Idaho Public Employee Retirement System
public plan · State of Idaho · Meridian, ID
Funding History
What This Means for You
Idaho Public Employee Retirement System is in good financial health at 88% funded. This means for every dollar the plan owes in future benefits, it has 88 cents in assets to cover it. As a public pension, benefits are typically backed by the taxing authority of the sponsoring government. Participants in this plan have relatively low risk of benefit reductions.
Year-by-Year Funding
| Year | Assets | Liabilities | Funding Ratio | Contributions |
|---|---|---|---|---|
| 2025 | $22.0B | $25.0B | 87.7% | $1.7B |
| 2024 | $21.2B | $24.2B | 87.6% | $1.8B |
| 2023 | $19.8B | $24.7B | 80.2% | $2.0B |
| 2022 | $19.6B | $22.5B | 87.3% | $1.6B |
| 2021 | $18.9B | $21.3B | 88.7% | $2.0B |
Frequently Asked Questions
Idaho Public Employee Retirement System is 88% funded, meaning it has 88 cents in assets for every dollar in future benefit obligations. This is considered healthy by actuarial standards.
Idaho Public Employee Retirement System has 140,401 total participants, including 80,236 active employees and 60,165 retirees currently receiving benefits.
Idaho Public Employee Retirement System is not covered by the PBGC. Benefits depend entirely on the plan's assets and the sponsor's ability to fund it.
The Pension Health Score (0-100, A-F) measures a pension plan's financial strength based on funding ratio (50%), funding trend over 3 years (30%), and PBGC risk level (20%). Higher scores indicate more secure retirement benefits.
Pension Health Score is calculated from funding ratio, 3-year funding trend, and PBGC risk classification.