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 | 24,472.1 | 333,098 | 72.0 | 99.4 | Kansas Public Employees Retirement System |
Wichita ERS | 3,002 | 90.3 | Wichita Retirement System | ||
Wichita Police and Fire | 2,280 | 90.2 | Wichita Retirement System |
Source: Public Plans Database (as of 2022)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2022
Fiscal Year | KS | US |
---|---|---|
2001 | 3.1 | 2.9 |
2002 | 3.1 | 3.0 |
2003 | 2.8 | 3.4 |
2004 | 2.5 | 4.2 |
2005 | 3.2 | 3.8 |
2006 | 2.9 | 3.7 |
2007 | 3.8 | 3.9 |
2008 | 3.8 | 4.2 |
2009 | 3.8 | 4.4 |
2010 | 3.8 | 4.6 |
2011 | 4.6 | 4.9 |
2012 | 4.3 | 5.0 |
2013 | 3.9 | 5.2 |
2014 | 4.4 | 5.6 |
2015 | 4.6 | 5.8 |
2016 | 4.2 | 6.1 |
2017 | 6.0 | 6.0 |
2018 | 3.3 | 6.4 |
2019 | 3.4 | 6.2 |
2020 | 3.5 | 6.6 |
2021 | 3.3 | 6.3 |
2022 | 3.2 | 7.5 |