Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
North Dakota PERS | 3,096.7 | 42,566 | 72.2 | 64.2 | North Dakota Public Employees Retirement System |
North Dakota Teachers | 2,616.2 | 21,750 | 66.0 | 98.5 | North Dakota Teachers Fund for Retirement |
Bismarck Employees' Pension Plan | 108.9 | 779 | 91.6 | 80.6 | Bismarck Employees' Pension Plan |
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 | ND | US |
---|---|---|
2001 | 2.1 | 2.9 |
2002 | 2.1 | 3.0 |
2003 | 2.2 | 3.4 |
2004 | 2.1 | 4.2 |
2005 | 2.0 | 3.8 |
2006 | 1.9 | 3.7 |
2007 | 1.8 | 3.9 |
2008 | 1.6 | 4.2 |
2009 | 1.7 | 4.4 |
2010 | 1.6 | 4.6 |
2011 | 1.6 | 4.9 |
2012 | 1.2 | 5.0 |
2013 | 1.5 | 5.2 |
2014 | 2.2 | 5.6 |
2015 | 3.0 | 5.8 |
2016 | 3.3 | 6.1 |
2017 | 3.2 | 6.0 |
2018 | 2.6 | 6.4 |