Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
Oklahoma PERS | 9,593.1 | 76,511 | 98.6 | 203.3 | Oklahoma Public Employees Retirement System |
Oklahoma Teachers | 17,283.9 | 167,619 | 72.4 | 107.5 | Oklahoma Teachers Retirement System |
Oklahoma Police | 2,618.9 | 8,879 | 102.5 | 222.5 | Oklahoma Police Pension and Retirement System |
Oklahoma City ERS | 755.5 | 4,273 | 96.1 | 99.4 | Oklahoma City Employee Retirement System |
Oklahoma Municipal Employees | 597.9 | 6,447 | 91.1 | Oklahoma Municipal Employees |
Source: Public Plans Database (as of 2019)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2018
Fiscal Year | OK | US |
---|---|---|
2001 | 5.2 | 2.9 |
2002 | 4.8 | 3.0 |
2003 | 4.6 | 3.4 |
2004 | 4.0 | 4.2 |
2005 | 4.7 | 3.8 |
2006 | 4.7 | 3.7 |
2007 | 5.2 | 3.9 |
2008 | 5.3 | 4.2 |
2009 | 5.1 | 4.4 |
2010 | 5.6 | 4.6 |
2011 | 5.1 | 4.9 |
2012 | 5.5 | 5.0 |
2013 | 5.5 | 5.2 |
2014 | 5.5 | 5.6 |
2015 | 5.7 | 5.8 |
2016 | 6.1 | 6.1 |
2017 | 5.8 | 6.0 |
2018 | 5.1 | 6.4 |