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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
FY27 GAA$5,165,334,640$5,165,334,640
FY27 Sen$5,165,334,640$5,165,334,640
FY27 SWM$5,165,334,640$5,165,334,640
FY27 House$5,168,918,640$5,168,918,640
FY27 HWM$5,130,518,640$5,130,518,640
FY27 Gov$5,130,518,640$5,130,518,640
FY26$5,046,043,702$4,933,200,000
FY25$4,820,173,337$4,506,772,007
FY24$4,538,173,492$4,133,800,000
FY23$4,409,217,329$3,887,733,480
FY22$4,492,750,658$3,728,319,412
FY21$4,023,216,256$3,115,163,858
FY20$3,783,671,059$2,864,298,555
FY19$3,506,320,680$2,612,924,409
FY18$3,279,592,152$2,394,497,926
FY17$3,078,278,191$2,198,092,616
FY16$2,813,029,056$1,972,000,000
FY15$2,574,682,132$1,793,000,000
FY14$2,357,367,792$1,630,000,000
FY13$2,279,485,558$1,552,000,000
FY12$2,207,385,516$1,478,000,000
FY11$2,216,577,340$1,441,811,000
FY10$2,158,337,153$1,376,619,000
FY09$2,078,853,764$1,313,000,000
FY08$2,245,395,070$1,398,600,000
FY07$2,223,091,066$1,335,176,000
FY06$2,177,513,808$1,274,675,000

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Pensions
124.7%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY27 GAA$5,165,334,640$5,165,334,640
FY27 Sen$5,165,334,640$5,165,334,640
FY27 SWM$5,165,334,640$5,165,334,640
FY27 House$5,168,918,640$5,168,918,640
FY27 HWM$5,130,518,640$5,130,518,640
FY27 Gov$5,130,518,640$5,130,518,640
FY26$5,046,043,702$4,933,200,000

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY26FY27 GovFY27 HouseFY27 SenFY27 GAA
T10-0550Pension Reserves Investment Trust (PRIT) Fund$5,046,043,702$5,130,518,640$5,168,918,640$5,165,334,640$5,165,334,640
FY26FY27 GovFY27 HouseFY27 SenFY27 GAA
0612-1010Optional Retirement Program$0$0$0$0$0
0612-1508Pension Liability Reserve$0$0$0$0$0
0612-2000Miscellaneous Retirement Benefits$0$0$0$0$0
1595-1010Pension Reserves Investment Trust (PRIT) Fund$0$0$0$0$0
1595-4514Pension Liability Fund$0$0$0$0$0
T10-0550Pension Reserves Investment Trust (PRIT) Fund$5,046,043,702$5,130,518,640$5,168,918,640$5,165,334,640$5,165,334,640
T2023-02Excess Capital Gains to Pension Liability Fund$0$0$0$0$0
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