State Data » North Carolina » North Carolina Retirement Systems

North Carolina Retirement Systems Basics, by Plan

Plan Assets (millions) Total Members
North Carolina Local Government 25,982.3 265,788
North Carolina Teachers and State Employees 70,426.7 686,329
Other Plans 1,228.3 76,328
Total 97,637.3 1,028,445

Source: Public Plans Database (as of 2018)

Note: North Carolina Retirement Systems has 6 other plans.

Assets

Assets at Year-End
North Carolina Retirement Systems
2002-2019

Fiscal Year Net Assets (billions)
2002 53.4
2003 55.9
2004 60.9
2005 65.1
2006 68.0
2007 76.1
2008 72.8
2009 60.5
2010 65.4
2011 75.2
2012 74.7
2013 79.5
2014 89.7
2015 89.1
2016 87.1
2017 93.5
2018 97.6
2019 101.4

Source: Public Plans Database

Membership

Ratio of Actives to Beneficiaries, 2002-2019

Fiscal Year North Carolina Retirement Systems US State and Local Pensions
2002 3.4 2.3
2003 3.2 2.2
2004 3.1 2.1
2005 3.0 2.1
2006 3.0 2.0
2007 2.5 2.0
2008 2.5 1.9
2009 2.3 1.9
2010 2.2 1.8
2011 2.1 1.7
2012 2.1 1.6
2013 1.9 1.5
2014 1.9 1.5
2015 1.8 1.4
2016 1.7 1.4
2017 1.7 1.4
2018 1.6 1.3
2019 1.6 1.3

Source: Public Plans Database

Cash Flows

Cash Flow vs. Total Assets (Millions)
North Carolina Retirement Systems
2002-2019

Fiscal Year Cash Flow Assets
2002 -1,097.6 53,441.1
2003 -1,457.3 55,859.5
2004 -1,654.1 60,850.6
2005 -1,659.3 65,079.4
2006 -1,777.4 68,007.8
2007 -1,851.0 76,142.5
2008 -1,897.7 72,768.9
2009 -2,039.7 60,531.9
2010 -2,235.4 65,379.0
2011 -2,164.3 75,177.8
2012 -2,067.8 74,730.5
2013 -2,206.9 79,548.1
2014 -2,369.5 89,659.2
2015 -2,512.0 89,067.1
2016 -2,707.7 87,120.9
2017 -2,721.3 93,533.6
2018 -2,705.8 97,637.3
2019 -2,535.2 101,375.6

Source: Public Plans Database


Cash Flow as a Percentage of Assets
North Carolina Retirement Systems
2002-2019

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

Source: Public Plans Database