Anchorage Police and Fire Basics

  • Established 1968
  • Currently closed to new hires
  • Plan covers police and/or fire
  • Plan members not covered by Social Security
  • Single employer

Assets, Participants, and Benefits

Assets at Year-End, Anchorage Police and Fire, 2004-2018

Fiscal Year Net Assets (billions)
2004 0.4
2005 0.4
2006 0.4
2007 0.4
2008 0.3
2009 0.3
2010 0.3
2011 0.3
2012 0.3
2013 0.3
2014 0.3
2015 0.3
2016 0.3
2017 0.4
2018 0.4

Source: Public Plans Database

Number of Actives per Annuitant, 2004-2018

Fiscal Year Anchorage Police and Fire US State and Local Pensions
2004 0.3 1.1
2005 0.2 1.1
2006 0.2 1.1
2007 0.1 1.1
2008 0.1 1.1
2009 0.1 1.1
2010 0.1 1.0
2011 0.1 1.0
2012 0.1 1.0
2013 null 1.0
2014 null 0.9
2015 0.0 0.9
2016 0.0 0.9
2017 0.0 0.9
2018 0.0 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 Anchorage Police and Fire, 2004-2018

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}
2004 null 0.0 20.1 null null
2005 null 0.0 21.2 null null
2006 null 0.0 22.8 null null
2007 0.0 0.0 25.0 0.0 0.0
2008 0.0 0.0 25.2 0.0 0.0
2009 0.0 0.0 26.2 0.0 0.0
2010 118.3 0.0 27.6 118.3 118.3
2011 null null 29.6 null null
2012 null null 31.0 null null
2013 null null 31.2 null null
2014 null null 32.0 null null
2015 306.7 0.0 33.9 306.7 306.7
2016 287.8 0.0 35.3 287.8 287.8
2017 493.0 0.0 32.9 493.0 493.0
2018 null null 32.8 505.1 505.1

Source: Public Plans Database

National data averages are weighted by plan size.

Actuarial Funding

Actuarial Funded Ratio for Anchorage Police and Fire, 2004-2018

Fiscal Year Anchorage Police and Fire National Data
2004 106.7 81.5
2005 106.5 79.2
2006 112.1 80.4
2007 112.1 84.0
2008 74.5 78.7
2009 79.2 77.3
2010 85.1 75.2
2011 76.6 71.9
2012 81.4 70.6
2013 88.8 70.8
2014 86.0 72.1
2015 79.5 74.1
2016 80.4 72.5
2017 94.7 72.1
2018 83.4 72.9

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 Anchorage Police and Fire, 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 Anchorage Police and Fire, 2004-2018

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
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 61.0 26.0 4.0 3.0 1.0 0.0 5.0 0.0 0.0
2015 59.0 27.0 5.0 3.0 0.0 0.0 6.0 0.0 0.0
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 December 31 for Anchorage Police and Fire, 2004-2018

Fiscal Year Anchorage Police and Fire Assumed return
2004 11.54 8.00
2005 6.60 8.00
2006 13.25 8.00
2007 5.20 8.00
2008 -27.12 8.00
2009 20.36 8.00
2010 14.58 8.00
2011 -0.33 8.00
2012 13.95 8.00
2013 18.21 7.90
2014 5.96 8.00
2015 0.92 7.70
2016 8.71 7.70
2017 17.12 6.60
2018 -5.01 6.60

Source: Public Plans Database

National data averages are weighted by plan size.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Anchorage Police and Fire
2004-2018

Fiscal Year Cash Flow Assets
2004 -23.1 395.0
2005 -25.0 395.2
2006 -26.1 419.8
2007 -27.1 413.8
2008 -27.9 277.5
2009 -28.8 299.9
2010 -16.9 323.4
2011 -20.8 300.8
2012 -23.8 316.6
2013 -20.8 349.8
2014 -23.4 344.6
2015 -26.8 319.6
2016 -26.2 318.1
2017 35.4 404.3
2018 -33.0 352.0

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Anchorage Police and Fire
2004-2018

Fiscal Year Anchorage Police and Fire National Average
2004 -5.8 -3.8
2005 -6.3 -3.8
2006 -6.2 -4.0
2007 -6.5 -3.9
2008 -10.0 -6.4
2009 -9.6 -6.1
2010 -5.2 -5.7
2011 -6.9 -7.0
2012 -7.5 -6.8
2013 -5.9 -6.3
2014 -6.8 -5.4
2015 -8.4 -3.3
2016 -8.2 -5.0
2017 8.8 -3.5
2018 -9.4 -3.9

Source: Public Plans Database

National data averages are weighted by plan size.

2010 Financial Reports