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 | 16,247.3 | 254,168 | 83.0 | 138.6 | Indiana Public Employees Retirement System |
Indiana Teachers | 13,062.2 | 138,856 | 53.6 | 102.5 | Indiana Public Employees Retirement System |
Marion County Sheriff Retirement Plan | 244.6 | 553 | 117.5 | Marion County Law Enforcement |
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 | IN | US |
---|---|---|
2001 | 4.8 | 2.9 |
2002 | 4.3 | 3.0 |
2003 | 4.2 | 3.4 |
2004 | 4.0 | 4.2 |
2005 | 3.4 | 3.8 |
2006 | 3.0 | 3.7 |
2007 | 4.0 | 3.9 |
2008 | 4.1 | 4.2 |
2009 | 4.0 | 4.4 |
2010 | 4.7 | 4.6 |
2011 | 4.9 | 4.9 |
2012 | 5.2 | 5.0 |
2013 | 5.2 | 5.2 |
2014 | 5.3 | 5.6 |
2015 | 4.9 | 5.8 |
2016 | 4.6 | 6.1 |
2017 | 4.9 | 6.0 |
2018 | 4.7 | 6.4 |
2019 | 4.6 | 6.2 |
2020 | 3.9 | 6.6 |
2021 | 4.0 | 6.8 |