California

Summary for year 2016
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Liability (thousands)$1,853,829,704$1,336,972,378$516,857,326
Value of Assets (thousands)$719,469,884$518,877,953$200,591,931
Market Pension Debt (thousands)$1,134,359,820$818,094,425$316,265,395
Market Funded Ratio38.8%38.8%38.8%
Market Discount Rate3.00%3.00%3.00%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Liability (thousands)$1,077,447,778$777,049,755$300,398,023
Actuarial Pension Debt (thousands)$357,977,893$258,171,802$99,806,091
Actuarial Funded Ratio66.8%66.8%66.8%
Assumed Rate of Return7.39%7.39%7.39%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Pension Debt/Household$87,635$63,202$24,433
Market Pension Debt/Capita$28,901$20,843$8,058
Market Pension Debt/State General Fund Expenditures9.827.082.74
Market Pension Debt/State Total Expenditures4.273.081.19
Market Pension Debt/State Total General Fund Revenues9.827.082.74
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Pension Debt/Household$27,656$19,945$7,711
Actuarial Pension Debt/Capita$9,120$6,578$2,543
Actuarial Pension Debt/State General Fund Expenditures3.102.230.86
Actuarial Pension Debt/State Total Expenditures1.350.970.38
Actuarial Pension Debt/State Total General Fund Revenues3.102.240.86