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 | 27,995.0 | 155,440 | 64.9 | 100.0 | Massachusetts State Employees' Retirement System |
| Massachusetts Teachers | 28,791.7 | 159,197 | 52.4 | 100.0 | Massachusetts Teachers Retirement Board |
| Boston RS | 6,403.0 | 36,552 | 62.9 | 102.8 | Boston Retirement Board |
Source: Public Plans Database (as of 2018)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2018
| Fiscal Year | MA | US |
|---|---|---|
| 2001 | 5.4 | 2.9 |
| 2002 | 4.4 | 3.0 |
| 2003 | 5.5 | 3.4 |
| 2004 | 4.1 | 4.2 |
| 2005 | 5.0 | 3.8 |
| 2006 | 5.5 | 3.7 |
| 2007 | 4.2 | 3.9 |
| 2008 | 4.8 | 4.2 |
| 2009 | 5.1 | 4.4 |
| 2010 | 5.5 | 4.6 |
| 2011 | 5.8 | 4.9 |
| 2012 | 5.6 | 5.0 |
| 2013 | 5.6 | 5.2 |
| 2014 | 5.7 | 5.6 |
| 2015 | 5.6 | 5.8 |
| 2016 | 6.2 | 6.1 |
| 2017 | 6.5 | 6.0 |
| 2018 | 5.5 | 6.8 |