The Kentucky Teachers Retirement System administers pension and other benefits for certificated employees of school districts, state universities and community colleges, and other public educational agencies.
Kentucky Teachers Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| Kentucky Teachers |
24,244.6 |
146,534 |
| Other Plans |
0.0 |
0 |
| Total |
24,244.6 |
146,534 |
Source: Public Plans Database (as of 2023)
Note: Kentucky Teachers Retirement System has 0 other plans.
Assets
Assets at Year-End
Kentucky Teachers Retirement System
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
12.5 |
| 2002 |
11.8 |
| 2003 |
12.0 |
| 2004 |
12.9 |
| 2005 |
13.5 |
| 2006 |
13.9 |
| 2007 |
15.5 |
| 2008 |
14.1 |
| 2009 |
11.5 |
| 2010 |
12.5 |
| 2011 |
15.1 |
| 2012 |
14.8 |
| 2013 |
16.1 |
| 2014 |
18.1 |
| 2015 |
18.0 |
| 2016 |
16.8 |
| 2017 |
18.7 |
| 2018 |
20.0 |
| 2019 |
20.4 |
| 2020 |
20.7 |
| 2021 |
25.9 |
| 2022 |
22.9 |
| 2023 |
24.2 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
Kentucky Teachers Retirement System |
US State and Local Pensions |
| 2001 |
1.7 |
2.4 |
| 2002 |
1.6 |
2.3 |
| 2003 |
2.0 |
2.2 |
| 2004 |
2.0 |
2.1 |
| 2005 |
1.9 |
2.1 |
| 2006 |
1.9 |
2.0 |
| 2007 |
1.9 |
2.0 |
| 2008 |
1.9 |
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 |
1.5 |
1.4 |
| 2015 |
1.5 |
1.4 |
| 2016 |
1.4 |
1.4 |
| 2017 |
1.4 |
1.4 |
| 2018 |
1.3 |
1.3 |
| 2019 |
1.3 |
1.3 |
| 2020 |
1.3 |
1.3 |
| 2021 |
1.2 |
1.2 |
| 2022 |
1.3 |
1.2 |
| 2023 |
1.3 |
1.2 |
2023 Membership for Kentucky Teachers Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 75,644 |
59,559 |
11,331 |
146,534 |
208 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
Kentucky Teachers Retirement System
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-201.8 |
12,510.4 |
| 2002 |
-227.4 |
11,762.8 |
| 2003 |
-258.8 |
12,042.5 |
| 2004 |
-281.1 |
12,919.6 |
| 2005 |
-345.6 |
13,520.0 |
| 2006 |
-385.9 |
13,851.4 |
| 2007 |
-419.4 |
15,492.5 |
| 2008 |
-436.8 |
14,076.7 |
| 2009 |
-540.1 |
11,515.4 |
| 2010 |
-568.5 |
12,456.6 |
| 2011 |
-87.0 |
15,130.6 |
| 2012 |
-643.2 |
14,797.1 |
| 2013 |
-728.2 |
16,108.8 |
| 2014 |
-819.5 |
18,092.6 |
| 2015 |
-905.6 |
18,049.1 |
| 2016 |
-991.1 |
16,812.8 |
| 2017 |
-580.9 |
18,707.7 |
| 2018 |
-679.3 |
19,981.6 |
| 2019 |
-694.9 |
20,371.9 |
| 2020 |
-748.9 |
20,717.0 |
| 2021 |
-798.4 |
25,935.8 |
| 2022 |
-308.1 |
22,900.0 |
| 2023 |
-921.5 |
24,244.6 |
2023 Cash Flows for Kentucky Teachers Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 1,511.2 |
2,432.7 |
2,266.1 |
1,344.6 |
Cash Flow as a Percentage of Assets
Kentucky Teachers Retirement System
2001-2023
| Fiscal Year |
Kentucky Teachers Retirement System |
National Average |
| 2001 |
-1.6 |
-2.1 |
| 2002 |
-1.9 |
-2.0 |
| 2003 |
-2.1 |
-2.5 |
| 2004 |
-2.2 |
-2.0 |
| 2005 |
-2.6 |
-2.2 |
| 2006 |
-2.8 |
-2.2 |
| 2007 |
-2.7 |
-2.1 |
| 2008 |
-3.1 |
-2.3 |
| 2009 |
-4.7 |
-3.1 |
| 2010 |
-4.6 |
-3.2 |
| 2011 |
-0.6 |
-3.1 |
| 2012 |
-4.3 |
-3.3 |
| 2013 |
-4.5 |
-3.1 |
| 2014 |
-4.5 |
-2.9 |
| 2015 |
-5.0 |
-2.8 |
| 2016 |
-5.9 |
-3.0 |
| 2017 |
-3.1 |
-2.9 |
| 2018 |
-3.4 |
-2.6 |
| 2019 |
-3.4 |
-2.6 |
| 2020 |
-3.6 |
-2.4 |
| 2021 |
-3.1 |
-2.1 |
| 2022 |
-1.3 |
-2.1 |
| 2023 |
-3.8 |
-2.1 |
