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PensionWatch

Massachusetts State Employees Retirement System

public plan · State of Massachusetts · Boston, MA

ACTIVE
C
Pension Health Score
50/100
Funding Status63% Funded
0%80% threshold100%
$10.2B
Total Assets
$16.2B
Total Liabilities
$6.0B
Unfunded Liability
100,747
Participants

Funding History

What This Means for You

Massachusetts State Employees Retirement System is 63% funded, which is below the 80% threshold that actuaries consider healthy. The plan has $6.0B in unfunded liabilities that must be addressed through increased contributions, investment returns, or benefit adjustments. Current participants should monitor this plan and consider supplemental retirement savings.

Year-by-Year Funding

YearAssetsLiabilitiesFunding RatioContributions
2025$10.2B$16.2B63.1%$589.5M
2024$9.8B$14.9B65.9%$606.0M
2023$9.4B$17.1B54.8%$599.9M
2022$9.3B$18.4B50.6%$622.4M
2021$9.0B$13.8B64.8%$696.4M