Kern County Employees Retirement Association Basics, by Plan
| Plan | Assets (millions) | Total Members |
|---|---|---|
| Kern County ERS | 23,104 | |
| Other Plans | 0 | 0 |
| Total | 0 | 23,104 |
Source: Public Plans Database (as of 2023)
Note: Kern County Employees Retirement Association has 0 other plans.
Assets
Assets at Year-End
Kern County Employees Retirement Association
2001-2023
| Fiscal Year | Net Assets (billions) |
|---|---|
| 2001 | 1.5 |
| 2002 | 1.4 |
| 2003 | 1.8 |
| 2004 | 2.0 |
| 2005 | 2.2 |
| 2006 | 2.5 |
| 2007 | 2.9 |
| 2008 | 2.7 |
| 2009 | 2.0 |
| 2010 | 2.3 |
| 2011 | 2.8 |
| 2012 | 2.8 |
| 2013 | 3.1 |
| 2014 | 3.6 |
| 2015 | 3.6 |
| 2016 | 3.6 |
| 2017 | 4.0 |
| 2018 | 4.2 |
| 2019 | 4.3 |
| 2020 | 4.4 |
| 2021 | 5.4 |
| 2022 | 5.1 |
| 2023 | null |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year | Kern County Employees Retirement Association | US State and Local Pensions |
|---|---|---|
| 2001 | 1.8 | 2.4 |
| 2002 | 1.8 | 2.3 |
| 2003 | 1.7 | 2.2 |
| 2004 | 1.7 | 2.1 |
| 2005 | 1.6 | 2.1 |
| 2006 | 1.6 | 2.0 |
| 2007 | 1.6 | 2.0 |
| 2008 | 1.6 | 1.9 |
| 2009 | 1.5 | 1.9 |
| 2010 | 1.4 | 1.8 |
| 2011 | 1.2 | 1.7 |
| 2012 | 1.2 | 1.6 |
| 2013 | 1.2 | 1.5 |
| 2014 | 1.2 | 1.4 |
| 2015 | 1.1 | 1.4 |
| 2016 | 1.1 | 1.4 |
| 2017 | 1.1 | 1.4 |
| 2018 | 1.1 | 1.3 |
| 2019 | 1.1 | 1.3 |
| 2020 | 1.1 | 1.3 |
| 2021 | 1.0 | 1.2 |
| 2022 | 1.0 | 1.2 |
| 2023 | 1.0 | 1.2 |
Membership for Kern County Employees Retirement Association
Error fetching PPD data: No columns provided
Cash Flows
2023 Cash Flows for Kern County Employees Retirement Association (millions)
| Inflows | Outflows | Investment Gains (losses) | Change in Net Assets |
|---|---|---|---|
| null | null | null | null |
Cash Flow as a Percentage of Assets
Kern County Employees Retirement Association
2001-2023
| Fiscal Year | Kern County Employees Retirement Association | National Average |
|---|---|---|
| 2001 | -1.7 | -2.1 |
| 2002 | -2.1 | -2.0 |
| 2003 | 14.5 | -2.5 |
| 2004 | -2.4 | -2.0 |
| 2005 | -1.9 | -2.2 |
| 2006 | -0.6 | -2.2 |
| 2007 | 0.0 | -2.1 |
| 2008 | 0.0 | -2.3 |
| 2009 | -0.4 | -3.1 |
| 2010 | -0.7 | -3.2 |
| 2011 | -0.3 | -3.1 |
| 2012 | -0.6 | -3.3 |
| 2013 | -0.5 | -3.1 |
| 2014 | -0.5 | -2.9 |
| 2015 | -0.9 | -2.8 |
| 2016 | -0.7 | -3.0 |
| 2017 | -0.9 | -2.9 |
| 2018 | -0.8 | -2.6 |
| 2019 | -1.5 | -2.6 |
| 2020 | -0.8 | -2.4 |
| 2021 | -1.2 | -2.1 |
| 2022 | -1.3 | -2.1 |
| 2023 | null | -2.2 |