Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Alaska PERS | 11,912.3 | 52,740 | 67.9 | 104.2 | Alaska Public Employees Retirement System |
| Alaska Teachers | 6,731.5 | 18,095 | 79.1 | 105.3 | Alaska Teachers Retirement System |
| Anchorage Police and Fire | 413.2 | 0.0 | Anchorage Police and Fire Retirement System |
Source: Public Plans Database (as of 2021)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2022
| Fiscal Year | AK | US |
|---|---|---|
| 2001 | 1.5 | 2.9 |
| 2002 | 1.9 | 3.0 |
| 2003 | 2.5 | 3.4 |
| 2004 | 5.2 | 4.2 |
| 2005 | 5.6 | 3.8 |
| 2006 | 5.2 | 3.7 |
| 2007 | 3.5 | 3.9 |
| 2008 | 1.8 | 4.2 |
| 2009 | 3.0 | 4.4 |
| 2010 | 3.5 | 4.6 |
| 2011 | 4.8 | 4.9 |
| 2012 | 4.8 | 5.0 |
| 2013 | 5.6 | 5.2 |
| 2014 | 6.8 | 5.6 |
| 2015 | 11.1 | 5.8 |
| 2016 | 8.4 | 6.1 |
| 2017 | 5.1 | 6.0 |
| 2018 | 6.0 | 6.4 |
| 2019 | 6.9 | 6.2 |
| 2020 | 7.8 | 6.6 |
| 2021 | 7.6 | 6.3 |
| 2022 | 6.2 | 7.5 |