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Annual Survey of Public Pensions: State- and Locally-Administered Defined Benefit Data Summary Report: 2015
Annual Survey of Public Pensions: State- and Locally-Administered Defined Benefit Data Summary Report: 2015
Report Number: G15-ASPP-SL
Introduction
This summary is part of a continuing series designed to provide information on the finances, including that of pension funds, of the United States’ over 90,000 state and local governments. The 2015 Annual Survey of Public Pensions provides data on membership, assets, revenues, and expenditures of state- and locally-administered defined benefit plans.
Highlights
- Government contributions for state- and locally-administered pension systems increased 8.3 percent, from $121.5 billion to $131.7 billion in 2015, driving total contributions up 7.9 percent, from $167.0 billion to $180.2 billion in 2015. See Figure 1.
- Earnings on investments for state- and locally-administered pension systems decreased 68.4 percent, from $534.4 billion to $168.7 billion in 2015. See Figure 2. See Figure 3 for a distribution of total revenue.
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 pensions. Data are shown for individual pension funds and systems as well as at the national, state, and local level. There were 299 state-administered funds and 6,000 locally-administered defined benefit public pension systems, all of which are represented here.
The 2015 survey covered fiscal years that ended between July 1, 2014 and June 30, 2015 and does not reflect data for the entire calendar year of 2015.
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Page Last Revised - October 8, 2021
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