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) 2016, 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 2014 2015 2016
Market Liability (thousands) $40,289,780 $42,540,787 $49,677,098
Value of Assets (thousands) $12,044,150 $14,394,775 $13,683,476
Market Pension Debt (thousands) $28,245,630 $28,146,013 $35,993,622
Market Discount Rate 3.00% 2.75% 1.75%
Actuarial Liability (thousands) $20,748,345 $21,181,978 $21,570,319
Actuarial Pension Debt (thousands) $8,704,195 $6,787,203 $7,886,843
Assumed Rate of Return 8.00% 8.00% 8.00%
  • Variable

    Market Liability (thousands)

    • 2016

      $49,677,098

    • 2015

      $42,540,787

    • 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)

    • 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)

    • 2016

      $35,993,622

    • 2015

      $28,146,013

    • 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

    • 2016

      1.75%

    • 2015

      2.75%

    • 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)

    • 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)

    • 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

    • 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 2014 2015 2016
Market Funded Ratio 29.9% 33.8% 27.5%
Actuarial Funded Ratio 58.1% 68.0% 63.4%
  • Variable

    Market Funded Ratio

    • 2016

      27.5%

    • 2015

      33.8%

    • 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

    • 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 2014 2015 2016
Population 737,046 738,432 741,894
Households 249,659 250,128 248,468
  • Variable

    Population

    • 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

    • 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 2014 2015 2016
State General Fund Expenditures (thousands) $7,226,000 $6,013,000 $5,729,000
State Total Expenditures (thousands) $11,397,000 $13,940,000 $10,602,000
State Total General Fund Revenues (thousands) $5,390,000 $2,216,000 $1,540,000
  • Variable

    State General Fund Expenditures (thousands)

    • 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)

    • 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)

    • 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 2014 2015 2016
Market Pension Debt/Household $113,137 $112,526 $144,862
Market Pension Debt/Capita $38,323 $38,116 $48,516
Market Pension Debt/State General Fund Expenditures 3.91 4.68 6.28  
Market Pension Debt/State Total Expenditures 2.48 2.02 3.39
Market Pension Debt/State Total General Fund Revenues 5.24 12.70 23.37
Actuarial Pension Debt/Household $34,864 $27,135 $31,742
Actuarial Pension Debt/Capita $11,810 $9,191 $10,631
Actuarial Pension Debt/State General Fund Expenditures 1.20 1.13 1.38
Actuarial Pension Debt/State Total Expenditures 0.76 0.49 0.74
Actuarial Pension Debt/State Total General Fund Revenues 1.61 3.06 5.12
  • Variable

    Market Pension Debt/Household

    • 2016

      $144,862

    • 2015

      $112,526

    • 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

    • 2016

      $48,516

    • 2015

      $38,116

    • 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

    • 2016

      6.28

    • 2015

      4.68

    • 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

    • 2016

      3.39

    • 2015

      2.02

    • 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

    • 2016

      23.37

    • 2015

      12.70

    • 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

    • 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

    • 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

    • 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

    • 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

    • 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
admin@pensiontracker.org