FY 19 Statistics

Pod

ERS

Assets

  • $13.6 billion

Employer Contribution

  • Old Plan: 19.91%
  • New Plan: 24.66%
  • GSEPS: 21.66%

‚Äč($649.2 million)

Employee Contribution

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

($36.3 million)

Active Members

  • Old Plan: (0.07%) 39
  • New Plan: (39.15%) 23,180
  • GSEPS: 60.78%) 35,988
  • Total: 59,207

Inactives

  • 60,574

Retirees

  • Total: 52,275
  • Service: 40,271
  • Beneficiary: 5,926
  • Disability: 5,478
  • Involuntarily Separated: 446
  • Law Enforcement: 154

Annual Payment

  • $1.4 billion

Average Monthly Benefit

  • All: $2,222

PSERS

Assets

  • $941.6 million

Employer Contribution

  • $30.3 million

Employee Contribution

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

($2.3 million)

Active Members

  • 34,768

Inactives

  • 49,213

Retirees

  • 18,990

Annual Payment

  • $63.6 million

Average Benefit

  • $282

GJRS

Assets

  • $479.4 million

Employer Contribution

  • 7.83% ($5.3 million)

Employee Contribution

  • 7.5% +2.5% Spousal ($5.5 million)

Active Members

  • 521

Inactives

  • 64

Retirees

  • 400

Annual Payment

  • $27.5 million

Average Benefit

  • $5,884

LRS

Assets

  • $34.5 million

Employer Contribution

  • 0% (none)

Employee Contribution

  • 8.5% (with 4.75% pickup) ($339 thousand)

Active Members

  • 221

Inactives

  • 180

Retirees

  • 269

Annual Payment

  • $1.9 million

Average Benefit

  • $532

GDCP

Assets

  • $125.7 million

Employer Contribution

  • None

Employee Contribution

  • 7.5% ($14.6 million)

Active Members

  • 13,025

Inactives

  • 112,934

Retirees

  • 2

Annual Payment

  • $9,700

Average Benefit

  • $4,886

SCJRF

Assets

  • $6,000

Employer Contribution

  • $626,000

Employee Contribution

  • None

Active Members

  • None

Inactives

  • 0

Retirees

  • 12

Annual Payment

  • $626,000

Average Benefit

  • $4,551

DARF

Assets

  • $2,000

Employer Contribution

  • $37,000

Employee Contribution

  • None

Active Members

  • None

Inactives

  • 0

Retirees

  • 3

Annual Payment

  • $37,000

Average Benefit

  • $953

SEAD

Assets

  • $1.2 billion

Employer Contribution

  • $5,000

Employee Contribution

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

($3.3 million)

Active Members

  • Number Insured: 23,368

Inactives

  • 1,018

Retirees

  • Number Insured: 43,596

Annual Payment

  • Number of Claims: 1,113
  • Amount Paid: $40.5 million

Average Benefit

  • $36,430

GMPF

Assets

  • $26.4 million

Employer Contribution

  • $2.5 million

Employee Contribution

  • None

Active Members

  • 13,715

Inactives

  • 0

Retirees

  • 1,148

Annual Payment

  • $1.2 million

Average Benefit

  • $91

Total of all Systems

Active Members

  • 121,457

Inactive

  • 222,965

Retirees

  • 73,094