DERP administers pension and other benefits for employees of the City and County of Denver, excluding public safety personnel, public school teachers, and employees of the Denver Water Board.
Denver Employees Retirement Plan Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Denver Employees |
2,486.3 |
23,826 |
| Other Plans |
0.0 |
0 |
| Total |
2,486.3 |
23,826 |
Source: Public Plans Database (as of 2023)
Note: Denver Employees Retirement Plan has 0 other plans.
Assets
Assets at Year-End
Denver Employees Retirement Plan
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
1.4 |
| 2002 |
1.3 |
| 2003 |
1.5 |
| 2004 |
1.6 |
| 2005 |
1.7 |
| 2006 |
1.9 |
| 2007 |
2.0 |
| 2008 |
1.5 |
| 2009 |
1.6 |
| 2010 |
1.7 |
| 2011 |
1.6 |
| 2012 |
1.8 |
| 2013 |
2.0 |
| 2014 |
2.1 |
| 2015 |
1.9 |
| 2016 |
2.0 |
| 2017 |
2.2 |
| 2018 |
2.1 |
| 2019 |
2.3 |
| 2020 |
2.4 |
| 2021 |
2.7 |
| 2022 |
2.3 |
| 2023 |
2.5 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Denver Employees Retirement Plan |
US State and Local Pensions |
| 2001 |
1.9 |
2.4 |
| 2002 |
1.7 |
2.3 |
| 2003 |
1.5 |
2.2 |
| 2004 |
1.4 |
2.1 |
| 2005 |
1.4 |
2.1 |
| 2006 |
1.4 |
2.0 |
| 2007 |
1.4 |
2.0 |
| 2008 |
1.4 |
1.9 |
| 2009 |
1.2 |
1.9 |
| 2010 |
1.1 |
1.8 |
| 2011 |
1.0 |
1.7 |
| 2012 |
1.0 |
1.6 |
| 2013 |
1.0 |
1.5 |
| 2014 |
1.0 |
1.4 |
| 2015 |
1.0 |
1.4 |
| 2016 |
1.0 |
1.4 |
| 2017 |
0.9 |
1.4 |
| 2018 |
0.9 |
1.3 |
| 2019 |
0.9 |
1.3 |
| 2020 |
0.9 |
1.3 |
| 2021 |
0.8 |
1.2 |
| 2022 |
0.8 |
1.2 |
| 2023 |
0.8 |
1.2 |
2023 Membership for Denver Employees Retirement Plan
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 9,228 |
10,895 |
3,703 |
23,826 |
2 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Denver Employees Retirement Plan
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-25.2 |
1,377.6 |
| 2002 |
-17.0 |
1,252.7 |
| 2003 |
-24.1 |
1,470.9 |
| 2004 |
-33.8 |
1,600.8 |
| 2005 |
-40.1 |
1,710.0 |
| 2006 |
-49.0 |
1,895.0 |
| 2007 |
-54.9 |
2,040.2 |
| 2008 |
-61.3 |
1,455.5 |
| 2009 |
-68.2 |
1,585.4 |
| 2010 |
-77.2 |
1,725.7 |
| 2011 |
-74.1 |
1,649.2 |
| 2012 |
-73.3 |
1,781.6 |
| 2013 |
-69.4 |
2,030.5 |
| 2014 |
-76.9 |
2,055.3 |
| 2015 |
-73.9 |
1,945.7 |
| 2016 |
-81.5 |
2,011.7 |
| 2017 |
-89.2 |
2,225.4 |
| 2018 |
-89.6 |
2,062.7 |
| 2019 |
-88.3 |
2,258.5 |
| 2020 |
-72.2 |
2,366.7 |
| 2021 |
-95.2 |
2,665.0 |
| 2022 |
-103.5 |
2,325.3 |
| 2023 |
-58.2 |
2,486.3 |
2023 Cash Flows for Denver Employees Retirement Plan (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 225.9 |
284.0 |
219.2 |
161.0 |
Cash Flow as a Percentage of Assets
Denver Employees Retirement Plan
2001-2023
| Fiscal Year |
Denver Employees Retirement Plan |
National Average |
| 2001 |
-1.8 |
-2.1 |
| 2002 |
-1.4 |
-2.0 |
| 2003 |
-1.6 |
-2.5 |
| 2004 |
-2.1 |
-2.0 |
| 2005 |
-2.3 |
-2.2 |
| 2006 |
-2.6 |
-2.2 |
| 2007 |
-2.7 |
-2.1 |
| 2008 |
-4.2 |
-2.3 |
| 2009 |
-4.3 |
-3.1 |
| 2010 |
-4.5 |
-3.2 |
| 2011 |
-4.5 |
-3.1 |
| 2012 |
-4.1 |
-3.3 |
| 2013 |
-3.4 |
-3.1 |
| 2014 |
-3.7 |
-2.9 |
| 2015 |
-3.8 |
-2.8 |
| 2016 |
-4.0 |
-3.0 |
| 2017 |
-4.0 |
-2.9 |
| 2018 |
-4.3 |
-2.6 |
| 2019 |
-3.9 |
-2.6 |
| 2020 |
-3.1 |
-2.4 |
| 2021 |
-3.6 |
-2.1 |
| 2022 |
-4.4 |
-2.1 |
| 2023 |
-2.3 |
-2.1 |
