Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Montana PERS | 7,249.8 | 87,812 | 75.7 | 100.0 | Montana Public Employees Retirement Board and Administration |
| Montana Teachers | 5,151.9 | 46,105 | 74.3 | 100.0 | Montana Teachers Retirement System |
| Montana Municipal Police | 635.1 | 2,274 | 74.8 | 100.0 | Montana Public Employees Retirement Board and Administration |
| Montana Firefighters | 709.4 | 1,731 | 84.8 | 100.0 | Montana Public Employees Retirement Board and Administration |
Source: Public Plans Database (as of 2024)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2024
| Fiscal Year | MT | US |
|---|---|---|
| 2001 | 3.0 | 2.9 |
| 2002 | 3.3 | 3.0 |
| 2003 | 3.1 | 3.4 |
| 2004 | 2.9 | 4.2 |
| 2005 | 3.5 | 3.8 |
| 2006 | 3.3 | 3.7 |
| 2007 | 3.4 | 3.9 |
| 2008 | 3.3 | 4.2 |
| 2009 | 3.5 | 4.4 |
| 2010 | 3.8 | 4.6 |
| 2011 | 4.9 | 4.9 |
| 2012 | 5.4 | 5.0 |
| 2013 | 5.7 | 5.2 |
| 2014 | 5.7 | 5.6 |
| 2015 | 268.7 | 5.8 |
| 2016 | 271.9 | 6.1 |
| 2017 | 125.0 | 6.1 |
| 2018 | 123.1 | 6.4 |
| 2019 | 111.2 | 6.2 |
| 2020 | 118.4 | 6.7 |
| 2021 | 110.3 | 6.3 |
| 2022 | 101.4 | 6.7 |
| 2023 | 4.8 | 6.9 |
| 2024 | 5.4 | 7.1 |