FY 20 Statistics

Pod

ERS

Assets

  • $13.5 billion

Employer Contribution

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

‚Äč($643.9 million)

Employee Contribution

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

($35.8 million)

Active Members

  • Old Plan: (0.05%) 29
  • New Plan: (36.54%) 20,850
  • GSEPS: 63.41%) 36,180
  • Total: 57,059

Inactives

  • 63,495

Retirees

  • Total: 53,249
  • Service: 41,100
  • Beneficiary: 6,065
  • Disability: 5,494
  • Involuntarily Separated: 435
  • Law Enforcement: 155

Annual Payment

  • $1.5 billion

Average Monthly Benefit

  • All: $2,206

PSERS

Assets

  • $958.2 million

Employer Contribution

  • $32.5 million

Employee Contribution

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

($2.3 million)

Active Members

  • 34,736

Inactives

  • 50,276

Retirees

  • 19,232

Annual Payment

  • $66.2 million

Average Benefit

  • $288

GJRS

Assets

  • $485.9 million

Employer Contribution

  • 7.83% ($6.5 million)

Employee Contribution

  • 7.5% +2.5% Spousal ($5.0 million)

Active Members

  • 522

Inactives

  • 64

Retirees

  • 414

Annual Payment

  • $29.3 million

Average Benefit

  • $5,868

LRS

Assets

  • $34.8 million

Employer Contribution

  • 0% (none)

Employee Contribution

  • 8.5% (with 4.75% pickup) ($325 thousand)

Active Members

  • 219

Inactives

  • 170

Retirees

  • 269

Annual Payment

  • $1.8 million

Average Benefit

  • $526

GDCP

Assets

  • $138.0 million

Employer Contribution

  • None

Employee Contribution

  • 7.5% ($14.7 million)

Active Members

  • 9,633

Inactives

  • 119,029

Retirees

  • 2

Annual Payment

  • 10,000

Average Benefit

  • $4,868

SCJRF

Assets

  • $6,000

Employer Contribution

  • $340,000

Employee Contribution

  • None

Active Members

  • None

Inactives

  • 0

Retirees

  • 5

Annual Payment

  • $340,000

Average Benefit

  • $5,035

DARF

Assets

  • $2,000

Employer Contribution

  • $34,000

Employee Contribution

  • None

Active Members

  • None

Inactives

  • None

Retirees

  • 3

Annual Payment

  • $34,000

Average Benefit

  • $953

SEAD

Assets

  • $1.3 billion

Employer Contribution

  • None

Employee Contribution

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

($3.1 million)

Active Members

  • Number Insured: 21,020

Inactives

  • 1,016

Retirees

  • Number Insured: 43,596

Annual Payment

  • Number of Claims: 1,298
  • Amount Paid: $48.0 million

Average Benefit

  • $36,989

GMPF

Assets

  • $29.0 million

Employer Contribution

  • $2.6 million

Employee Contribution

  • None

Active Members

  • 14,092

Inactives

  • 66

Retirees

  • 1,223

Annual Payment

  • $1.3 million

Average Benefit

  • $92

Total of all Systems

Active Members

  • 116,261

Inactive

  • 233,100

Retirees

  • 74,397