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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
FY25 Sen$4,506,772,007$4,506,772,007
FY24$4,097,576,120$4,133,800,000
FY23$4,094,520,944$3,887,733,480
FY22$4,090,560,735$3,728,319,412
FY21$3,662,671,867$3,115,163,858
FY20$3,444,802,283$2,864,298,555
FY19$3,192,148,669$2,612,924,409
FY18$2,985,948,039$2,394,497,926
FY17$2,802,474,972$2,198,092,616
FY16$2,560,991,254$1,972,000,000
FY15$2,343,999,401$1,793,000,000
FY14$2,146,155,684$1,630,000,000
FY13$2,075,251,433$1,552,000,000
FY12$2,009,611,308$1,478,000,000
FY11$2,017,979,576$1,441,811,000
FY10$1,964,957,511$1,376,619,000
FY09$1,892,595,562$1,313,000,000
FY08$2,044,215,336$1,398,600,000
FY07$2,023,909,694$1,335,176,000
FY06$1,982,416,003$1,274,675,000
FY05$1,964,114,390$1,216,936,000
FY04$1,170,592,254$704,125,766
FY03$1,382,339,098$813,548,766
FY02$1,384,165,536$797,064,407
FY01$1,840,645,304$1,041,483,757

comparisons adjusted for inflation (CPI)

  • See Changes in Funding
Between and
Funding for Pensions
100.4%

comparisons adjusted for inflation (CPI)

Adjusted for inflation (CPI) NOT adjusted
FY25 Sen$4,506,772,007$4,506,772,007
FY25 SWM$4,506,772,007$4,506,772,007
FY25 House$4,506,772,007$4,506,772,007
FY25 HWM$4,506,772,007$4,506,772,007
FY25 Gov$4,513,689,257$4,513,689,257
FY24$4,097,576,120$4,133,800,000
FY24 Leg$4,097,576,120$4,133,800,000
FY23 GAA$4,025,115,741$3,821,833,480
FY22 GAA$3,541,980,508$3,228,318,937

funding levels adjusted for inflation (CPI)

  • Active Line Items
  • All Line Items
FY24FY25 GovFY25 HouseFY25 Sen
Pension Reserves Investment Trust (PRIT) Fund$4,097,576,120$4,513,689,257$4,506,772,007$4,506,772,007
FY24FY25 GovFY25 HouseFY25 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) Fund$0$0$0$0
Pension Liability Fund$0$0$0$0
Pension Reserves Investment Trust (PRIT) Fund$4,097,576,120$4,513,689,257$4,506,772,007$4,506,772,007
Excess Capital Gains to Pension Liability Fund$0$0$0$0
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