Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Ohio PERS | 98,024.7 | 1,160,478 | 82.6 | 100.0 | Ohio Public Employees Retirement System |
| Ohio Police & Fire | 16,411.1 | 63,666 | 71.2 | 100.0 | Ohio Police & Fire Pension Fund |
| Ohio School Employees | 14,203.0 | 243,084 | 71.9 | 100.0 | Ohio School Employees Retirement System |
| Ohio Teachers | 72,728.4 | 344,256 | 77.2 | 153.7 | Ohio State Teachers Retirement System |
| Cincinnati ERS | 1,576.2 | 6,788 | 71.2 | 54.3 | Cincinnati Employees Retirement System |
Source: Public Plans Database (as of 2020)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2021
| Fiscal Year | OH | US |
|---|---|---|
| 2001 | 6.0 | 2.9 |
| 2002 | 7.2 | 3.0 |
| 2003 | 6.8 | 3.4 |
| 2004 | 6.6 | 4.2 |
| 2005 | 6.0 | 3.8 |
| 2006 | 6.0 | 3.7 |
| 2007 | 6.1 | 3.9 |
| 2008 | 4.6 | 4.2 |
| 2009 | 5.0 | 4.4 |
| 2010 | 7.2 | 4.6 |
| 2011 | 7.3 | 4.9 |
| 2012 | 8.0 | 5.0 |
| 2013 | 7.6 | 5.2 |
| 2014 | 5.6 | 5.6 |
| 2015 | 5.4 | 5.8 |
| 2016 | 5.6 | 6.1 |
| 2017 | 5.9 | 6.0 |
| 2018 | 5.5 | 6.4 |
| 2019 | 5.6 | 6.2 |
| 2020 | 5.6 | 6.6 |
| 2021 | 5.8 | 6.8 |