State Data » Michigan » Michigan State Employees Retirement System

Michigan State Employees Retirement System Basics, by Plan

Plan Assets (millions) Total Members
Michigan SERS 13,064.7 66,836
Other Plans 0 0
Total 13,064.7 66,836

Source: Public Plans Database (as of 2022)

Note: Michigan State Employees Retirement System has 0 other plans.

Assets

Assets at Year-End
Michigan State Employees Retirement System
2001-2022

Fiscal Year Net Assets (billions)
2001 9.6
2002 8.3
2003 8.9
2004 9.4
2005 10.1
2006 10.9
2007 12.1
2008 9.8
2009 8.6
2010 8.9
2011 8.7
2012 9.3
2013 9.9
2014 11.0
2015 10.7
2016 11.0
2017 11.8
2018 12.4
2019 12.2
2020 12.0
2021 14.5
2022 13.1

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.

Membership

Ratio of Actives to Beneficiaries, 2001-2022

Fiscal Year Michigan State Employees Retirement System US State and Local Pensions
2001 1.2 2.4
2002 1.1 2.3
2003 0.8 2.2
2004 0.8 2.1
2005 0.7 2.1
2006 0.7 2.0
2007 0.7 2.0
2008 0.6 1.9
2009 0.6 1.9
2010 0.5 1.8
2011 0.4 1.7
2012 0.3 1.6
2013 0.3 1.5
2014 0.3 1.4
2015 0.2 1.4
2016 0.2 1.4
2017 0.2 1.4
2018 0.2 1.3
2019 0.1 1.3
2020 0.1 1.3
2021 0.1 1.2
2022 0.1 1.2

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.

Cash Flows

Cash Flow vs. Total Assets (Millions)
Michigan State Employees Retirement System
2001-2022

Fiscal Year Cash Flow Assets
2001 -367.1 9,616.5
2002 -336.7 8,274.1
2003 -564.9 8,924.3
2004 -594.0 9,428.5
2005 -464.4 10,132.8
2006 -491.7 10,889.9
2007 -630.6 12,103.1
2008 -476.6 9,781.2
2009 -524.7 8,583.2
2010 -526.7 8,940.1
2011 -646.0 8,654.6
2012 -712.3 9,272.3
2013 -535.8 9,922.5
2014 -477.3 10,974.8
2015 -475.5 10,731.9
2016 -533.2 10,980.3
2017 -585.0 11,807.1
2018 -682.6 12,398.0
2019 -781.3 12,227.9
2020 -799.7 12,027.5
2021 -782.5 14,481.6
2022 -782.5 13,064.7

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.


Cash Flow as a Percentage of Assets
Michigan State Employees Retirement System
2001-2022

Fiscal Year Michigan State Employees Retirement System National Average
2001 -3.8 -2.1
2002 -4.1 -2.0
2003 -6.3 -2.5
2004 -6.3 -2.0
2005 -4.6 -2.2
2006 -4.5 -2.2
2007 -5.2 -2.1
2008 -4.9 -2.3
2009 -6.1 -3.1
2010 -5.9 -3.2
2011 -7.5 -3.1
2012 -7.7 -3.3
2013 -5.4 -3.1
2014 -4.3 -2.9
2015 -4.4 -2.8
2016 -4.9 -3.0
2017 -5.0 -2.9
2018 -5.5 -2.6
2019 -6.4 -2.6
2020 -6.6 -2.4
2021 -5.4 -2.1
2022 -6.0 -2.1

Source: Public Plans Database

Copy this code into your HTML Editor, Blog Post or CMS.