U.S. Pension Tracker

Joe Nation, Ph.D.

Pension Tracker Project Director
Bill Lane Center for the West

The Bottom 25% (Lowest quartile) indicates relatively lower unfunded liabilities. The Top 25% (Highest quartile) indicates relatively higher unfunded liabilities. Metrics reflect the Fiscal Year selected. Agencies reported as NA or agencies for which we do not have geographic locations are excluded from calculations. See Glossary for additional information.

Data reflect Fiscal Year (FY) 2019, the most recent available.

West Virginia, All State and Local Systems

PDF Excel Excel
Plan : From year: to
Detailed Table

Assets, Liabilities and Unfunded Liabilities

Variable 2017 2018 2019
Market Liability (thousands) $33,361,805 $32,745,468 $33,457,668
Value of Assets (thousands) $15,113,244 $15,998,229 $16,106,790
Market Pension Debt (thousands) $18,248,561 $16,747,239 $17,350,878
Market Discount Rate 3.00% 3.25% 3.25%
Actuarial Liability (thousands) $19,134,778 $19,382,596 $19,804,159
Actuarial Pension Debt (thousands) $4,021,534 $3,384,367 $3,697,370
Assumed Rate of Return 7.50% 7.50% 7.50%
  • Variable

    Market Liability (thousands)

    • 2019

      $33,457,668

    • 2018

      $32,745,468

    • 2017

      $33,361,805

    • 2016

      $32,886,586

    • 2015

      $29,911,367

    • 2014

      $32,182,452

    • 2013

      $30,110,544

    • 2012

      $32,574,392

    • 2011

      $25,627,458

    • 2010

      $25,297,371

    • 2009

      $22,847,603

    • 2008

      $20,831,811


  • Variable

    Value of Assets (thousands)

    • 2019

      $16,106,790

    • 2018

      $15,998,229

    • 2017

      $15,113,244

    • 2016

      $13,401,347

    • 2015

      $13,947,443

    • 2014

      $13,635,740

    • 2013

      $11,776,611

    • 2012

      $10,618,872

    • 2011

      $10,546,459

    • 2010

      $8,838,465

    • 2009

      $7,716,308

    • 2008

      $8,911,497


  • Variable

    Market Pension Debt (thousands)

    • 2019

      $17,350,878

    • 2018

      $16,747,239

    • 2017

      $18,248,561

    • 2016

      $19,485,239

    • 2015

      $15,963,925

    • 2014

      $18,546,712

    • 2013

      $18,333,934

    • 2012

      $21,955,520

    • 2011

      $15,080,999

    • 2010

      $16,458,906

    • 2009

      $15,131,295

    • 2008

      $11,920,314


  • Variable

    Market Discount Rate

    • 2019

      3.25%

    • 2018

      3.25%

    • 2017

      3.00%

    • 2016

      3.00%

    • 2015

      3.25%

    • 2014

      3.00%

    • 2013

      3.20%

    • 2012

      2.50%

    • 2011

      4.00%

    • 2010

      3.70%

    • 2009

      4.20%

    • 2008

      4.50%


  • Variable

    Actuarial Liability (thousands)

    • 2019

      $19,804,159

    • 2018

      $19,382,596

    • 2017

      $19,134,778

    • 2016

      $18,862,214

    • 2015

      $17,705,044

    • 2014

      $17,685,680

    • 2013

      $17,118,312

    • 2012

      $16,722,143

    • 2011

      $16,123,294

    • 2010

      $15,388,290

    • 2009

      $14,654,422

    • 2008

      $14,016,404


  • Variable

    Actuarial Pension Debt (thousands)

    • 2019

      $3,697,370

    • 2018

      $3,384,367

    • 2017

      $4,021,534

    • 2016

      $5,460,867

    • 2015

      $3,757,601

    • 2014

      $4,049,940

    • 2013

      $5,341,702

    • 2012

      $6,103,271

    • 2011

      $5,576,835

    • 2010

      $6,549,825

    • 2009

      $6,938,114

    • 2008

      $5,104,907


  • Variable

    Assumed Rate of Return

    • 2019

      7.50%

    • 2018

      7.50%

    • 2017

      7.50%

    • 2016

      7.50%

    • 2015

      7.50%

    • 2014

      7.50%

    • 2013

      7.50%

    • 2012

      7.50%

    • 2011

      7.50%

    • 2010

      7.50%

    • 2009

      7.61%

    • 2008

      7.50%


*Recommended not to combine dollar and other categories.

Funded Ratios

Variable 2017 2018 2019
Market Funded Ratio 45.3% 48.9% 48.1%
Actuarial Funded Ratio 79.0% 82.5% 81.3%
  • Variable

    Market Funded Ratio

    • 2019

      48.1%

    • 2018

      48.9%

    • 2017

      45.3%

    • 2016

      40.8%

    • 2015

      46.6%

    • 2014

      42.4%

    • 2013

      39.1%

    • 2012

      32.6%

    • 2011

      41.2%

    • 2010

      34.9%

    • 2009

      33.8%

    • 2008

      42.8%


  • Variable

    Actuarial Funded Ratio

    • 2019

      81.3%

    • 2018

      82.5%

    • 2017

      79.0%

    • 2016

      71.1%

    • 2015

      78.8%

    • 2014

      77.1%

    • 2013

      68.8%

    • 2012

      63.5%

    • 2011

      65.4%

    • 2010

      57.4%

    • 2009

      52.7%

    • 2008

      63.6%


*Recommended not to combine dollar and other categories.

State Demographics

Variable 2017 2018 2019
Population 1,815,857 1,805,832 1,785,356
Households 715,308 734,676 728,071
  • Variable

    Population

    • 2019

      1,785,356

    • 2018

      1,805,832

    • 2017

      1,815,857

    • 2016

      1,831,102

    • 2015

      1,844,128

    • 2014

      1,848,751

    • 2013

      1,852,985

    • 2012

      1,856,313

    • 2011

      1,854,982

    • 2010

      1,854,176

    • 2009

      1,847,775

    • 2008

      1,840,310


  • Variable

    Households

    • 2019

      728,071

    • 2018

      734,676

    • 2017

      715,308

    • 2016

      722,125

    • 2015

      733,536

    • 2014

      735,375

    • 2013

      738,653

    • 2012

      741,544

    • 2011

      735,408

    • 2010

      741,940

    • 2009

      748,517

    • 2008

      749,586


*Recommended not to combine dollar and other categories.

Budget & Revenue

Variable 2017 2018 2019
State General Fund Expenditures (thousands) $4,225,000 $3,638,000 $3,792,000
State Total Expenditures (thousands) $16,006,000 $16,857,000 $18,280,000
State Total General Fund Revenues (thousands) $4,187,000 $4,245,000 $4,756,000
  • Variable

    State General Fund Expenditures (thousands)

    • 2019

      $3,792,000

    • 2018

      $3,638,000

    • 2017

      $4,225,000

    • 2016

      $4,195,000

    • 2015

      $4,259,000

    • 2014

      $4,256,000

    • 2013

      $4,283,000

    • 2012

      $4,144,000

    • 2011

      $3,770,000

    • 2010

      $3,704,000

    • 2009

      $3,901,000

    • 2008

      $3,824,000


  • Variable

    State Total Expenditures (thousands)

    • 2019

      $18,280,000

    • 2018

      $16,857,000

    • 2017

      $16,006,000

    • 2016

      $16,172,000

    • 2015

      $23,493,000

    • 2014

      $23,888,000

    • 2013

      $22,320,000

    • 2012

      $21,897,000

    • 2011

      $21,198,000

    • 2010

      $20,378,000

    • 2009

      $20,447,000

    • 2008

      $18,710,000


  • Variable

    State Total General Fund Revenues (thousands)

    • 2019

      $4,756,000

    • 2018

      $4,245,000

    • 2017

      $4,187,000

    • 2016

      $4,106,000

    • 2015

      $4,204,000

    • 2014

      $4,136,000

    • 2013

      $4,150,000

    • 2012

      $4,016,000

    • 2011

      $4,064,000

    • 2010

      $3,758,000

    • 2009

      $3,901,000

    • 2008

      $3,929,000


*Recommended not to combine dollar and other categories.

Unfunded Liability Metrics

Variable 2017 2018 2019
Market Pension Debt/Household $25,511 $22,795 $23,831
Market Pension Debt/Capita $10,050 $9,274 $9,718
Market Pension Debt/State General Fund Expenditures 4.32 4.60 4.58
Market Pension Debt/State Total Expenditures 1.14 0.99 0.95
Market Pension Debt/State Total General Fund Revenues 4.36 3.95 3.65
Actuarial Pension Debt/Household $5,622 $4,607 $5,078
Actuarial Pension Debt/Capita $2,215 $1,874 $2,071
Actuarial Pension Debt/State General Fund Expenditures 0.95 0.93 0.98
Actuarial Pension Debt/State Total Expenditures 0.25 0.20 0.20
Actuarial Pension Debt/State Total General Fund Revenues 0.96 0.80 0.78
  • Variable

    Market Pension Debt/Household

    • 2019

      $23,831

    • 2018

      $22,795

    • 2017

      $25,511

    • 2016

      $26,983

    • 2015

      $21,763

    • 2014

      $25,221

    • 2013

      $24,821

    • 2012

      $29,608

    • 2011

      $20,507

    • 2010

      $22,184

    • 2009

      $20,215

    • 2008

      $15,903


  • Variable

    Market Pension Debt/Capita

    • 2019

      $9,718

    • 2018

      $9,274

    • 2017

      $10,050

    • 2016

      $10,641

    • 2015

      $8,657

    • 2014

      $10,032

    • 2013

      $9,894

    • 2012

      $11,827

    • 2011

      $8,130

    • 2010

      $8,877

    • 2009

      $8,189

    • 2008

      $6,477


  • Variable

    Market Pension Debt/State General Fund Expenditures

    • 2019

      4.58

    • 2018

      4.60

    • 2017

      4.32

    • 2016

      4.64

    • 2015

      3.75

    • 2014

      4.36

    • 2013

      4.28

    • 2012

      5.30

    • 2011

      4.00

    • 2010

      4.44

    • 2009

      3.88

    • 2008

      3.12


  • Variable

    Market Pension Debt/State Total Expenditures

    • 2019

      0.95

    • 2018

      0.99

    • 2017

      1.14

    • 2016

      1.20

    • 2015

      0.68

    • 2014

      0.78

    • 2013

      0.82

    • 2012

      1.00

    • 2011

      0.71

    • 2010

      0.81

    • 2009

      0.74

    • 2008

      0.64


  • Variable

    Market Pension Debt/State Total General Fund Revenues

    • 2019

      3.65

    • 2018

      3.95

    • 2017

      4.36

    • 2016

      4.75

    • 2015

      3.80

    • 2014

      4.48

    • 2013

      4.42

    • 2012

      5.47

    • 2011

      3.71

    • 2010

      4.38

    • 2009

      3.88

    • 2008

      3.03


  • Variable

    Actuarial Pension Debt/Household

    • 2019

      $5,078

    • 2018

      $4,607

    • 2017

      $5,622

    • 2016

      $7,562

    • 2015

      $5,123

    • 2014

      $5,507

    • 2013

      $7,232

    • 2012

      $8,230

    • 2011

      $7,583

    • 2010

      $8,828

    • 2009

      $9,269

    • 2008

      $6,810


  • Variable

    Actuarial Pension Debt/Capita

    • 2019

      $2,071

    • 2018

      $1,874

    • 2017

      $2,215

    • 2016

      $2,982

    • 2015

      $2,038

    • 2014

      $2,191

    • 2013

      $2,883

    • 2012

      $3,288

    • 2011

      $3,006

    • 2010

      $3,532

    • 2009

      $3,755

    • 2008

      $2,774


  • Variable

    Actuarial Pension Debt/State General Fund Expenditures

    • 2019

      0.98

    • 2018

      0.93

    • 2017

      0.95

    • 2016

      1.30

    • 2015

      0.88

    • 2014

      0.95

    • 2013

      1.25

    • 2012

      1.47

    • 2011

      1.48

    • 2010

      1.77

    • 2009

      1.78

    • 2008

      1.33


  • Variable

    Actuarial Pension Debt/State Total Expenditures

    • 2019

      0.20

    • 2018

      0.20

    • 2017

      0.25

    • 2016

      0.34

    • 2015

      0.16

    • 2014

      0.17

    • 2013

      0.24

    • 2012

      0.28

    • 2011

      0.26

    • 2010

      0.32

    • 2009

      0.34

    • 2008

      0.27


  • Variable

    Actuarial Pension Debt/State Total General Fund Revenues

    • 2019

      0.78

    • 2018

      0.80

    • 2017

      0.96

    • 2016

      1.33

    • 2015

      0.89

    • 2014

      0.98

    • 2013

      1.29

    • 2012

      1.52

    • 2011

      1.37

    • 2010

      1.74

    • 2009

      1.78

    • 2008

      1.30


*Recommended not to combine dollar and other categories.

Pension Tracker

Bill Lane Center for the West
473 Via Ortega, First Floor
Stanford, CA 94305-4225
Contact