The Milliman Public Pension Funding Study annually explores the funded status of the 100 largest U.S. public pension plans. The 100 plans in this study reported assets totaling $3.24 trillion on a market basis, up from $3.06 trillion in the 2015 study. Funded ratios dropped by a few points in the 2016 study relative to the 2015 study, largely reflecting the downturn in the equity market in 2014 and 2015. The decline in the median discount rate from 2013 to 2016 provides a clear illustration of what many investment experts are referring to as the current “low return environment.”
Share this page
2016 Public Pension Funding Study
This study explores the funded status of the 100 largest U.S. public pension funds.
These Cookies are used by us or third-party service providers to analyze how the Sites are used and how they are performing. We use the following service providers and you can learn more about their privacy policies and how to opt-out of their cookies by clicking on these links:
These Cookies are necessary for you to access and navigate our sites.
We use ‘social buttons’ to enable our users to share or bookmark web pages. These are buttons for third party social media sites. We use the following service providers and you can learn more about their privacy policies and how to opt-out of their cookies by clicking on these links: