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Annual Survey of Public Pensions: State- and Locally-Administered Defined Benefit Data Summary Report: 2014
Annual Survey of Public Pensions: State- and Locally-Administered Defined Benefit Data Summary Report: 2014
Report Number: G14-ASPP-SL
INTRODUCTION
This report is part of a continuing series designed to provide information on the finances, including that of the pension funds, of the United States’ nearly 90,000 state and local governments. The 2014 Annual Survey of Public Pensions provides data on membership, assets, revenues, and expenditures of state- and locally-administered defined benefit pension plans.
Highlights
- Government contributions increased 11.1 percent, from $108.9 billion in 2013 to $121.1 billion in 2014, driving total contributions up 8.4 percent, from $153.7 billion in 2013 to $166.6 billion in 2014. See Figure 1.
- Earnings on investments for state- and locally-administered pension systems increased 40.6 percent, from $382.2 billion in 2013 to $537.5 billion in 2014. See Figure 2.
The Survey of Public Pensions: State- and Locally-Administered Defined Benefit Data provides revenues, expenditures, financial assets, and membership information for the defined benefit public pension systems. Data are shown for individual pension systems as well as at the national, state, and local level. There were 230 state-administered and 3,742locally-administered defined benefit public pension systems, all of which are represented here.
The 2014 survey covered fiscal years that ended between July 1, 2013 and June 30, 2014 and does not reflect data for the entire calendar year of 2014.
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Page Last Revised - October 8, 2021
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