How many public pension plans does Georgia have?

Georgia has 5 public pension plans tracked by the Public Plans Database, covering 991,865 total members (#8 of 51 by membership book). Types on this roster include teachers, police and fire, municipal, and general state systems where present.

Is Georgia's pension system in crisis?

Georgia's public pension plans have an average funded ratio of 68.7% and a total unfunded liability of $48.08B. 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 Georgia?

The average funded ratio across all 5 public pension plans in Georgia is 68.7% (#38 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 Georgia vary; browse the table above to compare specific plans.

Public Plans Database

Georgia Public Pension Plans

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

5 plans · top-third membership book (#8 of 51)

Larger membership book. Georgia ranks #8 of 51 by tracked members (991,865), top-third membership book among states.

Avg funded ratio: 68.7%
Total unfunded: $48.08B
Total members: 991,865
Plans tracked: 5

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Georgia’s 5 tracked plans carry a combined unfunded liability of $48.08B at an average funded ratio of 68.7%. 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 GA Georgia

Georgia: avg 68.7% funded (6.8 points below the national average) · 1 D/F grades · unfunded $48.08B

AVG 68.7%
UNF $48.08B
MEM 991,865
N 5
DF 1
VS -6.8pt
BEST 85.1%
LOW 56.9%

Funded-ratio peers

Nearest funded-ratio peer: Mississippi (68.8%)

Average funded ratio neighbourhood vs Georgia (FY2023 plan cards)

2 of 5 published-ratio plans sit under 60% actuarial assets; 1 of 5 carry a D or F health grade. How this roster is sourced →

Georgia grade mix on a larger membership book

Health grades across 5 plans (991,865 members, #8 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 5 Georgia plans (FY2023 plan cards)

Plan types in Georgia

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
Police & Fire	2	72.0%	5,877	$2.18B	$807M
General State	2	62.8%	464,479	$19.64B	$14.35B
Teachers	1	74.3%	521,509	$94.99B	$32.92B

Every tracked plan in Georgia

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
Atlanta Police Fund	Police & Fire	85.1%	B	$1.37B	$240M	3,820	100.0%	8.6%
Georgia Teachers Retirement System	Teachers	74.3%	C	$94.99B	$32.92B	521,509	100.0%	5.1%
Atlanta General Employees Pension Fund	General State	68.6%	C	$1.73B	$790M	10,431	100.0%	5.9%
Atlanta Fire	Police & Fire	58.8%	C	$810M	$567M	2,057	100.0%	13.5%
Georgia Employees Retirement System	General State	56.9%	D	$17.91B	$13.56B	454,048	100.0%	18.3%

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

Compare inside Georgia’s larger 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 · Georgia roster FY2023

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