State Data » California

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
California PERF 372,611.4 1,958,888 70.2 100.0 California Public Employees Retirement System
California Teachers 238,861.9 801,260 66.0 101.7 California State Teachers Retirement System
Contra Costa County 9,257.0 23,450 90.6 100.0 Contra Costa County Employees' Retirement Association
LA County ERS 58,294.8 181,260 77.2 100.0 Los Angeles County Employees Retirement Association
San Diego County 12,862.9 44,030 76.3 102.7 San Diego County Employees Retirement Association
San Francisco City & County 26,078.6 74,935 88.0 100.0 San Francisco City and County Retirement System
University of California 70,343.7 243,474 79.9 87.8 University of California Retirement System
Alameda County ERS 7,894.6 24,235 77.6 100.0 Alameda County Employee's Retirement Association {ACERA}
Kern County ERS 4,345.8 20,569 64.8 100.0 Kern County Employees Retirement Association
Los Angeles ERS 14,895.8 55,254 71.3 100.0 Los Angeles City Employees Retirement System {LACERS}
Los Angeles Fire and Police 21,262.2 27,155 93.6 100.0 Los Angeles Fire and Police
Los Angeles Water and Power 12,987.1 21,340 92.2 100.3 Los Angeles Water and Power
Orange County ERS 16,678.6 47,197 73.2 112.1 Orange County ERS
Sacramento County ERS 9,821.7 28,661 81.6 100.0 Sacramento County ERS
San Diego City ERS 8,436.0 16,710 71.6 100.6 San Diego City ERS

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 CA US
2001 2.5 2.9
2002 2.8 3.0
2003 4.1 3.4
2004 5.8 4.2
2005 5.7 3.8
2006 5.4 3.7
2007 5.4 3.9
2008 5.8 4.2
2009 5.9 4.4
2010 6.2 4.6
2011 7.0 4.9
2012 7.3 5.0
2013 6.5 5.2
2014 7.1 5.6
2015 7.6 5.8
2016 8.0 6.1
2017 8.4 6.0
2018 10.2 6.4

Source: Public Plans Database and Census of Governments.

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