US public pension profile· PORS
South Carolina Police Officers Retirement System
Funding, investment choices and long-term returns.
South Carolina ·Fiscal year 2025
PORS: fiscal year 2025 at a glance
- Market value of assets
- USD 8.1 billion
- Total membership
- 76,066
- Funded ratio
- 71.30%
- Assumed investment return
- 7.00%
Asset allocation in 2025
| Public equity | 43.92% |
|---|---|
| Fixed income | 1.62% |
| Private equity | 20.34% |
| Real estate | 10.13% |
| Hedge funds | 9.61% |
| Cash | 14.38% |
Returns to 2025
| One year | 11.34% |
|---|---|
| Five years | 10.84% |
| Ten years | 7.65% |
PORS: size and funding over time
| Fiscal year | Market value of assets | Membership | Funded ratio | Return assumption |
|---|---|---|---|---|
| 2001 | USD 2.2 billion | 39,771 | 94.60% | 7.25% |
| 2002 | USD 2.3 billion | 40,344 | 93.00% | 7.25% |
| 2003 | USD 2.5 billion | 41,263 | 91.50% | 7.25% |
| 2004 | USD 2.7 billion | 42,387 | 87.70% | 7.25% |
| 2005 | USD 2.8 billion | 43,663 | 87.40% | 7.25% |
| 2006 | USD 2.9 billion | 45,411 | 84.70% | 7.25% |
| 2007 | USD 3.3 billion | 47,384 | 84.70% | 7.25% |
| 2008 | USD 3.2 billion | 49,271 | 77.90% | 8.00% |
| 2009 | USD 2.5 billion | 50,380 | 76.30% | 8.00% |
| 2010 | USD 2.9 billion | 51,033 | 74.50% | 8.00% |
| 2011 | USD 3.3 billion | 51,988 | 72.80% | 7.50% |
| 2012 | USD 3.3 billion | 52,672 | 71.10% | 7.50% |
| 2013 | USD 3.5 billion | 54,317 | 69.20% | 7.50% |
| 2014 | USD 4.0 billion | 55,975 | 69.51% | 7.50% |
| 2015 | USD 4.0 billion | 57,433 | 69.24% | 7.50% |
| 2016 | USD 3.9 billion | 58,940 | 66.31% | 7.50% |
| 2017 | USD 4.3 billion | 60,947 | 63.03% | 7.25% |
| 2018 | USD 4.6 billion | 62,861 | 63.08% | 7.25% |
| 2019 | USD 4.8 billion | 64,435 | 62.72% | 7.25% |
| 2020 | USD 4.7 billion | 66,231 | 62.50% | 7.25% |
| 2021 | USD 6.1 billion | 67,325 | 64.27% | 7.00% |
| 2022 | USD 5.9 billion | 68,641 | 65.41% | 7.00% |
| 2023 | USD 6.4 billion | 71,694 | 65.94% | 7.00% |
| 2024 | USD 7.2 billion | 74,350 | 67.49% | 7.00% |
| 2025 | USD 8.1 billion | 76,066 | 71.30% | 7.00% |
PORS: asset allocation over time
| Fiscal year | Public equity | Fixed income | Private equity | Real estate | Hedge funds | Cash |
|---|---|---|---|---|---|---|
| 2001 | 21.71% | 78.29% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2002 | 25.87% | 74.13% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2003 | 34.24% | 65.76% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2004 | 41.29% | 58.71% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2005 | 41.79% | 57.05% | 0.00% | 0.00% | 0.00% | 1.16% |
| 2006 | 49.26% | 49.72% | 0.00% | 0.00% | 0.00% | 1.02% |
| 2007 | 50.00% | 50.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 2008 | 47.90% | 41.60% | 1.00% | 0.00% | 8.70% | 0.80% |
| 2009 | 32.84% | 34.79% | 2.54% | 0.63% | 16.10% | 13.10% |
| 2010 | 27.30% | 27.40% | 4.30% | 0.60% | 26.20% | 14.20% |
| 2011 | 32.40% | 22.40% | 7.10% | 0.80% | 28.10% | 7.30% |
| 2012 | 24.30% | 18.00% | 9.10% | 2.50% | 27.90% | 15.50% |
| 2013 | 28.25% | 23.31% | 9.58% | 3.69% | 21.81% | 10.66% |
| 2014 | 30.86% | 16.63% | 14.63% | 3.61% | 25.45% | 6.71% |
| 2015 | 32.30% | 15.93% | 14.51% | 3.96% | 26.76% | 3.57% |
| 2016 | 31.72% | 13.87% | 15.48% | 7.06% | 25.60% | 2.10% |
| 2017 | 35.08% | 15.20% | 13.53% | 7.17% | 20.45% | 1.95% |
| 2018 | 36.67% | 15.22% | 13.56% | 8.54% | 17.03% | 0.00% |
| 2019 | 35.09% | 17.17% | 13.14% | 7.40% | 17.85% | 8.91% |
| 2020 | 42.08% | 11.56% | 13.54% | 9.45% | 10.70% | 11.63% |
| 2021 | 48.88% | 7.78% | 18.24% | 9.62% | 11.70% | 3.78% |
| 2022 | 39.56% | 5.61% | 23.86% | 13.41% | 13.34% | 4.23% |
| 2023 | 42.84% | 4.54% | 22.47% | 11.14% | 12.11% | 6.90% |
| 2024 | 44.73% | 2.84% | 21.51% | 10.19% | 10.79% | 9.94% |
| 2025 | 43.92% | 1.62% | 20.34% | 10.13% | 9.61% | 14.38% |
PORS: investment returns
Each year shows the return over the preceding one, five and ten years.
| Fiscal year | One year | Five years | Ten years |
|---|---|---|---|
| 2001 | 7.36% | 7.26% | Not reported |
| 2002 | 0.85% | 5.48% | Not reported |
| 2003 | 8.32% | 4.84% | Not reported |
| 2004 | 8.64% | 5.96% | 7.44% |
| 2005 | 6.63% | 6.28% | 6.69% |
| 2006 | 5.10% | 5.88% | 6.68% |
| 2007 | 13.35% | 8.84% | 3.06% |
| 2008 | -2.56% | 6.25% | 5.53% |
| 2009 | -19.04% | 0.16% | 3.06% |
| 2010 | 14.62% | 1.48% | 3.95% |
| 2011 | 18.59% | 3.95% | 5.02% |
| 2012 | 0.61% | 1.46% | 4.98% |
| 2013 | 9.99% | 3.76% | 4.98% |
| 2014 | 15.29% | 11.48% | 5.60% |
| 2015 | 1.60% | 8.87% | 5.17% |
| 2016 | -0.39% | 5.19% | 4.61% |
| 2017 | 11.88% | 7.50% | 4.47% |
| 2018 | 7.82% | 7.07% | 5.40% |
| 2019 | 5.84% | 5.26% | 8.33% |
| 2020 | -1.58% | 4.59% | 6.71% |
| 2021 | 28.57% | 10.07% | 7.60% |
| 2022 | -0.97% | 7.38% | 7.43% |
| 2023 | 6.83% | 7.19% | 7.11% |
| 2024 | 10.49% | 8.14% | 6.66% |
| 2025 | 11.34% | 10.84% | 7.65% |