Pension Tracker Project Director
Bill Lane Center for the West
Funding liabilities and funded ratios using using discount rates reported by pension systems, currently an average of about 7.2%.
Present Value of future benefits for current members, using discount rates reported by pension systems, about 7.2% in 2019
Source
Actuarial Liability minus Value of Assets.
Source
Assumed investment rate of return. Also known as the discount rate.
Source
Number of households in a state.
Source : U.S. Bureau of the Census, Fact-finder.
Funding liabilities and funded ratios using discount rates equal to the CalPERS high termination rate. The use of this discount rate is intended, as CalPERS is the largest US public pension.
A discount rate equal to the CalPERS high termination rate, which ranged from 3% to 4.50% between 2008 and 2019.
Source : U.S. Department of the Treasury, Resource Center.
Present Value of future benefits for current members, discounted using the CalPERS high termination rate.
Source
Market Liability minus Value of Assets.
Source
Actuarial Liabilities or Market Liabilities minus Value of Assets. Also known as Unfunded Actuarial Liability, Unfunded Market Liability, or net pension debt. Example: Liabilities = $200; Assets = $100; Pension Debt = $100.
Number of persons in a state.
Source : U.S. Bureau of the Census, Fact-finder.
Annual expenditures from a state's general fund.
Source : National Association of State Budget Officers, State Expenditure Reports.
Total expenditures from a state's general and all other funds.
Source : National Association of State Budget Officers, State Expenditure Reports
Revenues to a state's general fund. District of Columbia includes tax revenues only.
Source : National Association of State Budget Officers, State Expenditure Reports.
50 U.S. states plus the District of Columbia
Source
Market or fair value of assets.
Source