New Jersey

Summary for year 2015
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Liability (thousands)$289,590,591$289,242,052$348,540
Value of Assets (thousands)$86,932,881$86,828,252$104,629
Market Pension Debt (thousands)$202,657,710$202,413,800$243,911
Market Funded Ratio30.0%30.0%30.0%
Market Discount Rate2.75%2.75%2.75%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Liability (thousands)$146,025,886$145,850,135$175,751
Actuarial Pension Debt (thousands)$59,093,005$59,021,883$71,122
Actuarial Funded Ratio59.5%59.5%59.5%
Assumed Rate of Return7.90%7.90%7.90%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Pension Debt/Household$63,297$63,221$76
Market Pension Debt/Capita$22,623$22,596$27
Market Pension Debt/State General Fund Expenditures6.306.290.01
Market Pension Debt/State Total Expenditures3.633.630.00
Market Pension Debt/State Total General Fund Revenues6.126.110.01
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Pension Debt/Household$18,457$18,435$22
Actuarial Pension Debt/Capita$6,597$6,589$8
Actuarial Pension Debt/State General Fund Expenditures1.841.830.00
Actuarial Pension Debt/State Total Expenditures1.061.060.00
Actuarial Pension Debt/State Total General Fund Revenues1.781.780.00