State Data » Minnesota

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
Duluth Teachers 226.1 3,339 56.9 97.2 Minnesota Teachers Retirement Association
Minneapolis ERF 935.9 3,862 82.0 189.5 Minnesota Public Employees Retirement Association
Minnesota GERF 17,404.8 396,001 73.5 80.3 Minnesota Public Employees Retirement Association
Minnesota State Employees 11,498.6 106,682 83.0 65.6 Minnesota State Retirement System
Minnesota Teachers 20,293.7 178,943 74.1 65.0 Minnesota Teachers Retirement Association
St. Paul Teachers 1,045.4 10,933 61.8 86.0 St. Paul Teachers' Retirement Fund Association
Minnesota Police and Fire 7,273.1 23,374 80.0 86.4 Minnesota Public Employees Retirement Association

Source: Public Plans Database (as of 2014)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2024

Fiscal Year MN US
2001 3.2 2.9
2002 3.5 3.0
2003 3.7 3.4
2004 3.6 4.2
2005 2.4 3.8
2006 2.4 3.7
2007 2.4 3.9
2008 2.7 4.2
2009 3.2 4.4
2010 3.0 4.6
2011 3.3 4.9
2012 2.5 5.0
2013 2.4 5.2
2014 2.9 5.6
2015 3.4 5.8
2016 3.4 6.1
2017 3.3 6.1
2018 3.3 6.4
2019 3.2 6.2
2020 3.2 6.7
2021 2.9 6.3
2022 2.8 6.7
2023 3.0 6.9
2024 4.1 7.1

Source: Public Plans Database and Census of Governments.

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