State Data » Texas » Texas Employees Retirement System

Texas Employees Retirement System Basics, by Plan

Plan Assets (millions) Total Members
Texas ERS 27,753.3 268,738
Texas LECOS 966.8 50,351
Other Plans 453.4 124,739
Total 29,173.5 443,828

Source: Public Plans Database (as of 2018)

Note: Texas Employees Retirement System has 2 other plans.

Assets

Assets at Year-End
Texas Employees Retirement System
2003-2018

Fiscal Year Net Assets (billions)
2003 18.2
2004 19.6
2005 21.3
2006 22.4
2007 24.5
2008 22.4
2009 19.9
2010 20.5
2011 22.2
2012 22.9
2013 24.0
2014 26.3
2015 25.2
2016 25.7
2017 27.7
2018 29.2

Source: Public Plans Database

Membership

Ratio of Actives to Beneficiaries, 2003-2018

Fiscal Year Texas Employees Retirement System US State and Local Pensions
2003 2.9 2.2
2004 2.6 2.1
2005 2.4 2.1
2006 2.3 2.0
2007 2.2 2.0
2008 2.1 1.9
2009 2.2 1.9
2010 2.1 1.8
2011 1.9 1.7
2012 1.8 1.6
2013 1.7 1.5
2014 1.6 1.5
2015 1.6 1.4
2016 1.6 1.4
2017 1.5 1.4
2018 1.4 1.3

Source: Public Plans Database

Cash Flows

Cash Flow vs. Total Assets (Millions)
Texas Employees Retirement System
2003-2018

Fiscal Year Cash Flow Assets
2003 -451.0 18,176.5
2004 -685.4 19,567.8
2005 -702.6 21,292.5
2006 -659.8 22,442.5
2007 -715.6 24,460.3
2008 -728.8 22,384.3
2009 -762.1 19,938.3
2010 -722.0 20,474.2
2011 -796.5 22,201.1
2012 -1,040.4 22,869.2
2013 -1,100.5 23,967.6
2014 -1,093.3 26,285.3
2015 -1,138.4 25,207.1
2016 -839.2 25,706.7
2017 -967.8 27,716.7
2018 -1,098.6 29,173.5

Source: Public Plans Database


Cash Flow as a Percentage of Assets
Texas Employees Retirement System
2003-2018

Fiscal Year Texas Employees Retirement System National Average
2003 -2.5 -2.6
2004 -3.5 -2.0
2005 -3.3 -2.2
2006 -2.9 -2.2
2007 -2.9 -2.1
2008 -3.3 -2.3
2009 -3.8 -3.1
2010 -3.5 -3.2
2011 -3.6 -3.1
2012 -4.5 -3.3
2013 -4.6 -3.1
2014 -4.2 -2.9
2015 -4.5 -2.8
2016 -3.3 -3.0
2017 -3.5 -2.9
2018 -3.8 -2.6

Source: Public Plans Database