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 392,452.5 2,052,082 70.2 100.0 California Public Employees Retirement System
California Teachers 246,983.7 805,772 67.0 96.9 California State Teachers Retirement System
Contra Costa County 10,070.2 23,708 91.8 100.0 Contra Costa County Employees' Retirement Association
LA County ERS 58,510.4 184,288 76.3 100.0 Los Angeles County Employees Retirement Association
San Diego County 12,909.0 45,157 77.3 101.8 San Diego County Employees Retirement Association
San Francisco City & County 26,620.2 75,198 90.0 100.0 San Francisco City and County Retirement System
University of California 70,977.9 250,976 78.8 97.1 University of California Retirement System
Alameda County ERS 8,730.6 24,642 76.2 100.0 Alameda County Employee's Retirement Association {ACERA}
Kern County ERS 4,438.8 21,136 64.4 100.0 Kern County Employees Retirement Association
Los Angeles ERS 15,012.1 57,120 69.4 100.0 Los Angeles City Employees Retirement System {LACERS}
Los Angeles Fire and Police 21,396.9 27,352 93.2 100.0 Los Angeles Fire and Police
Los Angeles Water and Power 13,353.7 21,911 93.9 99.4 Los Angeles Water and Power
Orange County ERS 18,797.2 47,796 76.5 103.4 Orange County ERS
Sacramento County ERS 9,979.4 29,173 80.6 100.0 Sacramento County ERS
San Diego City ERS 8,305.6 16,707 70.2 100.6 San Diego City ERS

Source: Public Plans Database (as of 2020)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2019

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
2019 9.1 6.2

Source: Public Plans Database and Census of Governments.

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