California

Summary for year 2019
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Liability (thousands)$2,106,214,699$1,524,323,051$581,891,648
Value of Assets (thousands)$945,978,654$684,629,667$261,348,987
Market Pension Debt (thousands)$1,160,236,045$839,693,384$320,542,661
Market Funded Ratio44.9%44.9%44.9%
Market Discount Rate3.25%3.25%3.25%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Liability (thousands)$1,307,256,546$946,095,993$361,160,553
Actuarial Pension Debt (thousands)$361,277,892$261,466,326$99,811,566
Actuarial Funded Ratio72.4%72.4%72.4%
Assumed Rate of Return7.11%7.11%7.11%
VariableAll State and Local SystemsAll State SystemsLocal Systems
Market Pension Debt/Household$88,946$64,373$24,573
Market Pension Debt/Capita$29,364$21,251$8,112
Market Pension Debt/State General Fund Expenditures8.135.882.25
Market Pension Debt/State Total Expenditures3.732.701.03
Market Pension Debt/State Total General Fund Revenues8.406.082.32
VariableAll State and Local SystemsAll State SystemsLocal Systems
Actuarial Pension Debt/Household$27,696$20,045$7,652
Actuarial Pension Debt/Capita$9,143$6,617$2,526
Actuarial Pension Debt/State General Fund Expenditures2.531.830.70
Actuarial Pension Debt/State Total Expenditures1.160.840.32
Actuarial Pension Debt/State Total General Fund Revenues2.621.890.72