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 8,007.3 69,489 98.8 170.4 West Virginia Consolidated Public Retirement Board
West Virginia Teachers 9,001.9 75,286 78.4 117.2 West Virginia Consolidated Public Retirement Board
Charleston (WV) Firemen 28.4 337 14.3 74.8 Charleston, WV Firemen's Pension
Charleston (WV) Police 32.3 313 18.0 82.1 Charleston (WV) Police

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 WV US
2001 6.3 2.9
2002 6.2 3.0
2003 5.4 3.4
2004 5.4 4.2
2005 8.2 3.8
2006 4.6 3.7
2007 4.8 3.9
2008 6.9 4.2
2009 7.2 4.4
2010 5.7 4.6
2011 6.4 4.9
2012 6.8 5.0
2013 6.8 5.2
2014 6.7 5.6
2015 6.2 5.8
2016 8.7 6.1
2017 6.3 6.0
2018 5.3 6.4
2019 5.1 6.2
2020 5.5 6.6
2021 4.8 6.3
2022 5.1 7.5

Source: Public Plans Database and Census of Governments.

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