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.

Ohio, 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) $362,734,613 $350,483,805 $350,803,153
Value of Assets (thousands) $157,254,285 $160,754,278 $165,854,652
Market Pension Debt (thousands) $205,480,328 $189,729,527 $184,948,501
Market Discount Rate 3.00% 3.25% 3.25%
Actuarial Liability (thousands) $201,859,083 $208,770,289 $212,367,857
Actuarial Pension Debt (thousands) $44,604,798 $48,016,011 $46,513,205
Assumed Rate of Return 7.75% 7.45% 7.31%
  • Variable

    Market Liability (thousands)

    • 2019

      $350,803,153

    • 2018

      $350,483,805

    • 2017

      $362,734,613

    • 2016

      $360,729,542

    • 2015

      $341,884,145

    • 2014

      $360,532,707

    • 2013

      $340,779,818

    • 2012

      $396,220,795

    • 2011

      $311,441,928

    • 2010

      $308,560,175

    • 2009

      $276,975,300

    • 2008

      $256,127,762


  • Variable

    Value of Assets (thousands)

    • 2019

      $165,854,652

    • 2018

      $160,754,278

    • 2017

      $157,254,285

    • 2016

      $145,873,274

    • 2015

      $146,953,726

    • 2014

      $150,903,512

    • 2013

      $142,084,841

    • 2012

      $130,900,585

    • 2011

      $127,401,065

    • 2010

      $124,881,154

    • 2009

      $114,999,763

    • 2008

      $113,754,112


  • Variable

    Market Pension Debt (thousands)

    • 2019

      $184,948,501

    • 2018

      $189,729,527

    • 2017

      $205,480,328

    • 2016

      $214,856,267

    • 2015

      $194,930,419

    • 2014

      $209,629,195

    • 2013

      $198,694,977

    • 2012

      $265,320,210

    • 2011

      $184,040,863

    • 2010

      $183,679,021

    • 2009

      $161,975,538

    • 2008

      $142,373,650


  • 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

      $212,367,857

    • 2018

      $208,770,289

    • 2017

      $201,859,083

    • 2016

      $204,019,824

    • 2015

      $193,313,544

    • 2014

      $188,578,721

    • 2013

      $184,400,283

    • 2012

      $193,596,835

    • 2011

      $186,738,698

    • 2010

      $178,648,847

    • 2009

      $171,527,123

    • 2008

      $164,451,901


  • Variable

    Actuarial Pension Debt (thousands)

    • 2019

      $46,513,205

    • 2018

      $48,016,011

    • 2017

      $44,604,798

    • 2016

      $58,146,550

    • 2015

      $46,359,818

    • 2014

      $37,675,209

    • 2013

      $42,315,442

    • 2012

      $62,696,250

    • 2011

      $59,337,633

    • 2010

      $53,767,693

    • 2009

      $56,527,360

    • 2008

      $50,697,789


  • Variable

    Assumed Rate of Return

    • 2019

      7.31%

    • 2018

      7.45%

    • 2017

      7.75%

    • 2016

      7.62%

    • 2015

      7.88%

    • 2014

      7.88%

    • 2013

      7.88%

    • 2012

      7.88%

    • 2011

      7.87%

    • 2010

      7.88%

    • 2009

      7.88%

    • 2008

      7.86%


*Recommended not to combine dollar and other categories.

Funded Ratios

Variable 2017 2018 2019
Market Funded Ratio 46.8% 46.8% 47.3%
Actuarial Funded Ratio 77.9% 77.0% 78.1%
  • Variable

    Market Funded Ratio

    • 2019

      47.3%

    • 2018

      46.8%

    • 2017

      46.8%

    • 2016

      40.4%

    • 2015

      43.0%

    • 2014

      41.9%

    • 2013

      41.7%

    • 2012

      33.0%

    • 2011

      40.9%

    • 2010

      40.5%

    • 2009

      41.5%

    • 2008

      44.4%


  • Variable

    Actuarial Funded Ratio

    • 2019

      78.1%

    • 2018

      77.0%

    • 2017

      77.9%

    • 2016

      71.5%

    • 2015

      76.0%

    • 2014

      80.0%

    • 2013

      77.1%

    • 2012

      67.6%

    • 2011

      68.2%

    • 2010

      69.9%

    • 2009

      67.0%

    • 2008

      69.2%


*Recommended not to combine dollar and other categories.

State Demographics

Variable 2017 2018 2019
Population 11,658,609 11,689,442 11,689,100
Households 4,667,192 4,654,075 4,676,358
  • Variable

    Population

    • 2019

      11,689,100

    • 2018

      11,689,442

    • 2017

      11,658,609

    • 2016

      11,614,848

    • 2015

      11,621,647

    • 2014

      11,596,998

    • 2013

      11,572,232

    • 2012

      11,550,901

    • 2011

      11,544,757

    • 2010

      11,540,070

    • 2009

      11,528,896

    • 2008

      11,515,391


  • Variable

    Households

    • 2019

      4,676,358

    • 2018

      4,654,075

    • 2017

      4,667,192

    • 2016

      4,612,550

    • 2015

      4,602,935

    • 2014

      4,593,172

    • 2013

      4,564,745

    • 2012

      4,554,672

    • 2011

      4,538,555

    • 2010

      4,525,066

    • 2009

      4,526,404

    • 2008

      4,508,871


*Recommended not to combine dollar and other categories.

Budget & Revenue

Variable 2017 2018 2019
State General Fund Expenditures (thousands) $34,501,900 $31,727,224 $32,677,579
State Total Expenditures (thousands) $68,273,300 $69,682,933 $71,002,885
State Total General Fund Revenues (thousands) $34,178,000 $32,471,267 $33,767,573
  • Variable

    State General Fund Expenditures (thousands)

    • 2019

      $32,677,579

    • 2018

      $31,727,224

    • 2017

      $34,501,900

    • 2016

      $33,591,000

    • 2015

      $30,831,000

    • 2014

      $28,902,000

    • 2013

      $27,439,000

    • 2012

      $26,395,000

    • 2011

      $31,653,000

    • 2010

      $25,401,000

    • 2009

      $28,160,000

    • 2008

      $25,722,000


  • Variable

    State Total Expenditures (thousands)

    • 2019

      $71,002,885

    • 2018

      $69,682,933

    • 2017

      $68,273,300

    • 2016

      $67,450,000

    • 2015

      $65,096,000

    • 2014

      $61,222,000

    • 2013

      $58,268,000

    • 2012

      $57,922,000

    • 2011

      $60,315,000

    • 2010

      $57,630,000

    • 2009

      $57,793,000

    • 2008

      $56,763,000


  • Variable

    State Total General Fund Revenues (thousands)

    • 2019

      $33,767,573

    • 2018

      $32,471,267

    • 2017

      $34,178,000

    • 2016

      $33,931,000

    • 2015

      $31,473,000

    • 2014

      $29,233,000

    • 2013

      $29,559,000

    • 2012

      $27,186,000

    • 2011

      $27,763,000

    • 2010

      $24,950,000

    • 2009

      $26,685,000

    • 2008

      $26,659,000


*Recommended not to combine dollar and other categories.

Unfunded Liability Metrics

Variable 2017 2018 2019
Market Pension Debt/Household $44,027 $40,766 $39,550
Market Pension Debt/Capita $17,625 $16,231 $15,822
Market Pension Debt/State General Fund Expenditures 5.96 5.98 5.66
Market Pension Debt/State Total Expenditures 3.01 2.72 2.60
Market Pension Debt/State Total General Fund Revenues 6.01 5.84 5.48
Actuarial Pension Debt/Household $9,557 $10,317 $9,946
Actuarial Pension Debt/Capita $3,826 $4,108 $3,979
Actuarial Pension Debt/State General Fund Expenditures 1.29 1.51 1.42
Actuarial Pension Debt/State Total Expenditures 0.65 0.69 0.66
Actuarial Pension Debt/State Total General Fund Revenues 1.31 1.48 1.38
  • Variable

    Market Pension Debt/Household

    • 2019

      $39,550

    • 2018

      $40,766

    • 2017

      $44,027

    • 2016

      $46,581

    • 2015

      $42,349

    • 2014

      $45,639

    • 2013

      $43,528

    • 2012

      $58,252

    • 2011

      $40,551

    • 2010

      $40,591

    • 2009

      $35,785

    • 2008

      $31,576


  • Variable

    Market Pension Debt/Capita

    • 2019

      $15,822

    • 2018

      $16,231

    • 2017

      $17,625

    • 2016

      $18,498

    • 2015

      $16,773

    • 2014

      $18,076

    • 2013

      $17,170

    • 2012

      $22,970

    • 2011

      $15,942

    • 2010

      $15,917

    • 2009

      $14,050

    • 2008

      $12,364


  • Variable

    Market Pension Debt/State General Fund Expenditures

    • 2019

      5.66

    • 2018

      5.98

    • 2017

      5.96

    • 2016

      6.40

    • 2015

      6.32

    • 2014

      7.25

    • 2013

      7.24

    • 2012

      10.05

    • 2011

      5.81

    • 2010

      7.23

    • 2009

      5.75

    • 2008

      5.54


  • Variable

    Market Pension Debt/State Total Expenditures

    • 2019

      2.60

    • 2018

      2.72

    • 2017

      3.01

    • 2016

      3.19

    • 2015

      2.99

    • 2014

      3.42

    • 2013

      3.41

    • 2012

      4.58

    • 2011

      3.05

    • 2010

      3.19

    • 2009

      2.80

    • 2008

      2.51


  • Variable

    Market Pension Debt/State Total General Fund Revenues

    • 2019

      5.48

    • 2018

      5.84

    • 2017

      6.01

    • 2016

      6.33

    • 2015

      6.19

    • 2014

      7.17

    • 2013

      6.72

    • 2012

      9.76

    • 2011

      6.63

    • 2010

      7.36

    • 2009

      6.07

    • 2008

      5.34


  • Variable

    Actuarial Pension Debt/Household

    • 2019

      $9,946

    • 2018

      $10,317

    • 2017

      $9,557

    • 2016

      $12,606

    • 2015

      $10,072

    • 2014

      $8,202

    • 2013

      $9,270

    • 2012

      $13,765

    • 2011

      $13,074

    • 2010

      $11,882

    • 2009

      $12,488

    • 2008

      $11,244


  • Variable

    Actuarial Pension Debt/Capita

    • 2019

      $3,979

    • 2018

      $4,108

    • 2017

      $3,826

    • 2016

      $5,006

    • 2015

      $3,989

    • 2014

      $3,249

    • 2013

      $3,657

    • 2012

      $5,428

    • 2011

      $5,140

    • 2010

      $4,659

    • 2009

      $4,903

    • 2008

      $4,403


  • Variable

    Actuarial Pension Debt/State General Fund Expenditures

    • 2019

      1.42

    • 2018

      1.51

    • 2017

      1.29

    • 2016

      1.73

    • 2015

      1.50

    • 2014

      1.30

    • 2013

      1.54

    • 2012

      2.38

    • 2011

      1.87

    • 2010

      2.12

    • 2009

      2.01

    • 2008

      1.97


  • Variable

    Actuarial Pension Debt/State Total Expenditures

    • 2019

      0.66

    • 2018

      0.69

    • 2017

      0.65

    • 2016

      0.86

    • 2015

      0.71

    • 2014

      0.62

    • 2013

      0.73

    • 2012

      1.08

    • 2011

      0.98

    • 2010

      0.93

    • 2009

      0.98

    • 2008

      0.89


  • Variable

    Actuarial Pension Debt/State Total General Fund Revenues

    • 2019

      1.38

    • 2018

      1.48

    • 2017

      1.31

    • 2016

      1.71

    • 2015

      1.47

    • 2014

      1.29

    • 2013

      1.43

    • 2012

      2.31

    • 2011

      2.14

    • 2010

      2.16

    • 2009

      2.12

    • 2008

      1.90


*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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