Hartford Municipal Employee Retirement Fund Basics, by Plan
Plan |
Assets (millions) |
Total Members |
Hartford MERF |
1,075.5 |
5,482 |
Other Plans |
0 |
0 |
Total |
1,075.5 |
5,482 |
Source: Public Plans Database (as of 2023)
Note: Hartford Municipal Employee Retirement Fund has 0 other plans.
Assets
Assets at Year-End
Hartford Municipal Employee Retirement Fund
2001-2023
Fiscal Year |
Net Assets (billions) |
2001 |
1.0 |
2002 |
0.9 |
2003 |
0.9 |
2004 |
1.0 |
2005 |
1.0 |
2006 |
1.0 |
2007 |
1.2 |
2008 |
1.1 |
2009 |
0.9 |
2010 |
0.9 |
2011 |
1.0 |
2012 |
0.9 |
2013 |
1.0 |
2014 |
1.1 |
2015 |
1.0 |
2016 |
1.0 |
2017 |
1.0 |
2018 |
1.0 |
2019 |
1.0 |
2020 |
1.0 |
2021 |
1.2 |
2022 |
1.0 |
2023 |
1.1 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
Fiscal Year |
Hartford Municipal Employee Retirement Fund |
US State and Local Pensions |
2001 |
1.1 |
2.4 |
2002 |
1.1 |
2.3 |
2003 |
0.9 |
2.2 |
2004 |
0.9 |
2.1 |
2005 |
0.9 |
2.1 |
2006 |
0.9 |
2.0 |
2007 |
0.9 |
2.0 |
2008 |
1.0 |
1.9 |
2009 |
0.9 |
1.9 |
2010 |
0.8 |
1.8 |
2011 |
0.8 |
1.7 |
2012 |
0.8 |
1.6 |
2013 |
0.8 |
1.5 |
2014 |
0.8 |
1.4 |
2015 |
0.8 |
1.4 |
2016 |
0.8 |
1.4 |
2017 |
0.6 |
1.4 |
2018 |
0.7 |
1.3 |
2019 |
0.7 |
1.3 |
2020 |
0.7 |
1.3 |
2021 |
0.6 |
1.2 |
2022 |
0.6 |
1.2 |
2023 |
0.6 |
1.2 |
2023 Membership for Hartford Municipal Employee Retirement Fund
Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
2,040 |
3,175 |
267 |
5,482 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Hartford Municipal Employee Retirement Fund
2001-2023
Fiscal Year |
Cash Flow |
Assets |
2001 |
-41.8 |
991.9 |
2002 |
-45.9 |
912.6 |
2003 |
-46.9 |
901.9 |
2004 |
-52.8 |
977.0 |
2005 |
-49.8 |
1,014.9 |
2006 |
-54.0 |
1,046.5 |
2007 |
-50.5 |
1,152.3 |
2008 |
-54.8 |
1,081.4 |
2009 |
-61.7 |
867.7 |
2010 |
-65.7 |
892.0 |
2011 |
-60.5 |
983.1 |
2012 |
-56.9 |
946.5 |
2013 |
-47.9 |
971.2 |
2014 |
-40.7 |
1,062.6 |
2015 |
-44.9 |
1,038.2 |
2016 |
-47.3 |
999.7 |
2017 |
-62.9 |
1,040.8 |
2018 |
-56.8 |
1,043.9 |
2019 |
-60.4 |
1,049.3 |
2020 |
-59.6 |
1,010.7 |
2021 |
-55.6 |
1,199.9 |
2022 |
-50.3 |
1,020.1 |
2023 |
-52.4 |
1,075.5 |
2023 Cash Flows for Hartford Municipal Employee Retirement Fund (millions)
Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
69.0 |
121.4 |
107.8 |
55.4 |
Cash Flow as a Percentage of Assets
Hartford Municipal Employee Retirement Fund
2001-2023
Fiscal Year |
Hartford Municipal Employee Retirement Fund |
National Average |
2001 |
-4.2 |
-2.1 |
2002 |
-5.0 |
-2.0 |
2003 |
-5.2 |
-2.5 |
2004 |
-5.4 |
-2.0 |
2005 |
-4.9 |
-2.2 |
2006 |
-5.2 |
-2.2 |
2007 |
-4.4 |
-2.1 |
2008 |
-5.1 |
-2.3 |
2009 |
-7.1 |
-3.1 |
2010 |
-7.4 |
-3.2 |
2011 |
-6.2 |
-3.1 |
2012 |
-6.0 |
-3.3 |
2013 |
-4.9 |
-3.1 |
2014 |
-3.8 |
-2.9 |
2015 |
-4.3 |
-2.8 |
2016 |
-4.7 |
-3.0 |
2017 |
-6.0 |
-2.9 |
2018 |
-5.4 |
-2.6 |
2019 |
-5.8 |
-2.6 |
2020 |
-5.9 |
-2.4 |
2021 |
-4.6 |
-2.1 |
2022 |
-4.9 |
-2.1 |
2023 |
-4.9 |
-2.1 |