Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
Nebraska Schools | 12,285.7 | 75,853 | 91.6 | 113.1 | Nebraska Retirement Systems |
Omaha School | 1,378.4 | 13,509 | 62.6 | 102.4 | Omaha School Employee Retirement System |
Omaha Police and Fire | 868.9 | 3,078 | 55.1 | 94.2 | Omaha Police and Fire Pension FundNew |
Omaha ERS | 271.9 | 2,796 | 53.3 | 87.4 | Omaha ERS |
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 | NE | US |
---|---|---|
2001 | 2.1 | 2.9 |
2002 | 2.2 | 3.0 |
2003 | 1.8 | 3.4 |
2004 | 1.0 | 4.2 |
2005 | 2.0 | 3.8 |
2006 | 2.2 | 3.7 |
2007 | 2.2 | 3.9 |
2008 | 2.2 | 4.2 |
2009 | 2.5 | 4.4 |
2010 | 2.8 | 4.6 |
2011 | 2.9 | 4.9 |
2012 | 3.1 | 5.0 |
2013 | 3.1 | 5.2 |
2014 | 3.2 | 5.6 |
2015 | 3.3 | 5.8 |
2016 | 3.3 | 6.1 |
2017 | 3.3 | 6.0 |
2018 | 3.4 | 6.4 |
2019 | 3.5 | 6.2 |