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PensionWatch

North Carolina Retirement Systems

public plan · State of North Carolina · Raleigh, NC

ACTIVE
B
Pension Health Score
77/100
Funding Status85% Funded
0%80% threshold100%
$101.3B
Total Assets
$118.9B
Total Liabilities
$17.7B
Unfunded Liability
933,366
Participants

Funding History

What This Means for You

North Carolina Retirement Systems is in good financial health at 85% funded. This means for every dollar the plan owes in future benefits, it has 85 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$101.3B$118.9B85.1%$3.3B
2024$100.6B$117.7B85.5%$3.6B
2023$94.0B$105.3B89.2%$2.9B
2022$88.4B$98.2B90.0%$2.6B
2021$87.4B$102.3B85.5%$3.6B