Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Arizona Public Safety | 14,570.5 | 39,696 | 66.8 | Arizona Public Safety Personnel Retirement System | |
| Arizona SRS | 49,779.2 | 647,452 | 71.8 | 100.0 | Arizona State Retirement System |
| Phoenix ERS | 3,384.1 | 17,542 | 72.0 | 107.5 | Phoenix Employees' Retirement System |
| Arizona State Corrections Officers | 3,424.8 | 18,785 | 84.3 | Arizona Public Safety Personnel Retirement System | |
| Tucson Supplemental RS | 6,373 | 75.0 | Tucson Supplemental Retirement System |
Source: Public Plans Database (as of 2023)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2022
| Fiscal Year | AZ | US |
|---|---|---|
| 2001 | 1.8 | 2.9 |
| 2002 | 1.6 | 3.0 |
| 2003 | 1.4 | 3.4 |
| 2004 | 2.0 | 4.2 |
| 2005 | 2.5 | 3.8 |
| 2006 | 2.9 | 3.7 |
| 2007 | 3.2 | 3.9 |
| 2008 | 3.7 | 4.2 |
| 2009 | 4.7 | 4.4 |
| 2010 | 4.6 | 4.6 |
| 2011 | 4.6 | 4.9 |
| 2012 | 4.7 | 5.0 |
| 2013 | 4.9 | 5.2 |
| 2014 | 5.4 | 5.6 |
| 2015 | 5.7 | 5.8 |
| 2016 | 5.7 | 6.1 |
| 2017 | 5.5 | 6.0 |
| 2018 | 5.7 | 6.4 |
| 2019 | 6.3 | 6.2 |
| 2020 | 6.6 | 6.6 |
| 2021 | 5.7 | 6.3 |
| 2022 | 5.9 | 7.5 |