RSA administers pension and other benefits for most public employees in Alabama. The System consists of the Teachers' Retirement System; the Employees' Retirement System, which includes state employees, state police officers, and employees of political subdivisions that have elected to participate in the RSA; and the Judicial Retirement Fund.
Alabama Teachers Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Alabama Teachers |
25,580.9 |
270,644 |
| Other Plans |
0 |
0 |
| Total |
25,580.9 |
270,644 |
Source: Public Plans Database (as of 2022)
Note: Alabama Teachers has 0 other plans.
Assets
Assets at Year-End
Alabama Teachers
2001-2022
| Fiscal Year |
Net Assets (billions) |
| 2001 |
15.8 |
| 2002 |
14.2 |
| 2003 |
15.7 |
| 2004 |
16.9 |
| 2005 |
18.2 |
| 2006 |
19.2 |
| 2007 |
21.9 |
| 2008 |
18.1 |
| 2009 |
16.1 |
| 2010 |
17.0 |
| 2011 |
16.8 |
| 2012 |
19.0 |
| 2013 |
20.8 |
| 2014 |
22.4 |
| 2015 |
21.7 |
| 2016 |
22.9 |
| 2017 |
24.7 |
| 2018 |
25.9 |
| 2019 |
25.6 |
| 2020 |
25.9 |
| 2021 |
30.6 |
| 2022 |
25.6 |
Membership
Ratio of Actives to Beneficiaries, 2001-2022
| Fiscal Year |
Alabama Teachers |
US State and Local Pensions |
| 2001 |
2.7 |
2.4 |
| 2002 |
2.5 |
2.3 |
| 2003 |
2.3 |
2.2 |
| 2004 |
2.2 |
2.1 |
| 2005 |
2.1 |
2.1 |
| 2006 |
2.1 |
2.0 |
| 2007 |
2.0 |
2.0 |
| 2008 |
2.0 |
1.9 |
| 2009 |
1.8 |
1.9 |
| 2010 |
1.8 |
1.8 |
| 2011 |
1.7 |
1.7 |
| 2012 |
1.6 |
1.6 |
| 2013 |
1.6 |
1.5 |
| 2014 |
1.6 |
1.4 |
| 2015 |
1.5 |
1.4 |
| 2016 |
1.5 |
1.4 |
| 2017 |
1.5 |
1.4 |
| 2018 |
1.4 |
1.3 |
| 2019 |
1.4 |
1.3 |
| 2020 |
1.3 |
1.3 |
| 2021 |
1.3 |
1.2 |
| 2022 |
1.3 |
1.2 |
2022 Membership for Alabama Teachers
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 135,783 |
105,549 |
29,312 |
270,644 |
1,141 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Alabama Teachers
2001-2022
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-343.8 |
15,814.5 |
| 2002 |
-401.8 |
14,168.0 |
| 2003 |
-486.8 |
15,685.6 |
| 2004 |
-466.8 |
16,853.1 |
| 2005 |
-531.0 |
18,168.5 |
| 2006 |
-543.1 |
19,207.8 |
| 2007 |
-601.8 |
21,918.8 |
| 2008 |
-481.7 |
18,100.4 |
| 2009 |
-494.3 |
16,121.0 |
| 2010 |
-531.6 |
17,037.7 |
| 2011 |
-637.4 |
16,752.2 |
| 2012 |
-791.3 |
18,950.1 |
| 2013 |
-862.5 |
20,820.4 |
| 2014 |
-852.2 |
22,441.3 |
| 2015 |
-940.5 |
21,747.7 |
| 2016 |
-1,010.8 |
22,936.3 |
| 2017 |
-920.9 |
24,651.5 |
| 2018 |
-969.0 |
25,935.4 |
| 2019 |
-930.4 |
25,619.4 |
| 2020 |
-1,047.4 |
25,946.4 |
| 2021 |
-1,112.3 |
30,561.9 |
| 2022 |
-1,104.1 |
25,580.9 |
2022 Cash Flows for Alabama Teachers (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 1,554.2 |
2,658.3 |
-3,876.9 |
-4,981.1 |
Cash Flow as a Percentage of Assets
Alabama Teachers
2001-2022
| Fiscal Year |
Alabama Teachers |
National Average |
| 2001 |
-2.2 |
-2.1 |
| 2002 |
-2.8 |
-2.4 |
| 2003 |
-3.1 |
-2.6 |
| 2004 |
-2.8 |
-2.0 |
| 2005 |
-2.9 |
-2.2 |
| 2006 |
-2.8 |
-2.2 |
| 2007 |
-2.7 |
-2.1 |
| 2008 |
-2.7 |
-2.3 |
| 2009 |
-3.1 |
-3.1 |
| 2010 |
-3.1 |
-3.2 |
| 2011 |
-3.8 |
-3.1 |
| 2012 |
-4.2 |
-3.3 |
| 2013 |
-4.1 |
-3.1 |
| 2014 |
-3.8 |
-2.9 |
| 2015 |
-4.3 |
-2.8 |
| 2016 |
-4.4 |
-3.0 |
| 2017 |
-3.7 |
-2.9 |
| 2018 |
-3.7 |
-2.6 |
| 2019 |
-3.6 |
-2.6 |
| 2020 |
-4.0 |
-2.4 |
| 2021 |
-3.6 |
-2.1 |
| 2022 |
-4.3 |
-2.1 |
