List of largest pension schemes in the United States explained

This list of largest pension funds in the United States involves two main groups: government pension funds for public employees and collectively bargained pension funds, jointly managed between employer and employee representatives after the Taft-Hartley Act of 1947. In practice, Taft-Hartley plans have many units of local pension funds, under an umbrella group.

Largest U.S. public pension funds

The rankings below are the 30 largest public pension plans in the U.S., according to the 2018 list compiled by Pensions & Investments magazine.[1] Because this information is now several years old, the numbers and rankings may no longer be entirely accurate.

Private and semipublic companies with the most employees in the United States
RankPlanTotal Assets (millions)DB Assets (millions)Funded Status FYE 2016Assumed Rate of Return FYE 2016
1CalPERS$336,684$335,08373.1%7.5%
2CalSTRS$216,193$215,31868.5%7.6%
3New York State Common Retirement$201,263$201,26393.7%7.0%
4New York City Retirement$189,794$189,794N/AN/A
5Florida SBA$167,900$157,56285.4%7.7%
6Teacher Retirement System of Texas$146,326$146,32679.7%8.0%
7New York State Teachers$115,637$115,63794.2%7.5%
8State of Wisconsin Investment Board$109,960$105,155N/AN/A
9North Carolina Retirement$106,946$96,09488.3%7.3%
10Washington State Investment Board$104,260$86,61585.5%7.7%
11Ohio Public Employees Retirement System$97,713$96,30480.2%7.5%
12New Jersey Division of Investment$80,486$76,361N/AN/A
13Virginia Retirement System$79,238$76,02373.3%7.0%
14Oregon Public Employees$77,495$75,45478.7%7.5%
15STRS Ohio$76,458$75,14869.6%7.8%
16Michigan Retirement$75,550$67,49661.4%7.2%
17Georgia Teachers$73,089$73,08979.1%7.5%
18Minnesota State Board of Investment$72,672$64,11672.6%7.8%
19Massachusetts PRIM$69,496$69,496N/AN/A
20Tennessee Consolidated$55,112$48,33095.9%7.5%
21Los Angeles County$53,832$53,83283.3%7.5%
22Pennsylvania Public Schools$52,891$52,89181.2%7.5%
23Colorado PERA$51,476$47,30058.1%7.5%
24Maryland State Retirement$50,297$50,29772.7%7.6%
25Illinois Teachers$49,863$49,86339.8%7.5%
26Missouri Public School$42,307$42,30785.0%7.8%
27Illinois Municipal$39,811$39,81188.9%7.5%
28Nevada Public Employees$39,721$39,72174.1%8.0%
29Alabama Retirement$38,800$36,686N/AN/A
30South Carolina Public Employees$37,263$31,05762.0%7.5%

See also

External links

Notes and References

  1. Web site: Pensions&Investments. 2 February 2018.