SFCCRS administers pension and other benefits for the City and County of San Francisco, the SF Unified School District, and the SF Community College District..
San Francisco City and County Retirement System Basics, by Plan
| Plan |
Assets (millions) |
Total Members |
| San Francisco (CA) ERS |
35,417.7 |
81,175 |
| Other Plans |
0.0 |
0 |
| Total |
35,417.7 |
81,175 |
Source: Public Plans Database (as of 2024)
Note: San Francisco City and County Retirement System has 0 other plans.
Assets
Assets at Year-End
San Francisco City and County Retirement System
2001-2024
| Fiscal Year |
Net Assets (billions) |
| 2001 |
11.2 |
| 2002 |
10.4 |
| 2003 |
10.5 |
| 2004 |
11.9 |
| 2005 |
13.1 |
| 2006 |
14.5 |
| 2007 |
17.0 |
| 2008 |
15.8 |
| 2009 |
11.9 |
| 2010 |
13.1 |
| 2011 |
15.6 |
| 2012 |
15.3 |
| 2013 |
17.0 |
| 2014 |
19.9 |
| 2015 |
20.4 |
| 2016 |
20.2 |
| 2017 |
22.4 |
| 2018 |
24.6 |
| 2019 |
26.1 |
| 2020 |
26.6 |
| 2021 |
35.7 |
| 2022 |
32.8 |
| 2023 |
33.7 |
| 2024 |
35.4 |
Membership
Ratio of Actives to Beneficiaries, 2001-2024
| Fiscal Year |
San Francisco City and County Retirement System |
US State and Local Pensions |
| 2001 |
1.7 |
2.4 |
| 2002 |
1.7 |
2.3 |
| 2003 |
1.7 |
2.2 |
| 2004 |
1.7 |
2.1 |
| 2005 |
1.5 |
2.1 |
| 2006 |
1.4 |
2.0 |
| 2007 |
1.4 |
2.0 |
| 2008 |
1.4 |
1.9 |
| 2009 |
1.3 |
1.9 |
| 2010 |
1.2 |
1.8 |
| 2011 |
1.2 |
1.7 |
| 2012 |
1.1 |
1.6 |
| 2013 |
1.1 |
1.5 |
| 2014 |
1.1 |
1.5 |
| 2015 |
1.1 |
1.5 |
| 2016 |
1.1 |
1.4 |
| 2017 |
1.1 |
1.4 |
| 2018 |
1.1 |
1.4 |
| 2019 |
1.1 |
1.3 |
| 2020 |
1.1 |
1.3 |
| 2021 |
1.1 |
1.2 |
| 2022 |
1.0 |
1.2 |
| 2023 |
1.1 |
1.2 |
| 2024 |
1.1 |
1.2 |
2024 Membership for San Francisco City and County Retirement System
| Actives |
Beneficiaries |
Inactive Vested |
Total Membership |
# of Participating Employers |
| 35,418 |
32,654 |
13,103 |
81,175 |
4 |
Cash Flows
Cash Flow vs. Total Assets (Millions)
San Francisco City and County Retirement System
2001-2024
| Fiscal Year |
Cash Flow |
Assets |
| 2001 |
-262.4 |
11,246.1 |
| 2002 |
-279.6 |
10,416.0 |
| 2003 |
-289.2 |
10,533.0 |
| 2004 |
-336.5 |
11,907.4 |
| 2005 |
-307.1 |
13,135.3 |
| 2006 |
-317.0 |
14,497.0 |
| 2007 |
-341.8 |
16,952.0 |
| 2008 |
-384.1 |
15,832.5 |
| 2009 |
-432.9 |
11,886.7 |
| 2010 |
-405.0 |
13,136.8 |
| 2011 |
-425.5 |
15,598.8 |
| 2012 |
-385.5 |
15,293.7 |
| 2013 |
-346.7 |
17,011.5 |
| 2014 |
-266.4 |
19,920.6 |
| 2015 |
-256.0 |
20,428.1 |
| 2016 |
-423.8 |
20,154.5 |
| 2017 |
-427.6 |
22,410.4 |
| 2018 |
-399.1 |
24,558.0 |
| 2019 |
-449.6 |
26,078.6 |
| 2020 |
-424.7 |
26,620.2 |
| 2021 |
-394.1 |
35,673.8 |
| 2022 |
-567.0 |
32,798.5 |
| 2023 |
-780.8 |
33,688.4 |
| 2024 |
-858.5 |
35,417.7 |
2024 Cash Flows for San Francisco City and County Retirement System (millions)
| Inflows |
Outflows |
Investment Gains (losses) |
Change in Net Assets |
| 1,100.1 |
1,958.6 |
2,587.7 |
1,729.2 |
Cash Flow as a Percentage of Assets
San Francisco City and County Retirement System
2001-2024
| Fiscal Year |
San Francisco City and County Retirement System |
National Average |
| 2001 |
-2.3 |
-2.1 |
| 2002 |
-2.7 |
-2.2 |
| 2003 |
-2.7 |
-2.5 |
| 2004 |
-2.8 |
-2.0 |
| 2005 |
-2.3 |
-2.4 |
| 2006 |
-2.2 |
-2.5 |
| 2007 |
-2.0 |
-2.1 |
| 2008 |
-2.4 |
-2.4 |
| 2009 |
-3.6 |
-3.2 |
| 2010 |
-3.1 |
-3.2 |
| 2011 |
-2.7 |
-3.1 |
| 2012 |
-2.5 |
-3.3 |
| 2013 |
-2.0 |
-3.2 |
| 2014 |
-1.3 |
-2.9 |
| 2015 |
-1.3 |
-2.8 |
| 2016 |
-2.1 |
-3.0 |
| 2017 |
-1.9 |
-2.9 |
| 2018 |
-1.6 |
-2.6 |
| 2019 |
-1.7 |
-2.6 |
| 2020 |
-1.6 |
-2.4 |
| 2021 |
-1.1 |
-2.1 |
| 2022 |
-1.7 |
-2.1 |
| 2023 |
-2.3 |
-2.1 |
| 2024 |
-2.4 |
-2.1 |
