State Data » Maine

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
Maine Local 2,953.2 23,615 89.6 100.0 Maine Public Employees Retirement System
Maine State and Teacher 12,035.6 84,535 81.8 100.0 Maine Public Employees Retirement System

Source: Public Plans Database (as of 2019)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2018

Fiscal Year ME US
2001 4.5 2.9
2002 6.9 3.0
2003 4.5 3.4
2004 4.3 4.2
2005 4.0 3.8
2006 4.1 3.7
2007 4.2 3.9
2008 3.9 4.2
2009 4.3 4.4
2010 4.4 4.6
2011 4.4 4.9
2012 3.4 5.0
2013 3.5 5.2
2014 4.0 5.6
2015 4.2 5.8
2016 4.0 6.1
2017 4.1 6.0
2018 4.4 6.8

Source: Public Plans Database and Census of Governments.