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Index

Public Pension Funding Index

21 March 2023 - By Richard L. Gordon, Rebecca A. Sielman

After January market rebound and February decline, plans see a net $53 billion improvement in funded status since December 31, 2022.

17 January 2023 - By Richard L. Gordon, Rebecca A. Sielman

Public pensions funded ratio falls to 72.8% at the end of December, overall poor market performance causes $117 billion drop in funded status.

14 December 2022 - By Richard L. Gordon, Rebecca A. Sielman

October and November markets spark rebound in funded status with $135 billion and $177 billion increases, respectively.

21 October 2022 - By Richard L. Gordon, Rebecca A. Sielman

September markets decrease public pension funded ratio from 75.0% to 69.3%, and continued slump in September markets causes $341 billion drop in funded status.

22 September 2022 - By Richard L. Gordon, Rebecca A. Sielman

August markets cause decline in public pension funded ratio; down to 75.0% as of August 31, 2022.

23 August 2022 - By Richard L. Gordon, Rebecca A. Sielman

Public pensions funded ratio recovers much of June’s losses; up to 77.3% as of July 31, 2022

28 July 2022 - By Richard L. Gordon, Rebecca A. Sielman

The public pensions funded ratio fell to 74.0% as of June 30, 2022 alongside a slump in June market causing a $262 billion drop in funded status.

29 June 2022 - By Richard L. Gordon, Rebecca A. Sielman

Public pensions funded ratio stays steady at 78.4% in May 2022

20 June 2022 - By Richard L. Gordon, Rebecca A. Sielman

Public plans shed a further $243 billion following $167 billion funded status drop in Q1 2022

20 May 2022 - By Rebecca A. Sielman, Richard L. Gordon

Rocky markets cause $167 billion drop in funded status in the first quarter of 2022, leading to the public pensions’ funded ratio falling to 82.7%.

21 January 2022 - By Rebecca A. Sielman

Public pensions’ funded ratio rises to 85.5% in Q4, continuing its climb from lows in Q1 2020, with plans at their highest funding levels since 2016.

21 July 2021 - By Rebecca A. Sielman

Funded status soars to 82.6%, up from 79%, buoyed by strong market returns, with deficit falling below $1 trillion for the first time for this Milliman index.

19 April 2021 - By Rebecca A. Sielman

Public pensions funded ratio rises to new high of 79.0% in the first quarter, up from 78.6% three months earlier, fueled by strong and steady market rebound since March 2020.

21 January 2021 - By Rebecca A. Sielman

The estimated funded status of the 100 largest U.S. public pension plans grew from 72.6% at the end of September 2020 to 78.6% at the end of December 2020 as measured by the Milliman 100 Public Pension Funding Index.

17 December 2020 - By Rebecca A. Sielman

Quarter 3 investment gains propelled the estimated funded status of the 100 largest U.S. public pension funds from 70.7% at the end of June 2020 to 72.6% at the end of September 2020 as measured by the Milliman 100 Public Pension Funding Index.

10 July 2020 - By Rebecca A. Sielman

The estimated funded status of the 100 largest U.S. public pension plans as measured by the Milliman 100 Public Pension Funding Index rebounded from 66.0% at the end of March 2020 to 71.2% at the end of June 2020.

11 June 2020 - By Rebecca A. Sielman

The estimated funding status of the 100 largest U.S. public pensions as measured by the Milliman 100 Public Pension Funding Index improved to 71.3%, up from 69.8% at the end of April 2020, and a significant recovery from 66.0% at the end of March 2020.

02 March 2020 - By Rebecca A. Sielman

The estimated funded status of the 100 largest U.S. public pension plans grew from 72.7% at the end of September 2019 to 74.9% at the end of December 2019 as measured by the Milliman 100 Public Pension Funding Index.

29 July 2019 - By Rebecca A. Sielman

The estimated funded status of the 100 largest U.S. public pension plans grew from 71.0% at the end of March 2019 to 72.2% at the end of June 2019 as measured by the Milliman 100 Public Pension Funding Index.

28 May 2019 - By Rebecca A. Sielman

The estimated funded status of the 100 largest U.S. public pension plans jumped from 67.2% at the end of December 2018 to 71% at the end of March 2019 as measured by the Milliman 100 Public Pension Funding Index.

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