State Data » South Carolina

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
South Carolina Police 4,570.4 48,558 63.1 100.0 South Carolina Retirement Systems
South Carolina RS 26,414.9 361,187 55.0 100.0 South Carolina Retirement Systems

Source: Public Plans Database (as of 2018)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2017

Fiscal Year SC US
2001 3.8 2.9
2002 3.8 3.0
2003 3.5 3.4
2004 3.3 4.2
2005 3.1 3.8
2006 3.1 3.7
2007 3.2 3.9
2008 3.7 4.2
2009 3.9 4.4
2010 3.7 4.6
2011 3.6 4.9
2012 3.7 5.0
2013 4.2 5.2
2014 3.9 5.6
2015 3.9 5.8
2016 4.0 6.1
2017 4.2 6.0

Source: Public Plans Database and Census of Governments.