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.

New Hampshire, 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) $21,543,584 $23,135,328 $25,275,292
Value of Assets (thousands) $8,562,782 $9,140,905 $9,114,416
Market Pension Debt (thousands) $12,980,802 $13,994,423 $16,160,875
Market Discount Rate 3.00% 3.25% 3.25%
Actuarial Liability (thousands) $12,736,115 $14,115,021 $15,420,628
Actuarial Pension Debt (thousands) $4,173,333 $4,974,116 $6,306,211
Assumed Rate of Return 7.25% 7.25% 7.25%
  • Variable

    Market Liability (thousands)

    • 2019

      $25,275,292

    • 2018

      $23,135,328

    • 2017

      $21,543,584

    • 2016

      $22,238,044

    • 2015

      $22,258,234

    • 2014

      $21,555,686

    • 2013

      $20,154,207

    • 2012

      $21,621,920

    • 2011

      $17,047,765

    • 2010

      $17,508,910

    • 2009

      $15,387,930

    • 2008

      $13,766,621


  • Variable

    Value of Assets (thousands)

    • 2019

      $9,114,416

    • 2018

      $9,140,905

    • 2017

      $8,562,782

    • 2016

      $7,147,838

    • 2015

      $7,828,075

    • 2014

      $7,693,673

    • 2013

      $6,648,071

    • 2012

      $5,984,194

    • 2011

      $6,113,882

    • 2010

      $5,115,714

    • 2009

      $4,633,022

    • 2008

      $5,835,579


  • Variable

    Market Pension Debt (thousands)

    • 2019

      $16,160,875

    • 2018

      $13,994,423

    • 2017

      $12,980,802

    • 2016

      $15,090,206

    • 2015

      $14,430,159

    • 2014

      $13,862,013

    • 2013

      $13,506,136

    • 2012

      $15,637,726

    • 2011

      $10,933,883

    • 2010

      $12,393,196

    • 2009

      $10,754,908

    • 2008

      $7,931,042


  • 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

      $15,420,628

    • 2018

      $14,115,021

    • 2017

      $12,736,115

    • 2016

      $13,146,665

    • 2015

      $12,790,083

    • 2014

      $11,466,770

    • 2013

      $11,091,356

    • 2012

      $10,744,507

    • 2011

      $10,382,269

    • 2010

      $9,355,699

    • 2009

      $8,794,856

    • 2008

      $8,136,527


  • Variable

    Actuarial Pension Debt (thousands)

    • 2019

      $6,306,211

    • 2018

      $4,974,116

    • 2017

      $4,173,333

    • 2016

      $5,998,827

    • 2015

      $4,962,008

    • 2014

      $3,773,096

    • 2013

      $4,443,285

    • 2012

      $4,760,313

    • 2011

      $4,268,387

    • 2010

      $4,239,985

    • 2009

      $4,161,834

    • 2008

      $2,300,948


  • Variable

    Assumed Rate of Return

    • 2019

      7.25%

    • 2018

      7.25%

    • 2017

      7.25%

    • 2016

      7.25%

    • 2015

      7.75%

    • 2014

      7.75%

    • 2013

      7.75%

    • 2012

      7.75%

    • 2011

      7.75%

    • 2010

      8.50%

    • 2009

      8.50%

    • 2008

      8.50%


*Recommended not to combine dollar and other categories.

Funded Ratios

Variable 2017 2018 2019
Market Funded Ratio 39.8% 39.5% 36.1%
Actuarial Funded Ratio 67.2% 64.8% 59.1%
  • Variable

    Market Funded Ratio

    • 2019

      36.1%

    • 2018

      39.5%

    • 2017

      39.8%

    • 2016

      32.1%

    • 2015

      35.2%

    • 2014

      35.7%

    • 2013

      33.0%

    • 2012

      27.7%

    • 2011

      35.9%

    • 2010

      29.2%

    • 2009

      30.1%

    • 2008

      42.4%


  • Variable

    Actuarial Funded Ratio

    • 2019

      59.1%

    • 2018

      64.8%

    • 2017

      67.2%

    • 2016

      54.4%

    • 2015

      61.2%

    • 2014

      67.1%

    • 2013

      59.9%

    • 2012

      55.7%

    • 2011

      58.9%

    • 2010

      54.7%

    • 2009

      52.7%

    • 2008

      71.7%


*Recommended not to combine dollar and other categories.

State Demographics

Variable 2017 2018 2019
Population 1,342,795 1,356,458 1,359,711
Households 528,700 528,078 532,037
  • Variable

    Population

    • 2019

      1,359,711

    • 2018

      1,356,458

    • 2017

      1,342,795

    • 2016

      1,334,795

    • 2015

      1,330,608

    • 2014

      1,327,996

    • 2013

      1,322,660

    • 2012

      1,321,297

    • 2011

      1,318,109

    • 2010

      1,316,517

    • 2009

      1,316,102

    • 2008

      1,315,906


  • Variable

    Households

    • 2019

      532,037

    • 2018

      528,078

    • 2017

      528,700

    • 2016

      520,643

    • 2015

      520,778

    • 2014

      519,756

    • 2013

      519,246

    • 2012

      519,137

    • 2011

      516,454

    • 2010

      515,431

    • 2009

      506,342

    • 2008

      505,286


*Recommended not to combine dollar and other categories.

Budget & Revenue

Variable 2017 2018 2019
State General Fund Expenditures (thousands) $1,511,000 $1,504,000 $1,505,000
State Total Expenditures (thousands) $5,993,000 $6,131,000 $6,234,000
State Total General Fund Revenues (thousands) $1,504,000 $1,596,000 $1,621,000
  • Variable

    State General Fund Expenditures (thousands)

    • 2019

      $1,505,000

    • 2018

      $1,504,000

    • 2017

      $1,511,000

    • 2016

      $1,383,000

    • 2015

      $1,259,000

    • 2014

      $1,249,000

    • 2013

      $1,266,000

    • 2012

      $1,280,000

    • 2011

      $1,326,000

    • 2010

      $1,380,000

    • 2009

      $1,438,000

    • 2008

      $1,515,000


  • Variable

    State Total Expenditures (thousands)

    • 2019

      $6,234,000

    • 2018

      $6,131,000

    • 2017

      $5,993,000

    • 2016

      $5,785,000

    • 2015

      $5,446,000

    • 2014

      $5,144,000

    • 2013

      $5,017,000

    • 2012

      $4,976,000

    • 2011

      $5,340,000

    • 2010

      $5,468,000

    • 2009

      $4,976,000

    • 2008

      $4,807,000


  • Variable

    State Total General Fund Revenues (thousands)

    • 2019

      $1,621,000

    • 2018

      $1,596,000

    • 2017

      $1,504,000

    • 2016

      $1,529,000

    • 2015

      $2,261,000

    • 2014

      $2,173,000

    • 2013

      $2,276,000

    • 2012

      $2,190,000

    • 2011

      $2,195,000

    • 2010

      $2,244,000

    • 2009

      $2,218,000

    • 2008

      $2,367,000


*Recommended not to combine dollar and other categories.

Unfunded Liability Metrics

Variable 2017 2018 2019
Market Pension Debt/Household $24,552 $26,501 $30,375
Market Pension Debt/Capita $9,667 $10,317 $11,886
Market Pension Debt/State General Fund Expenditures 8.59 9.30 10.74
Market Pension Debt/State Total Expenditures 2.17 2.28 2.59
Market Pension Debt/State Total General Fund Revenues 8.63 8.77 9.97
Actuarial Pension Debt/Household $7,894 $9,419 $11,853
Actuarial Pension Debt/Capita $3,108 $3,667 $4,638
Actuarial Pension Debt/State General Fund Expenditures 2.76 3.31 4.19
Actuarial Pension Debt/State Total Expenditures 0.70 0.81 1.01
Actuarial Pension Debt/State Total General Fund Revenues 2.77 3.12 3.89
  • Variable

    Market Pension Debt/Household

    • 2019

      $30,375

    • 2018

      $26,501

    • 2017

      $24,552

    • 2016

      $28,984

    • 2015

      $27,709

    • 2014

      $26,670

    • 2013

      $26,011

    • 2012

      $30,123

    • 2011

      $21,171

    • 2010

      $24,044

    • 2009

      $21,240

    • 2008

      $15,696


  • Variable

    Market Pension Debt/Capita

    • 2019

      $11,886

    • 2018

      $10,317

    • 2017

      $9,667

    • 2016

      $11,305

    • 2015

      $10,845

    • 2014

      $10,438

    • 2013

      $10,211

    • 2012

      $11,835

    • 2011

      $8,295

    • 2010

      $9,414

    • 2009

      $8,172

    • 2008

      $6,027


  • Variable

    Market Pension Debt/State General Fund Expenditures

    • 2019

      10.74

    • 2018

      9.30

    • 2017

      8.59

    • 2016

      10.91

    • 2015

      11.46

    • 2014

      11.10

    • 2013

      10.67

    • 2012

      12.22

    • 2011

      8.25

    • 2010

      8.98

    • 2009

      7.48

    • 2008

      5.24


  • Variable

    Market Pension Debt/State Total Expenditures

    • 2019

      2.59

    • 2018

      2.28

    • 2017

      2.17

    • 2016

      2.61

    • 2015

      2.65

    • 2014

      2.69

    • 2013

      2.69

    • 2012

      3.14

    • 2011

      2.05

    • 2010

      2.27

    • 2009

      2.16

    • 2008

      1.65


  • Variable

    Market Pension Debt/State Total General Fund Revenues

    • 2019

      9.97

    • 2018

      8.77

    • 2017

      8.63

    • 2016

      9.87

    • 2015

      6.38

    • 2014

      6.38

    • 2013

      5.93

    • 2012

      7.14

    • 2011

      4.98

    • 2010

      5.52

    • 2009

      4.85

    • 2008

      3.35


  • Variable

    Actuarial Pension Debt/Household

    • 2019

      $11,853

    • 2018

      $9,419

    • 2017

      $7,894

    • 2016

      $11,522

    • 2015

      $9,528

    • 2014

      $7,259

    • 2013

      $8,557

    • 2012

      $9,170

    • 2011

      $8,265

    • 2010

      $8,226

    • 2009

      $8,219

    • 2008

      $4,554


  • Variable

    Actuarial Pension Debt/Capita

    • 2019

      $4,638

    • 2018

      $3,667

    • 2017

      $3,108

    • 2016

      $4,494

    • 2015

      $3,729

    • 2014

      $2,841

    • 2013

      $3,359

    • 2012

      $3,603

    • 2011

      $3,238

    • 2010

      $3,221

    • 2009

      $3,162

    • 2008

      $1,749


  • Variable

    Actuarial Pension Debt/State General Fund Expenditures

    • 2019

      4.19

    • 2018

      3.31

    • 2017

      2.76

    • 2016

      4.34

    • 2015

      3.94

    • 2014

      3.02

    • 2013

      3.51

    • 2012

      3.72

    • 2011

      3.22

    • 2010

      3.07

    • 2009

      2.89

    • 2008

      1.52


  • Variable

    Actuarial Pension Debt/State Total Expenditures

    • 2019

      1.01

    • 2018

      0.81

    • 2017

      0.70

    • 2016

      1.04

    • 2015

      0.91

    • 2014

      0.73

    • 2013

      0.89

    • 2012

      0.96

    • 2011

      0.80

    • 2010

      0.78

    • 2009

      0.84

    • 2008

      0.48


  • Variable

    Actuarial Pension Debt/State Total General Fund Revenues

    • 2019

      3.89

    • 2018

      3.12

    • 2017

      2.77

    • 2016

      3.92

    • 2015

      2.19

    • 2014

      1.74

    • 2013

      1.95

    • 2012

      2.17

    • 2011

      1.94

    • 2010

      1.89

    • 2009

      1.88

    • 2008

      0.97


*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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