State Data » Massachusetts

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
Massachusetts SRS 36,039.5 158,607 66.5 100.0 Massachusetts State Employees' Retirement System
Massachusetts Teachers 37,088.1 165,307 53.0 100.0 Massachusetts Teachers Retirement Board
Boston RS 9,483.6 37,006 68.9 100.0 Boston Retirement Board

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 MA US
2001 5.4 2.9
2002 4.4 3.0
2003 5.6 3.4
2004 4.7 4.2
2005 5.0 3.8
2006 5.5 3.7
2007 4.7 3.9
2008 4.8 4.2
2009 5.7 4.4
2010 6.4 4.6
2011 5.8 4.9
2012 5.8 5.0
2013 6.2 5.2
2014 6.2 5.6
2015 5.6 5.8
2016 6.3 6.1
2017 7.5 6.0
2018 6.5 6.4
2019 5.4 6.2
2020 5.7 6.6
2021 8.0 6.8

Source: Public Plans Database and Census of Governments.

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