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PensionWatch

Alaska Public Employees Retirement System

public plan · State of Alaska · Juneau, AK

ACTIVE
B
Pension Health Score
68/100
Funding Status63% Funded
0%80% threshold100%
$7.7B
Total Assets
$12.2B
Total Liabilities
$4.5B
Unfunded Liability
38,041
Participants

Funding History

What This Means for You

Alaska Public Employees Retirement System is in good financial health at 63% funded. This means for every dollar the plan owes in future benefits, it has 63 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$7.7B$12.2B63.3%$237.3M
2024$7.7B$12.1B63.6%$284.8M
2023$7.3B$12.5B58.8%$203.0M
2022$6.7B$12.3B54.8%$260.3M
2021$6.4B$13.3B47.9%$209.2M