U.S. Pension Tracker

Joe Nation, Ph.D.

Pension Tracker Project Director
Bill Lane Center for the West

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) 2019, 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 2017 2018 2019
Market Liability (thousands) $152,171,412 $159,914,613 $158,866,382
Value of Assets (thousands) $39,811,679 $38,604,327 $46,371,518
Market Pension Debt (thousands) $112,359,733 $121,310,286 $112,494,864
Market Discount Rate 3.00% 3.25% 3.25%
Actuarial Liability (thousands) $86,734,154 $94,603,789 $101,036,605
Actuarial Pension Debt (thousands) $46,922,475 $55,999,461 $54,665,088
Assumed Rate of Return 7.55% 7.50% 6.91%
  • Variable

    Market Liability (thousands)

    • 2019

      $158,866,382

    • 2018

      $159,914,613

    • 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)

    • 2019

      $46,371,518

    • 2018

      $38,604,327

    • 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)

    • 2019

      $112,494,864

    • 2018

      $121,310,286

    • 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

    • 2019

      3.25%

    • 2018

      3.25%

    • 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)

    • 2019

      $101,036,605

    • 2018

      $94,603,789

    • 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)

    • 2019

      $54,665,088

    • 2018

      $55,999,461

    • 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

    • 2019

      6.91%

    • 2018

      7.50%

    • 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 2017 2018 2019
Market Funded Ratio 26.2% 24.1% 29.2%
Actuarial Funded Ratio 45.9% 40.8% 45.9%
  • Variable

    Market Funded Ratio

    • 2019

      29.2%

    • 2018

      24.1%

    • 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

    • 2019

      45.9%

    • 2018

      40.8%

    • 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 2017 2018 2019
Population 3,588,184 3,572,665 3,565,287
Households 1,356,762 1,367,674 1,370,746
  • Variable

    Population

    • 2019

      3,565,287

    • 2018

      3,572,665

    • 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

    • 2019

      1,370,746

    • 2018

      1,367,674

    • 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 2017 2018 2019
State General Fund Expenditures (thousands) $17,653,000 $18,610,700 $19,243,600
State Total Expenditures (thousands) $30,859,000 $33,151,153 $34,060,469
State Total General Fund Revenues (thousands) $17,632,000 $18,198,600 $19,535,700
  • Variable

    State General Fund Expenditures (thousands)

    • 2019

      $19,243,600

    • 2018

      $18,610,700

    • 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)

    • 2019

      $34,060,469

    • 2018

      $33,151,153

    • 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)

    • 2019

      $19,535,700

    • 2018

      $18,198,600

    • 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 2017 2018 2019
Market Pension Debt/Household $82,815 $88,698 $82,068
Market Pension Debt/Capita $31,314 $33,955 $31,553
Market Pension Debt/State General Fund Expenditures 6.36 6.52 5.85
Market Pension Debt/State Total Expenditures 3.64 3.66 3.30
Market Pension Debt/State Total General Fund Revenues 6.37 6.67 5.76
Actuarial Pension Debt/Household $34,584 $40,945 $39,880
Actuarial Pension Debt/Capita $13,077 $15,674 $15,333
Actuarial Pension Debt/State General Fund Expenditures 2.66 3.01 2.84
Actuarial Pension Debt/State Total Expenditures 1.52 1.69 1.60
Actuarial Pension Debt/State Total General Fund Revenues 2.66 3.08 2.80
  • Variable

    Market Pension Debt/Household

    • 2019

      $82,068

    • 2018

      $88,698

    • 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

    • 2019

      $31,553

    • 2018

      $33,955

    • 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

    • 2019

      5.85

    • 2018

      6.52

    • 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

    • 2019

      3.30

    • 2018

      3.66

    • 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

    • 2019

      5.76

    • 2018

      6.67

    • 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

    • 2019

      $39,880

    • 2018

      $40,945

    • 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

    • 2019

      $15,333

    • 2018

      $15,674

    • 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

    • 2019

      2.84

    • 2018

      3.01

    • 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

    • 2019

      1.60

    • 2018

      1.69

    • 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

    • 2019

      2.80

    • 2018

      3.08

    • 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

Bill Lane Center for the West
473 Via Ortega, First Floor
Stanford, CA 94305-4225
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