Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
Vermont State Employees | 2,276.6 | 17,102 | 69.9 | Vermont State Employees Retirement System | |
Vermont Teachers | 2,339.4 | 21,620 | 57.3 | Vermont Teachers Retirement System | |
Burlington (VT) ERS | 209.4 | 2,134 | 69.7 | 100.0 | Burlington ERS |
Vermont Municipal Employees | 846.0 | 13,256 | 77.1 | Vermont Municipal Employees |
Source: Public Plans Database (as of 2022)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2022
Fiscal Year | VT | US |
---|---|---|
2001 | 2.2 | 2.9 |
2002 | 2.3 | 3.0 |
2003 | 2.2 | 3.4 |
2004 | 2.0 | 4.2 |
2005 | 1.9 | 3.8 |
2006 | 2.0 | 3.7 |
2007 | 1.9 | 3.9 |
2008 | 2.0 | 4.2 |
2009 | 2.1 | 4.4 |
2010 | 2.1 | 4.6 |
2011 | 2.9 | 4.9 |
2012 | 2.7 | 5.0 |
2013 | 2.9 | 5.2 |
2014 | 3.3 | 5.6 |
2015 | 3.5 | 5.8 |
2016 | 3.5 | 6.1 |
2017 | 3.4 | 6.0 |
2018 | 3.3 | 6.4 |
2019 | 3.6 | 6.2 |
2020 | 3.8 | 6.6 |
2021 | 3.5 | 6.3 |
2022 | 5.3 | 7.5 |