Atlanta ERS Basics

  • Established 1927
  • Currently open to new hires
  • Plan covers local employees
  • Plan members not covered by Social Security
  • Single employer

Assets, Participants, and Benefits

Assets at Year-End, Atlanta ERS, 2002-2018

Fiscal Year Net Assets (billions)
2002 0.6
2003 0.7
2004 0.7
2005 0.8
2006 0.8
2007 0.8
2008 0.8
2009 0.8
2010 0.9
2011 1.0
2012 1.0
2013 1.1
2014 1.3
2015 1.3
2016 1.2
2017 1.4
2018 1.5

Source: Public Plans Database

Number of Actives per Annuitant, 2004-2018

Fiscal Year Atlanta ERS US State and Local Pensions
2004 1.2 2.2
2005 1.1 2.1
2006 1.1 2.0
2007 1.1 2.0
2008 1.3 1.9
2009 1.0 1.8
2010 0.9 1.8
2011 0.8 1.7
2012 0.8 1.6
2013 0.8 1.5
2014 0.9 1.5
2015 0.9 1.4
2016 0.9 1.4
2017 1.0 1.5
2018 1.0 1.5

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 Atlanta ERS, 2008-2018

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}
2008 39.1 0.0 10.1 38.4 38.4
2009 46.6 0.0 11.5 46.6 46.6
2010 36.3 0.0 12.8 36.3 36.3
2011 34.0 0.0 13.6 34.0 34.0
2012 25.3 0.0 14.4 25.3 25.3
2013 29.1 0.0 16.6 29.1 29.1
2014 29.6 1.8 16.4 31.4 31.4
2015 31.7 0.0 17.0 31.7 31.7
2016 31.7 0.0 17.0 31.7 31.7
2017 31.1 0.0 14.3 31.1 31.1
2018 27.5 0.0 14.7 27.5 27.5

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for Atlanta ERS, 2002-2018

Fiscal Year Atlanta ERS National Data
2002 68.5 85.4
2003 80.2 83.7
2004 61.3 84.1
2005 59.6 83.5
2006 52.6 86.8
2007 52.2 89.5
2008 55.9 77.0
2009 59.5 73.3
2010 53.7 75.5
2011 51.2 73.4
2012 51.0 74.9
2013 51.2 75.4
2014 55.5 77.4
2015 57.8 79.1
2016 60.4 76.5
2017 67.0 77.6
2018 68.1 75.6

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 Atlanta ERS, 2018

Category Percent
Equities null
Fixed Income null
Private Equity null
Real Estate null
Cash null
Other null
Commodities null
Hedge Fund null
Misc. Alternatives null

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 Atlanta ERS, 2001-2018

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 null null null null null null null null null
2002 null null null null null null null null null
2003 null null null null null null null null null
2004 null null null null null null null null null
2005 null null null null null null null null null
2006 null null null null null null null null null
2007 null null null null null null null null null
2008 null null null null null null null null null
2009 null null null null null null null null null
2010 null null null null null null null null null
2011 null null null null null null null null null
2012 null null null null null null null null null
2013 null null null null null null null null null
2014 null null null null null null null null null
2015 null null null null null null null null null
2016 null null null null null null null null null
2017 null null null null null null null null null
2018 null null null null null null null null null

Source: Public Plans Database


Annual Return as of June 30 for Atlanta ERS, 2001-2018

Fiscal Year Atlanta ERS Assumed return
2001 -1.86 8.00
2002 -7.67 8.00
2003 15.12 8.00
2004 10.24 8.00
2005 0.90 8.00
2006 0.06 8.00
2007 9.06 8.00
2008 -13.98 8.00
2009 17.62 8.00
2010 14.65 8.00
2011 1.02 8.00
2012 13.80 8.00
2013 16.32 7.50
2014 8.36 7.50
2015 -0.26 7.50
2016 8.33 7.50
2017 13.32 7.25
2018 10.27 7.25

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Atlanta ERS
2002-2018

Fiscal Year Cash Flow Assets
2002 -16.5 601.7
2003 -20.8 673.2
2004 -8.7 741.1
2005 3.1 775.9
2006 -1.5 774.9
2007 0.4 830.3
2008 5.9 828.6
2009 2.3 782.4
2010 -28.7 850.6
2011 -36.9 963.5
2012 -66.7 1,027.8
2013 -61.4 1,129.9
2014 -65.0 1,274.7
2015 -52.8 1,284.8
2016 -45.5 1,246.7
2017 -46.8 1,368.8
2018 -48.1 1,456.1

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Atlanta ERS
2002-2018

Fiscal Year Atlanta ERS National Average
2002 -2.7 -1.0
2003 -3.1 -0.9
2004 -1.2 -0.5
2005 0.4 -0.5
2006 -0.2 -0.6
2007 0.0 -0.6
2008 0.7 -0.8
2009 0.3 -1.4
2010 -3.4 -1.3
2011 -3.8 -1.6
2012 -6.5 -1.6
2013 -5.4 -2.0
2014 -5.1 -1.8
2015 -4.1 -0.5
2016 -3.6 -2.4
2017 -3.4 -2.3
2018 -3.3 -2.6

Source: Public Plans Database

National data averages are weighted by plan size.

2018 Financial Reports

Benefits

Website for Atlanta ERS benefit descriptions.