Pennsylvania Municipal Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Pennsylvania Municipal |
3,286.4 |
16,624 |
| Other Plans |
0 |
0 |
| Total |
3,286.4 |
16,624 |
Source: Public Plans Database (as of 2023)
Note: Pennsylvania Municipal Retirement System has 0 other plans.
Assets
Assets at Year-End
Pennsylvania Municipal Retirement System
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
1.0 |
| 2002 |
0.9 |
| 2003 |
1.1 |
| 2004 |
1.2 |
| 2005 |
1.3 |
| 2006 |
1.5 |
| 2007 |
1.6 |
| 2008 |
1.2 |
| 2009 |
1.4 |
| 2010 |
1.5 |
| 2011 |
1.5 |
| 2012 |
1.7 |
| 2013 |
2.0 |
| 2014 |
2.0 |
| 2015 |
2.0 |
| 2016 |
2.2 |
| 2017 |
2.5 |
| 2018 |
2.3 |
| 2019 |
2.8 |
| 2020 |
3.2 |
| 2021 |
3.5 |
| 2022 |
3.0 |
| 2023 |
3.3 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Pennsylvania Municipal Retirement System |
US State and Local Pensions |
| 2001 |
2.8 |
2.4 |
| 2002 |
2.8 |
2.3 |
| 2003 |
2.8 |
2.2 |
| 2004 |
2.6 |
2.1 |
| 2005 |
2.5 |
2.1 |
| 2006 |
2.4 |
2.0 |
| 2007 |
2.3 |
2.0 |
| 2008 |
2.2 |
1.9 |
| 2009 |
2.1 |
1.9 |
| 2010 |
1.9 |
1.8 |
| 2011 |
1.8 |
1.7 |
| 2012 |
1.6 |
1.6 |
| 2013 |
1.6 |
1.5 |
| 2014 |
1.5 |
1.4 |
| 2015 |
1.4 |
1.4 |
| 2016 |
1.4 |
1.4 |
| 2017 |
1.3 |
1.4 |
| 2018 |
1.3 |
1.3 |
| 2019 |
1.2 |
1.3 |
| 2020 |
1.2 |
1.3 |
| 2021 |
1.1 |
1.2 |
| 2022 |
1.1 |
1.2 |
| 2023 |
1.1 |
1.2 |
2023 Membership for Pennsylvania Municipal Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 7,895 |
7,238 |
1,092 |
16,624 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Pennsylvania Municipal Retirement System
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-8.9 |
997.0 |
| 2002 |
2.3 |
916.7 |
| 2003 |
-12.7 |
1,112.5 |
| 2004 |
-15.0 |
1,237.6 |
| 2005 |
-15.4 |
1,322.4 |
| 2006 |
-27.7 |
1,455.9 |
| 2007 |
-5.9 |
1,564.8 |
| 2008 |
-7.1 |
1,170.6 |
| 2009 |
-14.3 |
1,366.6 |
| 2010 |
-4.6 |
1,542.3 |
| 2011 |
-23.0 |
1,490.2 |
| 2012 |
-16.0 |
1,661.9 |
| 2013 |
-20.9 |
1,951.2 |
| 2014 |
-2.1 |
2,049.6 |
| 2015 |
-46.5 |
1,994.5 |
| 2016 |
-7.1 |
2,151.4 |
| 2017 |
-33.4 |
2,491.6 |
| 2018 |
-29.0 |
2,349.4 |
| 2019 |
-37.6 |
2,792.1 |
| 2020 |
-16.0 |
3,166.7 |
| 2021 |
-55.9 |
3,528.6 |
| 2022 |
-60.6 |
3,019.4 |
| 2023 |
-58.9 |
3,286.4 |
2023 Cash Flows for Pennsylvania Municipal Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 104.6 |
163.5 |
325.9 |
267.0 |
Cash Flow as a Percentage of Assets
Pennsylvania Municipal Retirement System
2001-2023
| Fiscal Year |
Pennsylvania Municipal Retirement System |
National Average |
| 2001 |
-0.9 |
-2.1 |
| 2002 |
0.2 |
-2.0 |
| 2003 |
-1.1 |
-2.5 |
| 2004 |
-1.2 |
-2.0 |
| 2005 |
-1.2 |
-2.2 |
| 2006 |
-1.9 |
-2.2 |
| 2007 |
-0.4 |
-2.1 |
| 2008 |
-0.6 |
-2.3 |
| 2009 |
-1.0 |
-3.1 |
| 2010 |
-0.3 |
-3.2 |
| 2011 |
-1.5 |
-3.1 |
| 2012 |
-1.0 |
-3.3 |
| 2013 |
-1.1 |
-3.1 |
| 2014 |
-0.1 |
-2.9 |
| 2015 |
-2.3 |
-2.8 |
| 2016 |
-0.3 |
-3.0 |
| 2017 |
-1.3 |
-2.9 |
| 2018 |
-1.2 |
-2.6 |
| 2019 |
-1.3 |
-2.6 |
| 2020 |
-0.5 |
-2.4 |
| 2021 |
-1.6 |
-2.1 |
| 2022 |
-2.0 |
-2.1 |
| 2023 |
-1.8 |
-2.1 |
