State Data » Alabama

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
Alabama ERS 12,720.4 149,484 68.7 100.0 Retirement Systems of Alabama
Alabama Teachers 25,935.4 250,905 70.2 100.0 Retirement Systems of Alabama
Birmingham RRS 1,071.4 7,392 73.4 54.2 Birmingham Retirement & Relief System

Source: Public Plans Database (as of 2018)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2017

Fiscal Year AL US
2001 2.7 2.9
2002 2.6 3.0
2003 2.5 3.4
2004 2.4 4.2
2005 2.7 3.8
2006 3.3 3.7
2007 3.7 3.9
2008 4.6 4.2
2009 5.3 4.4
2010 5.0 4.6
2011 4.9 4.9
2012 4.1 5.0
2013 4.0 5.2
2014 4.7 5.6
2015 4.5 5.8
2016 4.5 6.1
2017 4.5 6.0

Source: Public Plans Database and Census of Governments.