Retirement

Cliffwater Research - Trends in State Pension Asset Allocation and Performance June 2012

SEANC's ongoing retirement investigation

Recent State Employee Benefit History

Year COLA Retiree Formula State Retirement Contribution Employee Retirement Contribution
2001 2.00% 1.81% 1.97% 6.00%
2002 2.00% 1.82% 0% 6.00%
2003 1.28% 1.82% 0.22% 6.00%
2004 1.70% 1.82% 2.17% 6.00%
2005 2.00% 1.82% 2.34% 6.00%
2006 3.00% 1.82% 2.66% 6.00%
2007 2.20% 1.82% 3.05% 6.00%
2008 2.20% 1.82% 3.36% 6.00%
2009 0% 1.82% 3.57% 6.00%
2010 0% 1.82% 3.57% 6.00%
2011 0% 1.82% 4.93% 6.00%
2012 1% 1.82% 8.33% 6.00%
2013 0% 1.82% 8.69% 6.00%
2014 1% 1.82% 9.16% 6.00%