Alabama Teachers Basics

  • Established 1939
  • 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, Alabama Teachers, 2001-2019

Fiscal Year Net Assets (billions)
2001 15.81
2002 14.17
2003 15.69
2004 16.85
2005 18.17
2006 19.21
2007 21.92
2008 18.10
2009 16.12
2010 17.04
2011 16.75
2012 18.95
2013 20.82
2014 22.44
2015 21.75
2016 22.94
2017 24.65
2018 25.94
2019 25.62

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.

Number of Actives per Annuitant, 2001-2019

Fiscal Year Alabama Teachers US State and Local Pensions
2001 2.7 2.4
2002 2.5 2.4
2003 2.3 2.3
2004 2.2 2.2
2005 2.1 2.1
2006 2.1 2.1
2007 2.0 2.0
2008 2.0 2.0
2009 1.8 1.9
2010 1.8 1.8
2011 1.7 1.7
2012 1.6 1.6
2013 1.6 1.5
2014 1.6 1.5
2015 1.5 1.4
2016 1.5 1.4
2017 1.5 1.4
2018 1.4 1.4
2019 1.4 1.3

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Costs

Employer's Annual Required Contribution as a Percentage of Payroll and Portion Paid for Alabama Teachers, 2001-2019

Fiscal Year Portion of Employer ARC paid Portion of Employer ARC left unpaid US Avg Employer ARC ARC as a Percent of Payroll
2001 6.5 0.0 5.9 6.5
2002 6.1 0.0 5.5 6.1
2003 5.1 0.0 6.3 5.1
2004 6.4 0.0 7.8 6.4
2005 6.5 0.0 9.5 6.5
2006 8.0 0.0 10.5 8.0
2007 8.6 0.0 11.4 8.6
2008 11.6 0.0 11.9 11.6
2009 12.1 0.0 12.2 12.1
2010 12.6 0.0 14.7 12.6
2011 12.7 0.0 16.7 12.7
2012 9.9 0.0 17.7 9.9
2013 10.0 0.0 19.0 10.0
2014 11.3 0.0 19.8 11.3
2015 11.6 0.0 20.3 11.6
2016 11.7 0.0 20.3 11.7
2017 11.7 0.0 20.4 11.7
2018 11.9 0.0 21.1 11.9
2019 12.1 0.0 21.8 12.1

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Actuarial Funding

Actuarial Funded Ratio for Alabama Teachers, 2001-2019

Fiscal Year Alabama Teachers National Data
2001 101.4 105.5
2002 97.4 96.9
2003 93.6 93.1
2004 89.6 89.4
2005 83.6 85.5
2006 82.8 84.8
2007 79.5 85.3
2008 77.6 83.7
2009 74.7 78.5
2010 71.1 75.5
2011 67.5 72.8
2012 66.5 69.9
2013 66.2 68.9
2014 67.5 70.5
2015 68.3 70.7
2016 68.3 70.2
2017 68.9 70.8
2018 70.2 72.0
2019 70.2 71.5

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.

Copy this code into your HTML Editor, Blog Post or CMS.

Investments

Asset Allocation for Alabama Teachers, 2019

Category Percent
Equities 68.0
Fixed Income 32.0
Private Equity 0.0
Real Estate 0.0
Cash 0.0
Other 0.0
Commodities 0.0
Hedge Fund 0.0
Misc. Alternatives 0.0

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.

Asset Allocation for State and Local Pensions, 2019

Category Percent
Equities 47.2
Fixed Income 22.9
Private Equity 9.0
Real Estate 9.0
Cash 1.8
Other 0.0
Commodities 1.9
Hedge Fund 6.7
Misc. Alternatives 1.5

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.


Asset allocation for Alabama Teachers, 2001-2019

Fiscal Year Equities Fixed Income Private Equity Real Estate Cash Other Commodities Hedge Fund Misc. Alternatives
2001 42.9 57.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2002 42.0 58.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2003 52.8 47.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2004 58.0 42.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2005 60.2 39.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2006 63.8 36.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2007 65.1 34.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2008 59.7 40.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2009 59.2 40.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2010 59.7 40.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2011 57.4 42.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2012 60.4 39.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2013 65.5 34.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2014 66.8 33.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2015 63.2 36.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2016 64.6 35.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2017 70.5 29.5 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2018 69.6 30.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0
2019 68.0 32.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.


Annual Return as of September 30 for Alabama Teachers, 2001-2019

Fiscal Year Alabama Teachers Assumed return
2001 -6.05 8.00
2002 -7.81 8.00
2003 15.98 8.00
2004 10.71 8.00
2005 11.26 8.00
2006 8.82 8.00
2007 17.46 8.00
2008 -15.36 8.00
2009 -7.94 8.00
2010 8.42 8.00
2011 1.81 8.00
2012 18.30 8.00
2013 14.93 8.00
2014 12.13 8.00
2015 1.04 8.00
2016 10.41 7.88
2017 11.77 7.75
2018 9.42 7.70
2019 2.63 7.70

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Alabama Teachers
2001-2019

Fiscal Year Cash Flow Assets
2001 -343.8 15,814.5
2002 -401.8 14,168.0
2003 -486.8 15,685.6
2004 -466.8 16,853.1
2005 -531.0 18,168.5
2006 -543.1 19,207.8
2007 -601.8 21,918.8
2008 -481.7 18,100.4
2009 -494.3 16,121.0
2010 -531.6 17,037.7
2011 -637.4 16,752.2
2012 -791.3 18,950.1
2013 -862.5 20,820.4
2014 -852.2 22,441.3
2015 -940.5 21,747.7
2016 -1,010.8 22,936.3
2017 -920.9 24,651.5
2018 -969.0 25,935.4
2019 -930.4 25,619.4

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.


Cash Flow as a Percentage of Assets
Alabama Teachers
2001-2019

Fiscal Year Alabama Teachers National Average
2001 -2.2 -2.4
2002 -2.8 -3.3
2003 -3.1 -3.6
2004 -2.8 -3.4
2005 -2.9 -3.5
2006 -2.8 -3.3
2007 -2.7 -3.1
2008 -2.7 -4.0
2009 -3.1 -4.9
2010 -3.1 -4.9
2011 -3.8 -4.2
2012 -4.2 -4.3
2013 -4.1 -4.3
2014 -3.8 -3.4
2015 -4.3 -3.2
2016 -4.4 -3.5
2017 -3.7 -3.3
2018 -3.7 -3.1
2019 -3.6 -3.0

Source: Public Plans Database

National data averages are weighted by plan size.

Copy this code into your HTML Editor, Blog Post or CMS.

2019 Financial Reports

Benefits

Website for Alabama Teachers benefit descriptions.