U.S. Pension Tracker

Joe Nation, Ph.D.

Project Director
Stanford Institute for
Economic Policy Research

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) 2017, the most recent available.

Missouri, All State and Local Systems

PDF Excel Excel
Plan : From year: to
Detailed Table

Assets, Liabilities and Unfunded Liabilities

Variable 2015 2016 2017
Market Liability (thousands) $133,285,963 $140,091,910 $10,583,993
Value of Assets (thousands) $60,442,036 $59,625,999 $5,469,839
Market Pension Debt (thousands) $72,843,928 $80,465,911 $5,114,153
Market Discount Rate 3.25% 3.00% 3.00%
Actuarial Liability (thousands) $74,493,536 $78,101,966 $5,997,551
Actuarial Pension Debt (thousands) $14,051,500 $18,475,967 $527,711
Assumed Rate of Return 7.98% 7.73% 7.60%
  • Variable

    Market Liability (thousands)

    • 2017

      $10,583,993

    • 2016

      $140,091,910

    • 2015

      $133,285,963

    • 2014

      $134,877,758

    • 2013

      $127,294,430

    • 2012

      $136,187,576

    • 2011

      $106,901,951

    • 2010

      $116,085,928

    • 2009

      $105,495,566

    • 2008

      $97,282,969


  • Variable

    Value of Assets (thousands)

    • 2017

      $5,469,839

    • 2016

      $59,625,999

    • 2015

      $60,442,036

    • 2014

      $59,226,506

    • 2013

      $53,382,501

    • 2012

      $49,052,103

    • 2011

      $49,680,381

    • 2010

      $42,360,389

    • 2009

      $38,929,188

    • 2008

      $49,412,495


  • Variable

    Market Pension Debt (thousands)

    • 2017

      $5,114,153

    • 2016

      $80,465,911

    • 2015

      $72,843,928

    • 2014

      $75,651,252

    • 2013

      $73,911,929

    • 2012

      $87,135,473

    • 2011

      $57,221,570

    • 2010

      $73,725,539

    • 2009

      $66,566,378

    • 2008

      $47,870,474


  • Variable

    Market Discount Rate

    • 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)

    • 2017

      $5,997,551

    • 2016

      $78,101,966

    • 2015

      $74,493,536

    • 2014

      $69,639,390

    • 2013

      $68,081,141

    • 2012

      $65,684,830

    • 2011

      $63,189,637

    • 2010

      $66,344,745

    • 2009

      $64,573,701

    • 2008

      $61,577,416


  • Variable

    Actuarial Pension Debt (thousands)

    • 2017

      $527,711

    • 2016

      $18,475,967

    • 2015

      $14,051,500

    • 2014

      $10,412,885

    • 2013

      $14,698,641

    • 2012

      $16,632,727

    • 2011

      $13,509,255

    • 2010

      $23,984,356

    • 2009

      $25,644,513

    • 2008

      $12,164,921


  • Variable

    Assumed Rate of Return

    • 2017

      7.60%

    • 2016

      7.73%

    • 2015

      7.98%

    • 2014

      7.98%

    • 2013

      7.97%

    • 2012

      7.98%

    • 2011

      7.98%

    • 2010

      7.98%

    • 2009

      7.97%

    • 2008

      7.97%


*Recommended not to combine dollar and other categories.

Funded Ratios

Variable 2015 2016 2017
Market Funded Ratio 45.3% 42.6% 51.7%
Actuarial Funded Ratio 81.1% 76.3% 91.2%
  • Variable

    Market Funded Ratio

    • 2017

      51.7%

    • 2016

      42.6%

    • 2015

      45.3%

    • 2014

      43.9%

    • 2013

      41.9%

    • 2012

      36.0%

    • 2011

      46.5%

    • 2010

      36.5%

    • 2009

      36.9%

    • 2008

      50.8%


  • Variable

    Actuarial Funded Ratio

    • 2017

      91.2%

    • 2016

      76.3%

    • 2015

      81.1%

    • 2014

      85.1%

    • 2013

      78.4%

    • 2012

      74.7%

    • 2011

      78.6%

    • 2010

      63.9%

    • 2009

      60.3%

    • 2008

      80.2%


*Recommended not to combine dollar and other categories.

State Demographics

Variable 2015 2016 2017
Population 6,083,672 6,093,000 6,113,532
Households 2,362,516 2,372,190 2,385,135
  • Variable

    Population

    • 2017

      6,113,532

    • 2016

      6,093,000

    • 2015

      6,083,672

    • 2014

      6,063,827

    • 2013

      6,043,708

    • 2012

      6,025,281

    • 2011

      6,010,544

    • 2010

      5,996,085

    • 2009

      5,961,088

    • 2008

      5,923,916


  • Variable

    Households

    • 2017

      2,385,135

    • 2016

      2,372,190

    • 2015

      2,362,516

    • 2014

      2,354,809

    • 2013

      2,362,853

    • 2012

      2,359,135

    • 2011

      2,341,074

    • 2010

      2,350,628

    • 2009

      2,339,684

    • 2008

      2,330,040


*Recommended not to combine dollar and other categories.

Budget & Revenue

Variable 2015 2016 2017
State General Fund Expenditures (thousands) $8,773,000 $9,018,000 $9,153,000
State Total Expenditures (thousands) $24,122,000 $24,628,000 $25,549,120
State Total General Fund Revenues (thousands) $8,709,000 $8,787,000 $9,016,000
  • Variable

    State General Fund Expenditures (thousands)

    • 2017

      $9,153,000

    • 2016

      $9,018,000

    • 2015

      $8,773,000

    • 2014

      $8,349,000

    • 2013

      $8,022,000

    • 2012

      $7,938,000

    • 2011

      $7,630,000

    • 2010

      $7,565,000

    • 2009

      $8,402,000

    • 2008

      $8,084,000


  • Variable

    State Total Expenditures (thousands)

    • 2017

      $25,549,120

    • 2016

      $24,628,000

    • 2015

      $24,122,000

    • 2014

      $23,172,000

    • 2013

      $22,942,000

    • 2012

      $23,364,000

    • 2011

      $23,102,000

    • 2010

      $23,390,000

    • 2009

      $24,227,000

    • 2008

      $21,432,000


  • Variable

    State Total General Fund Revenues (thousands)

    • 2017

      $9,016,000

    • 2016

      $8,787,000

    • 2015

      $8,709,000

    • 2014

      $8,003,000

    • 2013

      $8,083,000

    • 2012

      $7,341,000

    • 2011

      $7,110,000

    • 2010

      $6,774,000

    • 2009

      $7,451,000

    • 2008

      $8,004,000


*Recommended not to combine dollar and other categories.

Unfunded Liability Metrics

Variable 2015 2016 2017
Market Pension Debt/Household $30,833 $33,921 $2,144
Market Pension Debt/Capita $11,974 $13,206 $837
Market Pension Debt/State General Fund Expenditures 8.30 8.92 0.56
Market Pension Debt/State Total Expenditures 3.02 3.27 0.20
Market Pension Debt/State Total General Fund Revenues 8.36 9.16 0.57
Actuarial Pension Debt/Household $5,948 $7,789 $221
Actuarial Pension Debt/Capita $2,310 $3,032 $86
Actuarial Pension Debt/State General Fund Expenditures 1.60 2.05 0.06
Actuarial Pension Debt/State Total Expenditures 0.58 0.75 0.02
Actuarial Pension Debt/State Total General Fund Revenues 1.61 2.10 0.06
  • Variable

    Market Pension Debt/Household

    • 2017

      $2,144

    • 2016

      $33,921

    • 2015

      $30,833

    • 2014

      $32,126

    • 2013

      $31,281

    • 2012

      $36,935

    • 2011

      $24,442

    • 2010

      $31,364

    • 2009

      $28,451

    • 2008

      $20,545


  • Variable

    Market Pension Debt/Capita

    • 2017

      $837

    • 2016

      $13,206

    • 2015

      $11,974

    • 2014

      $12,476

    • 2013

      $12,230

    • 2012

      $14,462

    • 2011

      $9,520

    • 2010

      $12,296

    • 2009

      $11,167

    • 2008

      $8,081


  • Variable

    Market Pension Debt/State General Fund Expenditures

    • 2017

      0.56

    • 2016

      8.92

    • 2015

      8.30

    • 2014

      9.06

    • 2013

      9.21

    • 2012

      10.98

    • 2011

      7.50

    • 2010

      9.75

    • 2009

      7.92

    • 2008

      5.92


  • Variable

    Market Pension Debt/State Total Expenditures

    • 2017

      0.20

    • 2016

      3.27

    • 2015

      3.02

    • 2014

      3.26

    • 2013

      3.22

    • 2012

      3.73

    • 2011

      2.48

    • 2010

      3.15

    • 2009

      2.75

    • 2008

      2.23


  • Variable

    Market Pension Debt/State Total General Fund Revenues

    • 2017

      0.57

    • 2016

      9.16

    • 2015

      8.36

    • 2014

      9.45

    • 2013

      9.14

    • 2012

      11.87

    • 2011

      8.05

    • 2010

      10.88

    • 2009

      8.93

    • 2008

      5.98


  • Variable

    Actuarial Pension Debt/Household

    • 2017

      $221

    • 2016

      $7,789

    • 2015

      $5,948

    • 2014

      $4,422

    • 2013

      $6,221

    • 2012

      $7,050

    • 2011

      $5,771

    • 2010

      $10,203

    • 2009

      $10,961

    • 2008

      $5,221


  • Variable

    Actuarial Pension Debt/Capita

    • 2017

      $86

    • 2016

      $3,032

    • 2015

      $2,310

    • 2014

      $1,717

    • 2013

      $2,432

    • 2012

      $2,760

    • 2011

      $2,248

    • 2010

      $4,000

    • 2009

      $4,302

    • 2008

      $2,054


  • Variable

    Actuarial Pension Debt/State General Fund Expenditures

    • 2017

      0.06

    • 2016

      2.05

    • 2015

      1.60

    • 2014

      1.25

    • 2013

      1.83

    • 2012

      2.10

    • 2011

      1.77

    • 2010

      3.17

    • 2009

      3.05

    • 2008

      1.50


  • Variable

    Actuarial Pension Debt/State Total Expenditures

    • 2017

      0.02

    • 2016

      0.75

    • 2015

      0.58

    • 2014

      0.45

    • 2013

      0.64

    • 2012

      0.71

    • 2011

      0.58

    • 2010

      1.03

    • 2009

      1.06

    • 2008

      0.57


  • Variable

    Actuarial Pension Debt/State Total General Fund Revenues

    • 2017

      0.06

    • 2016

      2.10

    • 2015

      1.61

    • 2014

      1.30

    • 2013

      1.82

    • 2012

      2.27

    • 2011

      1.90

    • 2010

      3.54

    • 2009

      3.44

    • 2008

      1.52


*Recommended not to combine dollar and other categories.

Pension Tracker

Stanford Institute for Economic Policy Research
366 Galvez Street
Stanford, CA  94305-6050
Contact