How many public pension plans does Wisconsin have?

Wisconsin has 3 public pension plans tracked by the Public Plans Database (PPD), covering 728,924 total members. These plans include state-level and local government retirement systems for teachers, police, firefighters, and general employees.

Is Wisconsin's pension system in crisis?

Wisconsin's tracked plans carry $54.00B in combined unfunded liability (#9 of 50) at an average funded ratio of 81.1%. That heavier liability book is the lead signal here, not a benefit forecast. Data is sourced from the Boston College Center for Retirement Research.

What is the average funded ratio in Wisconsin?

The average funded ratio across all 3 public pension plans in Wisconsin is 81.1% (#14 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 Wisconsin vary; browse the table above to compare specific plans.

Public Plans Database

Wisconsin Public Pension Plans

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

3 plans · top-third unfunded liability (#9 of 50)

Heavier unfunded book. Wisconsin ranks #9 of 50 by combined unfunded liability ($54.00B), top-third liability book among states.

Avg funded ratio: 81.1%
Total unfunded: $54.00B
Total members: 728,924
Plans tracked: 3

According to the Public Plans Database, compiled by the Boston College Center for Retirement Research, Wisconsin’s 3 tracked plans carry a combined unfunded liability of $54.00B at an average funded ratio of 81.1%. 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 WI Wisconsin

Wisconsin: avg 81.1% funded (5.6 points above the national average) · 0 D/F grades · unfunded $54.00B

AVG 81.1%
UNF $54.00B
MEM 728,924
N 3
DF 0
VS +5.6pt
BEST 98.6%
LOW 70.5%

Funded-ratio peers

Nearest funded-ratio peer: Hawaii (81.4%)

Average funded ratio neighbourhood vs Wisconsin (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 →

Wisconsin grade mix with a heavier unfunded book

Health grades against a $54.00B combined unfunded book (#9 of 50) 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 Wisconsin plans (FY2023 plan cards)

Plan types in Wisconsin

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
General State	2	84.6%	716,458	$133.49B	$53.41B
Municipal	1	74.3%	12,466	$1.71B	$591M

Every tracked plan in Wisconsin

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
Milwaukee City ERS	General State	98.6%	B	$5.80B	$82M	27,633	100.0%	11.4%
Milwaukee County Employees Retirement System	Municipal	74.3%	C	$1.71B	$591M	12,466	98.9%	5.2%
Wisconsin Retirement System	General State	70.5%	C	$127.70B	$53.33B	688,825	100.0%	11.4%

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

Compare inside Wisconsin’s heavier-liability 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 · Wisconsin roster FY2023

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