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 | 21,236.5 | 108,013 | 52.0 | 152.2 | Connecticut State Employees Retirement System |
| Connecticut Teachers | 23,869.7 | 95,554 | 59.8 | 100.0 | Connecticut Teachers Retirement Board |
| Connecticut Municipal | 3,229.8 | 21,025 | 73.0 | 100.0 | Connecticut Municipal |
| Hartford MERF | 1,075.5 | 5,482 | 68.6 | 100.0 | Hartford Municipal Employee Retirement Fund |
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 | 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 | 5.4 | 3.7 |
| 2007 | 6.4 | 3.9 |
| 2008 | 5.7 | 4.2 |
| 2009 | 7.8 | 4.4 |
| 2010 | 7.2 | 4.6 |
| 2011 | 7.0 | 4.9 |
| 2012 | 6.1 | 5.0 |
| 2013 | 6.9 | 5.2 |
| 2014 | 7.1 | 5.6 |
| 2015 | 9.3 | 5.8 |
| 2016 | 9.7 | 6.1 |
| 2017 | 10.7 | 6.0 |
| 2018 | 9.0 | 6.4 |
| 2019 | 10.4 | 6.2 |
| 2020 | 9.1 | 6.6 |
| 2021 | 10.6 | 6.3 |
| 2022 | 8.4 | 6.7 |
| 2023 | 14.0 | 6.6 |