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 |