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 32,646.9 294,867 87.8 97.6 North Carolina Retirement Systems
North Carolina Teachers and State Employees 86,391.0 727,397 86.8 100.0 North Carolina Retirement Systems
Charlotte (NC) Firefighters' RS 676.3 1,897 76.9 66.5 Charlotte Firefighters' Retirement System

Source: Public Plans Database (as of 2021)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2021

Fiscal Year NC US
2001 2.5 2.9
2002 1.3 3.0
2003 1.2 3.4
2004 0.8 4.2
2005 1.0 3.8
2006 1.2 3.7
2007 1.4 3.9
2008 1.4 4.2
2009 1.7 4.4
2010 1.6 4.6
2011 2.0 4.9
2012 2.4 5.0
2013 2.8 5.2
2014 2.9 5.6
2015 2.9 5.8
2016 2.9 6.1
2017 3.1 6.0
2018 3.2 6.4
2019 3.7 6.2
2020 3.9 6.6
2021 7.5 6.8

Source: Public Plans Database and Census of Governments.

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