Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
Georgia ERS | 16,547.9 | 113,813 | 71.6 | 100.0 | Georgia Employees Retirement System |
Georgia Teachers | 102,146.7 | 489,872 | 81.3 | 100.0 | Georgia Teachers Retirement System |
Atlanta ERS | 1,909.7 | 6,984 | 72.4 | 100.0 | Atlanta General Employees Pension Fund |
Atlanta Police | 1,501.6 | 3,609 | 79.5 | 100.0 | Atlanta Police Fund |
Atlanta Fire | 928.7 | 2,088 | 74.7 | 100.0 | Atlanta Fire |
Atlanta Education | 237.6 | 2,776 | 42.2 | 100.0 | Atlanta Education |
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 | GA | US |
---|---|---|
2001 | 3.1 | 2.9 |
2002 | 2.9 | 3.0 |
2003 | 3.1 | 3.4 |
2004 | 3.2 | 4.2 |
2005 | 2.9 | 3.8 |
2006 | 2.8 | 3.7 |
2007 | 2.6 | 3.9 |
2008 | 2.9 | 4.2 |
2009 | 3.4 | 4.4 |
2010 | 3.6 | 4.6 |
2011 | 8.2 | 4.9 |
2012 | 4.0 | 5.0 |
2013 | 3.8 | 5.2 |
2014 | 4.5 | 5.6 |
2015 | 4.9 | 5.8 |
2016 | 5.2 | 6.1 |
2017 | 5.6 | 6.0 |
2018 | 7.2 | 6.4 |
2019 | 6.1 | 6.2 |
2020 | 5.8 | 6.6 |
2021 | 6.1 | 6.8 |