New York Public Pension Plans
7 plans · top-third unfunded liability (#2 of 50)
Heavier unfunded book. New York ranks #2 of 50 by combined unfunded liability ($262.51B), top-third liability book among states.
- Avg funded ratio
- 85.5%
- Total unfunded
- $262.51B
- Total members
- 2,293,213
- Plans tracked
- 7
According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, New York’s 7 tracked plans carry a combined unfunded liability of $262.51B at an average funded ratio of 85.5%. 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 NY New York
New York: avg 85.5% funded (10.0 points above the national average) · 1 D/F grades · unfunded $262.51B
- AVG 85.5%
- UNF $262.51B
- MEM 2,293,213
- N 7
- DF 1
- VS +10.0pt
- BEST 108.9%
- LOW 54.3%
Nearest funded-ratio peer: Nebraska (85.5%)
1 of 7 published-ratio plans sit under 60% actuarial assets; 1 of 7 carry a D or F health grade. How this roster is sourced →
New York grade mix with a heavier unfunded book
Health grades against a $262.51B combined unfunded book (#2 of 50) use the same FY2023 plan-card snapshot as the hero KPIs and the table below.
Plans by health grade
Count of 7 tracked New York plans in each funded-ratio grade band
Health-grade counts from the same state plan rows as the roster table
Plan types in New York
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 |
|---|---|---|
| Teachers | 3 | 94.8% |
| Police & Fire | 2 | 88.8% |
| General State | 2 | 68.2% |
Every tracked plan in New York
FY2023 plan-card snapshot from the Public Plans Database. ARC is the actuarially required contribution as a share of payroll where reported.
| Plan | Funded | Grade |
|---|---|---|
| New York City Educational | 108.9% | B |
| New York State Teachers Retirement System | 98.6% | B |
| New York City Fire | 97.6% | B |
| New York City Employees Retirement System | 82.2% | B |
| New York City Police | 79.9% | B |
| New York City Teachers Retirement System | 76.8% | C |
| New York State and Local Retirement Systems | 54.3% | D |
Read our methodology - how this data is sourced, computed, and verified.
Compare inside New York’s heavier-liability roster
- Highest published ratio in New York: New York City Educational (108.9%)
- Lowest published ratio in New York: New York State and Local Retirement Systems (54.3%)
- National Teachers plans (3 of 7 here)
- Nearest avg funded ratio: Nebraska (85.5%)
- Nearest avg funded ratio: Michigan (85.6%)
- Nearest avg funded ratio: Oklahoma (85.2%)
- Nearest avg funded ratio: Nevada (87.3%)
- Teacher pension funding by state (includes New York)