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 | 15,229.7 | 80,244 | 98.6 | 210.4 | Nebraska Retirement Systems |
Omaha School | 1,580.3 | 13,752 | 64.3 | 105.0 | Omaha School Employee Retirement System |
Omaha Police and Fire | 984.7 | 3,158 | 58.4 | 93.2 | Omaha Police and Fire Pension FundNew |
Omaha ERS | 269.3 | 2,899 | 54.0 | 92.0 | Omaha ERS |
Source: Public Plans Database (as of 2023)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2023
Fiscal Year | NE | US |
---|---|---|
2001 | 2.3 | 2.9 |
2002 | 2.2 | 3.0 |
2003 | 1.6 | 3.4 |
2004 | 1.4 | 4.2 |
2005 | 2.1 | 3.8 |
2006 | 2.3 | 3.7 |
2007 | 2.6 | 3.9 |
2008 | 2.5 | 4.2 |
2009 | 2.7 | 4.4 |
2010 | 3.0 | 4.6 |
2011 | 3.3 | 4.9 |
2012 | 3.6 | 5.0 |
2013 | 3.6 | 5.2 |
2014 | 3.7 | 5.6 |
2015 | 3.4 | 5.8 |
2016 | 3.1 | 6.1 |
2017 | 2.8 | 6.0 |
2018 | 2.8 | 6.4 |
2019 | 3.4 | 6.2 |
2020 | 3.3 | 6.6 |
2021 | 3.2 | 6.3 |
2022 | 3.0 | 6.7 |
2023 | 3.6 | 6.6 |