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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
FY18 GAA$2,394,497,926$2,394,497,926
FY17$2,247,307,741$2,198,092,616
FY16$2,053,610,840$1,972,000,000
FY15$1,879,738,807$1,793,000,000
FY14$1,721,100,744$1,630,000,000
FY13$1,664,215,067$1,552,000,000
FY12$1,611,545,362$1,478,000,000
FY11$1,618,256,035$1,441,811,000
FY10$1,575,736,637$1,376,619,000
FY09$1,517,708,220$1,313,000,000
FY08$1,639,294,987$1,398,600,000
FY07$1,623,011,509$1,335,176,000
FY06$1,589,736,932$1,274,675,000
FY05$1,575,060,522$1,216,936,000
FY04$938,720,095$704,125,766
FY03$1,108,523,899$813,548,766
FY02$1,109,988,554$797,064,407
FY01$1,476,048,324$1,041,483,757
  • See Changes in Funding
Between and
Funding for Pensions
37.1%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY18 GAA$2,394,497,926$2,394,497,926
FY18 Leg$2,394,497,926$2,394,497,926
FY18 Sen$2,394,497,926$2,394,497,926
FY18 SWM$2,394,497,926$2,394,497,926
FY18 Hou$2,394,497,926$2,394,497,926
FY18 HWM$2,394,497,926$2,394,497,926
FY18 Gov$2,394,497,926$2,394,497,926
FY17$2,247,307,741$2,198,092,616

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY17FY18 GovFY18 HouFY18 SenFY18 GAA
Pension Reserves Investment Trust (PRIT) Statutory Transfer$2,247,307,741$2,394,497,926$2,394,497,926$2,394,497,926$2,394,497,926
FY17FY18 GovFY18 HouFY18 SenFY18 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$2,247,307,741$2,394,497,926$2,394,497,926$2,394,497,926$2,394,497,926