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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
FY21 Gov$3,127,668,783$3,127,668,783
FY20$2,933,815,735$2,864,298,555
FY19$2,732,609,865$2,612,924,409
FY18$2,556,073,991$2,394,497,926
FY17$2,399,139,760$2,198,092,616
FY16$2,192,254,076$1,972,000,000
FY15$2,006,685,391$1,793,000,000
FY14$1,837,201,426$1,630,000,000
FY13$1,776,504,343$1,552,000,000
FY12$1,720,313,577$1,478,000,000
FY11$1,727,477,174$1,441,811,000
FY10$1,682,088,010$1,376,619,000
FY09$1,620,143,074$1,313,000,000
FY08$1,749,936,111$1,398,600,000
FY07$1,732,553,610$1,335,176,000
FY06$1,697,033,229$1,274,675,000
FY05$1,681,366,262$1,216,936,000
FY04$1,002,077,238$704,125,766
FY03$1,183,341,629$813,548,766
FY02$1,184,905,138$797,064,407
FY01$1,575,671,422$1,041,483,757
  • See Changes in Funding
Between and
Funding for Pensions
67.7%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY21 Gov$3,127,668,783$3,127,668,783
FY20$2,933,815,735$2,864,298,555

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY18FY19FY20FY21 Gov
Pension Reserves Investment Trust (PRIT) Statutory Transfer$2,556,073,991$2,732,609,865$2,933,815,735$3,127,668,783
FY18FY19FY20FY21 Gov
Optional Retirement Program$0$0$0$0
Pension Liability Reserve$0$0$0$0
Miscellaneous Retirement Benefits$0$0$0$0
Pension Reserves Investment Trust (PRIT) Statutory Transfer$2,556,073,991$2,732,609,865$2,933,815,735$3,127,668,783