Major pension plans in the state
| Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
|---|---|---|---|---|---|
| Pennsylvania School Employees | 72,112.3 | 527,320 | 63.7 | 100.0 | Pennsylvania Public School Employees Retirement System |
| Pennsylvania State ERS | 36,424.9 | 242,164 | 69.6 | 100.0 | Pennsylvania State Employees Retirement System |
| Pennsylvania Municipal | 3,286.4 | 16,624 | 98.6 | Pennsylvania Municipal Retirement System | |
| Philadelphia Municipal | 7,808.1 | 64,369 | 62.2 | 145.3 | Philadelphia Municipal Retirement System |
| Pittsburgh Police | Pittsburgh Policemen's Relief and Pension Fund | ||||
| Pittsburgh Municipal | Pittsburgh Municipal | ||||
| Pittsburgh Fire | Pittsburgh Fire |
Source: Public Plans Database (as of 2023)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2023
| Fiscal Year | PA | US |
|---|---|---|
| 2001 | 1.4 | 2.9 |
| 2002 | 1.2 | 3.0 |
| 2003 | 1.2 | 3.4 |
| 2004 | 2.3 | 4.2 |
| 2005 | 2.8 | 3.8 |
| 2006 | 3.5 | 3.7 |
| 2007 | 3.8 | 3.9 |
| 2008 | 4.5 | 4.2 |
| 2009 | 4.4 | 4.4 |
| 2010 | 4.9 | 4.6 |
| 2011 | 5.6 | 4.9 |
| 2012 | 6.2 | 5.0 |
| 2013 | 6.7 | 5.2 |
| 2014 | 7.5 | 5.6 |
| 2015 | 8.1 | 5.8 |
| 2016 | 8.1 | 6.1 |
| 2017 | 8.6 | 6.0 |
| 2018 | 6.8 | 6.4 |
| 2019 | 7.8 | 6.2 |
| 2020 | 6.9 | 6.6 |
| 2021 | 7.4 | 6.3 |
| 2022 | 17.2 | 6.7 |
| 2023 | 8.1 | 6.6 |