Major pension plans in the state
Plan Name | Assets (millions) | Participants | Funded Ratio | Percent of ARC Paid | Retirement System that Administers the Plan |
---|---|---|---|---|---|
Wisconsin RS | 127,697.8 | 688,825 | 100.0 | Wisconsin Retirement System | |
Milwaukee City ERS | 5,796.5 | 27,633 | 76.7 | 100.0 | Milwaukee City ERS |
Milwaukee County ERS | 1,706.4 | 12,466 | 70.1 | 98.9 | Milwaukee County Employees Retirement System |
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 | WI | US |
---|---|---|
2001 | 5.4 | 2.9 |
2002 | 5.6 | 3.0 |
2003 | 6.1 | 3.4 |
2004 | 3.4 | 4.2 |
2005 | 5.4 | 3.8 |
2006 | 5.1 | 3.7 |
2007 | 4.9 | 3.9 |
2008 | 2.9 | 4.2 |
2009 | 3.0 | 4.4 |
2010 | 4.2 | 4.6 |
2011 | 4.0 | 4.9 |
2012 | 2.6 | 5.0 |
2013 | 2.3 | 5.2 |
2014 | 2.5 | 5.6 |
2015 | 2.6 | 5.8 |
2016 | 2.5 | 6.1 |
2017 | 2.4 | 6.0 |
2018 | 2.4 | 6.4 |
2019 | 2.4 | 6.2 |
2020 | 2.7 | 6.6 |
2021 | 2.7 | 6.3 |
2022 | 2.5 | 6.7 |
2023 | 2.8 | 6.6 |