Orange County ERS Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Orange County ERS |
19,690.0 |
50,633 |
| Other Plans |
0.0 |
0 |
| Total |
19,690.0 |
50,633 |
Source: Public Plans Database (as of 2022)
Note: Orange County ERS has 0 other plans.
Assets
Assets at Year-End
Orange County ERS
2001-2022
| Fiscal Year |
Net Assets (billions) |
| 2001 |
4.6 |
| 2002 |
4.2 |
| 2003 |
5.0 |
| 2004 |
5.6 |
| 2005 |
6.1 |
| 2006 |
7.0 |
| 2007 |
7.9 |
| 2008 |
6.4 |
| 2009 |
7.5 |
| 2010 |
8.5 |
| 2011 |
8.6 |
| 2012 |
9.6 |
| 2013 |
10.8 |
| 2014 |
11.5 |
| 2015 |
11.7 |
| 2016 |
12.8 |
| 2017 |
14.8 |
| 2018 |
14.5 |
| 2019 |
16.7 |
| 2020 |
18.8 |
| 2021 |
21.9 |
| 2022 |
19.7 |
Membership
Ratio of Actives to Beneficiaries, 2001-2022
| Fiscal Year |
Orange County ERS |
US State and Local Pensions |
| 2001 |
2.7 |
2.4 |
| 2002 |
2.6 |
2.3 |
| 2003 |
2.5 |
2.2 |
| 2004 |
2.4 |
2.1 |
| 2005 |
2.2 |
2.1 |
| 2006 |
2.1 |
2.0 |
| 2007 |
2.1 |
2.0 |
| 2008 |
2.0 |
1.9 |
| 2009 |
1.8 |
1.9 |
| 2010 |
1.7 |
1.8 |
| 2011 |
1.6 |
1.7 |
| 2012 |
1.5 |
1.6 |
| 2013 |
1.5 |
1.5 |
| 2014 |
1.4 |
1.4 |
| 2015 |
1.4 |
1.4 |
| 2016 |
1.3 |
1.4 |
| 2017 |
1.3 |
1.4 |
| 2018 |
1.2 |
1.3 |
| 2019 |
1.2 |
1.3 |
| 2020 |
1.1 |
1.3 |
| 2021 |
1.1 |
1.2 |
| 2022 |
1.1 |
1.2 |
2022 Membership for Orange County ERS
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 22,061 |
20,678 |
7,894 |
50,633 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Orange County ERS
2001-2022
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-95.7 |
4,562.5 |
| 2002 |
-103.4 |
4,190.2 |
| 2003 |
-19.7 |
4,959.6 |
| 2004 |
28.4 |
5,557.0 |
| 2005 |
58.8 |
6,077.8 |
| 2006 |
79.1 |
6,987.1 |
| 2007 |
122.0 |
7,894.0 |
| 2008 |
135.5 |
6,360.4 |
| 2009 |
77.7 |
7,503.0 |
| 2010 |
78.6 |
8,470.1 |
| 2011 |
64.8 |
8,585.4 |
| 2012 |
42.7 |
9,632.8 |
| 2013 |
35.1 |
10,821.3 |
| 2014 |
215.6 |
11,536.1 |
| 2015 |
132.1 |
11,657.3 |
| 2016 |
90.6 |
12,809.2 |
| 2017 |
53.1 |
14,801.9 |
| 2018 |
4.4 |
14,481.7 |
| 2019 |
13.1 |
16,678.6 |
| 2020 |
-54.6 |
18,797.2 |
| 2021 |
-97.1 |
21,922.2 |
| 2022 |
-173.6 |
19,690.0 |
2022 Cash Flows for Orange County ERS (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 989.7 |
1,163.3 |
-2,058.6 |
-2,232.2 |
Cash Flow as a Percentage of Assets
Orange County ERS
2001-2022
| Fiscal Year |
Orange County ERS |
National Average |
| 2001 |
-2.1 |
-2.1 |
| 2002 |
-2.5 |
-2.0 |
| 2003 |
-0.4 |
-2.5 |
| 2004 |
0.5 |
-2.0 |
| 2005 |
1.0 |
-2.2 |
| 2006 |
1.1 |
-2.2 |
| 2007 |
1.5 |
-2.1 |
| 2008 |
2.1 |
-2.3 |
| 2009 |
1.0 |
-3.1 |
| 2010 |
0.9 |
-3.2 |
| 2011 |
0.8 |
-3.1 |
| 2012 |
0.4 |
-3.3 |
| 2013 |
0.3 |
-3.1 |
| 2014 |
1.9 |
-2.9 |
| 2015 |
1.1 |
-2.8 |
| 2016 |
0.7 |
-3.0 |
| 2017 |
0.4 |
-2.9 |
| 2018 |
0.0 |
-2.6 |
| 2019 |
0.1 |
-2.6 |
| 2020 |
-0.3 |
-2.4 |
| 2021 |
-0.4 |
-2.1 |
| 2022 |
-0.9 |
-2.1 |
