How many public pension plans does Alaska have?

Alaska has 3 public pension plans tracked by the Public Plans Database, covering 70,303 total members (#49 of 51 by membership book). Types on this roster include teachers, police and fire, municipal, and general state systems where present.

Is Alaska's pension system in crisis?

Alaska's public pension plans have an average funded ratio of 71.0% and a total unfunded liability of $7.34B. An average funded ratio in the 60-80% range indicates moderate underfunding that requires attention but is not yet at crisis levels. Data is sourced from the Boston College Center for Retirement Research.

What is the average funded ratio in Alaska?

The average funded ratio across all 3 public pension plans in Alaska is 71.0% (#34 of 51 among states), based on the most recent Public Plans Database data. A funded ratio of 100% means a plan has sufficient assets to meet all projected obligations. The national average for public pensions is approximately 75.5%. Individual plan ratios in Alaska vary; browse the table above to compare specific plans.

Public Plans Database

Alaska Public Pension Plans

Name: Alaska Public Pension Plans
Creator: Boston College Center for Retirement Research
License: https://www.usa.gov/government-copyright

3 plans · bottom-third membership book (#49 of 51)

Smaller membership book. Alaska ranks #49 of 51 by tracked members (70,303), bottom-third membership book among states.

Avg funded ratio: 71.0%
Total unfunded: $7.34B
Total members: 70,303
Plans tracked: 3

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Alaska’s 3 tracked plans carry a combined unfunded liability of $7.34B at an average funded ratio of 71.0%. Plan cards report FY2023 valuations; this site’s database copy was last loaded in July 2026. See our methodology for the full source and update cadence.

PPD actuarial excerpt

State roster AK Alaska

Alaska: avg 71.0% funded (4.5 points below the national average) · 0 D/F grades · unfunded $7.34B

AVG 71.0%
UNF $7.34B
MEM 70,303
N 3
DF 0
VS -4.5pt
BEST 76.8%
LOW 67.0%

Funded-ratio peers

Nearest funded-ratio peer: Louisiana (71.6%)

Average funded ratio neighbourhood vs Alaska (FY2023 plan cards)

0 of 3 published-ratio plans sit under 60% actuarial assets; 0 of 3 carry a D or F health grade. How this roster is sourced →

Alaska grade mix on a smaller membership book

Health grades across 3 plans (70,303 members, #49 of 51) use the same FY2023 plan-card snapshot as the hero KPIs and the table below.

Health-grade counts from the same state plan rows as the roster table

Source: Public Plans Database (Boston College CRR / NASRA) As of FY2023 plan cards; history through FY2024

Average actuarial funded ratio across 3 Alaska plans (FY2023 plan cards)

Plan types in Alaska

Aggregates from the same FY2023 plan-card rows as the roster below. Averages include only plans that report a funded ratio.

Type	Plans	Avg funded	Members	Assets	Unfunded
Teachers	1	76.8%	17,752	$6.10B	$1.84B
Police & Fire	1	69.3%	739	$0M	$0M
General State	1	67.0%	51,812	$11.14B	$5.50B

Every tracked plan in Alaska

FY2023 plan-card snapshot from the Public Plans Database. ARC is the actuarially required contribution as a share of payroll where reported.

Plan	Type	Funded	Grade	Assets	Unfunded	Members	ARC	1yr return
Alaska Teachers Retirement System	Teachers	76.8%	C	$6.10B	$1.84B	17,752	103.9%	7.0%
Anchorage Police and Fire Retirement System	Police & Fire	69.3%	C	n/a	n/a	739	0.0%	8.3%
Alaska Public Employees Retirement System	General State	67.0%	C	$11.14B	$5.50B	51,812	105.1%	7.0%

Read our methodology - how this data is sourced, computed, and verified.

Compare inside Alaska’s smaller membership roster

Data sourced from official Public Plans Database and actuarial valuations from federal and state pension systems. See our methodology for details. Retrieved and formatted by PlainPension · Alaska roster FY2023

Compiled by PlainPension, Pension Fund Health Editorial Process · July 23, 2026