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 464,578.1 2,233,774 45.6 California Public Employees Retirement System
California Teachers 316,918.5 837,926 75.9 107.7 California State Teachers Retirement System
Contra Costa County 10,808.9 25,263 91.0 100.0 Contra Costa County Employees' Retirement Association
LA County ERS 73,851.9 190,327 79.9 100.4 Los Angeles County Employees Retirement Association
San Diego County 15,771.3 49,310 76.3 101.3 San Diego County Employees Retirement Association
San Francisco City & County 33,688.4 78,761 96.6 100.0 San Francisco City and County Retirement System
University of California 88,262.8 267,847 81.8 72.6 University of California Retirement System
Alameda County ERS 10,193.6 26,411 88.0 100.0 Alameda County Employee's Retirement Association
Kern County ERS 5,386.6 23,104 68.6 100.0 Kern County Employees Retirement Association
Los Angeles ERS 18,048.9 59,533 73.1 100.0 Los Angeles City Employees Retirement System
Los Angeles Fire and Police 26,437.3 27,478 99.5 100.0 Los Angeles Fire and Police
Los Angeles Water and Power 16,424.8 22,560 97.6 97.1 Los Angeles Water and Power
Orange County ERS 21,797.4 52,644 82.6 101.9 Orange County ERS
Sacramento County ERS 12,363.3 31,803 83.9 100.0 Sacramento County ERS
San Diego City ERS 10,586.9 21,568 74.3 109.8 San Diego City ERS

Source: Public Plans Database (as of 2023)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2023

Fiscal Year CA US
2001 3.4 2.9
2002 3.6 3.0
2003 3.5 3.4
2004 6.1 4.2
2005 6.0 3.8
2006 5.8 3.7
2007 5.9 3.9
2008 6.0 4.2
2009 6.7 4.4
2010 6.8 4.6
2011 7.4 4.9
2012 8.1 5.0
2013 7.9 5.2
2014 7.9 5.6
2015 9.3 5.8
2016 9.0 6.1
2017 8.7 6.0
2018 9.4 6.4
2019 9.1 6.2
2020 9.8 6.6
2021 8.8 6.3
2022 8.3 6.7
2023 9.1 6.6

Source: Public Plans Database and Census of Governments.

Copy this code into your HTML Editor, Blog Post or CMS.