COA ERS administers pension and other benefits for general employees of the City of Austin. The city maintains separate plans for its police officers and firefighters.
Austin Employees' Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Austin ERS |
2,959.8 |
19,497 |
| Other Plans |
0 |
0 |
| Total |
2,959.8 |
19,497 |
Source: Public Plans Database (as of 2022)
Note: Austin Employees' Retirement System has 0 other plans.
Assets
Assets at Year-End
Austin Employees' Retirement System
2001-2022
| Fiscal Year |
Net Assets (billions) |
| 2001 |
1.2 |
| 2002 |
1.0 |
| 2003 |
1.3 |
| 2004 |
1.4 |
| 2005 |
1.5 |
| 2006 |
1.6 |
| 2007 |
1.7 |
| 2008 |
1.2 |
| 2009 |
1.5 |
| 2010 |
1.7 |
| 2011 |
1.7 |
| 2012 |
1.9 |
| 2013 |
2.1 |
| 2014 |
2.2 |
| 2015 |
2.1 |
| 2016 |
2.3 |
| 2017 |
2.7 |
| 2018 |
2.5 |
| 2019 |
2.9 |
| 2020 |
3.2 |
| 2021 |
3.6 |
| 2022 |
3.0 |
Membership
Ratio of Actives to Beneficiaries, 2001-2022
| Fiscal Year |
Austin Employees' Retirement System |
US State and Local Pensions |
| 2001 |
3.0 |
2.4 |
| 2002 |
2.7 |
2.3 |
| 2003 |
2.5 |
2.2 |
| 2004 |
2.4 |
2.1 |
| 2005 |
2.3 |
2.1 |
| 2006 |
2.3 |
2.0 |
| 2007 |
2.3 |
2.0 |
| 2008 |
2.3 |
1.9 |
| 2009 |
2.0 |
1.9 |
| 2010 |
1.9 |
1.8 |
| 2011 |
1.8 |
1.7 |
| 2012 |
1.7 |
1.6 |
| 2013 |
1.7 |
1.5 |
| 2014 |
1.7 |
1.4 |
| 2015 |
1.6 |
1.4 |
| 2016 |
1.6 |
1.4 |
| 2017 |
1.5 |
1.4 |
| 2018 |
1.5 |
1.3 |
| 2019 |
1.5 |
1.3 |
| 2020 |
1.5 |
1.3 |
| 2021 |
1.4 |
1.2 |
| 2022 |
1.4 |
1.2 |
2022 Membership for Austin Employees' Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 10,438 |
7,530 |
1,529 |
19,497 |
2 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Austin Employees' Retirement System
2001-2022
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-20.2 |
1,172.1 |
| 2002 |
-16.7 |
1,042.4 |
| 2003 |
-28.9 |
1,259.5 |
| 2004 |
-30.2 |
1,375.0 |
| 2005 |
-32.4 |
1,460.8 |
| 2006 |
-31.8 |
1,608.9 |
| 2007 |
-25.7 |
1,698.2 |
| 2008 |
-27.8 |
1,234.5 |
| 2009 |
-34.1 |
1,511.3 |
| 2010 |
-29.8 |
1,711.6 |
| 2011 |
-23.8 |
1,665.8 |
| 2012 |
-22.5 |
1,863.5 |
| 2013 |
-19.9 |
2,130.6 |
| 2014 |
-20.5 |
2,209.8 |
| 2015 |
-17.4 |
2,144.8 |
| 2016 |
-16.8 |
2,299.7 |
| 2017 |
-26.1 |
2,650.4 |
| 2018 |
-31.8 |
2,461.4 |
| 2019 |
-37.2 |
2,928.0 |
| 2020 |
-35.8 |
3,199.5 |
| 2021 |
-45.6 |
3,565.1 |
| 2022 |
-55.3 |
2,959.8 |
2022 Cash Flows for Austin Employees' Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 215.8 |
271.1 |
-550.1 |
-605.4 |
Cash Flow as a Percentage of Assets
Austin Employees' Retirement System
2001-2022
| Fiscal Year |
Austin Employees' Retirement System |
National Average |
| 2001 |
-1.7 |
-2.1 |
| 2002 |
-1.6 |
-2.4 |
| 2003 |
-2.3 |
-2.6 |
| 2004 |
-2.2 |
-2.0 |
| 2005 |
-2.2 |
-2.2 |
| 2006 |
-2.0 |
-2.2 |
| 2007 |
-1.5 |
-2.1 |
| 2008 |
-2.3 |
-2.3 |
| 2009 |
-2.3 |
-3.1 |
| 2010 |
-1.7 |
-3.2 |
| 2011 |
-1.4 |
-3.1 |
| 2012 |
-1.2 |
-3.3 |
| 2013 |
-0.9 |
-3.1 |
| 2014 |
-0.9 |
-2.9 |
| 2015 |
-0.8 |
-2.8 |
| 2016 |
-0.7 |
-3.0 |
| 2017 |
-1.0 |
-2.9 |
| 2018 |
-1.3 |
-2.6 |
| 2019 |
-1.3 |
-2.6 |
| 2020 |
-1.1 |
-2.4 |
| 2021 |
-1.3 |
-2.1 |
| 2022 |
-1.9 |
-2.1 |
