Baton Rouge City Parish RS Basics

  • Established 1953
  • 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, Baton Rouge City Parish RS, 2004-2018

Fiscal Year Net Assets (billions)
2004 0.9
2005 0.9
2006 1.0
2007 1.0
2008 0.7
2009 0.9
2010 0.9
2011 0.9
2012 1.0
2013 1.1
2014 1.1
2015 1.0
2016 1.1
2017 1.2
2018 1.1

Source: Public Plans Database

Number of Actives per Annuitant, 2001-2018

Fiscal Year Baton Rouge City Parish RS US State and Local Pensions
2001 1.4 3.1
2002 1.3 2.9
2003 1.3 2.5
2004 1.2 2.5
2005 1.1 2.5
2006 1.1 2.4
2007 1.1 2.3
2008 1.1 2.2
2009 1.1 2.1
2010 1.0 1.8
2011 1.0 1.7
2012 0.9 1.7
2013 1.0 1.6
2014 0.9 1.5
2015 0.9 1.5
2016 0.8 1.5
2017 0.8 1.5
2018 0.8 1.4

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 Baton Rouge City Parish RS, 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 8.7 2.2 9.5 10.9 10.9
2002 10.0 3.6 10.1 13.5 13.5
2003 11.5 3.6 10.4 15.2 15.2
2004 16.0 0.9 11.1 16.8 16.8
2005 17.9 0.0 12.1 17.0 17.0
2006 19.6 0.0 12.3 17.3 17.3
2007 21.4 0.0 11.6 17.9 17.9
2008 20.3 0.0 10.1 17.1 17.1
2009 16.6 0.3 11.5 16.8 16.8
2010 21.6 0.0 12.8 21.3 21.3
2011 26.4 0.0 13.6 24.8 24.8
2012 27.1 0.0 14.4 25.5 25.5
2013 29.1 0.0 16.7 26.7 26.7
2014 30.2 0.0 16.5 27.6 27.6
2015 30.1 0.0 17.0 28.1 28.1
2016 30.8 0.0 17.0 28.0 28.0
2017 30.2 0.0 14.3 28.8 28.8
2018 34.8 0.0 14.7 32.0 32.0

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for Baton Rouge City Parish RS, 2001-2018

Fiscal Year Baton Rouge City Parish RS National Data
2001 86.0 98.7
2002 83.6 85.4
2003 83.2 83.7
2004 83.6 84.1
2005 83.2 83.5
2006 84.2 86.8
2007 84.6 89.5
2008 78.6 77.0
2009 74.2 73.3
2010 73.9 75.5
2011 72.2 73.4
2012 72.0 74.9
2013 73.0 75.4
2014 71.0 77.4
2015 69.3 79.1
2016 67.9 76.5
2017 67.9 77.6
2018 66.8 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 Baton Rouge City Parish RS, 2018

Category Percent
Equities 50.8
Fixed Income 27.1
Private Equity 4.6
Real Estate 7.1
Cash 0.2
Other 0.0
Commodities 0.0
Hedge Fund 10.2
Misc. Alternatives 0.0

Source: Public Plans Database

Asset Allocation for State and Local Pensions, 2018

Category Percent
Equities 48.1
Fixed Income 22.5
Private Equity 8.9
Real Estate 8.4
Cash 1.8
Other 0.2
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 Baton Rouge City Parish RS, 2004-2018

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2004 67.7 31.5 0.0 0.0 0.8 0.0 0.0 0.0 0.0
2005 65.6 33.5 0.0 0.0 0.9 0.0 0.0 0.0 0.0
2006 61.7 25.0 0.0 5.2 8.1 0.0 0.0 0.0 0.0
2007 62.7 31.0 0.0 5.7 0.6 0.0 0.0 0.0 0.0
2008 56.2 35.1 0.0 7.1 1.6 0.0 0.0 0.0 0.0
2009 67.2 27.7 0.0 3.6 1.4 0.0 0.0 0.0 0.0
2010 62.8 28.3 0.0 3.6 5.3 0.0 0.0 0.0 0.0
2011 60.2 33.5 0.0 5.6 0.7 0.0 0.0 0.0 0.0
2012 59.6 29.1 0.0 9.9 1.4 0.0 0.0 0.0 0.0
2013 64.9 24.5 0.0 5.1 1.1 0.0 0.0 4.4 0.0
2014 58.6 29.4 0.7 5.5 0.5 0.0 0.0 5.3 0.0
2015 56.2 29.5 1.9 6.4 0.4 0.0 0.0 5.6 0.0
2016 56.8 28.7 2.5 6.5 0.4 0.0 0.0 5.1 0.0
2017 54.8 26.1 3.2 6.1 0.1 0.0 0.0 9.7 0.0
2018 50.8 27.1 4.6 7.1 0.2 0.0 0.0 10.2 0.0

Source: Public Plans Database


Annual Return as of December 31 for Baton Rouge City Parish RS, 2001-2018

Fiscal Year Baton Rouge City Parish RS Assumed return
2001 -1.80 8.00
2002 -8.10 8.00
2003 24.00 8.00
2004 11.80 7.75
2005 9.20 null
2006 15.20 null
2007 4.30 7.75
2008 -28.50 7.63
2009 25.40 7.50
2010 15.80 7.50
2011 -1.80 7.50
2012 13.90 7.50
2013 15.70 7.50
2014 5.30 7.25
2015 -0.50 7.25
2016 8.60 7.25
2017 16.70 7.25
2018 -5.40 7.25

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Baton Rouge City Parish RS
2004-2018

Fiscal Year Cash Flow Assets
2004 -26.8 878.1
2005 -26.7 927.0
2006 -27.5 1,032.5
2007 -37.2 1,037.8
2008 -30.0 714.2
2009 -33.1 850.5
2010 -32.5 943.4
2011 -35.7 888.2
2012 -41.9 961.3
2013 -40.3 1,061.4
2014 -38.1 1,073.9
2015 -41.1 1,023.2
2016 -41.9 1,060.4
2017 -42.2 1,180.9
2018 -41.9 1,071.1

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Baton Rouge City Parish RS
2004-2018

Fiscal Year Baton Rouge City Parish RS National Average
2004 -3.1 -1.0
2005 -2.9 -1.2
2006 -2.7 -1.5
2007 -3.6 -1.6
2008 -4.2 -2.7
2009 -3.9 -2.8
2010 -3.4 -2.9
2011 -4.0 -3.4
2012 -4.4 -3.6
2013 -3.8 -3.2
2014 -3.5 -3.4
2015 -4.0 -3.9
2016 -3.9 -3.8
2017 -3.6 -3.5
2018 -3.9 -3.9

Source: Public Plans Database

National data averages are weighted by plan size.

2019 Financial Reports

Benefits

Website for Baton Rouge City Parish RS benefit descriptions.