Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Kentucky County | 11,837.2 | 222,876 | 54.8 | 100.0 | Kentucky Retirement Systems |
| Kentucky ERS | 4,509.8 | 121,976 | 21.8 | 121.7 | Kentucky Retirement Systems |
| Kentucky Teachers | 24,244.6 | 146,534 | 58.6 | 100.0 | Kentucky Teachers Retirement System |
| Lexington-Fayette County Police and Fire | 888.9 | 2,573 | 70.7 | 100.0 | Lexington-Fayette County Policemen's and Firefighters' Retirement Fund |
Source: Public Plans Database (as of 2023)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2022
| Fiscal Year | KY | US |
|---|---|---|
| 2001 | 2.6 | 2.9 |
| 2002 | 2.5 | 3.0 |
| 2003 | 2.0 | 3.4 |
| 2004 | 2.9 | 4.2 |
| 2005 | 3.5 | 3.8 |
| 2006 | 4.5 | 3.7 |
| 2007 | 4.7 | 3.9 |
| 2008 | 5.6 | 4.2 |
| 2009 | 6.0 | 4.4 |
| 2010 | 6.1 | 4.6 |
| 2011 | 6.7 | 4.9 |
| 2012 | 7.7 | 5.0 |
| 2013 | 8.6 | 5.2 |
| 2014 | 9.0 | 5.6 |
| 2015 | 9.3 | 5.8 |
| 2016 | 9.3 | 6.1 |
| 2017 | 8.4 | 6.0 |
| 2018 | 8.3 | 6.4 |
| 2019 | 9.6 | 6.2 |
| 2020 | 9.8 | 6.6 |
| 2021 | 9.5 | 6.3 |
| 2022 | 10.6 | 7.5 |