Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Connecticut SERS | 18,603.7 | 106,301 | 48.5 | 142.9 | Connecticut State Employees Retirement System |
| Connecticut Teachers | 21,549.7 | 93,983 | 57.0 | 100.0 | Connecticut Teachers Retirement Board |
| Connecticut Municipal | 3,020.0 | 20,252 | 74.2 | 100.0 | Connecticut Municipal |
| Hartford MERF | 1,020.1 | 5,475 | 68.7 | 100.0 | Hartford Municipal Employee Retirement Fund |
Source: Public Plans Database (as of 2022)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2022
| Fiscal Year | CT | US |
|---|---|---|
| 2001 | 5.9 | 2.9 |
| 2002 | 6.2 | 3.0 |
| 2003 | 5.2 | 3.4 |
| 2004 | 4.1 | 4.2 |
| 2005 | 6.8 | 3.8 |
| 2006 | 5.7 | 3.7 |
| 2007 | 6.6 | 3.9 |
| 2008 | 6.0 | 4.2 |
| 2009 | 7.8 | 4.4 |
| 2010 | 7.2 | 4.6 |
| 2011 | 7.0 | 4.9 |
| 2012 | 6.6 | 5.0 |
| 2013 | 7.2 | 5.2 |
| 2014 | 7.6 | 5.6 |
| 2015 | 9.3 | 5.8 |
| 2016 | 9.7 | 6.1 |
| 2017 | 9.1 | 6.0 |
| 2018 | 8.3 | 6.4 |
| 2019 | 10.4 | 6.2 |
| 2020 | 9.1 | 6.6 |
| 2021 | 10.6 | 6.3 |
| 2022 | 8.6 | 7.5 |