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The
Public Fund Survey is intended to promote sound public retirement
system policies and administration by increasing transparency
and understanding of the public retirement system community.
More than 85 percent of all state and local government pension
assets and members in the U.S. are represented in the Public
Fund Survey. Survey data is taken primarily from retirement system
annual financial reports, and also comes from actuarial valuations,
benefits guides, and interviews with retirement system staff
members. |
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Public
Fund Scorecard
An Executive Summary of the Public
Fund Survey as of 5/19/2013 |
Survey Statistical Summary
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Systems in the
Public Fund Survey:
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99
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Combined Market Value of
System Assets (trillion):
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$2.60
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Active Member Participants:
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13,090,577
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Annuitants:
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7,632,052
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Median Fiscal Year-End Date:
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06/30/11
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Actuarial Funding
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Aggregate for the 126 Plans
in the Survey
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Actuarial
Funding
Ratio |
Actuarial
Assets
(000's) |
Actuarial
Liabilities
(000's) |
Unfunded
Liability
(Surplus)
(000's) |
75.2% |
$2,665,355,306 |
$3,542,240,455 |
$876,885,149 |
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Actuarial Assumptions
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Median for the 126 Plans in the Survey
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Investment
Return
Assumption
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Inflation
Assumption
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Assumed
Real Rate
of Return
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Actuarial
Valuation
Date
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8.0%
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3.50%
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4.50%
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12/31/10
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Asset Allocation |
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Average for the 99 Systems for which data is available |
EQ |
FX |
RE |
AL |
Abs/Real Return |
Cash |
Other |
51.0% |
25.3% |
6.5% |
13.8% |
0.4% |
2.3% |
0.8% |
EQ=Equities |
FX=Fixed Income |
AL=Alternatives |
RE=Real Estate |
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Summary of Findings for FY 10 (without appendices)
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