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 | 17,080.6 | 103,799 | 41.6 | 98.9 | Connecticut State Employees Retirement System |
| Connecticut Teachers | 23,117.1 | 91,578 | 51.3 | 100.0 | Connecticut Teachers Retirement Board |
| Connecticut Municipal | 3,367.8 | 19,385 | 77.3 | 88.3 | Connecticut Municipal |
| Hartford MERF | 1,199.9 | 5,471 | 68.1 | 100.0 | Hartford Municipal Employee Retirement Fund |
Source: Public Plans Database (as of 2021)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2021
| Fiscal Year | CT | US |
|---|---|---|
| 2001 | 3.8 | 2.9 |
| 2002 | 3.9 | 3.0 |
| 2003 | 3.8 | 3.4 |
| 2004 | 4.1 | 4.2 |
| 2005 | 4.7 | 3.8 |
| 2006 | 4.9 | 3.7 |
| 2007 | 4.9 | 3.9 |
| 2008 | 12.4 | 4.2 |
| 2009 | 5.7 | 4.4 |
| 2010 | 7.5 | 4.6 |
| 2011 | 6.3 | 4.9 |
| 2012 | 6.7 | 5.0 |
| 2013 | 7.1 | 5.2 |
| 2014 | 8.4 | 5.6 |
| 2015 | 8.9 | 5.8 |
| 2016 | 10.5 | 6.1 |
| 2017 | 10.3 | 6.0 |
| 2018 | 9.6 | 6.4 |
| 2019 | 9.9 | 6.2 |
| 2020 | 9.9 | 6.6 |
| 2021 | 15.0 | 6.8 |