FY 18 Statistics

Pod

ERS

Assets

  • $13.5 billion

Employer Contribution

  • Old Plan: 19.94%
  • New Plan: 24.69%
  • GSEPS: 21.66%

‚Äč($652 million)

Employee Contribution

  • Old Plan: 6% (with 4.75% pickup)
  • New Plan: 1.25%
  • GSEPS: 1.25%

($37 million)

Active Members

  • Old Plan: (0.08%) 47
  • New Plan: (42.80%) 25,858
  • GSEPS: (57.12%) 34,501
  • Total: 60,406

Inactives

  • 58,332

Retirees

  • Total: 50,863
  • Service: 39,013
  • Beneficiary: 5,790
  • Disability: 5,442
  • Involuntarily Separated: 467
  • Law Enforcement: 151

Annual Payment

  • $1.4 billion

Average Monthly Benefit

  • All: $2,245

PSERS

Assets

  • $914 million

Employer Contribution

  • $26.3 mil

Employee Contribution

  • $36/year prior to July 1, 2012
  • $90/year after July 1, 2012

($2.2 million)

Active Members

  • 34,956

Inactives

  • 48,353

Retirees

  • 18,492

Annual Payment

  • $62 million

Average Benefit

  • $280

GJRS

Assets

  • $467 million

Employer Contribution

  • 7.17% ($606 million)

Employee Contribution

  • 7.5% +2.5% Spousal ($4.9 million)

Active Members

  • 527

Inactives

  • 61

Retirees

  • 358

Annual Payment

  • $25 million

Average Benefit

  • $5,881

LRS

Assets

  • $34 million

Employer Contribution

  • 0% (none)

Employee Contribution

  • 8.5% (with 4.75% pickup) ($323 thousand)

Active Members

  • 222

Inactives

  • 158

Retirees

  • 267

Annual Payment

  • $1.8 million

Average Benefit

  • $548

GDCP

Assets

  • $114.6 million

Employer Contribution

  • None

Employee Contribution

  • 7.5% ($14.6 million)

Active Members

  • 13,385

Inactives

  • 108,493

Retirees

  • 0

Annual Payment

  • NA

Average Benefit

  • NA

SCJRF

Assets

  • $6,000

Employer Contribution

  • $890,000

Employee Contribution

  • None

Active Members

  • None

Inactives

  • 0

Retirees

  • 12

Annual Payment

  • $890,000

Average Benefit

  • $5,558

DARF

Assets

  • $2,000

Employer Contribution

  • $46,000

Employee Contribution

  • None

Active Members

  • None

Inactives

  • 0

Retirees

  • 4

Annual Payment

  • $46,000

Average Benefit

  • $926

SEAD

Assets

  • $1.2 billion

Employer Contribution

  • None

Employee Contribution

  • Old Plan: 0.50%
  • New Plan: 0.25%

($3.6 million)

Active Members

  • Number Insured: 26,032

Inactives

  • 947

Retirees

  • Number Insured: 42,652

Annual Payment

  • Number of Claims: 1,120
  • Amount Paid: $38.8 million

Average Benefit

  • $34.653

GMPF

Assets

  • $24 million

Employer Contribution

  • $2.4 million

Employee Contribution

  • None

Active Members

  • 13,896

Inactives

  • 0

Retirees

  • 1,076

Annual Payment

  • $1.1 million

Average Benefit

  • $91

Total of all Systems

Active Members

  • 123,392

Inactive

  • 215,397

Retirees

  • 71,072