Milwaukee City ERS Basics, by Plan
Plan |
Assets (millions) |
Total Members |
Milwaukee City ERS |
5,796.5 |
27,633 |
Other Plans |
0 |
0 |
Total |
5,796.5 |
27,633 |
Source: Public Plans Database (as of 2023)
Note: Milwaukee City ERS has 0 other plans.
Assets
Assets at Year-End
Milwaukee City ERS
2001-2023
Fiscal Year |
Net Assets (billions) |
2001 |
3.9 |
2002 |
3.4 |
2003 |
4.1 |
2004 |
4.4 |
2005 |
4.6 |
2006 |
5.1 |
2007 |
5.2 |
2008 |
3.4 |
2009 |
4.0 |
2010 |
4.3 |
2011 |
4.0 |
2012 |
4.4 |
2013 |
5.0 |
2014 |
5.0 |
2015 |
4.8 |
2016 |
4.9 |
2017 |
5.4 |
2018 |
5.0 |
2019 |
5.6 |
2020 |
5.6 |
2021 |
6.4 |
2022 |
5.5 |
2023 |
5.8 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
Fiscal Year |
Milwaukee City ERS |
US State and Local Pensions |
2001 |
1.3 |
2.4 |
2002 |
1.2 |
2.3 |
2003 |
1.2 |
2.2 |
2004 |
1.1 |
2.1 |
2005 |
1.1 |
2.1 |
2006 |
1.1 |
2.0 |
2007 |
1.1 |
2.0 |
2008 |
1.0 |
1.9 |
2009 |
1.0 |
1.9 |
2010 |
1.0 |
1.8 |
2011 |
0.9 |
1.7 |
2012 |
0.9 |
1.6 |
2013 |
0.9 |
1.5 |
2014 |
0.9 |
1.4 |
2015 |
0.9 |
1.4 |
2016 |
0.9 |
1.4 |
2017 |
0.8 |
1.4 |
2018 |
0.8 |
1.3 |
2019 |
0.8 |
1.3 |
2020 |
0.8 |
1.3 |
2021 |
0.7 |
1.2 |
2022 |
0.7 |
1.2 |
2023 |
0.7 |
1.2 |
2023 Membership for Milwaukee City ERS
Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
10,108 |
13,876 |
3,658 |
27,633 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Milwaukee City ERS
2001-2023
Fiscal Year |
Cash Flow |
Assets |
2001 |
-146.2 |
3,879.5 |
2002 |
-161.4 |
3,356.5 |
2003 |
-163.6 |
4,082.5 |
2004 |
-165.1 |
4,417.9 |
2005 |
-179.6 |
4,606.4 |
2006 |
-192.3 |
5,088.5 |
2007 |
-206.4 |
5,233.3 |
2008 |
-217.5 |
3,402.7 |
2009 |
-171.3 |
4,022.0 |
2010 |
-249.3 |
4,323.5 |
2011 |
-245.0 |
4,010.5 |
2012 |
-173.2 |
4,377.3 |
2013 |
-224.8 |
4,951.1 |
2014 |
-236.9 |
4,953.2 |
2015 |
-235.8 |
4,752.3 |
2016 |
-249.4 |
4,886.7 |
2017 |
-278.0 |
5,396.5 |
2018 |
-285.5 |
4,950.9 |
2019 |
-287.1 |
5,557.1 |
2020 |
-316.5 |
5,649.7 |
2021 |
-329.4 |
6,431.4 |
2022 |
-311.0 |
5,526.0 |
2023 |
-275.3 |
5,796.5 |
2023 Cash Flows for Milwaukee City ERS (millions)
Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
203.7 |
479.1 |
545.9 |
270.5 |
Cash Flow as a Percentage of Assets
Milwaukee City ERS
2001-2023
Fiscal Year |
Milwaukee City ERS |
National Average |
2001 |
-3.8 |
-2.1 |
2002 |
-4.8 |
-2.0 |
2003 |
-4.0 |
-2.5 |
2004 |
-3.7 |
-2.0 |
2005 |
-3.9 |
-2.2 |
2006 |
-3.8 |
-2.2 |
2007 |
-3.9 |
-2.1 |
2008 |
-6.4 |
-2.3 |
2009 |
-4.3 |
-3.1 |
2010 |
-5.8 |
-3.2 |
2011 |
-6.1 |
-3.1 |
2012 |
-4.0 |
-3.3 |
2013 |
-4.5 |
-3.1 |
2014 |
-4.8 |
-2.9 |
2015 |
-5.0 |
-2.8 |
2016 |
-5.1 |
-3.0 |
2017 |
-5.2 |
-2.9 |
2018 |
-5.8 |
-2.6 |
2019 |
-5.2 |
-2.6 |
2020 |
-5.6 |
-2.4 |
2021 |
-5.1 |
-2.1 |
2022 |
-5.6 |
-2.1 |
2023 |
-4.7 |
-2.1 |