State and Local Government Pension Funding Ratios, 2014 · Source: Pension assets and state revenue...
Transcript of State and Local Government Pension Funding Ratios, 2014 · Source: Pension assets and state revenue...
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
67%
53%
63%85%
76%
62%
47%
93%
131%
86%
68%
60%
89%
46% 77%
89%
68%46%
60%
81%
69%
52%64%
76%
62%
73%
71%
81%
70%
62%
47%
64%
87%
88%
68%
73%
75%
88%
54%55%
56%
71%
92%
88%
88%
58%
76%
83%
78%
125%
75%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2014
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
71%
49%
65%80%
75%
62%
48%
90%
137%
86%
68%
57%
88%
45% 81%
91%
67%49%
60%
82%
68%
53%67%
75%
61%
67%
75%
76%
67%
59%
49%
66%
84%
91%
68%
72%
74%
89%
57%57%
59%
72%
95%
91%
86%
61%
77%
81%
76%
125%
80%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2013
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
61%
44%
58%72%
67%
55%
45%
80%
127%
76%
61%
53%
81%
41% 71%
81%
59%45%
52%
72%
60%
48%58%
67%
53%
60%
70%
67%
61%
53%
44%
57%
73%
82%
63%
61%
64%
75%
51%49%
53%
65%
85%
84%
76%
56%
67%
75%
65%
110%
73%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2012
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
53%
44%
56%71%
66%
54%
44%
79%
120%
76%
59%
53%
81%
41% 69%
80%
58%45%
50%
71%
58%
47%56%
65%
51%
58%
65%
64%
59%
51%
44%
56%
69%
81%
62%
59%
61%
71%
50%48%
53%
63%
82%
82%
74%
56%
65%
75%
61%
108%
70%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2011
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
57%
48%
59%75%
72%
59%
45%
84%
126%
84%
64%
58%
86%
46% 74%
87%
61%48%
53%
71%
62%
50%66%
70%
62%
60%
66%
70%
63%
55%
49%
64%
77%
87%
66%
66%
62%
77%
57%51%
55%
68%
87%
89%
82%
62%
71%
80%
64%
113%
78%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2010
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
64%
50%
58%76%
72%
58%
44%
83%
135%
86%
67%
58%
87%
47% 72%
87%
63%49%
53%
66%
61%
51%75%
68%
66%
58%
66%
71%
63%
55%
48%
63%
77%
90%
68%
68%
56%
78%
61%47%
53%
67%
91%
94%
86%
62%
71%
78%
65%
107%
79%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2009
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
57%
49%
53%71%
70%
55%
42%
76%
129%
80%
60%
53%
77%
45% 63%
82%
61%49%
51%
60%
58%
48%71%
62%
63%
54%
61%
66%
58%
51%
42%
59%
71%
84%
68%
65%
53%
73%
61%42%
53%
62%
84%
83%
83%
56%
70%
75%
55%
97%
75%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2008
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
80%
77%
74%96%
101%
75%
59%
104%
167%
111%
80%
78%
106%
63% 92%
121%
94%72%
71%
94%
82%
69%98%
86%
95%
77%
88%
94%
81%
74%
57%
86%
103%
112%
101%
91%
79%
106%
87%58%
83%
90%
110%
108%
120%
84%
102%
106%
67%
137%
111%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2007
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
84%
92%
75%96%
102%
72%
59%
96%
165%
110%
79%
84%
108%
66% 101%
119%
94%73%
70%
91%
82%
67%101%
88%
97%
83%
88%
97%
84%
74%
51%
86%
104%
108%
104%
90%
77%
104%
84%61%
88%
89%
106%
112%
114%
87%
97%
102%
51%
137%
112%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2006
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
81%
90%
78%95%
101%
73%
57%
93%
184%
110%
80%
79%
105%
67% 98%
115%
84%75%
68%
78%
83%
64%96%
88%
90%
84%
83%
93%
87%
72%
49%
86%
100%
110%
100%
89%
75%
97%
81%63%
90%
86%
105%
107%
103%
86%
94%
98%
46%
136%
104%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2005
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
82%
87%
82%95%
101%
74%
56%
100%
141%
118%
83%
72%
104%
68% 91%
113%
84%76%
70%
77%
85%
61%88%
87%
83%
82%
82%
94%
88%
68%
52%
87%
98%
111%
96%
90%
78%
99%
81%62%
91%
84%
108%
102%
98%
85%
93%
94%
54%
141%
95%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2004
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
94%
101%
92%104%
109%
78%
62%
109%
133%
128%
94%
78%
108%
72% 93%
128%
88%84%
71%
85%
92%
63%94%
97%
89%
87%
83%
104%
94%
68%
58%
92%
103%
118%
103%
98%
83%
107%
88%60%
99%
90%
121%
113%
96%
91%
101%
99%
54%
149%
98%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2003
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
83%
78%
78%90%
92%
74%
56%
96%
113%
103%
84%
69%
91%
62% 77%
110%
74%75%
59%
71%
78%
56%85%
87%
79%
71%
70%
95%
78%
59%
54%
82%
90%
105%
88%
85%
68%
85%
79%51%
87%
77%
105%
97%
83%
78%
88%
87%
47%
117%
93%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2002
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
95%
81%
100%107%
100%
88%
63%
114%
166%
114%
97%
86%
108%
74% 91%
126%
88%90%
70%
78%
87%
70%105%
103%
95%
80%
85%
116%
89%
73%
66%
97%
102%
128%
105%
101%
75%
75%
100%65%
98%
87%
121%
115%
103%
90%
106%
105%
55%
140%
110%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2001
AL
AK
AZAR
CA
CO
CT
DE
DC
FL
GA
HI
ID
IL IN
IA
KSKY
LA
ME
MD
MAMI
MN
MS
MO
MT
NE
NV
NH
NJ
NM
NY
NC
ND
OH
OK
OR
PARI
SC
SD
TN
TX
UT
VT
VA
WA
WV
WI
WY
102%
99%
122%118%
109%
84%
65%
133%
241%
111%
92%
93%
127%
78% 99%
149%
95%100%
78%
88%
102%
79%120%
112%
104%
89%
100%
125%
100%
84%
74%
102%
102%
139%
126%
106%
85%
59%
122%72%
102%
106%
133%
139%
113%
101%
124%
120%
57%
165%
108%
Source: Pension assets and state revenue from Census Bureau; Pension liabilities and state GDP from Bureau of Economic Analysis Note: Reported percentages are pension funding ratios, defined as pension assets as a percentage of pension liabilities.
Funding Ratio
<= 50% 50.1−60% 60.1−70% 70.1−80% 80.1−90% >90.1%
State and Local Government Pension Funding Ratios, 2000