Birmingham Retirement & Relief System Basics, by Plan
Plan |
Assets (millions) |
Total Members |
Birmingham RRS |
1,009.1 |
7,463 |
Other Plans |
0 |
0 |
Total |
1,009.1 |
7,463 |
Source: Public Plans Database (as of 2020)
Note: Birmingham Retirement & Relief System has 0 other plans.
Assets
Assets at Year-End
Birmingham Retirement & Relief System
2003-2020
Fiscal Year |
Net Assets (billions) |
2003 |
null |
2004 |
0.9 |
2005 |
0.9 |
2006 |
0.9 |
2007 |
1.0 |
2008 |
0.9 |
2009 |
0.8 |
2010 |
0.8 |
2011 |
0.9 |
2012 |
0.9 |
2013 |
0.9 |
2014 |
1.0 |
2015 |
1.0 |
2016 |
1.0 |
2017 |
1.1 |
2018 |
1.1 |
2019 |
1.1 |
2020 |
1.0 |
Membership
Ratio of Actives to Beneficiaries, 2003-2020
Fiscal Year |
Birmingham Retirement & Relief System |
US State and Local Pensions |
2003 |
1.8 |
2.2 |
2004 |
1.8 |
2.1 |
2005 |
1.7 |
2.1 |
2006 |
1.7 |
2.0 |
2007 |
1.6 |
2.0 |
2008 |
1.5 |
1.9 |
2009 |
1.6 |
1.9 |
2010 |
1.6 |
1.8 |
2011 |
1.4 |
1.7 |
2012 |
1.4 |
1.6 |
2013 |
1.4 |
1.5 |
2014 |
1.3 |
1.4 |
2015 |
1.3 |
1.4 |
2016 |
1.3 |
1.4 |
2017 |
1.3 |
1.4 |
2018 |
1.2 |
1.3 |
2019 |
1.1 |
1.3 |
2020 |
1.1 |
1.3 |
2020 Membership for Birmingham Retirement & Relief System
Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
3,624 |
3,426 |
413 |
7,463 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Birmingham Retirement & Relief System
2003-2020
Fiscal Year |
Cash Flow |
Assets |
2003 |
null |
null |
2004 |
-21.9 |
871.8 |
2005 |
-25.2 |
942.3 |
2006 |
-26.1 |
912.8 |
2007 |
-30.4 |
970.3 |
2008 |
-34.3 |
902.0 |
2009 |
-33.0 |
770.7 |
2010 |
-38.1 |
823.5 |
2011 |
-53.5 |
913.4 |
2012 |
-45.5 |
900.6 |
2013 |
-47.9 |
948.5 |
2014 |
-50.9 |
1,048.5 |
2015 |
-50.8 |
1,045.1 |
2016 |
-53.2 |
996.7 |
2017 |
-57.7 |
1,053.8 |
2018 |
-63.9 |
1,071.4 |
2019 |
-61.6 |
1,063.1 |
2020 |
-57.6 |
1,009.1 |
2020 Cash Flows for Birmingham Retirement & Relief System (millions)
Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
42.6 |
100.2 |
3.6 |
-54.0 |
Cash Flow as a Percentage of Assets
Birmingham Retirement & Relief System
2003-2020
Fiscal Year |
Birmingham Retirement & Relief System |
National Average |
2003 |
null |
-2.6 |
2004 |
-2.5 |
-2.0 |
2005 |
-2.7 |
-2.2 |
2006 |
-2.9 |
-2.2 |
2007 |
-3.1 |
-2.1 |
2008 |
-3.8 |
-2.3 |
2009 |
-4.3 |
-3.1 |
2010 |
-4.6 |
-3.2 |
2011 |
-5.9 |
-3.1 |
2012 |
-5.1 |
-3.3 |
2013 |
-5.0 |
-3.2 |
2014 |
-4.8 |
-2.9 |
2015 |
-4.9 |
-2.8 |
2016 |
-5.3 |
-3.0 |
2017 |
-5.5 |
-2.9 |
2018 |
-6.0 |
-2.6 |
2019 |
-5.8 |
-2.6 |
2020 |
-5.7 |
-2.4 |