Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
Iowa PERS | 34,047.7 | 322,789 | 84.0 | 100.6 | Iowa Public Employees Retirement System |
Iowa Municipal Fire and Police | 2,592.7 | 8,649 | 79.9 | 100.0 | Iowa Municipal Fire and Police |
Des Moines Water Works | 61.1 | 342 | 87.0 | 100.0 | Des Moines Water Works |
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 | IA | US |
---|---|---|
2001 | 2.5 | 2.9 |
2002 | 2.4 | 3.0 |
2003 | 2.4 | 3.4 |
2004 | 2.5 | 4.2 |
2005 | 2.5 | 3.8 |
2006 | 2.4 | 3.7 |
2007 | 2.4 | 3.9 |
2008 | 2.4 | 4.2 |
2009 | 2.5 | 4.4 |
2010 | 2.7 | 4.6 |
2011 | 2.7 | 4.9 |
2012 | 3.0 | 5.0 |
2013 | 3.2 | 5.2 |
2014 | 3.4 | 5.6 |
2015 | 3.3 | 5.8 |
2016 | 3.3 | 6.1 |
2017 | 2.9 | 6.0 |
2018 | 2.8 | 6.4 |
2019 | 2.9 | 6.2 |