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 6,925.5 68,288 93.9 127.0 West Virginia Consolidated Public Retirement Board
West Virginia Teachers 7,898.7 73,743 71.1 111.3 West Virginia Consolidated Public Retirement Board
Charleston, WV Firemen's Pension 22.2 347 11.3 63.1 Charleston, WV Firemen's Pension

Source: Public Plans Database (as of 2019)

Public Cost

Annual Required Contribution as percent of State and Local Own-Source Revenue, 2001-2019

Fiscal Year WV US
2001 5.8 2.9
2002 6.0 3.0
2003 5.7 3.4
2004 6.2 4.2
2005 8.6 3.8
2006 1.7 3.7
2007 1.5 3.9
2008 5.3 4.2
2009 5.4 4.4
2010 6.1 4.6
2011 6.7 4.9
2012 6.8 5.0
2013 6.9 5.2
2014 7.3 5.6
2015 7.1 5.8
2016 9.1 6.1
2017 7.4 6.0
2018 6.4 6.4
2019 6.1 6.2

Source: Public Plans Database and Census of Governments.

Copy this code into your HTML Editor, Blog Post or CMS.