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 | 76,493.0 | 535,045 | 64.9 | 100.0 | Pennsylvania Public School Employees Retirement System |
| Pennsylvania State ERS | 38,657.5 | 287,570 | 70.3 | 100.0 | Pennsylvania State Employees Retirement System |
| Pennsylvania Municipal | 3,518.8 | 18,181 | 98.8 | Pennsylvania Municipal Retirement System | |
| Philadelphia (PA) Municipal | 8,566.2 | 65.4 | 115.4 | Philadelphia Municipal Retirement System | |
| Pittsburgh (PA) Police | Pittsburgh Policemen's Relief and Pension Fund | ||||
| Pittsburgh (PA) Municipal | Pittsburgh Municipal | ||||
| Pittsburgh (PA) Fire | Pittsburgh Fire |
Source: Public Plans Database (as of 2024)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2024
| 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 | 5.0 | 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 | 6.1 |
| 2018 | 7.5 | 6.4 |
| 2019 | 7.5 | 6.2 |
| 2020 | 6.9 | 6.7 |
| 2021 | 7.3 | 6.3 |
| 2022 | 8.9 | 6.7 |
| 2023 | 8.3 | 6.9 |
| 2024 | 8.2 | 7.1 |