Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| New York City ERS | 55,489.5 | 341,890 | 71.4 | 100.0 | New York City Employees Retirement System |
| New York City Teachers | 43,629.5 | 216,687 | 58.6 | 100.0 | New York City Teachers Retirement System |
| New York State Teachers | 107,506.1 | 427,498 | 97.9 | 100.0 | New York State Teachers Retirement System |
| NY State & Local ERS | 156,253.3 | 950,429 | 94.1 | 100.0 | New York State and Local Retirement Systems |
| NY State & Local Police & Fire | 27,386.9 | 66,826 | 92.6 | 100.0 | New York State and Local Retirement Systems |
| New York City Fire | 10,899.8 | 27,656 | 55.1 | 100.0 | New York City Fire |
| New York City Police | 33,482.6 | 85,686 | 70.1 | 100.0 | New York City Police |
Source: Public Plans Database (as of 2016)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2018
| Fiscal Year | NY | US |
|---|---|---|
| 2001 | 1.3 | 2.9 |
| 2002 | 1.6 | 3.0 |
| 2003 | 1.9 | 3.4 |
| 2004 | 3.1 | 4.2 |
| 2005 | 4.6 | 3.8 |
| 2006 | 4.9 | 3.7 |
| 2007 | 5.3 | 3.9 |
| 2008 | 5.7 | 4.2 |
| 2009 | 6.2 | 4.4 |
| 2010 | 6.0 | 4.6 |
| 2011 | 7.7 | 4.9 |
| 2012 | 7.8 | 5.0 |
| 2013 | 8.1 | 5.2 |
| 2014 | 8.4 | 5.6 |
| 2015 | 8.1 | 5.8 |
| 2016 | 7.8 | 6.1 |
| 2017 | 7.6 | 6.0 |
| 2018 | 7.6 | 6.8 |