State Data » West Virginia

Major pension plans in the state

Plan Name Assets (millions) Participants Funded Ratio Percent of ARC Paid Retirement System that Administers the Plan
West Virginia PERS 8,401.1 95,500 97.6 166.1 West Virginia Consolidated Public Retirement Board
West Virginia Teachers 9,400.4 83,087 79.9 111.1 West Virginia Consolidated Public Retirement Board
Charleston (WV) Firemen 330 33.5 227.1 Charleston, WV Firemen's Pension
Charleston (WV) Police 54.0 296 36.9 252.3 Charleston (WV) Police
WV Municipal Police and Fire 35.5 952 133.1 244.8 West Virginia Consolidated Public Retirement Board

Source: Public Plans Database (as of 2023)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2024

Fiscal Year WV US
2001 6.5 2.9
2002 6.3 3.0
2003 5.5 3.4
2004 5.3 4.2
2005 8.3 3.8
2006 4.5 3.7
2007 4.6 3.9
2008 6.5 4.2
2009 7.3 4.4
2010 5.7 4.6
2011 6.4 4.9
2012 6.5 5.0
2013 6.5 5.2
2014 6.5 5.6
2015 5.7 5.8
2016 8.5 6.1
2017 5.6 6.1
2018 5.7 6.4
2019 4.8 6.2
2020 5.5 6.7
2021 5.1 6.3
2022 4.3 6.7
2023 4.8 6.9
2024 5.4 7.1

Source: Public Plans Database and Census of Governments.

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