Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
Kansas PERS | 20,648.1 | 318,283 | 68.4 | 98.7 | Kansas Public Employees Retirement System |
Wichita ERS | 617.9 | 3,011 | 90.8 | 100.0 | Wichita Retirement System |
Source: Public Plans Database (as of 2019)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2018
Fiscal Year | KS | US |
---|---|---|
2001 | 1.8 | 2.9 |
2002 | 2.0 | 3.0 |
2003 | 1.9 | 3.4 |
2004 | 5.5 | 4.2 |
2005 | 2.2 | 3.8 |
2006 | 2.4 | 3.7 |
2007 | 2.6 | 3.9 |
2008 | 2.7 | 4.2 |
2009 | 2.8 | 4.4 |
2010 | 3.0 | 4.6 |
2011 | 3.2 | 4.9 |
2012 | 3.3 | 5.0 |
2013 | 3.2 | 5.2 |
2014 | 3.9 | 5.6 |
2015 | 3.9 | 5.8 |
2016 | 8.7 | 6.1 |
2017 | 5.9 | 6.0 |
2018 | 3.8 | 6.4 |