Alaska Teachers Retirement System
public plan · State of Alaska · Juneau, AK
ACTIVE
D
Pension Health Score
43/100
Funding Status61% Funded
0%80% threshold100%
$4.2B
Total Assets
$6.9B
Total Liabilities
$2.7B
Unfunded Liability
28,569
Participants
Funding History
What This Means for You
Alaska Teachers Retirement System is significantly underfunded at 61%, with $2.7B in unfunded liabilities affecting 28,569 participants. Plans at this funding level face difficult choices: raising contributions substantially, reducing future benefit accruals, or in extreme cases, applying for benefit suspensions. Public plans cannot declare bankruptcy, but severe underfunding may lead to reduced cost-of-living adjustments or increased employee contributions. If you are a participant, it is important to understand your options and consider diversifying your retirement income sources.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $4.2B | $6.9B | 60.6% | $306.3M |
| 2024 | $4.1B | $6.9B | 59.8% | $368.5M |
| 2023 | $3.9B | $7.2B | 53.4% | $331.0M |
| 2022 | $3.7B | $6.4B | 57.4% | $369.5M |
| 2021 | $3.4B | $5.2B | 66.2% | $384.4M |