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.

Connecticut, 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) $128,814,509 $152,781,837 $152,171,412
Value of Assets (thousands) $34,992,051 $36,035,370 $39,811,679
Market Pension Debt (thousands) $93,822,459 $116,746,467 $112,359,733
Market Discount Rate 3.25% 3.00% 3.00%
Actuarial Liability (thousands) $69,252,934 $87,011,763 $86,734,154
Actuarial Pension Debt (thousands) $34,260,884 $50,976,393 $46,922,475
Assumed Rate of Return 8.30% 7.56% 7.55%
  • Variable

    Market Liability (thousands)

    • 2017

      $152,171,412

    • 2016

      $152,781,837

    • 2015

      $128,814,509

    • 2014

      $132,617,930

    • 2013

      $122,179,116

    • 2012

      $130,190,778

    • 2011

      $101,829,832

    • 2010

      $103,176,095

    • 2009

      $48,677,841

    • 2008

      $83,874,171


  • Variable

    Value of Assets (thousands)

    • 2017

      $39,811,679

    • 2016

      $36,035,370

    • 2015

      $34,992,051

    • 2014

      $33,830,986

    • 2013

      $29,945,702

    • 2012

      $27,620,914

    • 2011

      $29,396,098

    • 2010

      $25,184,372

    • 2009

      $13,986,145

    • 2008

      $29,280,931


  • Variable

    Market Pension Debt (thousands)

    • 2017

      $112,359,733

    • 2016

      $116,746,467

    • 2015

      $93,822,459

    • 2014

      $98,786,944

    • 2013

      $92,233,414

    • 2012

      $102,569,864

    • 2011

      $72,433,734

    • 2010

      $77,991,723

    • 2009

      $34,691,696

    • 2008

      $54,593,240


  • 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

      $86,734,154

    • 2016

      $87,011,763

    • 2015

      $69,252,934

    • 2014

      $65,693,893

    • 2013

      $62,612,267

    • 2012

      $60,244,298

    • 2011

      $57,007,478

    • 2010

      $55,847,355

    • 2009

      $27,821,457

    • 2008

      $50,216,491


  • Variable

    Actuarial Pension Debt (thousands)

    • 2017

      $46,922,475

    • 2016

      $50,976,393

    • 2015

      $34,260,884

    • 2014

      $31,862,907

    • 2013

      $32,666,565

    • 2012

      $32,623,384

    • 2011

      $27,611,380

    • 2010

      $30,662,983

    • 2009

      $13,835,312

    • 2008

      $20,935,560


  • Variable

    Assumed Rate of Return

    • 2017

      7.55%

    • 2016

      7.56%

    • 2015

      8.30%

    • 2014

      8.30%

    • 2013

      8.30%

    • 2012

      8.30%

    • 2011

      8.40%

    • 2010

      8.40%

    • 2009

      8.50%

    • 2008

      8.40%


*Recommended not to combine dollar and other categories.

Funded Ratios

Variable 2015 2016 2017
Market Funded Ratio 27.2% 23.6% 26.2%
Actuarial Funded Ratio 50.5% 41.4% 45.9%
  • Variable

    Market Funded Ratio

    • 2017

      26.2%

    • 2016

      23.6%

    • 2015

      27.2%

    • 2014

      25.5%

    • 2013

      24.5%

    • 2012

      21.2%

    • 2011

      28.9%

    • 2010

      24.4%

    • 2009

      28.7%

    • 2008

      34.9%


  • Variable

    Actuarial Funded Ratio

    • 2017

      45.9%

    • 2016

      41.4%

    • 2015

      50.5%

    • 2014

      51.5%

    • 2013

      47.8%

    • 2012

      45.9%

    • 2011

      51.6%

    • 2010

      45.1%

    • 2009

      50.3%

    • 2008

      58.3%


*Recommended not to combine dollar and other categories.

State Demographics

Variable 2015 2016 2017
Population 3,590,886 3,576,452 3,588,184
Households 1,354,355 1,357,269 1,356,762
  • Variable

    Population

    • 2017

      3,588,184

    • 2016

      3,576,452

    • 2015

      3,590,886

    • 2014

      3,594,762

    • 2013

      3,597,168

    • 2012

      3,594,362

    • 2011

      3,590,537

    • 2010

      3,579,345

    • 2009

      1,780,904

    • 2008

      1,772,790


  • Variable

    Households

    • 2017

      1,356,762

    • 2016

      1,357,269

    • 2015

      1,354,355

    • 2014

      1,355,817

    • 2013

      1,339,860

    • 2012

      1,357,812

    • 2011

      1,351,643

    • 2010

      1,358,809

    • 2009

      1,326,329

    • 2008

      1,329,305


*Recommended not to combine dollar and other categories.

Budget & Revenue

Variable 2015 2016 2017
State General Fund Expenditures (thousands) $17,405,000 $17,990,000 $17,653,000
State Total Expenditures (thousands) $30,697,000 $31,086,000 $30,859,000
State Total General Fund Revenues (thousands) $17,317,000 $17,781,000 $17,632,000
  • Variable

    State General Fund Expenditures (thousands)

    • 2017

      $17,653,000

    • 2016

      $17,990,000

    • 2015

      $17,405,000

    • 2014

      $16,980,000

    • 2013

      $19,026,000

    • 2012

      $18,782,000

    • 2011

      $17,845,000

    • 2010

      $17,241,000

    • 2009

      $11,496,000

    • 2008

      $16,627,000


  • Variable

    State Total Expenditures (thousands)

    • 2017

      $30,859,000

    • 2016

      $31,086,000

    • 2015

      $30,697,000

    • 2014

      $29,193,000

    • 2013

      $27,769,000

    • 2012

      $27,508,000

    • 2011

      $26,174,000

    • 2010

      $24,359,000

    • 2009

      $19,298,000

    • 2008

      $24,270,000


  • Variable

    State Total General Fund Revenues (thousands)

    • 2017

      $17,632,000

    • 2016

      $17,781,000

    • 2015

      $17,317,000

    • 2014

      $17,010,000

    • 2013

      $19,405,000

    • 2012

      $18,562,000

    • 2011

      $17,707,000

    • 2010

      $17,689,000

    • 2009

      $15,701,000

    • 2008

      $16,419,000


*Recommended not to combine dollar and other categories.

Unfunded Liability Metrics

Variable 2015 2016 2017
Market Pension Debt/Household $69,275 $86,016 $82,815
Market Pension Debt/Capita $26,128 $32,643 $31,314
Market Pension Debt/State General Fund Expenditures 5.39 6.49 6.36
Market Pension Debt/State Total Expenditures 3.06 3.76 3.64
Market Pension Debt/State Total General Fund Revenues 5.42 6.57 6.37
Actuarial Pension Debt/Household $25,297 $37,558 $34,584
Actuarial Pension Debt/Capita $9,541 $14,253 $13,077
Actuarial Pension Debt/State General Fund Expenditures 1.97 2.83 2.66
Actuarial Pension Debt/State Total Expenditures 1.12 1.64 1.52
Actuarial Pension Debt/State Total General Fund Revenues 1.98 2.87 2.66
  • Variable

    Market Pension Debt/Household

    • 2017

      $82,815

    • 2016

      $86,016

    • 2015

      $69,275

    • 2014

      $72,862

    • 2013

      $68,838

    • 2012

      $75,541

    • 2011

      $53,589

    • 2010

      $57,397

    • 2009

      $26,156

    • 2008

      $41,069


  • Variable

    Market Pension Debt/Capita

    • 2017

      $31,314

    • 2016

      $32,643

    • 2015

      $26,128

    • 2014

      $27,481

    • 2013

      $25,641

    • 2012

      $28,536

    • 2011

      $20,174

    • 2010

      $21,789

    • 2009

      $19,480

    • 2008

      $30,795


  • Variable

    Market Pension Debt/State General Fund Expenditures

    • 2017

      6.36

    • 2016

      6.49

    • 2015

      5.39

    • 2014

      5.82

    • 2013

      4.85

    • 2012

      5.46

    • 2011

      4.06

    • 2010

      4.52

    • 2009

      3.02

    • 2008

      3.28


  • Variable

    Market Pension Debt/State Total Expenditures

    • 2017

      3.64

    • 2016

      3.76

    • 2015

      3.06

    • 2014

      3.38

    • 2013

      3.32

    • 2012

      3.73

    • 2011

      2.77

    • 2010

      3.20

    • 2009

      1.80

    • 2008

      2.25


  • Variable

    Market Pension Debt/State Total General Fund Revenues

    • 2017

      6.37

    • 2016

      6.57

    • 2015

      5.42

    • 2014

      5.81

    • 2013

      4.75

    • 2012

      5.53

    • 2011

      4.09

    • 2010

      4.41

    • 2009

      2.21

    • 2008

      3.33


  • Variable

    Actuarial Pension Debt/Household

    • 2017

      $34,584

    • 2016

      $37,558

    • 2015

      $25,297

    • 2014

      $23,501

    • 2013

      $24,381

    • 2012

      $24,026

    • 2011

      $20,428

    • 2010

      $22,566

    • 2009

      $10,431

    • 2008

      $15,749


  • Variable

    Actuarial Pension Debt/Capita

    • 2017

      $13,077

    • 2016

      $14,253

    • 2015

      $9,541

    • 2014

      $8,864

    • 2013

      $9,081

    • 2012

      $9,076

    • 2011

      $7,690

    • 2010

      $8,567

    • 2009

      $7,769

    • 2008

      $11,809


  • Variable

    Actuarial Pension Debt/State General Fund Expenditures

    • 2017

      2.66

    • 2016

      2.83

    • 2015

      1.97

    • 2014

      1.88

    • 2013

      1.72

    • 2012

      1.74

    • 2011

      1.55

    • 2010

      1.78

    • 2009

      1.20

    • 2008

      1.26


  • Variable

    Actuarial Pension Debt/State Total Expenditures

    • 2017

      1.52

    • 2016

      1.64

    • 2015

      1.12

    • 2014

      1.09

    • 2013

      1.18

    • 2012

      1.19

    • 2011

      1.05

    • 2010

      1.26

    • 2009

      0.72

    • 2008

      0.86


  • Variable

    Actuarial Pension Debt/State Total General Fund Revenues

    • 2017

      2.66

    • 2016

      2.87

    • 2015

      1.98

    • 2014

      1.87

    • 2013

      1.68

    • 2012

      1.76

    • 2011

      1.56

    • 2010

      1.73

    • 2009

      0.88

    • 2008

      1.28


*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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