U.S. public defined benefit assets totaled $3.8 trillion as of June 30, 2015, a 3% increase from 2014, said the U.S. Census Bureau’s latest annual survey of public pension funds.
Investments earned $168.7 billion during the fiscal year, compared with $534.4 billion in 2014.
Government contributions rose 8.3% to $131.7 billion in 2015, while employee contributions increased 6.5% during the year to $48.5 billion.
Data from 299 state-administered pension funds and 6,000 locally administered pension funds were analyzed.
The survey is available on the Census Bureau’s website.