Total Unfunded Liabilities for State & Local Pension Plans, 2001-2023 + 2024 Estimate

Equable Institute analysis of public plan valuation reports and ACFRs published as of June 2024. The trendline shown is based on fair market value of assets for each year; using the “actuarial” value of assets would show a similar trend, though with a smoother curve over the two decades. Read the report.
Chart: EquableSource: Equable InstituteGet the dataCreated with Datawrapper