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 33,620.2 334,993 86.9 121.2 North Carolina Retirement Systems
North Carolina Teachers and State Employees 86,309.3 781,203 88.8 100.0 North Carolina Retirement Systems
Charlotte (NC) Firefighters' RS 646.6 2,011 68.8 57.5 Charlotte Firefighters' Retirement System
Charlotte (NC) Law Enforcement 0.0 Charlotte (NC) Law Enforcement

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 NC US
2001 2.2 2.9
2002 1.4 3.0
2003 1.5 3.4
2004 1.5 4.2
2005 1.6 3.8
2006 1.6 3.7
2007 1.5 3.9
2008 1.7 4.2
2009 1.7 4.4
2010 1.8 4.6
2011 2.2 4.9
2012 2.3 5.0
2013 2.1 5.2
2014 2.4 5.6
2015 2.4 5.8
2016 2.3 6.1
2017 2.2 6.1
2018 2.4 6.4
2019 2.7 6.2
2020 3.3 6.7
2021 3.2 6.3
2022 3.2 6.7
2023 4.8 6.9
2024 5.2 7.1

Source: Public Plans Database and Census of Governments.

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