The second-largest public retirement system in the state saw its investments increase by $1.09 billion, almost a 12.3% return. The Arkansas Public Employees Retirement System’s investments now sit at $10.6 billion.
The system’s average rate of return is approximately 10.5%.
The system is the state government’s second-largest retirement system behind the Arkansas Teacher Retirement System.
The Arkansas Public Employees Retirement System is made up of 44,373 working members. Those members have an average salary of $44,373. The system also includes 39,805 retired members with an average benefit of $16,003 annually.
Local and state governments paid just under $300 million into the system in 2020. The members paid $71.4 million.
