California

Summary for year 2016
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Liability (thousands)$1,855,096,128$1,337,885,716$517,210,412
Value of Assets (thousands)$719,279,055$518,740,328$200,538,727
Market Pension Debt (thousands)$1,135,817,072$819,145,388$316,671,685
Market Funded Ratio38.8%38.8%38.8%
Market Discount Rate3.00%3.00%3.00%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Liability (thousands)$1,078,101,051$777,520,892$300,580,159
Actuarial Pension Debt (thousands)$358,821,995$258,780,564$100,041,431
Actuarial Funded Ratio66.7%66.7%66.7%
Assumed Rate of Return7.39%7.39%7.39%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Pension Debt/Household$87,747$63,283$24,464
Market Pension Debt/Capita$28,938$20,870$8,068
Market Pension Debt/State General Fund Expenditures9.837.092.74
Market Pension Debt/State Total Expenditures4.273.081.19
Market Pension Debt/State Total General Fund Revenues9.837.092.74
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Pension Debt/Household$27,721$19,992$7,729
Actuarial Pension Debt/Capita$9,142$6,593$2,549
Actuarial Pension Debt/State General Fund Expenditures3.102.240.87
Actuarial Pension Debt/State Total Expenditures1.350.970.38
Actuarial Pension Debt/State Total General Fund Revenues3.112.240.87