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 4,078.0 37,620 100.8 100.0 Maine Public Employees Retirement System
Maine State and Teacher 15,809.7 128,666 95.5 100.0 Maine Public Employees Retirement System

Source: Public Plans Database (as of 2024)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2023

Fiscal Year ME US
2001 3.8 2.9
2002 4.0 3.0
2003 3.8 3.4
2004 3.5 4.2
2005 3.9 3.8
2006 3.6 3.7
2007 3.7 3.9
2008 3.4 4.2
2009 3.7 4.4
2010 3.5 4.6
2011 4.1 4.9
2012 4.7 5.0
2013 2.9 5.2
2014 3.2 5.6
2015 3.5 5.8
2016 3.2 6.1
2017 3.2 6.0
2018 3.1 6.4
2019 2.9 6.2
2020 2.9 6.6
2021 2.3 6.3
2022 2.8 6.7
2023 4.6 6.6

Source: Public Plans Database and Census of Governments.

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