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 353,995.5 1,958,888 70.1 100.0 California Public Employees Retirement System
California Teachers 224,868.6 791,396 64.0 79.9 California State Teachers Retirement System
Contra Costa County 8,150.0 22,632 88.5 100.0 Contra Costa County Employees' Retirement Association
LA County ERS 56,300.0 178,260 80.6 100.0 Los Angeles County Employees Retirement Association
San Diego County 12,274.5 42,825 78.5 100.0 San Diego County Employees Retirement Association
San Francisco City & County 24,558.0 73,097 87.0 100.0 San Francisco City and County Retirement System
University of California 66,838.8 241,450 86.6 93.8 University of California Retirement System
Alameda County ERS 6,702.6 23,700 77.2 100.0 Alameda County Employee's Retirement Association {ACERA}
Kern County ERS 4,198.9 19,772 65.1 100.0 Kern County Employees Retirement Association
Los Angeles ERS 14,313.2 53,449 70.1 100.0 Los Angeles City Employees Retirement System {LACERS}
Los Angeles Fire and Police 20,482.6 26,866 92.9 100.0 Los Angeles Fire and Police
Los Angeles Water and Power 12,277.1 21,007 91.1 101.9 Los Angeles Water and Power
Orange County ERS 14,481.7 45,629 72.4 104.3 Orange County ERS
Sacramento County ERS 9,251.9 28,069 81.4 100.0 Sacramento County ERS
San Diego City ERS 8,075.2 16,737 70.8 100.5 San Diego City ERS

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 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 8.7 6.3

Source: Public Plans Database and Census of Governments.