Detroit Employees General Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Detroit General RS |
1,733.6 |
19,278 |
| Other Plans |
0.0 |
0 |
| Total |
1,733.6 |
19,278 |
Source: Public Plans Database (as of 2023)
Note: Detroit Employees General Retirement System has 0 other plans.
Assets
Assets at Year-End
Detroit Employees General Retirement System
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
2.7 |
| 2002 |
2.4 |
| 2003 |
2.3 |
| 2004 |
2.5 |
| 2005 |
3.3 |
| 2006 |
3.5 |
| 2007 |
3.8 |
| 2008 |
3.4 |
| 2009 |
2.4 |
| 2010 |
2.2 |
| 2011 |
2.4 |
| 2012 |
2.2 |
| 2013 |
2.1 |
| 2014 |
2.0 |
| 2015 |
2.2 |
| 2016 |
2.0 |
| 2017 |
2.0 |
| 2018 |
2.0 |
| 2019 |
1.9 |
| 2020 |
1.8 |
| 2021 |
2.1 |
| 2022 |
1.8 |
| 2023 |
1.7 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Detroit Employees General Retirement System |
US State and Local Pensions |
| 2001 |
1.1 |
2.4 |
| 2002 |
1.1 |
2.3 |
| 2003 |
1.1 |
2.2 |
| 2004 |
1.0 |
2.1 |
| 2005 |
0.9 |
2.1 |
| 2006 |
0.8 |
2.0 |
| 2007 |
0.8 |
2.0 |
| 2008 |
0.8 |
1.9 |
| 2009 |
0.8 |
1.9 |
| 2010 |
0.7 |
1.8 |
| 2011 |
0.6 |
1.7 |
| 2012 |
0.5 |
1.6 |
| 2013 |
0.4 |
1.5 |
| 2014 |
0.4 |
1.4 |
| 2015 |
0.4 |
1.4 |
| 2016 |
0.4 |
1.4 |
| 2017 |
0.4 |
1.4 |
| 2018 |
0.5 |
1.3 |
| 2019 |
0.5 |
1.3 |
| 2020 |
0.4 |
1.3 |
| 2021 |
0.4 |
1.2 |
| 2022 |
0.4 |
1.2 |
| 2023 |
0.5 |
1.2 |
2023 Membership for Detroit Employees General Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 5,333 |
11,554 |
2,391 |
19,278 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Detroit Employees General Retirement System
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-128.7 |
2,691.0 |
| 2002 |
-145.4 |
2,390.0 |
| 2003 |
-147.9 |
2,323.8 |
| 2004 |
-138.9 |
2,521.5 |
| 2005 |
521.0 |
3,318.9 |
| 2006 |
-241.0 |
3,455.1 |
| 2007 |
-223.4 |
3,846.0 |
| 2008 |
-212.2 |
3,416.8 |
| 2009 |
-234.9 |
2,387.1 |
| 2010 |
-265.6 |
2,246.5 |
| 2011 |
-265.8 |
2,421.6 |
| 2012 |
-313.4 |
2,158.8 |
| 2013 |
-342.0 |
2,099.0 |
| 2014 |
-373.6 |
2,015.2 |
| 2015 |
-90.6 |
2,153.0 |
| 2016 |
-174.0 |
1,972.4 |
| 2017 |
-155.7 |
2,041.6 |
| 2018 |
-165.7 |
2,048.9 |
| 2019 |
-165.1 |
1,941.6 |
| 2020 |
-174.1 |
1,759.2 |
| 2021 |
-173.8 |
2,076.9 |
| 2022 |
-171.0 |
1,790.5 |
| 2023 |
-176.8 |
1,733.6 |
2023 Cash Flows for Detroit Employees General Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 82.4 |
259.2 |
119.9 |
-56.9 |
Cash Flow as a Percentage of Assets
Detroit Employees General Retirement System
2001-2023
| Fiscal Year |
Detroit Employees General Retirement System |
National Average |
| 2001 |
-4.8 |
-2.1 |
| 2002 |
-6.1 |
-2.0 |
| 2003 |
-6.4 |
-2.5 |
| 2004 |
-5.5 |
-2.0 |
| 2005 |
15.7 |
-2.2 |
| 2006 |
-7.0 |
-2.2 |
| 2007 |
-5.8 |
-2.1 |
| 2008 |
-6.2 |
-2.3 |
| 2009 |
-9.8 |
-3.1 |
| 2010 |
-11.8 |
-3.2 |
| 2011 |
-11.0 |
-3.1 |
| 2012 |
-14.5 |
-3.3 |
| 2013 |
-16.3 |
-3.1 |
| 2014 |
-18.5 |
-2.9 |
| 2015 |
-4.2 |
-2.8 |
| 2016 |
-8.8 |
-3.0 |
| 2017 |
-7.6 |
-2.9 |
| 2018 |
-8.1 |
-2.6 |
| 2019 |
-8.5 |
-2.6 |
| 2020 |
-9.9 |
-2.4 |
| 2021 |
-8.4 |
-2.1 |
| 2022 |
-9.5 |
-2.1 |
| 2023 |
-10.2 |
-2.1 |
