CalPERS
public plan · State of California · San Diego, CA
ACTIVE
B
Pension Health Score
67/100
Funding Status67% Funded
0%80% threshold100%
$455.8B
Total Assets
$680.3B
Total Liabilities
$224.5B
Unfunded Liability
1,957,376
Participants
Funding History
What This Means for You
CalPERS is in good financial health at 67% funded. This means for every dollar the plan owes in future benefits, it has 67 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
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $455.8B | $680.3B | 67.0% | $22.9B |
| 2024 | $429.1B | $695.4B | 61.7% | $26.6B |
| 2023 | $422.5B | $693.8B | 60.9% | $19.9B |
| 2022 | $415.6B | $560.1B | 74.2% | $21.9B |
| 2021 | $375.9B | $594.8B | 63.2% | $22.6B |