State Data » Michigan » Municipal Employees' Retirement System of Michigan

Municipal Employees' Retirement System of Michigan Basics, by Plan

Plan Assets (millions) Total Members
Michigan Municipal 8,967.3 83,936
Other Plans 0 0
Total 8,967.3 83,936

Source: Public Plans Database (as of 2018)

Note: Municipal Employees' Retirement System of Michigan has 0 other plans.

Assets

Assets at Year-End
Municipal Employees' Retirement System of Michigan
2001-2018

Fiscal Year Net Assets (billions)
2001 3.6
2002 3.3
2003 4.1
2004 4.6
2005 4.9
2006 5.6
2007 6.1
2008 4.5
2009 5.3
2010 6.0
2011 5.9
2012 6.9
2013 7.7
2014 8.1
2015 7.9
2016 8.5
2017 9.5
2018 9.0

Source: Public Plans Database

Membership

Ratio of Actives to Beneficiaries, 2001-2018

Fiscal Year Municipal Employees' Retirement System of Michigan US State and Local Pensions
2001 2.2 2.4
2002 2.1 2.3
2003 2.0 2.2
2004 1.9 2.1
2005 1.8 2.1
2006 1.7 2.0
2007 1.6 2.0
2008 1.5 1.9
2009 1.4 1.9
2010 1.3 1.8
2011 1.2 1.7
2012 1.1 1.6
2013 1.1 1.5
2014 1.0 1.5
2015 0.9 1.4
2016 0.9 1.4
2017 0.9 1.4
2018 0.8 1.3

Source: Public Plans Database

Cash Flows

Cash Flow vs. Total Assets (Millions)
Municipal Employees' Retirement System of Michigan
2001-2018

Fiscal Year Cash Flow Assets
2001 -53.6 3,647.8
2002 -44.6 3,285.3
2003 -13.5 4,072.0
2004 -40.0 4,619.5
2005 -11.8 4,907.4
2006 47.7 5,590.0
2007 20.0 6,066.3
2008 -20.7 4,512.3
2009 -25.4 5,276.6
2010 -57.6 5,973.0
2011 -165.2 5,937.9
2012 266.2 6,872.5
2013 -185.1 7,676.0
2014 -99.3 8,078.0
2015 -50.5 7,886.6
2016 -280.7 8,473.5
2017 -173.5 9,476.1
2018 -114.3 8,967.3

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Municipal Employees' Retirement System of Michigan
2001-2018

Fiscal Year Municipal Employees' Retirement System of Michigan National Average
2001 -1.5 -2.0
2002 -1.4 -2.4
2003 -0.3 -2.6
2004 -0.9 -2.0
2005 -0.2 -2.2
2006 0.9 -2.2
2007 0.3 -2.1
2008 -0.5 -2.3
2009 -0.5 -3.1
2010 -1.0 -3.2
2011 -2.8 -3.1
2012 3.9 -3.3
2013 -2.4 -3.1
2014 -1.2 -2.9
2015 -0.6 -2.8
2016 -3.3 -3.0
2017 -1.8 -2.9
2018 -1.3 -2.6

Source: Public Plans Database