U.S. Pension Tracker

Joe Nation, Ph.D.

Project Director
Stanford Institute for
Economic Policy Research

The Bottom 25% (Lowest quartile) indicates relatively lower unfunded liabilities. The Top 25% (Highest quartile) indicates relatively higher unfunded liabilities. Metrics reflect the Fiscal Year selected. Agencies reported as NA or agencies for which we do not have geographic locations are excluded from calculations. See Glossary for additional information.

Data reflect Fiscal Year (FY) 2017, the most recent available.

Alaska, All State and Local Systems

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Plan : From year: to
Detailed Table

Assets, Liabilities and Unfunded Liabilities

Variable 2015 2016 2017
Market Liability (thousands) $37,998,563 $39,933,850 $40,414,783
Value of Assets (thousands) $14,394,775 $13,683,476 $14,818,139
Market Pension Debt (thousands) $23,603,789 $26,250,374 $25,596,644
Market Discount Rate 3.25% 3.00% 3.00%
Actuarial Liability (thousands) $21,181,978 $21,570,319 $21,829,975
Actuarial Pension Debt (thousands) $6,787,203 $7,886,843 $7,011,836
Assumed Rate of Return 8.00% 8.00% 8.00%
  • Variable

    Market Liability (thousands)

    • 2017

      $40,414,783

    • 2016

      $39,933,850

    • 2015

      $37,998,563

    • 2014

      $40,289,780

    • 2013

      $36,404,571

    • 2012

      $38,911,048

    • 2011

      $30,398,710

    • 2010

      $30,177,522

    • 2009

      $26,903,610

    • 2008

      $24,952,244


  • Variable

    Value of Assets (thousands)

    • 2017

      $14,818,139

    • 2016

      $13,683,476

    • 2015

      $14,394,775

    • 2014

      $12,044,150

    • 2013

      $10,468,506

    • 2012

      $9,599,459

    • 2011

      $9,860,809

    • 2010

      $8,533,581

    • 2009

      $8,081,424

    • 2008

      $11,110,929


  • Variable

    Market Pension Debt (thousands)

    • 2017

      $25,596,644

    • 2016

      $26,250,374

    • 2015

      $23,603,789

    • 2014

      $28,245,630

    • 2013

      $25,936,065

    • 2012

      $29,311,589

    • 2011

      $20,537,901

    • 2010

      $21,643,941

    • 2009

      $18,822,186

    • 2008

      $13,841,315


  • Variable

    Market Discount Rate

    • 2017

      3.00%

    • 2016

      3.00%

    • 2015

      3.25%

    • 2014

      3.00%

    • 2013

      3.20%

    • 2012

      2.50%

    • 2011

      4.00%

    • 2010

      3.70%

    • 2009

      4.20%

    • 2008

      4.50%


  • Variable

    Actuarial Liability (thousands)

    • 2017

      $21,829,975

    • 2016

      $21,570,319

    • 2015

      $21,181,978

    • 2014

      $20,748,345

    • 2013

      $19,394,750

    • 2012

      $18,718,647

    • 2011

      $17,922,118

    • 2010

      $17,202,219

    • 2009

      $15,881,254

    • 2008

      $15,231,652


  • Variable

    Actuarial Pension Debt (thousands)

    • 2017

      $7,011,836

    • 2016

      $7,886,843

    • 2015

      $6,787,203

    • 2014

      $8,704,195

    • 2013

      $8,926,244

    • 2012

      $9,119,188

    • 2011

      $8,061,309

    • 2010

      $8,668,638

    • 2009

      $7,799,829

    • 2008

      $4,120,723


  • Variable

    Assumed Rate of Return

    • 2017

      8.00%

    • 2016

      8.00%

    • 2015

      8.00%

    • 2014

      8.00%

    • 2013

      8.00%

    • 2012

      8.00%

    • 2011

      8.00%

    • 2010

      8.00%

    • 2009

      8.25%

    • 2008

      8.25%


*Recommended not to combine dollar and other categories.

Funded Ratios

Variable 2015 2016 2017
Market Funded Ratio 37.9% 34.3% 36.7%
Actuarial Funded Ratio 68.0% 63.4% 67.9%
  • Variable

    Market Funded Ratio

    • 2017

      36.7%

    • 2016

      34.3%

    • 2015

      37.9%

    • 2014

      29.9%

    • 2013

      28.8%

    • 2012

      24.7%

    • 2011

      32.4%

    • 2010

      28.3%

    • 2009

      30.0%

    • 2008

      44.5%


  • Variable

    Actuarial Funded Ratio

    • 2017

      67.9%

    • 2016

      63.4%

    • 2015

      68.0%

    • 2014

      58.1%

    • 2013

      54.0%

    • 2012

      51.3%

    • 2011

      55.0%

    • 2010

      49.6%

    • 2009

      50.9%

    • 2008

      73.0%


*Recommended not to combine dollar and other categories.

State Demographics

Variable 2015 2016 2017
Population 738,432 741,894 739,795
Households 250,128 248,468 250,741
  • Variable

    Population

    • 2017

      739,795

    • 2016

      741,894

    • 2015

      738,432

    • 2014

      737,046

    • 2013

      737,442

    • 2012

      731,081

    • 2011

      722,572

    • 2010

      713,856

    • 2009

      698,895

    • 2008

      687,455


  • Variable

    Households

    • 2017

      250,741

    • 2016

      248,468

    • 2015

      250,128

    • 2014

      249,659

    • 2013

      246,015

    • 2012

      251,651

    • 2011

      257,330

    • 2010

      254,610

    • 2009

      236,597

    • 2008

      237,607


*Recommended not to combine dollar and other categories.

Budget & Revenue

Variable 2015 2016 2017
State General Fund Expenditures (thousands) $6,013,000 $5,729,000 $4,461,429
State Total Expenditures (thousands) $13,940,000 $10,602,000 $10,090,563
State Total General Fund Revenues (thousands) $2,216,000 $1,540,000 $1,646,400
  • Variable

    State General Fund Expenditures (thousands)

    • 2017

      $4,461,429

    • 2016

      $5,729,000

    • 2015

      $6,013,000

    • 2014

      $7,226,000

    • 2013

      $7,690,000

    • 2012

      $7,400,000

    • 2011

      $8,948,000

    • 2010

      $5,627,000

    • 2009

      $7,176,000

    • 2008

      $5,090,000


  • Variable

    State Total Expenditures (thousands)

    • 2017

      $10,090,563

    • 2016

      $10,602,000

    • 2015

      $13,940,000

    • 2014

      $11,397,000

    • 2013

      $12,022,000

    • 2012

      $11,789,000

    • 2011

      $13,992,000

    • 2010

      $9,761,000

    • 2009

      $12,582,000

    • 2008

      $11,656,000


  • Variable

    State Total General Fund Revenues (thousands)

    • 2017

      $1,646,400

    • 2016

      $1,540,000

    • 2015

      $2,216,000

    • 2014

      $5,390,000

    • 2013

      $6,932,000

    • 2012

      $9,485,000

    • 2011

      $7,673,000

    • 2010

      $5,330,000

    • 2009

      $5,584,000

    • 2008

      $10,508,000


*Recommended not to combine dollar and other categories.

Unfunded Liability Metrics

Variable 2015 2016 2017
Market Pension Debt/Household $94,367 $105,649 $102,084
Market Pension Debt/Capita $31,965 $35,383 $34,600
Market Pension Debt/State General Fund Expenditures 3.93 4.58 5.74
Market Pension Debt/State Total Expenditures 1.69 2.48 2.54
Market Pension Debt/State Total General Fund Revenues 10.65 17.05 15.55
Actuarial Pension Debt/Household $27,135 $31,742 $27,964
Actuarial Pension Debt/Capita $9,191 $10,631 $9,478
Actuarial Pension Debt/State General Fund Expenditures 1.13 1.38 1.57
Actuarial Pension Debt/State Total Expenditures 0.49 0.74 0.69
Actuarial Pension Debt/State Total General Fund Revenues 3.06 5.12 4.26
  • Variable

    Market Pension Debt/Household

    • 2017

      $102,084

    • 2016

      $105,649

    • 2015

      $94,367

    • 2014

      $113,137

    • 2013

      $105,425

    • 2012

      $116,477

    • 2011

      $79,812

    • 2010

      $85,008

    • 2009

      $79,554

    • 2008

      $58,253


  • Variable

    Market Pension Debt/Capita

    • 2017

      $34,600

    • 2016

      $35,383

    • 2015

      $31,965

    • 2014

      $38,323

    • 2013

      $35,170

    • 2012

      $40,093

    • 2011

      $28,423

    • 2010

      $30,320

    • 2009

      $26,931

    • 2008

      $20,134


  • Variable

    Market Pension Debt/State General Fund Expenditures

    • 2017

      5.74

    • 2016

      4.58

    • 2015

      3.93

    • 2014

      3.91

    • 2013

      3.37

    • 2012

      3.96

    • 2011

      2.30

    • 2010

      3.85

    • 2009

      2.62

    • 2008

      2.72


  • Variable

    Market Pension Debt/State Total Expenditures

    • 2017

      2.54

    • 2016

      2.48

    • 2015

      1.69

    • 2014

      2.48

    • 2013

      2.16

    • 2012

      2.49

    • 2011

      1.47

    • 2010

      2.22

    • 2009

      1.50

    • 2008

      1.19


  • Variable

    Market Pension Debt/State Total General Fund Revenues

    • 2017

      15.55

    • 2016

      17.05

    • 2015

      10.65

    • 2014

      5.24

    • 2013

      3.74

    • 2012

      3.09

    • 2011

      2.68

    • 2010

      4.06

    • 2009

      3.37

    • 2008

      1.32


  • Variable

    Actuarial Pension Debt/Household

    • 2017

      $27,964

    • 2016

      $31,742

    • 2015

      $27,135

    • 2014

      $34,864

    • 2013

      $36,283

    • 2012

      $36,237

    • 2011

      $31,327

    • 2010

      $34,047

    • 2009

      $32,967

    • 2008

      $17,343


  • Variable

    Actuarial Pension Debt/Capita

    • 2017

      $9,478

    • 2016

      $10,631

    • 2015

      $9,191

    • 2014

      $11,810

    • 2013

      $12,104

    • 2012

      $12,474

    • 2011

      $11,156

    • 2010

      $12,143

    • 2009

      $11,160

    • 2008

      $5,994


  • Variable

    Actuarial Pension Debt/State General Fund Expenditures

    • 2017

      1.57

    • 2016

      1.38

    • 2015

      1.13

    • 2014

      1.20

    • 2013

      1.16

    • 2012

      1.23

    • 2011

      0.90

    • 2010

      1.54

    • 2009

      1.09

    • 2008

      0.81


  • Variable

    Actuarial Pension Debt/State Total Expenditures

    • 2017

      0.69

    • 2016

      0.74

    • 2015

      0.49

    • 2014

      0.76

    • 2013

      0.74

    • 2012

      0.77

    • 2011

      0.58

    • 2010

      0.89

    • 2009

      0.62

    • 2008

      0.35


  • Variable

    Actuarial Pension Debt/State Total General Fund Revenues

    • 2017

      4.26

    • 2016

      5.12

    • 2015

      3.06

    • 2014

      1.61

    • 2013

      1.29

    • 2012

      0.96

    • 2011

      1.05

    • 2010

      1.63

    • 2009

      1.40

    • 2008

      0.39


*Recommended not to combine dollar and other categories.

Pension Tracker

Stanford Institute for Economic Policy Research
366 Galvez Street
Stanford, CA  94305-6050
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