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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$2,612,924,409$2,612,924,409
FY18$2,453,242,123$2,394,497,926
FY17$2,302,650,771$2,198,092,616
FY16$2,104,128,825$1,972,000,000
FY15$1,925,986,290$1,793,000,000
FY14$1,763,442,439$1,630,000,000
FY13$1,705,099,466$1,552,000,000
FY12$1,651,167,234$1,478,000,000
FY11$1,658,042,897$1,441,811,000
FY10$1,614,478,106$1,376,619,000
FY09$1,555,022,987$1,313,000,000
FY08$1,679,599,119$1,398,600,000
FY07$1,662,915,290$1,335,176,000
FY06$1,628,822,616$1,274,675,000
FY05$1,613,785,368$1,216,936,000
FY04$961,799,711$704,125,766
FY03$1,135,778,355$813,548,766
FY02$1,137,279,020$797,064,407
FY01$1,512,338,831$1,041,483,757
  • See Changes in Funding
Between and
Funding for Pensions
55.6%

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$2,453,242,123$2,394,497,926

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY15FY16FY17FY18FY19
Pension Reserves Investment Trust (PRIT) Statutory Transfer$1,925,986,290$2,104,128,825$2,302,650,771$2,453,242,123$2,612,924,409
FY15FY16FY17FY18FY19
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$1,925,986,290$2,104,128,825$2,302,650,771$2,453,242,123$2,612,924,409