| A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | AA | AB | AC | AD | AE | AF | AG | AH | AI | AJ | AK | AL | AM | AN | AO | AP | AQ | AR | AS | AT | AU | AV | AW | AX | AY | AZ | BA | BB | BC | BD | BE | BF | BG | BH | BI | BJ | BK | BL | BM | BN | BO | BP | BQ | BR | BS | BT | BU | BV | BW | BX | BY | BZ | CA | CB | CC | CD | CE | CF | CG | CH | CI | CJ | CK | CL | CM | CN | CO | CP | CQ | CR | CS | CT | CU | CV | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | equableclassid | State | System_Name | Plan_Name | Class_Name | Plan_Type | Occupation | Tier_HireDates | equal_total_pct | equal_assess | total_short_pct | total_medium_pct | total_full_pct | total_short_assess | total_medium_assess | total_full_assess | short_total_score25 | short_total_score40 | short_total_available | short_total_pct25 | short_total_pct40 | medium_total_score25 | medium_total_score40 | medium_total_available | medium_total_pct25 | medium_total_pct40 | full_total_score25 | full_total_score40 | full_total_available | full_total_pct25 | full_total_pct40 | short_assess25 | short_assess40 | medium_assess25 | medium_assess40 | full_assess25 | full_assess40 | shortadequacy25score | shortadequacy40score | short_ben_score25 | short_ben_score40 | short_ben_available | short_ben_pct25 | short_ben_pct40 | short_flex_score | short_flex_available | short_flex_pct | mediumadequacy25score | mediumadequacy40score | medium_ben_score25 | medium_ben_score40 | medium_ben_available | medium_ben_pct25 | medium_ben_pct40 | medium_flex_score | medium_flex_available | medium_flex_pct | fulladequacy25score | fulladequacy40score | full_ben_score25 | full_ben_score40 | full_ben_pct25 | full_ben_pct40 | vesting_score | vesting_available | vesting_pct | vesting_years | refund_score | refund_score_available | refund_score_pct | refund_policy_text | dc_refund_score | dc_refund_available | dc_refund_pct | dc_refund_policy_text | assumed_inflation | credit_rate | credit_rate_score | credit_rate_available | credit_rate_pct | mingr_rate | mingr_score | mingr_score_available | mingr_pct | cola_value | cola_score | cola_available | cola_available_pct | cola_policy | sustain_total | sustain_available | sustain_pct | sustain_assess | sustain_assess_short | fund_path_score | fund_path_available | fund_path_pct | amortperiodr | pay_score | pay_available |
2 | 1010102 | Alabama | Alabama Employees Retirement System | Alabama Employees' Retirement System | AL ERS Regular Tier 2 | traditional pension plan | state and local general employees | hired on or after January 1, 2013 | 0.4887543 | does NOT serve all members well | 0.3276602 | 0.4074666 | 0.731136 | does NOT serve all members well | does NOT serve all members well | serves all members moderately well | 9.690434 | 9.969181 | 30 | 0.3230144 | 0.332306 | 10.14052 | 14.30748 | 30 | 0.3380172 | 0.476916 | 21.93408 | 21.93408 | 30 | 0.731136 | 0.731136 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 3.690434 | 3.969181 | 3.690434 | 3.969181 | 15 | 0.2460289 | 0.2646121 | 6 | 10 | 0.6 | 4.140517 | 8.307481 | 4.140517 | 8.307481 | 20 | 0.2070258 | 0.415374 | 6 | 10 | 0.6 | 21.93408 | 21.93408 | 21.93408 | 21.93408 | 0.731136 | 0.731136 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.04 | 4 | 5 | 0.8 | No COLA | 0 | 5 | 0 | Ad hoc, No COLA | 20 | 27 | 0.7407407 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 29.3 | 8 | 10 | ||||||||
3 | 1010202 | Alabama | Alabama Employees Retirement System | Alabama Employees' Retirement System | AL ERS State Police Tier 2 | traditional pension plan | state police | hired on or after January 1, 2013 | 0.5509449 | serves all members moderately well | 0.3319758 | 0.4875256 | 0.8333333 | does NOT serve all members well | does NOT serve all members well | serves all members well | 9.460452 | 10.4581 | 30 | 0.3153484 | 0.3486033 | 10.20097 | 19.05056 | 30 | 0.3400325 | 0.6350188 | 25 | 25 | 30 | 0.8333333 | 0.8333333 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 3.460452 | 4.458098 | 3.460452 | 4.458098 | 15 | 0.2306968 | 0.2972066 | 6 | 10 | 0.6 | 4.200974 | 13.05056 | 4.200974 | 13.05056 | 20 | 0.2100487 | 0.6525282 | 6 | 10 | 0.6 | 25 | 25 | 25 | 25 | 0.8333333 | 0.8333333 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.04 | 4 | 5 | 0.8 | No COLA | 0 | 5 | 0 | Ad hoc, No COLA | 20 | 27 | 0.7407407 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 29.3 | 8 | 10 | ||||||||
4 | 1010302 | Alabama | Alabama Employees Retirement System | Alabama Employees' Retirement System | AL ERS Local Police & Fire Tier 2 | traditional pension plan | local police and firefighters | hired on or after January 1, 2013 | 0.4288115 | does NOT serve all members well | 0.2923831 | 0.3996419 | 0.5944095 | does NOT serve all members well | does NOT serve all members well | serves all members moderately well | 8.422317 | 9.120669 | 30 | 0.2807439 | 0.3040223 | 8.930854 | 15.04766 | 30 | 0.2976951 | 0.5015886 | 17.83228 | 17.83228 | 30 | 0.5944095 | 0.5944094 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 2.422316 | 3.120669 | 2.422316 | 3.120669 | 15 | 0.1614878 | 0.2080446 | 6 | 10 | 0.6 | 2.930854 | 9.04766 | 2.930854 | 9.04766 | 20 | 0.1465427 | 0.452383 | 6 | 10 | 0.6 | 17.83228 | 17.83228 | 17.83228 | 17.83228 | 0.5944095 | 0.5944094 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.04 | 4 | 5 | 0.8 | No COLA | 0 | 5 | 0 | Ad hoc, No COLA | 20 | 27 | 0.7407407 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 29.3 | 8 | 10 | ||||||||
5 | 1020102 | Alabama | Alabama Teachers Retirement System | Alabama Teachers' Retirement System | AL TRS Tier 2 | traditional pension plan | public school teachers | hired on or after January 1, 2013 | 0.4899282 | does NOT serve all members well | 0.3276602 | 0.408123 | 0.7340014 | does NOT serve all members well | does NOT serve all members well | serves all members moderately well | 9.690433 | 9.969181 | 30 | 0.3230144 | 0.332306 | 10.14051 | 14.34686 | 30 | 0.3380171 | 0.4782288 | 22.02004 | 22.02004 | 30 | 0.7340013 | 0.7340015 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 3.690433 | 3.969181 | 3.690433 | 3.969181 | 15 | 0.2460289 | 0.2646121 | 6 | 10 | 0.6 | 4.140514 | 8.346864 | 4.140514 | 8.346864 | 20 | 0.2070257 | 0.4173432 | 6 | 10 | 0.6 | 22.02004 | 22.02004 | 22.02004 | 22.02004 | 0.7340013 | 0.7340015 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.04 | 4 | 5 | 0.8 | No COLA | 0 | 5 | 0 | Ad hoc, No COLA | 22 | 27 | 0.8148148 | are positive and reasonably strong. | Reasonably strong | 2 | 5 | 0.4 | 29.2 | 10 | 10 | ||||||||
6 | 2010130 | Alaska | Alaska Public Employees’ Retirement System | Alaska Public Employees' Retirement System - Defined Contribution Retirement Plan | AK PERS State & Local DC | defined contribution plan | state and local general employees | hired on or after July 1, 2006 | 0.661467 | serves all members moderately well | 0.5323752 | 0.5492538 | 0.9027721 | serves all members moderately well | serves all members moderately well | serves all members well | 13.17585 | 13.44291 | 25 | 0.527034 | 0.5377163 | 10.82093 | 11.14922 | 20 | 0.5410467 | 0.5574609 | 25 | 20.1386 | 25 | 1 | 0.8055441 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 7.175849 | 7.442908 | 7.175849 | 7.442908 | 15 | 0.4783899 | 0.4961939 | 2 | 5 | 0.4 | 8.820933 | 9.149218 | 8.820933 | 9.149218 | 15 | 0.5880622 | 0.6099479 | 2 | 5 | 0.4 | 30 | 20.1386 | 30 | 20.1386 | 1.2 | 0.8055441 | 4 | 5 | 0.8 | 5 | 2 | 5 | 0.4 | Graded vesting of employer contributions is 4 or 5 years | 27 | N/A | N/A | ||||||||||||||||||||||||||
7 | 2010230 | Alaska | Alaska Public Employees’ Retirement System | Alaska Public Employees' Retirement System - Defined Contribution Retirement Plan | AK PERS Peace Officer & Firefighter DC | defined contribution plan | state and local police and firefighters | hired on or after July 1, 2006 | 0.6466001 | serves all members moderately well | 0.5140446 | 0.5330995 | 0.8926563 | serves all members moderately well | serves all members moderately well | serves all members well | 12.72596 | 12.97628 | 25 | 0.5090382 | 0.5190511 | 10.50375 | 10.82023 | 20 | 0.5251874 | 0.5410116 | 25 | 19.63281 | 25 | 1 | 0.7853126 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 6.725956 | 6.976276 | 6.725956 | 6.976276 | 15 | 0.4483971 | 0.4650851 | 2 | 5 | 0.4 | 8.503748 | 8.820231 | 8.503748 | 8.820231 | 15 | 0.5669165 | 0.5880154 | 2 | 5 | 0.4 | 25 | 19.63281 | 25 | 19.63281 | 1 | 0.7853126 | 4 | 5 | 0.8 | 5 | 2 | 5 | 0.4 | Graded vesting of employer contributions is 4 or 5 years | 27 | N/A | N/A | ||||||||||||||||||||||||||
8 | 2020130 | Alaska | Alaska Teachers Retirement System | Alaska Teachers’ Retirement System - Defined Contribution Retirement Plan | AK TRS DC | defined contribution plan | public school teachers | hired on or after July 1, 2006 | 0.7180102 | serves all members moderately well | 0.5709242 | 0.6183697 | 0.9647369 | serves all members moderately well | serves all members moderately well | serves all members well | 14.12197 | 14.42424 | 25 | 0.5648787 | 0.5769696 | 12.178 | 12.55679 | 20 | 0.6088999 | 0.6278394 | 25 | 23.23685 | 25 | 1 | 0.9294739 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 8.121968 | 8.42424 | 8.121968 | 8.42424 | 15 | 0.5414646 | 0.561616 | 2 | 5 | 0.4 | 10.178 | 10.55679 | 10.178 | 10.55679 | 15 | 0.6785332 | 0.7037859 | 2 | 5 | 0.4 | 30 | 23.23685 | 30 | 23.23685 | 1.2 | 0.9294739 | 4 | 5 | 0.8 | 5 | 2 | 5 | 0.4 | Graded vesting of employer contributions is 4 or 5 years | 27 | N/A | N/A | ||||||||||||||||||||||||||
9 | 3010103 | Arizona | Arizona Corrections Officers Retirement Plan | Arizona Corrections Officers Retirement Plan - Tier 3 | AZ CORP Tier 3 | traditional pension plan | correctional officers | hired on or after July 1, 2018 | 0.5675279 | serves all members moderately well | 0.2192276 | 0.5166895 | 0.9666666 | does NOT serve all members well | serves all members moderately well | serves all members well | 6.45261 | 6.701044 | 30 | 0.215087 | 0.2233681 | 12.3259 | 18.67547 | 30 | 0.4108633 | 0.6225157 | 29 | 29 | 30 | 0.9666666 | 0.9666666 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.452609 | 1.701044 | 1.452609 | 1.701044 | 15 | 0.0968406 | 0.1134029 | 5 | 10 | 0.5 | 3.325898 | 9.675473 | 7.325898 | 13.67547 | 20 | 0.3662949 | 0.6837736 | 5 | 10 | 0.5 | 25 | 25 | 29 | 29 | 0.9666666 | 0.9666666 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.03 | 3 | 5 | 0.6 | Up to 2% | 4 | 5 | 0.8 | Automatic, Linked to inflation | 21 | 27 | 0.7777778 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 17 | 9 | 10 | ||||||||
10 | 3010130 | Arizona | Arizona Corrections Officers Retirement Plan | Arizona Corrections Officers Retirement Plan - Defined Contribution Plan | AZ CORP DC | defined contribution plan | correctional officers | hired on or after July 1, 2018 | 0.5801378 | serves all members moderately well | 0.5245379 | 0.4694197 | 0.7464559 | serves all members moderately well | does NOT serve all members well | serves all members moderately well | 12.92125 | 13.30565 | 25 | 0.5168499 | 0.532226 | 9.148271 | 9.628518 | 20 | 0.4574135 | 0.4814259 | 22.00525 | 15.31755 | 25 | 0.8802099 | 0.6127019 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 4.921247 | 5.305649 | 4.921247 | 5.305649 | 15 | 0.3280831 | 0.35371 | 3 | 5 | 0.6 | 6.148271 | 6.628518 | 6.148271 | 6.628518 | 15 | 0.4098847 | 0.4419012 | 3 | 5 | 0.6 | 22.00525 | 15.31755 | 22.00525 | 15.31755 | 0.8802099 | 0.6127019 | 5 | 5 | 1 | 3 | 3 | 5 | 0.6 | Graded vesting of employer contributions is 3 years or less | 27 | N/A | N/A | ||||||||||||||||||||||||||
11 | 3020130 | Arizona | Arizona Elected Officials Retirement Plan | Arizona Elected Officials Defined Contribution Retirement System | AZ EORP DC | defined contribution plan | state elected officials | hired on or after January 1, 2014 | 0.9712152 | serves all members well | 0.9471328 | 0.966513 | 1 | serves all members well | serves all members well | serves all members well | 22.43824 | 24.9184 | 25 | 0.8975294 | 0.9967362 | 18.66052 | 20 | 20 | 0.933026 | 1 | 25 | 25 | 25 | 1 | 1 | serves Short-Term Workers well. | serves Short-Term Workers well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 12.43824 | 14.9184 | 12.43824 | 14.9184 | 15 | 0.8292158 | 0.9945603 | 5 | 5 | 1 | 13.66052 | 15 | 13.66052 | 15 | 15 | 0.9107012 | 1 | 5 | 5 | 1 | 30 | 30 | 30 | 30 | 1.2 | 1.2 | 5 | 5 | 1 | 0 | 5 | 5 | 1 | Immediate vesting of employer contributions | 27 | N/A | N/A | ||||||||||||||||||||||||||
12 | 3030103 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Tier 3 | AZ PSPRS Tier 3 Maricopa Police | traditional pension plan | local police | hired on or after July 1, 2017 | 0.5391872 | serves all members moderately well | 0.3345717 | 0.5322431 | 0.7507468 | does NOT serve all members well | serves all members moderately well | serves all members well | 10.32342 | 9.750881 | 30 | 0.344114 | 0.3250294 | 15.47668 | 16.4579 | 30 | 0.5158894 | 0.5485967 | 23.78813 | 21.25667 | 30 | 0.7929378 | 0.7085558 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 5.323421 | 4.750881 | 5.323421 | 4.750881 | 15 | 0.3548947 | 0.3167254 | 5 | 10 | 0.5 | 6.476682 | 7.457903 | 10.47668 | 11.4579 | 20 | 0.5238341 | 0.5728952 | 5 | 10 | 0.5 | 19.78813 | 17.25667 | 23.78813 | 21.25667 | 0.7929378 | 0.7085558 | 0 | 5 | 0 | 15 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 26 | 27 | 0.962963 | are positive and reasonably strong. | Reasonably strong | 4 | 5 | 0.8 | 10 | 10 | 10 | ||||||||
13 | 3030130 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Defined Contribution Plan | AZ PSPRS DC Maricopa Police | defined contribution plan | local police | hired on or after July 1, 2017 | 0.5575239 | serves all members moderately well | 0.2508439 | 0.4677738 | 0.953954 | does NOT serve all members well | does NOT serve all members well | serves all members well | 5.815267 | 6.726928 | 25 | 0.2326107 | 0.2690771 | 8.675449 | 10.0355 | 20 | 0.4337725 | 0.5017751 | 25 | 22.6977 | 25 | 1 | 0.907908 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 5.815267 | 6.726928 | 5.815267 | 6.726928 | 15 | 0.3876844 | 0.4484619 | 0 | 5 | 0 | 8.675449 | 10.0355 | 8.675449 | 10.0355 | 15 | 0.5783633 | 0.6690334 | 0 | 5 | 0 | 30 | 22.6977 | 30 | 22.6977 | 1.2 | 0.907908 | 0 | 5 | 0 | 10 | 0 | 5 | 0 | Graded vesting of employer contributions requires 10 or more years | 27 | N/A | N/A | ||||||||||||||||||||||||||
14 | 3030203 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Tier 3 | AZ PSPRS Tier 3 Pima Police | traditional pension plan | local police | hired on or after July 1, 2017 | 0.5376158 | serves all members moderately well | 0.3320786 | 0.5300219 | 0.7507468 | does NOT serve all members well | serves all members moderately well | serves all members well | 10.21889 | 9.705825 | 30 | 0.3406297 | 0.3235275 | 15.3591 | 16.44222 | 30 | 0.5119699 | 0.5480739 | 23.78813 | 21.25667 | 30 | 0.7929378 | 0.7085558 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 5.218891 | 4.705825 | 5.218891 | 4.705825 | 15 | 0.3479261 | 0.3137217 | 5 | 10 | 0.5 | 6.359098 | 7.442218 | 10.3591 | 11.44222 | 20 | 0.5179549 | 0.5721109 | 5 | 10 | 0.5 | 19.78813 | 17.25667 | 23.78813 | 21.25667 | 0.7929378 | 0.7085558 | 0 | 5 | 0 | 15 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 26 | 27 | 0.962963 | are positive and reasonably strong. | Reasonably strong | 4 | 5 | 0.8 | 10 | 10 | 10 | ||||||||
15 | 3030230 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Defined Contribution Plan | AZ PSPRS DC Pima Police | defined contribution plan | local police | hired on or after July 1, 2017 | 0.5686878 | serves all members moderately well | 0.2641816 | 0.4802113 | 0.9616705 | does NOT serve all members well | does NOT serve all members well | serves all members well | 6.124471 | 7.084607 | 25 | 0.2449788 | 0.2833843 | 8.906117 | 10.30233 | 20 | 0.4453059 | 0.5151167 | 25 | 23.08353 | 25 | 1 | 0.923341 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 6.124471 | 7.084607 | 6.124471 | 7.084607 | 15 | 0.4082981 | 0.4723071 | 0 | 5 | 0 | 8.906117 | 10.30233 | 8.906117 | 10.30233 | 15 | 0.5937412 | 0.6868222 | 0 | 5 | 0 | 30 | 23.08353 | 30 | 23.08353 | 1.2 | 0.923341 | 0 | 5 | 0 | 10 | 0 | 5 | 0 | Graded vesting of employer contributions requires 10 or more years | 27 | N/A | N/A | ||||||||||||||||||||||||||
16 | 3030303 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Tier 3 | AZ PSPRS Tier 3 General Police | traditional pension plan | local police | hired on or after July 1, 2017 | 0.5380679 | serves all members moderately well | 0.3328627 | 0.5305942 | 0.7507468 | does NOT serve all members well | serves all members moderately well | serves all members well | 10.24945 | 9.722311 | 30 | 0.3416483 | 0.324077 | 15.38774 | 16.44791 | 30 | 0.5129248 | 0.5482637 | 23.78813 | 21.25667 | 30 | 0.7929378 | 0.7085558 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 5.249449 | 4.722311 | 5.249449 | 4.722311 | 15 | 0.3499633 | 0.3148208 | 5 | 10 | 0.5 | 6.387743 | 7.447911 | 10.38774 | 11.44791 | 20 | 0.5193871 | 0.5723955 | 5 | 10 | 0.5 | 19.78813 | 17.25667 | 23.78813 | 21.25667 | 0.7929378 | 0.7085558 | 0 | 5 | 0 | 15 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 26 | 27 | 0.962963 | are positive and reasonably strong. | Reasonably strong | 4 | 5 | 0.8 | 10 | 10 | 10 | ||||||||
17 | 3030330 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Defined Contribution Plan | AZ PSPRS DC General Police | defined contribution plan | local police | hired on or after July 1, 2017 | 0.5781975 | serves all members moderately well | 0.2717099 | 0.49281 | 0.9700726 | does NOT serve all members well | does NOT serve all members well | serves all members well | 6.298997 | 7.286495 | 25 | 0.2519599 | 0.2914598 | 9.139777 | 10.57262 | 20 | 0.4569889 | 0.5286312 | 25 | 23.50363 | 25 | 1 | 0.9401453 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 6.298997 | 7.286495 | 6.298997 | 7.286495 | 15 | 0.4199332 | 0.4857664 | 0 | 5 | 0 | 9.139777 | 10.57262 | 9.139777 | 10.57262 | 15 | 0.6093185 | 0.7048416 | 0 | 5 | 0 | 30 | 23.50363 | 30 | 23.50363 | 1.2 | 0.9401453 | 0 | 5 | 0 | 10 | 0 | 5 | 0 | Graded vesting of employer contributions requires 10 or more years | 27 | N/A | N/A | ||||||||||||||||||||||||||
18 | 3030403 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Tier 3 | AZ PSPRS Tier 3 Maricopa Fire | traditional pension plan | local firefighters | hired on or after July 1, 2017 | 0.5204145 | serves all members moderately well | 0.2947566 | 0.51574 | 0.7507468 | does NOT serve all members well | serves all members moderately well | serves all members well | 9.513052 | 8.172341 | 30 | 0.3171017 | 0.2724114 | 15.03238 | 15.91202 | 30 | 0.5010793 | 0.5304006 | 23.78813 | 21.25667 | 30 | 0.7929378 | 0.7085558 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 4.513052 | 3.172341 | 4.513052 | 3.172341 | 15 | 0.3008701 | 0.2114894 | 5 | 10 | 0.5 | 6.032379 | 6.912019 | 10.03238 | 10.91202 | 20 | 0.501619 | 0.545601 | 5 | 10 | 0.5 | 19.78813 | 17.25667 | 23.78813 | 21.25667 | 0.7929378 | 0.7085558 | 0 | 5 | 0 | 15 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 26 | 27 | 0.962963 | are positive and reasonably strong. | Reasonably strong | 4 | 5 | 0.8 | 10 | 10 | 10 | ||||||||
19 | 3030430 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Defined Contribution Plan | AZ PSPRS DC Maricopa Fire | defined contribution plan | local firefighters | hired on or after July 1, 2017 | 0.5308064 | serves all members moderately well | 0.2262489 | 0.4343793 | 0.9317911 | does NOT serve all members well | does NOT serve all members well | serves all members well | 5.245085 | 6.067361 | 25 | 0.2098034 | 0.2426944 | 8.056106 | 9.319067 | 20 | 0.4028053 | 0.4659534 | 25 | 21.58955 | 25 | 1 | 0.8635821 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 5.245085 | 6.067361 | 5.245085 | 6.067361 | 15 | 0.3496723 | 0.4044907 | 0 | 5 | 0 | 8.056106 | 9.319067 | 8.056106 | 9.319067 | 15 | 0.5370737 | 0.6212711 | 0 | 5 | 0 | 25 | 21.58955 | 25 | 21.58955 | 1 | 0.8635821 | 0 | 5 | 0 | 10 | 0 | 5 | 0 | Graded vesting of employer contributions requires 10 or more years | 27 | N/A | N/A | ||||||||||||||||||||||||||
20 | 3030503 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Tier 3 | AZ PSPRS Tier 3 Pima Fire | traditional pension plan | local firefighters | hired on or after July 1, 2017 | 0.5174593 | serves all members moderately well | 0.2916257 | 0.5100055 | 0.7507468 | does NOT serve all members well | serves all members moderately well | serves all members well | 9.40274 | 8.0948 | 30 | 0.3134246 | 0.2698267 | 14.83955 | 15.76078 | 30 | 0.4946518 | 0.5253592 | 23.78813 | 21.25667 | 30 | 0.7929378 | 0.7085558 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 4.40274 | 3.0948 | 4.40274 | 3.0948 | 15 | 0.293516 | 0.20632 | 5 | 10 | 0.5 | 5.839553 | 6.760776 | 9.839553 | 10.76078 | 20 | 0.4919776 | 0.5380388 | 5 | 10 | 0.5 | 19.78813 | 17.25667 | 23.78813 | 21.25667 | 0.7929378 | 0.7085558 | 0 | 5 | 0 | 15 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 26 | 27 | 0.962963 | are positive and reasonably strong. | Reasonably strong | 4 | 5 | 0.8 | 10 | 10 | 10 | ||||||||
21 | 3030530 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Defined Contribution Plan | AZ PSPRS DC Pima Fire | defined contribution plan | local firefighters | hired on or after July 1, 2017 | 0.5593831 | serves all members moderately well | 0.2550254 | 0.4688482 | 0.9542756 | does NOT serve all members well | does NOT serve all members well | serves all members well | 5.912205 | 6.839066 | 25 | 0.2364882 | 0.2735626 | 8.695375 | 10.05855 | 20 | 0.4347688 | 0.5029277 | 25 | 22.71378 | 25 | 1 | 0.9085513 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 5.912205 | 6.839066 | 5.912205 | 6.839066 | 15 | 0.394147 | 0.4559377 | 0 | 5 | 0 | 8.695375 | 10.05855 | 8.695375 | 10.05855 | 15 | 0.5796917 | 0.6705703 | 0 | 5 | 0 | 30 | 22.71378 | 30 | 22.71378 | 1.2 | 0.9085513 | 0 | 5 | 0 | 10 | 0 | 5 | 0 | Graded vesting of employer contributions requires 10 or more years | 27 | N/A | N/A | ||||||||||||||||||||||||||
22 | 3030603 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Tier 3 | AZ PSPRS Tier 3 General Fire | traditional pension plan | local firefighters | hired on or after July 1, 2017 | 0.5180478 | serves all members moderately well | 0.29219 | 0.5112066 | 0.7507468 | does NOT serve all members well | serves all members moderately well | serves all members well | 9.422622 | 8.108776 | 30 | 0.3140874 | 0.2702926 | 14.87636 | 15.79604 | 30 | 0.4958787 | 0.5265345 | 23.78813 | 21.25667 | 30 | 0.7929378 | 0.7085558 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 4.422622 | 3.108776 | 4.422622 | 3.108776 | 15 | 0.2948414 | 0.2072517 | 5 | 10 | 0.5 | 5.876361 | 6.796035 | 9.876362 | 10.79604 | 20 | 0.4938181 | 0.5398018 | 5 | 10 | 0.5 | 19.78813 | 17.25667 | 23.78813 | 21.25667 | 0.7929378 | 0.7085558 | 0 | 5 | 0 | 15 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 26 | 27 | 0.962963 | are positive and reasonably strong. | Reasonably strong | 4 | 5 | 0.8 | 10 | 10 | 10 | ||||||||
23 | 3030630 | Arizona | Arizona Public Safety Personnel Retirement System | Arizona Public Safety Personnel Retirement System - Defined Contribution Plan | AZ PSPRS DC General Fire | defined contribution plan | local firefighters | hired on or after July 1, 2017 | 0.547027 | serves all members moderately well | 0.244599 | 0.4530943 | 0.9433876 | does NOT serve all members well | does NOT serve all members well | serves all members well | 5.670492 | 6.559458 | 25 | 0.2268197 | 0.2623783 | 8.403198 | 9.720575 | 20 | 0.4201599 | 0.4860288 | 25 | 22.16938 | 25 | 1 | 0.8867753 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 5.670492 | 6.559458 | 5.670492 | 6.559458 | 15 | 0.3780328 | 0.4372972 | 0 | 5 | 0 | 8.403198 | 9.720575 | 8.403198 | 9.720575 | 15 | 0.5602132 | 0.6480383 | 0 | 5 | 0 | 30 | 22.16938 | 30 | 22.16938 | 1.2 | 0.8867753 | 0 | 5 | 0 | 10 | 0 | 5 | 0 | Graded vesting of employer contributions requires 10 or more years | 27 | N/A | N/A | ||||||||||||||||||||||||||
24 | 3040100 | Arizona | Arizona State Retirement System | Arizona State Retirement System | AZ SRS State | traditional pension plan | state and local general employees | hired on or after October 1, 2013 | 0.5673387 | serves all members moderately well | 0.3859162 | 0.4494332 | 0.8666667 | does NOT serve all members well | does NOT serve all members well | serves all members well | 10.80732 | 12.34765 | 30 | 0.360244 | 0.4115885 | 10.43055 | 16.53544 | 30 | 0.347685 | 0.5511814 | 26 | 26 | 30 | 0.8666667 | 0.8666667 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 3.80732 | 5.347653 | 3.80732 | 5.347653 | 15 | 0.2538213 | 0.3565102 | 4 | 10 | 0.4 | 5.430549 | 11.53544 | 6.430549 | 12.53544 | 20 | 0.3215275 | 0.626772 | 4 | 10 | 0.4 | 25 | 25 | 26 | 26 | 0.8666667 | 0.8666667 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.02 | 2 | 5 | 0.4 | Ad hoc amount | 1 | 5 | 0.2 | Ad hoc COLA | 22 | 27 | 0.8148148 | are positive and reasonably strong. | Reasonably strong | 2 | 5 | 0.4 | 28 | 10 | 10 | ||||||||
25 | 3040200 | Arizona | Arizona State Retirement System | Arizona State Retirement System | AZ SRS Teachers | traditional pension plan | public school teachers | hired on or after October 1, 2013 | 0.5678415 | serves all members moderately well | 0.3861581 | 0.4506999 | 0.8666667 | does NOT serve all members well | does NOT serve all members well | serves all members well | 10.80732 | 12.36217 | 30 | 0.360244 | 0.4120722 | 10.45035 | 16.59164 | 30 | 0.348345 | 0.5530548 | 26 | 26 | 30 | 0.8666667 | 0.8666667 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 3.80732 | 5.362168 | 3.80732 | 5.362168 | 15 | 0.2538213 | 0.3574778 | 4 | 10 | 0.4 | 5.450349 | 11.59164 | 6.450349 | 12.59164 | 20 | 0.3225175 | 0.6295822 | 4 | 10 | 0.4 | 25 | 25 | 26 | 26 | 0.8666667 | 0.8666667 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.02 | 2 | 5 | 0.4 | Ad hoc amount | 1 | 5 | 0.2 | Ad hoc COLA | 22 | 27 | 0.8148148 | are positive and reasonably strong. | Reasonably strong | 2 | 5 | 0.4 | 28 | 10 | 10 | ||||||||
26 | 4010100 | Arkansas | Arkansas Public Employees Retirement System | Arkansas Public Employees Retirement System | AR PERS General | traditional pension plan | state and local general employees | hired on or after July 1, 2005 | 0.6689603 | serves all members moderately well | 0.387129 | 0.6197518 | 1 | does NOT serve all members well | serves all members moderately well | serves all members well | 10.87421 | 12.35353 | 30 | 0.3624738 | 0.4117843 | 16.438 | 20.74711 | 30 | 0.5479335 | 0.6915702 | 30 | 30 | 30 | 1 | 1 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.874212 | 3.353529 | 1.874212 | 3.353529 | 15 | 0.1249475 | 0.2235686 | 6 | 10 | 0.6 | 5.438004 | 9.747107 | 10.438 | 14.74711 | 20 | 0.5219002 | 0.7373554 | 6 | 10 | 0.6 | 25 | 30 | 30 | 35 | 1 | 1.166667 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.04 | 4 | 5 | 0.8 | 3%, compounded | 5 | 5 | 1 | Automatic, Fixed | 21 | 27 | 0.7777778 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 24 | 10 | 10 | ||||||||
27 | 4010200 | Arkansas | Arkansas Public Employees Retirement System | Arkansas Public Employees Retirement System | AR PERS Police & Fire | traditional pension plan | state and local police and firefighters | hired on or after July 1, 2005 | 0.6835238 | serves all members moderately well | 0.3949457 | 0.6556256 | 1 | does NOT serve all members well | serves all members moderately well | serves all members well | 11.0451 | 12.65165 | 30 | 0.3681699 | 0.4217215 | 17.22159 | 22.11595 | 30 | 0.5740529 | 0.7371982 | 30 | 30 | 30 | 1 | 1 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 2.045096 | 3.651645 | 2.045096 | 3.651645 | 15 | 0.1363398 | 0.243443 | 6 | 10 | 0.6 | 6.221587 | 11.11595 | 11.22159 | 16.11595 | 20 | 0.5610794 | 0.8057974 | 6 | 10 | 0.6 | 25 | 30 | 30 | 35 | 1 | 1.166667 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.04 | 4 | 5 | 0.8 | 3%, compounded | 5 | 5 | 1 | Automatic, Fixed | 21 | 27 | 0.7777778 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 24 | 10 | 10 | ||||||||
28 | 4020100 | Arkansas | Arkansas Teachers Retirement System | Arkansas Teacher Retirement System | AR TRS Teachers | traditional pension plan | public school teachers | hired after 1937 | 0.681118 | serves all members moderately well | 0.3683999 | 0.6749541 | 1 | does NOT serve all members well | serves all members moderately well | serves all members well | 9.898718 | 12.20528 | 30 | 0.3299573 | 0.4068425 | 16.49724 | 24 | 30 | 0.5499081 | 0.8 | 30 | 30 | 30 | 1 | 1 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 2.898717 | 5.205276 | 2.898717 | 5.205276 | 15 | 0.1932478 | 0.3470184 | 4 | 10 | 0.4 | 7.497244 | 15 | 12.49724 | 20 | 20 | 0.6248622 | 1 | 4 | 10 | 0.4 | 25 | 30 | 30 | 35 | 1 | 1.166667 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.0008 | 2 | 5 | 0.4 | 3%, simple | 5 | 5 | 1 | Automatic, Fixed | 10 | 27 | 0.3703704 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 28 | 0 | 10 | ||||||||
29 | 4020200 | Arkansas | Arkansas Teachers Retirement System | Arkansas Teacher Retirement System | AR TRS Non-Instructional | traditional pension plan | public school non-instructional employees | hired after 1937 | 0.6750051 | serves all members moderately well | 0.356513 | 0.6685022 | 1 | does NOT serve all members well | serves all members moderately well | serves all members well | 9.63227 | 11.75851 | 30 | 0.3210756 | 0.3919503 | 16.11013 | 24 | 30 | 0.5370044 | 0.8 | 30 | 30 | 30 | 1 | 1 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 2.63227 | 4.758508 | 2.63227 | 4.758508 | 15 | 0.1754847 | 0.3172339 | 4 | 10 | 0.4 | 7.110133 | 15 | 12.11013 | 20 | 20 | 0.6055066 | 1 | 4 | 10 | 0.4 | 25 | 30 | 30 | 35 | 1 | 1.166667 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.0008 | 2 | 5 | 0.4 | 3%, simple | 5 | 5 | 1 | No provision, Fixed | 10 | 27 | 0.3703704 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 28 | 0 | 10 | ||||||||
30 | 4030102 | Arkansas | Arkansas State Highway Employees’ Retirement System | Arkansas State Highway Employees Retirement System | AR DOT Tier 2 | traditional pension plan | state police | hired on or after April 3, 1997 | 0.6958775 | serves all members moderately well | 0.4194736 | 0.6681589 | 1 | does NOT serve all members well | serves all members moderately well | serves all members well | 10.80463 | 14.36379 | 30 | 0.3601542 | 0.4787931 | 16.08953 | 24 | 30 | 0.5363177 | 0.8 | 30 | 30 | 30 | 1 | 1 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 2.804626 | 6.363794 | 2.804626 | 6.363794 | 15 | 0.186975 | 0.424253 | 5 | 10 | 0.5 | 7.08953 | 15 | 11.08953 | 19 | 20 | 0.5544766 | 0.95 | 5 | 10 | 0.5 | 30 | 30 | 34 | 34 | 1.133333 | 1.133333 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.03 | 3 | 5 | 0.6 | Up to 3%, compounded | 4 | 5 | 0.8 | No provision, Linked to inflation | 19 | 27 | 0.7037037 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 1 | 5 | 0.2 | 53.2 | 10 | 10 | ||||||||
31 | 5010101 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS State & Local Misc Tier 1 | traditional pension plan | state and local general employees | hired on or after January 1, 2013 | 0.8155365 | serves all members well | 0.6213759 | 0.8252337 | 1 | serves all members moderately well | serves all members well | serves all members well | 18.99924 | 18.28331 | 30 | 0.633308 | 0.6094438 | 23.51402 | 26 | 30 | 0.7838007 | 0.8666667 | 30 | 30 | 30 | 1 | 1 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 8.999239 | 8.283315 | 8.999239 | 8.283315 | 15 | 0.5999492 | 0.552221 | 7 | 10 | 0.7 | 12.51402 | 15 | 16.51402 | 19 | 20 | 0.8257011 | 0.95 | 7 | 10 | 0.7 | 30 | 30 | 34 | 34 | 1.133333 | 1.133333 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
32 | 5010102 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS State & Local Misc Tier 2 | traditional pension plan | state and local general employees | hired on or after January 1, 2013 | 0.6430365 | serves all members moderately well | 0.3588789 | 0.603564 | 0.9666666 | does NOT serve all members well | serves all members moderately well | serves all members well | 10.97025 | 10.56248 | 30 | 0.3656751 | 0.3520826 | 16.52089 | 19.69295 | 30 | 0.5506964 | 0.6564317 | 29 | 29 | 30 | 0.9666666 | 0.9666666 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 3.970252 | 3.562478 | 3.970252 | 3.562478 | 15 | 0.2646835 | 0.2374986 | 7 | 10 | 0.7 | 5.520891 | 8.692952 | 9.520891 | 12.69295 | 20 | 0.4760446 | 0.6346476 | 7 | 10 | 0.7 | 25 | 25 | 29 | 29 | 0.9666666 | 0.9666666 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
33 | 5010301 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS State & Local Industrial Tier 1 Classic | traditional pension plan | state and local general employees | hired on or after January 1, 2013 | 0.5594282 | serves all members moderately well | 0.4589945 | 0.6461562 | 0.5731338 | does NOT serve all members well | serves all members moderately well | serves all members moderately well | 12.58266 | 14.95701 | 30 | 0.419422 | 0.498567 | 17.4594 | 21.30997 | 30 | 0.5819801 | 0.7103322 | 18.17169 | 16.21633 | 30 | 0.6057231 | 0.5405444 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 2.58266 | 4.957011 | 2.58266 | 4.957011 | 15 | 0.1721774 | 0.3304674 | 7 | 10 | 0.7 | 6.459403 | 10.30997 | 10.4594 | 14.30997 | 20 | 0.5229701 | 0.7154983 | 7 | 10 | 0.7 | 14.17169 | 12.21633 | 18.17169 | 16.21633 | 0.6057231 | 0.5405444 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
34 | 5010302 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS State & Local Industrial Tier 2 | traditional pension plan | state and local general employees | hired on or after January 1, 2013 | 0.4306864 | does NOT serve all members well | 0.2844061 | 0.562027 | 0.445626 | does NOT serve all members well | serves all members moderately well | does NOT serve all members well | 8.608522 | 8.455845 | 30 | 0.2869507 | 0.2818615 | 15.11497 | 18.60664 | 30 | 0.5038325 | 0.6202214 | 14.0434 | 12.69416 | 30 | 0.4681133 | 0.4231387 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | does not serve Full Career Workers well. | does not serve Full Career Workers well. | 1.608522 | 1.455845 | 1.608522 | 1.455845 | 15 | 0.1072348 | 0.0970563 | 7 | 10 | 0.7 | 4.114974 | 7.606644 | 8.114973 | 11.60664 | 20 | 0.4057487 | 0.5803322 | 7 | 10 | 0.7 | 10.0434 | 8.694162 | 14.0434 | 12.69416 | 0.4681133 | 0.4231387 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
35 | 5010401 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS State & Local Industrial Tier 1 PEPRA | traditional pension plan | state and local general employees | hired on or after January 1, 2013 | 0.5642285 | serves all members moderately well | 0.4543621 | 0.642957 | 0.5953664 | does NOT serve all members well | serves all members moderately well | serves all members moderately well | 12.59153 | 14.6702 | 30 | 0.4197176 | 0.4890065 | 16.82362 | 21.7538 | 30 | 0.5607874 | 0.7251266 | 18.8881 | 16.83389 | 30 | 0.6296032 | 0.5611296 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 2.591528 | 4.670197 | 2.591528 | 4.670197 | 15 | 0.1727685 | 0.3113464 | 7 | 10 | 0.7 | 5.823625 | 10.7538 | 9.823625 | 14.7538 | 20 | 0.4911812 | 0.7376899 | 7 | 10 | 0.7 | 14.88809 | 12.83389 | 18.8881 | 16.83389 | 0.6296032 | 0.5611296 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
36 | 5010500 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS State Peace Officers and Firefighters Classic | traditional pension plan | state and local police and firefighters | hired on or after January 1, 2013 | 0.7527124 | serves all members well | 0.6125747 | 0.8552073 | 0.7903552 | serves all members moderately well | serves all members well | serves all members well | 16.29476 | 20.45972 | 30 | 0.5431587 | 0.6819906 | 25.31244 | 26 | 30 | 0.843748 | 0.8666667 | 25.20633 | 22.21499 | 30 | 0.8402109 | 0.7404996 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 6.294761 | 10.45972 | 6.294761 | 10.45972 | 15 | 0.4196507 | 0.6973146 | 7 | 10 | 0.7 | 14.31244 | 15 | 18.31244 | 19 | 20 | 0.9156219 | 0.95 | 7 | 10 | 0.7 | 21.20633 | 18.21499 | 25.20633 | 22.21499 | 0.8402109 | 0.7404996 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
37 | 5010600 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS State Peace Officers and Firefighters PEPRA | traditional pension plan | state and local police and firefighters | hired on or after January 1, 2013 | 0.7591692 | serves all members well | 0.6691326 | 0.8334434 | 0.7749316 | serves all members moderately well | serves all members well | serves all members well | 18.64524 | 21.50272 | 30 | 0.6215079 | 0.7167574 | 24.0066 | 26 | 30 | 0.8002201 | 0.8666667 | 26.10241 | 20.39349 | 30 | 0.8700803 | 0.6797829 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 8.645238 | 11.50272 | 8.645238 | 11.50272 | 15 | 0.5763492 | 0.766848 | 7 | 10 | 0.7 | 13.0066 | 15 | 17.0066 | 19 | 20 | 0.8503301 | 0.95 | 7 | 10 | 0.7 | 22.10241 | 16.39349 | 26.10241 | 20.39349 | 0.8700803 | 0.6797829 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
38 | 5010700 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS State & Local Safety Classic | traditional pension plan | state and local public safety employees | hired on or after January 1, 2013 | 0.6482058 | serves all members moderately well | 0.5284638 | 0.7353019 | 0.6808515 | serves all members moderately well | serves all members moderately well | serves all members moderately well | 14.17683 | 17.531 | 30 | 0.472561 | 0.5843667 | 19.6089 | 24.5092 | 30 | 0.6536301 | 0.8169735 | 21.67194 | 19.17915 | 30 | 0.7223979 | 0.6393051 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 4.176831 | 7.531 | 4.176831 | 7.531 | 15 | 0.2784554 | 0.5020667 | 7 | 10 | 0.7 | 8.608904 | 13.5092 | 12.6089 | 17.5092 | 20 | 0.6304452 | 0.8754603 | 7 | 10 | 0.7 | 17.67194 | 15.17915 | 21.67194 | 19.17915 | 0.7223979 | 0.6393051 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
39 | 5010800 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS State & Local Safety PEPRA | traditional pension plan | state and local public safety employees | hired on or after January 1, 2013 | 0.5891528 | serves all members moderately well | 0.5083017 | 0.6693674 | 0.5897892 | serves all members moderately well | serves all members moderately well | serves all members moderately well | 14.44915 | 16.04895 | 30 | 0.4816382 | 0.5349652 | 18.72954 | 21.4325 | 30 | 0.6243181 | 0.7144166 | 19.24403 | 16.14332 | 30 | 0.6414675 | 0.5381107 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 4.449146 | 6.048954 | 4.449146 | 6.048954 | 15 | 0.2966098 | 0.4032636 | 7 | 10 | 0.7 | 7.729543 | 10.4325 | 11.72954 | 14.4325 | 20 | 0.5864772 | 0.721625 | 7 | 10 | 0.7 | 15.24403 | 12.14332 | 19.24403 | 16.14332 | 0.6414675 | 0.5381107 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
40 | 5010900 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS Highway Patrol Classic | traditional pension plan | state police | hired on or after January 1, 2013 | 0.7756624 | serves all members well | 0.6791023 | 0.8575296 | 0.7903552 | serves all members moderately well | serves all members well | serves all members well | 18.62618 | 22.11996 | 30 | 0.6208727 | 0.7373319 | 25.45178 | 26 | 30 | 0.8483926 | 0.8666667 | 25.20633 | 22.21499 | 30 | 0.8402109 | 0.7404996 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 8.626184 | 12.11996 | 8.626184 | 12.11996 | 15 | 0.5750789 | 0.807997 | 7 | 10 | 0.7 | 14.45178 | 15 | 18.45178 | 19 | 20 | 0.9225889 | 0.95 | 7 | 10 | 0.7 | 21.20633 | 18.21499 | 25.20633 | 22.21499 | 0.8402109 | 0.7404996 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
41 | 5011000 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS Highway Patrol PEPRA | traditional pension plan | state police | hired on or after January 1, 2013 | 0.7128741 | serves all members moderately well | 0.5927014 | 0.8212678 | 0.724653 | serves all members moderately well | serves all members well | serves all members moderately well | 15.85024 | 19.71184 | 30 | 0.5283413 | 0.6570615 | 23.27607 | 26 | 30 | 0.7758691 | 0.8666667 | 23.08569 | 20.39349 | 30 | 0.7695231 | 0.6797829 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 5.850238 | 9.711843 | 5.850238 | 9.711843 | 15 | 0.3900159 | 0.6474562 | 7 | 10 | 0.7 | 12.27607 | 15 | 16.27607 | 19 | 20 | 0.8138036 | 0.95 | 7 | 10 | 0.7 | 19.08569 | 16.39349 | 23.08569 | 20.39349 | 0.7695231 | 0.6797829 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
42 | 5011100 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS Schools Classic | traditional pension plan | public school non-instructional employees | hired on or after January 1, 2013 | 0.5044832 | serves all members moderately well | 0.4210735 | 0.5543504 | 0.5380256 | does NOT serve all members well | serves all members moderately well | serves all members moderately well | 11.63297 | 13.63144 | 30 | 0.3877657 | 0.4543813 | 14.92229 | 18.33874 | 30 | 0.4974097 | 0.6112912 | 16.32976 | 15.95178 | 30 | 0.5443252 | 0.5317259 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 1.632972 | 3.631437 | 1.632972 | 3.631437 | 15 | 0.1088648 | 0.2420958 | 7 | 10 | 0.7 | 3.922292 | 7.338736 | 7.922292 | 11.33874 | 20 | 0.3961146 | 0.5669368 | 7 | 10 | 0.7 | 12.32976 | 11.95178 | 16.32976 | 15.95178 | 0.5443252 | 0.5317259 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
43 | 5011200 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS Schools PEPRA | traditional pension plan | public school non-instructional employees | hired on or after January 1, 2013 | 0.5090918 | serves all members moderately well | 0.4156176 | 0.5531744 | 0.5584834 | does NOT serve all members well | serves all members moderately well | serves all members moderately well | 11.5649 | 13.37216 | 30 | 0.3854966 | 0.4457386 | 14.53623 | 18.65423 | 30 | 0.4845411 | 0.6218077 | 16.95304 | 16.55596 | 30 | 0.5651015 | 0.5518653 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 1.564898 | 3.372159 | 1.564898 | 3.372159 | 15 | 0.1043265 | 0.2248106 | 7 | 10 | 0.7 | 3.536233 | 7.65423 | 7.536233 | 11.65423 | 20 | 0.3768117 | 0.5827115 | 7 | 10 | 0.7 | 12.95304 | 12.55596 | 16.95304 | 16.55596 | 0.5651015 | 0.5518653 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
44 | 5011300 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS Safety Public Agency Misc | traditional pension plan | state and local public safety employees | hired on or after January 1, 2012 | 0.7075964 | serves all members moderately well | 0.5164708 | 0.7649699 | 0.8413484 | serves all members moderately well | serves all members well | serves all members well | 14.06086 | 16.92739 | 30 | 0.4686954 | 0.5642462 | 19.89819 | 26 | 30 | 0.6632731 | 0.8666667 | 26.68336 | 23.79754 | 30 | 0.8894454 | 0.7932513 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 4.060862 | 6.927388 | 4.060862 | 6.927388 | 15 | 0.2707241 | 0.4618259 | 7 | 10 | 0.7 | 8.898194 | 15 | 12.89819 | 19 | 20 | 0.6449097 | 0.95 | 7 | 10 | 0.7 | 22.68336 | 19.79754 | 26.68336 | 23.79754 | 0.8894454 | 0.7932513 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
45 | 5011400 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS Safety Public Agency Fire | traditional pension plan | state and local firefighters | hired on or after January 1, 2012 | 0.7657446 | serves all members well | 0.6180264 | 0.7992483 | 0.879959 | serves all members moderately well | serves all members well | serves all members well | 18.12008 | 18.9615 | 30 | 0.6040028 | 0.63205 | 21.9549 | 26 | 30 | 0.7318299 | 0.8666667 | 29 | 23.79754 | 30 | 0.9666666 | 0.7932513 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 8.120084 | 8.9615 | 8.120084 | 8.9615 | 15 | 0.5413389 | 0.5974333 | 7 | 10 | 0.7 | 10.9549 | 15 | 14.9549 | 19 | 20 | 0.7477449 | 0.95 | 7 | 10 | 0.7 | 25 | 19.79754 | 29 | 23.79754 | 0.9666666 | 0.7932513 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
46 | 5011500 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS Safety Public Agency Police | traditional pension plan | state and local police | hired on or after January 1, 2012 | 0.7546619 | serves all members well | 0.6033133 | 0.7876587 | 0.8730137 | serves all members moderately well | serves all members well | serves all members well | 17.59276 | 18.60603 | 30 | 0.5864255 | 0.6202011 | 21.25952 | 26 | 30 | 0.7086508 | 0.8666667 | 28.58328 | 23.79754 | 30 | 0.9527761 | 0.7932513 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 7.592764 | 8.606032 | 7.592764 | 8.606032 | 15 | 0.5061843 | 0.5737355 | 7 | 10 | 0.7 | 10.25952 | 15 | 14.25952 | 19 | 20 | 0.7129762 | 0.95 | 7 | 10 | 0.7 | 24.58328 | 19.79754 | 28.58328 | 23.79754 | 0.9527761 | 0.7932513 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
47 | 5011600 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS Safety Public Agency County Peace Officers | traditional pension plan | local police | hired on or after January 1, 2012 | 0.7612628 | serves all members well | 0.6104487 | 0.7933806 | 0.879959 | serves all members moderately well | serves all members well | serves all members well | 17.83082 | 18.7961 | 30 | 0.5943606 | 0.6265367 | 21.60284 | 26 | 30 | 0.7200946 | 0.8666667 | 29 | 23.79754 | 30 | 0.9666666 | 0.7932513 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 7.83082 | 8.796102 | 7.83082 | 8.796102 | 15 | 0.5220546 | 0.5864068 | 7 | 10 | 0.7 | 10.60284 | 15 | 14.60284 | 19 | 20 | 0.7301418 | 0.95 | 7 | 10 | 0.7 | 25 | 19.79754 | 29 | 23.79754 | 0.9666666 | 0.7932513 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
48 | 5011700 | California | California Public Employees Retirement System | California Public Employees Retirement Fund | CalPERS Safety Public Agency Schools | traditional pension plan | public school safety officers | hired on or after January 1, 2012 | 0.7352634 | serves all members moderately well | 0.5821693 | 0.7735866 | 0.8500342 | serves all members moderately well | serves all members well | serves all members well | 17.04851 | 17.88165 | 30 | 0.5682837 | 0.596055 | 20.4152 | 26 | 30 | 0.6805066 | 0.8666667 | 27.20452 | 23.79754 | 30 | 0.9068173 | 0.7932513 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 7.04851 | 7.88165 | 7.04851 | 7.88165 | 15 | 0.4699006 | 0.5254433 | 7 | 10 | 0.7 | 9.415198 | 15 | 13.4152 | 19 | 20 | 0.6707599 | 0.95 | 7 | 10 | 0.7 | 23.20452 | 19.79754 | 27.20452 | 23.79754 | 0.9068173 | 0.7932513 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
49 | 5020100 | California | California State Teachers Retirement System | California State Teachers’ Retirement System | CalSTRS PEPRA | traditional pension plan | public school teachers | hired on or after January 1, 2013 | 0.5823365 | serves all members moderately well | 0.383102 | 0.5636604 | 0.8002471 | does NOT serve all members well | serves all members moderately well | serves all members well | 12.07927 | 10.90685 | 30 | 0.4026424 | 0.3635616 | 15.1292 | 18.69043 | 30 | 0.5043067 | 0.6230142 | 24.74033 | 23.27449 | 30 | 0.8246776 | 0.7758165 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 5.079274 | 3.906848 | 5.079274 | 3.906848 | 15 | 0.3386182 | 0.2604565 | 4 | 10 | 0.4 | 6.1292 | 9.690425 | 11.1292 | 14.69042 | 20 | 0.55646 | 0.7345213 | 4 | 10 | 0.4 | 19.74033 | 18.27449 | 24.74033 | 23.27449 | 0.8246776 | 0.7758165 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.0154 | 2 | 5 | 0.4 | 2%, simple | 5 | 5 | 1 | Automatic, Fixed | 12 | 27 | 0.4444444 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 30 | 0 | 10 | ||||||||
50 | 5020260 | California | California State Teachers Retirement System | California State Teachers’ Retirement System | CalSTRS GR Option | guaranteed return plan | public school teachers | hired on or after January 1, 2013 | 0.4420541 | does NOT serve all members well | 0.4960234 | 0.5031449 | 0.326994 | does NOT serve all members well | serves all members moderately well | does NOT serve all members well | 14.67628 | 15.08513 | 30 | 0.4892092 | 0.5028375 | 14.8667 | 15.32199 | 30 | 0.4955567 | 0.5107332 | 9.834841 | 9.784798 | 30 | 0.327828 | 0.3261599 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | does not serve Full Career Workers well. | does not serve Full Career Workers well. | 1.676276 | 2.085127 | 1.676276 | 2.085127 | 15 | 0.1117517 | 0.1390085 | 8 | 10 | 0.8 | 1.866699 | 2.321995 | 6.866699 | 7.321995 | 20 | 0.3433349 | 0.3660998 | 8 | 10 | 0.8 | 4.834841 | 4.784798 | 9.834841 | 9.784798 | 0.327828 | 0.3261599 | 5 | 5 | 1 | 0 | 5 | 5 | 1 | 100% of all employer and member contributions are refunded with interest or returns on investments | 0.0275 | 0.0386 | 3 | 5 | 0.6 | 2%, simple | 5 | 5 | 1 | Automatic, Fixed | 14 | 27 | 0.5185185 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 0 | 10 | ||||||||
51 | 5030116 | California | University of California Retirement System | University of California Retirement System | CA UCRS Faculty PEPRA | traditional pension plan | higher education faculty | hired on or after July 1, 2016 | 0.712571 | serves all members moderately well | 0.5115786 | 0.6594676 | 0.9666666 | serves all members moderately well | serves all members moderately well | serves all members well | 14.65019 | 16.04452 | 30 | 0.4883398 | 0.5348173 | 17.25898 | 22.30908 | 30 | 0.5752994 | 0.7436359 | 29 | 29 | 30 | 0.9666666 | 0.9666666 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 4.650194 | 6.044517 | 4.650194 | 6.044517 | 15 | 0.3100129 | 0.4029678 | 7 | 10 | 0.7 | 6.258982 | 11.30908 | 10.25898 | 15.30908 | 20 | 0.5129491 | 0.7654538 | 7 | 10 | 0.7 | 25 | 25 | 29 | 29 | 0.9666666 | 0.9666666 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.06 | 5 | 5 | 1 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 3 | 5 | 0.6 | 17.83 | 0 | 10 | ||||||||
52 | 5030202 | California | University of California Retirement System | University of California Retirement System | CA UCRS Safety PEPRA | traditional pension plan | higher education non-instructional employees | hired on or after July 1, 2016 | 0.8016868 | serves all members well | 0.6467769 | 0.8938881 | 0.8643954 | serves all members moderately well | serves all members well | serves all members well | 16.51722 | 22.2894 | 30 | 0.5505739 | 0.7429799 | 26.63329 | 27 | 30 | 0.8877763 | 0.9 | 27.27033 | 24.5934 | 30 | 0.9090109 | 0.8197799 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 6.517217 | 12.2894 | 6.517217 | 12.2894 | 15 | 0.4344811 | 0.8192933 | 7 | 10 | 0.7 | 14.63329 | 15 | 19.63329 | 20 | 20 | 0.9816645 | 1 | 7 | 10 | 0.7 | 22.27033 | 19.5934 | 27.27033 | 24.5934 | 0.9090109 | 0.8197799 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.06 | 5 | 5 | 1 | Fixed 2%, simple | 5 | 5 | 1 | Automatic, Fixed | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 3 | 5 | 0.6 | 17.83 | 0 | 10 | ||||||||
53 | 5040100 | California | California Public Employees Retirement System | California Judges' Retirement Fund II | CA JRF 2 PEPRA | traditional pension plan | judges | hired on or after November 4, 1994 | 0.9 | serves all members well | 0.8333333 | 0.8666667 | 1 | serves all members well | serves all members well | serves all members well | 25 | 25 | 30 | 0.8333333 | 0.8333333 | 26 | 26 | 30 | 0.8666667 | 0.8666667 | 30 | 30 | 30 | 1 | 1 | serves Short-Term Workers well. | serves Short-Term Workers well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 15 | 15 | 15 | 15 | 15 | 1 | 1 | 7 | 10 | 0.7 | 15 | 15 | 19 | 19 | 20 | 0.95 | 0.95 | 7 | 10 | 0.7 | 30 | 30 | 34 | 34 | 1.133333 | 1.133333 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.06 | 5 | 5 | 1 | Up to 3%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 20 | 27 | 0.7407407 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 8 | 10 | ||||||||
54 | 6010100 | Colorado | Colorado Public Employees Retirement Association | Colorado PERA - Schools Division Fund | CO PERA Schools Division | traditional pension plan | public school teachers | hired on or after January 1, 2011 | 0.5862172 | serves all members moderately well | 0.391115 | 0.5145336 | 0.853003 | does NOT serve all members well | serves all members moderately well | serves all members well | 11.20795 | 12.25895 | 30 | 0.3735985 | 0.4086315 | 13.46562 | 17.4064 | 30 | 0.4488539 | 0.5802133 | 23.35241 | 27.82776 | 30 | 0.7784138 | 0.9275922 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.207954 | 2.258945 | 1.207954 | 2.258945 | 15 | 0.0805303 | 0.1505964 | 7 | 10 | 0.7 | 2.465616 | 6.406398 | 6.465616 | 10.4064 | 20 | 0.3232808 | 0.5203199 | 7 | 10 | 0.7 | 19.35241 | 23.82776 | 23.35241 | 27.82776 | 0.7784138 | 0.9275922 | 3 | 5 | 0.6 | 5 | 4 | 5 | 0.8 | A share of employer contributions and all member contributions refunded with interest | 0.024 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 28 | 0 | 10 | ||||||||
55 | 6010200 | Colorado | Colorado Public Employees Retirement Association | Colorado PERA - Denver Public Schools Fund | CO PERA Denver Schools | traditional pension plan | public school teachers | hired on or after January 1, 2020 | 0.5623127 | serves all members moderately well | 0.3377081 | 0.4450055 | 0.9042244 | does NOT serve all members well | does NOT serve all members well | serves all members well | 9.778622 | 10.48386 | 30 | 0.325954 | 0.3494621 | 11.59873 | 15.1016 | 30 | 0.3866244 | 0.5033866 | 25.43001 | 28.82346 | 30 | 0.8476669 | 0.9607819 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.778621 | 2.483862 | 1.778621 | 2.483862 | 15 | 0.1185747 | 0.1655908 | 5 | 10 | 0.5 | 2.598733 | 6.101598 | 6.598733 | 10.1016 | 20 | 0.3299367 | 0.5050799 | 5 | 10 | 0.5 | 21.43001 | 24.82346 | 25.43001 | 28.82346 | 0.8476669 | 0.9607819 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.024 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 12 | 27 | 0.4444444 | possibly distressed and improvement should be a high priority. | Possibly distressed | 3 | 5 | 0.6 | 25 | 0 | 10 | ||||||||
56 | 6010300 | Colorado | Colorado Public Employees Retirement Association | Colorado PERA - State Division Fund | CO PERA State General | traditional pension plan | state general employees | hired on or after January 1, 2011 | 0.5887986 | serves all members moderately well | 0.3961856 | 0.5212291 | 0.8489811 | does NOT serve all members well | serves all members moderately well | serves all members well | 11.33942 | 12.43171 | 30 | 0.3779808 | 0.4143904 | 13.61746 | 17.65629 | 30 | 0.4539153 | 0.588543 | 23.24478 | 27.69409 | 30 | 0.7748259 | 0.9231364 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.339424 | 2.431713 | 1.339424 | 2.431713 | 15 | 0.0892949 | 0.1621142 | 7 | 10 | 0.7 | 2.617459 | 6.65629 | 6.617458 | 10.65629 | 20 | 0.3308729 | 0.5328145 | 7 | 10 | 0.7 | 19.24478 | 23.69409 | 23.24478 | 27.69409 | 0.7748259 | 0.9231364 | 3 | 5 | 0.6 | 5 | 4 | 5 | 0.8 | A share of employer contributions and all member contributions refunded with interest | 0.024 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 27 | 0 | 10 | ||||||||
57 | 6010400 | Colorado | Colorado Public Employees Retirement Association | Colorado PERA - State Division Fund | CO PERA State Troopers | traditional pension plan | state police | hired on or after January 1, 2011 | 0.5844572 | serves all members moderately well | 0.4048219 | 0.5417107 | 0.806839 | does NOT serve all members well | serves all members moderately well | serves all members well | 11.60588 | 12.68344 | 30 | 0.3868625 | 0.4227812 | 15.16568 | 17.33696 | 30 | 0.5055227 | 0.5778987 | 19.72614 | 28.6842 | 30 | 0.6575381 | 0.95614 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers moderately well. | serves Full Career Workers well. | 1.605876 | 2.683435 | 1.605876 | 2.683435 | 15 | 0.1070584 | 0.1788957 | 7 | 10 | 0.7 | 4.165682 | 6.336961 | 8.165682 | 10.33696 | 20 | 0.4082841 | 0.516848 | 7 | 10 | 0.7 | 15.72614 | 24.6842 | 19.72614 | 28.6842 | 0.6575381 | 0.95614 | 3 | 5 | 0.6 | 5 | 4 | 5 | 0.8 | A share of employer contributions and all member contributions refunded with interest | 0.024 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 27 | 0 | 10 | ||||||||
58 | 6010500 | Colorado | Colorado Public Employees Retirement Association | Colorado PERA - Local Division Fund | CO PERA Local Division | traditional pension plan | local general employees | hired on or after January 1, 2011 | 0.589085 | serves all members moderately well | 0.39719 | 0.5210778 | 0.8489873 | does NOT serve all members well | serves all members moderately well | serves all members well | 11.35106 | 12.48034 | 30 | 0.3783688 | 0.4160113 | 13.59595 | 17.66871 | 30 | 0.4531984 | 0.5889571 | 23.24478 | 27.69446 | 30 | 0.7748259 | 0.9231488 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.351063 | 2.480339 | 1.351063 | 2.480339 | 15 | 0.0900709 | 0.1653559 | 7 | 10 | 0.7 | 2.595952 | 6.668715 | 6.595952 | 10.66871 | 20 | 0.3297976 | 0.5334357 | 7 | 10 | 0.7 | 19.24478 | 23.69446 | 23.24478 | 27.69446 | 0.7748259 | 0.9231488 | 3 | 5 | 0.6 | 5 | 4 | 5 | 0.8 | A share of employer contributions and all member contributions refunded with interest | 0.024 | 0.03 | 3 | 5 | 0.6 | Up to 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 22 | 27 | 0.8148148 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 22 | 10 | 10 | ||||||||
59 | 6020130 | Colorado | Colorado Public Employees Retirement Association | Colorado PERAChoice Defined Contribution Plan | CO PERAChoice DC State General | defined contribution plan | state general employees | hired on or after January 1, 2006 | 0.6870596 | serves all members moderately well | 0.5221084 | 0.5594072 | 0.9796631 | serves all members moderately well | serves all members moderately well | serves all members well | 12.45223 | 13.65319 | 25 | 0.4980891 | 0.5461277 | 10.40585 | 11.97044 | 20 | 0.5202923 | 0.5985221 | 25 | 23.98316 | 25 | 1 | 0.9593263 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 6.452227 | 7.653193 | 6.452227 | 7.653193 | 15 | 0.4301485 | 0.5102128 | 2 | 5 | 0.4 | 8.405846 | 9.970441 | 8.405846 | 9.970441 | 15 | 0.5603897 | 0.664696 | 2 | 5 | 0.4 | 30 | 23.98316 | 30 | 23.98316 | 1.2 | 0.9593263 | 4 | 5 | 0.8 | 5 | 2 | 5 | 0.4 | Graded vesting of employer contributions is 4 or 5 years | 27 | N/A | N/A | ||||||||||||||||||||||||||
60 | 6020230 | Colorado | Colorado Public Employees Retirement Association | Colorado PERAChoice Defined Contribution Plan | CO PERAChoice DC Universities & Colleges | defined contribution plan | higher education faculty and non-instructional employees | hired on or after January 1, 2019 | 0.6870596 | serves all members moderately well | 0.5221084 | 0.5594072 | 0.9796631 | serves all members moderately well | serves all members moderately well | serves all members well | 12.45223 | 13.65319 | 25 | 0.4980891 | 0.5461277 | 10.40585 | 11.97044 | 20 | 0.5202923 | 0.5985221 | 25 | 23.98316 | 25 | 1 | 0.9593263 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 6.452227 | 7.653193 | 6.452227 | 7.653193 | 15 | 0.4301485 | 0.5102128 | 2 | 5 | 0.4 | 8.405846 | 9.970441 | 8.405846 | 9.970441 | 15 | 0.5603897 | 0.664696 | 2 | 5 | 0.4 | 30 | 23.98316 | 30 | 23.98316 | 1.2 | 0.9593263 | 4 | 5 | 0.8 | 5 | 2 | 5 | 0.4 | Graded vesting of employer contributions is 4 or 5 years | 27 | N/A | N/A | ||||||||||||||||||||||||||
61 | 6020330 | Colorado | Colorado Public Employees Retirement Association | Colorado PERAChoice Defined Contribution Plan | CO PERAChoice DC State Public Safety | defined contribution plan | state public safety employees | hired on or after January 1, 2006 | 0.751321 | serves all members well | 0.5873988 | 0.6665642 | 1 | serves all members moderately well | serves all members moderately well | serves all members well | 13.94551 | 15.42443 | 25 | 0.5578205 | 0.6169771 | 12.36651 | 14.29605 | 20 | 0.6183257 | 0.7148026 | 25 | 25 | 25 | 1 | 1 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 7.945513 | 9.424427 | 7.945513 | 9.424427 | 15 | 0.5297009 | 0.6282951 | 2 | 5 | 0.4 | 10.36651 | 12.29605 | 10.36651 | 12.29605 | 15 | 0.691101 | 0.8197368 | 2 | 5 | 0.4 | 30 | 25 | 30 | 25 | 1.2 | 1 | 4 | 5 | 0.8 | 5 | 2 | 5 | 0.4 | Graded vesting of employer contributions is 4 or 5 years | 27 | N/A | N/A | ||||||||||||||||||||||||||
62 | 6020430 | Colorado | Colorado Public Employees Retirement Association | Colorado PERAChoice Defined Contribution Plan | CO PERAChoice DC Local Division | defined contribution plan | local public safety employees | hired on or after January 1, 2019 | 0.6567145 | serves all members moderately well | 0.5014591 | 0.5255245 | 0.9431599 | serves all members moderately well | serves all members moderately well | serves all members well | 11.95368 | 13.11927 | 25 | 0.4781472 | 0.524771 | 9.751688 | 11.26929 | 20 | 0.4875844 | 0.5634645 | 25 | 22.158 | 25 | 1 | 0.8863199 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 5.953681 | 7.119274 | 5.953681 | 7.119274 | 15 | 0.396912 | 0.4746183 | 2 | 5 | 0.4 | 7.751688 | 9.26929 | 7.751688 | 9.26929 | 15 | 0.5167792 | 0.6179526 | 2 | 5 | 0.4 | 30 | 22.158 | 30 | 22.158 | 1.2 | 0.8863199 | 4 | 5 | 0.8 | 5 | 2 | 5 | 0.4 | Graded vesting of employer contributions is 4 or 5 years | 27 | N/A | N/A | ||||||||||||||||||||||||||
63 | 6030107 | Colorado | Colorado Fire and Police Pension Association | Colorado Fire and Police Pension Association | CO P&F Post-2007 | traditional pension plan | state and local police and firefighters | hired on or after January 1, 2007 | 0.7790764 | serves all members well | 0.5297087 | 0.8075205 | 1 | serves all members moderately well | serves all members well | serves all members well | 15.85851 | 15.92402 | 30 | 0.5286168 | 0.5308005 | 23.25585 | 25.19538 | 30 | 0.7751951 | 0.8398459 | 30 | 30 | 30 | 1 | 1 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 5.858505 | 5.924016 | 5.858505 | 5.924016 | 15 | 0.390567 | 0.3949344 | 7 | 10 | 0.7 | 12.25585 | 14.19538 | 16.25585 | 18.19538 | 20 | 0.8127926 | 0.9097689 | 7 | 10 | 0.7 | 30 | 30 | 34 | 34 | 1.133333 | 1.133333 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.05 | 5 | 5 | 1 | Up to 3%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 30 | 10 | 10 | ||||||||
64 | 7010100 | Connecticut | Connecticut Municipal Employees Retirement System | Connecticut Municipal Employees Retirement System | CT MERS General (Not SSA Covered) | traditional pension plan | local general employees | hired after 1947 | 0.5299596 | serves all members moderately well | 0.4048938 | 0.5735296 | 0.6114552 | does NOT serve all members well | serves all members moderately well | serves all members moderately well | 11.35657 | 12.93705 | 30 | 0.3785524 | 0.4312352 | 14.91534 | 19.49644 | 30 | 0.497178 | 0.6498813 | 17.45197 | 19.23534 | 30 | 0.5817325 | 0.641178 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 1.356572 | 2.937055 | 1.356572 | 2.937055 | 15 | 0.0904381 | 0.1958037 | 7 | 10 | 0.7 | 3.915339 | 8.496439 | 7.915339 | 12.49644 | 20 | 0.3957669 | 0.624822 | 7 | 10 | 0.7 | 13.45197 | 15.23534 | 17.45197 | 19.23534 | 0.5817325 | 0.641178 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.05 | 5 | 5 | 1 | 60% of CPI increase, minium 2.5%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 3 | 5 | 0.6 | 20 | 8 | 10 | ||||||||
65 | 7010200 | Connecticut | Connecticut Municipal Employees Retirement System | Connecticut Municipal Employees Retirement System | CT MERS General (SSA Covered) | traditional pension plan | local general employees | hired after 1947 | 0.632778 | serves all members moderately well | 0.4263961 | 0.6601884 | 0.8117495 | does NOT serve all members well | serves all members moderately well | serves all members well | 11.7066 | 13.87716 | 30 | 0.3902201 | 0.462572 | 16.55555 | 23.05576 | 30 | 0.5518516 | 0.7685253 | 23.08726 | 25.61771 | 30 | 0.7695753 | 0.8539237 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.706603 | 3.877161 | 1.706603 | 3.877161 | 15 | 0.1137735 | 0.2584774 | 7 | 10 | 0.7 | 5.555549 | 12.05576 | 9.555549 | 16.05576 | 20 | 0.4777774 | 0.802788 | 7 | 10 | 0.7 | 19.08726 | 21.61771 | 23.08726 | 25.61771 | 0.7695753 | 0.8539237 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.05 | 5 | 5 | 1 | 60% of CPI increase, minium 2.5%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 3 | 5 | 0.6 | 20 | 8 | 10 | ||||||||
66 | 7010300 | Connecticut | Connecticut Municipal Employees Retirement System | Connecticut Municipal Employees Retirement System | CT MERS Safety (Not SSA Covered) | traditional pension plan | local public safety employees | hired after 1947 | 0.6129473 | serves all members moderately well | 0.4619253 | 0.7258167 | 0.6510998 | does NOT serve all members well | serves all members moderately well | serves all members moderately well | 12.70348 | 15.01204 | 30 | 0.4234493 | 0.5004013 | 19.27548 | 24.27353 | 30 | 0.642516 | 0.8091175 | 19.65387 | 19.41212 | 30 | 0.6551289 | 0.6470707 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 2.703479 | 5.012037 | 2.703479 | 5.012037 | 15 | 0.1802319 | 0.3341358 | 7 | 10 | 0.7 | 8.27548 | 13.27353 | 12.27548 | 17.27353 | 20 | 0.613774 | 0.8636762 | 7 | 10 | 0.7 | 15.65387 | 15.41212 | 19.65387 | 19.41212 | 0.6551289 | 0.6470707 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.05 | 5 | 5 | 1 | 60% of CPI increase, minium 2.5%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 3 | 5 | 0.6 | 20 | 8 | 10 | ||||||||
67 | 7010400 | Connecticut | Connecticut Municipal Employees Retirement System | Connecticut Municipal Employees Retirement System | CT MERS Safety (SSA Covered) | traditional pension plan | local public safety employees | hired after 1947 | 0.727249 | serves all members moderately well | 0.5013743 | 0.8123707 | 0.8680021 | serves all members moderately well | serves all members well | serves all members well | 13.42921 | 16.65325 | 30 | 0.4476402 | 0.5551084 | 22.74224 | 26 | 30 | 0.7580746 | 0.8666667 | 26.21157 | 25.86855 | 30 | 0.873719 | 0.8622851 | does not serve Short-Term Workers well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 3.429206 | 6.653253 | 3.429206 | 6.653253 | 15 | 0.2286137 | 0.4435502 | 7 | 10 | 0.7 | 11.74224 | 15 | 15.74224 | 19 | 20 | 0.7871118 | 0.95 | 7 | 10 | 0.7 | 22.21157 | 21.86855 | 26.21157 | 25.86855 | 0.873719 | 0.8622851 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.05 | 5 | 5 | 1 | 60% of CPI increase, minium 2.5%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 3 | 5 | 0.6 | 20 | 8 | 10 | ||||||||
68 | 7020100 | Connecticut | Connecticut State Employees Retirement System | Connecticut State Employees Retirement System | CT SERS Non-Hazardous | traditional pension plan | state general employees | hired on or after July 1, 2011 | 0.581985 | serves all members moderately well | 0.2400518 | 0.5395972 | 0.9663061 | does NOT serve all members well | serves all members moderately well | serves all members well | 7.147514 | 7.255592 | 30 | 0.2382505 | 0.2418531 | 13.50881 | 18.86702 | 30 | 0.4502937 | 0.6289006 | 28.97837 | 29 | 30 | 0.9659457 | 0.9666666 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.147515 | 1.255592 | 1.147515 | 1.255592 | 15 | 0.076501 | 0.0837062 | 6 | 10 | 0.6 | 3.508812 | 8.867018 | 7.508812 | 12.86702 | 20 | 0.3754406 | 0.6433509 | 6 | 10 | 0.6 | 24.97837 | 25 | 28.97837 | 29 | 0.9659457 | 0.9666666 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.035 | 0.05 | 4 | 5 | 0.8 | 60% of CPI increase, minimum of 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 9 | 27 | 0.3333333 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 27 | 0 | 10 | ||||||||
69 | 7020200 | Connecticut | Connecticut State Employees Retirement System | Connecticut State Employees Retirement System | CT SERS Hazardous | traditional pension plan | state public safety employees | hired on or after July 1, 2011 | 0.6452976 | serves all members moderately well | 0.2695524 | 0.7934445 | 0.872896 | does NOT serve all members well | serves all members well | serves all members well | 7.631707 | 8.541437 | 30 | 0.2543902 | 0.2847146 | 22.60667 | 25 | 30 | 0.7535557 | 0.8333333 | 23.37376 | 29 | 30 | 0.7791252 | 0.9666666 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.631707 | 2.541437 | 1.631707 | 2.541437 | 15 | 0.1087805 | 0.1694291 | 6 | 10 | 0.6 | 12.60667 | 15 | 16.60667 | 19 | 20 | 0.8303335 | 0.95 | 6 | 10 | 0.6 | 19.37376 | 25 | 23.37376 | 29 | 0.7791252 | 0.9666666 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.035 | 0.05 | 4 | 5 | 0.8 | 60% of CPI increase, minimum of 2%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 9 | 27 | 0.3333333 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 27 | 0 | 10 | ||||||||
70 | 7030100 | Connecticut | Connecticut Teachers Retirement System | Connecticut State Teachers’ Retirement System | CT TRS | traditional pension plan | public school teachers | hired on or after January 1, 2018 | 0.5450981 | serves all members moderately well | 0.3096886 | 0.5667481 | 0.7588576 | does NOT serve all members well | serves all members moderately well | serves all members well | 9.397387 | 9.183928 | 30 | 0.3132462 | 0.3061309 | 14.55979 | 19.4451 | 30 | 0.4853262 | 0.6481699 | 23.59095 | 21.94051 | 30 | 0.786365 | 0.7313503 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 2.397387 | 2.183929 | 2.397387 | 2.183929 | 15 | 0.1598258 | 0.1455953 | 7 | 10 | 0.7 | 3.559786 | 8.445099 | 7.559786 | 12.4451 | 20 | 0.3779893 | 0.622255 | 7 | 10 | 0.7 | 19.59095 | 17.94051 | 23.59095 | 21.94051 | 0.786365 | 0.7313503 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.0275 | 0.06 | 5 | 5 | 1 | Minimum 3%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation and funded status | 17 | 27 | 0.6296296 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 26 | 10 | 10 | ||||||||
71 | 8010100 | Delaware | Delaware State Employees Retirement System | Delaware State Employees’ Pension Plan | DE SEPP General | traditional pension plan | state general employees | hired on or after January 1, 2012 | 0.5242773 | serves all members moderately well | 0.2550833 | 0.4994683 | 0.8182803 | does NOT serve all members well | does NOT serve all members well | serves all members well | 7.453202 | 7.851798 | 30 | 0.2484401 | 0.2617266 | 11.6328 | 18.33529 | 30 | 0.3877601 | 0.6111764 | 23.09682 | 26 | 30 | 0.7698939 | 0.8666667 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 2.453202 | 2.851798 | 2.453202 | 2.851798 | 15 | 0.1635468 | 0.1901198 | 5 | 10 | 0.5 | 5.632802 | 12.33529 | 6.632802 | 13.33529 | 20 | 0.3316401 | 0.6667646 | 5 | 10 | 0.5 | 22.09682 | 25 | 23.09682 | 26 | 0.7698939 | 0.8666667 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.035 | 3 | 5 | 0.6 | Ad hoc amount | 1 | 5 | 0.2 | Ad hoc COLA | 21 | 27 | 0.7777778 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 19 | 10 | 10 | ||||||||
72 | 8010200 | Delaware | Delaware State Employees Retirement System | Delaware State Employees’ Pension Plan | DE SEPP Teachers | traditional pension plan | public school teachers | hired on or after January 1, 2012 | 0.5252913 | serves all members moderately well | 0.2550833 | 0.5008396 | 0.8199509 | does NOT serve all members well | serves all members moderately well | serves all members well | 7.453202 | 7.851798 | 30 | 0.2484401 | 0.2617266 | 11.65867 | 18.3917 | 30 | 0.3886225 | 0.6130568 | 23.19706 | 26 | 30 | 0.7732353 | 0.8666667 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 2.453202 | 2.851798 | 2.453202 | 2.851798 | 15 | 0.1635468 | 0.1901198 | 5 | 10 | 0.5 | 5.658674 | 12.3917 | 6.658674 | 13.3917 | 20 | 0.3329337 | 0.6695851 | 5 | 10 | 0.5 | 22.19706 | 25 | 23.19706 | 26 | 0.7732353 | 0.8666667 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.035 | 3 | 5 | 0.6 | Ad hoc amount | 1 | 5 | 0.2 | Ad hoc COLA | 21 | 27 | 0.7777778 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 19 | 10 | 10 | ||||||||
73 | 9010103 | District of Columbia | District of Columbia Police Officers' and Firefighters' Retirement System | District of Columbia Police Officers and Fire Fighters' Retirement Fund | DC POFRF Fire | traditional pension plan | local firefighters | hired on or after November 10, 1996 | 0.453952 | does NOT serve all members well | 0.216832 | 0.407141 | 0.7378829 | does NOT serve all members well | does NOT serve all members well | serves all members moderately well | 6.459996 | 6.549925 | 30 | 0.2153332 | 0.2183308 | 11.79819 | 12.63027 | 30 | 0.3932729 | 0.421009 | 21.62273 | 22.65024 | 30 | 0.7207577 | 0.7550081 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers moderately well. | serves Full Career Workers well. | 3.459996 | 3.549925 | 3.459996 | 3.549925 | 15 | 0.2306664 | 0.2366616 | 0 | 10 | 0 | 10.79819 | 11.63027 | 11.79819 | 12.63027 | 20 | 0.5899094 | 0.6315135 | 0 | 10 | 0 | 20.62273 | 21.65024 | 21.62273 | 22.65024 | 0.7207577 | 0.7550081 | 3 | 5 | 0.6 | 5 | 0 | 5 | 0 | All member contributions refunded without interest | 0.035 | 0 | 0 | 5 | 0 | Up to 3%, compounded | 1 | 5 | 0.2 | Ad hoc COLA | 21 | 27 | 0.7777778 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 20 | 10 | 10 | ||||||||
74 | 9010203 | District of Columbia | District of Columbia Police Officers' and Firefighters' Retirement System | District of Columbia Police Officers and Fire Fighters' Retirement Fund | DC POFRF Police | traditional pension plan | local police | hired on or after November 10, 1996 | 0.5074365 | serves all members moderately well | 0.2174337 | 0.4766588 | 0.8282168 | does NOT serve all members well | does NOT serve all members well | serves all members well | 6.648681 | 6.397339 | 30 | 0.2216227 | 0.2132446 | 14.39554 | 14.20399 | 30 | 0.4798514 | 0.4734663 | 24.62273 | 25.07028 | 30 | 0.8207577 | 0.8356759 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 3.64868 | 3.397339 | 3.64868 | 3.397339 | 15 | 0.2432454 | 0.2264893 | 0 | 10 | 0 | 10.39554 | 10.20399 | 14.39554 | 14.20399 | 20 | 0.7197771 | 0.7101994 | 0 | 10 | 0 | 20.62273 | 21.07028 | 24.62273 | 25.07028 | 0.8207577 | 0.8356759 | 3 | 5 | 0.6 | 5 | 0 | 5 | 0 | All member contributions refunded without interest | 0.035 | 0 | 0 | 5 | 0 | Up to 3%, compounded | 4 | 5 | 0.8 | Automatic, Linked to inflation | 21 | 27 | 0.7777778 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 20 | 10 | 10 | ||||||||
75 | 9020100 | District of Columbia | District of Columbia Teachers Retirement System | District of Columbia Teachers' Retirement Fund | DC TRP | traditional pension plan | public school teachers | hired on or after November 1, 1996 | 0.6079128 | serves all members moderately well | 0.3570719 | 0.5333334 | 0.9333333 | does NOT serve all members well | serves all members moderately well | serves all members well | 9.489552 | 11.93476 | 30 | 0.3163184 | 0.3978254 | 16 | 16 | 30 | 0.5333334 | 0.5333334 | 30 | 26 | 30 | 1 | 0.8666667 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 6.489552 | 8.934761 | 6.489552 | 8.934761 | 15 | 0.4326368 | 0.5956507 | 0 | 10 | 0 | 15 | 15 | 16 | 16 | 20 | 0.8 | 0.8 | 0 | 10 | 0 | 30 | 25 | 31 | 26 | 1.033333 | 0.8666667 | 3 | 5 | 0.6 | 5 | 0 | 5 | 0 | All member contributions refunded without interest | 0.035 | 0 | 0 | 5 | 0 | Up to 3%, compounded | 1 | 5 | 0.2 | Ad hoc COLA | 21 | 27 | 0.7777778 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 20 | 10 | 10 | ||||||||
76 | 10010100 | Florida | Florida Retirement System | FRS Defined Benefit Plan | FL RS Pension Regular Class Non-K-12 | traditional pension plan | state and local general employees | hired on or after July 1, 2011 | 0.3556267 | does NOT serve all members well | 0.091606 | 0.1419407 | 0.8333333 | does NOT serve all members well | does NOT serve all members well | serves all members well | 2.41851 | 3.077851 | 30 | 0.080617 | 0.102595 | 1.955205 | 6.56124 | 30 | 0.0651735 | 0.218708 | 25 | 25 | 30 | 0.8333333 | 0.8333333 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.41851 | 2.077851 | 1.41851 | 2.077851 | 15 | 0.0945673 | 0.1385234 | 0 | 10 | 0 | 1.955205 | 6.56124 | 1.955205 | 6.56124 | 20 | 0.0977602 | 0.328062 | 0 | 10 | 0 | 25 | 25 | 25 | 25 | 0.8333333 | 0.8333333 | 1 | 5 | 0.2 | 8 | 0 | 5 | 0 | All member contributions refunded without interest | 0.026 | 0 | 0 | 5 | 0 | No COLA | 0 | 5 | 0 | No COLA | 15 | 27 | 0.5555556 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 28 | 5 | 10 | ||||||||
77 | 10010130 | Florida | Florida Retirement System | FRS Investment Plan | FL RS DC Regular Class K-12 Teachers | defined contribution plan | public school teachers | hired on or after July 1, 2001 | 0.584162 | serves all members moderately well | 0.5710876 | 0.5017179 | 0.6796805 | serves all members moderately well | serves all members moderately well | serves all members moderately well | 13.88638 | 14.668 | 25 | 0.5554551 | 0.58672 | 9.587476 | 10.48124 | 20 | 0.4793738 | 0.524062 | 19.26481 | 14.71922 | 25 | 0.7705923 | 0.5887686 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 4.886379 | 5.667999 | 4.886379 | 5.667999 | 15 | 0.3257586 | 0.3778666 | 4 | 5 | 0.8 | 5.587476 | 6.481241 | 5.587476 | 6.481241 | 15 | 0.3724984 | 0.4320827 | 4 | 5 | 0.8 | 19.26481 | 14.71922 | 19.26481 | 14.71922 | 0.7705923 | 0.5887686 | 5 | 5 | 1 | 1 | 4 | 5 | 0.8 | Employer contributions are not immediate, but in one year or less | 27 | N/A | N/A | ||||||||||||||||||||||||||
78 | 10010200 | Florida | Florida Retirement System | FRS Defined Benefit Plan | FL RS Pension Regular Class K-12 Teachers | traditional pension plan | public school teachers | hired on or after July 1, 2011 | 0.3559493 | does NOT serve all members well | 0.0916925 | 0.1428219 | 0.8333333 | does NOT serve all members well | does NOT serve all members well | serves all members well | 2.41851 | 3.083042 | 30 | 0.080617 | 0.1027681 | 1.96787 | 6.601443 | 30 | 0.0655957 | 0.2200481 | 25 | 25 | 30 | 0.8333333 | 0.8333333 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.41851 | 2.083042 | 1.41851 | 2.083042 | 15 | 0.0945673 | 0.1388695 | 0 | 10 | 0 | 1.96787 | 6.601443 | 1.96787 | 6.601443 | 20 | 0.0983935 | 0.3300722 | 0 | 10 | 0 | 25 | 25 | 25 | 25 | 0.8333333 | 0.8333333 | 1 | 5 | 0.2 | 8 | 0 | 5 | 0 | All member contributions refunded without interest | 0.026 | 0 | 0 | 5 | 0 | No COLA | 0 | 5 | 0 | No COLA | 15 | 27 | 0.5555556 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 28 | 5 | 10 | ||||||||
79 | 10010230 | Florida | Florida Retirement System | FRS Investment Plan | FL RS DC Regular Class Non-K-12 | defined contribution plan | state and local general employees | hired on or after July 1, 2001 | 0.584162 | serves all members moderately well | 0.5710875 | 0.5017179 | 0.6796805 | serves all members moderately well | serves all members moderately well | serves all members moderately well | 13.88638 | 14.668 | 25 | 0.5554552 | 0.5867199 | 9.587477 | 10.48124 | 20 | 0.4793738 | 0.524062 | 19.26481 | 14.71921 | 25 | 0.7705923 | 0.5887686 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 4.88638 | 5.667997 | 4.88638 | 5.667997 | 15 | 0.3257587 | 0.3778665 | 4 | 5 | 0.8 | 5.587477 | 6.481241 | 5.587477 | 6.481241 | 15 | 0.3724985 | 0.4320827 | 4 | 5 | 0.8 | 19.26481 | 14.71921 | 19.26481 | 14.71921 | 0.7705923 | 0.5887686 | 5 | 5 | 1 | 1 | 4 | 5 | 0.8 | Employer contributions are not immediate, but in one year or less | 27 | N/A | N/A | ||||||||||||||||||||||||||
80 | 10020100 | Florida | Florida Retirement System | FRS Defined Benefit Plan | FL RS Pension Special Risk Class | traditional pension plan | state and local police and firefighters | hired on or after July 1, 2011 | 0.4774802 | does NOT serve all members well | 0.0976238 | 0.3348169 | 1 | does NOT serve all members well | does NOT serve all members well | serves all members well | 2.358315 | 3.499115 | 30 | 0.0786105 | 0.1166372 | 5.738926 | 14.35009 | 30 | 0.1912975 | 0.4783363 | 30 | 30 | 30 | 1 | 1 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.358315 | 2.499115 | 1.358315 | 2.499115 | 15 | 0.0905543 | 0.1666077 | 0 | 10 | 0 | 5.738926 | 14.35009 | 5.738926 | 14.35009 | 20 | 0.2869463 | 0.7175044 | 0 | 10 | 0 | 30 | 30 | 30 | 30 | 1 | 1 | 1 | 5 | 0.2 | 8 | 0 | 5 | 0 | All member contributions refunded without interest | 0.026 | 0 | 0 | 5 | 0 | No COLA | 0 | 5 | 0 | No COLA | 15 | 27 | 0.5555556 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 28 | 5 | 10 | ||||||||
81 | 10020130 | Florida | Florida Retirement System | FRS Investment Plan | FL RS DC Special Risk Class | defined contribution plan | state and local police and firefighters | hired on or after July 1, 2001 | 0.8172418 | serves all members well | 0.7208886 | 0.7308367 | 1 | serves all members moderately well | serves all members moderately well | serves all members well | 16.4731 | 19.57133 | 25 | 0.6589239 | 0.7828533 | 12.79384 | 16.43963 | 20 | 0.6396919 | 0.8219815 | 25 | 25 | 25 | 1 | 1 | serves Short-Term Workers moderately well. | serves Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 7.473099 | 10.57133 | 7.473099 | 10.57133 | 15 | 0.4982066 | 0.7047555 | 4 | 5 | 0.8 | 8.793839 | 12.43963 | 8.793839 | 12.43963 | 15 | 0.586256 | 0.8293087 | 4 | 5 | 0.8 | 30 | 25 | 30 | 25 | 1.2 | 1 | 5 | 5 | 1 | 1 | 4 | 5 | 0.8 | Employer contributions are not immediate, but in one year or less | 27 | N/A | N/A | ||||||||||||||||||||||||||
82 | 10030100 | Florida | Florida Retirement System | FRS Defined Benefit Plan | FL RS Pension Elected Officers' Class Judges | traditional pension plan | judges | hired on or after July 1, 2011 | 0.4147828 | does NOT serve all members well | 0.1643961 | 0.246619 | 0.8333333 | does NOT serve all members well | does NOT serve all members well | serves all members well | 5.322588 | 4.541178 | 30 | 0.1774196 | 0.1513726 | 5.098868 | 9.698275 | 30 | 0.1699623 | 0.3232758 | 25 | 25 | 30 | 0.8333333 | 0.8333333 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 4.322588 | 3.541178 | 4.322588 | 3.541178 | 15 | 0.2881725 | 0.2360785 | 0 | 10 | 0 | 5.098868 | 9.698275 | 5.098868 | 9.698275 | 20 | 0.2549434 | 0.4849137 | 0 | 10 | 0 | 25 | 25 | 25 | 25 | 0.8333333 | 0.8333333 | 1 | 5 | 0.2 | 8 | 0 | 5 | 0 | All member contributions refunded without interest | 0.026 | 0 | 0 | 5 | 0 | No COLA | 0 | 5 | 0 | No COLA | 15 | 27 | 0.5555556 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 28 | 5 | 10 | ||||||||
83 | 10030130 | Florida | Florida Retirement System | FRS Investment Plan | FL RS DC Elected Officers' Class Judges | defined contribution plan | judges | hired on or after July 1, 2001 | 0.9330707 | serves all members well | 0.8933085 | 0.9059035 | 1 | serves all members well | serves all members well | serves all members well | 21.26861 | 23.39681 | 25 | 0.8507445 | 0.9358725 | 17.23614 | 19 | 20 | 0.8618069 | 0.95 | 25 | 25 | 25 | 1 | 1 | serves Short-Term Workers well. | serves Short-Term Workers well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 12.26861 | 14.39681 | 12.26861 | 14.39681 | 15 | 0.8179075 | 0.9597875 | 4 | 5 | 0.8 | 13.23614 | 15 | 13.23614 | 15 | 15 | 0.8824092 | 1 | 4 | 5 | 0.8 | 30 | 25 | 30 | 25 | 1.2 | 1 | 5 | 5 | 1 | 1 | 4 | 5 | 0.8 | Employer contributions are not immediate, but in one year or less | 27 | N/A | N/A | ||||||||||||||||||||||||||
84 | 10030200 | Florida | Florida Retirement System | FRS Defined Benefit Plan | FL RS Pension Elected Officers' Class State | traditional pension plan | state elected officials | hired on or after July 1, 2011 | 0.3688608 | does NOT serve all members well | 0.1111247 | 0.1621244 | 0.8333333 | does NOT serve all members well | does NOT serve all members well | serves all members well | 2.993055 | 3.674429 | 30 | 0.0997685 | 0.122481 | 2.372336 | 7.355126 | 30 | 0.0790779 | 0.2451709 | 25 | 25 | 30 | 0.8333333 | 0.8333333 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.993055 | 2.674429 | 1.993055 | 2.674429 | 15 | 0.1328703 | 0.1782953 | 0 | 10 | 0 | 2.372336 | 7.355126 | 2.372336 | 7.355126 | 20 | 0.1186168 | 0.3677563 | 0 | 10 | 0 | 25 | 25 | 25 | 25 | 0.8333333 | 0.8333333 | 1 | 5 | 0.2 | 8 | 0 | 5 | 0 | All member contributions refunded without interest | 0.026 | 0 | 0 | 5 | 0 | No COLA | 0 | 5 | 0 | No COLA | 15 | 27 | 0.5555556 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 28 | 5 | 10 | ||||||||
85 | 10030230 | Florida | Florida Retirement System | FRS Investment Plan | FL RS DC Elected Officers' Class State | defined contribution plan | state elected officials | hired on or after July 1, 2001 | 0.8556315 | serves all members well | 0.7936672 | 0.7732272 | 1 | serves all members well | serves all members well | serves all members well | 19.32855 | 20.35481 | 25 | 0.7731419 | 0.8141925 | 14.92193 | 16.00715 | 20 | 0.7460967 | 0.8003577 | 25 | 25 | 25 | 1 | 1 | serves Short-Term Workers well. | serves Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 10.32855 | 11.35481 | 10.32855 | 11.35481 | 15 | 0.68857 | 0.7569875 | 4 | 5 | 0.8 | 10.92193 | 12.00715 | 10.92193 | 12.00715 | 15 | 0.7281289 | 0.800477 | 4 | 5 | 0.8 | 30 | 25 | 30 | 25 | 1.2 | 1 | 5 | 5 | 1 | 1 | 4 | 5 | 0.8 | Employer contributions are not immediate, but in one year or less | 27 | N/A | N/A | ||||||||||||||||||||||||||
86 | 10030300 | Florida | Florida Retirement System | FRS Defined Benefit Plan | FL RS Pension Elected Officers' Class County & Local | traditional pension plan | local elected officials | hired on or after July 1, 2011 | 0.3628022 | does NOT serve all members well | 0.1027668 | 0.1523066 | 0.8333333 | does NOT serve all members well | does NOT serve all members well | serves all members well | 2.70999 | 3.45602 | 30 | 0.090333 | 0.1152007 | 2.118235 | 7.020158 | 30 | 0.0706078 | 0.2340053 | 25 | 25 | 30 | 0.8333333 | 0.8333333 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.70999 | 2.45602 | 1.70999 | 2.45602 | 15 | 0.1139993 | 0.1637347 | 0 | 10 | 0 | 2.118235 | 7.020158 | 2.118235 | 7.020158 | 20 | 0.1059118 | 0.3510079 | 0 | 10 | 0 | 25 | 25 | 25 | 25 | 0.8333333 | 0.8333333 | 1 | 5 | 0.2 | 8 | 0 | 5 | 0 | All member contributions refunded without interest | 0.026 | 0 | 0 | 5 | 0 | No COLA | 0 | 5 | 0 | No COLA | 15 | 27 | 0.5555556 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 28 | 5 | 10 | ||||||||
87 | 10030330 | Florida | Florida Retirement System | FRS Investment Plan | FL RS DC Elected Officers' Class County & Local | defined contribution plan | local elected officials | hired on or after July 1, 2001 | 0.8778619 | serves all members well | 0.8171216 | 0.8164639 | 1 | serves all members well | serves all members well | serves all members well | 19.51596 | 21.34012 | 25 | 0.7806383 | 0.853605 | 15.34527 | 17.31329 | 20 | 0.7672633 | 0.8656646 | 25 | 25 | 25 | 1 | 1 | serves Short-Term Workers well. | serves Short-Term Workers well. | serves Medium-Term Workers well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 10.51596 | 12.34012 | 10.51596 | 12.34012 | 15 | 0.7010638 | 0.8226749 | 4 | 5 | 0.8 | 11.34527 | 13.31329 | 11.34527 | 13.31329 | 15 | 0.7563511 | 0.8875528 | 4 | 5 | 0.8 | 30 | 25 | 30 | 25 | 1.2 | 1 | 5 | 5 | 1 | 1 | 4 | 5 | 0.8 | Employer contributions are not immediate, but in one year or less | 27 | N/A | N/A | ||||||||||||||||||||||||||
88 | 10040100 | Florida | Florida Retirement System | FRS Defined Benefit Plan | FL RS Pension Senior Management Class | traditional pension plan | state and local general employees | hired on or after July 1, 2011 | 0.3550302 | does NOT serve all members well | 0.0890892 | 0.142668 | 0.8333333 | does NOT serve all members well | does NOT serve all members well | serves all members well | 2.430999 | 2.914356 | 30 | 0.0810333 | 0.0971452 | 2.11524 | 6.44484 | 30 | 0.070508 | 0.214828 | 25 | 25 | 30 | 0.8333333 | 0.8333333 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.430999 | 1.914356 | 1.430999 | 1.914356 | 15 | 0.0953999 | 0.1276237 | 0 | 10 | 0 | 2.11524 | 6.44484 | 2.11524 | 6.44484 | 20 | 0.105762 | 0.322242 | 0 | 10 | 0 | 25 | 25 | 25 | 25 | 0.8333333 | 0.8333333 | 1 | 5 | 0.2 | 8 | 0 | 5 | 0 | All member contributions refunded without interest | 0.026 | 0 | 0 | 5 | 0 | No COLA | 0 | 5 | 0 | No COLA | 15 | 27 | 0.5555556 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 2 | 5 | 0.4 | 28 | 5 | 10 | ||||||||
89 | 10040130 | Florida | Florida Retirement System | FRS Investment Plan | FL RS DC Senior Management Class | defined contribution plan | state and local general employees | hired on or after July 1, 2001 | 0.6244606 | serves all members moderately well | 0.5822213 | 0.5309714 | 0.7601891 | serves all members moderately well | serves all members moderately well | serves all members well | 13.87425 | 15.23681 | 25 | 0.5549701 | 0.6094725 | 9.807684 | 11.43117 | 20 | 0.4903842 | 0.5715587 | 20.83522 | 17.17423 | 25 | 0.8334088 | 0.6869692 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 4.874254 | 6.236811 | 4.874254 | 6.236811 | 15 | 0.3249502 | 0.4157874 | 4 | 5 | 0.8 | 5.807684 | 7.431173 | 5.807684 | 7.431173 | 15 | 0.3871789 | 0.4954115 | 4 | 5 | 0.8 | 20.83522 | 17.17423 | 20.83522 | 17.17423 | 0.8334088 | 0.6869692 | 5 | 5 | 1 | 1 | 4 | 5 | 0.8 | Employer contributions are not immediate, but in one year or less | 27 | N/A | N/A | ||||||||||||||||||||||||||
90 | 10050130 | Florida | Florida Retirement System | FRS Investment Plan | FL RS DC Special Risk Administrative Class | defined contribution plan | state and local public safety employees | hired on or after July 1, 2001 | 0.7209191 | serves all members moderately well | 0.6616969 | 0.6105384 | 0.8905219 | serves all members moderately well | serves all members moderately well | serves all members well | 15.83228 | 17.25256 | 25 | 0.6332914 | 0.6901024 | 11.43771 | 12.98383 | 20 | 0.5718853 | 0.6491916 | 24.67475 | 19.85134 | 25 | 0.9869902 | 0.7940537 | serves Short-Term Workers moderately well. | serves Short-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 6.832285 | 8.25256 | 6.832285 | 8.25256 | 15 | 0.4554857 | 0.5501707 | 4 | 5 | 0.8 | 7.437706 | 8.983831 | 7.437706 | 8.983831 | 15 | 0.4958471 | 0.5989221 | 4 | 5 | 0.8 | 24.67475 | 19.85134 | 24.67475 | 19.85134 | 0.9869902 | 0.7940537 | 5 | 5 | 1 | 1 | 4 | 5 | 0.8 | Employer contributions are not immediate, but in one year or less | 27 | N/A | N/A | ||||||||||||||||||||||||||
91 | 11010190 | Georgia | Georgia Employees Retirement System | Georgia State Employees' Pension and Savings Plan | GA ERS Hybrid General | hybrid plan | state and local general employees | hired on or after January 1, 2009 | 0.6643663 | serves all members moderately well | 0.4717838 | 0.6546484 | 0.8666667 | does NOT serve all members well | serves all members moderately well | serves all members well | 13.48954 | 14.81749 | 30 | 0.4496513 | 0.4939163 | 17.20795 | 22.07096 | 30 | 0.5735982 | 0.7356986 | 26 | 26 | 30 | 0.8666667 | 0.8666667 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 4.489538 | 5.81749 | 4.489538 | 5.81749 | 15 | 0.2993025 | 0.3878327 | 9 | 10 | 0.9 | 7.207946 | 12.07096 | 8.207947 | 13.07096 | 20 | 0.4103974 | 0.6535479 | 9 | 10 | 0.9 | 25 | 25 | 26 | 26 | 0.8666667 | 0.8666667 | 0 | 5 | 0 | 10 | 5 | 5 | 1 | 100% of all employer and member contributions are refunded with interest or returns on investments | 2 | 5 | 0.4 | Graded vesting of employer contributions is 4 or 5 years | 0.0275 | 0.04 | 4 | 5 | 0.8 | Ad hoc amount | 1 | 5 | 0.2 | Ad hoc COLA | 25 | 27 | 0.9259259 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 18.2 | 10 | 10 | ||||
92 | 11010290 | Georgia | Georgia Employees Retirement System | Georgia State Employees' Pension and Savings Plan | GA ERS Hybrid Safety | hybrid plan | state and local public safety employees | hired on or after January 1, 2009 | 0.6642504 | serves all members moderately well | 0.4717838 | 0.6543006 | 0.8666667 | does NOT serve all members well | serves all members moderately well | serves all members well | 13.48954 | 14.81749 | 30 | 0.4496513 | 0.4939163 | 17.20153 | 22.0565 | 30 | 0.5733844 | 0.7352168 | 26 | 26 | 30 | 0.8666667 | 0.8666667 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 4.489538 | 5.81749 | 4.489538 | 5.81749 | 15 | 0.2993025 | 0.3878327 | 9 | 10 | 0.9 | 7.201532 | 12.0565 | 8.201532 | 13.0565 | 20 | 0.4100766 | 0.6528252 | 9 | 10 | 0.9 | 25 | 25 | 26 | 26 | 0.8666667 | 0.8666667 | 0 | 5 | 0 | 10 | 5 | 5 | 1 | 100% of all employer and member contributions are refunded with interest or returns on investments | 2 | 5 | 0.4 | Graded vesting of employer contributions is 4 or 5 years | 0.0275 | 0.04 | 4 | 5 | 0.8 | Ad hoc amount | 1 | 5 | 0.2 | Ad hoc COLA | 25 | 27 | 0.9259259 | are positive and reasonably strong. | Reasonably strong | 3 | 5 | 0.6 | 18.2 | 10 | 10 | ||||
93 | 11020100 | Georgia | Georgia Teachers Retirement System | Georgia Teachers Retirement System | GA TRS | traditional pension plan | public school teachers | hired after 1943 | 0.4621266 | does NOT serve all members well | 0.2207497 | 0.4942366 | 0.6713934 | does NOT serve all members well | does NOT serve all members well | serves all members moderately well | 6.441891 | 6.803093 | 30 | 0.2147297 | 0.2267698 | 12.44713 | 17.20706 | 30 | 0.4149045 | 0.5735686 | 18.92897 | 21.35463 | 30 | 0.6309658 | 0.7118209 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers moderately well. | serves Full Career Workers moderately well. | 1.441891 | 1.803093 | 1.441891 | 1.803093 | 15 | 0.0961261 | 0.1202062 | 5 | 10 | 0.5 | 3.447134 | 8.20706 | 7.447134 | 12.20706 | 20 | 0.3723567 | 0.610353 | 5 | 10 | 0.5 | 14.92898 | 17.35463 | 18.92897 | 21.35463 | 0.6309658 | 0.7118209 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.035 | 3 | 5 | 0.6 | Up to 3%, simple | 4 | 5 | 0.8 | Automatic, Linked to inflation | 21 | 27 | 0.7777778 | are positive and reasonably strong. | Reasonably strong | 2 | 5 | 0.4 | 28 | 10 | 10 | ||||||||
94 | 12010190 | Hawaii | Hawaii Employees Retirement System | Employees’ Retirement System of the State of Hawaii | ERSHI General | hybrid plan | state and local general employees | hired on or after July 1, 2012 | 0.7077825 | serves all members moderately well | 0.4135162 | 0.7098314 | 1 | does NOT serve all members well | serves all members moderately well | serves all members well | 11.50453 | 13.30644 | 30 | 0.3834843 | 0.443548 | 17.70823 | 24.88165 | 30 | 0.5902742 | 0.8293884 | 30 | 30 | 30 | 1 | 1 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 4.50453 | 6.306441 | 4.50453 | 6.306441 | 15 | 0.300302 | 0.4204294 | 7 | 10 | 0.7 | 7.708228 | 14.88165 | 10.70823 | 17.88165 | 20 | 0.5354114 | 0.8940827 | 7 | 10 | 0.7 | 30 | 30 | 33 | 33 | 1.1 | 1.1 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 5 | 5 | 1 | Immediate vesting of employer contributions | 0.025 | 0.045 | 5 | 5 | 1 | 0.02 | 2 | 5 | 0.4 | Fixed 1.5%, simple | 3 | 5 | 0.6 | Automatic, Fixed | 13 | 27 | 0.4814815 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 26 | 1 | 10 |
95 | 12010290 | Hawaii | Hawaii Employees Retirement System | Employees’ Retirement System of the State of Hawaii | ERSHI Teachers | hybrid plan | public school teachers | hired on or after July 1, 2012 | 0.7083451 | serves all members moderately well | 0.4152765 | 0.7097588 | 1 | does NOT serve all members well | serves all members moderately well | serves all members well | 11.5636 | 13.35299 | 30 | 0.3854534 | 0.4450996 | 17.73312 | 24.85241 | 30 | 0.5911039 | 0.8284138 | 30 | 30 | 30 | 1 | 1 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 4.563603 | 6.352988 | 4.563603 | 6.352988 | 15 | 0.3042402 | 0.4235325 | 7 | 10 | 0.7 | 7.733116 | 14.85241 | 10.73312 | 17.85241 | 20 | 0.5366558 | 0.8926207 | 7 | 10 | 0.7 | 30 | 30 | 33 | 33 | 1.1 | 1.1 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 5 | 5 | 1 | Immediate vesting of employer contributions | 0.025 | 0.045 | 5 | 5 | 1 | 0.02 | 2 | 5 | 0.4 | Fixed 1.5%, simple | 3 | 5 | 0.6 | Automatic, Fixed | 13 | 27 | 0.4814815 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 26 | 1 | 10 |
96 | 12010300 | Hawaii | Hawaii Employees Retirement System | Employees’ Retirement System of the State of Hawaii | ERSHI Police & Fire | traditional pension plan | state and local police and firefighters | hired on or after July 1, 2012 | 0.5554504 | serves all members moderately well | 0.3700323 | 0.5628909 | 0.7334281 | does NOT serve all members well | serves all members moderately well | serves all members moderately well | 11.90102 | 10.30091 | 30 | 0.3967007 | 0.3433637 | 16.38527 | 17.38819 | 30 | 0.5461755 | 0.5796062 | 23.10411 | 20.90158 | 30 | 0.770137 | 0.6967192 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers moderately well. | 4.901022 | 3.300912 | 4.901022 | 3.300912 | 15 | 0.3267348 | 0.2200608 | 7 | 10 | 0.7 | 6.385266 | 7.388187 | 9.385266 | 10.38819 | 20 | 0.4692633 | 0.5194094 | 7 | 10 | 0.7 | 20.10411 | 17.90158 | 23.10411 | 20.90158 | 0.770137 | 0.6967192 | 0 | 5 | 0 | 10 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.025 | 0.045 | 5 | 5 | 1 | Fixed 1.5%, simple | 3 | 5 | 0.6 | Automatic, Fixed | 11 | 27 | 0.4074074 | possibly distressed and improvement should be a high priority. | Possibly distressed | 2 | 5 | 0.4 | 26 | 1 | 10 | ||||||||
97 | 13010100 | Idaho | Idaho Public Employees Retirement System | Public Employee Retirement System of Idaho | PERSI General | traditional pension plan | state and local general employees | hired on or after July 1 , 2019 | 0.5962749 | serves all members moderately well | 0.336844 | 0.4853138 | 0.9666666 | does NOT serve all members well | does NOT serve all members well | serves all members well | 9.241491 | 10.96915 | 30 | 0.3080497 | 0.3656383 | 11.76314 | 17.35569 | 30 | 0.3921047 | 0.578523 | 29 | 29 | 30 | 0.9666666 | 0.9666666 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 2.241491 | 3.969149 | 2.241491 | 3.969149 | 15 | 0.1494327 | 0.26461 | 4 | 10 | 0.4 | 3.763142 | 9.35569 | 7.763142 | 13.35569 | 20 | 0.3881571 | 0.6677845 | 4 | 10 | 0.4 | 25 | 25 | 29 | 29 | 0.9666666 | 0.9666666 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.03 | 0.0252 | 2 | 5 | 0.4 | Automatic 1.0% increase if CPI has increased by at least that amount, but can also be increased up to 6% to match CPI at the board's discretion. AV also lists the potential for a negative COLA. | 4 | 5 | 0.8 | Automatic, Linked to inflation | 16 | 27 | 0.5925926 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 4 | 5 | 0.8 | 10.6 | 2 | 10 | ||||||||
98 | 13010200 | Idaho | Idaho Public Employees Retirement System | Public Employee Retirement System of Idaho | PERSI Teachers | traditional pension plan | public school teachers | hired on or after July 1 , 2019 | 0.61027 | serves all members moderately well | 0.344493 | 0.5196503 | 0.9666666 | does NOT serve all members well | serves all members moderately well | serves all members well | 10.21575 | 10.45383 | 30 | 0.3405251 | 0.3484609 | 14.07729 | 17.10173 | 30 | 0.4692429 | 0.5700577 | 29 | 29 | 30 | 0.9666666 | 0.9666666 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 3.215752 | 3.453827 | 3.215752 | 3.453827 | 15 | 0.2143835 | 0.2302551 | 4 | 10 | 0.4 | 6.077287 | 9.10173 | 10.07729 | 13.10173 | 20 | 0.5038644 | 0.6550865 | 4 | 10 | 0.4 | 25 | 25 | 29 | 29 | 0.9666666 | 0.9666666 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.03 | 0.0252 | 2 | 5 | 0.4 | Automatic 1.0% increase if CPI has increased by at least that amount, but can also be increased up to 6% to match CPI at the board's discretion. AV also lists the potential for a negative COLA. | 4 | 5 | 0.8 | Automatic, Linked to inflation | 16 | 27 | 0.5925926 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 4 | 5 | 0.8 | 10.6 | 2 | 10 | ||||||||
99 | 13010300 | Idaho | Idaho Public Employees Retirement System | Public Employee Retirement System of Idaho | PERSI Police & Fire | traditional pension plan | state and local police and firefighters | hired on or after July 1 , 2019 | 0.6619984 | serves all members moderately well | 0.3794948 | 0.6398337 | 0.9666666 | does NOT serve all members well | serves all members moderately well | serves all members well | 10.95848 | 11.81121 | 30 | 0.3652825 | 0.3937072 | 17.01308 | 21.37694 | 30 | 0.5671028 | 0.7125647 | 29 | 29 | 30 | 0.9666666 | 0.9666666 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | serves Medium-Term Workers moderately well. | serves Medium-Term Workers moderately well. | serves Full Career Workers well. | serves Full Career Workers well. | 3.958476 | 4.811215 | 3.958476 | 4.811215 | 15 | 0.2638984 | 0.3207477 | 4 | 10 | 0.4 | 9.013085 | 13.37694 | 13.01309 | 17.37694 | 20 | 0.6506543 | 0.8688471 | 4 | 10 | 0.4 | 25 | 25 | 29 | 29 | 0.9666666 | 0.9666666 | 3 | 5 | 0.6 | 5 | 2 | 5 | 0.4 | All member contributions refunded with interest | 0.03 | 0.0252 | 2 | 5 | 0.4 | Automatic 1.0% increase if CPI has increased by at least that amount, but can also be increased up to 6% to match CPI at the board's discretion. AV also lists the potential for a negative COLA. | 4 | 5 | 0.8 | Automatic, Linked to inflation | 16 | 27 | 0.5925926 | are stable today but are likely fragile, with clear areas for improvement. | Likely fragile | 4 | 5 | 0.8 | 10.6 | 2 | 10 | ||||||||
100 | 14010102 | Illinois | Illinois Municipal Retirement System | Illinois Municipal Retirement Fund | IL MRF Regular Tier 2 | traditional pension plan | local general employees | hired on or after January 1, 2011 | 0.4506797 | does NOT serve all members well | 0.0750151 | 0.3103572 | 0.9666666 | does NOT serve all members well | does NOT serve all members well | serves all members well | 1.843817 | 2.657092 | 30 | 0.0614606 | 0.0885697 | 6.937233 | 11.6842 | 30 | 0.2312411 | 0.3894734 | 29 | 29 | 30 | 0.9666666 | 0.9666666 | does not serve Short-Term Workers well. | does not serve Short-Term Workers well. | does not serve Medium-Term Workers well. | does not serve Medium-Term Workers well. | serves Full Career Workers well. | serves Full Career Workers well. | 1.843817 | 2.657092 | 1.843817 | 2.657092 | 15 | 0.1229211 | 0.1771395 | 0 | 10 | 0 | 2.937233 | 7.684201 | 6.937233 | 11.6842 | 20 | 0.3468617 | 0.58421 | 0 | 10 | 0 | 25 | 25 | 29 | 29 | 0.9666666 | 0.9666666 | 0 | 5 | 0 | 10 | 0 | 5 | 0 | All member contributions refunded without interest | 0.025 | 0 | 0 | 5 | 0 | Up to 3%, compounded | 4 | 5 | 0.8 | Automatic, Linked to inflation | 12 | 27 | 0.4444444 | possibly distressed and improvement should be a high priority. | Possibly distressed | 3 | 5 | 0.6 | 22 | 2 | 10 |