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.

 

 
 
Public Fund Scorecard
An Executive Summary of the Public Fund Survey as of 10/10/2008
Survey Statistical Summary
Systems in the Public Fund Survey:
101
Combined Market Value of System Assets (trillion):
$2.79
Active Member Participants:
13,168,736
Annuitants:
6,452,731
Median Fiscal Year-End Date:
6/30/07
Actuarial Funding
Aggregate for the 125 Plans in the Survey
Actuarial
Funding
Ratio
Actuarial
Assets
(000's)
Actuarial
Liabilities
(000's)
Unfunded
Liability
(Surplus)
(000's)
86.1%
$2,438,978,057
$2,833,767,660
$394,789,603
Actuarial Assumptions
Median for the 125 Plans in the Survey
Investment
Return
Assumption
Inflation
Assumption
Assumed
Real Rate
of Return
Actuarial
Valuation
Date
8.0%
3.50%
4.50%
06/30/07
Asset Allocation
EQ =
Equities
DF =
Domestic Fixed Income
IF =
International Fixed Income
RE =
Real Estate
AL =
Alternatives
Average for the 97 Systems for which data is available
EQ
DF
IF
RE
AL
Cash
Other
59.6%
25.9%
0.7%
5.4%
5.3%
1.7%
1.3%

Download PDF of Findings:
*Summary of Survey Findings FY 06
*Summary of Survey Findings FY 05
*Summary of Survey Findings FY 04
*Summary of Survey Findings FY 03
© 2007 Public Fund Survey