State Data » North Carolina

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 27,135.9 275,908 90.0 104.3 North Carolina Retirement Systems
North Carolina Teachers and State Employees 72,959.4 695,414 86.4 100.0 North Carolina Retirement Systems
Charlotte Firefighters' RS 558.9 1,812 82.7 69.7 Charlotte Firefighters' 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 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
2018 3.3 6.8

Source: Public Plans Database and Census of Governments.