New Jersey

Summary for year 2016
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Liability (thousands)$290,292,423$289,908,982$383,440
Value of Assets (thousands)$77,026,529$76,924,786$101,743
Market Pension Debt (thousands)$213,265,894$212,984,196$281,698
Market Funded Ratio26.5%26.5%26.5%
Market Discount Rate1.75%1.75%1.75%
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$66,760$66,672$88
Market Pension Debt/Capita$23,843$23,812$31
Market Pension Debt/State General Fund Expenditures6.366.350.01
Market Pension Debt/State Total Expenditures3.563.560.00
Market Pension Debt/State Total General Fund Revenues6.476.460.01
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