ND PERS administers pension, health insurance and other benefits for most public employees in the state except teachers. In addition to providing coverage for state employees, the system administers various employee benefits, such as health insurance for active and retired workers, life insurance, and others, for political subdivisions throughout the state.
North Dakota Public Employees Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| North Dakota PERS |
3,843.9 |
48,033 |
| Other Plans |
98.0 |
9,931 |
| Total |
3,942.0 |
57,964 |
Source: Public Plans Database (as of 2023)
Note: North Dakota Public Employees Retirement System has 1 other plan.
Assets
Assets at Year-End
North Dakota Public Employees Retirement System
2001-2023
| Fiscal Year |
Net Assets (billions) |
| 2001 |
1.2 |
| 2002 |
1.1 |
| 2003 |
1.1 |
| 2004 |
1.3 |
| 2005 |
1.5 |
| 2006 |
1.6 |
| 2007 |
1.9 |
| 2008 |
1.8 |
| 2009 |
1.4 |
| 2010 |
1.5 |
| 2011 |
1.8 |
| 2012 |
1.8 |
| 2013 |
2.0 |
| 2014 |
2.3 |
| 2015 |
2.4 |
| 2016 |
2.5 |
| 2017 |
2.8 |
| 2018 |
3.0 |
| 2019 |
3.2 |
| 2020 |
3.2 |
| 2021 |
4.0 |
| 2022 |
3.7 |
| 2023 |
3.9 |
Membership
Ratio of Actives to Beneficiaries, 2001-2023
| Fiscal Year |
North Dakota Public Employees Retirement System |
US State and Local Pensions |
| 2001 |
3.3 |
2.4 |
| 2002 |
3.2 |
2.3 |
| 2003 |
3.1 |
2.2 |
| 2004 |
3.1 |
2.1 |
| 2005 |
3.0 |
2.1 |
| 2006 |
2.9 |
2.0 |
| 2007 |
2.8 |
2.0 |
| 2008 |
2.8 |
1.9 |
| 2009 |
2.7 |
1.9 |
| 2010 |
2.8 |
1.8 |
| 2011 |
2.6 |
1.7 |
| 2012 |
2.5 |
1.6 |
| 2013 |
2.5 |
1.5 |
| 2014 |
2.4 |
1.4 |
| 2015 |
2.3 |
1.4 |
| 2016 |
2.2 |
1.4 |
| 2017 |
2.1 |
1.4 |
| 2018 |
2.0 |
1.3 |
| 2019 |
1.9 |
1.3 |
| 2020 |
1.9 |
1.3 |
| 2021 |
1.8 |
1.2 |
| 2022 |
1.7 |
1.2 |
| 2023 |
1.7 |
1.2 |
2023 Membership for North Dakota Public Employees Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 25,163 |
15,140 |
9,624 |
57,964 |
423 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
North Dakota Public Employees Retirement System
2001-2023
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-8.7 |
1,198.2 |
| 2002 |
-10.4 |
1,083.4 |
| 2003 |
-10.8 |
1,129.9 |
| 2004 |
-10.8 |
1,309.3 |
| 2005 |
-17.5 |
1,480.2 |
| 2006 |
-21.5 |
1,638.9 |
| 2007 |
-23.2 |
1,939.1 |
| 2008 |
-25.3 |
1,816.8 |
| 2009 |
-25.3 |
1,361.0 |
| 2010 |
-24.9 |
1,519.0 |
| 2011 |
-29.8 |
1,810.8 |
| 2012 |
-28.4 |
1,785.3 |
| 2013 |
-16.9 |
2,014.7 |
| 2014 |
-1.7 |
2,347.2 |
| 2015 |
0.5 |
2,438.4 |
| 2016 |
21.5 |
2,480.7 |
| 2017 |
-11.9 |
2,801.2 |
| 2018 |
-28.2 |
3,049.1 |
| 2019 |
-42.4 |
3,178.1 |
| 2020 |
-56.4 |
3,236.5 |
| 2021 |
-58.8 |
4,049.8 |
| 2022 |
-69.5 |
3,728.1 |
| 2023 |
-80.9 |
3,942.0 |
2023 Cash Flows for North Dakota Public Employees Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 199.7 |
280.6 |
294.8 |
213.9 |
Cash Flow as a Percentage of Assets
North Dakota Public Employees Retirement System
2001-2023
| Fiscal Year |
North Dakota Public Employees Retirement System |
National Average |
| 2001 |
-0.7 |
-2.1 |
| 2002 |
-1.0 |
-2.0 |
| 2003 |
-1.0 |
-2.5 |
| 2004 |
-0.8 |
-2.0 |
| 2005 |
-1.2 |
-2.2 |
| 2006 |
-1.3 |
-2.2 |
| 2007 |
-1.2 |
-2.1 |
| 2008 |
-1.4 |
-2.3 |
| 2009 |
-1.9 |
-3.1 |
| 2010 |
-1.6 |
-3.2 |
| 2011 |
-1.6 |
-3.1 |
| 2012 |
-1.6 |
-3.3 |
| 2013 |
-0.8 |
-3.1 |
| 2014 |
-0.1 |
-2.9 |
| 2015 |
0.0 |
-2.8 |
| 2016 |
0.9 |
-3.0 |
| 2017 |
-0.4 |
-2.9 |
| 2018 |
-0.9 |
-2.6 |
| 2019 |
-1.3 |
-2.6 |
| 2020 |
-1.7 |
-2.4 |
| 2021 |
-1.5 |
-2.1 |
| 2022 |
-1.9 |
-2.1 |
| 2023 |
-2.1 |
-2.1 |
