Michigan State Employees Retirement System funded-ratio changes https://plainpension.com/plan/michigan-state-employees-retirement-system/ Every recorded annual valuation for Michigan State Employees Retirement System -- funded ratio, assets, unfunded liability and ARC coverage, year by year. en-us Wed, 23 Sep 2026 21:59:26 GMT Michigan State Employees Retirement System funded ratio, FY 2024 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2024@plainpension.com Mon, 01 Jan 2024 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2024 valuation: Funded ratio: 69.3%; ARC coverage: 112.1%. Michigan State Employees Retirement System funded ratio, FY 2023 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2023@plainpension.com Sun, 01 Jan 2023 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2023 valuation: Funded ratio: 70.6%; market assets: $13.3B; unfunded liability: $5.6B; ARC coverage: 103.8%. Michigan State Employees Retirement System funded ratio, FY 2022 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2022@plainpension.com Sat, 01 Jan 2022 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2022 valuation: Funded ratio: 72.5%; market assets: $13.1B; unfunded liability: $5.0B; ARC coverage: 99.9%. Michigan State Employees Retirement System funded ratio, FY 2021 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2021@plainpension.com Fri, 01 Jan 2021 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2021 valuation: Funded ratio: 72.1%; market assets: $14.5B; unfunded liability: $5.6B; ARC coverage: 98.4%. Michigan State Employees Retirement System funded ratio, FY 2020 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2020@plainpension.com Wed, 01 Jan 2020 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2020 valuation: Funded ratio: 68.7%; market assets: $12.0B; unfunded liability: $5.5B; ARC coverage: 102.0%. Michigan State Employees Retirement System funded ratio, FY 2019 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2019@plainpension.com Tue, 01 Jan 2019 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2019 valuation: Funded ratio: 68.3%; market assets: $12.2B; unfunded liability: $5.7B; ARC coverage: 101.2%. Michigan State Employees Retirement System funded ratio, FY 2018 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2018@plainpension.com Mon, 01 Jan 2018 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2018 valuation: Funded ratio: 69.4%; market assets: $12.4B; unfunded liability: $5.5B; ARC coverage: 103.7%. Michigan State Employees Retirement System funded ratio, FY 2017 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2017@plainpension.com Sun, 01 Jan 2017 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2017 valuation: Funded ratio: 68.9%; market assets: $11.8B; unfunded liability: $5.3B; ARC coverage: 99.1%. Michigan State Employees Retirement System funded ratio, FY 2016 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2016@plainpension.com Fri, 01 Jan 2016 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2016 valuation: Funded ratio: 67.7%; market assets: $11.0B; unfunded liability: $5.2B; ARC coverage: 95.3%. Michigan State Employees Retirement System funded ratio, FY 2015 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2015@plainpension.com Thu, 01 Jan 2015 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2015 valuation: Funded ratio: 66.7%; market assets: $10.7B; unfunded liability: $5.4B; ARC coverage: 114.5%. Michigan State Employees Retirement System funded ratio, FY 2014 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2014@plainpension.com Wed, 01 Jan 2014 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2014 valuation: Funded ratio: 65.9%; market assets: $11.0B; unfunded liability: $5.7B; ARC coverage: 112.9%. Michigan State Employees Retirement System funded ratio, FY 2013 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2013@plainpension.com Tue, 01 Jan 2013 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2013 valuation: Funded ratio: 63.3%; market assets: $9.9B; unfunded liability: $5.7B; ARC coverage: 99.0%. Michigan State Employees Retirement System funded ratio, FY 2012 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2012@plainpension.com Sun, 01 Jan 2012 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2012 valuation: Funded ratio: 62.5%; market assets: $9.3B; unfunded liability: $5.6B; ARC coverage: 81.9%. Michigan State Employees Retirement System funded ratio, FY 2011 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2011@plainpension.com Sat, 01 Jan 2011 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2011 valuation: Funded ratio: 62.8%; market assets: $8.7B; unfunded liability: $5.1B; ARC coverage: 94.8%. Michigan State Employees Retirement System funded ratio, FY 2010 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2010@plainpension.com Fri, 01 Jan 2010 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2010 valuation: Funded ratio: 62.8%; market assets: $8.9B; unfunded liability: $5.3B; ARC coverage: 88.4%. Michigan State Employees Retirement System funded ratio, FY 2009 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2009@plainpension.com Thu, 01 Jan 2009 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2009 valuation: Funded ratio: 63.9%; market assets: $8.6B; unfunded liability: $4.8B; ARC coverage: 97.8%. Michigan State Employees Retirement System funded ratio, FY 2008 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2008@plainpension.com Tue, 01 Jan 2008 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2008 valuation: Funded ratio: 77.2%; market assets: $9.8B; unfunded liability: $2.9B; ARC coverage: 115.5%. Michigan State Employees Retirement System funded ratio, FY 2007 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2007@plainpension.com Mon, 01 Jan 2007 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2007 valuation: Funded ratio: 79.5%; market assets: $12.1B; unfunded liability: $3.1B; ARC coverage: 47.7%. Michigan State Employees Retirement System funded ratio, FY 2006 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2006@plainpension.com Sun, 01 Jan 2006 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2006 valuation: Funded ratio: 80.4%; market assets: $10.9B; unfunded liability: $2.7B; ARC coverage: 73.8%. Michigan State Employees Retirement System funded ratio, FY 2005 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2005@plainpension.com Sat, 01 Jan 2005 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2005 valuation: Funded ratio: 86.7%; market assets: $10.1B; unfunded liability: $1.6B; ARC coverage: 83.2%. Michigan State Employees Retirement System funded ratio, FY 2004 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2004@plainpension.com Thu, 01 Jan 2004 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2004 valuation: Funded ratio: 91.2%; market assets: $9.4B; unfunded liability: $0.9B; ARC coverage: 39.6%. Michigan State Employees Retirement System funded ratio, FY 2003 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2003@plainpension.com Wed, 01 Jan 2003 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2003 valuation: Funded ratio: 93.0%; market assets: $8.9B; unfunded liability: $0.7B; ARC coverage: 43.0%. Michigan State Employees Retirement System funded ratio, FY 2002 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2002@plainpension.com Tue, 01 Jan 2002 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2002 valuation: Funded ratio: 98.0%; market assets: $8.3B; unfunded liability: $0.2B; ARC coverage: 78.4%. Michigan State Employees Retirement System funded ratio, FY 2001 https://plainpension.com/plan/michigan-state-employees-retirement-system/ plan-financials-michigan-state-employees-retirement-system-2001@plainpension.com Mon, 01 Jan 2001 00:00:00 GMT Michigan State Employees Retirement System fiscal year 2001 valuation: Funded ratio: 102.2%; market assets: $9.6B; unfunded liability: $-0.2B; ARC coverage: 109.0%.