Seattle Employees Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Seattle ERS |
4,010.6 |
21,023 |
| Other Plans |
0.0 |
0 |
| Total |
4,010.6 |
21,023 |
Source: Public Plans Database (as of 2023)
Note: Seattle Employees Retirement System has 0 other plans.
Assets
Assets at Year-End
Seattle Employees Retirement System
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
1.4 |
| 2002 |
null |
| 2003 |
1.5 |
| 2004 |
1.7 |
| 2005 |
1.8 |
| 2006 |
2.0 |
| 2007 |
2.1 |
| 2008 |
1.5 |
| 2009 |
1.6 |
| 2010 |
1.8 |
| 2011 |
1.8 |
| 2012 |
2.0 |
| 2013 |
2.2 |
| 2014 |
2.3 |
| 2015 |
2.3 |
| 2016 |
2.5 |
| 2017 |
2.9 |
| 2018 |
2.7 |
| 2019 |
3.1 |
| 2020 |
3.6 |
| 2021 |
4.1 |
| 2022 |
3.6 |
| 2023 |
4.0 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Seattle Employees Retirement System |
US State and Local Pensions |
| 2001 |
1.9 |
2.4 |
| 2002 |
1.8 |
2.3 |
| 2003 |
1.7 |
2.2 |
| 2004 |
1.7 |
2.1 |
| 2005 |
1.7 |
2.1 |
| 2006 |
1.7 |
2.0 |
| 2007 |
1.7 |
2.0 |
| 2008 |
1.6 |
1.9 |
| 2009 |
1.7 |
1.9 |
| 2010 |
1.6 |
1.8 |
| 2011 |
1.5 |
1.7 |
| 2012 |
1.5 |
1.6 |
| 2013 |
1.5 |
1.5 |
| 2014 |
1.5 |
1.4 |
| 2015 |
1.4 |
1.4 |
| 2016 |
1.4 |
1.4 |
| 2017 |
1.4 |
1.4 |
| 2018 |
1.4 |
1.3 |
| 2019 |
1.3 |
1.3 |
| 2020 |
1.3 |
1.3 |
| 2021 |
1.2 |
1.2 |
| 2022 |
1.2 |
1.2 |
| 2023 |
1.3 |
1.2 |
2023 Membership for Seattle Employees Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 9,740 |
7,616 |
3,667 |
21,023 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Seattle Employees Retirement System
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-10.5 |
1,383.7 |
| 2002 |
null |
null |
| 2003 |
-18.2 |
1,527.5 |
| 2004 |
-14.8 |
1,684.5 |
| 2005 |
-22.8 |
1,791.8 |
| 2006 |
-23.7 |
2,011.2 |
| 2007 |
-30.9 |
2,119.4 |
| 2008 |
-23.0 |
1,477.4 |
| 2009 |
-27.0 |
1,645.3 |
| 2010 |
-41.1 |
1,812.8 |
| 2011 |
-43.5 |
1,753.5 |
| 2012 |
-32.8 |
1,951.4 |
| 2013 |
-24.3 |
2,216.9 |
| 2014 |
-16.7 |
2,322.7 |
| 2015 |
-16.8 |
2,313.0 |
| 2016 |
-14.5 |
2,488.5 |
| 2017 |
-24.8 |
2,852.9 |
| 2018 |
-28.9 |
2,717.4 |
| 2019 |
-33.3 |
3,149.9 |
| 2020 |
-12.1 |
3,641.5 |
| 2021 |
-29.5 |
4,134.8 |
| 2022 |
-43.0 |
3,638.9 |
| 2023 |
-54.6 |
4,010.6 |
2023 Cash Flows for Seattle Employees Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 235.6 |
290.3 |
426.3 |
371.6 |
Cash Flow as a Percentage of Assets
Seattle Employees Retirement System
2001-2023
| Fiscal Year |
Seattle Employees Retirement System |
National Average |
| 2001 |
-0.8 |
-2.1 |
| 2002 |
null |
-2.0 |
| 2003 |
-1.2 |
-2.5 |
| 2004 |
-0.9 |
-2.0 |
| 2005 |
-1.3 |
-2.2 |
| 2006 |
-1.2 |
-2.2 |
| 2007 |
-1.5 |
-2.1 |
| 2008 |
-1.6 |
-2.3 |
| 2009 |
-1.6 |
-3.1 |
| 2010 |
-2.3 |
-3.2 |
| 2011 |
-2.5 |
-3.1 |
| 2012 |
-1.7 |
-3.3 |
| 2013 |
-1.1 |
-3.1 |
| 2014 |
-0.7 |
-2.9 |
| 2015 |
-0.7 |
-2.8 |
| 2016 |
-0.6 |
-3.0 |
| 2017 |
-0.9 |
-2.9 |
| 2018 |
-1.1 |
-2.6 |
| 2019 |
-1.1 |
-2.6 |
| 2020 |
-0.3 |
-2.4 |
| 2021 |
-0.7 |
-2.1 |
| 2022 |
-1.2 |
-2.1 |
| 2023 |
-1.4 |
-2.1 |
