -3.2
2007 -3.2 -3.4
2008 -4.8 -2.8
2009 -4.7 -4.9
2010 -4.5 -4.7
2011 -5.0 -5.2
2012 -5.0 -5.1
2013 -4.7 -4.8
2014 -4.8 -4.9
2015 -5.0 -5.2
2016 -5.1 -5.2
2017 -4.7 -4.9
2018 -4.5 -4.6

Source: Public Plans Database

National data averages are weighted by plan size.

2018 Financial Reports

Benefits

Website for Colorado School benefit descriptions.