2026 estimated pension funded ratios by state:
21 Resilient (90%+)
28 Fragile (60–90%)
2 Distressed (60% or less): NJ 57.4%, IL 57.1%
See your state: equable.org/report/state-of-…
#PublicPensions
Public pensions are on track for an 11.4% average return in fiscal 2026, up from 9.37% projected in July. It's the 4th straight year returns beat the average assumed rate.
Full update: equable.org/report/state-of-…
#PublicPensions
The national average funded ratio for state and local pension plans is now estimated at 86.0% for 2026, up from 85.0% in July.
Full trend from 2001 to 2026: equable.org/report/state-of-…
#PublicPensions
October update to State of Pensions 2026, vs. July:
Funded ratio: 85.0% → 86.0%
Unfunded liabilities: $1.13T → $1.06T
Avg. return: 9.37% → 11.39%
Full update: equable.org/report/state-of-…
#PublicPensions
At the PIE Network Summit in Chicago this week? Equable is a sponsor. Find our Executive Director, Anthony Randazzo, and talk public retirement systems that work for educators and schools.
#PIENetwork #RetirementSecurity
The assumed rate of return just fell to 6.88% — the lowest level ever recorded. Even that may still be too optimistic.
Full data: equable.org/data/assumed-rat… #PublicPensions #RetirementSecurity
Most public workers never get a real explanation of how their pension is calculated.
Equable Institute has free resources to fix that: guides, a benefit calculator, and COLA explainers. equable.org/resource/public-…
#PublicPensions #FinancialLiteracy
Not every pension is protected from inflation. COLA rules vary by state and by plan — some automatic, some ad hoc, some nonexistent. Read more: equable.org/resource/public-…
#PublicPensions #COLA #PensionPolicy
A quick guide to picking the right public pension dataset for your research: equable.org/resource/public-…
The California Retirement Scorecard for AB 1383 is now interactive.
AB 1383 passed out of the Senate Appropriations Committee last week and is expected to come to a final vote this month. See how it impacts workers:
equable.org/news/updated-cal…
#PublicPensions #CalPERS
Public pensions now hold an estimated $500–600B in A.I.-related companies, about 8-10% of assets.
Investments are just one of four areas where A.I. will impact pensions. Read more:
equable.org/resource/the-man…
#PublicPensions
Public pensions are in the best shape in years. Whether it holds comes down to 4 things: market returns, contribution discipline, valuation risk, and assumed returns.
Read State of Pensions 2026 → equable.org/report/state-of-…
#PublicPensions #RetirementSecurity
We predicted 2025 would land at 82.5% funded with $1.27T unfunded and 9.5% returns.
Actual: 81.2% funded, $1.37T unfunded, 10.4% returns. Here's why → equable.org/report/state-of-…
#PublicPensions #PensionResearch
Best-funded statewide plan: Washington Law Officers, 143.4%.
Worst: California Judges, a pay-as-you-go plan, 3.1%.
31% of plans are Resilient, 59% Fragile, 10% Distressed → equable.org/report/state-of-…
#PublicPensions #FundedRatio
"85% funded" nationally covers plans from 119.6% (Oklahoma PERS) to 24.6% (Chicago Municipal).
42 plans are over 100% funded. 24 are below 60% → equable.org/report/state-of-…
#PublicPensions #FundedRatio
One of the strongest return runs in pension history — and four states still averaged under 5pp annual asset growth while sitting below 90% funded: OH, NC, CO, AK.
Falling behind in a boom is structural → equable.org/report/state-of-…
#PublicPensions #PensionInvesting
Indiana public employees have an important choice to make.
SB14 lets current TRF and PERF "My Choice" DC members switch to a Hybrid plan. The window closes Dec 31, 2026.
New Equable scorecards lay out what it means for your retirement benefits: equable.org/news/indiana-sen…
The average assumed return for public pension plans is now 6.88%, down from 8.07% in 2001.
Plans assuming more than 7% have fallen from 230 to 60 — but the trend toward realism has stalled → equable.org/report/state-of-…
#PublicPensions #AssumedReturn
States paid 99.4% of their required pension contributions in 2025 — a net 100% three years running.
But ~18% of plans still underpay, and the required rate is a floor, not a guarantee → equable.org/report/state-of-…
#PublicPensions #StateBudgets
27.1% of public pension assets are now priced by models, not markets — up from ~9% before 2008.
Overstate those values and funded status is overstated too → equable.org/report/state-of-…
#PublicPensions #ValuationRisk




















