South Dakota Retirement System
public plan · State of South Dakota · Sioux Falls, SD
ACTIVE
A
Pension Health Score
84/100
Funding Status99% Funded
0%80% threshold100%
$14.1B
Total Assets
$14.3B
Total Liabilities
$184.5M
Unfunded Liability
73,946
Participants
Funding History
What This Means for You
South Dakota Retirement System is in excellent financial health at 99% funded. This means for every dollar the plan owes in future benefits, it has 99 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 | $14.1B | $14.3B | 98.7% | $832.3M |
| 2024 | $13.4B | $13.6B | 98.3% | $987.4M |
| 2023 | $13.4B | $13.4B | 99.7% | $1.0B |
| 2022 | $12.5B | $13.2B | 94.7% | $841.7M |
| 2021 | $11.9B | $12.0B | 98.8% | $925.1M |