Pension Fund Membership
A pension fund is a retirement plan established by a state or local government where contributions are made by both employers and employees into a pool set aside for employees’ future benefit. The pool of assets is professionally managed and invested collectively and the investments earnings on the contributions generate monthly retirement income to the employees upon retirement.
NCPERS pension fund membership dues are based on the fund’s assets under management (AUM).
|Assets Under Management (AUM)||Annual Dues|
|Less than $1 Billion AUM||$260|
|$1 Billion – $3 Billion AUM||$510|
|$3 - $5 Billion AUM||$770|
|$5 - $10 Billion AUM||$1,025|
|$10 - $50 Billion AUM||$2,050|
|$50 Billion - $100 Billion AUM||$3,070|
|$100 Billion - $150 Billion AUM||$4,100|
|$150 Billion AUM and Over||$5,120|