New Orleans Employees' Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| New Orleans (LA) ERS |
505.8 |
|
| Other Plans |
0.0 |
5,551 |
| Total |
505.8 |
5,551 |
Source: Public Plans Database (as of 2024)
Note: New Orleans Employees' Retirement System has 0 other plans.
Assets
Assets at Year-End
New Orleans Employees' Retirement System
2001-2024
| Fiscal Year |
Net Assets (billions) |
| 2001 |
0.3 |
| 2002 |
0.3 |
| 2003 |
0.4 |
| 2004 |
0.4 |
| 2005 |
0.4 |
| 2006 |
0.4 |
| 2007 |
0.4 |
| 2008 |
0.3 |
| 2009 |
0.3 |
| 2010 |
0.3 |
| 2011 |
0.3 |
| 2012 |
0.3 |
| 2013 |
0.4 |
| 2014 |
0.4 |
| 2015 |
0.3 |
| 2016 |
0.4 |
| 2017 |
0.4 |
| 2018 |
0.4 |
| 2019 |
0.4 |
| 2020 |
0.5 |
| 2021 |
0.5 |
| 2022 |
0.4 |
| 2023 |
0.5 |
| 2024 |
0.5 |
Membership
Ratio of Actives to Beneficiaries, 2001-2024
| Fiscal Year |
New Orleans Employees' Retirement System |
US State and Local Pensions |
| 2001 |
2.2 |
2.4 |
| 2002 |
2.1 |
2.3 |
| 2003 |
2.2 |
2.2 |
| 2004 |
2.0 |
2.1 |
| 2005 |
1.3 |
2.1 |
| 2006 |
0.8 |
2.0 |
| 2007 |
0.9 |
2.0 |
| 2008 |
1.1 |
1.9 |
| 2009 |
1.2 |
1.9 |
| 2010 |
1.1 |
1.8 |
| 2011 |
1.1 |
1.7 |
| 2012 |
1.1 |
1.6 |
| 2013 |
1.0 |
1.5 |
| 2014 |
1.1 |
1.5 |
| 2015 |
1.3 |
1.5 |
| 2016 |
1.3 |
1.4 |
| 2017 |
1.3 |
1.4 |
| 2018 |
1.3 |
1.4 |
| 2019 |
1.4 |
1.3 |
| 2020 |
1.2 |
1.3 |
| 2021 |
1.3 |
1.2 |
| 2022 |
1.3 |
1.2 |
| 2023 |
1.4 |
1.2 |
| 2024 |
1.4 |
1.2 |
2024 Membership for New Orleans Employees' Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 3,004 |
2,124 |
423 |
5,551 |
1 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
New Orleans Employees' Retirement System
2001-2024
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-10.9 |
348.8 |
| 2002 |
-11.6 |
314.0 |
| 2003 |
-13.1 |
366.4 |
| 2004 |
-11.7 |
391.4 |
| 2005 |
-15.8 |
392.1 |
| 2006 |
-29.2 |
404.6 |
| 2007 |
-25.6 |
412.8 |
| 2008 |
-24.6 |
267.3 |
| 2009 |
-17.1 |
310.2 |
| 2010 |
-18.2 |
334.4 |
| 2011 |
-12.5 |
317.6 |
| 2012 |
-14.8 |
338.6 |
| 2013 |
-16.3 |
372.5 |
| 2014 |
-16.9 |
370.8 |
| 2015 |
-17.6 |
339.1 |
| 2016 |
-14.1 |
353.6 |
| 2017 |
-13.7 |
391.8 |
| 2018 |
-10.5 |
365.7 |
| 2019 |
-5.8 |
419.0 |
| 2020 |
-12.3 |
460.6 |
| 2021 |
-21.6 |
510.0 |
| 2022 |
-20.0 |
422.2 |
| 2023 |
-12.4 |
461.8 |
| 2024 |
-11.8 |
505.8 |
2024 Cash Flows for New Orleans Employees' Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 45.6 |
57.4 |
55.8 |
44.0 |
Cash Flow as a Percentage of Assets
New Orleans Employees' Retirement System
2001-2024
| Fiscal Year |
New Orleans Employees' Retirement System |
National Average |
| 2001 |
-3.1 |
-2.1 |
| 2002 |
-3.7 |
-2.2 |
| 2003 |
-3.6 |
-2.5 |
| 2004 |
-3.0 |
-2.0 |
| 2005 |
-4.0 |
-2.4 |
| 2006 |
-7.2 |
-2.5 |
| 2007 |
-6.2 |
-2.1 |
| 2008 |
-9.2 |
-2.4 |
| 2009 |
-5.5 |
-3.2 |
| 2010 |
-5.5 |
-3.2 |
| 2011 |
-3.9 |
-3.1 |
| 2012 |
-4.4 |
-3.3 |
| 2013 |
-4.4 |
-3.2 |
| 2014 |
-4.5 |
-2.9 |
| 2015 |
-5.2 |
-2.8 |
| 2016 |
-4.0 |
-3.0 |
| 2017 |
-3.5 |
-2.9 |
| 2018 |
-2.9 |
-2.6 |
| 2019 |
-1.4 |
-2.6 |
| 2020 |
-2.7 |
-2.4 |
| 2021 |
-4.2 |
-2.1 |
| 2022 |
-4.7 |
-2.1 |
| 2023 |
-2.7 |
-2.1 |
| 2024 |
-2.3 |
-2.1 |