California

Summary for year 2017
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Liability (thousands)$1,935,839,223$1,396,117,218$539,722,005
Value of Assets (thousands)$813,233,796$586,500,000$226,733,796
Market Pension Debt (thousands)$1,122,605,427$809,617,218$312,988,209
Market Funded Ratio42.0%42.0%42.0%
Market Discount Rate3.00%3.00%3.00%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Liability (thousands)$1,147,792,739$827,782,176$320,010,562
Actuarial Pension Debt (thousands)$334,558,943$241,282,176$93,276,767
Actuarial Funded Ratio70.9%70.9%70.9%
Assumed Rate of Return7.23%7.23%7.23%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Pension Debt/Household$86,320$62,254$24,067
Market Pension Debt/Capita$28,394$20,478$7,916
Market Pension Debt/State General Fund Expenditures9.256.672.58
Market Pension Debt/State Total Expenditures4.152.991.16
Market Pension Debt/State Total General Fund Revenues9.476.832.64
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Pension Debt/Household$25,725$18,553$7,172
Actuarial Pension Debt/Capita$8,462$6,103$2,359
Actuarial Pension Debt/State General Fund Expenditures2.761.990.77
Actuarial Pension Debt/State Total Expenditures1.240.890.34
Actuarial Pension Debt/State Total General Fund Revenues2.822.040.79