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Inflation Adjustment
  • CPI: adjusts for changes in the cost of goods and services purchased by consumers
  • IPD: adjusts for changes in the cost of goods and services purchased by governments
  • Economic Growth: adjusts for changes in the size of the state economy (measured in terms of total personal income)
  • None: does not capture changes in the value of a dollar over time.

Pensions

funding levels adjusted for inflation (CPI)

  • Funding History
Adjusted for inflation (CPI) NOT adjusted
FY19 GAA$2,612,924,409$2,612,924,409
FY18$2,448,948,729$2,394,497,926
FY17$2,297,063,602$2,198,092,616
FY16$2,099,078,211$1,972,000,000
FY15$1,921,356,615$1,793,000,000
FY14$1,759,206,272$1,630,000,000
FY13$1,701,061,135$1,552,000,000
FY12$1,647,225,312$1,478,000,000
FY11$1,654,084,560$1,441,811,000
FY10$1,610,623,774$1,376,619,000
FY09$1,551,310,596$1,313,000,000
FY08$1,675,589,319$1,398,600,000
FY07$1,658,945,321$1,335,176,000
FY06$1,624,934,039$1,274,675,000
FY05$1,609,932,690$1,216,936,000
FY04$959,503,554$704,125,766
FY03$1,133,066,849$813,548,766
FY02$1,134,563,931$797,064,407
FY01$1,508,728,341$1,041,483,757
  • See Changes in Funding
Between and
Funding for Pensions
46.2%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY19 GAA$2,612,924,409$2,612,924,409
FY19 Leg$2,612,924,409$2,612,924,409
FY19 Sen$2,612,924,409$2,612,924,409
FY19 SWM$2,612,924,409$2,612,924,409
FY19 Hou$2,612,924,409$2,612,924,409
FY19 HWM$2,612,924,409$2,612,924,409
FY19 Gov$2,612,900,000$2,612,900,000
FY18$2,448,948,729$2,394,497,926

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY18FY19 GovFY19 HouFY19 SenFY19 GAA
Pension Reserves Investment Trust (PRIT) Statutory Transfer$2,448,948,729$2,612,900,000$2,612,924,409$2,612,924,409$2,612,924,409
FY18FY19 GovFY19 HouFY19 SenFY19 GAA
Optional Retirement Program$0$0$0$0$0
Pension Liability Reserve$0$0$0$0$0
Miscellaneous Retirement Benefits$0$0$0$0$0
Pension Reserves Investment Trust (PRIT) Statutory Transfer$2,448,948,729$2,612,900,000$2,612,924,409$2,612,924,409$2,612,924,409