New Jersey

Summary for year 2016
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Liability (thousands)$233,943,000$233,633,990$309,010
Value of Assets (thousands)$77,026,529$76,924,786$101,743
Market Pension Debt (thousands)$156,916,472$156,709,204$207,267
Market Funded Ratio32.9%32.9%32.9%
Market Discount Rate3.00%3.00%3.00%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Liability (thousands)$130,553,198$130,380,753$172,445
Actuarial Pension Debt (thousands)$53,526,669$53,455,967$70,702
Actuarial Funded Ratio59.0%59.0%59.0%
Assumed Rate of Return7.73%7.73%7.73%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Pension Debt/Household$49,121$49,056$65
Market Pension Debt/Capita$17,543$17,520$23
Market Pension Debt/State General Fund Expenditures4.684.670.01
Market Pension Debt/State Total Expenditures2.622.620.00
Market Pension Debt/State Total General Fund Revenues4.764.760.01
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Pension Debt/Household$16,756$16,734$22
Actuarial Pension Debt/Capita$5,984$5,976$8
Actuarial Pension Debt/State General Fund Expenditures1.601.590.00
Actuarial Pension Debt/State Total Expenditures0.890.890.00
Actuarial Pension Debt/State Total General Fund Revenues1.621.620.00