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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
FY22$3,478,318,937$3,478,318,937
FY21$3,162,778,983$3,115,163,858
FY20$2,943,814,034$2,864,298,555
FY19$2,727,964,416$2,612,924,409
FY18$2,551,789,981$2,394,497,926
FY17$2,395,024,000$2,198,092,616
FY16$2,188,632,729$1,972,000,000
FY15$2,003,128,457$1,793,000,000
FY14$1,834,055,726$1,630,000,000
FY13$1,773,462,569$1,552,000,000
FY12$1,717,368,015$1,478,000,000
FY11$1,724,519,346$1,441,811,000
FY10$1,679,207,898$1,376,619,000
FY09$1,617,369,026$1,313,000,000
FY08$1,746,939,828$1,398,600,000
FY07$1,729,587,090$1,335,176,000
FY06$1,694,127,527$1,274,675,000
FY05$1,678,487,386$1,216,936,000
FY04$1,000,361,457$704,125,766
FY03$1,181,315,483$813,548,766
FY02$1,182,876,315$797,064,407
FY01$1,572,973,520$1,041,483,757

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Pensions
99.1%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY22 GAA$3,478,318,937$3,478,318,937
FY22 Leg$3,728,318,937$3,728,318,937
FY22 Sen$3,423,378,366$3,423,378,366
FY22 SWM$3,423,378,366$3,423,378,366
FY22 Hou$3,422,558,841$3,422,558,841
FY22 HWM$3,422,558,841$3,422,558,841
FY22 Gov$3,422,558,841$3,422,558,841
FY21$3,162,778,983$3,115,163,858

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY18FY19FY20FY21FY22
Pension Reserves Investment Trust (PRIT) Statutory Transfer$2,551,789,981$2,727,964,416$2,943,814,034$3,162,778,983$3,478,318,937
FY18FY19FY20FY21FY22
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$2,551,789,981$2,727,964,416$2,943,814,034$3,162,778,983$3,478,318,937
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