State and Local Pension Funding Status and Ratios by State, 2002 - 2021 1
State
|
Assets2
(US$ Billions)
|
Liabilities3
(US$ Billions)
|
Funding Status4
(US$ Billions)
|
Funding Ratio5
(%)
|
Funding Status Percent of GDP6
(%)
|
|||||
---|---|---|---|---|---|---|---|---|---|---|
United States | 5,834.1 | 9,416.1 | -3,582 | 62 | -15.2 | |||||
Alabama | 54.1 | 93 | -38.9 | 58.2 | -15.1 | |||||
Alaska | 19.8 | 34.2 | -14.4 | 57.8 | -24.6 | |||||
Arizona | 72.3 | 133.3 | -61.1 | 54.2 | -14.1 | |||||
Arkansas | 38.8 | 63.2 | -24.4 | 61.4 | -16.1 | |||||
California | 1,296.5 | 2,036.8 | -740.3 | 63.7 | -21.7 | |||||
Colorado | 80.7 | 139.4 | -58.7 | 57.9 | -13.1 | |||||
Connecticut | 59.5 | 139.3 | -79.7 | 42.7 | -26.9 | |||||
Delaware | 15.7 | 20.6 | -4.9 | 76.3 | -5.9 | |||||
District of Columbia | 15.4 | 16.7 | -1.3 | 92.1 | -0.8 | |||||
Florida | 253.8 | 363.9 | -110.1 | 69.7 | -8.5 | |||||
Georgia | 144.3 | 240.1 | -95.8 | 60.1 | -13.7 | |||||
Hawaii | 21.1 | 50.7 | -29.6 | 41.6 | -31.8 | |||||
Idaho | 23.5 | 30.6 | -7.1 | 76.8 | -7.2 | |||||
Illinois | 224.2 | 595.5 | -371.3 | 37.6 | -39.3 | |||||
Indiana | 42.8 | 66.4 | -23.6 | 64.5 | -5.6 | |||||
Iowa | 48.7 | 64.6 | -16 | 75.3 | -7.2 | |||||
Kansas | 28.6 | 52.1 | -23.5 | 54.8 | -12.3 | |||||
Kentucky | 43.8 | 107.6 | -63.8 | 40.7 | -26.8 | |||||
Louisiana | 68.5 | 112.2 | -43.7 | 61.1 | -16.6 | |||||
Maine | 18.9 | 28.1 | -9.2 | 67.1 | -11.7 | |||||
Maryland | 101.5 | 165.5 | -64 | 61.3 | -14.3 | |||||
Massachusetts | 114.9 | 220.6 | -105.7 | 52.1 | -16.4 | |||||
Michigan | 118 | 225 | -107 | 52.4 | -18.6 | |||||
Minnesota | 92.8 | 144.5 | -51.8 | 64.2 | -12.5 | |||||
Mississippi | 36.4 | 77.7 | -41.2 | 46.9 | -32.1 | |||||
Missouri | 104.9 | 166.2 | -61.3 | 63.1 | -16.8 | |||||
Montana | 14.9 | 26.4 | -11.4 | 56.6 | -19.1 | |||||
Nebraska | 30.6 | 37.8 | -7.1 | 81.1 | -4.8 | |||||
Nevada | 60.5 | 105.2 | -44.7 | 57.5 | -22.3 | |||||
New Hampshire | 12.1 | 22.8 | -10.7 | 53.2 | -10.8 | |||||
New Jersey | 94.4 | 276.6 | -182.2 | 34.1 | -26.3 | |||||
New Mexico | 34.8 | 67.8 | -33 | 51.4 | -29.5 | |||||
New York | 716.1 | 895.9 | -179.8 | 79.9 | -9.4 | |||||
North Carolina | 123.4 | 175.2 | -51.8 | 70.4 | -7.9 | |||||
North Dakota | 8.1 | 15.1 | -6.9 | 54 | -11 | |||||
Ohio | 242.5 | 377 | -134.5 | 64.3 | -17.7 | |||||
Oklahoma | 44.5 | 67.6 | -23 | 65.9 | -10.6 | |||||
Oregon | 102.2 | 149 | -46.8 | 68.6 | -17 | |||||
Pennsylvania | 154.4 | 278.6 | -124.1 | 55.4 | -14.7 | |||||
Rhode Island | 13.4 | 24.8 | -11.4 | 54.2 | -16.9 | |||||
South Carolina | 41.5 | 91.8 | -50.3 | 45.2 | -18.5 | |||||
South Dakota | 15.9 | 20.6 | -4.7 | 77.4 | -7.4 | |||||
Tennessee | 64.8 | 105.5 | -40.7 | 61.4 | -9.3 | |||||
Texas | 378.5 | 597.7 | -219.2 | 63.3 | -10.5 | |||||
Utah | 44.3 | 59.6 | -15.3 | 74.3 | -6.6 | |||||
Vermont | 5.6 | 13.2 | -7.6 | 42.3 | -20.3 | |||||
Virginia | 127.3 | 193.1 | -65.9 | 65.9 | -10.7 | |||||
Washington | 152 | 196.1 | -44.1 | 77.5 | -6.4 | |||||
West Virginia | 21.5 | 30.6 | -9.1 | 70.4 | -10.5 | |||||
Wisconsin | 179.3 | 183.1 | -3.8 | 97.9 | -1 | |||||
Wyoming | 12 | 17.2 | -5.2 | 69.5 | -12.4 | |||||
Source:
|
Last Update: December 15, 2023