The largest U.S. public pension plans' funding ratios vary widely, based on a recent analysis of fiscal year 2024 public filings and Pensions & Investments' data. The funding status of the largest 10 plans ranged from 71.4% to 98.6%.
New York State Common Retirement Fund, Albany, and New York State Teachers' Retirement System, Albany, were funded at 95.8% and 98.6%, respectively, California Public Employees' Retirement System, Sacramento, and California State Teachers’ Retirement System, West Sacramento, had funding ratios of 71.4% and 75.9%, respectively.