New Jersey

Summary for year 2017
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Liability (thousands)$273,557,908$273,196,572$361,336
Value of Assets (thousands)$81,552,863$81,445,142$107,721
Market Pension Debt (thousands)$192,005,045$191,751,430$253,615
Market Funded Ratio29.8%29.8%29.8%
Market Discount Rate3.00%3.00%3.00%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Liability (thousands)$156,845,048$156,637,875$207,173
Actuarial Pension Debt (thousands)$75,292,185$75,192,733$99,452
Actuarial Funded Ratio52.0%52.0%52.0%
Assumed Rate of Return7.50%7.50%7.50%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Pension Debt/Household$59,651$59,572$79
Market Pension Debt/Capita$21,321$21,292$28
Market Pension Debt/State General Fund Expenditures5.635.620.01
Market Pension Debt/State Total Expenditures3.183.170.00
Market Pension Debt/State Total General Fund Revenues5.665.650.01
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Pension Debt/Household$23,391$23,361$31
Actuarial Pension Debt/Capita$8,361$8,350$11
Actuarial Pension Debt/State General Fund Expenditures2.212.200.00
Actuarial Pension Debt/State Total Expenditures1.251.240.00
Actuarial Pension Debt/State Total General Fund Revenues2.222.220.00