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 | 27,798.6 | 286,648 | 89.4 | 102.5 | North Carolina Retirement Systems |
| North Carolina Teachers and State Employees | 74,082.4 | 717,600 | 86.4 | 100.0 | North Carolina Retirement Systems |
| Charlotte Firefighters' RS | 558.0 | 1,848 | 76.5 | 77.8 | Charlotte Firefighters' Retirement System |
Source: Public Plans Database (as of 2020)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2019
| 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 | 3.1 | 6.0 |
| 2018 | 3.2 | 6.4 |
| 2019 | 3.7 | 6.2 |