Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
Nevada Police Officer and Firefighter | 12,571.9 | 24,389 | 74.6 | 89.0 | Nevada Public Employees Retirement System |
Nevada Regular Employees | 41,492.1 | 182,806 | 74.8 | 88.0 | Nevada Public Employees Retirement System |
Source: Public Plans Database (as of 2022)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2021
Fiscal Year | NV | US |
---|---|---|
2001 | 7.0 | 2.9 |
2002 | 7.0 | 3.0 |
2003 | 6.8 | 3.4 |
2004 | 6.8 | 4.2 |
2005 | 6.6 | 3.8 |
2006 | 6.9 | 3.7 |
2007 | 7.3 | 3.9 |
2008 | 7.9 | 4.2 |
2009 | 8.7 | 4.4 |
2010 | 9.2 | 4.6 |
2011 | 11.7 | 4.9 |
2012 | 9.6 | 5.0 |
2013 | 9.5 | 5.2 |
2014 | 9.8 | 5.6 |
2015 | 10.1 | 5.8 |
2016 | 9.8 | 6.1 |
2017 | 9.4 | 6.0 |
2018 | 13.1 | 6.4 |
2019 | 9.1 | 6.2 |
2020 | 9.4 | 6.6 |
2021 | 9.6 | 6.8 |