California

Summary for year 2018
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Liability (thousands)$1,987,859,870$1,427,713,081$560,146,790
Value of Assets (thousands)$902,165,809$647,950,062$254,215,747
Market Pension Debt (thousands)$1,085,694,061$779,763,018$305,931,043
Market Funded Ratio45.4%45.4%45.4%
Market Discount Rate3.25%3.25%3.25%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Liability (thousands)$1,246,571,483$895,307,783$351,263,701
Actuarial Pension Debt (thousands)$344,405,674$247,357,720$97,047,954
Actuarial Funded Ratio72.4%72.4%72.4%
Assumed Rate of Return7.02%7.02%7.02%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Pension Debt/Household$83,738$60,142$23,596
Market Pension Debt/Capita$27,446$19,712$7,734
Market Pension Debt/State General Fund Expenditures8.706.252.45
Market Pension Debt/State Total Expenditures4.032.891.13
Market Pension Debt/State Total General Fund Revenues8.285.952.33
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Pension Debt/Household$26,563$19,078$7,485
Actuarial Pension Debt/Capita$8,707$6,253$2,453
Actuarial Pension Debt/State General Fund Expenditures2.761.980.78
Actuarial Pension Debt/State Total Expenditures1.280.920.36
Actuarial Pension Debt/State Total General Fund Revenues2.631.890.74