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 | 65,206.8 | 366,077 | 74.1 | 100.0 | New York City Employees Retirement System |
| New York City Teachers | 54,532.5 | 224,492 | 69.3 | 100.0 | New York City Teachers Retirement System |
| New York State Teachers | 119,915.5 | 430,875 | 99.2 | 100.0 | New York State Teachers Retirement System |
| NY State & Local ERS | 180,173.2 | 987,327 | 95.1 | 100.0 | New York State and Local Retirement Systems |
| NY State & Local Police & Fire | 31,903.7 | 69,816 | 94.0 | 100.0 | New York State and Local Retirement Systems |
| New York City Fire | 13,267.0 | 27,898 | 59.1 | 100.0 | New York City Fire |
| New York City Police | 37,958.9 | 87,177 | 75.2 | 100.0 | New York City Police |
| New York City Educational | 4,672.9 | 45,839 | 76.6 | 100.0 | New York City Educational |
Source: Public Plans Database (as of 2018)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2019
| 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 | 7.7 | 6.0 |
| 2018 | 7.2 | 6.4 |
| 2019 | 7.1 | 6.2 |