The Annual Survey of Public Pensions: State-Administered Defined Benefit Data provides revenues, expenditures, financial assets, membership, and liabilities information for defined benefit public pension systems. Data are shown by state, for the state-administered systems. There are 227 state-administered defined benefit public pension systems, all of which are represented here.
Only the State data from the State & Local data product are comparable with the State data product.
Changes in Asset Classification Effective 2012
Effective with the 2012 survey cycle, the Annual Survey of Public Pensions: State-Administered Defined Benefit Data revised the survey form to implement changes in asset classification. These changes apply to the categories designated as corporate stocks,corporate bonds, federal government securities, and other securities. Federally-sponsored agency securities are classified under federal government securities instead of corporate bonds. Private equity, venture capital, and leveraged buy-outs are classified under corporate stocks instead of other securities. Due to these changes in asset classification, there are shifts in the distribution of assets from corporate bonds to federal government securities and from other securities to corporate stocks. However, since investment decisions guide the distribution of assets, we cannot calculate the exact impact that the changes in classification had on the asset distribution for 2012. As such, for the above mentioned asset categories, any data comparisons between 2012 and prior to 2012 should be exercised with caution.
Summary Report [PDF, 757KB] REVISED
The Public Pensions: State-Administered Defined Benefit Data Summary Report: 2012 was revised on August 6 to reflect corrections to Figure 4.
|1||National Summary of State Retirement Systems|
|2||Revenues by State|
|3||Expenditures by State|
|4||Cash and Investments by State|
|5||Membership by State|
|6||Actuarial Data by State|