State Data » Massachusetts » Massachusetts State Employees' Retirement System

Massachusetts State Employees' Retirement System Basics, by Plan

Plan Assets (millions) Total Members
Massachusetts SRS 28,763.8 156,846
Other Plans 0 0
Total 28,763.8 156,846

Source: Public Plans Database (as of 2019)

Note: Massachusetts State Employees' Retirement System has 0 other plans.

Assets

Assets at Year-End
Massachusetts State Employees' Retirement System
2001-2019

Fiscal Year Net Assets (billions)
2001 14.3
2002 13.6
2003 12.1
2004 14.8
2005 16.5
2006 18.1
2007 21.9
2008 21.0
2009 15.4
2010 17.0
2011 20.1
2012 19.4
2013 21.1
2014 23.9
2015 24.0
2016 24.0
2017 26.3
2018 28.0
2019 28.8

Source: Public Plans Database

Membership

Ratio of Actives to Beneficiaries, 2001-2019

Fiscal Year Massachusetts State Employees' Retirement System US State and Local Pensions
2001 2.0 2.4
2002 2.0 2.3
2003 1.7 2.2
2004 1.6 2.1
2005 1.6 2.1
2006 1.6 2.0
2007 1.7 2.0
2008 1.7 1.9
2009 1.7 1.9
2010 1.6 1.8
2011 1.6 1.7
2012 1.6 1.6
2013 1.6 1.5
2014 1.6 1.5
2015 1.5 1.4
2016 1.4 1.4
2017 1.4 1.4
2018 1.4 1.3
2019 1.4 1.3

Source: Public Plans Database

Cash Flows

Cash Flow vs. Total Assets (Millions)
Massachusetts State Employees' Retirement System
2001-2019

Fiscal Year Cash Flow Assets
2001 -59.8 14,293.3
2002 -47.2 13,597.5
2003 -239.1 12,128.1
2004 -342.5 14,834.3
2005 -351.5 16,489.2
2006 -835.5 18,143.2
2007 -570.2 21,853.8
2008 -346.1 21,001.1
2009 -466.1 15,390.7
2010 -343.8 16,992.7
2011 -550.6 20,081.6
2012 -572.7 19,396.0
2013 -729.4 21,085.0
2014 -716.9 23,930.9
2015 -689.2 24,042.6
2016 -494.4 23,971.2
2017 -676.6 26,282.2
2018 -748.0 27,995.0
2019 -774.6 28,763.8

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Massachusetts State Employees' Retirement System
2001-2019

Fiscal Year Massachusetts State Employees' Retirement System National Average
2001 -0.4 -2.0
2002 -0.3 -2.4
2003 -2.0 -2.6
2004 -2.3 -2.0
2005 -2.1 -2.2
2006 -4.6 -2.2
2007 -2.6 -2.1
2008 -1.6 -2.3
2009 -3.0 -3.1
2010 -2.0 -3.2
2011 -2.7 -3.1
2012 -3.0 -3.3
2013 -3.5 -3.1
2014 -3.0 -2.9
2015 -2.9 -2.8
2016 -2.1 -3.0
2017 -2.6 -2.9
2018 -2.7 -2.6
2019 -2.7 -2.6

Source: Public Plans Database