State Data » Minnesota » Minnesota State Retirement System

Minnesota State Retirement System Basics, by Plan

Plan Assets (millions) Total Members
Minnesota State Employees 13,772.3 111,524
Other Plans 2,149.4 22,701
Total 15,921.7 134,225

Source: Public Plans Database (as of 2019)

Note: Minnesota State Retirement System has 5 other plans.

Assets

Assets at Year-End
Minnesota State Retirement System
2002-2019

Fiscal Year Net Assets (billions)
2002 7.2
2003 7.1
2004 8.1
2005 8.6
2006 9.5
2007 11.0
2008 10.1
2009 7.9
2010 8.9
2011 10.6
2012 10.5
2013 11.5
2014 13.2
2015 13.4
2016 12.9
2017 14.4
2018 15.3
2019 15.9

Source: Public Plans Database

Membership

Ratio of Actives to Beneficiaries, 2002-2019

Fiscal Year Minnesota State Retirement System US State and Local Pensions
2002 2.3 2.3
2003 0.9 2.2
2004 2.0 2.1
2005 2.0 2.1
2006 2.0 2.0
2007 1.9 2.0
2008 1.8 1.9
2009 1.8 1.9
2010 1.7 1.8
2011 1.6 1.7
2012 1.5 1.6
2013 1.5 1.5
2014 1.4 1.5
2015 1.3 1.4
2016 1.3 1.4
2017 1.3 1.4
2018 1.2 1.3
2019 1.2 1.3

Source: Public Plans Database

Cash Flows

Cash Flow vs. Total Assets (Millions)
Minnesota State Retirement System
2002-2019

Fiscal Year Cash Flow Assets
2002 -182.9 7,194.9
2003 -191.3 7,147.9
2004 -222.7 8,065.6
2005 -240.1 8,640.8
2006 -255.7 9,495.6
2007 -278.4 10,955.7
2008 -281.7 10,143.2
2009 -287.4 7,947.5
2010 -301.1 8,859.9
2011 -328.0 10,578.7
2012 -382.4 10,467.2
2013 -414.7 11,540.7
2014 -440.0 13,226.8
2015 -444.9 13,389.9
2016 -482.2 12,918.5
2017 -501.8 14,386.2
2018 -540.3 15,339.9
2019 -547.2 15,921.7

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Minnesota State Retirement System
2002-2019

Fiscal Year Minnesota State Retirement System National Average
2002 -2.5 -2.4
2003 -2.7 -2.6
2004 -2.8 -2.0
2005 -2.8 -2.2
2006 -2.7 -2.2
2007 -2.5 -2.1
2008 -2.8 -2.3
2009 -3.6 -3.1
2010 -3.4 -3.2
2011 -3.1 -3.1
2012 -3.7 -3.3
2013 -3.6 -3.1
2014 -3.3 -2.9
2015 -3.3 -2.8
2016 -3.7 -3.0
2017 -3.5 -2.9
2018 -3.5 -2.6
2019 -3.4 -2.6

Source: Public Plans Database