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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
FY23 Sen$3,787,733,480$3,787,733,480
FY22$3,628,798,530$3,478,318,937
FY21$3,477,694,274$3,115,163,858
FY20$3,270,827,858$2,864,298,555
FY19$3,030,934,125$2,612,924,409
FY18$2,835,147,340$2,394,497,926
FY17$2,660,940,297$2,198,092,616
FY16$2,431,652,341$1,972,000,000
FY15$2,225,619,327$1,793,000,000
FY14$2,037,767,402$1,630,000,000
FY13$1,970,444,061$1,552,000,000
FY12$1,908,118,989$1,478,000,000
FY11$1,916,064,631$1,441,811,000
FY10$1,865,720,363$1,376,619,000
FY09$1,797,012,943$1,313,000,000
FY08$1,940,975,394$1,398,600,000
FY07$1,921,695,257$1,335,176,000
FY06$1,882,297,141$1,274,675,000
FY05$1,864,919,823$1,216,936,000
FY04$1,111,473,299$704,125,766
FY03$1,312,526,194$813,548,766
FY02$1,314,260,391$797,064,407
FY01$1,747,686,353$1,041,483,757

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Pensions
87.0%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY23 Sen$3,787,733,480$3,787,733,480
FY23 SWM$3,787,733,480$3,787,733,480
FY23 Hou$3,787,733,480$3,787,733,480
FY23 HWM$3,787,733,480$3,787,733,480
FY23 Gov$4,037,733,480$4,037,733,480
FY22$3,628,798,530$3,478,318,937
FY22 GAA$3,367,982,990$3,228,318,937

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY22FY23 GovFY23 HouFY23 Sen
Pension Reserves Investment Trust (PRIT) Statutory Transfer$3,628,798,530$4,037,733,480$3,787,733,480$3,787,733,480
FY22FY23 GovFY23 HouFY23 Sen
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$3,628,798,530$4,037,733,480$3,787,733,480$3,787,733,480
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