State Data » California » California Public Employees Retirement System

California Public Employees Retirement System Basics, by Plan

Plan Assets (millions) Total Members
California PERF 353,995.5 1,958,888
Other Plans 1,679.0 4,047
Total 355,674.5 1,962,935

Source: Public Plans Database (as of 2018)

Note: California Public Employees Retirement System has 3 other plans.

Assets

Assets at Year-End
California Public Employees Retirement System
2001-2019

Fiscal Year Net Assets (billions)
2001 156.5
2002 143.0
2003 145.0
2004 167.9
2005 190.0
2006 211.6
2007 251.6
2008 238.4
2009 179.7
2010 202.2
2011 242.5
2012 237.8
2013 263.0
2014 303.0
2015 304.0
2016 300.0
2017 328.0
2018 355.7
2019 374.4

Source: Public Plans Database

Membership

Ratio of Actives to Beneficiaries, 2001-2019

Fiscal Year California Public Employees Retirement System US State and Local Pensions
2001 2.0 2.4
2002 2.1 2.3
2003 2.0 2.2
2004 1.9 2.1
2005 1.9 2.1
2006 1.8 2.0
2007 1.8 2.0
2008 1.8 1.9
2009 1.7 1.9
2010 1.6 1.8
2011 1.5 1.7
2012 1.4 1.6
2013 1.3 1.5
2014 1.0 1.5
2015 1.4 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)
California Public Employees Retirement System
2001-2019

Fiscal Year Cash Flow Assets
2001 -4,008.9 156,497.5
2002 -3,803.7 142,985.6
2003 -3,498.9 144,988.9
2004 -1,482.5 167,852.6
2005 181.0 189,958.1
2006 -461.2 211,561.3
2007 -807.1 251,567.3
2008 -672.4 238,394.3
2009 -1,586.8 179,710.3
2010 -3,047.3 202,213.8
2011 -3,719.7 242,515.2
2012 -4,510.9 237,833.1
2013 -5,252.2 262,961.8
2014 -5,765.1 302,962.9
2015 -6,124.1 304,011.3
2016 -5,788.8 300,035.8
2017 -5,403.2 328,020.3
2018 827.8 355,674.5
2019 -4,602.4 374,446.1

Source: Public Plans Database


Cash Flow as a Percentage of Assets
California Public Employees Retirement System
2001-2019

Fiscal Year California Public Employees Retirement System National Average
2001 -2.6 -2.0
2002 -2.7 -2.4
2003 -2.4 -2.6
2004 -0.9 -2.0
2005 0.1 -2.2
2006 -0.2 -2.2
2007 -0.3 -2.1
2008 -0.3 -2.3
2009 -0.9 -3.1
2010 -1.5 -3.2
2011 -1.5 -3.1
2012 -1.9 -3.3
2013 -2.0 -3.1
2014 -1.9 -2.9
2015 -2.0 -2.8
2016 -1.9 -3.0
2017 -1.6 -2.9
2018 0.2 -2.6
2019 -1.2 -2.6

Source: Public Plans Database