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Why Fund a Pension
Current State
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SERS
STRS
Status Quo
Annual Contribution $800M
STRS 6.9% Assumed Return
Constant 6% Return
One Recession
Two Recessions
Funded Ratio (MVA)
0%
20%
40%
60%
80%
100%
2024
2026
2028
2030
2032
2034
2036
2038
2040
2042
2044
2046
2048
2050
2052
2054
Employer Contribution (% of Payroll)
0%
10%
20%
30%
40%
50%
2024
2026
2028
2030
2032
2034
2036
2038
2040
2042
2044
2046
2048
2050
2052
2054
Unfunded Market Liability (Infl. Adjusted)
$0.0
$5.0B
$10B
$15B
$20B
2024
2026
2028
2030
2032
2034
2036
2038
2040
2042
2044
2046
2048
2050
2052
2054
All-In Employer Costs by 2053 ⓘ
Table
$0.0
$10B
$20B
$30B
Status Quo -
STRS 6.9%
Assumed Return
Annual $800M
Cont - STRS
6.9% Assumed
Return