Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| North Carolina Local Government | 25,982.3 | 265,788 | 92.0 | 101.8 | North Carolina Retirement Systems |
| North Carolina Teachers and State Employees | 70,426.7 | 686,329 | 87.8 | 102.4 | North Carolina Retirement Systems |
| Charlotte Firefighters' RS | 551.9 | 1,771 | 87.6 | 71.3 | Charlotte Firefighters' Retirement System |
Source: Public Plans Database (as of 2018)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2017
| Fiscal Year | NC | US |
|---|---|---|
| 2001 | 2.5 | 2.9 |
| 2002 | 1.3 | 3.0 |
| 2003 | 0.9 | 3.4 |
| 2004 | 0.8 | 4.2 |
| 2005 | 1.0 | 3.8 |
| 2006 | 1.2 | 3.7 |
| 2007 | 1.3 | 3.9 |
| 2008 | 1.4 | 4.2 |
| 2009 | 1.7 | 4.4 |
| 2010 | 1.6 | 4.6 |
| 2011 | 2.0 | 4.9 |
| 2012 | 2.0 | 5.0 |
| 2013 | 2.8 | 5.2 |
| 2014 | 2.9 | 5.6 |
| 2015 | 2.9 | 5.8 |
| 2016 | 2.8 | 6.1 |
| 2017 | 3.0 | 6.0 |