AUM $218.4M #5 of 42 by assets · FY 2025
Funded 62.5% #26 of 42 · FY 2024
Amortization 14.7 yr FY 2024 PRB
Expense BPS 44.5 bps Expense rank 11 of 42 · FY 2025
Members 826 468 active / 358 annuitants · FY 2025
Verified provider records

Service providers named in public sources

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Managers

Historical references in the linked reports; current appointments are not verified. Investment schedule names are reproduced as reported.

Benefits and membership

Plan provisions from PRB filing

Active Members
468
Annuitants
358
Employee Contribution
14.10% of pay
Employer Contribution
26.20% of pay
Normal Retirement
Tier 1: 54/20 | Tier 1: 54/20
Benefit Formula
Tier 1: The greater of: 52% x Final Average Salary + $150 x Years of Credited Service or $137 x YCS | Tier 1: The greater of: 52% x Final Average Salary + $150 x Years of Credited Service above 20 or $137 x YCS
Final Average Salary
Tier 1: Highest 60 months | Tier 1: Highest 60 months
COLA
Tier 1: Ad hoc based on financial condition of the retirement system shown in actuarial valuation | Tier 1: None