Actuarial valuation
fiscal year 2026, as reported to the PRBFunded ratio
77.5%
- Actuarial accrued liability
- $288.5B
- Actuarial value of assets
- $223.6B
- Unfunded liability
- $64.9B
- Amortization period
- 35.0 years
- Assumed return
- 7.00%
- Contributions (employer / employee, % pay)
- 9.5% / 8.3%
Financial report
fiscal year 2025- Net assets (market value)
- $226.3B
- Benefit payments
- $15.2B
- Total contributions
- $11.0B
Membership
fiscal year 2025- Active members
- 976,406
- Annuitants
- 523,657
Funded status by year
| FY | Funded ratio | Assets (actuarial) | Liability | Unfunded | Amortization |
|---|---|---|---|---|---|
| 2026 | 77.5% | $223.6B | $288.5B | $64.9B | 35.0 |
| 2025 | 77.5% | $223.6B | $288.5B | $64.9B | 35.0 |
| 2024 | 77.8% | $212.5B | $273.1B | $60.6B | 28.0 |
| 2023 | 77.5% | $199.7B | $257.5B | $57.9B | 29.0 |
| 2022 | 79.0% | $193.9B | $245.6B | $51.7B | 26.0 |
| 2021 | 79.1% | $180.6B | $228.2B | $47.6B | 23.0 |
| 2020 | 76.8% | $167.4B | $218.0B | $50.6B | 27.0 |
| 2019 | 76.4% | $160.2B | $209.7B | $49.5B | 29.0 |
| 2018 | 76.9% | $154.1B | $200.2B | $46.2B | 87.0 |
| 2017 | 80.5% | $146.3B | $181.8B | $35.5B | 32.2 |
| 2016 | 79.7% | $138.8B | $174.2B | $35.5B | 33.6 |
| 2015 | 80.2% | $133.5B | $166.5B | $33.0B | 33.3 |
| 2014 | 80.2% | $128.4B | $160.0B | $31.6B | 29.8 |
| 2013 | 80.8% | $121.7B | $150.7B | $28.9B | 28.0 |
| 2012 | 81.9% | $118.3B | $144.4B | $26.1B | never |
| 2011 | 82.7% | $115.3B | $139.3B | $24.1B | never |
| 2010 | 82.9% | $111.3B | $134.2B | $22.9B | never |
| 2009 | 83.1% | $106.4B | $128.0B | $21.6B | never |
| 2008 | 90.5% | $110.2B | $121.8B | $11.5B | 20.7 |
| 2007 | 89.2% | $103.4B | $116.0B | $12.5B | 27.4 |
| 2006 | 87.3% | $94.2B | $107.9B | $13.7B | never |