Plan Demographics
| ACTIVE MEMBERSHIP | |||||
| Number | |||||
|
Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
|
MSRS-General |
45,590 |
49,576 |
49,705 |
47,920 |
49,099 |
|
PERA |
86,312 |
102,664 |
126,612 |
135,560 |
137,817 |
|
TRA |
58,533 |
64,324 |
67,558 |
70,508 |
71,690 |
|
Subtotal |
190,435 |
216,564 |
243,875 |
253,988 |
258,606 |
|
MSRS-Correctional |
1,191 |
1,416 |
2,117 |
3,098 |
3,249 |
|
State Patrol |
764 |
788 |
803 |
830 |
810 |
|
PERA-P&F |
4,928 |
6,136 |
7,380 |
9,627 |
9,940 |
|
P&F Consolidation Accounts |
-- |
287 |
1,061 |
0 |
0 |
|
Local Govt. Correctional |
-- |
-- |
-- |
2,781 |
3,270 |
|
Subtotal |
6,883 |
8,627 |
11,361 |
16,336 |
17,269 |
|
Legislators |
201 |
201 |
198 |
173 |
134 |
|
Elected State Officers |
6 |
6 |
6 |
0 |
0 |
|
Judges |
240 |
262 |
271 |
282 |
283 |
|
Subtotal |
447 |
469 |
475 |
455 |
417 |
|
MERF |
3,812 |
2,730 |
2,036 |
1,152 |
836 |
|
DTRFA |
1,182 |
1,553 |
1,512 |
1,441 |
1,276 |
|
MTRFA |
2,758 |
3,252 |
4,686 |
5,777 |
5,720 |
|
SPTRFA |
2,888 |
3,343 |
3,742 |
4,445 |
4,306 |
|
Subtotal |
6,828 |
8,148 |
9,940 |
11,663 |
11,302 |
| Average Covered Salary | |||||
|
Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
|
MSRS-General |
$23,667 |
$30,529 |
$32,425 |
$39,652 |
$41,557 |
|
PERA |
16,497 |
20,203 |
23,149 |
26,577 |
28,787 |
|
TRA |
23,811 |
30,030 |
34,416 |
39,906 |
42,411 |
|
Group Average |
$20,462 |
$25,486 |
$28,161 |
$32,744 |
$34,988 |
|
MSRS-Correctional |
$26,075 |
$33,245 |
$33,549 |
$41,174 |
$40,392 |
|
State Patrol |
33,830 |
43,684 |
49,611 |
62,627 |
63,547 |
|
PERA-P&F |
28,251 |
35,206 |
42,532 |
51,328 |
54,452 |
|
P&F Consolidation Accounts |
-- |
37,928 |
50,216 |
-- |
-- |
|
Local Govt. Correctional |
-- |
-- |
-- |
29,061 |
32,538 |
|
Group Average |
$28,494 |
$35,749 |
$42,076 |
$46,186 |
$48,084 |
|
Legislators |
$22,423 |
$31,987 |
$36,326 |
$34,932 |
$39,433 |
|
Elected State Officers |
61,000 |
71,270 |
75,374 |
-- |
-- |
|
Judges |
64,671 |
78,862 |
86,453 |
99,949 |
109,742 |
|
Group Average |
$45,624 |
$58,676 |
$65,418 |
$75,228 |
$87,149 |
|
MERF |
$26,165 |
$33,949 |
$40,986 |
$47,068 |
$51,987 |
|
DTRFA |
$26,415 |
$26,109 |
$32,054 |
$36,851 |
$37,310 |
|
MTRFA |
31,778 |
38,064 |
37,233 |
44,225 |
46,578 |
|
SPTRFA |
26,265 |
32,869 |
39,610 |
42,283 |
46,785 |
|
Group Average |
$28,518 |
$33,654 |
$37,340 |
$42,574 |
$45,611 |
| Average Age | |||||
|
Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
|
MSRS-General |
39.6 |
40.9 |
42.7 |
44.3 |
44.8 |
|
PERA |
42.2 |
42.6 |
43.3 |
44.4 |
44.9 |
|
TRA |
41.5 |
42.8 |
42.9 |
42.6 |
42.8 |
|
Group Average |
41.4 |
42.3 |
43.1 |
43.9 |
44.3 |
|
MSRS-Correctional |
36.0 |
37.5 |
38.0 |
40.3 |
40.7 |
|
State Patrol |
40.5 |
40.6 |
42.3 |
40.8 |
41.0 |
|
PERA-P&F |
37.2 |
37.6 |
38.4 |
38.7 |
38.6 |
|
P&F Consolidation Accounts |
-- |
45.9 |
48.1 |
-- |
-- |
|
Local Govt. Correctional |
-- |
-- |
-- |
37.5 |
37.9 |
|
Group Average |
37.4 |
38.1 |
39.5 |
38.9 |
39.0 |
|
Legislators |
45.6 |
49.4 |
49.3 |
53.8 |
55.5 |
|
Elected State Officers |
46.2 |
52.1 |
52.0 |
-- |
-- |
|
Judges |
53.2 |
52.9 |
53.0 |
54.4 |
54.1 |
|
Group Average |
49.7 |
51.4 |
51.4 |
54.2 |
54.6 |
|
MERF |
47.6 |
48.8 |
51.0 |
52.9 |
53.8 |
|
DTRFA |
43.5 |
43.2 |
43.9 |
44.1 |
45.0 |
|
MTRFA |
44.0 |
44.7 |
43.3 |
42.6 |
42.5 |
|
SPTRFA |
42.9 |
43.3 |
43.9 |
43.1 |
43.7 |
|
Group Average |
43.4 |
43.8 |
43.6 |
43.0 |
43.2 |
| Average Service | |||||
|
Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
|
MSRS-General |
8.9 |
9.6 |
11.1 |
11.7 |
11.8 |
|
PERA |
8.1 |
8.3 |
8.2 |
9.0 |
9.4 |
|
TRA |
11.5 |
12.3 |
12.5 |
11.7 |
11.6 |
|
Group Average |
9.3 |
9.8 |
10.0 |
10.3 |
10.5 |
|
MSRS-Correctional |
7.0 |
8.1 |
7.2 |
7.8 |
8.0 |
|
State Patrol |
13.7 |
13.8 |
15.1 |
12.9 |
12.6 |
|
PERA-P&F |
9.4 |
10.1 |
10.5 |
11.0 |
10.9 |
|
P&F Consolidation Accounts |
-- |
19.7 |
22.0 |
-- |
-- |
|
Local Govt. Correctional |
-- |
-- |
-- |
0.9 |
2.2 |
|
Group Average |
9.5 |
10.4 |
11.3 |
8.8 |
8.8 |
|
Legislators |
5.9 |
8.7 |
8.0 |
11.8 |
13.3 |
|
Elected State Officers |
5.9 |
10.2 |
10.3 |
-- |
-- |
|
Judges |
11.5 |
10.7 |
10.6 |
10.9 |
9.9 |
|
Group Average |
8.9 |
9.8 |
9.5 |
11.2 |
11.0 |
|
MERF |
15.1 |
19.0 |
23.0 |
26.7 |
28.0 |
|
DTRFA |
12.0 |
10.2 |
10.5 |
10.5 |
11.5 |
|
MTRFA |
14.4 |
13.7 |
9.6 |
8.4 |
8.4 |
|
SPTRFA |
11.6 |
11.3 |
11.2 |
10.8 |
11.1 |
|
Group Average |
12.8 |
12.0 |
10.3 |
9.6 |
9.8 |
| Average Member Contribution | |||||
|
Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
|
MSRS-General |
$891 |
$1,267 |
$1,320 |
$1,586 |
$1,662 |
|
PERA |
732 |
897 |
998 |
1,268 |
1,471 |
|
TRA |
1,113 |
1,375 |
2,240 |
1,996 |
2,121 |
|
Group Average |
$887 |
$1,124 |
$1,408 |
$1,530 |
$1,687 |
|
MSRS-Correctional |
$1,278 |
$1,629 |
$1,644 |
$2,343 |
$2,298 |
|
State Patrol |
2,876 |
3,713 |
4,426 |
5,260 |
5,338 |
|
PERA-P&F |
2,260 |
2,816 |
3,232 |
3,182 |
3,376 |
|
P&F Consolidation Accounts |
-- |
2,849 |
3,816 |
-- |
-- |
|
Local Govt. Correctional |
-- |
-- |
-- |
1,694 |
1,897 |
|
Group Average |
$2,158 |
$2,704 |
$3,075 |
$2,875 |
$2,985 |
|
Legislators |
$2,020 |
$2,881 |
$3,268 |
$3,145 |
$3,552 |
|
Elected State Officers |
5,500 |
6,333 |
6,833 |
0 |
0 |
|
Judges |
2,671 |
3,401 |
5,498 |
7,996 |
8,781 |
|
Group Average |
$2,416 |
$3,216 |
$4,585 |
$6,152 |
$7,101 |
|
MERF |
$2,551 |
$3,310 |
$3,996 |
$4,773 |
$5,272 |
|
DTRFA |
$1,188 |
$1,175 |
$1,763 |
$2,027 |
$2,175 |
|
MTRFA |
2,517 |
2,704 |
2,295 |
2,699 |
2,747 |
|
SPTRFA |
1,870 |
2,136 |
2,338 |
2,708 |
2,951 |
|
Group Average |
$2,013 |
$2,180 |
$2,230 |
$2,619 |
$2,763 |
| Average Employer Contribution | |||||
|
Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
|
MSRS-General |
$956 |
$1,310 |
$1,362 |
$1,586 |
$1,662 |
|
PERA |
813 |
972 |
1,066 |
1,385 |
1,596 |
|
TRA |
2,180 |
2,468 |
2,804 |
1,996 |
2,121 |
|
Group Average |
$1,267 |
$1,494 |
$1,608 |
$1,593 |
$1,754 |
|
MSRS-Correctional |
$2,269 |
$2,085 |
$2,103 |
$3,286 |
$3,223 |
|
State Patrol |
6,394 |
6,500 |
7,382 |
7,892 |
8,007 |
|
PERA-P&F |
3,390 |
4,225 |
4,849 |
4,773 |
5,064 |
|
P&F Consolidation Accounts |
-- |
14,924 |
5,725 |
-- |
-- |
|
Local Govt. Correctional |
-- |
-- |
-- |
2,543 |
2,847 |
|
Group Average |
$3,529 |
$4,437 |
$4,598 |
$4,270 |
$4,436 |
|
Legislators |
-- 1 |
-- 1 |
-- 1 |
-- 1 |
-- 1 |
|
Elected State Officers |
-- 2 |
-- 2 |
-- 2 |
-- 2 |
-- 2 |
|
Judges |
-- 1 |
$14,393 |
$19,018 |
$20,489 |
$22,498 |
|
Group Average |
-- |
-- |
-- |
-- |
-- |
|
MERF |
$4,575 |
$6,010 |
$9,102 3 |
$10,457 3 |
$12,011 |
|
DTRFA |
$1,530 |
$1,512 |
$1,856 3 |
$2,134 3 |
$2,288 |
|
MTRFA |
3,835 |
3,905 |
3,650 3 |
3,956 3 |
4,039 3 |
|
SPTRFA |
2,781 |
3,004 |
3,780 3 |
4,058 3 |
4,434 3 |
|
Group Average |
$2,990 |
$3,079 |
$3,426 |
$3,770 |
$3,992 |
Plan is terminally funded, meaning that the State contribution is made only upon the retirement of each participant.1
2 Plan is funded on a current disbursements or "pay-as-you-go" basis, meaning that the State funds the retirement annuities or benefits monthly when they are done.
3 Plan is funded also with a direct State appropriation, excluded from this calculation, which would increase the total employer contribution amount.
|
SERVICE RETIREES |
|||||
| Number | |||||
|
Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
|
MSRS-General |
10,464 |
11,810 |
14,004 |
16,276 |
17,279 |
|
PERA |
17,277 |
24,314 |
31,487 |
39,940 |
43,037 |
|
TRA |
12,798 |
16,133 |
21,458 |
29,525 |
32,231 |
|
Subtotal |
40,539 |
52,257 |
66,949 |
85,741 |
92,547 |
|
MSRS-Correctional |
309 |
340 |
399 |
616 |
754 |
|
State Patrol |
285 |
346 |
401 |
531 |
577 |
|
PERA-P&F |
765 |
1,057 |
1,435 |
3,991 |
4,191 |
|
P&F Consolidation Accounts |
-- |
248 |
1,349 |
-- |
-- |
|
Local Govt. Correctional |
-- |
-- |
-- |
9 |
35 |
|
Subtotal |
1,359 |
1,991 |
3,584 |
5,147 |
5,557 |
|
Legislators |
108 |
126 |
155 |
210 |
230 |
|
Elected State Officers |
6 |
3 |
5 |
8 |
8 |
|
Judges |
83 |
105 |
131 |
153 |
164 |
|
Subtotal |
197 |
234 |
291 |
371 |
402 |
|
MERF |
3,459 |
3,688 |
3,657 |
3,757 |
3,780 |
|
DTRFA |
562 |
634 |
788 |
937 |
1,004 |
|
MTRFA |
2,153 |
2,254 |
2,482 |
3,033 |
3,283 |
|
SPTRFA |
963 |
1,111 |
1,334 |
1,728 |
1,884 |
|
Subtotal |
3,678 |
3,999 |
4,604 |
5,698 |
6,171 |
| Average Benefit | |||||
| Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
| MSRS-General |
$3,784 |
$5,891 |
$7,898 |
$13,103 |
$14,797 |
| PERA |
4,617 |
6,493 |
7,696 |
11,458 |
12,407 |
| TRA |
6,680 |
10,781 |
15,952 |
26,617 |
29,009 |
| Group Average |
$5,053 |
$7,681 |
$10,381 |
$16,990 |
$18,635 |
| MSRS-Correctional |
$4,966 |
$7,306 |
$11,592 |
$15,619 |
$17,120 |
| State Patrol |
11,745 |
19,066 |
25,865 |
43,808 |
49,458 |
| PERA-P&F |
8,271 |
13,592 |
18,613 |
35,115 |
40,381 |
| P&F Consolidation Accounts |
-- |
17,107 |
23,377 |
-- |
-- |
| Local Govt. Correctional |
-- |
-- |
-- |
427 |
1,201 |
| Group Average |
$8,248 |
$13,908 |
$20,447 |
$33,618 |
$37,921 |
| Legislators |
$6,568 |
$8,884 |
$11,751 |
$17,864 |
$19,830 |
| Elected State Officers |
13,836 |
21,009 |
20,070 |
26,612 |
30,459 |
| Judges |
19,880 |
27,410 |
35,855 |
55,729 |
61,285 |
| Group Average |
$12,398 |
$17,352 |
$22,745 |
$33,668 |
$36,954 |
| MERF |
$8,598 |
$13,258 |
$16,463 |
$24,148 |
$28,161 |
| DTRFA |
$4,044 |
$5,027 |
$9,581 |
$13,853 |
$15,729 |
| MTRFA |
7,384 |
14,462 |
18,737 |
27,928 |
31,124 |
| SPTRFA |
9,422 |
12,384 |
16,523 |
26,874 |
29,850 |
| Group Average |
$7,407 |
$12,389 |
$16,528 |
$25,294 |
$28,230 |
|
SURVIVORS |
|||||
| Number | |||||
|
Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
|
MSRS-General |
537 |
899 |
1,313 |
1,955 |
2,308 |
|
PERA |
3,854 |
4,414 |
5,260 |
6,010 |
6,276 |
|
TRA |
781 |
929 |
1,331 |
1,912 |
2,192 |
|
Subtotal |
5,172 |
6,242 |
7,904 |
9,877 |
10,776 |
|
MSRS-Correctional |
8 |
15 |
25 |
56 |
69 |
|
State Patrol |
109 |
105 |
121 |
157 |
156 |
|
PERA-P&F |
279 |
347 |
426 |
1,205 |
1,206 |
|
P&F Consolidation Accounts |
-- |
129 |
580 |
-- |
-- |
|
Local Govt. Correctional |
-- |
-- |
-- |
0 |
2 |
|
Subtotal |
396 |
596 |
1,152 |
1,418 |
1,433 |
|
Legislators |
41 |
37 |
61 |
70 |
67 |
|
Elected State Officers |
3 |
5 |
6 |
5 |
5 |
|
Judges |
52 |
64 |
77 |
82 |
87 |
|
Subtotal |
96 |
106 |
144 |
157 |
159 |
|
MERF |
938 |
942 |
987 |
1,056 |
1,036 |
|
DTRFA |
23 |
29 |
46 |
53 |
68 |
|
MTRFA |
140 |
204 |
225 |
254 |
268 |
|
SPTRFA |
112 |
129 |
170 |
213 |
228 |
|
Subtotal |
275 |
362 |
441 |
520 |
564 |
| Average Benefit | |||||
| Plan |
1985 |
1990 |
1995 |
2000 |
2002 |
| MSRS-General |
$2,828 |
$4,645 |
$6,601 |
$11,405 |
$13,115 |
| PERA |
2,574 |
4,475 |
|||