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 | 16,332.5 | 40,839 | 68.6 | Arizona Public Safety Personnel Retirement System | |
| Arizona SRS | 53,359.5 | 661,228 | 72.6 | 100.0 | Arizona State Retirement System |
| Phoenix ERS | 3,615.8 | 20,988 | 72.6 | 109.4 | Phoenix Employees' Retirement System |
| Arizona State Corrections Officers | 3,772.6 | 18,491 | 87.2 | Arizona Public Safety Personnel Retirement System | |
| Tucson Supplemental RS | 956.9 | 6,655 | 75.0 | 131.7 | Tucson Supplemental Retirement System |
Source: Public Plans Database (as of 2024)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2024
| 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 | 3.6 | 4.2 |
| 2009 | 4.7 | 4.4 |
| 2010 | 4.7 | 4.6 |
| 2011 | 4.6 | 4.9 |
| 2012 | 4.5 | 5.0 |
| 2013 | 4.7 | 5.2 |
| 2014 | 5.1 | 5.6 |
| 2015 | 5.6 | 5.8 |
| 2016 | 5.8 | 6.1 |
| 2017 | 5.9 | 6.1 |
| 2018 | 6.2 | 6.4 |
| 2019 | 6.3 | 6.2 |
| 2020 | 6.5 | 6.7 |
| 2021 | 5.6 | 6.3 |
| 2022 | 5.3 | 6.7 |
| 2023 | 7.0 | 6.9 |
| 2024 | 7.3 | 7.1 |