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 | 6,903.3 | 69,149 | 95.0 | 141.2 | West Virginia Consolidated Public Retirement Board |
| West Virginia Teachers | 7,844.3 | 74,588 | 72.8 | 112.1 | West Virginia Consolidated Public Retirement Board |
| Charleston, WV Firemen's Pension | 23.6 | 342 | 12.2 | 66.0 | Charleston, WV Firemen's Pension |
Source: Public Plans Database (as of 2020)
Public Cost
Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2021
| Fiscal Year | WV | US |
|---|---|---|
| 2001 | 5.8 | 2.9 |
| 2002 | 6.1 | 3.0 |
| 2003 | 5.7 | 3.4 |
| 2004 | 6.2 | 4.2 |
| 2005 | 8.6 | 3.8 |
| 2006 | 5.4 | 3.7 |
| 2007 | 4.9 | 3.9 |
| 2008 | 5.3 | 4.2 |
| 2009 | 5.6 | 4.4 |
| 2010 | 6.8 | 4.6 |
| 2011 | 6.7 | 4.9 |
| 2012 | 6.8 | 5.0 |
| 2013 | 6.9 | 5.2 |
| 2014 | 7.3 | 5.6 |
| 2015 | 11.0 | 5.8 |
| 2016 | 12.2 | 6.1 |
| 2017 | 10.9 | 6.0 |
| 2018 | 10.0 | 6.4 |
| 2019 | 6.1 | 6.2 |
| 2020 | 9.6 | 6.6 |
| 2021 | 9.3 | 6.8 |