How many public pension plans does Mississippi have?

Mississippi has 1 public pension plan tracked by the Public Plans Database (PPD), covering 361,104 total members. These plans include state-level and local government retirement systems for teachers, police, firefighters, and general employees.

Is Mississippi's pension system in crisis?

Mississippi's public pension plans average 68.8% funded (#37 of 51, 6.7 points below the national average) with combined unfunded liability $14.60B. Bottom-third average funding and 0 D/F grades mark a thinner statewide book. Data is sourced from the Boston College Center for Retirement Research.

What is the average funded ratio in Mississippi?

The average funded ratio across all 1 public pension plan in Mississippi is 68.8% (#37 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 Mississippi vary; browse the table above to compare specific plans.

Public Plans Database

Mississippi Public Pension Plans

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

1 plans · bottom-third average funded ratio (#37 of 51)

Lower funded-ratio band. Mississippi ranks #37 of 51 by average actuarial funded ratio (68.8%), bottom-third among states with a published average.

Avg funded ratio: 68.8%
Total unfunded: $14.60B
Total members: 361,104
Plans tracked: 1

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Mississippi’s 1 tracked plans carry a combined unfunded liability of $14.60B at an average funded ratio of 68.8%. 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 MS Mississippi

Mississippi: avg 68.8% funded (6.7 points below the national average) · 0 D/F grades · unfunded $14.60B

AVG 68.8%
UNF $14.60B
MEM 361,104
N 1
DF 0
VS -6.7pt
BEST 68.8%
LOW 68.8%

Funded-ratio peers

Nearest funded-ratio peer: Georgia (68.7%)

Average funded ratio neighbourhood vs Mississippi (FY2023 plan cards)

0 of 1 published-ratio plans sit under 60% actuarial assets; 0 of 1 carry a D or F health grade. How funded ratios are calculated →

Mississippi in the lower-funded third

Health grades and the 68.8% state average (#37 of 51, 6.7 points below the national average) 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 1 Mississippi plans (FY2023 plan cards)

Every tracked plan in Mississippi

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
Mississippi Public Employees Retirement System	General State	68.8%	C	$32.18B	$14.60B	361,104	85.9%	8.3%

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

Compare inside Mississippi’s lower-funded 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 · Mississippi roster FY2023

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