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 | 9,489.4 | 53,995 | 63.7 | 101.0 | Alaska Public Employees Retirement System |
Alaska Teachers | 5,511.9 | 18,347 | 75.3 | 106.5 | Alaska Teachers Retirement System |
Anchorage Police and Fire | 386.5 | 714 | 88.5 | Anchorage Police and Fire Retirement System |
Source: Public Plans Database (as of 2019)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2018
Fiscal Year | AK | US |
---|---|---|
2001 | 1.9 | 2.9 |
2002 | 2.2 | 3.0 |
2003 | 2.9 | 3.4 |
2004 | 2.9 | 4.2 |
2005 | 3.8 | 3.8 |
2006 | 4.3 | 3.7 |
2007 | 3.0 | 3.9 |
2008 | 1.9 | 4.2 |
2009 | 2.8 | 4.4 |
2010 | 3.0 | 4.6 |
2011 | 2.9 | 4.9 |
2012 | 3.8 | 5.0 |
2013 | 4.6 | 5.2 |
2014 | 5.8 | 5.6 |
2015 | 39.8 | 5.8 |
2016 | 6.3 | 6.1 |
2017 | 6.6 | 6.0 |
2018 | 7.0 | 6.4 |