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 | 25,254.6 | 326,602 | 72.5 | 96.5 | Kansas Public Employees Retirement System |
Wichita ERS | 728.7 | 2,980 | 93.6 | 100.0 | Wichita Retirement System |
Wichita Police and Fire | 898.7 | 2,232 | 94.4 | 100.0 | Wichita Retirement System |
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 | KS | US |
---|---|---|
2001 | 1.4 | 2.9 |
2002 | 1.4 | 3.0 |
2003 | 1.3 | 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 | 3.9 | 4.4 |
2010 | 4.0 | 4.6 |
2011 | 4.8 | 4.9 |
2012 | 4.2 | 5.0 |
2013 | 3.9 | 5.2 |
2014 | 4.4 | 5.6 |
2015 | 4.5 | 5.8 |
2016 | 4.2 | 6.1 |
2017 | 6.1 | 6.0 |
2018 | 3.4 | 6.4 |
2019 | 3.4 | 6.2 |
2020 | 3.5 | 6.6 |
2021 | 3.6 | 6.8 |