Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
Indiana PERF | 14,885.9 | 254,207 | 85.4 | 145.3 | Indiana Public Employees Retirement System |
Indiana Teachers | 16,219.4 | 139,284 | 75.0 | 100.1 | Indiana Public Employees Retirement System |
Marion County Sheriff Retirement Plan | 226.9 | 532 | 81.0 | 103.2 | Marion County Law Enforcement |
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 | IN | US |
---|---|---|
2001 | 4.8 | 2.9 |
2002 | 4.4 | 3.0 |
2003 | 4.2 | 3.4 |
2004 | 4.1 | 4.2 |
2005 | 3.5 | 3.8 |
2006 | 3.0 | 3.7 |
2007 | 3.9 | 3.9 |
2008 | 4.0 | 4.2 |
2009 | 4.1 | 4.4 |
2010 | 4.6 | 4.6 |
2011 | 4.8 | 4.9 |
2012 | 5.1 | 5.0 |
2013 | 5.1 | 5.2 |
2014 | 4.8 | 5.6 |
2015 | 4.8 | 5.8 |
2016 | 4.7 | 6.1 |
2017 | 5.1 | 6.0 |
2018 | 4.8 | 6.4 |
2019 | 4.6 | 6.2 |
2020 | 3.9 | 6.6 |
2021 | 3.6 | 6.3 |
2022 | 3.4 | 6.7 |
2023 | 9.7 | 6.6 |