State Data » Rhode Island

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
Rhode Island ERS 6,361.8 54,921 54.5 100.0 Rhode Island Employees Retirement System
Rhode Island Municipal 1,625.1 16,623 80.5 100.0 Rhode Island Employees Retirement System
Providence ERS 367.3 6,678 26.7 103.2 Providence Employees Retirement System

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 RI US
2001 4.1 2.9
2002 3.5 3.0
2003 4.1 3.4
2004 4.6 4.2
2005 4.9 3.8
2006 5.7 3.7
2007 6.5 3.9
2008 7.1 4.2
2009 8.1 4.4
2010 6.6 4.6
2011 6.3 4.9
2012 7.0 5.0
2013 6.6 5.2
2014 6.9 5.6
2015 7.4 5.8
2016 7.9 6.1
2017 8.0 6.0
2018 8.2 6.4

Source: Public Plans Database and Census of Governments.

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