SECTION 1
The Retirement Systems of Alabama
This $42.3 billion retirement fund provides Alabama’s education, state, and local public employees a financially secure future. Each month, thousands of Alabama retirees count on us for reliable benefit payments during their retirement. The RSA operates as one of the most cost-efficient state pension funds in the country!
SECTION 2
Serving Alabama’s Public Servants
There are more than 394,256 RSA members, or
7.7% of the total population of the state of Alabama.
RSA members are teachers, bus drivers, school custodians, policemen, firefighters, secretaries, professors, coaches, judges, and other public employees working for cities, counties, the state, schools, universities, community colleges, courts, and the Legislature.
RSA provides financial security
and stability with retirement and
pays over $4.0 billion
in retirement benefits
to members each year.
SECTION 3
Impacting Alabama’s Economy
RSA members spend their retirement
benefits in the state of Alabama.
$3.5 billion
in benefits are paid to retirees
that reside in Alabama.
$4.6 billion
in total estimated economic impact
provided to the state, creating
jobs and tax revenue.
RSA has invested billions in Alabama office buildings,
golf courses, hotels, and Alabama corporations.
These investments have produced
billions of dollars
in state and local
tax revenuesbillions of dollars
in increased
earningscreated several
hundred
thousand jobs
Despite this huge impact on Alabama,
RSA’s Alabama real estate
investments make up less than
5.5% of its total investment portfolio.
SECTION 4
Investing for RSA Members and Employers
RSA’s members and employers make contributions to RSA to help fund benefits.
RSA invests these funds
in–house, keeping costs low, so
that the investment income can
be used to pay benefits and not
outside management fees.
RSA has made $63
billion in investment
income since 1973. Making up 55%
of its income for that time period.
RSA spends less to do more.
In fiscal year 2023, RSA only spent $15.3 million on investment expenses.
Two other “same size” states with “outside money managers” cost one state $476.4 million and the other $430.5 million for one year!