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 | 109,209.7 | 1,199,862 | 83.8 | 100.0 | Ohio Public Employees Retirement System |
Ohio Police & Fire | 18,776.9 | 69.7 | 96.1 | Ohio Police & Fire Pension Fund | |
Ohio School Employees | 17,561.2 | 233,339 | 74.8 | 100.0 | Ohio School Employees Retirement System |
Ohio Teachers | 89,379.0 | 343,861 | 80.1 | 164.9 | Ohio State Teachers Retirement System |
Cincinnati ERS | 1,922.3 | 6,709 | 70.5 | 51.1 | Cincinnati Employees Retirement System |
Source: Public Plans Database (as of 2021)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2021
Fiscal Year | OH | US |
---|---|---|
2001 | 4.4 | 2.9 |
2002 | 6.1 | 3.0 |
2003 | 5.4 | 3.4 |
2004 | 6.6 | 4.2 |
2005 | 6.2 | 3.8 |
2006 | 6.3 | 3.7 |
2007 | 6.3 | 3.9 |
2008 | 5.1 | 4.2 |
2009 | 4.7 | 4.4 |
2010 | 6.3 | 4.6 |
2011 | 7.7 | 4.9 |
2012 | 7.8 | 5.0 |
2013 | 7.7 | 5.2 |
2014 | 8.2 | 5.6 |
2015 | 5.9 | 5.8 |
2016 | 5.7 | 6.1 |
2017 | 5.8 | 6.0 |
2018 | 5.7 | 6.4 |
2019 | 4.8 | 6.2 |
2020 | 5.2 | 6.6 |
2021 | 5.3 | 6.8 |