Year at a glance

Year at a glance

  • At the start of 2022, the plan had $74.2 billion. The plan’s investments were impacted by market conditions, and at the end of the year the plan’s assets had decreased to $71.5 billion. Despite losses in 2022, members’ pensions remain secure.
  • The plan collected about $2.6 billion from contributions and lost about $2.3 billion from investments. The plan remains strong and is prepared to navigate these impacts.
  • The plan paid out about $2.9 billion in pensions, benefits and expenses.
$74,165 - 2,312 + 2,600 - 2,902 = $71,551
Net assets
January 1, 2022
  Investment
income
  Contributions   Pensions, benefits
and expenses
  Net assets
December 31, 2022