Boston Retirement Board Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Boston RS |
9,586.4 |
51,036 |
| Other Plans |
0 |
0 |
| Total |
9,586.4 |
51,036 |
Source: Public Plans Database (as of 2023)
Note: Boston Retirement Board has 0 other plans.
Assets
Assets at Year-End
Boston Retirement Board
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
null |
| 2002 |
null |
| 2003 |
2.7 |
| 2004 |
3.2 |
| 2005 |
3.5 |
| 2006 |
3.8 |
| 2007 |
4.3 |
| 2008 |
4.6 |
| 2009 |
3.4 |
| 2010 |
4.6 |
| 2011 |
4.5 |
| 2012 |
4.9 |
| 2013 |
5.5 |
| 2014 |
5.7 |
| 2015 |
5.6 |
| 2016 |
5.9 |
| 2017 |
6.8 |
| 2018 |
6.4 |
| 2019 |
7.4 |
| 2020 |
8.3 |
| 2021 |
9.5 |
| 2022 |
8.5 |
| 2023 |
9.6 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Boston Retirement Board |
US State and Local Pensions |
| 2001 |
1.7 |
2.4 |
| 2002 |
1.6 |
2.3 |
| 2003 |
1.5 |
2.2 |
| 2004 |
1.5 |
2.1 |
| 2005 |
1.5 |
2.1 |
| 2006 |
1.5 |
2.0 |
| 2007 |
1.6 |
2.0 |
| 2008 |
1.5 |
1.9 |
| 2009 |
1.4 |
1.9 |
| 2010 |
1.4 |
1.8 |
| 2011 |
1.4 |
1.7 |
| 2012 |
1.4 |
1.6 |
| 2013 |
1.4 |
1.6 |
| 2014 |
1.4 |
1.5 |
| 2015 |
1.4 |
1.5 |
| 2016 |
1.4 |
1.4 |
| 2017 |
1.5 |
1.4 |
| 2018 |
null |
1.4 |
| 2019 |
1.4 |
1.3 |
| 2020 |
1.4 |
1.3 |
| 2021 |
1.4 |
1.2 |
| 2022 |
1.4 |
1.2 |
| 2023 |
1.4 |
1.2 |
2023 Membership for Boston Retirement Board
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 20,511 |
15,005 |
1,482 |
51,036 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Boston Retirement Board
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
null |
null |
| 2002 |
null |
null |
| 2003 |
-29.3 |
2,672.9 |
| 2004 |
-61.4 |
3,236.8 |
| 2005 |
-71.6 |
3,547.8 |
| 2006 |
-43.0 |
3,791.6 |
| 2007 |
-53.7 |
4,266.0 |
| 2008 |
-60.1 |
4,627.8 |
| 2009 |
-59.4 |
3,416.9 |
| 2010 |
87.6 |
4,620.7 |
| 2011 |
-161.5 |
4,471.6 |
| 2012 |
-133.3 |
4,910.5 |
| 2013 |
-120.7 |
5,491.2 |
| 2014 |
-107.2 |
5,674.1 |
| 2015 |
-106.5 |
5,559.3 |
| 2016 |
-75.9 |
5,851.1 |
| 2017 |
-81.3 |
6,766.5 |
| 2018 |
-47.1 |
6,403.0 |
| 2019 |
-14.6 |
7,407.1 |
| 2020 |
20.1 |
8,304.9 |
| 2021 |
16.6 |
9,483.6 |
| 2022 |
48.8 |
8,532.8 |
| 2023 |
141.1 |
9,586.4 |
2023 Cash Flows for Boston Retirement Board (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 922.0 |
780.9 |
912.5 |
1,053.7 |
Cash Flow as a Percentage of Assets
Boston Retirement Board
2001-2023
| Fiscal Year |
Boston Retirement Board |
National Average |
| 2001 |
null |
-2.1 |
| 2002 |
null |
-2.0 |
| 2003 |
-1.1 |
-2.5 |
| 2004 |
-1.9 |
-2.0 |
| 2005 |
-2.0 |
-2.2 |
| 2006 |
-1.1 |
-2.5 |
| 2007 |
-1.3 |
-2.1 |
| 2008 |
-1.3 |
-2.4 |
| 2009 |
-1.7 |
-3.2 |
| 2010 |
1.9 |
-3.2 |
| 2011 |
-3.6 |
-3.1 |
| 2012 |
-2.7 |
-3.3 |
| 2013 |
-2.2 |
-3.2 |
| 2014 |
-1.9 |
-2.9 |
| 2015 |
-1.9 |
-2.8 |
| 2016 |
-1.3 |
-3.0 |
| 2017 |
-1.2 |
-2.9 |
| 2018 |
-0.7 |
-2.6 |
| 2019 |
-0.2 |
-2.6 |
| 2020 |
0.2 |
-2.4 |
| 2021 |
0.2 |
-2.1 |
| 2022 |
0.6 |
-2.1 |
| 2023 |
1.5 |
-2.2 |