Milwaukee County (WI) ERS — assets, returns and funding
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Milwaukee County (WI) ERS (Wisconsin) reported $1.7bn of assets for fiscal year 2024, a one-year investment return of 8.7%, and was 70.4% funded — below the ~80% mark the industry reads as sound.
| Total assets (FY 2024) | $1.7bn |
| 1-year return | 8.7% |
| 5-year return (annualised) | 7.6% |
| 10-year return (annualised) | 7.6% |
| Funded ratio (GASB) | 70.4% |
How the money is invested (asset allocation)
Milwaukee County (WI) ERS held 39.9% of its assets in public equities and 17.5% in fixed income (bonds) for fiscal year 2024 — the largest of 7 sleeves it reports, with the rest below:
| Public equities | 39.9% |
| Fixed income (bonds) | 17.5% |
| Private equity | 17.4% |
| Commodities | 10.6% |
| Hedge funds | 6.3% |
| Real estate | 5.3% |
| Cash | 3.1% |
Compare Milwaukee County (WI) ERS with similar plans
The plans most worth reading Milwaukee County (WI) ERS against — similar in size, or invested in the same managers — side by side, each with its own page for the detail:
| Plan | Assets | 1-yr return | Funded ratio | Why comparable |
|---|---|---|---|---|
| Wisconsin RS | $134.5bn | 8.5% | 98.1% | Same state — Wisconsin |
| Milwaukee (WI) City ERS | $6.0bn | 6.8% | 76.0% | Same state — Wisconsin |
| Omaha (NE) School | $1.7bn | 19.7% | 59.8% | Similar size |
| Chicago (IL) Fire | $1.8bn | 9.2% | 24.4% | Similar size |
| Cincinnati (OH) ERS | $1.8bn | 10.6% | 72.0% | Similar size |
| Detroit (MI) General RS | $1.8bn | 10.3% | 67.3% | Similar size |
Questions this page answers
How much does Milwaukee County (WI) ERS have in assets?
Milwaukee County (WI) ERS reported $1.7bn in total assets for fiscal year 2024, as compiled by the Public Plans Database.
What return did Milwaukee County (WI) ERS make on its investments?
Milwaukee County (WI) ERS reported a 8.7% one-year investment return for fiscal year 2024, and 7.6% a year over the past ten years, per the Public Plans Database.
Is Milwaukee County (WI) ERS fully funded?
Milwaukee County (WI) ERS was 70.4% funded for fiscal year 2024 — below the ~80% mark many treat as reasonably sound. US public plans face no federal funding minimum, and actuaries add that the trend matters more than any single line (Public Plans Database).
How is Milwaukee County (WI) ERS's money invested?
Milwaukee County (WI) ERS held 39.9% of its assets in public equities and 17.5% in fixed income (bonds), its largest sleeves for fiscal year 2024 (Public Plans Database).
See also: all tracked plans · how the private-equity funds these plans invest in have actually performed, from the plans' own disclosures: private market performance, and where plans' numbers diverge on the same fund.